Market Size

The global flame retardants market for engineering resin size is valued at USD 1.7 billion in 2021 and is estimated to reach a value of USD xx billion in 2027. The flame retardants market for engineering resins analysis shows that it will grow with a CAGR of 7.2% over the forecast period of 2021 to 2027.

Market Driver

The increased need for engineering plastics in different sectors is driving the market. The flame retardants market for engineering resins' driving factors are the expansion of end-use industries and the tightening of fire safety requirements. Globally, North America is the most important market for flame retardants in engineering resins, followed by Europe and APAC. To reduce vehicle weight and boost component efficiency, engineering polymers are increasingly being employed as steel alternatives in automotive production processes. To make products and comply with government norms and regulations, car manufacturers are progressively using new and innovative materials. This has boosted demand for engineering resins, which in turn has boosted demand for flame retardants. Electric wire insulation is the most common use of flame retardants in the building and construction and transportation industries. Circuit boards, electronic housing, and wires and cables systems all employ flame retardants. The need for flame retardants in engineered resins is being driven by strict fire safety rules to minimize the spread of flames in residential and commercial structures. To fulfill flammability regulations, flame retardants are utilized in electrical goods. They're popular because of their ease of mixing, strong flame resistance, and electrical insulation, as well as their compatibility with electronics. Halogenated flame retardants were previously utilized; however, they are harmful. When electrical items are exposed to fire, halogen is released into the environment, which is very dangerous. As a result, businesses are increasingly turning to greener and safer alternatives, such as halogen-free flame retardants. The widespread use of technology and the rapidly rising middle-class population are two main elements driving the industry's rapid expansion.

Segment Outlook

On the basis of type, we can divide the market into Brominated, Phosphorous, and Others. The Brominated segment is estimated to be the largest segment over the forecast period.  Based on application, the market is segmented into PA, ABS, PET & PBT, PC, PC /ABS Blends and Others. The ABS application segment is estimated to be the largest segment over the forecast period.  Based on end use, the market is segmented into Electrical & Electronics and Automotive & Transportation.

Regional Outlook

The Flame Retardants Market for Engineering Resins research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for flame retardants by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027. We can segment the market of flame retardants by region and then by country and segment. It has been estimated that North America accounted for the largest market share in global Flame Retardants Market for Engineering Resins. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting Flame Retardants Market for Engineering Resins and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Company Profile Outlook

Our report has key profiles of this market which include Albemarle Corporation(US), Israel Chemicals Ltd(Israel), LANXESS AG(Germany), Clariant  AG (Switzerland), BASF SE(Germany), Huber Engineered Materials(US), Nabaltec AG (Germany), Italmatch Chemicals S.p.A(Italy), DuPont de Nemours (US), RTP Company(US) and Budeheim Chemicals KG (Germany). However, we have also considered other companies for detailed primary interviews.

Research Methodology

Flame Retardants Market for Engineering Resins report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Flame Retardants Market for Engineering Resins Size and Outlook by Type

• Brominated
• Phosphorous
• Others

Flame Retardants Market for Engineering Resins Size and Outlook by Application

• Polyamide,
• ABS
• PET & PB
• Polycarbonate
• PC/ABS blend

Flame Retardants Market for Engineering Resins Size and Outlook by End Use Industry

• Electrical & Electronics
• Automotive & Transportation

Flame Retardants Market for Engineering Resins Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Albemarle Corporation
• Clariant AG
• Israel Chemicals Ltd
• LANXESS AG
• BASF SE
• Huber Engineered Materials
• DuPont de Nemours
• Nabaltec AG
• Italmatch Chemicals S.p.A
• RTP Company
• Budeheim Chemicals KG

Actionable Outcomes

Our research report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities' decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Flame Retardants Market for Engineering Resins size
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Flame Retardants Market for Engineering Resins size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business