PUNE, India, April 19, 2016 /PRNewswire/ --
The report "Flame Retardant Market by Type (ATH, Antimony Oxide, Brominated, Chlorinated, Phosphorous), Application (Epoxy, Polyolefins), and End-use Industry (Building & Construction, Electronics & Appliances, Wire & Cables, Automotive) - Global Forecast to 2021", published by MarketsandMarkets, The global market is projected to reach USD 12.81 Billion by 2021 at a CAGR of 6.4% between 2016 and 2021.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 143 market data Tables and 52 Figures spread through 172 Pages and in-depth TOC on "Flame Retardant Market"
http://www.marketsandmarkets.com/Market-Reports/flame-retardant-chemicals-market-686.html
Early buyers will receive 10% customization on this report.
Building & construction end-use industry to continue dominating the market
Building & construction, electronics & appliances, and wires & cables are the major end-use industries of flame retardants. Building & construction is the largest end-use industry for flame retardants. Increased regulations pertaining to fire safety in the developed economies, such as Japan, the U.S., Germany, Australia, and Singapore are estimated to drive the flame retardants market considerably in future. Regulatory guidelines, such as NFPA 80A, NFPA 703, NFPA 255, NFPA 251, and NFPA 220 defines fire safety standards in the U.S. Similarly in Europe, CFPA lays out the fire safety standards for building construction.
Aluminum Trihydrate to dominate the flame retardant market
Aluminum Trihydrate dominated the Flame Retardant Market, with Asia-Pacific as the largest market in 2015, and the trend is estimated to remain same during the forecast period. Low cost and environmental-friendly properties in comparison to other flame retardants are the major factors driving the demand for aluminum trihydrate. Brominated flame retardants account for the second largest share with healthy growth in Asia-Pacific owing to extensive use in the electrical & electronics industry. It grows moderately in the markets in Europe and North America owing to stringent environment regulations restricting the use of toxic chemicals.
Increasing demand from Asia-Pacific accelerates growth of the flame retardants market
Asia-Pacific is the leading market for flame retardants, followed by North America and Western Europe. Asia-Pacific is projected to register the highest growth owing to vast potential that can be realized in near future because of increasing safety concerns and growth of various end-use industries in the developing economies in the region.
The leading players in the market include Albemarle (U.S.), ICL (Israel), Clariant (Switzerland), Lanxess (Germany), Nabaltec (Germany), The Dow Chemical Company (U.S.), BASF (Germany), Akzo Nobel (Netherlands), Italmatch (Italy), and Huber Engineered Materials (U.S.).
For More Info Make Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=686
The report covers the flame retardants market and its trends in six major regions, namely, North America, Western Europe, Central & Eastern Europe, Asia-Pacific, South America, and the Middle East & Africa. The market is also analyzed on the basis of type, namely, aluminum trihydrate, antimony oxide, brominated, chlorinated, phosphorous, and others (zinc sulfide, zinc oxide, boron compounds, magnesium hydroxide, and nitrogen containing compounds). Flame retardants are added with various resins such as epoxy, unsaturated polyester, polyolefins, PVC, polyamide, PS, PU, PET & PBT, and ABS to manufacture products used in various end-use industries. In addition, building & construction, electronics & appliances, wires & cables, automotive & transportation, textiles, and other end-use industries are studied and included in this report.
Browse Related Reports:
Fire Resistant Fabric Market Type (Apparel & Non-Apparel) and Application (Industrial Protective Clothing, Defense & Public Safety Services, Transport - Railways, Aircraft, Automotive, Marine) - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/fire-resistant-fabric-market-185633312.html
Halogen Free Flame Retardants Market Type (Aluminum Hydroxide, Organo-Phosphorous Chemicals and Others), By Application (Polyolefins, Epoxy Resins, Unsaturated Polyesters (UPE), Poly-Vinyl Chloride (PVC), Rubber and Styrenics), By End-use Industry (Electrical & Electronics, Construction, Transportation, and Others) - Global Trends & Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/halogen-free-flame-retardants-market-32144405.html
About MarketsandMarkets:
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article