Global Flame Retardants Market to Reach US$ 12.7 Billion by 2027, Impelled by Widespread Product Adoption Across Industries

August 08, 2022

According to the latest report by IMARC Group, titled “Flame Retardants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global flame retardants market reached a value of US$ 8.5 Billion in 2021. Flame retardants are substances or chemicals that are applied to materials to prevent the start or slow the growth of a fire. They are manufactured using organophosphates, organohalogens, and various active compounds, such as phosphorus, nitrogen, aluminum, bromine, chlorine, magnesium, boron, and carbon. These chemicals are widely used in polystyrene (PS) and polyurethane (PU) insulation foams, electric cables, and building and construction materials. Flame retardants are also employed to manufacture seat covers, automobile bumpers, overhead compartments, furnishing items, and electronic devices, such as laptops, personal computers, and televisions.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Flame Retardants Market Trends-

One of the key factors driving the market growth is the widespread product utilization across various industrial verticals to slow down fire spreads and prevent property loss. For instance, manufacturers in the consumer electronics sector are widely using flame retardants in electric wire insulations in circuit boards, electronic casing, and wires and cable systems to prevent fires. Additionally, the increasing product demand in residential buildings and public spaces due to the rising need for effective fire management solutions, supported by the growing utilization of flammable materials, such as plastics, foams, and composites, is acting as another growth-inducing factor. Apart from this, the introduction of safer alternatives, such as phosphorous, bromine, and chlorine-based non-halogenated flame retardants that are sustainable and safe for humans upon exposure, is providing a considerable boost to the market growth. Other factors, including the significant growth in the chemical industry, extensive research and development (R&D) activities, and the implementation of various government initiatives toward fire safety standards and regulations to lower explosion-related accidents in offices, industries, and public places, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market value is expected to reach US$ 12.7 Billion by 2027, exhibiting a CAGR of 6.9% during 2022-2027.

Market Summary:

  • On the basis of the type, the market has been classified into alumina trihydrate, brominated flame retardants, antimony trioxide, phosphorus flame retardants, and others.
  • Based on the application, the market has been divided into unsaturated polyester resins, epoxy resins, PVC, rubber, polyolefins, and others.
  • On the basis of the end use industry, the market has been classified into construction, wires and cables, automotive and transportation, electrical and electronics, and others.
  • On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and Others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and Others) Latin America (Brazil, Mexico and Others), and Middle East and Africa.
  • The competitive landscape of the industry has also been examined, with some of the key players being Almatis GmbH, BASF SE, Borealis GmbH (OMV Aktiengesellschaft), Budenheim Ibérica S.L.U, Campine NV, Clariant AG, Dover Chemical Corporation (ICC Industries Inc.), Dow Inc., ICL Group Ltd, Lanxess AG, Otsuka Chemical Co. Ltd. and RTP Company (Miller Waste Mills Inc.).

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Global Flame Retardants Market to Reach US$ 12.7 Billion by 2027, Impelled by Widespread Product Adoption Across Industries
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More