Market Overview:
The global flame-retarded ABS market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for flame-retarded ABS from various applications such as appliances, office automation (OA) machines, automotive components, and industrial products. In terms of type, the non-halogen type segment is expected to account for a larger share of the global flame-retarded ABS market during the forecast period. This can be attributed to its properties such as low smoke emission and low toxicity. In terms of application, the appliance segment is expected to account for a larger share of the global flame retardant ABS market during the forecast period. This can be attributed to rising demand from end users for appliances that are safe and comply with safety regulations.
Product Definition:
Flame retarded ABS is a type of ABS that has been treated with flame retardants. This treatment helps to reduce the flammability of the plastic. Flame retarded ABS is important because it can help to reduce the risk of fire and improve safety.
Non-halogen Type:
Non-halogen type is a flame retardant added to the plasticizers. The most common non-halogen flame retardants are antimony oxide, brominated & chlorinated paraffins and quaternary ammonium compounds.
The global non-halogen type market was valued at USD 536 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Halogen Type:
Halogen type is a flame-retardant additive and it works by increasing the melting point of polymer. It is added in small quantities to enhance properties such as impact resistance, heat stability, and glass transition temperature. The global halogen type market size was estimated at USD 536 million in 2016. Increasing demand for flame retardants coupled with growing concerns regarding worker safety at manufacturing facilities are expected to drive the industry growth over the forecast period.
Application Insights:
The global flame-retarded ABS market is segmented on the basis of application into appliances, other automotive components, Other Automotive (OA) machine parts, industrial and construction. The Other Automotive (OA) machine parts segment accounted for a major share in 2017 owing to increasing demand for OA machines from various end-use industries such as electrical & electronics and medical equipment.
The growing demand for OA machines in developed economies of North America and Europe has resulted in an increased focus on safety aspects related to these machines which has driven their usage with flame retardant acrylates. In addition to this factor, factors such as rising health awareness among consumers coupled with stringent government regulations regarding fire safety are expected to drive the growth of appliances over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 35% in 2017 owing to increasing demand from industries including automotive, construction, consumer appliances and industrial applications. Flame-retarded ABS is widely used as an interior material due to its excellent characteristics such as high temperature resistance up todegree Celsius.
The growing manufacturing sector across emerging economies of Asia Pacific has ledto increased demand for flame-retardant plastics with superior mechanical properties at low cost. Flame retardancy property of plastics can be improved by adding halogen gas which makes it suitablefor use in various applications including furniture, packaging, etc., thereby boosting industry growth across this region over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising awareness about the benefits of flame retardant ABS among consumers and designers
- Growing popularity of flame retardant ABS in developing countries due to increasing construction activities
- Technological advancements that have led to the development of new grades of flame retardant ABS with better properties
- Stringent regulations on flammability for products used in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Flame-retarded ABS Market Research Report
By Type
Non-halogen Type, Halogen Type
By Application
Appliance, OA Machine, Automotive, Industrial
By Companies
Chi Mei, LG Chem, SABIC, Lotte Advanced Materials, KKPC, Formosa Plastics, Grand Pacific Chemical, Techno-UMG, Toray, CNPC, Chi Mei
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Flame-retarded ABS Market Report Segments:
The global Flame-retarded ABS market is segmented on the basis of:
Types
Non-halogen Type, Halogen 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
Appliance, OA Machine, Automotive, Industrial
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:
- Chi Mei
- LG Chem
- SABIC
- Lotte Advanced Materials
- KKPC
- Formosa Plastics
- Grand Pacific Chemical
- Techno-UMG
- Toray
- CNPC
- Chi Mei
Highlights of The Flame-retarded ABS 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:
- Non-halogen Type
- Halogen Type
- By Application:
- Appliance
- OA Machine
- Automotive
- Industrial
- 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-retarded ABS 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-retarded ABS is a type of plastic that is resistant to fire.
Some of the key players operating in the flame-retarded abs market are Chi Mei, LG Chem, SABIC, Lotte Advanced Materials, KKPC, Formosa Plastics, Grand Pacific Chemical, Techno-UMG, Toray, CNPC, Chi Mei.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flame-retarded ABS 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 Flame-retarded ABS Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Flame-retarded ABS 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 Flame-retarded ABS 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 Flame-retarded ABS Market Size & Forecast, 2020-2028 4.5.1 Flame-retarded ABS Market Size and Y-o-Y Growth 4.5.2 Flame-retarded ABS 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 Non-halogen Type
5.2.2 Halogen Type
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 Appliance
6.2.2 OA Machine
6.2.3 Automotive
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flame-retarded ABS 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 Flame-retarded ABS 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 Non-halogen Type
9.6.2 Halogen Type
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 Appliance
9.10.2 OA Machine
9.10.3 Automotive
9.10.4 Industrial
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 Non-halogen Type
10.6.2 Halogen Type
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 Appliance
10.10.2 OA Machine
10.10.3 Automotive
10.10.4 Industrial
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 Non-halogen Type
11.6.2 Halogen Type
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 Appliance
11.10.2 OA Machine
11.10.3 Automotive
11.10.4 Industrial
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 Non-halogen Type
12.6.2 Halogen Type
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 Appliance
12.10.2 OA Machine
12.10.3 Automotive
12.10.4 Industrial
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 Non-halogen Type
13.6.2 Halogen Type
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 Appliance
13.10.2 OA Machine
13.10.3 Automotive
13.10.4 Industrial
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 Flame-retarded ABS Market: Competitive Dashboard
14.2 Global Flame-retarded ABS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chi Mei
14.3.2 LG Chem
14.3.3 SABIC
14.3.4 Lotte Advanced Materials
14.3.5 KKPC
14.3.6 Formosa Plastics
14.3.7 Grand Pacific Chemical
14.3.8 Techno-UMG
14.3.9 Toray
14.3.10 CNPC
14.3.11 Chi Mei