Flame Retardant Chemicals Market Size, Share, By Product (Halogenated, Non-halogenated), By Application (Polyolefin, Epoxy Resins), By End-user (Electrical & Electronics, Construction, Transportation, Textiles, Furniture) and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI553924 | Publish Date: July 2024 | No. of Pages: 184

Flame Retardant Chemicals Market Overview

Flame retardant chemicals market size was valued at USD 8.2 Billion in 2024 and is expected to reach USD 13.82 Billion by 2034, growing at a CAGR of 5.9%

A wide range of chemicals added to manufactured materials, including textiles and plastics, as well as surface finishes and coatings, are collectively called flame retardants. Flame retardants work through various physical and chemical methods to stop or limit the spread of flames once an ignition source initiates them. They can be included in the polymer as a copolymer during the polymerization process, added afterward during the molding or extrusion process, or applied as a topical finish (especially for textiles). While compounds, including organophosphorus and organohalogen, can be reactive or additive flame retardants, mineral flame retardants are usually additive.

Flame retardants are applied to flammable materials, like fabrics, plastics, and coatings, to either extinguish a fire or delay its spread. These are a range of substances with various molecular configurations and physical and chemical characteristics. These substances are integrated into the products as additives or introduced as copolymers during the polymerization process. Products, including foams, beds, computers, electrical lines, insulation materials, and vehicle parts, are all made with these compounds added. Mineral compounds are often additions, while organophosphorus and organohalogen compounds are either reactants or additives. The market for flame retardants has been driven by the enforcement of fire and safety laws, which have boosted the consumption of these retardants to fulfill government standards.

The growing strictness of regulations about fire safety in industries is boosting the use of flame-retardant chemicals. Not in a small-scale way, areas where these chemicals have proven to be significantly utilized include construction, electronics, transportation, and textiles. These flame retardants are useful in this industry for the manufacture of building products to meet the fire safety requirement. Electrical or electronic appliances and gadgets also largely depend on these chemicals to keep off fires. Also, the transportation industry applies the same principles to the improvement of vehicle and occupant safety.

Flame Retardant Chemicals Market Share

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Flame Retardant Chemicals Market Dynamics

Key Drivers of Target Market:

Stringent Fire Safety Regulations

  • One important driver is the increasing concern for fire safety in different industries due to regulations and building codes. Governments in various countries increasingly adopt strict fire-safety rules for construction, electronic goods, transportation, and others. These regulations mandate using flame-retardant chemicals in many products—from construction materials to electronics and even furniture to cloth items. The growth in these stringent regulations is expected to spur huge growth in the flame-retardant chemicals market.

Incidence of Fire

  • The increasing rate of stories related to fire incidents evolved into residential, commercial, and industrial fires, which only emphasizes that there is a desperate clamor for implementing improved fire safety measures. The massive devastations caused by these fires, in terms of property damage, economic losses, and loss of life, have put the issue of fire prevention and protection at the forefront. Flame retardants can mitigate all the dangers of fire, delaying ignition, reducing flame spread, and finally, reducing the release of smoke and toxic gases.

Public Awareness

  • The increasing awareness about hazards related to fires, fire safety, and the urgency of fire prevention in social life has created a market for flame retardant chemicals incorporated into products. As consumers become more aware of the possibility of risks associated with fire, they will seek products that incorporate flame retardant chemicals to make their homes, work, and communities safer.

Growing advance in end-use industries

  • Electronic, automobile, construction, and furniture—has equipped a strong growth avenue for flame-retardant chemicals. Under such a scenario, the demand for flame retardants is propelled by the raising production of electronic devices, vehicles, and buildings, which are developed from a large consumption of fireproof construction materials to ensure their own safety and compliance with the requirements.

Urbanization and Population Growth

  • Theanizatioforand population rise trends arebeing thrut byrust into the market of flame-retargrowth chemicals. With the increasing rates in population density, the propensity for fire outbreaks also becomes high; therefore, there is a need for implementing the viable fire safety measures. In addition, new residential and commercial construction drives demand for construction materials resistant to fire, thereby fueling growth.

