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North America Flame Retardant Thermoplastics Market

Market Insights on North America Flame Retardant Thermoplastics covering sales outlook, demand forecast & up-to-date key trends

North America Flame Retardant Thermoplastics Market by Product, Capacity, Application, Distribution Channel & Region - Forecast 2022 - 2032

North America Flame Retardant Thermoplastics Market Outlook (2022-2032)

[309 Pages Report] The North America flame retardant thermoplastics market is expected to reach a market valuation of US$ 3.9 Billion by the year 2022, accelerating with a CAGR of 4.8% by 2022-2032. The North America flame retardant thermoplastics market share is anticipated to be valued at about US$ 6.2 Billion by 2032 end.

The sales of flame retardant thermoplastics in recent years is probably being driven by recent advancements in the consumer electronics and automobiles & related industries. The demand for North America flame retardant thermoplastics is expected to be boosted by technological developments, innovations, and research done to broaden the applicability of the commodity.

Attributes

Value

North America Flame Retardant Thermoplastics Market Size (2022)

US$ 3.9 Billion

North America Flame Retardant Thermoplastics Market Projected Size (2032)

US$ 6.2 Billion

North America Flame Retardant Thermoplastics Market Value CAGR (2022-2032)

4.8%

It can also be anticipated that increased use of environmentally and energy-friendly solutions would have a favorable impact on the North America flame retardant thermoplastics market share. Because of stringent environmental rules and regulations and an increased focus on indoor air quality, it is projected that demand for products made of polystyrene would be crucial for the emerging trends in North America flame retardant thermoplastics market.

The North America flame retardant thermoplastics market growth is projected to be boosted by continuous research and technological advancements in fire resistant polymer composites, which provide great toughness and heat resistance with reduced thickness.

Recently, as evident from the North America flame retardant thermoplastics market survey, there has been a sharp increase in the demand for polycarbonate products in industrial electronic equipment as well as automobile and aerospace applications. Because it is also equally durable and sturdy and certain grades are even optically clear this segment of North America flame retardant thermoplastics market share has acquired a considerable amount of traction in last couple of years.

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What is the Future of North America Flame Retardant Thermoplastics Market?

“Flame retardant thermoplastics in the building and construction sector are anticipated to see significant growth prospects due to the renovation and expansion of city amenities for disadvantaged populations.”

What are the Major Driving Factors for the North America Flame Retardant Thermoplastics Market?

In the upcoming years, the new market research report on North America flame retardant thermoplastics projects an increase in the use of the product in several new application sectors that would force businesses to reverse integrate mostly in the supply chain. Thus a greater involvement of the production process is expected to speed up the process of turning resources into goods and services and provide North America flame retardant thermoplastics market players a price advantage over their competitors.

What are the Existing Challenges for the North America Flame Retardant Thermoplastics Market future Trends?

Thermoplastics, like ABS, deform, making it simple to infuse, shape, and regenerate them. However, owing to its low melting point, ABS is not utilized in high-heat conditions that could limit the growth of the North America flame retardant thermoplastics market growth prospects to certain extent.

Stringent government regulations for controlling the chemical residues released from the flame retardant thermoplastics manufacturing plants can pose as a major challenge for the growth of the target market. Restriction on the sales and uses of halogen is also anticipated to limit the North America flame retardant thermoplastics growth in the future days.

Comparative View of Adjacent North America Flame Retardant Thermoplastics Market

North America Flame Retardant Thermoplastics Market:

Attributes

North America Flame Retardant Thermoplastics Market

CAGR (2022 to 2032)

4.8%

Market Value (2022)

US$ 3.9 Billion

Growth Factor

Emphasis on building fire safety houses and public buildings.

Future Opportunities

Government insistency on making fire retardant polymers as standard building materials.

Market Trends

Drop in prices owing to discovery of new materials and process for manufacturing thermoplastics.

North America Ferrosilicon Market:

Attributes

North America Ferrosilicon Market

CAGR (2022 to 2032)

2.8%

Market Value (2022)

US$ 900 Million

Growth Factor

Extensive utilization of ferrosilicon products in major end-use industries.

