The global flame retardants market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. An increase in fire safety regulations and the high demand for end-user industries such as transportation, construction, electrical & electronic industry are the key factors driving the global flame retardants market growth. Also, the massive sales of electronic products and growing safety concerns among the authorities are expected to accelerate the global flame retardants market growth in the forecast period.
Imposition of Strict Fire Safety Regulation Drives the Market Growth
The global demand for flame retardants was more than 2.45 million tons in 2021, and this number is expected to grow at a significant rate in the forecast period. Fire safety regulations are getting stricter around the globe, making the market players develop innovative flame retardants. High industry standards and stringent legal frameworks play a significant role in manufacturing flame retardants. North America and Europe have adopted strict security measures for health and the environment and have made it necessary to use flame retardant materials in their product. The government’s growing focus on safety and security is expected to fuel the global flame retardants market demand in the next five years.
High Sale of Electronic Appliances Supports the Market Growth
The growing disposable income of consumers and the high internet penetration is boosting the sales of electronic products. The advent of advanced technologies and ongoing research and development activities enable the market players to launch innovative electronic products. The majority of electronic products have flammable properties and are prone to fire risks due to electrical short circuits that could ignite and damage the product. Therefore, it is necessary to meet fire safety regulations while manufacturing electronic products. The flame retardants improve the resistivity of electrical products that insulate the electronic products’ internal and external parts. The major type of flame retardants in the electronics industry is chlorine, phosphorus, bromine, and nitrogen-based. The electronics industry is developing at a rapid rate, and the sales of electronic products are expected to boost the global retardant market growth over the next five years.
Advancements in Flame Retardant Technology Fuels the Market Growth
Stringent fire safety and regulations imposed by the government are boosting the demand for the development of innovative retardants. Market players invest in developing advanced fire retardants to enhance their fire-resisting properties. The introduction of advanced fire-retardant elements is expected to lower the quantity required to offer the same level of non-flammability. Also, market players are inducing qualities like UV stability, corrosive resistance, and excellent dispersion in flame retardant materials are expected to influence the demand for the global flame retardants market through the forecast period.
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Market Segmentation
The global flame retardants market is segmented into product, polymer, application, regional distribution, and competitive landscape. Based on product, the global flame retardants market is divided into non-halogenated, halogenated, and others. The non-halogenated segment is segmented into aluminium trihydroxide organophosphorus compounds, antimony oxides and the halogenated is segmented into brominated & chlorinated. Based on polymer, the global flame retardants market is divided into polyamide, polyesters, epoxy, polyolefin, vinyl ester, polyurethanes, and others. Based on application, the global flame retardants market is divided into construction, electrical & electronics, manufacturing, textile, automotive and others. To analyze the market based on the region, the global flame retardants market is studied in regions namely North America, Europe, Asia-pacific, South America, Middle East and Africa. In terms of country, United State is expected to witness huge demand as from the last 5 years there is gradual shift towards non-halogenated products against halogenated flame retardants which captured 80 percent of overall market share.
Market Players
Lanxess AG, The Dow Chemical Company, BASF SE, Clariant Corporation, Dover Chemical Corporation, Nabaltec AG, Akzo Nobel N.V., ICL Industrial Products, Broadview Technologies Inc., Asahi Kasei, Adeka Corporation, Budenheim, LyondellBasell, and DSM, are the market players operating in the global flame retardants market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type
· Polymer · Application |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, France, United Kingdom, Italy, Germany, Spain, China, India, Japan, South Korea, Taiwan, Thailand, Australia, Brazil, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Kuwait |
Key companies profiled | Lanxess AG, The Dow Chemical Company, BASF SE, Clariant Corporation, Dover Chemical Corporation, Nabaltec AG, Akzo Nobel N.V., ICL Industrial Products, Broadview Technologies Inc., Asahi Kasei, Adeka Corporation, Budenheim, LyondellBasell, and DSM |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global flame retardants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Flame Retardants Market, By Type:
- Non-Halogenated
- Aluminium Trihydroxide Organophosphorus Compounds
- Antimony Oxides
- Halogenated
- Brominated & Chlorinated
- Others
- Non-Halogenated
- Flame Retardants Market, By Polymer:
- Polyamide
- Polyesters
- Epoxy
- Polyolefin
- Vinyl Ester
- Polyurethanes
- Others
- Flame Retardants Market, By Application:
- Construction
- Electrical & Electronics
- Manufacturing
- Textile
- Automotive
- Others
- Flame Retardants Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- Kuwait
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global flame retardants market.
