The electronics segment contributed to the highest market share in 2020, accounting for nearly two-fifths of the global flame retardants market, and is projected to maintain its lead position during the forecast period. Moreover, this segment is projected to manifest the fastest CAGR of 7.0% from 2021 to 2030. This is attributed to increase in …
Tag Archives: Flame Retardants Market
Flame Retardants Market Statistics 2030: Major Factors that can Increase the Global Demand
Asia-Pacific, followed by Europe and North America, accounting for the highest market share in terms of revenue in 2020, contributing to nearly two-fifths of the global flame retardants market, and is expected to maintain its dominance by 2030. Moreover, this segment is projected to register the fastest CAGR of 7.4% during the forecast period. This …
Flame Retardants Market For The Foreseeable Future and Should Push Past US $14.0 Billion by The End of 2030
The global flame retardants industry generated $7.4 billion in 2020, and is expected to reach $14.0 billion by 2030, witnessing a CAGR of 6.6% from 2021 to 2030. Drivers, Restraints, and Opportunities Technological advancements, rise in R&D activities, and surge in applications in the construction and electronics sector drive the growth of the global flame …