Future Opportunities

Expansion of solar energy and the trend toward electric vehicles (EVs) to boost the market.

Market Trends

Over 80% of the total ferrosilicon production is consumed by the steel industry as a source of silicon.

North America Ceramic Tiles Market:

Attributes

North America Ceramic Tiles Market

CAGR (2022 to 2032)

5.3%

Market Value (2022)

US$ 22.5 Billion

Growth Factor

Due to its simplicity of installation and availability in a broad variety

Future Opportunities

Total construction index in North American countries is to plummet in the coming days.

Market Trends

Its growing popularity among consumers for wall and flooring applications.

Polycarbonate is one of the thermoplastics with the best formulations worldwide and is widely utilized in the production of vehicle parts, storage and branding applications, surgical instruments, and other scientific instruments, among other things that is anticipated to make it the highly profitable segment for the North America flame retardant thermoplastics market during the projection period of 2022 to 2032.

The North America market for flame retardant thermoplastics is divided into halogenated and non-halogenated goods based on the raw element used in its manufacturing. Due to the growing international concern over the rising volume of halogen substances in the environment non-halogenated products are getting more encouraged by the recent developments in North America flame retardant thermoplastics market.

The flame retardant thermoplastics end products can also be categorized into crystalline polymers and amorphous polymers based on shape it acquires after its formulation. Based on coating, the flame retardant thermoplastics market products are recognized as brominated, phosphorus, antimony trioxide, and alumina tri-hydrate components having a more or less equal demand in the industrial sector.

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Category-wise Insights for North America Flame Retardant Thermoplastics Cigarettes Market

“The demand for these flame-retardant thermoplastics is anticipated to be boosted by rising funding from public and private organizations for the safety of public buildings and area.”

Which are the Prominent Product Types for the North America flame retardant thermoplastics market?

Acrylonitrile butadiene styrene (ABS), which accounted for more than 34% in the 2021 North America flame retardant thermoplastics market statistics report, established itself as a leading product group in terms of value. It is excellent for a variety of sectors thanks to its qualities, including high tensile strength, stiffness, impact resistance, and inexpensive cost compared to its alternatives.

ABS is easier to use and carry because to its reduced weight making it the most sought after product segment in the North America flame retardant thermoplastics market size. Computer hardware and LEGO sets are also the prominent uses of acrylic butadiene styrene thermoplastic polymers consequently turning up this segment as the most profitable segment for the North America flame retardant thermoplastics market players.

What are the Major Applications Segments of the North America flame retardant thermoplastics market?

Over the course of the forecast period, the automotive and transportation application sub segment is anticipated to expand at a pace of 4.6%. By accounting for more than 17 percent of all flame retardant thermoplastics applications in North America in 2021.

Regional Analysis of the North America Flame Retardant Thermoplastics Market

“Proliferation of megaprojects with the focus on green infrastructure, the United States flame-retardant thermoplastics market is predicted to rise exponentially.”

How North America Flame Retardant Thermoplastics Market Share is performing in US?

The US flame retardant thermoplastics market has been perpetually supported by its building and construction sector that uses these materials more often for manufacturing and commercial applications. The market for flame retardant thermoplastics is also anticipated to increase greatly as a result of the US's expanding affordable housing sector.

The U.S. real estate sector has recently experienced positive trend as a result of an increase in infrastructure projects is expected to propel the flame retardant thermoplastics market key trends and opportunities as well. Moreover, due to increased import taxes, shifting trade agreements, and a booming off-shore trade market the flame retardant thermoplastics market in US is projected to remain dominated during the projected period.

What is the Performance of North America Flame Retardant Thermoplastics Market in Canada?

Canada's building and construction sector is seeing profitable growth prospects promising for North America flame retardant thermoplastics market opportunities in ample amount. Flame retardant thermoplastics manufacturers are also choosing to establish their factories in Canada given the lower establishment costs associated with facilities and the lower cost of production compared to that in the United States.

Additionally, the Canadian government's expenditures in infrastructural development are anticipated to fuel the expansion of the nation's building projects, leading to a strong marketplace for North America flame retardant thermoplastics market future trends during the course of the forecast period.

