Flame Retardant Plastics Market is expected to reach $66.9 Billion by 2027 – An exclusive market research report from Lucintel

May 20 19:54 2022
Flame Retardant Plastics Market is expected to reach $66.9 Billion by 2027 - An exclusive market research report from Lucintel
Trends and Forecast for the Global Flame Retardant Plastics Market
Trends, opportunities and forecast in flame retardant plastics market to 2027 by end use industry (Aerospace & Defense, Electrical & Electronics, Wire & Cable, Pipe & Tank, Building & Construction, Transportation, Marine and Others), plastics type (PVC, Polyolefin, Polyurethane, ABS, PC, PA, PBT, Epoxy, Phenolic, Polyester, Vinylester and Others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

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”

130 – Tables

170 – Figures

200 – Pages

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

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