A study by MarketsandMarkets predicts 8% annual growth of the global “halogen-free flame retardant market” from 3.4 billion US$ in 2015 to 5.4 billion US$ in 2021. E&E, already the largest market sector for PIN FRs in 2015, including casings, circuit boards and wires and cables, is expected grow strongly, whilst transport is expected to be the highest growth sector.
The market is expected to be driven by growth in consumer electronics, “rising demand for safer consumer electronics and stringent fire safety regulations for residential and commercial building materials” and stringent regulations regarding the use of safer chemicals. Aluminium hydroxide is expected to remain the biggest volume PIN FR.
“Halogen-Free Flame Retardant Market by Type (Aluminum Hydroxide, Organo-Phosphorus and Others), Application (Polyolefins, UPE, ETP, and Others), End-Use Industry (E&E, Construction, Transportation, and Others) & by Region – Global Forecasts to 2021” MarketsandMarkets April 2016 http://www.marketsandmarkets.com/Market-Reports/halogen-free-flame-retardants-market-32144405.html