The market of flame retardant chemicals is expected to grow with the CAGR of 7.3% during 2015-2021.
It is expected that market of flame retardant chemicals will grow with a healthy pace in the upcoming years. The main reason for the growth of the market is the increasing concerns of various economies, industries and even household to prevent fire. The ability of flame retardant chemical market to suppress delay or inhibit the fire is the main reason why it is witnessing such a growth. There are a number of factors driving the market such as increasing safety regulations for fire, lesser toxic emissions, increasing use of flame retardant chemical across various industries such as furnishing, electronic equipments, transportation, textiles etc. Continuous R&D is done in the field due to which better products are developed. Various restraints affecting the market are stringent environment regulations, various health related concerns and increasing price of the chemicals.
The industry is witnessing the growth all around the world. Asia Pacific is the region having the largest share followed by North America.
Companies profiled includes
1. Acoustical Surfaces
2. Acuro organics ltd.
3. Akzo Nobel N.V
4. Albemarle Corporation
5. Alfa India
6. Basf Se
7. Bayer Materialscience Lanxess
8. Broadview technologies
9. Chemtex speciality limited
10. Chemtura Corporation
11. Chicago tribunes
12. Clariant Ag
13. E.I. Du Pont De Nemours And Company
14. Eco Star
15. Hanwha
16. ic Corporation
17. Inolex
18. Israel Chemicals Ltd (ICL)
19. Jiangsu ENTC Nuclear Technology joint stock Co. Ltd.
20. JJI Technologies Painsville, OH
21. Lanxess ic Corporation
22. Mags Novel
23. Nantong luolai chemical fibre co. ltd.
24. Niknam chemicals pvt. Ltd.
25. Pyrotech Addison
26. Rheinchemie Additives
27. Runyuan
28. Signum
29. TCI Chemicals pvt. Ltd.
30. Turning Star, Inc. Leonia NJ
