Key Flame Retardant Thermoplastic Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global isolation switch market is very consolidated, with key players - ABB, Schneider Electric, Siemens, Eaton, and GE - accounting for a major portion of the market share. Larger manufacturers invest heavily in research and development, innovative products and services, and joint partnerships. The leaders of the smart grid first-mover advantage mainly come from European companies, while US and Indian-based players are targeting local supply chain productivity and development in their respective markets. The demand for smart grid products was impacted due to the pandemic and the economic landscape. Many manufacturers have either merged or joint-ventured locally and are pursuing green energy compliance. Other competition is coming from many new entrants out of South Korea, Malaysia, and Australia, whose offering has lower costs, better technology that leverages demand for industrial automation and renewable energy.
Some of the key players operating in the market are listed below:
|
Company Name |
Country of Origin |
Estimated Global Market Share (%) |
|
BASF SE |
Germany |
~11% |
|
Dow Inc. |
USA |
~10% |
|
SABIC |
Saudi Arabia (operates heavily in Europe) |
~9% |
|
LANXESS AG |
Germany |
~8% |
|
Clariant AG |
Switzerland |
~7% |
|
Celanese Corporation |
USA |
~xx% |
|
Solvay S.A. |
Belgium |
~xx% |
|
RTP Company |
USA |
~xx% |
|
INEOS Styrolution Group GmbH |
Germany |
~xx% |
|
LyondellBasell Industries N.V. |
Netherlands |
~xx% |
|
Asahi Kasei Plastics North America, Inc. |
USA |
~xx% |
|
Covestro AG |
Germany |
~xx% |
|
LOTTE Chemical Corporation |
South Korea |
~xx% |
|
Reliance Industries Limited |
India |
~xx% |
|
PETRONAS Chemicals Group Berhad |
Malaysia |
~xx% |
Here are a few areas of focus covered in the competitive landscape of the market: