Global Market for Flame Retardant Chemicals to touch 1.9 million MTs by 2012
Tuesday 04 Oct 2011
Hyderabad, 04 Oct 2011 - Industry Experts, a multi industry focused market research firm, has released a new market research report ‘Flame Retardant Chemicals – A Global Market Overview’. According to the new report, global market for flame retardant chemicals is estimated to reach 1.8 million metric tons in 2011 valued at US$4.5 billion and further projected to reach 2.6 million metric tons valued at US$6.2 billion by 2017. Recovering from the recent economic slump, the flame retardants market is expected to register the robust growth rate between 2010-2017 with a CAGR of 5.9% and 6.9% respectively for volume and value.
Demand for flame retardants is mainly driven by increased security measures and the new regulatory guidelines for reducing toxic chemicals. With governments setting new standards for flammability and smoke for a gamut of products, innovation takes the front seat with a chance of entering the market and making it big. Nanotechnology is expected to be the next big thing in the context of improving performance, creating, amongst others, polymer-clay composites. The global market for Flame Retardant Chemicals, in terms of volume, is expected to reach 1.9 million metric tons by 2012 valued worth US$5.1 billion.
Market for Flame Retardant Chemical types analyzed in this study comprise Aluminum Hydrates, Antimony Oxides, Brominated Flame Retardants, Chlorinated Flame Retardants, Phosphorus based Flame Retardants and Other for major global markets. The report also includes the market analysis for end-use application areas of flame retardant chemicals – Automobile, Construction, Electrical & Electronics, Wires & Cables and Others for global and key regional markets. The report analyses the flame retardants global market in terms of metric tons which also includes an overall global chart in terms of USD Million.
The report reviews, analyses and projects the Flame Retardant Chemicals market for global and the regional markets including the United States, Europe, Asia-Pacific China, Japan and Rest of World. The regional markets further analyzed for 7 more independent countries across Europe – France, Germany, Italy and the United Kingdom; Asia-Pacific – India, South Korea and Taiwan.
This 235 page global market report includes 103 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region, chemical type and application area.
The report covers the brief business profiles of 48 key global players and 55 major players across the United States – 22; Europe – 20; Asia-Pacific – 1; China – 5; Japan – 6; and Rest of World – 1. The report also provides the listing of the companies engaged in research and development, equipment manufacturing, processing, supplies and distribution of flame retardants. The global list covers the addresses, contact numbers and the website addresses of 602 companies.
For more details please visit: http://industry-experts.com/verticals/chemicalsandplastics/flame-retardant-chemicals-a-global-market-overview-oct-2011.html