Non halogenated FR market to grow faster
A market report by Technavio (2017-2021) predicts an 8.25% annual growth for non halogenated flame retardant use worldwide (CAGR), to reach over 2.2 million tonnes by 2021.
This is significantly higher than the growth predicted by Technavio for total world FR use (2016-2020), see pinfa Newsletter n° 79. Major sectors for non halogenated FRs identified by the latest report include construction, E&E, textile, transport and wires & cables, with a key driver as increasing demand for phosphorus based PIN flame retardants, considered to be “non-toxic and eco-friendly”, with aluminium, magnesium, melamine and boron also cited and regulations such as REACH, the Restriction of Hazardous Substances (RoHS), WEEE, and NAFRA.
Technavio “Global halogen-free flame retardant chemicals market 2017-2021” https://www.technavio.com/report/global-specialty-chemicals-global-halogen-free-flame-retardant-chemicals-market-2017-2021 and Technavio “Global flame retardants chemicals market 2016-2020” http://www.technavio.com/report/global-specialty-chemicals-global-flame-retardants-chemicals-market-2016-2020 See also Global Non-Halogenated Flame Retardant Chemicals Sales Market Report 2017 https://www.marketresearchnest.com/global-non-halogenated-flame-retardant-chemicals-sales-market-report-2017.html