Halogen-Free Flame Retardants Market Research Report - Global Forecast till 2030

Halogen-Free Flame Retardants Market Research Report: Information by Type (Aluminum Trihydrate, Phosphorous-Based, Magnesium Hydroxide and others), Resin Type (Polyethylene, Polypropylene, Epoxy, Unsaturated Polyesters, Polyvinyl Chloride, Styrenics, Engineered Thermoplastics, Rubber and others), End-Use Industry (Building and Construction, Electrical and Electronics, Transportation, Consumer Goods and others) and Region (Asia-Pacific, North America, Europe, Latin America and the Middle East & Africa) - Forecast till 2030

ID: MRFR/CnM/4604-CR | August 2019 | Region: Global | 213 Pages         

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Market overview

A market that was valued at USD 3,130.7 million USD in the year 2030 and is augur to reach a value of around 5.65% CAGR during the forecast is the global Halogen-free flame retardants. The primary use of flame retardants is in materials like plastics, coatings, textiles, goals, and many. Once these are added into these materials, it ensures the fires or the delay and keeps a check on the spread. They are widely used as an alternative to halogenated flame retardants. A similar kind of fire resistance and technicalities are obtained from them as from the halogen flame retardants.

Moreover, they exhibit many advantages as compared to halogenated ones. They produce less amount of smoke and also exhibit very few toxic components. They are further divided into the following:

Nitrogen-based: Melamine cyanurate and melamine polyphosphate

Phosphorus based: Organic phosphorus, inorganic phosphorus, elemental phosphorus

Mineral flame retardants: magnesium hydroxide, aluminum trihydrate.

COVID-19 analysis

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Market Dynamics

There have been strict regulations against the use of halogenated flame retardants. This is one of the major factors that has led to the rise of halogen-free flame retardants. A directive like RoHS, WEEE by the European Union, and REACH have already restricted the use of halogenated flame retardants. This was even a topic of discussion in the early '90s when the truth behind the BFR was the same in the limelight: they could emit toxins that are non-biodegradable and bioaccumulate in living beings. This has led to the ban of halogenated flame retardants because of two main factors: 

1. It causes serious damage to the environment because of its non-biodegradable properties. Moreover, it is most likely to contribute to environmental hazards like global warming and depletion of the ozone layer.

2. It is equally dangerous for human health as it gets accumulated inside the organism and, because it does not degrade, causes serious ill effects on the health of the living beings.

Value chain analysis/Technology analysis/Regulatory implications

The regulatory implication on the Halogen-Free Flame Retardants Market has majorly been due to its counterpart's toxic elements. Hence halogen-free retardants are closely monitored by the resulting authorized to make sure that it neither causes any damage to the nor produce any ill effect in the health of the living beings. The regulations have been made specially in the substances emitted by these retardants to ensure that they are non-toxic and don't pose any hazard.

The technological analysis has been made regularly so that better chemicals and combinations can be used. This is mostly due to the reason that it needs loads of loading as compared to halogenated Flame Retardants. If this restraint can be controlled, there is no stopping them from blooming in every corner of the globe. These have proved to be useful and healthy alternatives to halogenated flame retardants. Segment overview

Halogen-free flame retardants have been classified into three main categories. These are:

Based on type: Halogen-free flame retardants can be classified into the following based type:

1. Phosphorus based

2. Aluminum trihydrate based

3. Magnesium hydroxide based

4. Others

Based on Resin type

Based on resin type, the halogen-free flame retardants can be subdivided as:

1. Epoxy

2. Rubber

3. Polyethylene

4. Engineered thermoplastics

5. Polypropylene

6. Styrenics

7. Unsaturated polyesters

8. Polyvinyl chloride

9. Others

10. Based in end-user

Based on the end-use industry

The halogen-free flame retardants market size can be subdivided into:

1. Building and constructions

2. Consumer goods

3. Electrical and electronics

4. Transportation

5. Others

Regional analysis

Based on region, Halogen-Free Flame Retardants Market is divided into Latin America, Asia Pacific, Middle East, Africa, North America, and Europe.

