LONDON, Jan. 17, 2017 /PRNewswire/ -- The global organophosphorus flame retardant market is forecast to grow at a CAGR of 5.2% from 2016 to 2021. The major drivers of growth for this market are stringent government regulations related to prohibition of polybrominated diphenyl ethers (PBDEs), growing awareness on fire safety, and increasing market penetration of organophosphorus flame retardants in various end-use industries.
Emerging trends, which have a direct impact on the dynamics of the industry, include the growing focus on innovation and product development to intensify the penetration level and long-term sustainability and original equipment manufacturers (OEMs') commitment towards the use of non-halogenated flame retardants
A total of 116 figures / charts and 31 tables are provided in this 211-page report to help in your business decisions. Sample figures with some insights are shown below.
The study includes a trend and forecast for the global organophosphorus flame retardant market by end-use industry, application, and region as follows:
By end-use industry [Volume (M lbs/Kilotons) and $M shipment analysis for 2010 – 2021]:
Building and Construction Electricals and Electronics Transportation Others By application [Volume (M lbs/Kilotons) and $M shipment analysis for 2010 – 2021]:
Polyurethane (PU) Polyvinyl chloride (PVC) Engineering thermoplastics (ETPs) Acrylonitrile butadiene styrene (ABS) Others By region [Volume (M lbs/Kilotons) and $M shipment analysis for 2010 – 2021]:
North America Europe Asia Pacific Rest of World
Israel Chemicals Ltd., Clariant, Chemtura Corporation, Lanxess, and THOR group are among the major suppliers of the organophosphorus flame retardants. Some companies are opting for M&A as a strategic initiative for driving growth.
Lucintel predicts that the demand for engineering thermoplastics is likely to experience the highest growth in the forecast period supported by growing demand in end product manufacturing. Within the organophosphorus flame retardant market, the building and construction segment is expected to remain as the largest market by value and volume.
North America is expected to emerge as the largest market due to government initiatives and inclination of original equipment manufacturer (OEMs) towards sustainable and safer alternatives of halogenated flame retardants leading to wider acceptance of organophosphorus flame retardants in various end-use industries.
This report answers following 11 key questions:
Q.1: What are some of the potential, high-growth opportunities for global organophosphorus market by applications, end user industry, and regions?
Q.2: Which segments will grow at a faster pace and why?
Q.3: Which regions will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5: What are the business risks and threats to the market?
Q.6: What are emerging trends in this market and reasons behind them?
Q.7: What are some changing demands of customers in the market?
Q.8: What are the new developments in the market? Which companies are leading these developments?
Q.9: Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10: What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution
Q.11: What are M & A activities in the last 5 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?
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