Market Overview:
The global tris(tribromoneopentyl)phosphate (TTBP) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. TTBP is used as an additive flame retardant in various applications such as plastics, textiles, coatings, and elastomers. It helps in the prevention of fire by reducing the flammability and heat release rate of materials. The growth of the TTBP market is mainly driven by the increasing demand for flame retardants from end-use industries such as construction and automotive. In addition, stringent regulations on flammability are also fueling the demand for TTBP globally. However, volatility in prices of raw materials may restrain the growth of this market to some extent during the forecast period. On basis on type ,the global tris(tribromoneopentyl)phosphate (TTBP)market can be segmented into bromine content 70%, others . On basis on application ,the global tris(tribromoneopentyl)phosphate (TTBP)market can be segmented into additive flame retardant, others .Regionally ,the global tris(tribromoneopentyl)phosphate (TTBP )market can be segmented into North America,, Latin America,, Europe,, Asia Pacific and Middle East & Africa,.
Product Definition:
Tris(tribromoneopentyl)phosphate (TTBP) is a flame retardant used in plastics, foams, and textiles. It works by interrupting the chemical chain reaction that leads to combustion.
Bromine Content 70%:
Bromine content 70% is a colorless liquid used as an ingredient in the production of flame retardants. It has antimony, bromine and chlorine as its main ingredients. The product is manufactured by the reaction between chlorinated organic compounds and bromine which takes place at high pressure and temperature in the presence of calcium hypochlorite or other suitable catalyst.
Others:
Others are a group of chemicals used as an additive in the production of pesticides, insecticides, and herbicides. The most common Others include bromomethane (BME), chloromethane (CM), and methyl bromide (MBr). Others are also used in the production of poly Brominated Polyethylene Terephthalate(PBT) fibers.
Application Insights:
The additive flame retardant application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to stringent regulatory norms for fire safety implemented in developed economies such as the U.S., Germany, France and UK. These countries have a well-established chemical industry which contributes significantly to overall industrial output; this factor has resulted in favorable regulations for additive flame retardants, thereby driving demand globally.
In addition, these additives are used extensively across several end-use industries including electrical & electronics; medical devices; building & construction; automotive & transportation and others that require high-quality products with enhanced performance characteristics such as heat resistance and strength along with low levels of toxic elements like Bromine (Br).
Regional Analysis:
Asia Pacific dominated the global market in terms of both volume and revenue. The region is expected to witness significant growth over the forecast period owing to increasing demand for flame retardants from various end-use industries, such as automotive, consumer goods, and packaging.
The growing population in Asia Pacific has led to an increase in consumption of household products including furniture and carpets which require flame retardancy. Flame retardancy is also required for safety purposes in automobiles due to increased sales of luxury vehicles on account of rising disposable income among consumers. This trend is projected to drive product demand over the next eight years.
North America accounted for a volume share of 22% by 2030 owing with Bromine Content 70%. The U.S.
Growth Factors:
- Increasing demand from end-use industries such as agrochemicals, pharmaceuticals, and plastics
- Growing awareness about the benefits of TTBP among consumers
- Rising investments by key players in research and development activities
- Technological advancements in production processes
- Expansion of distribution networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Tris(Tribromoneopentyl)Phosphate(TTBP) Market Research Report
By Type
Bromine Content 70%, Others
By Application
Additive Flame Retardant, Others
By Companies
Shandong Runke Chemical, YIXING CITY ZHONGZHENG CHEMICAL, Alfa Chemistry, Oceanchem Group Limited, AccuStandard, Lonwin Industry Group Limited, Boroncore LLC, Combi-Blocks Inc, Hefei TNJ Chemical Industry, Loyal Gain International Enterprise Limited
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Tris(Tribromoneopentyl)Phosphate(TTBP) Market Report Segments:
The global Tris(Tribromoneopentyl)Phosphate(TTBP) market is segmented on the basis of:
Types
Bromine Content 70%, 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
Additive Flame Retardant, 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:
- Shandong Runke Chemical
- YIXING CITY ZHONGZHENG CHEMICAL
- Alfa Chemistry
- Oceanchem Group Limited
- AccuStandard
- Lonwin Industry Group Limited
- Boroncore LLC
- Combi-Blocks Inc
- Hefei TNJ Chemical Industry
- Loyal Gain International Enterprise Limited
Highlights of The Tris(Tribromoneopentyl)Phosphate(TTBP) 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:
- Bromine Content 70%
- Others
- By Application:
- Additive Flame Retardant
- 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 Tris(Tribromoneopentyl)Phosphate(TTBP) 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.
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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?
TTBP is a tribromoneopentyl phosphate. It is a white to off-white powder with a characteristic odor. TTBP is used in the production of plastics and other materials.
Some of the major companies in the tris(tribromoneopentyl)phosphate(ttbp) market are Shandong Runke Chemical, YIXING CITY ZHONGZHENG CHEMICAL, Alfa Chemistry, Oceanchem Group Limited, AccuStandard, Lonwin Industry Group Limited, Boroncore LLC, Combi-Blocks Inc, Hefei TNJ Chemical Industry, Loyal Gain International Enterprise Limited.
The tris(tribromoneopentyl)phosphate(ttbp) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Tris(Tribromoneopentyl)Phosphate(TTBP) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Tris(Tribromoneopentyl)Phosphate(TTBP) Market Size & Forecast, 2020-2028 4.5.1 Tris(Tribromoneopentyl)Phosphate(TTBP) Market Size and Y-o-Y Growth 4.5.2 Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Bromine Content 70%
5.2.2 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 Additive Flame Retardant
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Tris(Tribromoneopentyl)Phosphate(TTBP) 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 Bromine Content 70%
9.6.2 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 Additive Flame Retardant
9.10.2 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 Bromine Content 70%
10.6.2 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 Additive Flame Retardant
10.10.2 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 Bromine Content 70%
11.6.2 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 Additive Flame Retardant
11.10.2 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 Bromine Content 70%
12.6.2 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 Additive Flame Retardant
12.10.2 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 Bromine Content 70%
13.6.2 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 Additive Flame Retardant
13.10.2 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 Tris(Tribromoneopentyl)Phosphate(TTBP) Market: Competitive Dashboard
14.2 Global Tris(Tribromoneopentyl)Phosphate(TTBP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shandong Runke Chemical
14.3.2 YIXING CITY ZHONGZHENG CHEMICAL
14.3.3 Alfa Chemistry
14.3.4 Oceanchem Group Limited
14.3.5 AccuStandard
14.3.6 Lonwin Industry Group Limited
14.3.7 Boroncore LLC
14.3.8 Combi-Blocks Inc
14.3.9 Hefei TNJ Chemical Industry
14.3.10 Loyal Gain International Enterprise Limited