Flame Retardant Chemicals Market Size
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 term "flame retardant" refers to a broad category of chemicals added to manufactured materials, such as fabrics, plastics, surface treatments, and coatings. Once an ignition source starts a flame, flame retardants use various unique physical and chemical techniques to either put out the flames or restrict their spread. They can be added as an extrusion or molding step after the polymerization process, or they can be integrated as a copolymer into the polymer and used as a topical finish (particularly for textiles). Mineral flame retardants are typically additive, although substances such as organophosphorus and organohalogen can be reactive or additive flame retardants.
To either put out a fire or slow its spread, chemicals known as flame retardants are applied to flammable materials such as textiles, plastics, and coatings. These are a variety of substances having different physical and chemical properties along with other molecular configurations. During the polymerization process, these materials are added as additives to the products or introduced as copolymers. These compounds are added to a variety of products, such as foams, beds, computers, electrical lines, insulating materials, and car parts. Organophosphorus and organ halogen chemicals are either reactants or additives, whereas mineral compounds are frequently additions. Implementing fire and safety regulations has propelled the market for flame retardants by increasing their usage to meet regulatory requirements.