A report by GrandView Research suggests that the world flame retardant market will nearly double from 6.3 billion US$ in 2015 to around 12 billion US$ by 2025. Increasingly, FRs will be needed to fulfil fire safety regulations in construction, electrical and electronics and transportation.
PIN FRs are expected to dominate the market as regulations phase out other products. Similar estimates are given by Zion Research, which estimates that the global FR market will increase at 10% per year from 2014 to 2020, reaching US$ 10 billion in 2020. Zion consider that growth will be driven by technological progress in fire safety solutions and by increasingly demanding fire safety regulation in construction and in automobiles, combined with an increasing use of plastics which are flammable and therefore need fire safety protection. Zion predict “toxicity issues related to halogenated flame retardants” to push towards higher value PIN solutions. Global Market Insights publish an estimate of the PIN flame retardant market at US$ 3.45 billion by 2014, identifying as principal drivers environmental pressures to move to PIN FRs and increasing use of polymers in construction and automobiles. Technavio predict a 6% growth in the world FR market 2016-2020, with strong demand for PIN flame retardants particularly driven by emerging industries, enhanced safety requirements and regulatory requirements for less toxic chemicals.
“Flame Retardant Market Analysis By Product (Halogenated (Brominated, Antimony Trioxide), Non Halogenated (Aluminum Hydroxide, Magnesium Dihydroxide, Phosphorous)), By Application, By End-Use And Segment Forecasts, 2014 – 2025”, GrandView Research November 2016 http://www.researchandmarkets.com/research/kc636v/flame_retardant “Global Non-halogen Flame Retardant Market Research Report 2017”, QY Research http://www.qyresearchreports.com/report/global-non-halogen-flame-retardant-market-research-report-2017.htm “Non-Halogenated Flame Retardants (Aluminum Hydroxide, Phosphorus and Others) Market for Polymers (Polyolefin, Epoxy Resin, PVC, ETP, UPE, Rubber, Styrenics and Others) – Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018”, Transparency Market Research, July 2013 http://www.transparencymarketresearch.com/non-halogenated-flame-retardants.html ““Flame Retardant Chemicals (Aluminum Trihydrate (ATH), Antimony Oxides, Bromine, Chlorine, Organophosphorus and Others) Market for Building & Construction, Electronics, Automotive & Transportation, Wires & Cables, Textiles, and Other End-users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”, Zion Research, Dec. 2015 http://www.marketresearchstore.com/report/flame-retardant-chemicals-market-antimony-z38851 “Non Halogenated Flame Retardants Market Analysis By Product (Aluminum Hydroxide, Phosphorous Based), By Application (Polyolefins, Epoxy Resin, UPE, PVC, ETP, Rubber, Styrenics), By End Use Industry (Construction, Electrical, Transportation), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Australia, South Korea, Indonesia, Malaysia, Thailand, Brazil, Saudi Arabia, UAE), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024” Global Market Insights, August 2016 https://www.gminsights.com/industry-analysis/non-halogenated-flame-retardants-market-report “Global flame retardants chemicals market 2014-2020”, Technavio, November 2016 http://www.technavio.com/report/global-specialty-chemicals-global-flame-retardants-chemicals-market-2016-2020 “Global Halogen Free Flame Retardant Industry Market Research 2016”, HJResearch, Nov 2016 http://prsync.com/wiseguyreports/new-report-on-global-halogen-free-flame-retardant-market–edition-1224343/ “2016 Global Halogen-Free Flame Retardant Market Status, 2011-2022 Market Historical and Forecasts, Professional Research Report”, Tuoda Research, Oct 2016 http://www.fiormarkets.com/report-detail/14937#description