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Non Halogenated Flame Retardants Market

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Future Market Insights has announced the addition of the “Digital Breast Tomosynthesis (DBT) Equipment Market: Global Non Halogenated Flame Retardants Market to Extent an Assessed Value of US$ 4.5 Bn by 2025" report to their offering.
Non Halogenated Flame Retardants Market to Extent an Assessed Value of US$ 4.5 Bn by
2025
Future Market Insights (FMI) delivers key insights on the global non-halogenated flame retardants
market in its latest report titled “Non-Halogenated Flame Retardants (NHFR) Market: Global
Industry Analysis and Opportunity Assessment 2015 – 2025”.
NHFR are flame retardant compounds that do not contain any halogen. These are more environment
friendly than their halogenated counterparts. These compounds find application in plastics, rubber,
and textiles materials. Among these, they find largest application in plastics.
Growing use of plastics in the construction industry, driven by rising urbanisation is propelling
demand for NHFR worldwide. NHFR are widely used in automotive plastics, which significantly
increases its demand from the transportation and automobile industry across the globe.
Rising concerns regarding the environmental impact of halogenated flame retardants is fuelling
growth of the non-halogenated flame retardants market. Non-halogenated flame retardants can be
recycled and also produce relatively low and non-toxic smoke as compared to its other counterparts.
Implementation of stringent environmental regulations across the globe is encouraging adoption of
non-halogenated flame retardants, especially in the electrical & electronics industry, which is
expected to be the fastest growing segment in the market over the forecast period.
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The global non-halogenated flame retardants market is segmented on the basis of product type, enduse industry, application and region.
Among product types, the phosphorous based segment accounted for the largest value share in the
global non-halogenated flame retardants market in 2014, followed by the metal oxide based and
nitrogen-based segments respectively. The phosphorous-based segment is projected to remain the
largest segment throughout the forecast period, creating an incremental $ opportunity of US$
1,117.2 Mn between 2015 and 2025.
Building & construction industry accounted for the largest end-use industry segment in 2014,
followed by electrical & electronics and automotive & transportation segments respectively.
However, electrical & electronics is projected to emerge as the largest end-use industry segment by
the end of the forecast period. The electrical & electronics segment is expected to create
incremental $ opportunity of US$ 699.7 Mn between 2015 and 2025.
Application-wise, the NHFR market is segmented into polyolefin (PO), epoxy, unsaturated
polyester (UPE), rubber, polyvinyl chloride (PVC), polyurethane (PU), styrenics, engineering
thermoplastics (ETP) and others.
The report also offers in-depth information about the market across seven major regions, namely,
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan
(APEJ), Middle East & Africa and Japan.
In 2014, North America accounted for the largest market value share in the global NHFR market,
followed by Western Europe and APEJ respectively. Developed regions namely, North America,
Western Europe and Japan collectively accounted for approximately three-fourth value share of the
overall market in 2014. APEJ is expected to emerge as the fastest growing market for nonhalogenated flame retardants over the forecast period.
The key players in the non-halogenated flame retardants market that have been covered in this study
are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch
Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered
Material, Amfine Chemical Corporation and THOR Group Ltd. accounted for the largest market
share in the global non-halogenated flame retardant market by the end of financial year 2014–2015.
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ashutosh
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