DUBLIN, May 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "The Global Alumina Trihydrate (ATH) Flame Retardant Market 2015-2020: Trends, Forecast and Opportunity Analysis" report to their offering.
The global ATH flame retardant market is forecast to grow at a CAGR of 4.9% from 2015 to 2020.
According to a new market report the future of the alumina trihydrate (ATH) flame retardant market looks good with opportunities in the electrical and electronics, building and construction, and wire and cable industries.
The major drivers of growth for this market are stringent governmental regulations related to prohibition on use of halogenated flame retardants, growing awareness on fire safety, and increasing market penetration of ATH flame retardants in various end-use industries.
ATH flame retardants are used in a variety of applications with materials like polyolefin, epoxy, rubber, unsaturated polyester resin, polyvinyl chloride, and others. The author predicts that the demand for polyolefin is likely to experience the highest growth in the forecast period supported by growing demand in end product manufacturing. On the basis of comprehensive research, the author forecasts that wire and cable segment is expected to show highest growth during the forecast period.
Within the ATH flame retardant market, the building and construction segment is expected to emerge as the largest market by value. The changes in regulatory requirement and strong demand of halogen free flame retardants are expected to spur growth for this segment over the forecast period.
North America is expected to remain the largest market by value and volume both due to growth in end use applications and wider acceptance of ATH flame retardants in various end-use industries.
Asia Pacific and the Rest of the World are expected to witness significant growth over the forecast period because of growing awareness on fire safety, and restriction on some halogenated flame retardants.
Nabaltec AG, Albemarle Corporation, Huber Engineered Materials, and TOR Minerals are among the major suppliers of the ATH flame retardants. Some companies are opting for M&A as a strategic initiative for driving growth.
Key Topics Covered:
1. Executive Summary
2. The ATH Flame Retardant Industry: Background and Classifications
3. Market Trends and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunity & Strategic Analysis
6. Company Profiles of Leading Players
- Albemarle Corporation
- Huber Engineered Materials
- Nabaltec AG
- Niknam Chemicals Private Limited
- R.J. Marshall Company
- SAFIC-ALCAN UK Limited
- Shandong Chuanjun Chemical Co., Ltd
- Showa Denko K. K. (SDK)
- TOR Minerals
For more information visit http://www.researchandmarkets.com/research/dg7c6w/the_global
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SOURCE Research and Markets