Chemical industry reports Aerospace Plastic Flame Retardant Market
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Aerospace Plastic Flame Retardant Market Share, Size, Analysis,
Growth, Trends and Forecasts to 2022 | Hexa Research
The global aerospace plastic flame retardant market is anticipated to reach USD 29 million
by 2022. Increasing demand for plastics, because of lesser airframe weight as well as fuel
savings is expected to drive market growth. Rising air traffic and evolving security
standards will also have a positive influence.
The aviation industry is growing on account of new trade routes, esca lating income levels,
and changing lifestyles. This is fueling demand for plastic flame retardants. However,
fluctuating prices of key raw materials, such as phosphorous, nitrogen, and aluminum,
could threaten industry growth.
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