Global Flame Retardant Masterbatch Market, By Product (Brominated Chlorinated, Organophosphours, Antimony Oxides, Alumina Trihydrate, Others), Resin (PE, PP, ABS, PS, PC, Others), End Users (Automotive, Agriculture, Building and Construction, Electrical and Electronics, Consumer Products, Packaging, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Flame Retardant Masterbatch Market
The flame retardant masterbatch market is expected to witness market growth at a rate of 9.70% in the forecast period of 2021 to 2028 is expected to reach USD 3.77 billion by 2028. Data Bridge Market Research report on flame retardant masterbatch market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in construction sector is escalating the growth of flame retardant masterbatch market.
Masterbatch refers to a mixture consisting of specific quantities of additives and dyes which are discrete in a hauler resin and imparts specific properties. They are known to bring color in plastic and assists in diffusion of additives in the resin. Flame retardant masterbatches are additives which increase resistance to ignition when added to thermoplastics including PP, PS, PA and PC. They also affect smoke formation and lowers down flame spread.
Increase in need of the products from several industries due to the fire risk scenarios especially in the building and construction industry as plastic materials are used to replace older construction parts is the major factor driving the flame retardant masterbatch market. The expansion of automotive sector and increase in the production of vehicles accelerate the flame retardant masterbatch market growth. The growth in infrastructure development across the globe and increase in inclination towards the reactive and polymeric flame retardants in order to enhance environmental profile also influence the flame retardant masterbatch market. Additionally, the high utilization of the products in numerous applications including household appliances, building and construction, household and several other appliances and rise in demand for plastic products positively affect the flame retardant masterbatch market. Furthermore, technological advancement in automotive and consumer’s electronics and use in residential areas extend profitable opportunities to the flame retardant masterbatch market players in the forecast period of 2021 to 2028.
On the other hand, implementation of stringent regulatory norms regarding the use of toxic flame retardants and its effect of environment are expected to obstruct the flame retardant masterbatch market. Concerns regarding the harmful effects of these hazardous chemicals on human body are projected to challenge the flame retardant masterbatch market in the forecast period of 2021 to 2028.
This the flame retardant masterbatch market ireport provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the flame retardant masterbatch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Flame Retardant Masterbatch Market Scope and Market Size
The flame retardant masterbatch market is segmented on the basis of product, resin and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the flame retardant masterbatch market is segmented into brominated chlorinated, organophosphours, antimony oxides, alumina trihydrate and others.
- On the basis of resin, the flame retardant masterbatch market is segmented into polyethylene (PE), polypropylene (PP), acrylonitrile butadiene styrene (ABS), polystyrene (PS), polycarbonate (PC) and others.
- On the basis of end users, the flame retardant masterbatch market is segmented into automotive, agriculture, building and construction, electrical and electronics, consumer products, packaging and others.
Global Flame Retardant Masterbatch Market Country Level Analysis
The flame retardant masterbatch market is analyzed and market size, volume information is provided by country, product, resin and end users as referenced above.
The countries covered in the global flame retardant masterbatch market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the flame retardant masterbatch market due to the rate of consumption and production of the product and presence of prominent manufacturers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flame Retardant Masterbatch Market Share Analysis
The flame retardant masterbatch market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flame retardant masterbatch market.
The major players covered in the flame retardant masterbatch market report are BASF SE, Ampacet Corporation, Clariant, Cromex S/A, DIC CORPORATION, Dongguan GreenTech Plastics Co., Ltd, DOVER CHEMICAL CORPORATION, ferroplast, LANXESS, Nouryon - Chamber of Commerce , PPM, Tous droits réservés, Tosaf, Americhem, polytechs, Albemarle Corporation, Akzo Nobel N.V., Dow-DuPont among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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