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Posted on 17/11/2022 in Fire Safety 2022
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)
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