Posted on 11/05/2020 in Electric & Electronic Building & Construction Transport Furniture & Textiles 2020
Growth for PIN FRs in plastics and wood

Several new market studies, prepared before the COVID crisis, anticipate continuing growth for PIN flame retardants, FR plastics, fire protection materials, fire proofing coatings for wood.
ResearchAndMarkets estimate global FR market growth of 5.2% per year to 2025, with environmental concerns pushing a continuing move towards non-halogenated FRs. Growth will be particularly driven by the demand for fire safety in electrical and electronics (E&E), building and construction and automobile. This is reduced from ResearchAndMarkets previous estimate of 6.2% growth from 2019 to 2023 (pinfa Newsletter n°96).
ResearchAndMarkets similarly forecast growth in the global FR plastics market, at 4% from 2019 to 2024, to reach US$ 55 billion. Polyurethane is expected to remain the largest FR polymer market, with use of PU foam in construction and transport. FR polyolefins are expected to show the highest growth, driven by halogen-free low-smoke (HFLS) wire and cable.
Lucintel estimate the E&E flame retardant resin market to grow by 4.6% to US$ 2.2 billion by 2025, covering epoxies, phenolic, polyesters and others in enclosures, circuit boards, electrical components etc. Growth is expected to be driven by increasing demand for FR laminates and by fire regulations.
TransparencyMarketResearch estimate that the global market for non-halogenated FRs for all polymers will grow at 8% from 2019 to 2027, from US$ 2 billion in 2018. Drivers are identified as end-user demand to move away from halogenated FRs, increasing polymer use and fire safety regulations. Polyolefins are estimated to represent 26% of the non-halogenated FR market for polymers and are expected to grow.
Digitsnmarkets estimate that the non-halogenated FR market will grow at 4.4% from 2018 to 2025 (from 4.33 billion US$ 2018), driven particularly by E&E and automotive, pushed by tightening fire safety regulations. ATH (aluminium tri hydroxide) is expected to continue to hold the biggest market share, because of low toxicity, cost-effectiveness and action as a smoke suppressant.
MarketsandMarkets estimate the fire protection materials market at US$ 2.7 billion in 2019, with expected growth of 8.5% to 2024. This covers coatings, mortar, sealants, sheets/boards, sprays, etc. Drivers indicated are growth of construction, especially of commercial buildings, and increasing emphasis on passive fire protection.
Mordor Intelligence predict that the global market for fire coatings for wood will grow a 5.1% from 2019 to 2024. Demand will be driven mainly by wood use in construction, in particular in China where fire safety regulations are put into place, but also by wood in furniture. Development of UV-cured fire coatings will bring opportunities.
MarketStudyReport estimate that the world market for fire treated wood will grow at 3.1% from 2019 to 2024, to reach US$ 1.3 billion in 2024. This covers both FR treated plywood and timber, with FR treatment usually consisting of pressure impregnation of organic or inorganic salts.

ResarchAndMarkets: Flame Retardant Market Forecasts, Worldwide, 2019 to 2025 – Growing Demand of Fire Retardant Chemicals in Automotive and Building & Construction—growing-demand-of-fire-retardant-chemicals-in-automotive-and-building–construction-300984925.html
ResearchAndMarkets: Flame Retardant Plastics Market Report: Trends, Forecast and Competitive Analysis
Lucintel: Flame Retardant Resin in E&E Composites Market Report: Trends, Forecast and Competitive Analysis
TransparencyMarket Research: Non-halogenated Flame Retardants Market for Polymers to Reach a Valuation of ~US$ 4 Bn by 2027
Digitsnmarkets: Global Halogen Free Flame Retardant Market Industry Trends, Estimation & Forecast, 2018 – 2025 ,
MarketsandMarkets: Fire Protection Materials Market Worth $4.0 Billion by 2024
Mordor Intelligence: Fireproofing Coatings for Wood Market – Growth, Trends, and Forecast (2019 – 2024)
Market Study Report LLC: Fire Retardant Treated Wood Market Report 2019 Global Industry Growth, Key Manufacturers, Opportunities and Forecast to 2024

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