Secunderabad Chronicle

Clariant AG (Switzerland) and Lanxess AG (Germany) are the Major Players in the Halogen-Free Flame Retardants Market

 Breaking News
  • No posts were found

Clariant AG (Switzerland) and Lanxess AG (Germany) are the Major Players in the Halogen-Free Flame Retardants Market

April 28
07:54 2021
Clariant AG (Switzerland) and Lanxess AG (Germany) are the Major Players in the Halogen-Free Flame Retardants Market

Browse 244 market data Tables and 59 Figures spread through 223 Pages and in-depth TOC on “Halogen-Free Flame Retardants Market”
Halogen-Free Flame Retardants Market by Type (Aluminum Hydroxide, Organophosphorus), Application (Polyolefins, UPE, ETP, Styrenics), End-Use Industry (Electrical & Electronics, Construction, Transportation), Region

The halogen-free flame retardants market size is projected to reach USD 6.2 billion by 2025 from USD 4.1 billion in 2020, at a CAGR of 8.60%. stringent regulations against use of toxic halogenated flame retardants is expected to support the growth of the halogen-free flame retardants market. However, high loading level of mineral based flame retardants is restraining the growth of the market. On the other hand, the introduction of more efficient products has created opportunities for manufacturers.

North America is expected to dominate the halogen-free flame retardants market, followed by Europe. The strict regulations in these regions regarding the use of safer chemicals across all industry products will drive the market for halogen-free flame retardants. The rising demand for safer consumer electronics and strict fire safety regulations for residential & commercial building materials will generate the demand for halogen-free flame retardants. Non-halogenated flame retardants are used in textiles, home furnishings, and furniture to reduce the risk of fire hazard.

Clariant AG (Switzerland), Lanxess AG (Germany), Israel Chemicals Ltd. (Israel), Nabaltec AG (Germany), and Huber Engineered Materials (US)  are the major players in this market.

To know about the assumptions considered for the study download the pdf brochure

Clariant AG is one of the the largest players in the halogen-free flame retardants market. It has a strong brand name in the industry. Clariant AG is a renowned leader in specialty chemicals. Its units are well managed in the following business areas-care chemicals, catalysis, and natural resources. The company has a vast product line, catering to a wide range of industries.

  • Recently, in October 2019, Clariant introduced 11 new bio-based additives under the Eolit OP Terra and Licocene Terra brands. These high-performance additives will reduce fossil consumption and create a sustainable value chain.
  • In May 2019, The company launched non-halogenated Exolit 855. It is a transparent topcoat that is also water-resistant, suitable for light and dark wood

Israel Corporation Limited is also a large player in the halogen-free flame retardants market. Israel Chemicals Ltd. is a leading manufacturer of specialty fertilizers, phosphate products, and flame retardants. The company has four segments, namely, Industrial Products, Potash, Phosphate Solutions, and Innovative Agricultural Solutions. Its well-established distribution network and brand value serve as an important factor for its future growth prospects.

BASF SE is the second-largest player in the halogen-free flame retardants market. The company leverages digital technologies and data to create additional value-added services for its customers. BASF SE is focusing on enhancing its market reach by foraying into new markets. The company has launched new products to strengthen its product portfolio.

  • In July 2019, BASF SE launched new polyamide and polybutylene terephthalate grades developed can be used as halogen-free flame retardants to produce high-voltage components in vehicles.

Request for Sample Report:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States

Related Articles