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Table of Content
- Product Overview
- Research Methodology
- Impact of COVID-19 on Global Flame Retardants Market
- Voice of Customer
- Executive Summary
- Global Flame Retardants Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Non-Halogenated (Aluminium Trihydroxide Organophosphorus Compounds, Antimony oxides) Halogenated (Brominated & Chlorinated), Others)
6.2.2. By Polymer (Polyamide, Polyesters, Epoxy, Polyolefin, Vinyl Ester, Polyurethanes others)
6.2.3. By Application (Construction, Electrical & Electronics, Manufacturing, Textile, Automotive and Others)
6.2.4. By Region
6.2.5. By Company (2021)
6.3. Product Market Map
- North America Flame Retardants Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (Aluminium Trihydroxide , Halogenated (Brominated & Chlorinated), Organophosphorus Compounds, Antimony oxides, , Others)
7.2.2. By Polymer
7.2.3. By Application
7.2.4. By Company (2021)
7.2.5. By Country
7.3. North America: Country Analysis
7.3.1. United States Flame Retardants Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Application
7.3.2. Mexico Flame Retardants Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Application
7.3.3. Canada Flame Retardants Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Application
- Europe Flame Retardants Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type (Aluminum Trihydroxide , Halogenated (Brominated & Chlorinated), Organophosphorus Compounds, Antimony oxides, , Others)
8.2.2. By Application
8.2.3. By Polymer
8.2.4. By Company (2021)
8.2.5. By Country
8.3. Europe: Country Analysis
8.3.1. France Flame Retardants Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Application
8.3.2. United Kingdom Flame Retardants Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Application
8.3.3. Italy Flame Retardants Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Application
8.3.4. Germany Flame Retardants Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Application
8.3.5. Spain Flame Retardants Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Application
- Asia-Pacific Flame Retardants Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type (Aluminum Trihydroxide , Halogenated (Brominated & Chlorinated), Organophosphorus Compounds, Antimony oxides, , Others)
9.2.2. By Application
9.2.3. By Polymer
9.2.4. By Company (2021)
9.2.5. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Flame Retardants Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Application
9.3.2. India Flame Retardants Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Application
9.3.3. Japan Flame Retardants Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Application
9.3.4. South Korea Flame Retardants Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value & Volume
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Type
9.3.4.2.2. By Application
9.3.5. Taiwan Flame Retardants Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value & Volume
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Type
9.3.5.2.2. By Application
9.3.6. Thailand Flame Retardants Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value & Volume
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Type
9.3.6.2.2. By Application
9.3.7. Australia Flame Retardants Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value & Volume
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Type
9.3.7.2.2. By Application
- South America Flame Retardants Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type (Aluminium Trihydroxide , Halogenated (Brominated & Chlorinated), Organophosphorus Compounds, Antimony oxides, , Others)
10.2.2. By Application
10.2.3. By Polymer
10.2.4. By Company (2021)
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Flame Retardants Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Application
10.3.2. Argentina Flame Retardants Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Application
10.3.3. Colombia Flame Retardants Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Application
- Middle East and Africa Flame Retardants Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type (Aluminium Trihydroxide , Halogenated (Brominated & Chlorinated), Organophosphorus Compounds, Antimony oxides, , Others)
11.2.2. By Application
11.2.3. By Company (2021)
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Flame Retardants Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value & Volume
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type
11.3.1.2.2. By Application
11.3.2. UAE Flame Retardants Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value & Volume
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type
11.3.2.2.2. By Application
11.3.3. Saudi Arabia Flame Retardants Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value & Volume
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type
11.3.3.2.2. By Application
11.3.4. Kuwait Flame Retardants Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value & Volume
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Type
11.3.4.2.2. By Application
- Market Dynamics
12.1. Drivers
12.2. Challenges
- Market Trends & Developments
- Pricing Analysis (By Type and By Region)
- Margin Analysis
- Competitive Landscape
16.1. Competition Outlook
16.2. Company Profiles
16.2.1. Lanxess AG
16.2.2. The Dow Chemical Company
16.2.3. BASF SE
16.2.4. Clariant Corporation
16.2.5. Dover Chemical Corporation
16.2.6. Nabaltec AG
16.2.7. Akzo Nobel N.V.
16.2.8. ICL Industrial Products
16.2.9. Broadview Technologies Inc.
16.2.10. Asahi Kasei
16.2.11. Adeka Corporation
16.2.12. Budenheim
16.2.13. LyondellBasell
16.2.14. DSM
17. Strategic Recommendations