New York, December 2021: Axiom Market Research & Consulting™ added a report on Non-halogenated flame retardants market which includes study on product, application, end user, and geography. Non-halogenated flame retardants market was projected to grow at a CAGR of 6.4% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the non-halogenated flame retardants Market.

The factors such as increasing adoption of the polymers in the different industries like electronics, building and construction, textiles and transports, along with the requirement for the fire safety in the manufacturing is playing an important role for the safety of the workers along with the production unit for reducing the damage in different types of the industries, the stringent government rules regarding the fire safety because of the fast urbanization and construction activities across the world have been contributing to the growth of the non-halogenated flame retardants market during the forecast period.

The report analyses the non-halogenated flame retardants market based on product, application, end use, and geography. By product, the non-halogenated flame retardants market is segmented into aluminum hydroxide, phosphorous based flame retardants, nitrogen based, and magnesium hydroxide. By application, the non-halogenated flame retardants market is segmented into polyolefins, epoxy resins, unsaturated polyester, polyvinyl chloride, engineering thermoplastics, rubber and styrenics. By end use, the non-halogenated flame retardants market is segmented into construction, electrical and transportation. Based on the geography, the non-halogenated flame retardants market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World. 

Aluminum Hydroxide product segment is expected to gain highest share in the non-halogenated flame retardants market

The factors such as excellent smoke suppressor properties, and the cost effectiveness has been driving the growth and responsible gaining highest market share in the non-halogenated flame retardants market by the segment during the forecast period. 

Polylefins application segment is expected to dominate the non-halogenated flame retardants market

The factors such as the low density, break resistant, nontoxic and non-contaminating properties of the polylefins has been contributing to the growth of the segment in the non-halogenated flame retardants market during the forecast period. 

Construction end use segment is expected to gain high market share in the non-halogenated flame retardants market

The factors such as increasing incidents of the accidents in the construction materials, site, residential areas and building as these chemicals help in preventing the spread of fire when it is applied to the construction material has been driving the growth of the segment in the non-halogenated flame retardants market during the forecast period. 

Europe is estimated to be leading the non-halogenated flame retardants market

The factors such as increased development of the region and increasing use of the non-halogenated flame retardants in the different types of industries like electrical, construction and automation in the region has been increasing the demand for the market along with propelling the growth of the non-halogenated flame retardants market in the region during the forecast period. 

Key Players 

The key players in the non-halogenated flame retardants market are Albemarle Corporation, BASF SE., Chemtura Corporation, Clariant International Ltd., DSM, Dupont, Huber Engineered Materials, Italmatch Chemicals, Lanxess, Thor Group Ltd., FRX Polymers, Nabaltec AG, Delamin,  ICL, Gulbrandsen, ChemPoint and TRiiSO among others. 

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