Flame Retardants Market

Flame Retardants Market by Type (Aluminum Trihydrate, Antimony Oxide, Brominated), Application (Epoxy, Polyolefin, Unsaturated Polyester), End-Use Industry (Building & Construction, Electronics & Appliances), and Region - Global Forecast to 2028

Report Code: CH 2626 Oct, 2023, by marketsandmarkets.com

Updated on : April 05, 2024

Flame Retardants Market

The global flame retardants market was valued at USD 7.0 billion in 2022 and is projected to reach USD 9.5 billion by 2028, growing at 5.2% cagr from 2023 to 2028. Building and construction is one of the major end-use industry of flame retardants. For building projects to be granted licenses and clearances, compliance with fire safety laws is essential. Construction materials need flame retardants in order to meet the local building authorities' fire performance standards. Materials used in constructions are frequently required to meet certain fire safety standards under building and construction rules. Flame retardants are essential to ensure that construction materials, such as insulation, flooring, coatings, and cables, comply with these regulations.

Flame Retardants Market

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Flame Retardants Market

Flame Retardants Market Dynamics

Driver: Strict fire safety guidelines to increase the demand for flame retardants in various applications

Strict fire safety guidelines and regulations indeed play a significant role in driving the demand for flame retardants across various industries. Government agencies and industry-specific regulatory bodies often establish stringent fire safety guidelines and standards that mandate the use of flame retardants in certain applications. Companies and manufacturers must comply with these requirements to ensure the safety of their products and operations. Building standards and fire safety regulations are particularly important to the construction business. These standards outline the fire performance specifications for building materials, and they usually call for the use of flame-retardant materials in crucial places like wiring, insulation, and structural elements. All these factors drive the market for flame retardants globally.

Restraints : Harmful chemicals used in flame retardants

Traditional flame retardants, especially those using bromine or chlorine, have been linked to threats to the environment and human health. These substances have the ability to accumulate in organisms, remain in the environment, and harm ecosystems. Regulation limits and a move towards more environmentally friendly options have been brought about by worries about these detrimental environmental effects. Some flame retardants have been associated with harmful health effects in people. For instance, several brominated flame retardants have been linked to neurological and developmental issues and are considered endocrine disruptors. Health concerns have prompted calls for the reduction or elimination of these chemicals in consumer products.

Opportunities: Rising demand for wires & cables globally

The demand for wires and cables globally is driven by a wide range of industries and applications. Wires and cables are fundamental components in various sectors, including electrical and electronic equipment, construction, automotive, telecommunications, energy, and manufacturing. Rapid urbanization and infrastructure development projects in emerging economies have led to increased demand for electrical wiring and cabling in buildings, transportation systems, and utilities. With the rise of electric vehicles (EVs) and the expansion of renewable energy systems, there is an increased demand for flame-retardant cables to ensure the safety and reliability of these technologies.

Challenges: Growing emphasis on environmental protection and sustainability

The growing emphasis on environmental protection is indeed a major challenge for the flame retardants market. While flame retardants play a crucial role in fire safety, there are concerns about the environmental and health impacts of certain types of flame retardants. Some traditional flame retardants, particularly those containing bromine or chlorine, can be persistent organic pollutants. These chemicals can persist in the environment, accumulate in ecosystems, and have the potential to disrupt wildlife and ecosystems. Concerns about these environmental impacts have led to regulations and restrictions in various regions. Governments and regulatory bodies in many countries have implemented or strengthened regulations aimed at phasing out or restricting the use of specific harmful flame retardants. These regulations can limit the market for products containing these chemicals.

Flame Retardants Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of flame retardants. These companies have been in business for a while and have a broad range of products, cutting-edge technologies, and robust international sales and marketing networks. Prominent companies in this market include Albemarle Corporation (US), Clariant AG (Switzerland), LANXESS AG (Germany), BASF SE (Germany), ICL Group Ltd. (Israel), Nabaltec AG (Germany), Huber Engineered Materials (US), ADEKA Corporation (Japan), Italmatch Chemicals S.p.A. (Italy), and Avient Corporation (US).

Flame Retardants Market Ecosystem

Based on type, nitrogen is projected to register highest CAGR, in terms of value, during the forecast period.

The plastics industry is a significant consumer of nitrogen-based flame retardants. These flame retardants are added to polymers, such as polyethylene, polypropylene, and polyurethane, to make plastic products safer by reducing their flammability. Common applications include electronics casings, automotive parts, and construction materials. Nitrogen-based flame retardants are also used in textiles and fabrics to enhance fire resistance. Flame-retardant clothing, upholstery, and curtains are examples of products where these chemicals may be employed to meet fire safety standards.

