Aerospace Plastic Flame Retardant Market Size, Segmentation, Forecast Report Up to 2024: Radiant Insights

Latest Study - Aerospace Plastic Flame Retardant Market Size,

Growth Report to 2024: Radiant Insights

The aerospace plastic flame retardant market is expected to witness a rapid growth from 2015 to 2022. The rising

plastic demand, mainly because of its qualities such as light weight, is likely to continue as one of the key growth

driving aspects for the global market. The growing number of air travelers and improved safety policies are said to

positively affect the market. The fluctuating raw material prices are likely to cause a danger to the overall market

growth. The global market is divided into applications, products, and regions.

Based on the application areas, the global market is classified as thermoset polyimides, epoxies, Carbon Fiber

Reinforced Plastics (CFRP), Glass Reinforced Plastics (GRP), acetal / POM, polycarbonates, and some others, e. g.,

polypropylene (PP), polybutylene terephthalate (PBT), and polyphthalamide (PPA). The CFRP sector dominated the

overall application sector in 2014 and is anticipated to grow at the highest CAGR in the near future. Also, the

polycarbonates segment is said to have huge growth opportunities and is likely to gain importance over the usual

materials e. g., wood and metal; mainly because of its properties such as low maintenance, lightweight, versatility,

high resistance, flexibility etc.

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The global aerospace plastic flame retardant market’s product segment is categorized as Aluminum Trihydrate

(ATH), boron compounds, organophosphates/phosphorous, and antimony oxide. The ATH was the dominant

product segment of the global market. It is commonly used in plastics of various aerospace applications, due to its

plentiful availability and low costs. Organophosphates compounds are said to register the top compound annual

growth rate (CAGR) in the next seven years. The ammonium...