Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Flame Retardants Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Flame Retardants Market?
The market size of flame retardants has been on a consistent growth trend in the past years. The market size is expected to increase from $8.42 billion in 2024 to $8.83 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%.
What Are the Expected Market Growth Trends for the Flame Retardants Market Through 2029?
The Flame Retardants market is projected to reach a value of $11.5 billion in 2029, with a compound annual growth rate (CAGR) of 6.8%.
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What Are the Key Business Drivers in the Flame Retardants Market Landscape?
The key Drivers in the flame retardants market are:
• Rising demand for electronic products
• Technological advancements accelerating replacement cycles
• Growing consumer disposable income
• Changing consumer preferences towards advanced electronic goods
How Is the Flame Retardants Market Divided Across Key Categories?
The flame retardantsmarket covered in this report is segmented –
1) By Type: Alumina Trihydrate, Brominated Flame Retardants, Antimony Trioxide, Phosphorous Flame Retardants, Other Types
2) By Application: Unsaturated Polyester Resins, Epoxy Resins, PVC, Rubber, Polyolefins, Other Applications (Engineering Thermoplastics And PET)
3) By End User: Construction, Automotive And Transportation, Electronics, Other End-Users (Textiles, Aerospace, And Adhesives)
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What Are the Ongoing Trends in the Flame Retardants Market?
The key trends in the flame retardants market are:
• The emergence of product innovations is a key trend in the flame retardants market.
• Major companies in the flame retardant sector are focusing on developing innovative products to meet customer needs.
• The adoption of flame retardant products in new sectors, such as electric vehicle batteries, is an emerging trend.
• The development of lightweight and flexible flame retardant materials that can withstand high temperatures is another upcoming trend.
Which Companies are Expanding in the Flame Retardants Industry?
The key players in the flame retardants market are:
• BASF SE
• ICL Group Limited
• Albemarle Corporation
• J.M. Huber Corporation
• Italmatch Chemicals S.p.A.
• Nabaltec AG
• Du Pont de Nemours and Company
• Koninklijke DSM NV
• Israel Chemicals Limited
• Budenheim Chemicals KG
• Eastman Chemical Company
• Hangzhou Lingrui Chemical Company Limited
• Hongbaoli Group Company Limited
• Huntsman International LLC
• Daihachi Chemical Industry Co. Ltd.
• DIC Corporation
• Dow Chemical Company
• Nyacol Nano Technologies Inc.
• Rinkagaku Kogyo Co. Ltd.
• RTP Company
• Sanwa Chemical Co. Ltd.
• Shandong Brother Sci. & Tech. Co. Ltd.
• Tor Minerals International Inc.
• Tosoh Corporation
• UFP Industries Inc.
• Lubrizol Corporation
• Akzo Nobel NV
• Clariant International Ltd.
• Sinopec Shanghai Petrochemical Company Limited
Which is the Largest Region the Global Flame Retardants Market?
Asia-Pacific was the largest region in the flame retardants market in 2024
