DUBLIN, March 2, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/cmz7xk/european_market) has announced the addition of the "European Market for Flame Retardant Chemicals Segmented by Application, Composition and Geography (2015-2020)" report to their offering.

The European market for flame-retardant chemicals is expected to grow at a healthy pace of 5.3% from $1.56 billion in 2013 to over $2.1 billion during the forecast period. Europe is the third largest global market for flame-retardants, occupying 22% of the global market share.

Flame-retardants can be divided into sectors by their application: electronic and electrical appliances, construction, wire & cable, automotive, textiles and others. The largest two sectors are construction and electronic & electrical appliances, together occupying more than 45% of the total market.

Electronic & electrical appliances along with wire & cable are the fastest growing markets; this growth can be credited to the rise in consumer electronics goods. Stringent fire safety standards and legislations in Europe also act as a growth driver for the use of flame-retardants.

Chlorinated flame-retardants that occupy a major part of the European market share are facing a reduced dependence and a gradual phasing. This is due to their unfavorable health effects and emergence of alternative raw materials including metal hydroxides. In Europe, the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) and the EU Directive on the Restriction of Hazardous Substances Directive (RoHS) has banned several halogenated compounds and other materials from use as additives in plastics.

Reasons for Buying this Report:

• Have valuable insights on trends and prospects.
• Gain an exhaustive understanding of the worldwide market.
• Recognize industry players and possess key industrial financial information.
• Have an in-depth understanding on the factors driving and restraining the market.

Key Topics Covered:

1. Introduction

2. Key Findings of the Study

3. Market Overview

4. Market Dynamics

5. Technology Overview

6. Market Analysis & Forecast

Companies Mentioned:

• BASF SE
• Akzo Nobel N.V.
• Clariant AG
• Chemtura Corporation
• Albemarle Corporation
• DuPont
• Sherwin-Williams Co.
• Tosoh Corp.
• Israel Chemicals Ltd (ICL-IP)
• Arkema S.A.
• Chemtura Corporation
• AMCOL International Corp.
• TOR Minerals International Inc.
• Interplastic Corporation
• DAIHACHI Chemical Industry Co., Lt
• Lanxess AG
• DIC Corporation

For more information visit http://www.researchandmarkets.com/research/cmz7xk/european_market

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SOURCE Research and Markets