North America Flame Retardant Thermoplastics Market Growth & Trends
The North America flame retardant thermoplastics market size is expected to reach USD 5.6 billion by 2030, registering a CAGR of 4.8%, during the forecast period, according to a new report by Grand View Research, Inc. Developments in the electrical & electronics and automotive & transportation industry is likely to drive the demand for thermoplastics in these application segments. Increasing use of environment-friendly and energy-saving products is also expected to influence the market, positively.
Building & construction industry in Canada is witnessing lucrative growth opportunities. Low cost involved in facility set up and availability of labor at low cost in comparison with that of the U.S. are the factors that are attracting the attention of manufacturers to set up their plants in Canada. In addition, investments by the government of Canada in infrastructure development are also anticipated to boost the growth of the construction industry in the country, thereby, creating a high demand during the forecast period.
Flame retardant thermoplastics are finding increased utilization in the building & construction industry for commercial & industrial applications. The construction industry in the U.S. is expected to observe growth owing to new import tariffs, changing trade deals, a strong economy, proliferation of mega projects, focus on smart cities, and increasing household construction. The electrical & electronics industry in the U.S. is growing on account of increasing demand for electronics equipment from the gaming industry, which is expected to drive the market.
North America Flame Retardant Thermoplastics Market Report Highlights
- The North America flame retardant thermoplastics market was valued at USD 3.7 billion in 2021 and is expected to expand at a CAGR of 4.8% from 2022 to 2030
- Acrylonitrile Butadiene Styrene product segment occupied the largest revenue share on account rising trend of its high strength, rigidity, and dimensional stability.
- ABS is a tough flame-retardant thermoplastic material and is resistant to physical impact, corrosive chemicals, and heat
- Rising demand for environment-friendly and energy-saving products & solutions is expected to drive this market
- The automotive & transportation application segment accounted for more than17.0% in North America in 2021 and is projected to expand at a CAGR of 4.6% during forecast period
- Stringent environmental rules & regulations and focus on indoor air quality is expected to drive the polystyrene based products
- Increasing investment from government & private institutions in the automotive & transportation and building & construction sector is projected to contribute to the demand for these flame-retardant thermoplastics
- Chapter 1. Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research scope and assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Gvr’s Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third-Party Perspective
- 1.3.5 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing
- 1.7 List of Abbreviations
- Chapter 2. Executive Summary
- 2.1 Market Snapshot
- 2.2 Segmental Outlook
- Chapter 3. North America Flame Retardant Thermoplastics Market Variables, Trends, & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Flame Retardant Thermoplastics Market
- 3.2 Penetration & Growth Prospects Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.4 Technology overview
- 3.4.1 Vapor-Phase Inhibition Mechanism
- 3.4.2 Solid-Phase Char-Formation Mechanism
- 3.4.3 Quench And Cool Mechanism
- 3.5 Regulatory Framework
- 3.5.1 Standards
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.1.1 Rising Awareness for Halogen-free flame-retardants
- 3.6.1.2 growth in Automotive Industry
- 3.6.1.3 Growing demand from electrical & electronics Industry
- 3.6.2 Market Restraint Analysis
- 3.6.2.1 Fluctuating raw material prices
- 3.6.2.2 Stringent government regulations in the region in line to the chemicals used
- 3.7 Business Environment Analysis:
- 3.7.1 Industry Analysis - Porter’s Five Forces Analysis
- 3.7.2 Industrial Plastics Market - Pestel Analysis
- Chapter 4. North America Flame Retardant Thermoplastics Market: Product Estimates & Analysis
- 4.1 North America flame retardant thermoplastics market: Product movement analysis
- 4.2 Acrylonitrile Butadiene Styrene (ABS)
- 4.2.1 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Acrylonitrile Butadiene Styrene (Abs), 2019 - 2030 (Tons) (USD Million)
- 4.2.2 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Application, 2019 - 2030 (Tons) (USD Million)
- 4.3 Polycarbonate (PC)
- 4.3.1 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Polycarbonate (Pc), 2019 - 2030 (Tons) (USD Million)
- 4.3.2 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Application, 2019 - 2030 (Tons) (USD Million)
- 4.4 Polypropylene (PP)
- 4.4.1 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Polypropylene (Pp), 2019 - 2030 (Tons) (USD Million)
- 4.4.2 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Application, 2019 - 2030 (Tons) (USD Million)
- 4.5 Polystyrene (PS)
- 4.5.1 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Polystyrene (Ps), 2019 - 2030 (Tons) (USD Million)
- 4.5.2 North America Flame Retardant Thermoplastics Market Estimates And Forecasts, By Application, 2019 - 2030 (Tons) (USD Million)
- Chapter 5. North America Flame Retardant Thermoplastics Market: Country Estimates & Analysis
- 5.1 North America flame retardant thermoplastics market: Region movement analysis
- 5.2 U.S.
