DUBLIN, Dec 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Flame Retardants Chemicals Market 2016-2020" report to their offering.
The global flame retardants chemicals market to grow at a CAGR of 7.02% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global flame retardants chemicals market for 2016-2020. To calculate the market size, the report includes a detailed discussion of the major drivers influencing the market growth and the challenges faced by the vendors and the market as a whole. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is growing demand for nonhalogenated flame retardants. Nonhalogenated flame retardants are nontoxic and environment-friendly. They are manufactured using phosphorus, nitrogen, metal hydroxides, magnesium hydroxides, and boron-based flame retardants. These chemicals are commonly used in plastics, rubber, and textile materials used in the construction, transportation, electricals and electronics, wires and cables, and textile industries.
According to the report, one of the primary drivers in the market is rising demand for plastics. Flame retardant chemicals are added to plastics and polymers for delaying combustion in case of fire. Plastics are widely used in packaging, construction, electricals and electronics, automotive, and many other industries. The global market for plastics is growing significantly and will exceed $650 billion in terms of revenue and 340 million metric tons by volume in 2020. Among all the plastic additives, flame retardant chemicals have the highest growth potential and is expected to grow at a CAGR of 5.5% during 2016-2020.
- Israel Chemicals
Other prominent vendors
- Apollo Sports USA
- DOW Chemical
- Huber Engineered Materials
- Italmatch Chemicals
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end user
Part 07: Market segmentation by types
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/gq65v8/global_flame
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SOURCE Research and Markets