The global flame retardant plastics market is projected to be worth USD 61.87 Billion by 2027, according to a current analysis by Emergen Research. The flame retardant plastics market is observing high demand attributed to the growing demand from the aerospace and defense sector. A rise in the number of flying hours necessitates the implementation of enhanced safety measurements for on-flight passengers, crew, and valuables. Fire hazards in an aircraft are a leading cause of aircraft accidents and maybe averted by deploying an appropriate flame retardant plastic in the design and manufacturing of an aircraft and interior furnishing.

Furthermore, the report is further updated with the latest market scenario pertaining to the aftereffects of the COVID-19 pandemic. The pandemic has affected every segment of life by inducing financial difficulties and disrupting supply chains, thereby dynamically affecting the business sphere. The report assesses the comprehensive impact of the pandemic on the Flame Retardant Plastics market and the key segments of the industry. It also offers a current and future assessment of the impact of the pandemic on the Flame Retardant Plastics market.

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Key Highlights From The Report

• In October 2019, Polymaker, a firm engaged in advanced additive manufacturing materials, entered into a partnership with Covestro AG for the introduction of three innovative multipurpose polycarbonate-based additive manufacturing materials for several industrial applications.
• Europe contributed to the second-largest market share in 2019 due to the increasing application of flame retardant plastics in the aerospace and automotive sector, along with a rise in the number of construction projects in Eastern Europe. Besides, stringent legislative regulation for the use of environmental-friendly flame retardant materials is causative of the market growth in the region.
• Key participants include Covestro AG, DuPont, SABIC, Borealis AG, Huntsman Corporation, Olin Corporation, BASF SE, LyondellBasell, Showa Denko AA, and HEXION Inc., among others.

Flame Retardant Plastics Market Segmentation:

Emergen Research has segmented the global flame retardant plastic market on the basis of material type, polymer group, application, and region:

• Polymer Type Outlook (Revenue, USD Billion; 2017-2027)
  • Polyvinyl Chloride
  • Polyolefin
  • Polyurethane
  • Acrylonitrile Butadiene Styrene
  • Polycarbonate
  • Epoxy
  • Polyester
  • Others
• Polymer Group Outlook (Revenue, USD Billion; 2017-2027)
  • Thermoset
  • Thermoplastic
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Aerospace & Defense
  • Electrical & Electronics
  • Wire & Cable
  • Pipe & Tank
  • Transportation
  • Building & Construction
  • Marine
  • Others

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Exhaustive Analysis of the Competitive Landscape of the Global Flame Retardant Plastics Market:

• The global Flame Retardant Plastics market report zeroes in on the overall competitive scope of this industry vertical.
• The study provides detailed product information, alongside their specifications and prime applications.
• The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
• The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
• The inference of the report comprises an exhaustive study of the key players of the market.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Flame Retardant Plastic Market Segmentation & Impact Analysis
    4.1. Flame Retardant Plastic Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing demand from the aerospace and defense sector
                    4.2.2.2. Growing demand from the electrical & electronics sector
                    4.2.2.3. Rising demand for thermoplastics to reduce carbon emission
                    4.2.2.4. Increased investments in R&D
          4.2.3. Market restraints analysis
                    4.2.3.1. Fluctuating price of raw materials
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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