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Global Brominated Flame Retardants Market 2019-2023| Increasing Production of Halogen-Free Flame Retardants to Boost Growth | Technavio

January 7, 2019

LONDON--(BUSINESS WIRE)--Jan 7, 2019--The global brominated flame retardants market is expected to post a CAGR of close to 4% during the period 2019-2023, according to the latest market research report by . The market is decelerating as the year-over-year growth is decreasing.

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Technavio has published a new market research report on the global brominated flame retardants market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global brominated flame retardants market is the high demand for brominated flame retardants in China. China accounted for the largest share of the global brominated flame retardants market in 2018 owing to the increasing use of halogenated compounds in the automotive, electricals and electronics, and automotive industries. In addition, China has fewer regulations and restrictions on the use of brominated flame retardants. These factors are likely to boost the demand for brominated flame retardants, thereby, driving market growth.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the increasing production of halogen-free flame retardants as one of the key emerging trends in the global brominated flame retardants market:

Global brominated flame retardants market: Increasing production of halogen-free flame retardants

The production and development of halogen-free or non-halogenated flame retardants has increased significantly owing to the rise in the number of restrictions and regulations on the use of brominated flame retardants. In October 2017, LANXESS, a German company, expanded its portfolio of halogen-free flame retardants based on polybutylene terephthalate (PBT) and polyamide (PA 6 and PA 6,6). Halogen-free flame retardant Technyl materials are suitable for electrical protection devices that require excellent flame retardance, minimized tooling corrosion, and optimum surface aspect. Thus, the increasing production of halogen-free flame retardants will drive the growth of the market.

“Apart from the high demand for brominated flame retardants in China, factors such as the increasing demand for plastics, and the high demand from electronics and electricals industry will drive the growth of the global brominated flame retardants market during the forecast period,” says a senior analyst at Technavio.

Global brominated flame retardants market: Segmentation analysis

This market research report segments the global brominated flame retardants market by end-user (electrical and electronics, construction, and transportation) and geographical regions (APAC, EMEA, and the Americas).

The APAC region led the market in 2018, followed by the Americas and EMEA respectively. The APAC region will continue to dominate the market with the highest incremental growth during the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005582/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/07/2019 10:20 AM/DISC: 01/07/2019 10:20 AM

http://www.businesswire.com/news/home/20190107005582/en

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