Market Overview:
The global brominated flame retardant coating additive market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for brominated flame retardants in various applications, such as furnishing, automotive, and consumer electronics. In addition, the growing awareness about fire safety among consumers is also propelling the demand for these additives. PBDEs are expected to account for a major share of the global market due to their high thermal stability and low flammability characteristics. Based on application, the market has been segmented into furnishing, automotive, consumer electronics, and others. Furnishing is projected to be one of fastest-growing applications during the forecast period owing to rising demand from developing countries such as China and India.
Product Definition:
Brominated flame retardant coatings additive is a compound that is used to improve the fire-resistance of materials. It works by coating the material and creating a barrier between the fuel and oxygen, which reduces the chance of ignition. Brominated flame retardant coatings additive can be used on a variety of materials, including plastics, textiles, and foams.
Polybrominated Diphenyl Ethers (PBDEs):
Polybrominated Diphenyl Ethers (PBDE) is a group of flame retardants that are used in the production of brominated flame retardant coating additives. PBDEs have an excellent ability to suppress fire development on polymers and also provide high thermal stability. They can be easily processed, molded, and extruded which makes them suitable for industrial applications such as electrical & electronics, building & construction materials along with transportation industry.
Polybrominated Biphenyl(PBBs):
Polybrominated Biphenyls or PBB are a group of flame retardants that have gained wide acceptance in the fire-resistant coatings industry. They possess enhanced properties such as high thermal stability, low flammability and smoke generation, and good adhesion to polymers. These raw materials are used for manufacturing various products including electrical equipment, insulations & cables, molded & fabricated plastics parts in aircraft interiors and exteriors along with textiles.
Application Insights:
The automotive application segment led the global brominated flame retardant coating additive market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising demand for Brominated Flame Retardant (BFR) based fire protection products in automotive applications, owing to high safety standards and regulations imposed on the use of flammable materials are expected to drive growth during the forecast period.
Increasing production capacities coupled with rising sales volumes of Brompton bikes by folding bike manufacturers such as Brompton Technology Ltd., Raleigh International N.V., Giant bicycles India Pvt. Ltd., and others are anticipated to propel industry expansion over the coming years inclination towards biking as a mode of transportation, thereby driving demand for BFR additives used in manufacturing bicycle frames & parts globally, especially in Asia Pacific region where biking is very popular sport activity among youth population groups across countries like China Japan Indonesia etc.
Regional Analysis:
North America accounted for the largest market share of over 40% in 2017. The region is expected to witness a growth rate of 5.8% from 2018 to 2030 owing to the presence of strict regulations regarding flame retardancy and environmental sustainability coupled with increasing product demand from key application sectors including automotive, consumer electronics, and others.
The U.S., being one of the most developed countries in terms of technology witnessed an increase in demand for flame retardant furniture along with other household products which resulted into high consumption levels for brominated additives during 2016-2017 period as compared to previous years.
Asia Pacific emerged as a lucrative market due its low cost structure and availability of skilled labor force at Bromine Chemical & Fertilizers Pvt Ltd.
Growth Factors:
- Increasing demand from end-use industries: The global Brominated Flame Retardant Coating Additive market is witnessing a significant growth due to the increasing demand from end-use industries such as construction, automotive, and electrical & electronics.
- Growing awareness about the benefits of flame retardants: There is a growing awareness among consumers about the benefits of using flame retardants, which is propelling the growth of the Brominated Flame Retardant Coating Additive market.
- Technological advancements in flame retardant coatings: The technological advancements in flame retardant coatings are providing new opportunities for players operating in this market. This is helping them to expand their product portfolio and cater to the needs of various end-use industries.
