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Lucintel’s latest market report analyzed that flame retardant plastics provides attractive opportunities in the electrical & electronics, building & construction, transportation, wire & cable, pipe & tank, aerospace & defense, and marine industries. The flame retardant plastics market is expected to reach $66.9 billion by 2027 with a CAGR of 3%. In this market, polyurethane is the largest segment by polymer, whereas wire & cable is largest by end use industry. The increasing demand for non-halogenated polymers provides strategic growth path in this market.
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Based on polymer, the flame retardant plastics market is segmented into PVC, polyolefin, polyurethane, ABS, PC, PA, PBT, Epoxy, Phenolic, Polyester, Vinylester, and others. The polyurethane segment is accounted for the largest share of the market in 2021 due to the increasing demand for PU foam in building & construction and transportation industries and polyolefin is expected to register the highest CAGR during the forecast period due to increasing demand halogen-free and low smoke wire and cables.
Browse in-depth TOC on “Flame Retardant Plastics Market”
The flame retardant plastics market is marked by the presence of several big and small players. Some of the prominent players offering flame retardant plastics include BASF, DowDupont, Sabic, LyondellBasell, Mitsui Chemicals, Sumitomo Chemical, Huntsman, Hexion, and Momentive
https://www.lucintel.com/flame-retardant-plastics-market.aspx
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected] .
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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