 Restrains:

Environmental Concerns

  • The growth in concern over the environment with respect to some flame-retardant chemicals—mainly those of halogenated compounds—has restricted their uses. These chemicals have high persistence when they are released into the environment and often have the ability to bioaccumulate in the food chain for an extended period of time, increasing the risk to wildlife and human health. Moreover, the methods used to produce and dispose of halogenated flame retardants are often related to unsafe practices and end products. Environmental concerns linked to both have brought about improved regulations and heightened interest in non-halogenated alternatives.

Health Hazards

  • Flame retardants may consist of chemicals known to be linked to reproductive toxicity, endocrine disruption, and cancer. Some studies show that some flame retardants leach out from materials treated with them and can accumulate in dust, air, and human tissues. Chemical exposure occurs through inhalation, ingestion, and skin contact. Thus, it is not surprising that more and more regulatory agencies and consumers assume a close and increasingly cautious attitude toward flame retardant chemicals, resulting in use restrictions and a shift in applications for safer alternatives.

 Opportunities:

Shift to non-halogenated

  • The rising regulatory pressure against halogenated flame retardants because of issues linked to the environment and health is growing into a significant move towards non-halogenated options. Development and commercialization of powerful and aggressive non-halogenated flame retardants create key opportunities.

Emerging Applications

  • There is immense potential for flame retardants in new application areas. Fire-safety measures adopted by emerging industries, such as renewable energy, aerospace, and marine, will catch up and bring immense opportunity to flame-retardant chemicals.

Flame Retardant Chemicals Market Segmentation

The market is segmented based on by Product, Application, End-User, and Region.

By Product:

  • Halogenated Flame Retardants: Materials containing these elements hold the most significant share since they are highly efficient in extinguishing a fire; however, environmental concerns and strict regulations limit their use. Typical examples are brominated flame retardants and chlorinated phosphate esters.
  • Non-Halogenated Flame Retardants: Environmental awareness has increased, and so has the demand for non-halogenated alternatives. Flame retardants with no halogen elements have a much more environmentally friendly profile. The more common types are phosphorus-based, aluminum hydroxide, and magnesium hydroxide compounds.

By Application:

  • Polyolefins: This is one of the largest destinations for flame retardants since polyolefin-based plastics find use in various products, from packaging and consumer goods to automobile components and construction materials. The versatility and comparatively low cost of polyolefins ensured that they have a leading place in the plastics industry. Therefore, demand for flame retardants compatible with such polymers is very high. Moreover, increasing pressure from regulatory authorities concerning fire safety in various end-use industries is also compelling the incorporation of flame retardants in polyolefin-based products.
  • Epoxy Resins: Epoxy resins are the second major application area for flame retardant chemicals. Their excellent mechanical, electrical, and chemical properties broaden their applications in electronics, construction, coatings, and adhesives. Incorporated flame retardants enhance epoxy resins' fire resistance, making them suitable for use in applications requiring high fire safety.

By End-User:

  • Electrical & Electronics: This segment is also one of the biggest consumers. This, again, is due to the stringent safety requirement for the electronic device not to catch fire. Flame retardants prevent the spread of fires caused by an electrical fault, overheating, or heat from another external source. They are incorporated into various components to improve fire resistance and protect sensitive electronic components such as printed circuit boards and insulation materials in conduits, connectors, and enclosures. The growing complexity and miniaturization of electronic devices raise the demand for advanced flame-retardant solutions to keep pace with these evolving industry requirements.
  • Building and Construction: The construction industry is another massive consumer of flame-retardant chemicals, propelled by the need to make buildings safe and meet fire regulations. Flame retardants are used with a wide range of materials in construction, including insulation, coatings, flooring, structural components—signature uses that deter fire spread and generation of smoke, protecting building occupants from fire. Growing emphasis on energy efficiency and sustainability in the construction sector further enhances the demand growth for ecofriendly flame retardants.
  • Transportation: Flame retardant chemicals play an important role in the transportation sector, improving the safety of passengers and vehicles. Incorporating Flame Retardants into interior materials, wiring harnesses, and insulation may minimize the likelihood of a fire accident or reduce the seriousness of damage from fires. Rigid safety regulations facing the transport industry are adding impetus to the development of high-performance flame retardants better able to handle hostile vehicle operating conditions.
  • Textiles: Flame retardant chemicals in the textile industries improve the resistance of different fabrics used in clothing, upholstery, curtains, and other textile products to ignition. The chemicals delay the sparking of a fire, thereby avoiding injury and property damages in case a fire breaks out. Growing consumer awareness about fire safety increases the demand for flame-retardant textiles in residential and commercial applications.
  • Furniture: Flame retardant chemicals are used in the furniture industry to enhance the safety of upholstered furniture—sofas, chairs, mattresses—against ignition, and hence the spread of fire, reducing risks of injury and property damage. These strict fire safety regulations applied to furniture manufacturers are significant drivers for the adoption of flame-retardant chemicals in the industry.

Regional Insights

  • North America: this is a mature flame retardant chemical market characterized by stringent environmental norms and increased concern for sustainable ways. The need for fire safety across the region's residential settings and commercial sectors, supported by solid automobile and electronics sectors, shall provide a mixed momentum to the market. This is due to the switching trend to non-halogenic alternatives due to environmental concerns.
  • Asia-Pacific: Flame-retardant chemicals find wide application in the dominant Asia Pacific region. The high demand for fire-resistant materials is attributed to rapid industrialization, urbanization, and increased disposable income in the majority of the countries in this region. Major consuming countries in the region include China and India because of their burgeoning industries in construction, electronics, and automotive sectors. In addition, rigid fire safety regulations in the construction sector and increasing consumer awareness about fire hazards will further push this market toward growth.
  • Europe:  is another vast market for flame retardant chemicals due to an increased focus on respecting the environment and following imposed regulations. In fact, there have been regulations across the region crucial for the flame retardants driven by the halogenated, and currently, non-halogenated substitutes are in demand. The automotive, construction, and electronics sectors are important drivers of market growth.
  • Latin America: the flame retardant market is expected to grow decently due to rapid urbanization, industrial growth, and increasing disposable income. The construction and automobile markets are registering significant growth in this region, which is further fueling the fire-resistant material market. However, the market is generally underdeveloped compared to the other regions.
  • Middle East and Africa: There have been several economic exposures in the Middle East and Africa flame retardant chemicals market. Primarily, demand in the region is originating from the oil and gas industry and construction activities in countries such as Saudi Arabia and the United Arab Emirates. However, the market is still fragmented, and there are challenges in infrastructure development and the regulatory framework.

Flame Retardant Chemicals Market Report Scope:

Attribute

Details

Market Size 2024

USD 8.2 Billion 

Projected Market Size 2034

USD 13.82 Billion

CAGR Growth Rate

5.9%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Halogenated, Non-halogenated

By Application - Polyolefin, Epoxy Resins

By End-User - Electrical & Electronics, Construction, Transportation, Textiles, Furniture

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product, Application, End-User, and Region.

Segmentation:

By Product:

  • Halogenated
  •  Non-halogenated

By Application:

  • Polyolefin
  •  Epoxy Resins

By End-User:

  • Electrical & Electronics
  •  Construction
  • Transportation
  • Textiles
  •  Furniture

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Flame Retardant Chemicals Market Key Players

The key players operating the Flame Retardant Chemicals Market include BASF SE, Lanxess, Italmatch Chemicals, Clariant, Nabaltec AG, Dow, D Into Chemicals b.v. Corporation, Huber Engineered Materials, J.M. Huber Corporation, RTP Company, Inc., Daihachi Chemical Industry Co., Ltd., Thor, AkzoNobel, DuPont, Nyacol Nano Technologies, Inc., Budenheim Iberica S.L.U., DSM, Jiangsu Yoke Technology, Kemipex, SANWA Chemical Co., Ltd, Into Chemicals b.v., Albemarle Corporation, Rin Kagaku Kogyo Co. Ltd.

