Overview of the global halogen-free flame retardant chemicals market
According to Technavio’s analyst, the global halogen-free flame retardant chemicals market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The growing demand for phosphorus-based flame retardants will drive the growth prospects for the global halogen-free flame retardant chemicals market until the end of 2021. The phosphorus-based flame retardants are halogen-free chemicals that are non-toxic and eco-friendly in nature. Also, REACH, the Restriction of Hazardous Substances (RoHS), WEEE, and NAFRA have imposed regulations in Europe and North America to use halogen-free chemicals, which will further propel the global halogen-free flame retardant cable and chemicals market to grow at a significant rate. Some of the major end users responsible for the growing demand for phosphorus-based flame retardants, halogen-free flame retardant chemicals, and flame retardant additives include the construction, transportation, electrical and electronics, and wires and cables, and textile industries.
In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market’s growth in the region is the infrastructural development and favorable economic conditions.
Competitive landscape and key vendors
The global halogen-free flame retardant chemicals market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as innovations, price, and quality of the product. Also, vendors with better financial, technological, and other resources will be able to withstand changes and adapt to different market conditions. Furthermore, vendors who offer products at lower prices are expected to capture more market share.
Key vendors in this market are -
- Clariant
- J.M. Huber
- ICL
- LANXESS
- Nabaltec
Other prominent vendors in the market include BASF, Chemtura, Delamin, Italmatch Chemicals, and Thor.
Segmentation by type and analysis of the halogen-free flame retardant chemicals market
- Aluminum hydroxide
- Phosphorus-based
The aluminum hydroxide flame retardant chemicals segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market segment's growth includes various properties of an aluminum hydroxide such as halogen free, nontoxic, inexpensive, decomposable at 230°C, and abilities to absorb a significant amount of heat, suppress smoke, and its use as fillers in various materials. Also, some of the common application areas of aluminum hydroxide flame retardants include cables, flame retardant wires, rubber products, carpet backing, electrical arcing, and others.
Segmentation by end user and analysis of the halogen-free flame retardant chemicals market
- Textile
- Transportation
- Wires and cables
- Electrical and electronics
- Building and construction
The global halogen-free flame retardant chemicals market for the building and construction industry accounted for the majority market share during 2016 and will continue to dominate the market during the forecast period. The halogen-free flame resistant chemicals are increasingly used in the building and construction segment for structural insulation and structural elements.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global halogen-free flame retardant chemicals market?
- What are the key market trends impacting the growth of the global halogen-free flame retardant chemicals market?
- What are the challenges to market growth?
- Who are the key vendors in the global halogen-free flame retardant chemicals market?
- What are the market opportunities and threats faced by the vendors in the global halogen-free flame retardant chemicals market?
- What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global halogen-free flame retardant chemicals market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Key market highlights
- Overview
PART 05: Market landscape
- Market overview
- Global halogen-free flame retardant chemicals market
- Five forces analysis
PART 06: Market segmentation by type
- Global halogen-free flame retardant chemicals market by type
- Global aluminum hydroxide flame retardant chemicals market
- Global phosphorus-based flame retardant chemicals market
- Global other halogen-free flame retardant chemicals market
PART 07: Market segmentation by end-user
- Global halogen-free flame retardant chemicals market by end-user
- Global halogen-free flame retardant chemicals market for building and construction industry
- Global halogen-free flame retardant chemicals market for electrical and electronics industry
- Global halogen-free flame retardant chemicals market for wires and cables industry
- Global halogen-free flame retardant chemicals market for transportation industry
- Global halogen-free flame retardant chemicals market for textile industry
- Global halogen-free flame retardant chemicals market for other industries
PART 08: Geographical segmentation
- Global halogen-free flame retardant chemicals market by geography
- Halogen-free flame retardant chemicals market in APAC
- Halogen-free flame retardant chemicals market in North America
- Halogen-free flame retardant chemicals market in Europe
- Halogen-free flame retardant chemicals market in ROW
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Impact of drivers on key customer segments
- Market challenges
- Impact of challenges on key customer segments
PART 11: Market trends
- Regulations restricting use of halogenated flame retardants
- Emergence of new flame retardant chemicals
- Economic growth in APAC
PART 12: Vendor landscape
- Competitive scenario
- Clariant
- J.M. Huber
- ICL
- LANXESS
- Nabaltec
- Other prominent vendors
PART 13: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape