The international market consultancy has estimated that the global flame retardants market will steady increase in 5 years. The value is expected to reach $10.34 billion by 2019.
From the regional market, the flame-retardant chemicals market is more stable growth in Europe.Asia-Pacific market will continue its rapid growth, mainly due to the development of emerging economies in Asia-Pacific to promote the improvement of fire-retardant chemicals demand. Especially the process of industrialization of major countries such as China, Japan and India to accelerate.
Market in North America is still grow stable and health. However, the market in the Middle East, Africa and Latin America still have potential. though its growth is also optimistic. Consumer marketsin emerging economies will provide more opportunities to manufacturers and suppliers in the future, therefore, the prosperity of these industries will increase demand to flame-retardants.