Market Overview:
The global flame retardant high impact polystyrene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for flame retardant high impact polystyrene from the electronics, automotive, and other industries. In terms of type, the halogen type segment is expected to lead the global flame retardant high impact polystyrene market during the forecast period. This can be attributed to its properties such as good thermal stability and low smoke generation.
Product Definition:
A flame retardant high impact polystyrene is a type of plastic that is designed to be resistant to fire. It is often used in construction and manufacturing applications where safety is a concern.
Halogen Type:
Halogen type is a flame retardant high-impact polystyrene used in various end-use industries. It has the ability to reduce the spread of fire and protect solid combustible materials from rapid oxidation. Halogens are represented by three different elements, namely fluorine, chlorine, and bromine.
Halogen Free Type:
The halogen-free type is a special type of plastic that contains no halogens, which are usually associated with the production of plastics. The absence of these elements in the polymer makes it non-reactive to fire and heat. It can be used as raw material for manufacturing various products such as food containers, cups & lids, packaging films & sheets and others.
Application Insights:
The automotive segment led the global flame retardant high impact polystyrene market and accounted for more than 45.0% share of the overall revenue in 2017. The growing use of polystyrene foams in automobile interior as well as exterior components is expected to drive the demand over the forecast period. In addition, increasing focus on safety by manufacturers is likely to propel industry growth over the coming years.
Electronics was one of key applications segments that accounted for a significant share in 2017 and is expected to grow at a CAGR exceeding 6% from 2018 to 2030 owing to its rising demand from various end-use industries such as consumer electronics, medical equipment & appliances, telecommunication devices and electrical & electronics industry globally. Flame retardants are used in electronic products such as mobile phones, laptops/notebooks etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global exports and imports, which has led to an increase in demand from end-use industries. China is one of the largest markets for flame retardant high impact polystyrene owing to low manufacturing cost coupled with availability of cheap labor and raw material.
Europe accounted for more than 20% revenue share in 2017 on account of rising product demand from automotive, electronics, packaging industry due to stringent regulations by REACH (Registration, Evaluation, Authorization) regarding vehicle safety.
Growth Factors:
- Increasing demand from end-use industries such as construction and automotive
- Growing awareness about the benefits of FRHIPS among consumers
- Rising investment in research and development activities by key players to develop new products
- Expansion of global manufacturing capacities by key players
- Growing demand for lightweight and durable materials in transportation sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Flame Retardant High Impact Polystyrene Market Research Report
By Type
Halogen Type, Halogen Free Type
By Application
Electronics, Automotive, Others
By Companies
Kumho Petrochemical, TOTAL, CHIMEI, LG Chem, Dow, LOTTE Chemical, Keyuan, Kingfa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Flame Retardant High Impact Polystyrene Market Report Segments:
The global Flame Retardant High Impact Polystyrene market is segmented on the basis of:
Types
Halogen Type, Halogen Free Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kumho Petrochemical
- TOTAL
- CHIMEI
- LG Chem
- Dow
- LOTTE Chemical
- Keyuan
- Kingfa
Highlights of The Flame Retardant High Impact Polystyrene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Halogen Type
- Halogen Free Type
- By Application:
- Electronics
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flame Retardant High Impact Polystyrene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flame retardant high impact polystyrene is a type of plastic that can resist fire. It is made from styrene and other chemicals, and it can be used in products such as furniture, packaging, and other items. Flame retardant high impact polystyrene is often used in products that are likely to be exposed to fire, such as televisions and computers.
Some of the key players operating in the flame retardant high impact polystyrene market are Kumho Petrochemical, TOTAL, CHIMEI, LG Chem, Dow, LOTTE Chemical, Keyuan, Kingfa.
The flame retardant high impact polystyrene market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flame Retardant High Impact Polystyrene Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flame Retardant High Impact Polystyrene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flame Retardant High Impact Polystyrene Market - Supply Chain
4.5. Global Flame Retardant High Impact Polystyrene Market Forecast
4.5.1. Flame Retardant High Impact Polystyrene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flame Retardant High Impact Polystyrene Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flame Retardant High Impact Polystyrene Market Absolute $ Opportunity
5. Global Flame Retardant High Impact Polystyrene Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
5.3.1. Halogen Type
5.3.2. Halogen Free Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flame Retardant High Impact Polystyrene Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Automotive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flame Retardant High Impact Polystyrene Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flame Retardant High Impact Polystyrene Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flame Retardant High Impact Polystyrene Demand Share Forecast, 2019-2026
9. North America Flame Retardant High Impact Polystyrene Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Automotive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
9.7.1. Halogen Type
9.7.2. Halogen Free Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flame Retardant High Impact Polystyrene Demand Share Forecast, 2019-2026
10. Latin America Flame Retardant High Impact Polystyrene Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Automotive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
10.7.1. Halogen Type
10.7.2. Halogen Free Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flame Retardant High Impact Polystyrene Demand Share Forecast, 2019-2026
11. Europe Flame Retardant High Impact Polystyrene Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Automotive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
11.7.1. Halogen Type
11.7.2. Halogen Free Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flame Retardant High Impact Polystyrene Demand Share, 2019-2026
12. Asia Pacific Flame Retardant High Impact Polystyrene Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Automotive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
12.7.1. Halogen Type
12.7.2. Halogen Free Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flame Retardant High Impact Polystyrene Demand Share, 2019-2026
13. Middle East & Africa Flame Retardant High Impact Polystyrene Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Automotive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flame Retardant High Impact Polystyrene Market Size and Volume Forecast by Type
13.7.1. Halogen Type
13.7.2. Halogen Free Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flame Retardant High Impact Polystyrene Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flame Retardant High Impact Polystyrene Market: Market Share Analysis
14.2. Flame Retardant High Impact Polystyrene Distributors and Customers
14.3. Flame Retardant High Impact Polystyrene Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kumho Petrochemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TOTAL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CHIMEI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LG Chem
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LOTTE Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Keyuan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kingfa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook