브롬화 폴리스티렌 시장 예측(-2032년) : 제품별, 형태별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Brominated Polystyrene Market is accounted for $510.63 million in 2025 and is expected to reach $814.61 million by 2032 growing at a CAGR of 6.9% during the forecast period. Bromine is added to polystyrene to produce brominated polystyrene, a flame-retardant polymer. Usually, it is applied to polymers to increase their fire resistance, especially in electrical and electronic applications. Because of its high bromine concentration and exceptional thermal stability, this chemical effectively stops flames from spreading. Long-lasting performance is ensured by its non-blooming nature, which prevents it from migrating to the surface of materials. In printed circuit boards and insulating materials, where fire safety is a crucial requirement, brominated polystyrene is frequently added to thermoplastics and thermosets.

According to the International Electrotechnical Commission (IEC), the electronics industry records the use of 60% of brominated polystyrene.

Market Dynamics:

Driver:

Increasing demand for flame retardants

A common flame retardant in a variety of industries, such as electronics, construction, and automotive, is brominated polystyrene. Effective fire-resistant materials are becoming more and more necessary as fire safety requirements across the world get harsher. Because of its exceptional flame-retardant qualities, manufacturers favour brominated PS. Further propelling market expansion is the growing demand for electrical and electronic goods with improved fire resistance. In the upcoming years, the growth of these end-use industries is anticipated to keep driving the market for brominated PS.

Restraint:

Environmental and health concerns

The toxicological profile of the chemical raises concerns about human health, such as possible respiratory and endocrine disruption. Persistent environmental pollution can result from improper brominated chemical disposal and degradation. The usage and management of brominated flame retardants are subject to stringent regulations enforced by regulatory organisations in different locations. Manufacturers are under additional pressure to move away from brominated products due to rising consumer awareness and demand for environmentally friendly substitutes. The market demand for brominated polystyrene is consequently declining as companies invest more in sustainable, safer flame retardant alternatives.

Opportunity:

Development of eco-friendly brominated polystyrene

The environmental impact of conventional items is lessened by these creative, sustainable substitutes. Halogenated substances are detrimental to ecosystems, thus manufacturers are working to reduce their use. Consumers and businesses who care about the environment are drawn to the move to greener materials. The demand for these sustainable products is also rising as a result of governmental constraints on businesses to implement eco-friendly solutions. As more sectors place a higher priority on sustainability, this tendency is anticipated to continue, which will accelerate market expansion.

Threat:

Regulatory bans and restrictions

The material's possible toxicity and environmental persistence are the main reasons why governments and environmental organisations enforce stringent controls. Manufacturers are forced to look for substitute flame retardants because these regulations frequently call for decreased usage or whole phase-outs. Adherence to changing laws delays the introduction of new products into the market and raises production costs. The market's potential for expansion is further limited by tight labelling and recycling regulations. Demand suffers as a result, especially in areas with strong environmental regulations.

Covid-19 Impact

The COVID-19 pandemic significantly disrupted the brominated polystyrene (BPS) market. Global supply chain interruptions and manufacturing halts led to reduced BPS availability . Demand from key sectors like automotive, electronics, and construction declined sharply, impacting overall market growth . Although hygiene concerns boosted demand for disposable plastics, this uptick couldn't offset the broader downturn. As economies recover, the BPS market is gradually rebounding, with projections indicating a return to pre-pandemic growth trajectories.

The powder segment is expected to be the largest during the forecast period

The powder segment is expected to account for the largest market share during the forecast period by offering an easy-to-use, versatile form of the material. Powdered brominated polystyrene is preferred in various applications due to its excellent flame retardancy, particularly in electronics and automotive industries. It enhances the performance of end products, especially in high-temperature environments, which boosts its demand. Additionally, the ease of mixing powder with other polymers makes it ideal for a wide range of manufacturing processes. As industries prioritize fire safety, the powder segment's growth drives the overall expansion of the brominated polystyrene market.

