Global Flame-Retarded Resin market cagr 14.8%

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Flame-Retarded Resin Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Flame-Retarded Resin Market

Flame-Retarded Resin Market Size and Growth

The global flame-retarded resin market is projected to reach a size of USD 2.2 billion by 2024, growing at a CAGR of 6.5% during the forecast period. The market is witnessing significant growth due to increasing demand for flame retardant materials in various industries, particularly in construction and automotive sectors.

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Companies Covered (Covid 19 Impact Covered)

◍ Ashland Inc.

◍ Huntsman Corporation

◍ BASF SE

◍ Georgia Pacific Chemicals LLC

◍ Hexion Inc.

◍ Polynt Composites

◍ Olin Corporation

◍ Sumitomo Bakelite Co., Ltd.

◍ SI Group Inc.

◍ AOC LLC

The competitive landscape of the Flame-Retarded Resin

Market includes key players such as Ashland Inc., Huntsman Corporation, BASF SE, Georgia Pacific Chemicals LLC, Hexion Inc., Polynt Composites, Olin Corporation, Sumitomo Bakelite Co., Ltd., SI Group Inc., and AOC LLC. These companies offer flame-retarded resin products for various industries such as construction, automotive, electronics, and aerospace, contributing to the market growth.

- Ashland Inc. sales revenue: $3.49 billion

- Huntsman Corporation sales revenue: $7.04 billion

- BASF SE sales revenue: €59.17 billion

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Market Segmentation

By Application

◍ Transportation

◍ Building & Construction

◍ Electrical & Electronic

◍ Aerospace & Defense

◍ Others

By Product

◍ Phenolic Resin

◍ Polyester Resin

◍ Epoxy Resin

◍ Others

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Market Growth

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$ X Billion USD

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