Global flame retardant markets are expected to continue to grow over coming years according to several recent studies, with particular development in several specialised PIN flame retardant sectors. Low smoke non-halogen polypropylene is expected to show strong growth, nearly doubling in tonnage 2013 – 2020.
According to Persistence Market Research, this grow is driven by construction and electrical and electronics (E&E). Another study looks at development of the PIN FR PBT (polybutylene terephthalate) global market and in China. A Statistics MRC study of world flame retardant markets predicts a doubling in sales values from 6 to 14 billion US$ 2014-2022 (11% annual growth rate CAGR), driven by current and new applications, technology developments and emerging economies, particularly in automobile and construction applications.
Persistence Market Research “global low smoke halogen free flame retardant polypropylene (PP) market”
“Global And China Halogen Free Flame Retardant PBT Industry 2014 Market Research Report”
Statistics MRC “Global Flame Retardant Chemicals Market Outlook (2014-2022)”