Global Flame Retardant Acrylic Market 2019: Quantitative Analysis By DuPont, Milliken & Company, Koninklijke Ten Cate bv, Pbi PERFORMANCE PRODUCTS INC & Others
Global flame retardant acrylic Market is expected to rise from its initial estimated value of USD 8.23 million in 2018 to an estimated value of USD 16.89 million by 2026, registering a CAGR of 9.40% in the forecast period of 2019-2026. The exceptional characteristics of the fluids such as non-flammability, compatibility and maintain temperature with various types of plastics and metals is leading to the increased usage of the engineered fluids.
This market report makes available the market data with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. In plentiful of ways, this flame retardant acrylic market research report is essential for business growth and to succeed in the market. In addition, the report aids businesses to get acquainted with the level of the marketing problems, reasons for crash of particular product already existing in the market, and prospective market for a new product to be launched.
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Few of the major competitors currently working in this market DuPont, Milliken & Company, Koninklijke Ten Cate bv, Pbi PERFORMANCE PRODUCTS INC, Gunei Chemical Industry Co., Ltd., Huntsman International LLC, KANEKA CORPORATION, LENZING AG, Evonik., Solvay and TOYOBO CO., LTD, The Chemours Company, Clariant, LANXESS, BASF SE, Akzo Nobel N.V., Nabaltec AG, Albemarle Corporation, Italmatch Chemicals S.p.A., HUBER ENGINEERED MATERIALS.
Competitive Analysis:
Global engineered fluids (fluorinated fluids) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of engineered fluids (fluorinated fluids) market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
High demand from oil and gas, military, and construction industry in developing countries is driving the market growth
Increasing demand from oil and gas, military, and construction industry is likely to drive the growth of the engineered fluids market
Market Restraints:
High manufacturing cost of the flame retardant acrylic is considered to be major restraint for the market
Investment for R&D is high which is likely to restrain the growth of the in the flame retardant acrylic market
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
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Segmentation: Global Flame Retardant Acrylic Market
By Type
Alumina Trihydrate
Brominated Flame Retardants
Antimony Trioxide
Phosphorous Flame Retardants
Others
By End-user Industry
Automotive
Construction
Textile
Electronics
Aerospace
Paints & Coatings
Packaging
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
Key Developments in the Market:
In November 2018, Evonik marketed 2-hydroxyethyl methacrylate phosphate which is a flame retardant with the brand name VISIOMER HEMA-P 70M. The product offered new options for customers with special requirements for anti-corrosion characteristics and flame-retardant.
In February 2017, Chemours announced the opening of a new Christi plant in Texas, U.S. This helped in maximizing the production capacity or the HFO-1234yf-based-products and make potential change in the products causing global warming.
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