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.
Global non halogenated flame retardant market share moderately consolidated. Albermarle, Nabaltec, BASF and Israel Chemicals are among notable industry players. Other prominent participants include Chemtura, Clariant, Italmatch Chemicals, DSM, Huber, DuPont, Thor Group and FRX Polymers.
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