Flame retardant “market reports”
Market studies for sale online expect sustained growth in flame retardants worldwide but the numbers given vary hugely.
Most reports point to construction, automotive and electronics as key growth sectors, driven by growth in plastics and polymer use, in particular epoxies. Many point to increasing fire safety regulations and demand for “eco-friendly” FRs as halogenated FRs are limited by environmental and health concerns.
Billion US$ | Growth CAGR | Current market | To reach |
Global market all FRs | |||
MarketResearchGuru | 4.3% | 5.3 bn US$ (2028) | |
FutureMarketInsights | 5.9% | 11.2 bn US$ (2027) | |
AlliedMarketResearch | 6.6% | 7.4 bn US$ (2020) | 14 bn US$ (2030) |
MarketsandMarkets | 5.1% | 7.2 bn US$ (2022) | 9.2 bn US$ (2027) |
P&SIntelligence | 5% | 7.6 bn US$ (2021) | 12 bn US$ (2030) |
ResearchandMarkets | 5.9% | 8.2 bn US$ (2021) | 13.6 bn US$ (2030) |
Global market non-halogenated FRs | |||
CoherentMarketInsights | 6.4% | 5 bn US$ (2027) | |
IndustryArc | 8% | 7.2 bn US$ (2027) | |
VerifiedMarketResearch | 8.6% | 4.1 bn US$ (2020) | 7.9 bn US$ (2028) |
Global intumescent coatings market | |||
GMI GlobalMarketInsights | 6.5% | 1 bn US$ (2021) | 1.6 bn US$ (2028) |