The global flame retardants in the global plastic additive market is projected to reach $7.9 billion by 2028, at a CAGR of 5.7% during 2023-2028. The growth of flame retardants in the global plastic additive market is driven by increasing demand from the electrical & electronics sector, growing demand for thermoplastics to reduce carbon emission, and stringent government regulations towards fire safety.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the flame retardants in the global plastic additive market by product type (polyvinyl chloride, polyolefin, polyurethane, acrylonitrile butadiene styrene, polycarbonate, epoxy, polyester, and others), polymer group (thermoset, thermoplastics, and others), application (aerospace & defense, electrical & electronics, wires & cables, pipes & tanks, transportation, building & construction, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the flame retardants in the global plastic additive market?
Q.4 What are some changing demands of customers in the flame retardants in the global plastic additive market?
Q.5 What are the new developments in the flame retardants in the global plastic additive market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this flame retardants in the global plastic additive area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this flame retardants in the global plastic additive market?
Market Segmentation:
Based on product type, the flame retardants in the global plastic additive market is segmented into polyvinyl chloride, polyolefin, polyurethane, acrylonitrile butadiene styrene, polycarbonate, epoxy, polyester, and others. The polyurethanes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to their widespread application in the building & construction and transportation sectors.
APAC will remain the largest region due to an increase in vehicle production and construction activities and growing demand for flame retardants in electrical and electronics and aerospace industries in the region.
Key Players in the flame retardants in the global plastic additive market are Covestro AG, DuPont, SABIC, Borealis AG, Huntsman Corporation, and Olin Corporation.
Request Sample Pages by clicking on https://www.lucintel.com/flame-retardants-in-plastic-additive-market.aspx
The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/flame-retardants-in-plastic-additive-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy AlmaguerLucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/
