The global market for flame retardants is expected grow at 5 to 11% per year over the next 5-7 years, according to two different market reports. Ceskaa predicts growth of 5.2% to 2020 due to stricter fire safety regulations, led by the Asia-Pacific region and by increasing demand for non-halogenated FRs.
Big Market Research predicts growth of 11 % per year to 2022, driven by new and emerging applications and technologies and by the construction and automobile markets. Transparency Market Research estimates that to 2020 the market for specialist flame resistant fabrics is expected to grow 6.7%/year, driven by regulations in industries such as chemicals and oil and gas production, and by the expansion of the oil and gas sector worldwide. Future Market Insights estimates growth in the PIN FR melamine phosphate of 5 – 8% per year to 2025, with a wide range of applications including rubber, plastics, paints, epoxy, wood and paper. HexaReports estimates that the global market for “low smoke halogen free flame retardant” polypropylene will grow at 7.8% per year to 2020, driven by construction, automobile and E&E industries, with key challenges being to improve the loading levels and process ability of PIN flame retardants.
“Global market for flame retardants 2015-2020”, CHEM-15-01 www.ceskaa.com
“Global Flame Retardant Chemicals Market Outlook (2014-2022)” www.bigmarketresearch.com/
“Melamine Pyrophosphate Market: Global Industry Analysis and Opportunity Assessment 2015-2025” www.futuremarketinsights.com/
“Flame Resistant Fabrics Market for Industrial Protective Clothing, Law Enforcement and Firefighting Services, Transport and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” www.transparencymarketresearch.com/
“Low Smoke Halogen Free Flame Retardant Polypropylene (PP) Market Analysis By Application (Construction, Automotive, Electrical & Electronics, Industrial), And Segment Forecasts To 2020” http://www.hexareports.com