Non-Toxic Halogen Free Flame Retardants to Witness High Sales
The Type-Based Segments of the Global Flame Retardants Market are halogenated Flame Retardants and non-halogenated retardants. The non-halogenated segment can hold over 60% of the worldwide market by 2025. The segment can thrive at 7% CAGR in the analysis period due to increase in preference for people towards non-toxic halogen free Flame Retardants. In addition, the enforcement of stringent regulations on different conventional Flame Retardants can also boost the segment.
The Resin-Based Segments of the Global Flame Retardants Market are polypropylene, polyethylene, epoxy, polyvinyl chloride, unsaturated polyesters, styrenics, rubber, and engineered thermoplastics among others. The polyethylene segments can secure the highest share in the worldwide market. The segment can thrive owing to the versatile physical properties of polyethylene, such as high strength, toughness, and rigidity. Moreover, the surge in demand for
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ALBANY, N.Y., Feb. 2, 2021 /PRNewswire/ Flame retardant masterbatches are particularly useful for formulating thermoplastics to make them safe from ignition, combustion, or burning. A number of additives are incorporated by manufacturers to expand the array of products that meet the flammability norms for end-use industries in the flame retardant masterbatches market. These additives are integrated with the base resin to make plastics with low risk of catching fire on one hand and allow the resin to retain its integrity on the other.
The myriad applications where plastics find use are key to expanding sales in the flame retardant masterbatches market. Some of the popular plastics containing flame retardant masterbatches are found in roofing and ceiling of commercial buildings, construction and automotive fabrics, wiring and cabling in vehicles especially in mass-transit ones, and components in trains and planes.
8% from
2019 to
2027. The global non-halogenated flame retardants market for polymer is driven by growth in the building & construction industry. In terms of value, the market in North America is expected to expand at a CAGR of
~8% during the forecast period. In North America, American Chemistry Council’s North American Flame Retardant Alliance (NAFRA) is an organization that supports producers, suppliers, and companies.
Key Drivers of Non-halogenated Flame Retardants Market for Polymers
Halogenated retardants are considered toxic. Owing to such reasons, several end-use industries are now shifting to the use of non-halogenated flame retardants. Flame retardants are popularly used as additives in polymers in order to increase the fire resistance during fire accidents or in case of ignition. The drive by fire safety regulations regarding risk of fire hazards in various end-use industries, including construction and electrical are also considered as one of another key gr
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Non-halogenated flame retardants market is expected to expand at rapid pace during 2019-2027. It is estimated to touch the valuation of ~US$ 4 Bn by the end of assessment period
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On regional front, North America non-halogenated flame retardants market is likely to maintain its dominant position throughout tenure of 2019 to 2027
ALBANY, N.Y., Jan. 20, 2021 /PRNewswire/ Non-halogenated flame retardants refer to additives widely utilized in polymers to improve fire resistance in case of ignition and decelerate the fire spread. While non-halogenated flame retardants cannot make a polymer non-explosive, they assist in fire resistance and generation of heat in less amount.