Flame Retardant Thermoplastic Market Analysis

  • Report ID: 3181
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Flame Retardant Thermoplastic Market Analysis

The flame retardant thermoplastic market is segmented by application into electrical and electronic, construction, industrial, transportation and others, out of which, the electrical and electronic segment is anticipated to hold the largest market share by the end of 2037. The growth of the segment can be attributed to the massive usage of flame retardant thermoplastics in printed wiring boards, refrigerators, vacuum cleaner, TV sets, smartphones, laptops and others. Moreover, growing concern for electrical short circuits, which can create a fire, is raising the need amongst the manufacturers of electronic goods to increasingly use the flame retardant thermoplastics, which in turn is anticipated to drive the growth of the segment. The flame retardant thermoplastic market is also segmented on the basis of end users into domestic and commercial, out of which, the commercial segment is anticipated to hold the largest share during the forecast period, backed by the increasing demand for the thermoplastics from numerous end users for a variety of end use purposes.

However, owing to the stringent government regulations for the production of flame retardant thermoplastics, such as IEC 60695, IEC 60112, UL94, UL746 and others for electronic applications, and other complaints such as DIN 4102, EN 9239, BS 476, EN 13823, and others for building and construction application, significantly raises the cost of production of the manufacturers so as to meet these regulatory standards, which is anticipated to hamper the flame retardant thermoplastic market growth during the forecast period.

Our in-depth analysis of the global market includes the following segments:

           Product

  • Amorphous polymers
  • Crystalline polymers

             Coating

  • Brominated flame retardants
  • Phosphorus flame retardants
  • Alumina trihydrate
  • Others

 

 

            Application

  • Electrical and electronic
  • Construction
  • Industrial
  • Transportation
  • Others

           End Users

  • Domestic
  • Commercial
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Author Credits:  Rajrani Baghel


  • Report ID: 3181
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of flame retardant thermoplastic is assessed at USD 9.57 billion.

Flame Retardant Thermoplastic Market size was valued at USD 9.14 billion in 2024 and is expected to reach USD 18.33 billion by 2037, registering around 5.5% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is set to dominate majority revenue share by 2037, owing to rising industrialization as well as urbanization in the region.

The major players in the market are BASF SE, Toray Industries, Inc., Clariant, J.M. Huber Corporation, PMC Polymer Products, Inc., Teknor Apex, Avient Corporation, Washington Penn, Albermarle Corporation, Polyvisions Inc., and others.
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