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

Over the forecast period, the coatings segment is predicted to witness the highest growth rate, due to its flame-retardant properties. BPS is widely used in automotive, construction, and electronics coatings to improve safety standards. Its ability to enhance thermal stability and prevent fire hazards makes it a preferred material in protective coatings. Additionally, the rising demand for environmentally-friendly and fire-resistant products further boosts its adoption in the coatings industry. As industries focus on meeting stringent safety regulations, BPS remains a key component in the development of high-performance coatings.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to the rising demand for flame retardant materials in industries such as electronics, automotive, and construction. Countries like China, Japan, and India are major contributors, driven by rapid industrialization and stringent fire safety regulations. Brominated Polystyrene is used extensively in applications requiring high-performance flame resistance, including circuit boards, electrical equipment, and coatings. Additionally, advancements in manufacturing technologies and increasing awareness about safety standards further propel market growth in the region. This trend is expected to continue over the coming years.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to its increasing demand across various industries. rominated polystyrene is widely used for its excellent fire-resistance properties, making it essential in the production of components like circuit boards, automotive parts, and textiles. The region's well-established industrial infrastructure and stringent safety regulations further boost the market's expansion. Additionally, ongoing technological advancements and a shift toward sustainable materials are expected to drive innovation and product development in this market.

Key players in the market

Some of the key players profiled in the Brominated Polystyrene Market include ICL Industrial Products, Lanxess AG, Albemarle Corporation, Chemtura Corporation, Tosoh Corporation, Shandong Runke Chemical Co., Ltd., Shandong Brother Sci & Tech Co., Ltd., Shandong Tianyi Chemicals Co., Ltd., Sunris New Materials Co., Ltd., Shouguang Derun Chemical Co., Ltd., Xinyangchem Co., Ltd., Daihachi Chemical Industry Co., Ltd., Tennants Distribution Ltd., Beantown Chemical, ChemCeed LLC, Shandong Moris Tech Co., Ltd., Supreme Petrochem Ltd. and Kumho Petrochemical Co., Ltd.

Key Developments:

In December 2024, ICL unveiled VeriQuel R100, a reactive phosphorus flame retardant designed for rigid polyurethane insulation products. The product chemically bonds with the polymer matrix, ensuring long-lasting performance and stability.

In November 2024, ICL-IP successfully completed the chemical process start-up of a new manufacturing facility in Israel for FR-122P. The facility, with a production capacity of 10,000 MT, joins another ICL-IP facility in the Netherlands. This expansion aims to meet growing market demand for polymeric flame retardants.

In August 2024, Lanxess entered into a strategic partnership with FRX Innovations to evaluate contract manufacturing of FRX's patented NOFIA flame retardant products. This collaboration aims to produce and market sustainable flame retardants, aligning with Lanxess's long-term strategy of offering environmentally friendly solutions.

Products Covered:

• High Molecular Weight
• Low Molecular Weight

Forms Covered:

• Powder
• Granules
• Pellets
• Other Forms

Applications Covered:

• Flame Retardants
• Insulation Materials
• Masterbatch
• Adhesives
• Coatings
• Resin Additives
• 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 2024, 2025, 2026, 2028, and 2032
• 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 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 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 Brominated Polystyrene Market, By Product

• 5.1 Introduction
• 5.2 High Molecular Weight
• 5.3 Low Molecular Weight

6 Global Brominated Polystyrene Market, By Form

• 6.1 Introduction
• 6.2 Powder
• 6.3 Granules
• 6.4 Pellets
• 6.5 Other Forms

7 Global Brominated Polystyrene Market, By Application

• 7.1 Introduction
• 7.2 Flame Retardants
• 7.3 Insulation Materials
• 7.4 Masterbatch
• 7.5 Adhesives
• 7.6 Coatings
• 7.7 Resin Additives
• 7.8 Other Applications

8 Global Brominated Polystyrene 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 ICL Industrial Products
• 10.2 Lanxess AG
• 10.3 Albemarle Corporation
• 10.4 Chemtura Corporation
• 10.5 Tosoh Corporation
• 10.6 Shandong Runke Chemical Co., Ltd.
• 10.7 Shandong Brother Sci & Tech Co., Ltd.
• 10.8 Shandong Tianyi Chemicals Co., Ltd.
• 10.9 Sunris New Materials Co., Ltd.
• 10.10 Shouguang Derun Chemical Co., Ltd.
• 10.11 Xinyangchem Co., Ltd.
• 10.12 Daihachi Chemical Industry Co., Ltd.
• 10.13 Tennants Distribution Ltd.
• 10.14 Beantown Chemical
• 10.15 ChemCeed LLC
• 10.16 Shandong Moris Tech Co., Ltd.
• 10.17 Supreme Petrochem Ltd.
• 10.18 Kumho Petrochemical Co., Ltd.