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Thursday, 24 October 2019
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Markets & companies, Raw materials market

Flame retardants market to grow

Thursday, 21 July 2011

As more and more plastics and other flammable materials are used, flame retardants are gaining increasing importance. The new "Market Study: Flame Retardants" by Ceresana Research forecasts thatglobal flame retardant revenues will

"The development of the flame retardant industry is greatly influenced by legal situations and industrial standards," explains Oliver Kutsch, CEO of Ceresana. Source: Yantra-Fotolia.com
"The development of the flame retardant industry is greatly influenced by legal situations and industrial standards," explains Oliver Kut...

As more and more plastics and other flammable materials are used, flame retardants are gaining increasing importance. The new "Market Study: Flame Retardants" by Ceresana Research forecasts that global flame retardant revenues will rise to approximately US$5.8 billion by 2018. Demand is above all growing in the Asia-Pacific region, with China registering the greatest increase of 7% per year. As environmental restrictions mainly impact halogenated flame retardants, less controversial alternatives are being developed. The demand for organophosphates and different inorganic flame retardants is rising by 3.5% to 4.3% per year, which is significantly faster than for brominated or chlorinated flame retardants. The up-to-date market report provides detailed descriptions and analyses of the flame retardant market: Demand divided by product types as well as revenues and prices. Moreover, the study offers essential market data related to the individual application areas. The most important sales markets are construction materials especially made from PVC insulating materials, rubbers, adhesives, and paints & varnishes.

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