Global market for flame retardant chemicals to reach US$5.1B in value, 14.9 tonnes by 2012, researcher forecasts; demand for flame retardants driven in part by new regulatory guidelines for reducing toxic chemicals
Alison Gallant
ROCKVILLE, Maryland
,
October 13, 2011
(press release)
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MarketResearch.com has announced the addition of the new report "Flame Retardant Chemicals - A Global Market Overview," to their collection of Chemicals market reports.
Demand for flame retardants is mainly driven by increased security measures and the new regulatory guidelines for reducing toxic chemicals. With governments setting new standards for flammability and smoke for a gamut of products, innovation takes the front seat with a chance of entering the market and making it big. Nanotechnology is expected to be the next big thing in the context of improving performance, creating, amongst others, polymer-clay composites. The global market for Flame Retardant Chemicals, in terms of volume, is expected to reach 1.9 million metric tons by 2012 valued worth US$5.1 billion.
Flame retardant chemical types analyzed in this study comprise Aluminum Hydrates, Antimony Oxides, Brominated Flame Retardants, Chlorinated Flame Retardants, Phosphorus based Flame Retardants and others. The report also analyzes end-user applications including automobile, construction, electrical & electronics, wires & cables and others. The report analyzes the flame retardants global market in terms of metric tons which also includes an overall global chart in terms of USD Million.
Geographical regions covered include the United States, Europe, Asia-Pacific China, Japan and Rest of World. The regional markets further analyzed for 7 more independent countries across:
* Europe: France, Germany, Italy and the United Kingdom
* Asia-Pacific - India, South Korea and Taiwan.
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