Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

World Flame Retardants

% of readers think this story is Fact. Add your two cents.


World demand to increase 4.6% annually through 2018
Global demand for flame retardants is projected to expand 4.6 percent per year through 2018 to 2.8 million metric tons, valued at $7.0 billion. Advances will be stimulated by an acceleration in manufacturing output, especially in the US, Japan and Western Europe, as they recover from the recession-impacted 2008-2013 period. In industrializing countries, continued robust economic growth and increasing market penetration for flame retardants, as building codes are more strictly enforced, will fuel sales increases. Rising personal incomes will also contribute to sales of flame retarded plastic products, such as automobiles containing advanced plastics, as well as foamed plastic insulation and vinyl flooring in homes.

Asia/Pacific region to register fastest growth
The Asia/Pacific region will post the fastest growth in demand of any area around the world and retain its position as the largest regional market, accounting for more than half of 2018 global flame retardant consumption. China and India will be the most rapidly expanding national markets worldwide, followed by Thailand. Rising urbanization, along with climbing personal incomes in these nations, will stimulate a heightened awareness of fire safety and more strictly enforced building codes. Central and South America and the Africa/Mideast region will also record above average sales increases for flame retardants. North American demand will rise at a faster pace than other developed areas due to a forecast rebound in the US construction market, but will remain below the global average. Flame retardant markets in Western Europe and Japan, while rebounding from 2008-2013 declines, will nevertheless trail the pace of world growth considerably.

Phosphorus-based flame retardants to grow the fastest
Alumina trihydrate (ATH) was the most widely used flame retardant in the world in 2013, accounting for nearly one-third of global consumption, and it is expected to retain its dominance in the product mix through 2018. Phosphorus-based flame retardants, on the other hand, will record the fastest market gains of any major product type. Other flame retardants, such as magnesium hydroxide (MDH) and melamine, will also record above average gains. Halogenated retardants, represented by bromine- and chlorine-based products, are being phased out across the globe due to their perceived environmental and human health risks, creating an opportunity for suppliers of alternative flame retardants to replace them. Nevertheless, the introduction of less hazardous formulations by halogenated retardant suppliers will support gains to a degree.

Construction applications to record strongest gains
Sales of flame retardants used in construction applications will record the strongest growth of any major market through 2018. It will also account for the largest share of the market in that year with 28 percent of the total worldwide. A sizable rebound in US construction spending and rising flame retardant utilization rates in developing countries will spur demand. As populations become ever more concentrated in urban centers, it will be of greater importance to strictly enforce building codes to reduce incidences of fire, bolstering flame retardant sales in such products as foamed plastic insulation and vinyl flooring. This will stimulate demand in related markets as well, such as furniture, home electronics, and wire and cable.

For more info :   World Flame Retardants

For more related reports : https://www.bharatbook.com/industry-mfg-market-research-report/materials-chemicals.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.