- 5.2.1 U.S. Flame Retardant Thermoplastics Market estimates And Forecasts, 2019 - 2030 (Tons) (USD Million)
- 5.2.2 U.S. FLAME Retardant Thermoplastics Market estimates And Forecasts, By Acrylonitrile Butadiene Styrene, 2019 - 2030 (Tons) (USD Million)
- 5.2.3 U.S. Flame Retardant Thermoplastics Market estimates And Forecasts, By Polycarbonate, 2019 - 2030 (Tons) (USD Million)
- 5.2.4 U.S. Flame Retardant Thermoplastics Market estimates And Forecasts, By Polypropylene, 2019 - 2030 (Tons) (USD Million)
- 5.2.5 U.S. Flame Retardant Thermoplastics Market estimates And Forecasts, By Polystyrene, 2019 - 2030 (Tons) (USD Million)
- 5.3 Canada
- 5.3.1 Canada Flame Retardant Thermoplastics Market estimates And Forecasts, 2019 - 2030 (Tons) (USD Million)
- 5.3.2 Canada Flame Retardant Thermoplastics Market estimates And Forecasts, By Acrylonitrile Butadiene Styrene, 2019 - 2030 (Tons) (USD Million)
- 5.3.3 Canada Flame Retardant Thermoplastics Market estimates And Forecasts, By Polycarbonate, 2019 - 2030 (Tons) (USD Million)
- 5.3.4 Canada Flame Retardant Thermoplastics Market estimates And Forecasts, By Polypropylene, 2019 - 2030 (Tons) (USD Million)
- 5.3.5 Canada Flame Retardant Thermoplastics Market estimates And Forecasts, By Polystyrene, 2019 - 2030 (Tons) (USD Million)
- 5.4 Mexico
- 5.4.1 Mexico Flame Retardant Thermoplastics Market estimates And Forecasts, 2019 - 2030 (Tons) (USD Million)
- 5.4.2 Mexico Flame Retardant Thermoplastics Market estimates And Forecasts, By Acrylonitrile Butadiene Styrene, 2019 - 2030 (Tons) (USD Million)
- 5.4.3 Mexico Flame Retardant Thermoplastics Market estimates And Forecasts, By Polycarbonate, 2019 - 2030 (Tons) (USD Million)
- 5.4.4 Mexico Flame Retardant Thermoplastics Market estimates And Forecasts, By Polypropylene, 2019 - 2030 (Tons) (USD Million)
- 5.4.5 Mexico Flame Retardant Thermoplastics Market estimates And Forecasts, By Polystyrene, 2019 - 2030 (Tons) (USD Million)
- Chapter 6. Competitive Landscape
- 6.1 Key Global Players, Recent Developments, & Their Impact on Industry
- 6.2 Key Company/Competition Categorization
- 6.3 Vendor Landscape
- 6.3.1 List Of Key Distributors & Channel Partners
- 6.4 Public Companies
- 6.4.1 Company Market Position Analysis
- 6.4.2 Competitive Dashboard Analysis
- 6.5 List of Companies (for flame retardant thermoplastics)
- 6.5.1 Acrylonitrile Butadiene Styrene (Abs)
- 6.5.2 Polycarbonate (Pc)
- 6.5.3 Polypropylene (Pp)
- 6.5.4 Polystyrene (Ps)
- Chapter 7. Company Profiles
- 7.1 BASF SE
- 7.1.1 Company Overview
- 7.1.2 Financial Performance
- 7.1.3 Product Benchmarking
- 7.1.4 Strategic Initiatives
- 7.2 LANXESS
- 7.2.1 Company Overview
- 7.2.2 Financial Performance
- 7.2.3 Product Benchmarking
- 7.3 Dow Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Performance
- 7.3.3 Product Benchmarking
- 7.4 ICL
- 7.4.1 Company Overview
- 7.4.2 Financial Performance
- 7.4.3 Product Benchmarking
- 7.5 RTP Company
- 7.5.1 Company Overview
- 7.5.2 Product Benchmarking
- 7.5.3 Strategic Initiatives
- 7.6 Huber Engineered Materials
- 7.6.1 Company Overview
- 7.6.2 Product Benchmarking
- 7.7 Clariant AG
- 7.7.1 Company Overview
- 7.7.2 Financial Performance
- 7.7.3 Product Benchmarking
- 7.7.4 Strategic Initiatives
- 7.8 Plastics Color Corporation
- 7.8.1 Company Overview
- 7.8.2 Product Benchmarking
- 7.9 Albemarle Corporation
- 7.9.1 Company Overview
- 7.9.2 Financial Performance
- 7.9.3 Product Benchmarking
- 7.10 PolyOne Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Performance
- 7.10.3 Product Benchmarking
- 7.10.4 Strategic Initiatives
- 7.11 SABIC
- 7.11.1 Company Overview
- 7.11.2 Financial Performance
- 7.11.3 Product Benchmarking
- 7.11.4 Strategic Initiatives
- 7.12 Asahi Kasei Corporation
- 7.12.1 Company Overview
- 7.12.2 Financial Performance
- 7.12.3 Product Benchmarking
- 7.13 WASHINGTON PENN PLASTIC CO., INC.
- 7.13.1 Company Overview
- 7.13.2 Product Benchmarking
- 7.14 Koninklijke DSM N.V.
- 7.14.1 Company Overview
- 7.14.2 Financial Performance
- 7.14.3 Product Benchmarking
- 7.14.4 Strategic Initiatives
- 7.15 Teknor Apex
- 7.15.1 Company Overview
- 7.15.2 Product Benchmarking
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