FLAME 30
The Global Market for Flame Retardant Chemicals
Report Highlights
- The global market for flame-retardant chemicals was worth $4.1 billion in 2008 and a projected $4.3 billion in 2009. It should reach $6.1 billion by 2014, for a compound annual growth rate (CAGR) of 7.0%.
- The global fl ameretardant chemicals industry used 3.2 billion pounds of materials in 2008. This is expected to increase to 3.4 billion pounds in 2009, and 4.3 billion pounds in 2014, for a CAGR of 5.0%.
- Studies have shown that a burning room containing fl ameretardant products releases 75% less heat and 33% fewer toxic gases than a room that lacks the products.
INTRODUCTION
STUDY GOAL AND OBJECTIVES
The Global Market for Flame Retardant Chemicals presents a detailed overview of the worldwide market size, growth, and trends for this industry. The report reviews global markets for flame retardant chemicals, and forecasts trends and sales in these markets through 2014. The major chemicals, applications and industries using these products are discussed. The regulations driving this market are also reviewed. The impact of regulations on the global market is evaluated. Estimates of market share by product application and chemical types are provided and analyzed. Regional consumption by chemical and by application is presented. The industry structure, including major suppliers, is also discussed.
REASONS FOR DOING THE STUDY
Government regulations and industry standards obligate manufacturers to add flame retardant chemicals to a wide range of products used every day. The irony of this industry is that some of these flame retardant products, while responsible for saving countless lives, are toxic. In order to protect consumers and the environment, regulations are in place limiting the use of specific flame retardants in specific applications. The benefits of protecting people from death and property from damage resulting from fires must be weighed against exposure to chemicals that are potentially harmful to human health and the environment. The impact these regulations have on the industry is multi-dimensional. This study will discuss the flame retardant chemicals market resulting from this balancing act between fire retardant requirements and environmental regulations.
INTENDED AUDIENCE
The Global Market for Flame Retardant Chemicals is a detailed report covering the plastics, textiles, wood/paper, coatings/paper, coatings/construction and coatings/decorations market applications. The report will assist and aid in strategic planning for companies supplying flame retardants to customers in these markets, as well as end-users of flame retardants and flame-retarded products, and those needing further information about this industry. Information will be provided to support estimates.
SCOPE OF REPORT
The scope of this study includes the chemicals used for flame retardant purposes. The chemicals are evaluated by retardant mechanism and by chemical type, and by end-use application. Particular attention is paid to the plastics industry. The current flame retardant chemicals market is assessed and compared to historical market performance. Projected sales for the industry as a whole are forecast by application and type. The market is also valued on a regional and worldwide scale. The impacts of the industries using flame retardant products are discussed.
METHODOLOGY
BCC evaluates each flame retardant chemical application and type. To make projections for the future of the flame retardant chemicals market, a correlation between products using flame retardant chemicals and the annual sales of flame retardant chemicals was developed. Interviews were conducted with raw material suppliers, flame retardant chemical companies, and end user company representatives to compile a full picture of the future of the flame retardant chemical marketplace.
INFORMATION SOURCES
Hundreds of information sources contributed to this study, including interviews with industry experts, research databases, technical abstracts, commerce publications, government sources, financial and trade information, library resources and the Internet.
AUTHOR’S CREDENTIALS
The author, Marianne D’Aquila, is the founder and a strategic analyst for Information Resources, LLC (www.informationres.com), a global market research and intelligence firm. Prior to starting Information Resources, Marianne worked at the Venture Development Corp., where she held the position of Market Research Analyst and Strategist. She was responsible for providing market data and competitive intelligence to Fortune 100 clients, producing proprietary market research studies, publishing white papers, and authoring numerous articles to technology journals. Previously, Marianne held the position of Tactical/Product Marketing Manager at IBM’s Microelectronics Division, Product Manager at Raytheon RF Components Commercial Electronics, and Project Manager/Process Engineer at Standard Microsystems Corp. Marianne graduated with an MBA from Babson College and a BS in Engineering from Stony Brook University.
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DISCLAIMER
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is of a speculative nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
Report Highlights
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The 2005 projected consumption of flame retardant chemicals worldwide is 2.9 billion pounds. BCC estimates this volume will grow 3.5% annually and reach 3.4 billion pounds worldwide by 2010.
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Price increases for most products, except alumina trihydrate, should impact the average annual growth rate of the market’s sales. In 2005, sales are estimated to be approximately $3.5 billion worldwide. This figure should reach $4.6 billion by 2010 with an average annual growth rate of 5.6%.
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The continuation of fire safety standards in the U.S. and abroad should impact the sales increase. Additionally, the largest country in the world, China, has opened its borders to Western products, providing new opportunities for companies with the ability to do business in the region. Environmental and health concerns over halogenated flame retardant chemicals should also allow additional market share for halogen replacements.
Report Highlights
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Flame-retardant chemical sales worldwide should grow at an average annual rate of 5.5% reaching $2.95 billion by 2008.
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Greatest growth will be in melamine, and bromine- and phosphorus-based FR, posting AAGRs of 6.6% to 6.7%
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Bromine represents more than one-third of the market, and will maintain this share through the forecast period.
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Melamine should have increased presence in Northern Europe.
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Alumina trihydrate will dominate with an estimated 44% market share of volume.
