Posted on 29/11/2018 in 2018
PIN flame retardant market growth

A study by Researchandmarkets estimates that global demand for non-halogenated flame retardants will grow by 6.2% per year (CAGR) from 2018 to 2023, with growth particularly strong in consumer electronics production. In this E&E sector, growth is particularly expected in the Asia-Pacific region, with phosphorus-based PIN FRs the leading fire safety solution. The construction sector will also show growing demand for PIN FRs. A second study by Marketresearchfuture estimates the global growth for non-halogenated flame retardants for the same period (2018-2013) at 5.8% CAGR. This study indicates as US$ 2 190 billion the PIN flame retardant market in 2017. Drivers for growth of PIN FRs are indicated in this study as regulatory constraints on halogenated FRs and ecological sustainability of PINs, and growth for PIN FRs in the building and construction sector.

“Global Non-Halogenated Flame Retardants Market – Segmented by Type, Industry Application, and Geography – Growth, Trends and Forecasts (2018 – 2023)”, Research and Markets, Feb. 2018

“Halogen-free flame retardants market trend 2018, global share, world key manufacturers, industry major regions, growth opportunities and forecast to 2023”, Market-Research-Future, August 2018

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