Global Flame Retardants Market Comprehensive Analysis and Forecast 2024 to 2030
Global Flame Retardants Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Global Flame Retardants Market is expected to grow at a CAGR of around 5.3% during the forecast period, i.e., 2024-30. The Global Flame Retardants Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Flame Retardants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Flame Retardants Market drivers, barriers, Global Flame Retardants Market Trends, and Key Players in Global Flame Retardants Market.
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Global Flame Retardants Market Dynamics: 2024-2030
Global Flame Retardants Market Driver:
Rise in Strict Regulations Regarding Fire & Human Safety - The primary aspect projected to drive the Global Flame Retardants Market during 2024-30 is the increasing rules & regulations regarding fire & human safety worldwide. Governments of various countries are actively focusing on preventing fire & explosion-related incidents in offices, industries, public places, etc., which, in turn, has led to the implementation of stringent rules for industries to use flame retardants in cables, wires, construction products, insulation materials, textiles, automotive components & interiors, and paints & coatings in order to reduce the chances of combustion, i.e., stimulating the overall market expansion.
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Global Flame Retardants Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
-Alumina Trihydrate
-Brominated Flame Retardants
-Antimony Trioxide
-Phosphorous Flame Retardants
-Others
By Application
-Unsaturated Polyester Resins
-Epoxy Resins
-PVC
-Rubber
-Polyolefins
-Styrenics
-Others
By End User Industry
-Building & Construction
-Automotive & Transportation
-Electronic & Electrical
-Others (Adhesives, Textiles, Aerospace, etc.)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Flame Retardants Market:
Lanxess AG, Albemarle Corporation, Clariant International Ltd., Chemtura Corporation, Israel Chemicals Limited (ICL), BASF SE, LG Chem, The Dow Chemical Company, Italamtch Chemicals, Nabaltech AG, Huber Engineered Materials, DuPont, Hongboali Group Co. Ltd., Huntsman International LLC, FRX Polymers, Inc., and Akzo Nobel.
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