Non-Halogenated Flame Retardants Market to Grow at a Robust Pace During 2022-2027
Stratview Research delivers key insights on the Non-Halogenated Flame Retardants Market. According to Stratview Research, the market is segmented by Product Type (Aluminum Hydroxide, Phosphorous-based Flame Retardants, and Others), by Application Type (Polyolefins, Epoxy Resins, Unsaturated Polyester, Polyvinyl Chloride, Engineering Thermoplastics, Rubber, Styrenics, and Others), by End-Use Type (Construction, Electrical, Transportation, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Market Insights
The report suggests that the overall Non-Halogenated Flame Retardants Market is likely to witness an impressive CAGR of 8.5% during the forecast period. Growing demand for polymers from the transportation industry and an increase in construction and infrastructure spending are the major factors expected to drive the growth of the market during the forecast period.
Market Segments' Analysis
By End-Use Type
Based on the end-use type, the market is segmented as construction, electrical, transportation, and others. The construction end-use segment is expected to hold the major share of the market during the forecast period on account of the growing demand for fire safety materials in the construction sector.
Non-Halogenated Flame Retardants Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. The growth of the region’s market is on account of the large-scale spending in China and India, the presence of manufacturing facilities and fire safety concerns in the region. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.
Key Players
The following are some of the key players in the non-halogenated flame retardants market:
- Albemarle Corporation
- BASF SE, Chemtura Corporation
- Clariant International Ltd.
- DSM
- DuPont
- Huber Engineered Materials
- Israel Chemicals Ltd.
- Italmatch Chemicals S.p.A.
- Nabaltec.
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Non-Halogenated Flame Retardants market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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