Flame Retardant Plastics Market Business Opportunities, Demand, Insights Research And Outlook 2027

The global flame retardant plastics market is projected to be worth USD 61.87 Billion by 2027, according to a current analysis by Emergen Research. The flame retardant plastics market is observing high demand attributed to the growing demand from the aerospace and defense sector. A rise in the number of flying hours necessitates the implementation of enhanced safety measurements for on-flight passengers, crew, and valuables. Fire hazards in an aircraft are a leading cause of aircraft accidents and maybe averted by deploying an appropriate flame retardant plastic in the design and manufacturing of an aircraft and interior furnishing.

The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.

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Key Highlights From The Report

· In October 2019, Polymaker, a firm engaged in advanced additive manufacturing materials, entered into a partnership with Covestro AG for the introduction of three innovative multipurpose polycarbonate-based additive manufacturing materials for several industrial applications.

· Europe contributed to the second-largest market share in 2019 due to the increasing application of flame retardant plastics in the aerospace and automotive sector, along with a rise in the number of construction projects in Eastern Europe. Besides, stringent legislative regulation for the use of environmental-friendly flame retardant materials is causative of the market growth in the region.

· Key participants include Covestro AG, DuPont, SABIC, Borealis AG, Huntsman Corporation, Olin Corporation, BASF SE, LyondellBasell, Showa Denko AA, and HEXION Inc., among others.

Flame Retardant Plastics Market Segmentation:

Emergen Research has segmented the global flame retardant plastic market on the basis of material type, polymer group, application, and region:

· Polymer Type Outlook (Revenue, USD Billion; 2017-2027)

o Polyvinyl Chloride

o Polyolefin

o Polyurethane

o Acrylonitrile Butadiene Styrene

o Polycarbonate

o Epoxy

o Polyester

o Others

· Polymer Group Outlook (Revenue, USD Billion; 2017-2027)

o Thermoset

o Thermoplastic

· Application Outlook (Revenue, USD Billion; 2017-2027)

o Aerospace & Defense

o Electrical & Electronics

o Wire & Cable

o Pipe & Tank

o Transportation

o Building & Construction

o Marine

o Others

Key Geographical Segments:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Global Flame Retardant Plastics Market Report:

· Comprehensive analysis of the changing competitive landscape

· Assists in decision making processes for the businesses along with detailed strategic planning methodologies

· The report offers an 8-year forecast estimation and assessment of the Global Flame Retardant Plastics Market

· Helps in understanding the key product segments and their estimated growth rate

· In-depth analysis of market drivers, restraints, trends, and opportunities

· Comprehensive regional analysis of the Global Flame Retardant Plastics Market

· Extensive profiling of the key stakeholders of the business sphere

· Detailed analysis of the factors influencing the growth of the Global Flame Retardant Plastics Market

Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Flame Retardant Plastic Market Segmentation & Impact Analysis 4.1. Flame Retardant Plastic Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing demand from the aerospace and defense sector 4.2.2.2. Growing demand from the electrical & electronics sector 4.2.2.3. Rising demand for thermoplastics to reduce carbon emission 4.2.2.4. Increased investments in R&D 4.2.3. Market restraints analysis 4.2.3.1. Fluctuating price of raw materials 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

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