Similarly, over the forecast timeline of 2022 to 3032, it is predicted that Mexico's expanding residential, industrial, and commercial building sectors would help drive the sales of flame retardant thermoplastics in the country.

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Competitive Landscape for the North America Flame Retardant Thermoplastics Market

In order to meet the escalating market demands, North America flame retardant thermoplastics producers are increasing their infrastructure and manufacturing capacity. Additionally, a lot of businesses that make flame retardant thermoplastics products employ takeover and collaboration techniques to source their input resources.

This North America flame retardant thermoplastics industry is severely fragmented and still relies heavily on consolidations and joint projects, which enable businesses to increase their marketplace presence.

To retain customer satisfaction and broaden their geographical reach, the majority of the flame retardant thermoplastics market key players in the North American have equipped their businesses for producing and distributing raw materials. As a result, the profit margin has increased while giving businesses a strategic profit advantage.

North America flame retardant thermoplastics market prominent players are engaging in R&D operations to create new goods in order to keep up with price competition and evolving consumer choice. It is anticipated that in the upcoming years, research on novel materials with multi-property combinations will find widespread adoption in this market.

Recent Developments in North America Flame Retardant Thermoplastics Market

  • In January 2021, BASF SE revealed that it has created hand straps in collaboration with CoHaMa Co., Ltd. for use in aeronautical and rail transport systems. Flame-retardant thermoplastic polyurethane with no halogen content is used to make these hand straps (TPU) that is expected to drive the sales of in Northern America region.
  • ICL-IP declared in September 2019 that it will be increasing the capacity at which bromine compounds were produced for its Asian clients. It is anticipated to boost FR1025's manufacturing capability by around 50%. FR1025 is an eco-friendly thermoplastic flame retardant promising for a better fortunes for the company in the upcoming days.

North America Flame Retardant Thermoplastics Market Key Players

  • BASF SE
  • LANXESS
  • Dow Inc.
  • ICL
  • RTP Company
  • Huber Engineered Materials
  • Clariant AG
  • Plastics Color Corporation
  • Albemarle Corporation
  • PolyOne Corporation
  • SABIC
  • Asahi Kasei Corporation
  • WASHINGTON PENN PLASTIC CO., INC.
  • Koninklijke DSM N.V.
  • Teknor Apex

North America Flame Retardant Thermoplastics Market by Segmentation

By Product Type:

  • Acrylonitrile & Electricals
  • Polycarbonate (PC)
  • Polypropylene (PP)
  • Polystyrene (PS)

By Application:

  • Electrical & Electronics
    • Housings
    • Switches
    • Sockets
    • Enclosures
    • Others
  • Automotive & Transportation
    • Engine Covers
    • Interior System
    • Chassis Suspension System
    • Other Components
  • Building & Construction
    • Flooring
    • Roofing
    • Others
  • Industrial
  • Others

By Country:

  • US
  • Canada
  • Mexico

Frequently Asked Questions

The North America flame retardant thermoplastics market is expected to grow at 4.8% CAGR over 2022-2032.

The North America flame retardant thermoplastics market is estimated to be around US$ 3.7 Billion in 2022.

The North America flame retardant thermoplastics market is anticipated to reach a valuation of US$ 6.2 Billion by 2032.

The Acrylonitrile butadiene styrene (ABS) product segment is contributes for more than 34% of the market share.

Canada is the rapidly growing market for North America flame retardant thermoplastics business.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Market Analysis 2017-2021 and Forecast 2022-2032, By Product

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Product, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Product, 2022-2032

        5.3.1. Acrylonitrile Butadiene Styrene (ABS)

        5.3.2. Polycarbonate (PC)

        5.3.3. Polypropylene (PP)

        5.3.4. Polystyrene (PS)

    5.4. Y-o-Y Growth Trend Analysis By Product, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Product, 2022-2032

6. Market Analysis 2017-2021 and Forecast 2022-2032, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032

        6.3.1. Electrical & Electronics

            6.3.1.1. Housings

            6.3.1.2. Switches

            6.3.1.3. Sockets

            6.3.1.4. Enclosures

            6.3.1.5. Others

        6.3.2. Automotive & Transportation

            6.3.2.1. Engine Covers

            6.3.2.2. Interior System

            6.3.2.3. Chassis Suspension System

            6.3.2.4. Other Components

        6.3.3. Building & Construction

        6.3.4. Industrial

        6.3.5. Others

    6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Application, 2022-2032

7. Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021

    7.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032

        7.3.1. North America

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    8.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    8.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        8.2.1. By Country

