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Non Halogenated Flame Retardants Market Size
- Report ID: GMI730
- Published Date: Aug 2016
- Report Format: PDF
Non Halogenated Flame Retardants Market Size
Non Halogenated Flame Retardants Market size was more than $1 billion in 2015 and will grow over 8% from 2016 to 2024. Increasing demand of polymer from automobile and construction industry in BRICS nations coupled with rising concerns over toxicity will drive the market in future.
Polymer is touted to substitute steel in automotive manufacturing process to reduce weight and advance efficiency which may positively influence the non-halogenated flame retardants market share. Polymers are highly inflammable and catch fire due to overheating, electric failure or lighters. Demand supply mismatch for key raw materials including aluminum hydroxide, nitrogen hydroxide and phosphorous may act as a restraint for the market. High demand for aluminum and phosphorous hydroxide from manufacturing industries may hamper the business outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2015 |
| Non Halogenated Flame Retardants Market Size in 2015: | 1 Billion (USD) |
| Forecast Period: | 2016 to 2024 |
| Forecast Period 2016 to 2024 CAGR: | 8% |
| 2024 Value Projection: | 3.4 Billion (USD) |
| Historical Data for: | 2013 to 2015 |
| No. of Pages: | 113 |
| Tables, Charts & Figures: | 192 |
| Segments covered: | Application, Product, End Use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Non Halogenated Flame Retardants Market Scope
