Tetrabromobisphenol A Market, by Product Type (Industrial Grade and Industrial Grade), by Application (Flame Retardant, Plastic Additives, and Others (plasticizer, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East

Tetrabromobisphenol A Market, by Product Type (Industrial Grade and Industrial Grade), by Application (Flame Retardant, Plastic Additives, and Others (plasticizer, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Tetrabromobisphenol A (TBBPA) is a brominated flame retardant used in 90% of epoxy-coated circuit boards. Tetrabromobisphenol A is used as an intermediate in epoxy resins as a reactive brominated flame retardant. This epoxy resins is used for the manufacturing of printed circuit boards. Moreover, epoxy resins containing TBBPA are used to encapsulate certain electronic components such as refrigerators, business machines and telephones.
Market Dynamics
Growth of medical devices market is expected to drive demand for printed circuit boards, which in turn is expected to drive demand for TBBPA. For instance, according to MedTech Europe (the European trade association representing the medical technology industries), the European medical devices market was valued at US$ 171.9 billion in 2020. The European medical devices market grew by 8.5% in 2020 from the previous year. The biggest medical device markets in Europe include Germany, France, the U.K., Italy, and Spain.
TBBPA is used as a plastic additive and used in manufacturing of engineering plastics. TBBPA is generally used with antimony oxide for optimum performance as an additive fire retardant in engineering plastics such as ABS (Acrylonitrile butadiene styrene) and HIPS (High Impact Polystyrene). Moreover, derivatives of TBBPA are used as an additive in other engineering thermoplastics such as polybutylene terephthalate (PBT) and polyethylene terephthalate (PET). These plastics are used in electrical and electronics industry for manufacturing casings, switches, connectors, and other plastic parts. Engineering plastic is used across the electronic industry due to its high resistance to various environmental factors such as chemicals, high temperature, and abrasion. This makes it an ideal material for manufacturing of consumer electronic goods.
Stringent regulations on the use of brominated flame retardants are expected to drive demand for non-halogenated flame retardants, which is expected to hamper the market growth. For instance, in January 2020, the California state government banned the sales and distribution of new upholstered furniture, replacement components of reupholstered furniture, foam in mattresses, and certain children’s products made for residential use if these products contain more than 0.1% of certain flame retardants, including TBBPA.
Key features of the study:
This report provides an in-depth analysis of the global tetrabromobisphenol A (TBBPA) Market, its market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new material type launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global tetrabromobisphenol A (TBBPA) Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global tetrabromobisphenol A (TBBPA) Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tetrabromobisphenol A (TBBPA) Market
Detailed Segmentation:
Global Tetrabromobisphenol A (TBBPA) Market, By Product Type:
Industrial Grade
Experimental Grade
Global Tetrabromobisphenol A (TBBPA) Market, By Application:
Flame Retardant
Plastic Additives
Others (plasticizer, etc.)
Global Tetrabromobisphenol A (TBBPA) Market, By Region:
North America
By Country:
U.S.
Canada
Europe
By Country:
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Country:
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Country/Region:
Middle East
Africa
Company Profiles
Albemarle Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Greenchemicals S.r.l.
ICL
Jordan Bromine Company
Kingboard Holdings Limited
LANXESS
Novel Chem
Shandong Brother Sci. & Tech. Co., Ltd.
Shandong Futong Chemical Co., Ltd.
Tianjin Changlu Hangu Saltern Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section.