            8.2.1.1. US

            8.2.1.2. Canada

        8.2.2. By Product

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product

        8.3.3. By Application

    8.4. Key Takeaways

9. Key Countries Market Analysis

    9.1. US

        9.1.1. Pricing Analysis

        9.1.2. Market Share Analysis, 2021

            9.1.2.1. By Product

            9.1.2.2. By Application

    9.2. Canada

        9.2.1. Pricing Analysis

        9.2.2. Market Share Analysis, 2021

            9.2.2.1. By Product

            9.2.2.2. By Application

10. Market Structure Analysis

    10.1. Competition Dashboard

    10.2. Competition Benchmarking

    10.3. Market Share Analysis of Top Players

        10.3.1. By Regional

        10.3.2. By Product

        10.3.3. By Application

11. Competition Analysis

    11.1. Competition Deep Dive

        11.1.1. BASF SE

            11.1.1.1. Overview

            11.1.1.2. Product Portfolio

            11.1.1.3. Profitability by Market Segments

            11.1.1.4. Sales Footprint

            11.1.1.5. Strategy Overview

                11.1.1.5.1. Marketing Strategy

                11.1.1.5.2. Product Strategy

                11.1.1.5.3. Channel Strategy

        11.1.2. LANXESS

            11.1.2.1. Overview

            11.1.2.2. Product Portfolio

            11.1.2.3. Profitability by Market Segments

            11.1.2.4. Sales Footprint

            11.1.2.5. Strategy Overview

                11.1.2.5.1. Marketing Strategy

                11.1.2.5.2. Product Strategy

                11.1.2.5.3. Channel Strategy

        11.1.3. Dow Inc.

            11.1.3.1. Overview

            11.1.3.2. Product Portfolio

            11.1.3.3. Profitability by Market Segments

            11.1.3.4. Sales Footprint

            11.1.3.5. Strategy Overview

                11.1.3.5.1. Marketing Strategy

                11.1.3.5.2. Product Strategy

                11.1.3.5.3. Channel Strategy

        11.1.4. ICL

            11.1.4.1. Overview

            11.1.4.2. Product Portfolio

            11.1.4.3. Profitability by Market Segments

            11.1.4.4. Sales Footprint

            11.1.4.5. Strategy Overview

                11.1.4.5.1. Marketing Strategy

                11.1.4.5.2. Product Strategy

                11.1.4.5.3. Channel Strategy

        11.1.5. RTP Company

            11.1.5.1. Overview

            11.1.5.2. Product Portfolio

            11.1.5.3. Profitability by Market Segments

            11.1.5.4. Sales Footprint

            11.1.5.5. Strategy Overview

                11.1.5.5.1. Marketing Strategy

                11.1.5.5.2. Product Strategy

                11.1.5.5.3. Channel Strategy

        11.1.6. Huber Engineered Materials

            11.1.6.1. Overview

            11.1.6.2. Product Portfolio

            11.1.6.3. Profitability by Market Segments

            11.1.6.4. Sales Footprint

            11.1.6.5. Strategy Overview

                11.1.6.5.1. Marketing Strategy

                11.1.6.5.2. Product Strategy

                11.1.6.5.3. Channel Strategy

        11.1.7. Clariant AG

            11.1.7.1. Overview

            11.1.7.2. Product Portfolio

            11.1.7.3. Profitability by Market Segments

            11.1.7.4. Sales Footprint

            11.1.7.5. Strategy Overview

                11.1.7.5.1. Marketing Strategy

                11.1.7.5.2. Product Strategy

                11.1.7.5.3. Channel Strategy

        11.1.8. Albemarle Corporation

            11.1.8.1. Overview

            11.1.8.2. Product Portfolio

            11.1.8.3. Profitability by Market Segments

            11.1.8.4. Sales Footprint

            11.1.8.5. Strategy Overview

                11.1.8.5.1. Marketing Strategy

                11.1.8.5.2. Product Strategy

                11.1.8.5.3. Channel Strategy

        11.1.9. PolyOne Corporation

            11.1.9.1. Overview

            11.1.9.2. Product Portfolio

            11.1.9.3. Profitability by Market Segments

