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Report Overview
The global flame retardant masterbatches market attained a value of almost USD 2530.67 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 10.2%.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Flame Retardant Masterbatches Market Analysis
The global flame retardant masterbatches market is being driven by the rising popularity of non-halogenated flame retardant chemicals. However, the stringent government regulations in Europe and North America regarding the usage of toxic flame retardants are expected to hamper the growth of the market. The Asia Pacific leads the market, owing to the rising complexity of vehicles in India and China. Japan, being one of the top three producers of automotive vehicles in the world, provides further impetus to the growth of the industry in the Asia Pacific region, and thus, aids the global market growth as well.
Based on types, alumina trihydrate accounted for the significant market share in 2017 due to its high demand in the production of thermoplastics, particularly in developing economies like China, India, and Brazil. The building and construction segment is dominating the market, currently, due to the increasing demand for the product in the construction sector to provide superior structural integrity.
Flame Retardant Masterbatches Market Report Snapshots
Flame Retardant Masterbatches Market Size
Flame Retardant Masterbatches Market Analysis
Flame Retardant Masterbatches Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124