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Flame Retardant Chemical Market Trends and Forecast

The future of the flame retardant chemical market looks promising with opportunities in the building & construction, transportation, electrical & electronic, textile, and furniture & furnishing sectors. The global flame retardant chemical market is expected to reach an estimated $7.3 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are introduction of stringent fire safety rules and regulations by governments along with an increase in construction activities and growing demand for electronics gadgets.
Flame Retardant Chemical Market by Material Type, Grade, Substrate, Application, End Use Industry, and Region
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Flame Retardant Chemical Market by Segments

Flame Retardant Chemical Market by Segment

The study includes trends and forecast for the global flame retardant chemical market by material type, grade, substrate, application, end use industry, and region, as follows:

Flame Retardant Chemical Market by Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Polyvinyl Chloride
  • Epoxy
  • Polyester
  • Polyamide
  • Thermoset Resins
  • Rubber
  • Others

Flame Retardant Chemical Market by Grade [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Technical Grade
  • Industrial Grade

Flame Retardant Chemical Market by Substrate [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Plastic
  • Wood
  • Fiber
  • Metal
  • Others

Flame Retardant Chemical Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Wires & Cable
  • Filler & Fixtures
  • Foams
  • Seat Covers
  • Bumpers
  • Interior Components
  • Upholstery
  • Mattress
  • Others

Flame Retardant Chemical Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Building & Construction
  • Transportation
  • Electrical & Electronics
  • Textiles
  • Furniture and Furnishing
  • Others

Flame Retardant Chemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Flame Retardant Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, flame retardant chemical companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flame retardant chemical companies profiled in this report include- 

Flame Retardant Chemical Market Insights

  • Lucintel forecasts that industrial grade will remain the larger grade segment over the forecast period due to the increasing usage in automotive seats, electric wires and cables, and building foam applications owing to its fire resistance and thermal insulation properties. 
  • Building & construction is expected to remain the end use industry segment with the highest growth due to rapid urbanization, increase in construction activities, and infrastructural development. 
  • APAC will remain the largest region due to the growing construction activities and implementation of stringent regulations in the region.

Features of the Flame Retardant Chemical Market

  • Market Size Estimates: Flame retardant chemical market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Flame retardant chemical market size by various segments, such as by material type, grade, substrate, application, end use industry, and region
  • Regional Analysis: Flame retardant chemical market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different material types, grades, substrates, applications, end use industries, and regions for the flame retardant chemical market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the flame retardant chemical market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the flame retardant chemical market size?
Answer: The global flame retardant chemical market is expected to reach an estimated $7.3 billion by 2028.
Q2. What is the growth forecast for flame retardant chemical market?
Answer: The global flame retardant chemical market is expected to grow with a CAGR of 6.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the flame retardant chemical market?
Answer: The major drivers for this market are introduction of stringent fire safety rules and regulations by governments along with an increase in construction activities and growing demand for electronics gadgets.
Q4. What are the major segments for flame retardant chemical market?
Answer: The future of the flame retardant chemical market looks promising with opportunities in the building & construction, transportation, electrical & electronic, textile, and furniture & furnishing sectors.
Q6. Who are the key flame retardant chemical companies?
Answer: Some of the key flame retardant chemical companies are as follows:
  • BASF SE
  • LANXESS
  • ICL Group
  • Albemarle
  • Akzo Nobel
Q7. Which flame retardant chemical segment will be the largest in the future?
Answer: Lucintel forecasts that industrial grade will remain the larger grade segment over the forecast period due to the increasing usage in automotive seats, electric wires and cables, and building foam applications owing to its fire resistance and thermal insulation properties. 
Q8. In flame retardant chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the growing construction activities and implementation of stringent regulations in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global flame retardant chemical market by material type (polyvinyl chloride, epoxy, polyester, polyamide, thermoset resins, rubber, and others), grade (technical grade and industrial grade), substrate (plastic, wood, fiber, metal, and others), application (wires & cable, filler & fixtures, foams, seat covers, bumpers, interior components, upholstery, mattress, and others), end use industry (building & construction, transportation, electrical & electronics, textiles, furniture & furnishing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?

