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2020-09-01
720
Global
Flame retardants are the chemicals used in the ignitable products in order to make them resistant to flames and to reduce the combustion time and slow down the spread of fire to other materials. The developing environment with increasing manufacturing, construction, and transportation industry tends to highly impact the demand for flame retardant products. China and India are one of the top countries that are engaged in the development of such industries. The construction industry and automobile industry accounted for the highest demand for flame retardant products. Globally consumption of flame retardants was recorded at 2.49 million tons in 2016 and is expected to exceed 4.0 million tons by the end of the forecast period. Furthermore, flame retardants prices are highly impacted by the supply of raw materials. In 2015, the Ministry of Land and Resources of the People’s Republic of China had canceled the extraction quota for antimony that led to rise in prices of flame retardants in China since 2015.
Further, the trend of using bio-based flame retardant chemicals due to rising environmental and health concerns like endocrine and thyroid disruption, reproductive toxicity, cancer, impacts to the immune system, and adverse effects on fetal and child development which is expected to decline the market revenue, like brominated flame retardants. China has been witnessed to shift away from harmful chemicals and is opting for phosphorus and alumina trihydrate. Flame retardant demand was highest in Asia-Pacific region followed especially China, Japan, India, Taiwan and South Korea, followed by the U.S.A. and Western Europe.
By Product
By End-Users
By Geography
The report covers the present ground scenario and the future growth prospects of the flame retardant industry for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Flame Retardant Industry Outlook 2017-2030, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global flame retardant industry space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Flame Retardant Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Flame Retardants Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our global flame retardant industry report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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