STUDY GOAL AND OBJECTIVES
The Global Market for Flame Retardant Chemicals presents a detailed overview of the worldwide market size, growth, and trends for this industry. The report reviews global markets for flame retardant chemicals, and forecasts trends and sales in these markets through 2014. The major chemicals, applications and industries using these products are discussed. The regulations driving this market are also reviewed. The impact of regulations on the global market is evaluated. Estimates of market share by product application and chemical types are provided and analyzed. Regional consumption by chemical and by application is presented. The industry structure, including major suppliers, is also discussed.
REASONS FOR DOING THE STUDY
Government regulations and industry standards obligate manufacturers to add flame retardant chemicals to a wide range of products used every day. The irony of this industry is that some of these flame retardant products, while responsible for saving countless lives, are toxic. In order to protect consumers and the environment, regulations are in place limiting the use of specific flame retardants in specific applications. The benefits of protecting people from death and property from damage resulting from fires must be weighed against exposure to chemicals that are potentially harmful to human health and the environment. The impact these regulations have on the industry is multi-dimensional. This study will discuss the flame retardant chemicals market resulting from this balancing act between fire retardant requirements and environmental regulations.
INTENDED AUDIENCE
The Global Market for Flame Retardant Chemicals is a detailed report covering the plastics, textiles, wood/paper, coatings/paper, coatings/construction and coatings/decorations market applications. The report will assist and aid in strategic planning for companies supplying flame retardants to customers in these markets, as well as end-users of flame retardants and flame-retarded products, and those needing further information about this industry. Information will be provided to support estimates.
REPORT HIGHLIGHTS
The global market for flame-retardant chemicals was worth $4.1 billion in 2008 and a projected $4.3 billion in 2009. It should reach $6.1 billion by 2014, for a compound annual growth rate (CAGR) of 7.0%.
The global fl ameretardant chemicals industry used 3.2 billion pounds of materials in 2008. This is expected to increase to 3.4 billion pounds in 2009, and 4.3 billion pounds in 2014, for a CAGR of 5.0%.
Studies have shown that a burning room containing fl ameretardant products releases 75% less heat and 33% fewer toxic gases than a room that lacks the products.
SCOPE OF REPORT
The scope of this study includes the chemicals used for flame retardant purposes. The chemicals are evaluated by retardant mechanism and by chemical type, and by end-use application. Particular attention is paid to the plastics industry. The current flame retardant chemicals market is assessed and compared to historical market performance. Projected sales for the industry as a whole are forecast by application and type. The market is also valued on a regional and worldwide scale. The impacts of the industries using flame retardant products are discussed.
METHODOLOGY
BCC evaluates each flame retardant chemical application and type. To make projections for the future of the flame retardant chemicals market, a correlation between products using flame retardant chemicals and the annual sales of flame retardant chemicals was developed. Interviews were conducted with raw material suppliers, flame retardant chemical companies, and end user company representatives to compile a full picture of the future of the flame retardant chemical marketplace.
