세계의 난연성 수지 시장 : 수지 유형별, 난연 유형별, 용도별, 지역별 분석 및 예측(-2030년)

According to Stratistics MRC, the Global Flame Retardant Resins Market is accounted for $52.61 billion in 2024 and is expected to reach $70.58 billion by 2030 growing at a CAGR of 5.9% during the forecast period. Flame retardant resins are specialized polymer materials designed to reduce the flammability of products by inhibiting or slowing down the spread of fire. These resins are often infused with flame-retardant additives that create a protective char layer when exposed to high temperatures, which helps to insulate the underlying material and prevent combustion. Flame retardant resins enhance safety by meeting stringent fire safety regulations and improving the overall fire performance of various applications.

According to the US Fire Administration and National Fire Protection Association's report, in 2019, around 1.3 million fire cases were registered in the US which caused $14.8 billion in property damage.

Market Dynamics:

Driver:

Increased awareness of fire safety

As consumers, businesses, and regulatory bodies become more conscious of fire hazards, there is a greater emphasis on implementing safety measures, including the use of flame retardant materials in construction, electronics, and textiles. This heightened focus leads to stricter regulations and standards that necessitate the incorporation of flame retardants in products. Furthermore, industries are investing in fire-resistant solutions to protect assets and ensure safety, resulting in a substantial increase in the demand for innovative flame retardant resin formulations.

Restraint:

Volatility in the prices of raw materials

Volatility in raw material prices for flame retardant resins is often caused by fluctuating supply and demand dynamics, geopolitical tensions, and changes in environmental regulations impacting sourcing. Price spikes in key ingredients, such as petrochemicals or halogen compounds, can significantly increase production costs for manufacturers. This unpredictability hampers market growth by affecting profit margins and leading to higher prices for end products.

Opportunity:

Expansion in the residential & commercial construction sectors

Regulations and safety standards increasingly focus on fire resistance in construction, prompting architects and builders to prioritize the use of materials containing flame retardants. These resins are utilized in various applications, such as insulation, roofing, and flooring, ensuring compliance with stringent fire safety standards. Additionally, the growing trend toward sustainable and environmentally friendly building practices further drives the demand for advanced flame retardant resins, fostering innovation and product development within the industry.

Threat:

High costs of advanced materials

The high costs of advanced flame retardant materials stem from the complex manufacturing processes, stringent quality control, and the use of specialized raw materials required for eco-friendly and halogen-free formulations. These factors can significantly increase production expenses compared to traditional flame retardants. Consequently, the high costs can limit the growth potential of the flame retardant resins market, particularly in emerging economies where budget constraints are prevalent.

Covid-19 Impact

The covid-19 pandemic significantly impacted the flame retardant resins market by disrupting supply chains and reducing production capacities. Temporary shutdowns of manufacturing facilities and delays in construction projects led to decreased demand, particularly in sectors like automotive and construction. However, the heightened focus on safety and fire regulations post-pandemic has spurred interest in flame retardant materials. Additionally, the shift towards more sustainable and environmentally friendly products is reshaping market dynamics, driving innovation and the development of bio-based flame retardant resins to meet evolving consumer preferences and regulatory standards.

The halogenated flame retardants segment is expected to be the largest during the forecast period

The halogenated flame retardants segment is predicted to secure the largest market share throughout the forecast period fuelled by its enhanced fire resistance. Composed primarily of bromine or chlorine, these compounds effectively disrupt combustion processes, reducing the flammability of materials. They are commonly utilized in various applications, including textiles, plastics, and electronics. Additionally, halogenated flame retardants can enhance the durability and performance of products, contributing to overall safety in residential and commercial environments.

The consumer goods segment is expected to have the highest CAGR during the forecast period

The consumer goods segment is anticipated to witness the highest CAGR during the forecast period. Flame retardant resins are increasingly utilized in consumer goods to enhance safety and comply with stringent fire safety regulations. By inhibiting ignition and slowing flame spread, flame retardant resins help reduce the risk of fire-related accidents. The growing consumer awareness of fire safety, along with manufacturers' commitment to meeting regulatory standards, drives the demand for these materials in the consumer goods sector.

Region with largest share:

Asia Pacific is expected to register the largest market share during the forecast period due to increasing industrialization, urbanization, and stringent fire safety regulations across various sectors, including construction, automotive, and electronics. Countries like China and India are leading the market, driven by rising demand for flame-retardant materials in building and infrastructure projects. Additionally, the shift towards sustainable and eco-friendly flame retardants is also influencing product development, aligning with regional environmental initiatives and regulations.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period driven by stringent fire safety regulations. The region's emphasis on safety standards and compliance has heightened demand for flame-retardant materials, particularly in building materials and consumer products. Innovations in eco-friendly and halogen-free flame retardants are gaining traction, reflecting growing environmental concerns. Additionally, the recovery of the construction sector post-pandemic is further fueling market expansion, as stakeholders prioritize fire safety and sustainability in new projects and renovations.

Key players in the market

Some of the key players profiled in the Flame Retardant Resins Market include BASF SE, Dow Inc., Lanxess AG, Clariant AG, Albemarle Corporation, Solvay S.A., DuPont de Nemours Inc., Huntsman Corporation, Celanese Corporation, Sumitomo Chemical Corporation, Evonik Industries AG, Mitsubishi Chemical Holdings Corporation, SABIC Corporation, Arkema S.A., J.M. Huber Corporation, Asahi Kasei Corporation, RTP Company, Huber Engineered Materials, Trinseo and Sika Deutschland.

Key Developments:

In October 2024, Sika Deutschland introduced its new flame-retardant epoxy resin system, Biresin CR134FR, aimed at enhancing fire safety without compromising visual aesthetics. The key feature of this resin is its UL94 V-0 rating, indicating its high-level fire resistance, as the resin self-extinguishes within 10 seconds during flammability tests, making it ideal for applications that demand stringent fire safety standards.

In April 2024, Trinseo launched new flame-retardant plastic grades under the EMERGE(TM) brand. The EMERGE(TM) flame-retardant resins are specifically designed to meet the high-performance requirements of the consumer electronics and electrical industries, sectors that are increasingly adopting green and recyclable materials. These resins provide industries with a sustainable alternative without compromising on performance or regulatory standards.

Resin Types Covered:

• Epoxy Resins
• Polyester Resins
• Polyamide Resins
• Phenolic Resins
• Polycarbonate Resins
• Vinyl Ester Resins
• Polyolefin Resins
• Acrylic Resins
• Other Resin Types

Flame Retardant Types Covered:

• Halogenated Flame Retardants
• Non-Halogenated Flame Retardants

Applications Covered:

• Construction
• Automotive
• Electrical & Electronics
• Textiles
• Aerospace
• Marine
• Consumer Goods
• Adhesives & Sealants
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Flame Retardant Resins Market, By Resin Type

• 5.1 Introduction
• 5.2 Epoxy Resins
• 5.3 Polyester Resins
• 5.4 Polyamide Resins
• 5.5 Phenolic Resins
• 5.6 Polycarbonate Resins
• 5.7 Vinyl Ester Resins
• 5.8 Polyolefin Resins
• 5.9 Acrylic Resins
• 5.10 Other Resin Types

6 Global Flame Retardant Resins Market, By Flame Retardant Type

• 6.1 Introduction
• 6.2 Halogenated Flame Retardants
  • 6.2.1 Brominated Compounds
  • 6.2.2 Chlorinated Compounds
• 6.3 Non-Halogenated Flame Retardants
  • 6.3.1 Phosphorus-based Retardants
  • 6.3.2 Nitrogen-based Retardants
  • 6.3.3 Aluminum Trihydrate (ATH)
  • 6.3.4 Magnesium Hydroxide

7 Global Flame Retardant Resins Market, By Application

• 7.1 Introduction
• 7.2 Construction
• 7.3 Automotive
• 7.4 Electrical & Electronics
• 7.5 Textiles
• 7.6 Aerospace
• 7.7 Marine
• 7.8 Consumer Goods
• 7.9 Adhesives & Sealants
• 7.10 Other Applications

8 Global Flame Retardant Resins Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 BASF SE
• 10.2 Dow Inc.
• 10.3 Lanxess AG
• 10.4 Clariant AG
• 10.5 Albemarle Corporation
• 10.6 Solvay S.A.
• 10.7 DuPont de Nemours Inc.
• 10.8 Huntsman Corporation
• 10.9 Celanese Corporation
• 10.10 Sumitomo Chemical Corporation
• 10.11 Evonik Industries AG
• 10.12 Mitsubishi Chemical Holdings Corporation
• 10.13 SABIC Corporation
• 10.14 Arkema S.A.
• 10.15 J.M. Huber Corporation
• 10.16 Asahi Kasei Corporation
• 10.17 RTP Company
• 10.18 Huber Engineered Materials
• 10.19 Trinseo
• 10.20 Sika Deutschland