Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Non-halogenated flame retardants market is expected of have growing interest from majority of the industries like construction, electrical, transportation. The feature of Non-halogenated flame retardants like efficiency, lower density, & light stability are the significant factor which will drive the growth of the market. Besides these chemicals are also used in manufacturing of automotive foams, and other coating materials to prevent the fire hazards. The market is expected to witness significant growth during the forecast period.
The market is driven by growing adoption of polymers in various industries such as electronics, building & construction, transportation, and textiles. The requirement for fire safety in the manufacturing play a key for the safety of labor worker as well as production unit to reduce the damage or hazard in various industries. Also, stringent government regulations regarding fire safety due to rapid urbanization and construction activities worldwide there is significant need for prevention of accidents and fire safety measure which is further propelling the demand for non-halogenated flame retardants market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the non-halogenated flame retardants market. In addition, complete analysis of changes on the non-halogenated flame retardants market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
The non-halogenated flame retardants market is bifurcated into different segment based on by product, application, end use and geography.
The non-halogenated flame retardants are available in various product type like aluminum hydroxide, phosphorous based flame retardants, nitrogen based, and magnesium hydroxide. Aluminum hydroxide is projected to gain major share in the global non-halogenated flame retardants market owing to excellent smoke suppressor properties and is cost effective. Besides phosphorous based flame retardants is expected to witness growth at highest pace in the upcoming years.
The non-halogenated flame retardants market finds application in polyolefins, epoxy resins, unsaturated polyester, polyvinyl chloride, engineering thermoplastics, rubber,and styrenics. Polyolefins is anticipated to dominate in global non-halogenated flame retardants market. The properties like low density, break resistant, nontoxic and non-contaminating are key factor driving the growth of segment. Besides, Epoxy resins is expected to have significant growth in upcoming years.
The non-halogenated flame retardants market has major end user in construction, electrical, transportation. Construction are expected to gain market in the global non-halogenated flame retardants market owing increasing incidents of accidents in construction materials, site, residential and building as these chemical help to prevent the spreading of fire when applied to construction material. Also, these substance or compounds are added to other material such as coating, materials, textile to prevent the spread of fire in the construction end use. The key feature of non-halogenated flame retardants is expected to drive the growth market in construction end use.
The global non-halogenated flame retardants market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Europe is projected to lead in the global Non-halogenated Flame Retardants market. The growth is attributed to development of region and increasing use of non-halogenated flame retardants in different industries like Construction, Electrical and automation is fueling the demand for the market. Besides presence of key countries like U.K, Germany, Spain, Italy is boosting the growth of the non-halogenated flame retardants market. Also, growing merger and acquisition, new product launch is driving the regional growth. Whereas Asia Pacific is expected to witness significant growth in non-halogenated flame retardants market owing to increasing adoption of non-halogenated flame retardants as precaution for accidents and fire safety measure. Also, developing economies in the region is expected to propel the demand for market.
The key players in 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.
The report analyses the global in non-halogenated flame retardants market based on by product, application, end use and geography. The non-halogenated flame retardants are available in various product type like aluminum hydroxide, phosphorous based flame retardants, nitrogen based, and magnesium hydroxide. The non-halogenated flame retardants market finds application in polyolefins, epoxy resins, unsaturated polyester, polyvinyl chloride, engineering thermoplastics, rubber,and styrenics. The non-halogenated flame retardants market has major end user in construction, electrical, transportation. The global non-halogenated flame retardants market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).
The key players in 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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