Forecast & Analysis of Global Flame Retardant Market Scale & Structure in 2022
Flame retardant, a functional additive that endows flammable polymers with flame retardancy, is mainly designed for the flame retardancy of polymer materials.
There are many types of flame retardants, which can be divided into additive flame retardants and reactive flame retardants according to the use method.
From the perspective of the market scale of the global flame retardant industry, the global market keeps growing year by year. According to statistics, the global market size of flame retardant industry in 2020 will be 7.19 billion US dollars. It is estimated that the market size will reach 9.3 billion US dollars by 2027, with a compound annual growth rate of about 3.74%. It is estimated that the global market size will reach 13.5 billion US dollars by 2030.
Data source: China Commercial Industry Research Institute
Market Structure
According to the product structure of the global flame retardant market segment, aluminum hydroxide, bromine and phosphorus flame retardants are still the main products. According to statistics, the global flame retardant market structure in 2020 is aluminum hydroxide, bromine, phosphorus, nitrogen and antimony trioxide, accounting for 33.3%, 21.0%, 19.0%, 7.2% and 7.7% respectively.
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However, according to the market trend in recent years and people's attention to environmental protection, the development of halogen-free flame retardants to replace halogen flame retardants has become the trend of flame retardant development in the world. Research and development of new flame retardants to reduce smoke and toxic gas during material combustion has become the main direction of research and development of major enterprises.
For example, the flame retardant of the synergistic system has high flame retardancy. Red phosphorus is one of the main flame retardant synergistic systems, which has synergistic effect on aluminum hydroxide, nitrogen and other flame retardant systems.
The synergistic flame retardants of Yinsu Company, XT-30M, XT-60M, etc., can also replace some halogen flame retardants in a high proportion, such as the use of 30% or 60% bromine antimony flame retardants.
The above is the brief introduction of Global Flame Retardant Market Scale & Structure. For more information about flame retardants, please follow our website or contact us directly. thank you!
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