Research
Nester published a report titled “Inorganic
Flame Retardants Market: Global Demand Analysis & Opportunity
Outlook 2031” which delivers
detailed overview of the global inorganic flame retardants market in
terms of market segmentation by type, application, end use industry, and by
region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The
global inorganic flame retardants market is estimated to occupy a sizeable
revenue by growing at a CAGR of ~4% during the forecast period, i.e., 2022 –
2031, ascribing to the rising demand for fire retardant materials from a
variety of end use industries, and developments in fire safety standards,
particularly for metallic element composite panel cladding used in buildings across
the globe. Along with these, rapidly growing rate of urbanization, and upsurge
in the development of novel flame retardants by companies are also expected to
drive the growth of the market in the forthcoming years.
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Report Sample@ https://www.researchnester.com/sample-request-3965
The
market is segmented by type, application and end use industry. Based on type,
the non-halogenated segment is anticipated to occupy the largest share during
the forecast period in view of the low amount of heat and smoke produced by,
and high cost-effectiveness of this type of flame retardants. Additionally, by
end use industry, the construction segment is projected to grab the largest
share over the forecast period attributing to the growing usage of flame
retardants in building materials to adhere to strict fire safety regulations.
Geographically,
the global inorganic flame retardants market is segmented into five major
regions, namely North America, Europe, Latin America, Asia Pacific, and the
Middle East & Africa. North America is evaluated to gather the largest
share in the market during the forecast period attributing to the increasing investments
by enterprises for the development of improved inorganic flame retardants in
the region. Moreover, the market in Asia Pacific is assessed to witness
noteworthy growth over the forecast period on the back of the rising expansion
of building & construction sector, and escalating rate of urbanization in
the region.
The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment
opportunities, demand for future outlook etc. has also been covered and
displayed in the research report.
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Rising
Demand for the Product from End Use Industries Worldwide to Drive Market Growth
Over the
last few years, the demand for inorganic flame retardants from end user
industries, including construction, textiles, electrical & electronics, and
transportation has witnessed a significant hike. This can be credited to the imposition
of stringent regulations globally for safety from fire related accidents, which
in turn is anticipated to drive significant market growth in the near future.
However, volatile
prices of raw materials are expected to operate as key restraint to the growth
of the global inorganic flame retardants market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global inorganic flame retardants market which includes company
profiling of J.M. Huber Corporation, Tosoh Corporation, Albermarle Corporation,
Lanxess AG, ICL Group, Jiangsu Jacques Technology Co., Ltd., Clariant
International Ltd, The Dow Chemical Company, Nabaltec A.G, Green Chemicals SpA,
and others. The profiling enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global inorganic flame retardants market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
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Report Sample@ https://www.researchnester.com/sample-request-3965
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
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Info:
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