Flame Retardant Technology Advancement by 2028

Comments · 137 Views

As the chemical industry moves into 2023, strong demand for both commodity and specialty chemicals should keep prices robust throughout the year.

The global flame retardant market is expected to rise at a CAGR of 5.9% to reach USD 11,175.9 million by the end of 2027 on account of the increasing fire safety regulations adopted by various end-user industries worldwide. Flame retardants are also added to products such as electric wires, computers, mattresses, foams, automobile parts, and others for protection against fire. the market value was USD 7,091.2 million in the year 2019 and is expected to rise remarkably in the forecast period set between 2020 to 2027. A recently published report by Fortune Business Insights, titled, “Flame Retardant Market Size, Share Industry Analysis, By Chemistry (ATH, Brominated, Antimony Oxides, Chlorinated, Phosphorous Compounds, and Others), By End User (Automotive, Construction, Wire Cable, Electrical Electronics, Textile, and Others), and Regional Forecast, 2020-2027,” states that

 

Source:

https://www.fortunebusinessinsights.com/flame-retardants-market-102909

Comments
Free Download Share Your Social Apps