- Rising investments by key players: Key players are investing heavily in research and development activities to develop innovative products that can cater to the needs of different end-use industries. This is helping them strengthen their position in this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Brominated Flame Retardant Coating Additive Market Research Report
By Type
Polybrominated Diphenyl Ethers (PBDEs), Polybrominated Biphenyl(PBBs), Brominated Cyclohydrocarbons, Hexabromocyclododecanes (HBCDDs), Others
By Application
Furnishing, Automotive, Consumer Electronics, Others
By Companies
Albemarle Corporation, Israel Chemicals, Lanxess, Clariant, BASF, Italmatch, Nabaltec
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Brominated Flame Retardant Coating Additive Market Report Segments:
The global Brominated Flame Retardant Coating Additive market is segmented on the basis of:
Types
Polybrominated Diphenyl Ethers (PBDEs), Polybrominated Biphenyl(PBBs), Brominated Cyclohydrocarbons, Hexabromocyclododecanes (HBCDDs), Others
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
Furnishing, Automotive, Consumer Electronics, 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:
- Albemarle Corporation
- Israel Chemicals
- Lanxess
- Clariant
- BASF
- Italmatch
- Nabaltec
Highlights of The Brominated Flame Retardant Coating Additive 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:
- Polybrominated Diphenyl Ethers (PBDEs)
- Polybrominated Biphenyl(PBBs)
- Brominated Cyclohydrocarbons
- Hexabromocyclododecanes (HBCDDs)
- Others
- By Application:
- Furnishing
- Automotive
- Consumer Electronics
- 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 Brominated Flame Retardant Coating Additive 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
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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?
Brominated flame retardant coating additive is a type of chemical that helps to prevent fires from occurring in products. Brominated flame retardants are added to many materials, including furniture, textiles, and plastics.
Some of the major players in the brominated flame retardant coating additive market are Albemarle Corporation, Israel Chemicals, Lanxess, Clariant, BASF, Italmatch, Nabaltec.
The brominated flame retardant coating additive market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brominated Flame Retardant Coating Additive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brominated Flame Retardant Coating Additive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brominated Flame Retardant Coating Additive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brominated Flame Retardant Coating Additive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brominated Flame Retardant Coating Additive Market Size & Forecast, 2020-2028
4.5.1 Brominated Flame Retardant Coating Additive Market Size and Y-o-Y Growth
4.5.2 Brominated Flame Retardant Coating Additive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polybrominated Diphenyl Ethers (PBDEs)
5.2.2 Polybrominated Biphenyl(PBBs)
5.2.3 Brominated Cyclohydrocarbons
5.2.4 Hexabromocyclododecanes (HBCDDs)
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Furnishing
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brominated Flame Retardant Coating Additive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brominated Flame Retardant Coating Additive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polybrominated Diphenyl Ethers (PBDEs)
9.6.2 Polybrominated Biphenyl(PBBs)
9.6.3 Brominated Cyclohydrocarbons
9.6.4 Hexabromocyclododecanes (HBCDDs)
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Furnishing
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polybrominated Diphenyl Ethers (PBDEs)
10.6.2 Polybrominated Biphenyl(PBBs)
10.6.3 Brominated Cyclohydrocarbons
10.6.4 Hexabromocyclododecanes (HBCDDs)
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Furnishing
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polybrominated Diphenyl Ethers (PBDEs)
11.6.2 Polybrominated Biphenyl(PBBs)
11.6.3 Brominated Cyclohydrocarbons
11.6.4 Hexabromocyclododecanes (HBCDDs)
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Furnishing
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polybrominated Diphenyl Ethers (PBDEs)
12.6.2 Polybrominated Biphenyl(PBBs)
12.6.3 Brominated Cyclohydrocarbons
12.6.4 Hexabromocyclododecanes (HBCDDs)
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Furnishing
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polybrominated Diphenyl Ethers (PBDEs)
13.6.2 Polybrominated Biphenyl(PBBs)
13.6.3 Brominated Cyclohydrocarbons
13.6.4 Hexabromocyclododecanes (HBCDDs)
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Furnishing
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brominated Flame Retardant Coating Additive Market: Competitive Dashboard
14.2 Global Brominated Flame Retardant Coating Additive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albemarle Corporation
14.3.2 Israel Chemicals
14.3.3 Lanxess
14.3.4 Clariant
14.3.5 BASF
14.3.6 Italmatch
14.3.7 Nabaltec
