Market Overview:
The global FR PP compounds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for FR PP compounds from electrical appliances, automotive, and other applications. In terms of type, the halogen type segment is expected to hold a major share of the global FR PP compounds market during the forecast period. However, with growing awareness about environmental concerns and regulations related to halogenated flame retardants (HFRs), there is an increasing demand for halogen-free flame retardant polypropylene (FRPP) compounds across various applications.
Product Definition:
The term FR PP Compounds refers to Flame retardant polypropylene compounds. These are chemical substances that are used in order to reduce the flammability of materials. They work by slowing the spread of fire and preventing it from reaching high temperatures.
Halogen Type:
Halogen type is a group of compounds, which contain halogens such as fluorine, chlorine, and bromine. Halogens are used in high amount for manufacturing FR PP compounds. The growth factor for halogen type is the increasing demand from end-use industries such as automotive & transportation and construction among others.
Halogen Free Type:
The halogen-free type is a special type of plastic that contains no halogens. It includes polyvinyl chloride (PVC), polypropylene (PP), and other plastics. The growing demand for the product in packaging applications is expected to drive the global market over the forecast period.
FR PP compounds are widely used in food contact materials, such as containers, wraps & films,.
Application Insights:
The automotive application segment led the global FRPP compounds market in 2017. The growth of this segment can be attributed to increasing demand for electric and hybrid vehicles across the globe. Electric vehicles with plastic composites are becoming increasingly popular as they are lightweight, which reduces fuel consumption and also helps reduce pollution.
Automotive is one of the key applications where these materials find a wide range of uses including body panels, hoods & roofs, door panels &frames and interiors among others. Plastic composite materials used in automotive applications have high impact resistance along with being lighter than conventional metals or alloys; this improves fuel efficiency as well as reduces CO2 emissions during vehicle production owing to its lower weight compared to other counterparts such as steel or aluminum Alloys/metals.
Regional Analysis:
Asia Pacific was the largest market for FRPP compounds and accounted for a revenue share of over 35.0% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing product demand from various end-use industries including electrical & electronics, automotive, construction, and others. China is one of the major manufacturing hubs in this region with numerous manufacturers based there; thus resulting in high product consumption across this country.
The European market also held a significant share of global industry demand due to growing automobile production coupled with stringent regulations regarding fuel emissions by various regulatory bodies such as EEA and EU concerning vehicle safety standards since 2010s are driving FRPP compound usage across this region. However North America is projected to be one of the fastest-growing regional markets at an estimated CAGR exceeding 5% during the forecast period on account of rising product demand from several end-use sectors including automotive, construction equipment etc.
Growth Factors:
- Increasing demand from packaging and automotive industries
- Rising awareness about the benefits of FR PP compounds among consumers
- Growing investments in research and development by leading players to develop new products
- Proliferation of online retailing that is fuelling the demand for lightweight packaging solutions
- Expansion of manufacturing capacities by key players to cater to the rising demand
Scope Of The Report
Report Attributes
Report Details
Report Title
FR PP Compounds Market Research Report
By Type
Halogen Type, Halogen Free Type
By Application
Electrical Appliances, Automotive, Others
By Companies
RTP, LG Chem, Hanwha Total, Kingfa, Silver, Polyrocks, Julong, Waylam, Keyuan, Hechang Polymeric, Sunny
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global FR PP Compounds Market Report Segments:
The global FR PP Compounds 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
Electrical Appliances, 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:
- RTP
- LG Chem
- Hanwha Total
- Kingfa
- Silver
- Polyrocks
- Julong
- Waylam
- Keyuan
- Hechang Polymeric
- Sunny
Highlights of The FR PP Compounds 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:
- Electrical Appliances
- 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 FR PP Compounds 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?
FRPP compounds are a type of plastic that is made from two or more types of polymers. FRPPs are often used in products that need to be strong and flexible, like toys and phone cases.
Some of the major players in the fr pp compounds market are RTP, LG Chem, Hanwha Total, Kingfa, Silver, Polyrocks, Julong, Waylam, Keyuan, Hechang Polymeric, Sunny.
The fr pp compounds 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. FR PP Compounds 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. FR PP Compounds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. FR PP Compounds Market - Supply Chain
4.5. Global FR PP Compounds Market Forecast
4.5.1. FR PP Compounds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. FR PP Compounds Market Size (000 Units) and Y-o-Y Growth
4.5.3. FR PP Compounds Market Absolute $ Opportunity
5. Global FR PP Compounds 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. FR PP Compounds 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 FR PP Compounds 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. FR PP Compounds Market Size and Volume Forecast by Application
6.3.1. Electrical Appliances
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 FR PP Compounds 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. FR PP Compounds 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 FR PP Compounds 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. FR PP Compounds 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 FR PP Compounds Demand Share Forecast, 2019-2026
9. North America FR PP Compounds 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 FR PP Compounds 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 FR PP Compounds Market Size and Volume Forecast by Application
9.4.1. Electrical Appliances
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 FR PP Compounds 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 FR PP Compounds Demand Share Forecast, 2019-2026
10. Latin America FR PP Compounds 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 FR PP Compounds 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 FR PP Compounds Market Size and Volume Forecast by Application
10.4.1. Electrical Appliances
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 FR PP Compounds 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 FR PP Compounds Demand Share Forecast, 2019-2026
11. Europe FR PP Compounds 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 FR PP Compounds 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 FR PP Compounds Market Size and Volume Forecast by Application
11.4.1. Electrical Appliances
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 FR PP Compounds 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 Attractveness/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 FR PP Compounds Demand Share, 2019-2026
12. Asia Pacific FR PP Compounds 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 FR PP Compounds 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 FR PP Compounds Market Size and Volume Forecast by Application
12.4.1. Electrical Appliances
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 FR PP Compounds 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 FR PP Compounds Demand Share, 2019-2026
13. Middle East & Africa FR PP Compounds 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 FR PP Compounds 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 FR PP Compounds Market Size and Volume Forecast by Application
13.4.1. Electrical Appliances
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 FR PP Compounds 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 FR PP Compounds Demand Share, 2019-2026
14. Competition Landscape
14.1. Global FR PP Compounds Market: Market Share Analysis
14.2. FR PP Compounds Distributors and Customers
14.3. FR PP Compounds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. RTP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanwha Total
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kingfa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Silver
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polyrocks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Julong
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Waylam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Keyuan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hechang Polymeric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sunny
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
