Market Size of Non-Halogenated Flame Retardant Chemicals Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Non-Halogenated Flame Retardants Chemicals Market Analysis
The market for non-halogenated flame-retardant chemicals is expected to grow at a CAGR of over 5% during the forecast period. Major factors driving the market studied are the increasing consumer demand for electrical & electronic products across the world. The non-suitability of hydroxides to high temperatures may hinder the market.
- Environmental and health concerns regarding brominated and other flame retardants are also expected to drive the market during the forecast period.
- Increasing legislation banning of halogenated flame retardants is likely to act as an opportunity in the future.
- Europe is expected to dominate the market across the globe. While, Asia-Pacific region is likley to witness the fastest growth during the forecast period.
Non-Halogenated Flame Retardants Chemicals Industry Segmentation
The non-halogenated flame retardant chemicals market report includes:
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Non-Halogenated Flame Retardant Chemicals Market Size Summary
The non-halogenated flame retardants chemicals market is poised for significant growth, driven by the rising demand for electrical and electronic products globally. This growth is further supported by increasing environmental and health concerns over brominated and other flame retardants, prompting stricter regulations and legislation against halogenated variants. The market is expected to see substantial opportunities as these regulations become more widespread. Europe is anticipated to lead the market, with the Asia-Pacific region experiencing the fastest growth due to its expanding construction sector and increasing demand for residential housing. Non-halogenated flame retardants are crucial in building materials, particularly for structural insulation, HVAC applications, and polyolefin foams, aligning with global fire safety standards and environmental sustainability trends.
In Europe, particularly Germany, the market for non-halogenated flame retardant chemicals is expected to expand due to the robust electrical, electronics, and automotive industries. Germany's strong R&D infrastructure and integration within the industry value chain facilitate the adoption of advanced technologies, contributing to the market's growth. The country's significant contribution to the European automotive production and its thriving aerospace sector further bolster this demand. The market is characterized by a consolidated nature, with major players like Nabaltec AG, Huber Engineered Materials, BASF SE, and ICL holding substantial market shares. These factors collectively indicate a promising outlook for the non-halogenated flame retardants market during the forecast period.
Non-Halogenated Flame Retardant Chemicals Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Environmental and Health Concerns Regarding Brominated and Other Flame Retardants
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1.1.2 Increasing Infrastructure Activities in Asia-Pacific
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1.1.3 Rising Consumer Electrical and Electronic Goods Manufacturing
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1.2 Restraints
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1.2.1 Non-suitability of Hydroxides to High Temperature Applications
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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1.5 Raw Material Analysis
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1.6 Regulatory Policy Analysis
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Inorganic
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2.1.1.1 Aluminum Hydroxide
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2.1.1.2 Magnesium Hydroxide
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2.1.1.3 Boron Compounds
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2.1.2 Phosphorus
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2.1.3 Nitrogen
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2.1.4 Other Types
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2.2 End-user Industry
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2.2.1 Electrical and Electronics
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2.2.2 Buildings and Construction
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2.2.3 Transportation
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2.2.4 Textiles and Furniture
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Non-Halogenated Flame Retardant Chemicals Market Size FAQs
What is the current Non-Halogenated Flame Retardant Chemicals Market size?
The Non-Halogenated Flame Retardant Chemicals Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Non-Halogenated Flame Retardant Chemicals Market?
Nabaltec AG, Huber Engineered Materials, BASF SE and ICL are the major companies operating in the Non-Halogenated Flame Retardant Chemicals Market.