European Market for Flame Retardant Chemicals Worth USD 2.1 Billion by 2019 – Analysis, Technologies & Forecast Report 2015-2019 – Key Vendors: BASF SE, Akzo Nobel N.V & DuPont – Research and Markets
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/vhmvdh/european_market) has announced the addition of the “European Market for Flame Retardant Chemicals Segmented by Application, Composition and Geography (2015-2019)” report to their offering.
Flame-retardants are compounds added to or applied in surface treatment of potentially flammable materials, including textiles and plastics. They inhibit, delay production of, or suppress flames to curb the spreading of fire. The European market for flame-retardant chemicals is expected to grow at a healthy pace of 5.3% from $1.56 billion in 2013 to over $2.1 billion during the forecast period. Europe is the third largest global market for flame-retardants, occupying 22% of the global market share.
Flame-retardants can be divided into sectors by their application: electronic and electrical appliances, construction, wire & cable, automotives, textiles and others. The largest two sectors are construction and electronic & electrical appliances, together occupying more than 45% of the total market. Electronic & electrical appliances along with wire & cable are the fastest growing markets; this growth can be credited to the rise in consumer electronics goods. Stringent fire safety standards and legislations in Europe also act as a growth driver for the use of flame-retardants.
By composition, the key flame-retardants in the Asia Pacific market are- aluminium hydroxide, halogenated compounds, organophosphorus, nitrogen based compounds, inorganic compounds and organic compounds like nanocomposites and expandable graphite.
- BASF SE
- Akzo Nobel N.V.
- Clariant AG
- Chemtura Corporation
- Albemarle Corporation
- Sherwin-Williams Co.
- Tosoh Corp.
- Israel Chemicals Ltd (ICL-IP)
- Arkema S.A.
- Chemtura Corporation
- AMCOL International Corp.
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
5. Technology Overview
6. MARKET ANALYSIS AND FORECAST
For more information visit http://www.researchandmarkets.com/research/vhmvdh/european_market
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Sector: Advanced Materials, Chemicals, Flame and Fire Retardants