The
demand for non-halogenated flame retardants was 1,077.8 kilo tons in
2011 and is expected to reach 1,730 kilo tons in 2018, growing at a
CAGR of 7.1 % from 2012 to 2018. In terms of revenue, the market was
valued at USD 1.26 billion in 2011 and is expected to reach USD 2.15
billion in 2018, growing at a CAGR of 8.1% from 2012 to 2018.
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The
global demand for non-halogenated flame retardants is expected to be
driven by fire safety regulations concerning risk of fire hazards in
end-use industries such as electrical and construction. Halogenated
retardants are considered to be toxic and have adverse effects on
human and animal life, owing to which end-use industries are now
shifting towards non-halogenated flame retardants. However, issues in
functional properties such as loading levels may restrain market
demand in the coming years.
North
America accounted for 41.8% of the global non-halogenated flame
retardants market in 2012, followed by Europe and Asia Pacific with
33.3% and 22.5% market share respectively. Asia Pacific is expected
to be the fastest growing market for non-halogenated flame retardants
owing to growth of major end-use industries in China and India.
Aluminum
hydroxide, which finds application in construction and electrical
equipment accounted for over 70% of the total market demand in 2012.
Phosphorus based non-halogenated flame retardants are expected to
have highest CAGR of 7.7% for period from 2012 to 2018 owing to its
benefits in mechanical properties and loading levels.
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Non-halogenated
flame retardants are majorly used in the construction industry for
building materials, paints, coatings, wires and cables across the
globe. The construction industry accounted for 41.4% market share in
2012. Electrical industry is expected to be the fastest growing
end-use industry with a CAGR of 7.6% for the period from 2012 to
2018, owing to increasing application of non-halogenated flame
retardants in the polymers used in electrical equipment.
Non-halogenated flame retardants also find applications as additives
in various polymers such as polyolefins, epoxy resins, UPE, ETP,
rubber, styrenics and PVC. Polyolefins accounted for 23.1% share of
the market in 2012, whereas Engineering Thermoplastic (ETP) retardant
demand is expected to be the fastest growing application at an
estimated CAGR of 7.6% from 2012 to 2018.
Some
of the major participants operating in the global market for
non-halogenated flame retardant include Albemarle, Clariant
International Ltd., Nabaltec AG, Israel Chemicals Ltd., Italmatch and
Chemtura Corporation among some other companies.
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The
report segments the global non-halogenated flame retardants market as
Non-Halogenated Flame
Retardants Market: Product Segment Analysis
- Aluminum Hydroxide
- Phosphorus based flame
retardants
- Other (nitrogen based flame
retardants, magnesium hydroxide)
Non-Halogenated Flame
Retardants Market: End-Use Industry Analysis
- Electrical
- Construction
- Transportation
- Others (textile, furniture)
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Non-Halogenated Flame
Retardants Market: Application Analysis
- Polyolefin
- Epoxy Resin
- Unsaturated Polyesters
- PVC
- Engineering Thermoplastics
(ETP)
- Rubber
- Styrenics
- Others (polyurethane,
synthetic fibers)
Non-Halogenated Flame
Retardants Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (Middle
East, Africa and Latin America)
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