Flame Retardants Market Growing at 6.4% CAGR to Hit $12B by 2021
PUNE, India, April 22, 2016 /PRNewswire/ --
Driven by increasing fire safety regulations, worldwide flame retardants market growth is supported by end-use industries, such as building & construction and electronics & appliances. Building & construction in Asia-Pacific is projected to account for the maximum share in the flame retardants market in future.
Complete report on global flame retardants market spread across 172 pages, profiling 11 companies and supported with 143 tables and 52 figures is now available at http://www.reportsnreports.com/reports/178596-flame-retardant-chemicals-market-by-type-application-geography-market-estimates-up-to-2017.html .
The building & construction industry dominated the flame retardants market in 2015. The trend is estimated to continue during the forecast period. The demand for flame retardants in building & construction is mostly driven by increasing regulations concerning the safety of environment and human health in Europe and North America.
Asia-Pacific is estimated to dominate the flame retardants market by 2021.With its rapidly expanding commercial and industrial base, the region is projected to experience the highest growth between 2016 and 2021, followed by North America. It is majorly driven by China, which is the leading flame retardants market in the region as well as globally.
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (40%), Tier 2 (35%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (47%), Director Level (30%) and others (23%) from various key organizations operating in the global flame retardants market. The primary interviews were conducted worldwide covering regions such as North America - 30%, Western Europe - 23%, Central & Eastern Europe -14%, APAC - 17%, the Middle East & Africa - 10%, and South America - 6%.
This report also identifies market dynamics, such as drivers, restraints, and opportunities. It includes company profiles of major players; recent activities in the market, such as new product launches, expansions, and contracts & agreements; and SWOT analysis. Some of the major companies profiled in this report are Albemarle (U.S.), ICL (Israel), Chemtura Corporation (U.S.), Clariant (Switzerland), The Dow Chemical Company (U.S.), Nabaltec AG (Germany), Lanxes AG (Germany), Italmatch (Italy), Huber Engineered Materials (U.S.), andAkzo Nobel (Netherlands). Order a copy of Flame Retardant Market by Type (ATH, Antimony Oxide, Brominated, Chlorinated, Phosphorous), Application (Epoxy, Polyolefins), and End-use Industry (Building & Construction, Electronics & Appliances, Wire & Cables, Automotive) - Global Forecast to 2021 research report available at http://www.reportsnreports.com/purchase.aspx?name=178596 .
From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the adhesion promoters market; high-growth regions; and market drivers, restraints, and opportunities.
On a related note, another research on Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market Global Forecast to 2020 says, Increasing demand for Fire, Smoke, Toxicity Retardant (FST) Composite Resin from rail and aircraft interior applications to drive the FST composite resin market. Aerospace & defense is the fastest-growing application for the FST composite resin market. North America is the fastest-growing market for FST composite resin. Companies like Ashland Inc., BASF SE, BUFA Composite Systems GmbH & Co. KG, Hexion Inc., Huntsman Corporation, Mader Composites, NORD Composites, Polynt SPA, Reichhold LLC, SABIC and Scott Bader Company Limited have been profiled in this 131 pages research report available at http://www.reportsnreports.com/reports/474545-fire-smoke-and-toxicity-retardant-fst-composite-resin-market-by-resin-type-phenolic-epoxy-polyester-thermoplastic-by-composite-manufacturing-process-by-application-transportation-ad-construction-marine-and-by-region-global-forecast-to-2020.html .
Explore more reports on the Chemicals market at http://www.reportsnreports.com/market-research/chemicals/ .
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