Global Market for Flame Retardant Chemicals: English Market Research Report
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The global market size for flame retardant chemicals was valued at 7.62 billion USD in 2022, with a projected CAGR of 5.8% during the forecast period (2024-2031), expected to grow from 8.06 billion USD in 2023 to 12.66 billion USD by 2031. The expansion of flame retardant materials in various end-use segments such as electrical and electronics, transportation, and construction is expected to drive the demand for flame retardant chemicals. This surge is attributed to the necessity of compliance with fire safety regulations and standards in these industries. As fire prevention laws have gained importance, companies have begun to opt for products enhanced with flame retardant chemicals to ensure compliance and mitigate potential hazards. Furthermore, the increasing consumer awareness regarding the need to strengthen fire safety measures for flammable materials and products is further elevating the necessity for flame retardant chemicals.
- Company:グローバルインフォメーション
- Price:500,000 yen-1 million yen