The global market
for non-halogenated flame retardants is expected
to reach USD 2.54 billion by 2020, according to a new study by Grand View
Research, Inc. Concern for human health and environment has led to many
countries banning halogen based flame retardants. These regulations and
legislations are key factors positively affecting the demand for halogen free
retardants. Polymers are being increasingly used in many end use industries
such as automotive, electrical, construction, etc. Increased use of polymers
has given a significant rise to risk of fire accidents. Extensive use of
non-halogenated flame retardants for countering these instances will lead to
its increased demand and eventual market growth. The estimated CAGR for market
revenue is 8.2%. However, issues with processing of these materials are
expected to be a challenge for market participants.
Full Research Report On non-halogenated flame
retardants Analysis:
http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants
http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants
Further key findings from the study suggest:
·
The global market for non-halogenated flame
retardants is expected to reach 2013.9 kilo tons, growing at an estimated CAGR
of 7.3% from 2014 to 2020 in terms of volume.
·
Phosphorous based retardants are expected
to generate over 50% of the overall market revenue, growing at an estimated
CAGR of 8.3% till 2020. It is also estimated to be the fastest growing segment
in revenue terms.
·
Construction is leading non-halogenated
flame retardants end use segment in terms of revenue, however its estimated
CAGR of 7.9% is the lowest.
·
North America was a dominant consumer of
non-halogenated flame retardants in 2013 with over 40% volume share and is
expected to continue this trend with a CAGR of 7%, below the consolidated
industry CAGR of 7.3%.
·
Market structure is fragmented with a
number of players accounting for more than 60% of the market share.
View More Reports
Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the non-halogenated flame retardants
market on the basis of product, application, end use and region:
Global
Non-Halogenated Flame Retardants Product Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2012 - 2020)
·
Aluminum hydroxide
·
Phosphorous Based
·
Others (nitrogen, magnesium hydroxide,
etc.)
Global
Non-Halogenated Flame Retardants Application Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2020)
·
Polylefins
·
Epoxy resins
·
UPE
·
PVC
·
ETP
·
Rubber
·
Styrenics
·
Others Applications
Global
Non-Halogenated Flame Retardants End Use industry Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2020)
·
Electrical
·
Construction
·
Transportation
·
Others (furniture, textiles, etc.)
Non-Halogenated
Flame Retardants Regional Outlook (Volume, Kilo tons; Revenue, USD Million,
2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
RoW
View
Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-non-halogenated-flame
About
Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com