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Flame Retardant Masterbatches Market Report and Forecast 2024-2032

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    Report

  • 205 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921602
According to the report, the global flame retardant masterbatches market is projected to grow at a CAGR of 10.2% between 2024 and 2032 reaching a value of approximate USD 6.49 billion by 2032. Aided by the mounting concerns over fire safety in various industries and the evolving regulatory landscape that necessitates fire-resistant products, the market is expected to grow significantly by 2032.

Flame retardant masterbatches are concentrated mixtures made by dispersing flame retardant additives in a polymer matrix. These masterbatches are then integrated into various plastic and polymer products to enhance their resistance to ignition, reduce flame spread, and mitigate the impact of fire. Given the widespread use of plastics in a plethora of applications ranging from construction, electronics, automotive, to textiles, the importance of these masterbatches in ensuring safety standards cannot be overstated.

A primary catalyst of the flame retardant masterbatches market growth is the escalating demand for fire-resistant materials in various industrial sectors. The electronics and electrical industries, for instance, witness significant use of flame retardant masterbatches due to the inherent fire risks associated with electronic devices and components.

Additionally, the construction sector, which employs a vast array of plastic and polymer-based materials, mandates stringent fire safety norms. The integration of flame retardant masterbatches in products such as cables, wires, roofing, and insulation materials ensures adherence to these safety norms and provides an added layer of protection against potential fire hazards.

The automotive sector further amplifies the demand for flame retardant masterbatches. As vehicles become more advanced, the use of plastics in various components, both interior and exterior, has grown exponentially. Ensuring these components are resistant to ignition and can mitigate fire spread is crucial for passenger safety, making flame retardant masterbatches indispensable.

Technological advancements play a pivotal role in influencing the flame retardant masterbatches market outlook. The development of halogen-free flame retardant masterbatches, in response to environmental and health concerns associated with traditional halogenated flame retardants, is a testament to the industry's commitment to sustainability and safety. These innovative products offer effective flame resistance without compromising on environmental standards.

On the regulatory front, evolving global standards for fire safety continue to push industries towards adopting flame retardant solutions. As countries and industries update their fire safety norms, the demand for flame retardant masterbatches is set to see an upward trend.

Regionally, Asia Pacific, led by countries like China and India, holds a significant portion of the flame retardant masterbatches market share. Rapid industrialisation, coupled with booming construction and automotive sectors, drive this demand. Europe and North America, with their advanced automotive and electronics industries, also contribute significantly to the global market.

Market Segmentation

The market can be divided based on type, resin, end use, and region.

Market Breakup by Type

  • Brominated
  • Chlorinated
  • Organophosphorus
  • Antimony Oxides
  • Alumina Trihydrate (ATH)
  • Others

Market Breakup by Resin

  • PE
  • PP
  • ABS
  • PS
  • PC
  • Others

Market Breakup by End Use

  • Automobile
  • Building and Construction
  • Electrical and Electronics
  • Consumer Products
  • Packaging
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global flame retardant masterbatches market. Some of the major players explored in the report are as follows:
  • Albemarle Corporation
  • BASF SE
  • Clariant AG
  • Nouryon Chemicals Holding B.V.
  • LANXESS AG
  • DIC Corporation
  • Tosaf Compounds Ltd.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Flame Retardant Masterbatches Market Analysis
8.1 Key Industry Highlights
8.2 Global Flame Retardant Masterbatches Historical Market (2018-2023)
8.3 Global Flame Retardant Masterbatches Market Forecast (2024-2032)
8.4 Global Flame Retardant Masterbatches Market by Type
8.4.1 Brominated
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Chlorinated
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Organophosphorus
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Antimony Oxides
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Alumina Trihydrate (ATH)
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Flame Retardant Masterbatches Market by Resin
8.5.1 PE
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 PP
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 ABS
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 PS
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 PC
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Flame Retardant Masterbatches Market by End Use
8.6.1 Automobile
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Building and Construction
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Electrical and Electronics
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Consumer Products
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Packaging
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Flame Retardant Masterbatches Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Flame Retardant Masterbatches Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Flame Retardant Masterbatches Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Flame Retardant Masterbatches Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Flame Retardant Masterbatches Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Flame Retardant Masterbatches Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Albemarle Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 BASF SE
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Clariant AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Nouryon Chemicals Holding B.V.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 LANXESS AG
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 DIC Corporation
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Tosaf Compounds Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.3.8 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Flame Retardant Masterbatches Market: Key Industry Highlights, 2018 and 2032
2. Global Flame Retardant Masterbatches Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Flame Retardant Masterbatches Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Flame Retardant Masterbatches Historical Market: Breakup by Resin (USD Million), 2018-2023
5. Global Flame Retardant Masterbatches Market Forecast: Breakup by Resin (USD Million), 2024-2032
6. Global Flame Retardant Masterbatches Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Flame Retardant Masterbatches Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Flame Retardant Masterbatches Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Flame Retardant Masterbatches Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Flame Retardant Masterbatches Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Flame Retardant Masterbatches Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Flame Retardant Masterbatches Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Flame Retardant Masterbatches Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Flame Retardant Masterbatches Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Flame Retardant Masterbatches Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Flame Retardant Masterbatches Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Flame Retardant Masterbatches Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Flame Retardant Masterbatches Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Flame Retardant Masterbatches Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Flame Retardant Masterbatches Market Structure

Companies Mentioned

  • Albemarle Corporation (NYSE: ALB)
  • BASF SE (ETR: BAS)
  • Clariant AG (SWX: CLN)
  • Nouryon Chemicals Holding B.V.
  • LANXESS AG (ETR: LXS)
  • DIC Corporation (TYO: 4631)
  • Tosaf Compounds Ltd.

Methodology

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