A number of new market studies predict continuing growth for flame retardant demand, particularly for PIN FRs. DataMintIntelligence predict 6.2% growth for overall FR markets worldwide 2019-2026, with increasing application in construction, E&E and generally in plastics. TrendsMarketResearch (TMR) on the other hand predict a 3.7% growth rate in volume for FRs worldwide 2018-2023. TMR however predict the global FR masterbatch market to grow 8% in value 2019-2027 (from US$ 1.8 billion), with E&E and cables, construction and electric vehicles identified as sectors leading growth. For PIN FRs, DataBridgeMarketResearch predicts growth of 8.44% for 2019-2026 (from US$ 4.31 billion 2018), driven by increasing regulatory requirements for both fire safety and “environmentally friendly” FRs. Specifically for PIN FR cables, InsightPartners, predicting 10.7% growth for low smoke zero halogen (LSZH) cables 2019-2027 (from US$ 2.5 billion 2018), driven by new testing standards for cables smoke emission and toxicity and corrosion resulting from non-LSZH cables in case of fire. Acumen predict 4.9% growth 2019-2026 for intumescent coatings (to reach US$ 1.5 billion 2026), driven especially by passive fire protection of steel structures in the oil and gas industries.
DataMintIntelligence, FR chemicals worldwide 2019-2026 https://marketmirror24.com/2019/07/flame-retardant-chemicals-market-is-growing-at-a-cagr-of-6-2-during-the-forecast-period/
TrendMarketResearch global FR market 2018-2023 https://www.trendsmarketresearch.com/report/analysis/BCC/flame-retardant-chemicals-market
TrendMarketResearch global FR masterbatch market 2019-2027 https://www.transparencymarketresearch.com/pressrelease/flame-retardant-masterbatches-market.htm
DataBrdidgeMarketResearch “Global Halogen-Free Flame Retardant Market – Industry Trends and Forecast to 2026” https://www.databridgemarketresearch.com/reports/global-halogen-free-flame-retardant-market/
InsightPartners global “Low Smoke Zero Halogen Cable Market to 2027” https://www.theinsightpartners.com/reports/low-smoke-halogen-free-cable-market/
Acumen “Intumescent Coatings to Reach US$ 1.5 Billion by 2026” https://www.acumenresearchandconsulting.com/intumescent-coatings