The Business Research Company’s report on the Halogen-Free Flame Retardants Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the halogen-free flame retardants market’s growth in recent years?
Growing health concerns regarding the use of halogen-based flame retardants because of the polluted environment are expected to propel the growth of the halogen-free flame retardants market going forward. Several regulations are being introduced for the growing concerns regarding human health through environmental pollution, which had resulted in the ban of several halogen-based flame retardants across the world, and as a result, increases the demand for the halogen-free flame retardants market. For instance, in July4, according to The Copernicus Climate Change Service, a Europe-based agency, The ERA5 dataset recorded a new daily global average temperature high of 17.16°C, surpassing the previous record of 17.09°C set just a day earlier on July 21, 2024, and the 17.08°C record from the previous year on July 6, 2023. Therefore, growing health concerns regarding the use of halogen-based flame retardants because of the polluted environment drive the growth of the halogen-free flame retardants market.
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How does the future projection of the halogen-free flame retardants market size compare to its historical growth?
The halogen-free flame retardants market size has grown rapidly in recent years. It will grow from $5.78 billion in 2024 to $6.39 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to environmental concerns, safety standards, consumer preferences, growth in construction industry, awareness in textile industry, research and development initiatives.
The halogen-free flame retardants market size is expected to see rapid growth in the next few years. It will grow to $9.37 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to increasing stringency of regulations, rising focus on circular economy, growth in electrical and electronics (E&E) recycling, urbanization and infrastructure development, shift towards sustainable packaging, health and safety awareness. Major trends in the forecast period include increasing focus on safety in construction materials, rising demand in electronics and electrical applications, innovation in product formulations, research and development in bio-based flame retardants, collaborations and partnerships.
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Which key players are shaping the future of the halogen-free flame retardants market?
Major companies operating in the halogen-free flame retardants market are Clariant AG, LANXESS, J.M. Huber Corporation, Israel Chemicals Limited, Nabaltech AG, BASF SE, Italmatch Chemicals s.p.a., Dupont De Nemours Inc., Albemarle Corporation, Akzo Nobel N.V., DSM N.V., FRX Polymers Inc., Greenchemicals SpA, ICL Industrial Products, Jiangsu Yoke Technology Co. Ltd., Kisuma Chemicals, Kyowa Chemical Industry Co. Ltd., Lanpoly Chemical Industrial Co. Ltd., Nippon Carbide Industries Co. Inc., Oceanchem Group Limited, Sinochem Group, Sumitomo Chemical Co. Ltd., Thor Group Limited, Tosoh Corporation, Zhejiang Wansheng Co. Ltd., Presafer Uluslararasi A.S., Budenheim Iberica S.L., Aurum Chemicals Corporation, AGC Chemicals Americas Inc.
What trends will propel the growth and evolution of the halogen-free flame retardants market?
Technological advancement is a key trend in the halogen-free flame retardants market. Major companies in the halogen-free flame retardants market are advancing in their new technologies and research and developments halogen-free flame retardants market. For instance, in July 2022, BASF a Germany – based manufacturer and chemical producer, and THOR GmbH, a Germany-based manufacturer of chemical products, combined their expertise to introduce non -halogenated flame retardance additives- a vital component for plastic components or composites that are frequently used in transportation, construction, domestic, and industrial applications since unintentional exposure to heat and flame can cause catastrophic damage and put lives in danger. For polyolefins, which are traditionally a difficult flame resistance application, the combined flame-retardant additives offer customers and end users with the advanced benefits of BASF’s halogen-free flame retardant Flamestab and THOR’s phosphonates AFLAMMIT technology.
Which regions are expected to become dominant players in the halogen-free flame retardants market?
North America was the largest region in the halogen-free flame retardants market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the halogen-free flame retardants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the halogen-free flame retardants market, and how are they evolving?
The halogen-free flame retardants market covered in this report is segmented –
1) By Type: Aluminum Hydroxide, Organophosphorus, Other Types
2) By Application: Polyolefins, Epoxy Resin, Unsaturated Polyester, Polyvinyl Chloride, Rubber, Engineered Thermoplastic, Styrenics, Other Applications
3) By End User: Textile, Transportation, Wires And Cables, Electrical And Electronics, Building And Construction
Subsegments:
1) By Aluminum Hydroxide: Micronized Aluminum Hydroxide, Non-Micronized Aluminum Hydroxide
2) By Organophosphorus: Phosphate Esters, Phosphonates, Phosphinates
3) By Other Types: Magnesium Hydroxide, Intumescent Flame Retardants, Silicate-Based Flame Retardants, Natural Fiber-Based Flame Retardants
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What defines the structure and scope of the halogen-free flame retardants market?
Halogen-free flame retardants refer to a substance that lacks a certain group of halogen elements and is said to be halogen-free (fluorine, chlorine, bromine, iodine, and astatine). In addition to poisonous gases that are hazardous to people, these fire components also cause metals to corrode.
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