DUBLIN--(BUSINESS WIRE)--The "Global Non-Halogenated Flame Retardant Chemicals Market - Segmented by Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global non-halogenated flame retardant chemicals market is expected to register a moderate CAGR during the forecast period (2018-2023).
Growing infrastructure activities in APAC countries is driving the market. Owing to emergent business opportunities in countries, such as India, China, Malaysia, and Indonesia. Asia-Pacific is gradually becoming a new business hub. The demand for high-rise buildings and business infrastructure is increasing in this region. The rise in tourism is expected to increase, which will augment the demand for non-halogenated flame retardant chemicals.
The phosphorus segment dominated the global market with a share of 47.01%, this segment is also expected to witness the highest CAGR of 8.16%. Red phosphorus is an effective flame retardant used in the form of polyamides, polycarbonates and polyesters owing to its thermal stability and non-toxic nature. With growing concerns over harmful nature of halogen-based flame retardants, much research is now focused toward halogen-free flame retardants, which has led to the development of various aromatic phosphates.
North America is expected to be the largest markets, followed by Europe and Asia-Pacific. The boom in the real estate industry in the current scenario is driving the industry. The construction industry in United States is also recovering at a good rate. Investments have been majorly in residential/non-residential buildings and public infrastructure. The electronics industry in the United States is declining, however, the electronic hardware market is experiencing good growth. This is expected to add to the demand for non-halogenated flame retardant chemicals market.
- Apexical Inc.
- BASF SE
- Chemtura Corporation
- Clariant AG
- Daihachi Chemical Industry Co. Ltd.
- Dic Corporation
- DSM N.V
- Huber Engineered Materials
- ICL Group
- Italmatch Chemicals S.P.A.
- Jiangsu Yoke Technology Co. Ltd
- MPI Chemie B.V
- Nabaltec AG
- Nippon Carbide Industries Co. Inc.
- Nyacol Nano Technologies Inc.
- Rin Kagaku Kogyo Co. Ltd.
- RTP Company S.A.
- Shandong Brother Sci. & Tech. Co. Ltd
- Sumitomo Corporation
- Thor Company
- TOR Minerals International Inc.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
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