PPT for Flame Retardant Chemicals Market: Global Market Insights, Inc.

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Flame Retardant Chemicals Market 2016 2023
Flame Retardant Chemicals Market Size, Industry
Analysis Report, Regional Outlook, Application
Potential, Price Trends, Competitive Market Share
Forecast, 2016 2023
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Global Market Scenario of Flame Retardant
Chemicals

• Flame Retardant Chemicals Market size was over
  USD 7.5 billion in 2015 and is likely to gain
  4.5 CAGR up to 2023 register above USD 10
  billion.
• Flame retardants market size may reach over 2.9
  million tons by 2023 with expected gains at over
  6 CAGR.
• Rise in fire safety norms in construction and
  automobile industries may stimulate product
  demand. Increase in construction spending
  particularly in Asia Pacific may drive product
  demand. China construction spending was over USD
  1.7 trillion in 2014, followed by Japan and India
  with over USD 739 billion and USD 421 billion
  respectively in the same year.
• Flame retardant chemicals market may witness
  strong growth in construction applications up to
  2023. Construction application may account for
  over 25 of the overall volume by 2023.

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• Increasing plastic usage for automobile
  production owing to growing fuel efficiency
  demand and limiting carbon emissions may favour
  flame retardant chemicals demand. Automobile sale
  recorded over 85 million units in 2014 and is
  forecast to register 100 million units by 2018.
• Flame retardant chemicals market size may rise
  owing to increase in manufacturing output,
  especially in Europe, U.S. and Japan with
  expected recovery post economic downturn.
• Global non halogenated flame retardants market is
  expected to reach USD 2.5 billion by 2023 and it
  is expected that halogen based products will be
  banned keeping in the concern of human health and
  environmental hazards.
• Get more detail _at_ https//www.gminsights.com/indus
  try-analysis/flame-retardant-chemicals-market

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360 Analysis

• Application Analysis
• These products are used in thermosets,
  thermoplastics, paints coatings building
  construction, adhesives, and various other forms
  of plastics such as, textiles, coatings
  polyolefin and PVC. Key flame retardant chemicals
  type include, brominated, chlorinated,
  organophoshorus, nitrogen, aluminium hydroxide
  and antimony oxide.
• In Electrical electronics (EE) applications,
  the product supports in the production of
  laptops, cell phones, battery chargers,
  refrigerators, washers, dryers and vacuum
  cleaners. This may enhance flame retardant
  chemicals market size.
• Regional Analysis
• Asia Pacific flame retardants market size, led by
  China India, dominated the regional industry
  and accounted for over 42 of the overall demand
  in 2015. Asia Pacific dominated the market over
  the past few years, followed by Western Europe
  and North America. Asia Pacific is forecast to
  register the highest growth owing to enormous
  potential that can be discover in near future
  because in the increase of safety concerns and
  growth of many end-use industries in the
  developing countries.
• North America, led by U.S. accounted for over 21
  of the overall share in 2015. While Europe, led
  by UK, Germany France, accounted for over 19
  of the total volume in 2015.

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• Competitive Market Share
• Global flame retardants market share is fairly
  competitive and comprises of MNCs. Notable
  industry participants include Dow Chemical,
  Clariant, Lanxess, BASF, Akzo Nobel, Albemarle
  and DuPont.
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