For any questions related to fluorochemical market or related to fluorochemical companies, fluorochemical market size, fluorochemical market share, fluorochemical analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Flame Retardant Chemical Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Flame Retardant Chemical Market Trends (2017-2022) and Forecast (2023-2028)
3.3:  Global Flame Retardant Chemical Market by Material Type
3.3.1: Polyvinyl Chloride   
3.3.2: Epoxy   
3.3.3: Polyester   
3.3.4: Polyamide   
3.3.5: Thermoset Resins   
3.3.6: Rubber   
3.3.7: Others   
3.4: Global Flame Retardant Chemical Market by Grade
3.4.1 Technical Grade    
3.4.2 Industrial Grade   
3.5: Global Flame Retardant Chemical Market by Substrate
3.5.1: Plastic   
3.5.2: Wood   
3.5.3: Fiber   
3.5.4: Metal   
3.5.5: Others   
3.6: Global Flame Retardant Chemical Market by Application
3.6.1: Wires & Cable   
3.6.2: Filler & Fixtures   
3.6.3: Foams   
3.6.4: Seat Covers   
3.6.5: Bumpers   
3.6.6: Interior Components   
3.6.7: Upholstery   
3.6.8: Mattress   
3.6.9: Others   
3.7: Global Flame Retardant Chemical Market by End Use Industry
3.7.1: Building & Construction   
3.7.2: Transportation   
3.7.3: Electrical & Electronics   
3.7.4: Textiles   
3.7.5: Furniture and Furnishing   
3.7.6: Others   
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Flame Retardant Chemical Market by Region
4.2: North American Flame Retardant Chemical Market
4.2.1: North American Flame Retardant Chemical Market by Grade: Technical Grade and Industrial Grade
4.2.2: North American Flame Retardant Chemical Market by End Use Industry: Building & Construction, Transportation, Electrical & Electronics, Textiles, Furniture and Furnishing, and Others
4.3: European Flame Retardant Chemical Market 
4.3.1: European Flame Retardant Chemical Market by Grade: Technical Grade and Industrial Grade
4.3.2: European Flame Retardant Chemical Market by End Use Industry: Building & Construction, Transportation, Electrical & Electronics, Textiles, Furniture and Furnishing, and Others
4.4: APAC Flame Retardant Chemical Market 
4.4.1: APAC Flame Retardant Chemical Market by Grade: Technical Grade and Industrial Grade
4.4.2: APAC Flame Retardant Chemical Market by End Use Industry: Building & Construction, Transportation, Electrical & Electronics, Textiles, Furniture and Furnishing, and Others
4.5: ROW Flame Retardant Chemical Market 
4.5.1: ROW Flame Retardant Chemical Market by Grade: Technical Grade and Industrial Grade
4.5.2: ROW Flame Retardant Chemical Market by End Use Industry: Building & Construction, Transportation, Electrical & Electronics, Textiles, Furniture and Furnishing, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Flame Retardant Chemical Market by Material Type
6.1.2: Growth Opportunities for the Global Flame Retardant Chemical Market by Grade
6.1.3: Growth Opportunities for the Global Flame Retardant Chemical Market by Substrate
6.1.4: Growth Opportunities for the Global Flame Retardant Chemical Market by Application
6.1.5: Growth Opportunities for the Global Flame Retardant Chemical Market by End Use Industry
6.1.6: Growth Opportunities for the Global Flame Retardant Chemical Market by Region
6.2: Emerging Trends in the Global Flame Retardant Chemical Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Flame Retardant Chemical Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Flame Retardant Chemical Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: BASF SE   
7.2: LANXESS   
7.3: ICL Group   
7.4: Albemarle   
7.5: Akzo Nobel   
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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