The global market of the flame retardant chemicals is expected to grow at a CAGR of 7.3% during 2015-2021.
Flame retardants are the chemicals that can be mixed with the base materials as additive flame retardants or can also be chemically bonded to it as reactive flame retardants. These chemicals are usually used to suppress, delay or inhibit the production of flames so that spread of fire can be prevented. These flame retardant chemicals are used in the manufacture of number of products across a number of industries such as building and construction, automotive and transportation industry, wires and cables and last but not the least textile industry.
The major factors driving the market are the increasing regulations for safety in case of fire borne hazards, extensive use of flame retardant chemicals in various sectors such as furnishing, transportation, and electronic equipments. Continuous research and development is done in the field. As a result of which development of better quality of chemicals such as non-halogenated flame retardants are produced, and their market size is also increasing. Although, there are many factors which are driving the market but there are certain factors which act as a restraint for the market such as health concerns and stringent environmental regulations. Also, the increasing cost of the chemicals used in the production is increasing which is acting as a hurdle for the market.
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Global flame retardant chemicals market can be segmented based on a number of factors such as on the basis of its type it can be divided in categories such as Aluminum trihydrate, Brominated, Antimony Oxide, and Organo phosphorous. On the basis of end user it can be divided as those used in building & construction industry, electronics industry, automotive and transportation industry, textiles industry etc. The geographic analysis done by us explains that Asia-pacific region has the largest share followed by North America. The major market leaders of the field are Basf Se, Chemtex speciality limited, Signum etc.
Companies profiled includes
1. Acoustical Surfaces
2. Acuro organics ltd.
3. Akzo Nobel N.V
4. Albemarle Corporation
5. Alfa India
6. Basf Se
7. Bayer Materialscience Lanxess
8. Broadview technologies
9. Chemtex speciality limited
10. Chemtura Corporation
11. Chicago tribunes
12. Clariant Ag
13. E.I. Du Pont De Nemours And Company
14. Eco Star
16. ic Corporation
18. Israel Chemicals Ltd (ICL)
19. Jiangsu ENTC Nuclear Technology joint stock Co. Ltd.
20. JJI Technologies Painsville, OH
21. Lanxess ic Corporation
22. Mags Novel
23. Nantong luolai chemical fibre co. ltd.
24. Niknam chemicals pvt. Ltd.
25. Pyrotech Addison
26. Rheinchemie Additives
29. TCI Chemicals pvt. Ltd.
30. Turning Star, Inc. Leonia NJ
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This Occams Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR up to 2021
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
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