Flame Retardants Market size by Type and Applications - AMR Flame Retardants Market | Page 2
Introduction to Flame Retardants Market
• Flame Retardants Market Report , published by Allied Market Research , projects that the global market is estimated to reach $ 10,212 million by 2022 , growing at a CAGR of 6.6 % from 2016 to 2022 .
• The epoxy resins segment held nearly one-fourth of the total market in 2015 .
• At present , the global flame retardants market witnesses vivid opportunities due to the increase in demand for flame retardant chemicals in a wide number of end use industries .
• Flame retardants such as polyolefin nanocomposites find major use in the automotive industry and other end user industries such as packaging , building and construction , appliances , electrical and electronics , tools and sporting equipment .
• Flammable plastic materials are used in abundance in modern vehicles , foams , cables , textiles , polymer formulations for electronic applications as well as in mechanical parts .
• This pose a high range of fire risk . Hence , flame retardants are added to these materials to halt fires in mechanical , structural , and decorative components , such as electrical short circuits , mechanical faults , and overheating .
Introduction to Flame Retardants Market
• Flame Retardants Market Report , published by Allied Market Research , projects that the global market is estimated to reach $ 10,212 million by 2022 , growing at a CAGR of 6.6 % from 2016 to 2022 .
• The epoxy resins segment held nearly one-fourth of the total market in 2015 .
• At present , the global flame retardants market witnesses vivid opportunities due to the increase in demand for flame retardant chemicals in a wide number of end use industries .
• Flame retardants such as polyolefin nanocomposites find major use in the automotive industry and other end user industries such as packaging , building and construction , appliances , electrical and electronics , tools and sporting equipment .
• Flammable plastic materials are used in abundance in modern vehicles , foams , cables , textiles , polymer formulations for electronic applications as well as in mechanical parts .
• This pose a high range of fire risk . Hence , flame retardants are added to these materials to halt fires in mechanical , structural , and decorative components , such as electrical short circuits , mechanical faults , and overheating .