Posted on 15/04/2015 in News 32 2015
N-51-14 Fire safety market will continue to grow

Fire safety market will continue to grow

The ‘Future Market Insights’ industry analysis report 2014-2020 confirms that flame retardants markets will continue to grow, particularly in the Asia-Pacific region, driven by growth in the construction and automotive industries, and by regulations on fire standards. “Eco-friendly” flame retardants are expected to develop particularly in the Asia-Pacific region.

A separate report by MarketsandMarkets confirms this expected growth, anticipating a global flame retardant market of 10.3 billion US$ by 2019, again with growth driven by the construction, automotive and consumer goods sectors and particularly in the Asia-Pacific region.

FMI Future Markets Insights “Flame Retardant Chemicals Market – Global Industry Analysis and Opportunity Assessment 2014 – 2020” 
MarketsandMarkets “Flame Retardant Market by Type (Aluminum Trihydrate, Antimony Oxide, Brominated, Chlorinated, Organphosphorous) and End-User Industry (Building & Construction, Electronics, Wire & Cables, Automotive) – Global Trends & Forecast to 2019” 
Share This