Global Flame Retardant Market to reach $9.8 billion by 2020

Global Flame Retardant Chemical Market to reach $9.8 billion by 2020, Says a New Research Report by Ceskaa Research
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Madison, NJ | October 8, 2015 | Ceskaa Research


Ceskaa Research (http://www.ceskaa.com/shop/chemical/chemical-product/) has announced the addition of the Global Flame Retardant Chemicals Market: 2015-2020 report to their offering.

In terms of value, the global market for flame retardant chemicals is expected to grow from $7.2 billion in 2014 to $7.6 billion in 2015 at a year-on-year (YOY) growth rate of 4.7%. In terms of volume, the market is expected to reach 2.9 million tons in 2020 growing at a CAGR (2015-2020) of 6.1%.

Non-halogenated flame retardant chemicals are gaining more traction across regions due to their environment friendly nature, whereas the demand for the halogenated flame retardant chemicals are declining due to their high toxicity levels, especially in North America and Europe owing to stringent regulations.

The global flame retardant chemicals market is increasing due to strict fire safety regulations across industries. Flame retardant chemicals are used in different adhesives, paints, coatings and various other forms of plastics such as, polyolefin, PVC, engineering thermoplastics, and styrenics primarily in the electrical and electronics; building and construction; transportation; textile; and wires and cables industries.

In 2014, Asia-Pacific dominated the global flame retardant chemicals volume market with over 44% share, followed by North America and Europe with approximately 23% and 22% shares, respectively.
With increase in raw material price and manufacturing cost, the flame retardant chemicals market is currently facing pricing issues; however, the market for flame retardant chemicals is on rise due to its extensive use in the electrical and electronics; building and construction; and transportation sectors.

This report also segregates all type of flame retardant chemicals such as chlorinated, brominated, phosphorus-based, aluminum hydroxide, magnesium hydroxide and antimony oxide by region, by intermediate applications, and by end-user applications.


Global Flame Retardant Market Forecast & Opportunities, 2020 discusses following aspects related to the Flame Retardant:

• Global flame retardant Market Size, Share & Forecast
• Segmental Analysis: By Raw Material, By Type, By Application, By Company
• Regional Analysis: Asia-Pacific, Americas, Europe
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations
 

About Ceskaa Research:

Ceskaa is a boutique market research company serving the global markets. We offer high quality market research reports on various industries. Our strong primary and secondary research teams are committed to assure the best market research reports and precise market data for your consideration.

Our research report provide useful insights, such as present and future market, competitive landscape, drivers, challenges, trends and pricing, which will help you to identify the opportunities and develop profitable business strategies. In-short the goal is to serve information you desire for a better decision making.

Ceskaa provide reports on 12 industries, which in are as follows:

 Advanced Material
 Automation & Control Process
 Biotechnology
 Chemical
 Electronics and Semiconductor
 Energy and Power
 Engineering & Manufacturing
 Food & Beverage
 Healthcare
 IT & Telecom
 Pharmaceutical
 Plastics

For more information visit: http://www.ceskaa.com/shop/chemical/chemical-product/

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SOURCE Ceskaa Research