Global Flame Retardant Market Growth 2023-2029
Flame retardant refers to an important additive that can improve the flame retardancy of flammable or combustibles, prevent materials from being ignited and inhibit the spread of flames. It is used to solve the problem that polymer materials are prone to cause fires and ensure the safety of synthetic materials. Plays an important role.
LPI (LP Information)' newest research report, the “Flame Retardant Industry Forecast” looks at past sales and reviews total world Flame Retardant sales in 2022, providing a comprehensive analysis by region and market sector of projected Flame Retardant sales for 2023 through 2029. With Flame Retardant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flame Retardant industry.
This Insight Report provides a comprehensive analysis of the global Flame Retardant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flame Retardant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flame Retardant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flame Retardant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flame Retardant.
The global Flame Retardant market size is projected to grow from US$ 2142.4 million in 2022 to US$ 3291.7 million in 2029; it is expected to grow at a CAGR of 3291.7 from 2023 to 2029.
Global Flame Retardant key players include Wansheng, Icl-Group, Lanxess, DAIHACHI CHEMICAL, Yoke Technology, etc. Global top five manufacturers hold a share over 25%.
Asia Pacific is the largest market in global Flame Retardant market, with a share over 35%, followed by Europe and North America, both have a share about 45 percent.
In terms of product, Organic Halogen Flame Retardant is the largest segment, with a share over 45%. And in terms of application, Wire and Cable and Electronic and Electrical are likely to offer good prospects, have a share about 25% and 25% respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Flame Retardant market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Organic Halogen Flame Retardant
Organic Phosphorus Flame Retardant
Inorganic Flame Retardant
Segmentation by application
Wire and Cable
Electronic and Electrical
Automobile
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lanxess
Albemarle
Icl-Group
BASF
Clariant
Adeka
DAIHACHI CHEMICAL
Teijin
NIHON SEIKO
Stahl
THOR
AK Chemtech
Wansheng
Yoke Technology
Haiwang Chemical
ENTER CHEMICAL
Weidong Chemical
Laiyu Chemical
Moris Tech
TAIXING ADVANCED MATERIAL
Tianyi Chemical
Brother Sci.&Tech
Taizhou New Material
SULI
JLS Flame Retardants Chemical
Shunchang Chemical
Faretar
Phosphor Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flame Retardant market?
What factors are driving Flame Retardant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flame Retardant market opportunities vary by end market size?
How does Flame Retardant break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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