Market studies, for sale online, expect sustained growth in flame retardants worldwide, but numbers vary widely. Most reports suggest electronics, construction and transport as key growth sectors.
The range in numbers given as estimates for today’s global flame retardant market is more than a factor of four. This suggests that possibly these reports, which all claim to cover the world “flame retardant” market, may not be including the same things. The range in estimates of expected annual market growth is over 60%. All reports however expect sustained annual growth of the world flame retardant market, of 4.5% to 7.3 % CAGR. Estimates for market growth of non-halogenated FRs are generally slightly higher, but given the wide variations it is doubtful whether this is meaningful.
| Billion US$ | Growth CAGR | Current market | To reach |
| Global market all FRs | |||
| BrainyInsights | 7.3% | 8.6 bn US$ (2022) | 15.0 bn US$ (2030) |
| DataBridge | 6.2% | 12.8 bn US$ (2021) | 20.7 bn US$ (2029) |
| Emergen | 5.1% | 6.7 bn US$ (2021) | 10.5 bn US$ (2030) |
| FutureMarketInsights | 7.1% | 7.5 bn US$ (2020) | 17.0 bn US$ (2032) |
| For comparison: previous report FutureMarketInsights |
5.9% | 7.5 bn US$ (2020) | 11.2 bn US$ (2027) |
| ReportLinker | 4.5% | 15.3 bn US$ (2022) | 21.7 bn US$ (2030) |
| ResearchandMarkets | 5.1% | 7.2 bn US$ (2022) | 9.2 bn US$ (2027) |
| For comparison: previous report ResearchandMarkets | 5.9% | 8.2 bn US$ (2021) | 13.6 bn US$ (2030) |
| GrandViewResearch (GVR) | 8.0 % | 7.5 bn US$ (2020) | 13.8 bn US$ (2028) |
| Other previous reports | |||
| MarketResearchGuru | 4.3% | 3.3 bn US$ (2022) | 4.3 bn US$ (2028) |
| AlliedMarketResearch | 6.6% | 7.4 bn US$ (2020) | 14.0 bn US$ (2030) |
| MarketsandMarkets | 5.1% | 7.2 bn US$ (2022) | 9.2 bn US$ (2027) |
| P&SIntelligence | 5.3% | 7.6 bn US$ (2021) | 12.0 bn US$ (2030) |
| Global market non-halogenated FRs | |||
| Zion | 8.5% | 4.1 bn US$ (2021) | 6.8 bn US$ (2028) |
| Other previous reports | |||
| CoherentMarketInsights | 6.4% | 3.0 bn US$ (2019) | 5.0 bn US$ (2027) |
| IndustryArc | 8.0% | 4.9 bn US$ (2022) | 7.2 bn US$ (2027) |
| VerifiedMarketResearch | 8.6% | 4.1 bn US$ (2020) | 7.9 bn US$ (2028) |