The latest report, titled ‘Global Flame Retardant Plastics Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Flame Retardant Plastics Market scenarios. The research report provides the reader with an in-depth interpretation of the Flame Retardant Plastics Market dynamics, including the crucial drivers, opportunities, threats, and challenges.
The global flame retardant plastics market is projected to be worth USD 61.87 Billion by 2027, according to a current analysis by Emergen Research. The flame retardant plastics market is observing high demand attributed to the growing demand from the aerospace and defense sector. A rise in the number of flying hours necessitates the implementation of enhanced safety measurements for on-flight passengers, crew, and valuables. Fire hazards in an aircraft are a leading cause of aircraft accidents and maybe averted by deploying an appropriate flame retardant plastic in the design and manufacturing of an aircraft and interior furnishing. Besides, the use of flame retardant plastic makes the aircraft lightweight and decreases fuel
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Some Key Highlights from the Report
- In October 2019, Polymaker, a firm engaged in advanced additive manufacturing materials, entered into a partnership with Covestro AG for the introduction of three innovative multipurpose polycarbonate-based additive manufacturing materials for several industrial applications.
- Brominated flame retardant plastics find usage in electrical electronic equipment, including computers, televisions, radios, washing machines, and refrigerators. Also, these are used in also used in automotive and building construction applications.
- The carbon fiber reinforced polymers find substantial consumption of flame retardants due to its extensive usage in the production of aircraft components such as the cockpit, tanks, bulkheads, payload fairing, wing-body fairing, seat components, and doors.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top competitors of the Flame Retardant Plastics Market profiled in the report include:
Covestro AG, DuPont, SABIC, Borealis AG, Huntsman Corporation, Olin Corporation, BASF SE, LyondellBasell, Showa Denko AA, and HEXION Inc., among others.
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Emergen Research has segmented the global flame retardant plastic market on the basis of material type, polymer group, application, and region:
Polymer Type Outlook (Revenue, USD Billion; 2017-2027)
- Polyvinyl Chloride
- Polyolefin
- Polyurethane
- Acrylonitrile Butadiene Styrene
- Polycarbonate
- Epoxy
- Polyester
- Others
Polymer Group Outlook (Revenue, USD Billion; 2017-2027)
- Thermoset
- Thermoplastic
Application Outlook (Revenue, USD Billion; 2017-2027)
- Aerospace Defense
- Electrical Electronics
- Wire Cable
- Pipe Tank
- Transportation
- Building Construction
- Marine
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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Market Overview:
The research report on the Flame Retardant Plastics Market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Flame Retardant Plastics business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Flame Retardant Plastics Market size and share for the projected period of 2021-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Flame Retardant Plastics Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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