The largest halogen-free flame retardant market is in the Asia Pacific, with a halogen-free flame retardants market share of around 47 percent. This is mainly because most of the countries in Asia are undergoing rapid industrialization. The halogen-free flame retardants market size accounted for around 1,089.7 million USD in the year 2018. Out of all the countries in Asia, China has the largest share in the halogen-free flame retardants market. The expectation of its CAGR reaching 6.3 % during the forecast period holds strong pieces of evidence. The second-largest Halogen-Free Flame Retardants Industry in Asia is in the country of Japan, with increasing CAGR and market size. 

The region that holds the second place in the market is Europe, with a CAGR of 4.5% during the forecast period. In Europe, Germany stands on the top in the halogen-free flame retardants market with the highest CAGR among all the European countries.

Competitive landscape

Here is the list of the key players in the Halogen-Free Flame Retardants Industry Clariant AG, the comaoanybis based in Switzerland, Amini chemical corporation, which is a US-based company, a German company by the name LANXESS, Kisumu chemicals B.V. is a company based in the Netherlands, a US-based company J.M. Number corporation, Green chemicals spa which is an Italian company, A get a company Nabaltech, Celanese corporation which is based in the U.S. and BASF SE which is also a German company.

All these companies have reached high success because of the planned work and innovative ideas they have been coming out with. Moreover, product development and technological advancements within these companies have also ensured they reach the heights of success.

Recent developments

Here are few recent advancements are seen in the halogen-free flame retardants market:

‚ÄĘ In 2018, Nabaltec AG came up with its new subsidiary with the name Nabaltech SA Corporation in the united states. This is a company that has been dedicated set up to produce halogen-free flame retardants.

‚ÄĘ In 2017, the building and construction segment from the end-user industry type dominated the halogen-free flame retardants market.

‚ÄĘ The¬†halogen-free flame retardants market analysis¬†states that the most promising segment that held the share of around 45% in the global market in 3016 was aluminum trihydrate.

‚ÄĘ The polyethylene segment had the largest share in the met based on classification by the resin type.

‚ÄĘ Asia dominated the¬†halogen-free flame retardants market share¬†in the regional analysis in the year 2017.

Report overview:

It has been anticipated by¬†halogen-free flame retardants market analysis¬†that the halogen-free flame retardants market shall see a steep rise in its growth in the forecast period 2018-2023. The report provides insights on the latest industry trends and the current situation in the market. It also includes the drivers' analysis, the challenges being faced, and the opportunities for investment in the market. The report delivers a full overview of the segments based on various factors, including the regional analysis‚ÄĒthe trend for development and marketing channels. I also analyzed the report. Also, the feasibility of the projects that have been invested in is looking to invest are also analyzed thoroughly by the experts.

Report Scope:

Report Attribute/Metric Details
  Market Size   3,130.7 million 2030
  CAGR   5.65% (2021-2030)
  Base Year   2021
  Forecast Period   2021-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   type, Resin type, end-use industry
  Geographies Covered   Latin America, Asia Pacific, Middle East, Africa, North America, and Europe.
  Key Vendors    Clariant AG (Switzerland), LANXESS (Germany), J.M. Huber Corporation (US), Israel Chemicals Limited (Israel), Nabaltech AG (Germany), BASF SE (Germany), Celanese Corp. (US), RTP Company (US), Greenchemicals SpA (Italy), Kisuma Chemicals B.V. (Netherlands), and Amfine Chemical Corporation (US).
  Key Market Opportunities   This shift towards more environment-friendly alternatives
  Key Market Drivers   residential and commercial buildings are driving the demand

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Frequently Asked Questions (FAQ) :

Halogen-Free Flame Retardants Market valuation was USD 3,130.7 million.

The need for high loading levels to achieve the same effect as the halogenated flame retardants could hold back the Halogen-Free Flame Retardants Market growth.

The aluminum trihydrate segment is expected to dominate the market.

The polyethylene segment has the chance to mark better growth.