The global flame retardant market size was USD 6.72 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Flame retardants market revenue growth is driven by factors such as rising fire safety laws, expansion of end-use sectors, rising demand from the electronics industry, and increased demand from the construction sector.
Flame retardants are regularly applied or sprayed on the following products: foam, upholstery, and mattresses, building and construction materials (electrical wires and cables), and insulation materials (polystyrene and polyurethane insulation foam). Many flame retardant products have been removed from the market or are no longer manufactured. However, because it does not decay rapidly, it can be used reliably in the environment for many years.
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The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Flame Retardants market players.
Some major companies in the global market report include Albemarle Corporation, BASF SE, Dow, Eastman Chemical Company, Hangzhou Lingrui Chemical Co., Ltd, Hongbaoli Group Co., Ltd., Huntsman Corporation, Lanxess, Muby Chemicals, and Sasol.
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The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period.
Emergen Research has segmented the global flame retardant market on the basis of product type, application, end-use, and region:
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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