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Non Halogenated Flame Retardants Market Analysis And Segment Forecasts 2012 To 2020: Hexa Research
Non Halogenated Flame Retardants Market Analysis And Segment Forecasts 2012 To 2020: Hexa Research
Market research report on Non Halogenated Flame Retardants market by Hexa Research provides a clear picture about the worldwide development of the Non Halogenated Flame Retardants industry and recent key trends based on detailed statistical analysis.
Felton,
California,
United States of America
(prbd.net)
20/04/2015
Industry Insights
Global increase in safety regulations pertaining to fire hazards in infrastructure & electrical industry is expected to drive non halogenated flame retardant market growth over the next six years. Increase in impose of government regulations for ban of halogenated retardants is expected to fuel market growth. Government associations such as WEEE & REACH in Europe, environmental protection agency (EPA) in U.S. and CEPA in Canada are imposing strict regulations to safeguard environment and consumers. Non halogenated flame retardant is recyclable and produces less smoke & heat emissions, therefore making them more preferable over traditional halogen systems posing hazardous threat to consumers & environment. Global increase in spending on infrastructure activities mainly from regions of Asia Pacific is expected to significantly augment non halogenated flame retardant market growth.
Growing demand for engineering plastics worldwide owing to its application in automobiles and electronics sector is expected to fuel non halogenated flame retardant market growth. Non halogenated flame retardant is expected to emerge as a dominant additive in engineering plastics owing for meeting customer specifications without compromising on quality. Public transportation system, where escape is a key requirement, prefers non halogenated systems owing to their low fume density and toxicity. Non halogenated flame retardant requires processing with excessive loadings which may hamper the market growth. Increase in nanotechnology investments is expected to provide a key opportunity for non halogenated flame retardant market growth. Nanotechnology is expected to reduce production costs and improve fire retardant properties.
Access Full Research Report With Full TOC And Request For Sample Report On Non Halogenated Flame Retardants Market at: http://www.hexaresearch.com/research-report/non-halogenated-flame-retardants-market-analysis-segment-forecasts-2020/
Product Insights
Aluminium hydroxide dominated non halogenated flame retardant market in terms of consumption of volume owing to its use in infrastructure & electrical sector. Aluminium hydroxide is expected to account for a major share in consumption over the forecast period from 2014 to 2020. As on 2013, phosphorous based flame retardants accounted for over half of the market share in terms of revenue contribution owing to benefits from loading levels and mechanical properties. Phosphorous based retardant is expected to generate high revenues despite being lowest consumed in the segment over the forecast period of 2014 to 2020.
Application Insights
Key application segment of non halogenated flame retardant includes its use as an additive for manufacturing of engineering plastics which are majorly used in infrastructure and automobile sectors. Polyolefin segment accounts a major share in market for use of non halogenated flame retardant additives followed by epoxy resin and UPE segments. These three segments are expected to follow the same trend over the forecast period of 2014 to 2020 in terms of revenue and volume.
Styrenics has been the lowest performing segment over the past few years and rubber is anticipated to witness slower growth rates over the forecast period of 2014-2020. PVC and ETP applications add to the rest of the remaining segments for use of non halogenated flame retardant.
For More Informaion About Category Of Non Halogenated Flame Retardants Market at: http://www.hexaresearch.com/research-category/bulk-chemicals/
End Use Insights
Non halogenated flame retardant predominantly finds application in the end-use industry such as infrastructure and electrical. They are majorly used in global infrastructure sector for building materials, coatings, wire & cables and paints and accounted for approximately 35% of the revenue generation for year 2013. Electrical industry is anticipated to witness higher growth rates owing to increasing application of non halogenated flame retardant additives used in polymers for manufacturing electrical equipments.
End-use segments such as furniture and textile have shown lower growth rates in terms of volume and revenue and are expected to show similar trends over the forecast period of 2014-2020.
Regional Insights
North America dominated non halogenated flame retardant market in terms of volume owing to stringent environmental regulations imposed by government. North America is expected to continue the same trend over the next six years. Following North America, major demand is expected from matured markets of Europe owing to increasing awareness and stringent environment regulations.
Other significant demand is expected from emerging economies of Asia Pacific. Countries such as China and India are expected to show higher growth rates from this region owing to the presence of major end-use industries.
ABOUT Hexa Research
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact:
Michelle Thoras
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Web: http://www.hexaresearch.com/
About
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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