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In a major breakthrough, LANXESS AG, a leading specialty chemicals firm based in Germany, has introduced highly reinforced Non-halogenated flame retardant polyamide Durethan BKV 45 FN04 possessing beneficial features such as exceptional light reflection, heat resistance, tensile strength, high thermal conductivity, and durability.
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Non-halogenated flame retardants market to Register Substantial Expansion by 2024: Fractovia Non Halogenated Flame Retardants Market Size By Application (Polyolefins, Epoxy Resin, UPE, PVC, ETP, Rubber, Styrenics), By Product (Aluminum Hydroxide, Phosphorous Based), By End Use (Construction, Electrical, Transportation), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, India, Saudi Arabia, UAE), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024
Overview: • The incessant efforts by governmental bodies to maintain environmental safety have led to the augmentation of non-halogenated flame retardants market • Citing an instance of the same, FRX Polymers, a key player in non-halogenated flame retardants industry, has developed an eco-friendly product named Nofia ® flame retardant as a replacement for Antimony, a halogenated flame retardant, in brominated flame retardant systems. • The light-weight, low-priced non-halogenated flame retardant apparently finds myriad applications across the transportation, consumer electronics, construction, and textiles sectors, owing to its beneficial traits such as durability, transparency, and high melt flow. • Analogous to the aforementioned, Clariant, a renowned specialty chemicals firm has introduced Exolit OP® 1400, a non-halogenated flame retardant, which provides thermal stability for polyamides and is known for its sustainability & outstanding performance across warm and moist conditions.
Europe Non Halogenated Flame Retardants Market size, by end use, 2013-2024 (USD Million)
Product Trends: • Capacity expansions have contributed substantially toward non-halogenated flame retardants market since past few years and the trend is expected to depict an upswing even over the many years to come. In 2016, Huber Engineered Materials, a division of J.M. Huber Corporation and a major player in non-halogenated flame retardants market, had declared to expand the production capacity of its product Martinal® fine precipitated alumina trihydrate (ATH) flame retardants by 10% at its newly purchased Martinswerk unit in Germany.
Regional Trends: • The rapid surge in the construction activities across India and China has powered the growth of non-halogenated flame retardants industry across APAC, with China contributing over 40% of the regional construction expenditure. On the contrary, LATAM non-halogenated flame retardants market is largely dependent on the transportation sector, which has observed a rampant expansion over the last few years. • In 2016, Huber Engineered Materials, a division of J.M. Huber Corporation and a major player in non-halogenated flame retardants market, had declared to expand the production capacity of its product Martinal® fine precipitated alumina trihydrate (ATH) flame retardants by 10% at its newly purchased Martinswerk unit in Germany. • Competitive Trends:
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