Market Overview:
The global low smoke halogen free flame retardant polypropylene 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 low smoke halogen free flame retardant polypropylene from various end-use industries, such as construction, automotive, electrical & electronics and industrial. Low smoke halogen free flame retardant polypropylene is used in various applications owing to its properties such as high thermal stability, good impact resistance and excellent chemical resistance. North America dominates the global low smoke halogen free flame retardant polypropylene market due to the presence of major players operating in this region and growing demand for low smoke halogen free flame retardant polypropylene from end-use industries.
Product Definition:
A flame retardant is a substance that is added to a material in order to slow or stop the spread of fire. Low smoke halogen free flame retardant polypropylene (LSHF-PP) is a type of flame retardant that does not produce large amounts of smoke or toxic gases when it burns. This makes it ideal for use in products that may be exposed to heat or flames, such as furniture, car parts, and building materials. LSHF-PP helps protect people and property from the dangers of fire, and it also reduces the environmental impact of fires by helping to keep them from spreading.
IEC60332-1:
IEC60332-1 is a type of polypropylene resin that has been processed to remove halogen groups. IEC60332-1 has an extremely high melting point and low smoke generation rate.
The global market for IEC60332-1 in LSHFP polypropylene application is expected to grow at a significant pace over the forecast period owing to its superior properties as compared with other conventional flame retardants including brominated ones.
IEC60332-2:
IEC60332-2 is a standard specification for polypropylene used in electrical and electronic appliances. It is free from halogen elements which makes it suitable for use in fire-safe products. The product also meets the flame retardant requirements as per EN13795-1, and can be used across various industries including automotive, building & construction, consumer goods, medical devices & equipment manufacturing among others.
Application Insights:
The construction industry was the largest application segment and accounted for a market share of over 35% in terms of revenue in 2017. The growth can be attributed to increasing urbanization, which is leading to an increase in construction activities across the globe. Construction is one of the major industries that drives economic growth globally, thus providing ample opportunities for flame retardant polypropylene worldwide.
Automotive was another significant segment accounting for a volume share of over 25%in 2017 owing to growing automotive production globally coupled with stringent government regulations regarding vehicle safety standards.
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 production owing to cheap labor, availability of raw materials, and technological advancements. China emerged as a prominent consumer in this region on account of rapid industrialization coupled with government support for promoting domestic consumption.
The European market is anticipated to witness significant growth over the forecast period owing to stringent regulations about environmental pollution along with rising awareness among consumers regarding health hazards associated with flame retardants. Rising demand from several end-use industries such as automotive, construction, electrical & electronics are also projected favorably impact industry growth in Europe during the same period.
North America accounted for more than 20% revenue share in 2017 due to increasing application scope within various end-use industries such as automotive.
Growth Factors:
- Increasing demand from end-use industries: The global Low Smoke Halogen Free Flame Retardant Polypropylene market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, electrical and electronics, construction, and others.
- Rising awareness about safety: There is a growing awareness among consumers about the importance of safety in various applications, which is driving the demand for Low Smoke Halogen Free Flame Retardant Polypropylene products.
- Technological advancements: The development of new technologies that can improve the flame retardancy of polypropylene products is expected to fuel the growth of this market in the coming years.
- Growing popularity of low smoke halogen free flame retardants: The use of low smoke halogen free flame retardants has been gaining popularity owing to their ability to provide better fire protection without any adverse effects on human health or environment. This is likely to boost the demand for Low Smoke Halogen Free Flame Retardant Polypropylene products in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Smoke Halogen Free Flame Retardant Polypropylene Market Research Report
By Type
IEC60332-1, IEC60332-2, IEC60332-3
By Application
Construction, Automotive, Electrical&Electronics, Industrial
By Companies
Lanxess, Mexichem, RTP, Thor, Washington Penn Plastic, Lanxess
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Low Smoke Halogen Free Flame Retardant Polypropylene Market Report Segments:
The global Low Smoke Halogen Free Flame Retardant Polypropylene market is segmented on the basis of:
Types
IEC60332-1, IEC60332-2, IEC60332-3
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
Construction, Automotive, Electrical&Electronics, 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:
- Lanxess
- Mexichem
- RTP
- Thor
- Washington Penn Plastic
- Lanxess
Highlights of The Low Smoke Halogen Free Flame Retardant Polypropylene 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:
- IEC60332-1
- IEC60332-2
- IEC60332-3
- By Application:
- Construction
- Automotive
- Electrical&Electronics
- 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 Low Smoke Halogen Free Flame Retardant Polypropylene 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?
Low smoke halogen free flame retardant polypropylene is a type of plastic that does not contain any chemicals that can cause smoke or fire. This type of plastic is often used in products that need to be safe from fire, such as furniture and electronics.
Some of the major companies in the low smoke halogen free flame retardant polypropylene market are Lanxess, Mexichem, RTP, Thor, Washington Penn Plastic, Lanxess.
The low smoke halogen free flame retardant polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size & Forecast, 2018-2028
4.5.1 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size and Y-o-Y Growth
4.5.2 Low Smoke Halogen Free Flame Retardant Polypropylene Market Absolute $ Opportunity
Chapter 5 Global Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
5.2.1 IEC60332-1
5.2.2 IEC60332-2
5.2.3 IEC60332-3
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Electrical&Electronics
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Analysis and Forecast
9.1 Introduction
9.2 North America Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
9.6.1 IEC60332-1
9.6.2 IEC60332-2
9.6.3 IEC60332-3
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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Electrical&Electronics
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 Low Smoke Halogen Free Flame Retardant Polypropylene Analysis and Forecast
10.1 Introduction
10.2 Europe Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
10.6.1 IEC60332-1
10.6.2 IEC60332-2
10.6.3 IEC60332-3
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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Electrical&Electronics
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 Low Smoke Halogen Free Flame Retardant Polypropylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
11.6.1 IEC60332-1
11.6.2 IEC60332-2
11.6.3 IEC60332-3
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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Electrical&Electronics
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 Low Smoke Halogen Free Flame Retardant Polypropylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Smoke Halogen Free Flame Retardant Polypropylene 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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
12.6.1 IEC60332-1
12.6.2 IEC60332-2
12.6.3 IEC60332-3
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 Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Electrical&Electronics
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) Low Smoke Halogen Free Flame Retardant Polypropylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Smoke Halogen Free Flame Retardant Polypropylene 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) Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Type
13.6.1 IEC60332-1
13.6.2 IEC60332-2
13.6.3 IEC60332-3
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) Low Smoke Halogen Free Flame Retardant Polypropylene Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Electrical&Electronics
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 Low Smoke Halogen Free Flame Retardant Polypropylene Market: Competitive Dashboard
14.2 Global Low Smoke Halogen Free Flame Retardant Polypropylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 Mexichem
14.3.3 RTP
14.3.4 Thor
14.3.5 Washington Penn Plastic
14.3.6 Lanxess
