Non Halogenated Flame Retardants Market Size $3.4 Billion by 2024: Global Market Insights, Inc.

Non Halogenated Flame Retardants Market size is expected to reach USD 3.45 billion by 2024; according to a new research report by Global Market Insights, Inc.

Positive outlook for polymer usage in construction and automotive industries should drive global non halogenated flame retardants market size. These are used as chemically bonded or additive with base material to stimulate fire suppressing in manufactured products, mostly polymers and textiles. Brominated & chlorinated based compounds used in polymers are considered to have adverse effects living organisms which have led to stringent regulations.

North America, with dominant U.S. non halogenated flame retardants market size, may generate over USD 1.25 billion revenue by 2024. U.S. regulatory guidelines, initiated & monitored by EPA and NAFRA, should favor strong sales outlook of these products and inhibit chlorinated & brominated fire suppressors growth.

These products can be manufactured using ingredients such as phosphorus, metal hydroxides, magnesium hydroxide, nitrogen, zinc and boron based fire suppressants. Color impartment by phosphorus on polymers and high loading level of magnesium hydroxide may prove to be certain drawbacks affecting non halogenated flame retardants market demand.

Polyolefins market size was the largest and achieve over 7.5% growth. Polyolefin using halogen free additives include PE, PP, LLDPE, LDPE, EVA and MDPE. Polyolefin find application in wires & cables used in electrical, transportation and construction industries. Non halogenated flame retardants are used with polyolefin materials for safety precautions to be used in extreme conditions such as wire & cable and laboratory apparatus.

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Europe halogen free flame retardants market has high impact of the regulations implemented by REACH and WEEE. Stringent rules have been implemented on imports and...