            11.1.9.4. Sales Footprint

            11.1.9.5. Strategy Overview

                11.1.9.5.1. Marketing Strategy

                11.1.9.5.2. Product Strategy

                11.1.9.5.3. Channel Strategy

        11.1.10. SABIC

            11.1.10.1. Overview

            11.1.10.2. Product Portfolio

            11.1.10.3. Profitability by Market Segments

            11.1.10.4. Sales Footprint

            11.1.10.5. Strategy Overview

                11.1.10.5.1. Marketing Strategy

                11.1.10.5.2. Product Strategy

                11.1.10.5.3. Channel Strategy

        11.1.11. Asahi Kasei Corporation

            11.1.11.1. Overview

            11.1.11.2. Product Portfolio

            11.1.11.3. Profitability by Market Segments

            11.1.11.4. Sales Footprint

            11.1.11.5. Strategy Overview

                11.1.11.5.1. Marketing Strategy

                11.1.11.5.2. Product Strategy

                11.1.11.5.3. Channel Strategy

        11.1.12. WASHINGTON PENN PLASTIC CO., INC.

            11.1.12.1. Overview

            11.1.12.2. Product Portfolio

            11.1.12.3. Profitability by Market Segments

            11.1.12.4. Sales Footprint

            11.1.12.5. Strategy Overview

                11.1.12.5.1. Marketing Strategy

                11.1.12.5.2. Product Strategy

                11.1.12.5.3. Channel Strategy

        11.1.13. Koninklijke DSM N.V.

            11.1.13.1. Overview

            11.1.13.2. Product Portfolio

            11.1.13.3. Profitability by Market Segments

            11.1.13.4. Sales Footprint

            11.1.13.5. Strategy Overview

                11.1.13.5.1. Marketing Strategy

                11.1.13.5.2. Product Strategy

                11.1.13.5.3. Channel Strategy

        11.1.14. Teknor Apex

            11.1.14.1. Overview

            11.1.14.2. Product Portfolio

            11.1.14.3. Profitability by Market Segments

            11.1.14.4. Sales Footprint

            11.1.14.5. Strategy Overview

                11.1.14.5.1. Marketing Strategy

                11.1.14.5.2. Product Strategy

                11.1.14.5.3. Channel Strategy

12. Assumptions & Acronyms Used

13. Research Methodology

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List of Tables

Table 1: Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Market Volume (Tons) Forecast by Region, 2017-2032

Table 3: Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 4: Market Volume (Tons) Forecast by Product, 2017-2032

Table 5: Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 6: Market Volume (Tons) Forecast by Application, 2017-2032

Sudip Saha
Principal Consultant
LinkedIn
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List of Charts

Figure 1: Market Value (US$ Mn) by Product, 2022-2032

Figure 2: Market Value (US$ Mn) by Application, 2022-2032

Figure 3: Market Value (US$ Mn) by Region, 2022-2032

Figure 4: Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 5: Market Volume (Tons) Analysis by Region, 2017-2032

Figure 6: Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 7: Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 8: Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 9: Market Volume (Tons) Analysis by Product, 2017-2032

Figure 10: Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 11: Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 12: Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 13: Market Volume (Tons) Analysis by Application, 2017-2032

Figure 14: Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 15: Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 16: Market Attractiveness by Product, 2022-2032

Figure 17: Market Attractiveness by Application, 2022-2032

Figure 18: Market Attractiveness by Region, 2022-2032

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Published : January 2016

Chemicals & Materials

Flame Retardant Chemicals Market

Published : January 1970

Google translate

North America Flame Retardant Thermoplastics Market