Flame Retardant Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Flame Retardant Market is segmented By Product (Non-halogenated, Halogenated), By Application (Epoxy Resins, Polyolefins, PVC, Unsaturated Polyester R....
Flame Retardant Market Size
Market Size in USD Bn
CAGR7.2%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 7.2% |
| Market Concentration | High |
| Major Players | BASF SE, Clariant AG, Albemarle Corporation, Lanxess AG, ICL Group and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Flame Retardant Market Analysis
The flame retardant market is estimated to be valued at USD 9.82 Bn in 2024 and is expected to reach USD 15.98 Bn by 2031. It is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. The flame retardant market is expected to witness steady growth during the forecast period mainly attributed to growing construction activities along with rising need for fire protection in buildings.