Flame Retardant Chemicals Market Key Players

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Flame Retardant Chemicals Market Key Issues Addressed

  • In January 2024, FRX Innovations, Inc. Announced a Strong Finish to 2023 with the Launch of Nofia(R) in a New Application and a strong Start to 2024 with a Revival of Demand in the Textile Market. Eco-friendly flame-retardant solutions are pleased to announce strong orders in FRX's traditional market of flame-retardant textiles in the fourth quarter of 2023 and into 2024. This combines with the first commercial order in a new application area.
  • In October 2023, Celanese came up with new PA solutions to boost the performance of EV components. Mumbai: Celanese Corporation, a global specialty materials and chemical company, announced the global commercial launch of its new portfolio of polyamide components.

Flame Retardant Chemicals Market Company Profile

  • BASF SE
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  •  Lanxess
  •  Italmatch Chemicals
  • Clariant
  •  Nabaltec AG
  •  Dow
  •  D Into Chemicals b.v. Corporation
  •  Huber Engineered Materials
  •  J.M. Huber Corporation
  •  RTP Company, Inc.
  •  Daihachi Chemical Industry Co., Ltd.
  •  Thor
  •  AkzoNobel
  •  DuPont
  •  Nyacol Nano Technologies, Inc.
  •  Budenheim Iberica S.L.U.
  •  DSM
  •  Jiangsu Yoke Technology
  •  Kemipe
  •  SANWA Chemical Co., Ltd
  •  Into Chemicals b.v.
  •  Albemarle Corporation Rin Kagaku Kogyo Co. Ltd

“*” marked represents similar segmentation in other categories in the respective section.

Flame Retardant Chemicals Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product
    • Market Snippet, By Application
    • Market Snippet, By End-User
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Halogenated
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Non-halogenated
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Polyolefin
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Epoxy Resins
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, End-User, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Electrical & Electronics
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Construction
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Transportation
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Textiles
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Furniture
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • BASF SE
  • Lanxess
  • Italmatch Chemicals
  • Clariant
  • Nabaltec AG
  • Dow
  • D Into Chemicals b.v. Corporation
  • Huber Engineered Materials
  • J.M. Huber Corporation
  • RTP Company, Inc.
  • Daihachi Chemical Industry Co., Ltd.
  • Thor
  • AkzoNobel
  • DuPont
  • Nyacol Nano Technologies, Inc.
  • Budenheim Iberica S.L.U.
  • DSM
  • Jiangsu Yoke Technology
  • Kemipe
  • SANWA Chemical Co., Ltd
  •  Into Chemicals b.v.
  • Albemarle Corporation Rin Kagaku Kogyo Co. Ltd

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Flame retardant chemicals market size was valued at USD 8.2 Billion in 2024 and is expected to grow at a CAGR of 5.9% to reach USD 13.82 Billion by 2034

The Flame-Retardant Chemicals Market is segmented into Product, Application, End-User, and Region.

Factors driving the market include stringent fire safety regulations, incidence of fire, public awareness, growing advances in end-use industries, urbanization and population growth.

The Flame-Retardant Chemicals Market's restraints include environmental concerns, health hazards.

The Flame-Retardant Chemicals Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Flame Retardant Chemicals Market include BASF SE, Lanxess, Italmatch Chemicals, Clariant, Nabaltec AG, Dow, D Into Chemicals b.v. Corporation, Huber Engineered Materials, J.M. Huber Corporation, RTP Company, Inc., Daihachi Chemical Industry Co., Ltd., Thor, AkzoNobel, DuPont, Nyacol Nano Technologies, Inc., Budenheim Iberica S.L.U., DSM, Jiangsu Yoke Technology, Kemipex, SANWA Chemical Co., Ltd, Into Chemicals b.v., Albemarle Corporation, Rin Kagaku Kogyo Co. Ltd