Based on end-use industry, building & construction was the largest segment for flame retardants market, in terms of value, in 2022.

A wide variety of construction applications, including residential dwellings, apartment buildings, commercial structures, educational institutions, healthcare facilities, and industrial facilities, use flame-retardant materials. While fire safety is a primary concern, there is also a growing emphasis on environmentally friendly flame-retardant options that have minimal environmental and health impacts. These eco-friendly options are gaining importance in the construction industry. The development of more efficient and environmentally friendly flame-retardant formulations for building materials is a goal of ongoing research and development. The performance and safety of building goods are improved overall because to advancements in flame retardant technology.

Based on application, polyolefins was the largest segment for flame retardants market, in terms of value, in 2022.

Flame-retardant polyolefins are used in industrial applications where fire safety is a concern, such as in the manufacturing of machinery and equipment. Flame-retardant polyolefins are utilized in power cables and insulation materials in the energy and utilities sector to guarantee the secure transfer of electricity. Increasing demand for wires & cables end-use industry drives the market for flame retardants in polyolefin application.

“Asia Pacific accounted for the largest market share for flame retardants market, in terms of value, in 2022”

Stricter safety and environmental standards are being implemented and enforced by governments and regulatory agencies across the Asia Pacific area. Flame retardants are frequently required under these rules in a variety of goods and sectors. Increasing awareness among consumers about fire safety and the potential hazards of non-flame-retardant products has driven the demand for flame-retardant materials in everyday consumer goods. In general, the Asia-Pacific region's fast industrialization, urbanization, and growing emphasis on safety and regulatory compliance across many industries are all intimately related to the region's demand for flame retardants. The demand for flame retardants in the Asia Pacific area is anticipated to stay strong as long as these trends exist.

Flame Retardants Market by Region

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Flame Retardants Market Players

Albemarle Corporation (US), Clariant AG (Switzerland), LANXESS AG (Germany), BASF SE (Germany), ICL Group Ltd. (Israel), Nabaltec AG (Germany), Huber Engineered Materials (US), ADEKA Corporation (Japan), Italmatch Chemicals S.p.A. (Italy), and Avient Corporation (US). among others, these are the key manufacturers that secured major market share in the last few years.

Read More: Flame Retardants Companies

Flame Retardants Market Report Scope

Report Metric


Years considered for the study


Base year considered


Forecast period


Units considered

Volume (Kiloton) and Value (USD Million)

Segments covered

Type, Application, End-use Industry, and Region

Regions covered

Asia Pacific, North America, Europe, Middle East & Africa, and South America

Companies profiled

The key players profiled in the report include Albemarle Corporation (US), Clariant AG (Switzerland), LANXESS AG (Germany), BASF SE (Germany), ICL Group Ltd. (Israel), Nabaltec AG (Germany), Huber Engineered Materials (US), ADEKA Corporation (Japan), Italmatch Chemicals S.p.A. (Italy), and Avient Corporation (US). among others.

This report categorizes the global Flame retardants market based on type, application, end-use industry and region.

On the basis of type, the flame retardants market has been segmented as follows:
  • Aluminum trihydrate (ATH)
  • Antimony Oxide
  • Brominated
  • Chlorinated
  • Phosphorus
  • Nitrogen
  • Others
On the basis of application, the flame retardants market has been segmented as follows:
  • Epoxy
  • Polyolefins
  • Unsaturated polyesters
  • Polyvinyl chloride
  • Polyurethane
  •  ABS & blends
  • Polystyrene
  • Others
On the basis of end-use industry, the flame retardants market has been segmented as follows:
On the basis of region, the flame retardants market has been segmented as follows:
  • Asia Pacific
  • North America
  • Western Europe
  • Central & Eastern Europe
  • Middle East & Arica
  • South America

Recent Developments

  • In January 2022, Huber Engineered Materials completed the acquisition of MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). MAGNIFIN’s products are sold globally by Martinswerk GmbH as part of the HEM Fire Retardant Additives (FRA) strategic business unit, which produces a wide range of halogen-free fire retardants, smoke suppressants, and specialty aluminum oxides.
  • In January 2020, BASF closed the acquisition of Solvay’s polyamide (PA 6.6) business. The transaction broadened BASF’s polyamide capabilities with innovative products. With the acquisition of Solvay’s polyamide business, BASF had its first Underwriter Laboratories (UL) certified lab in Asia, adding to its existing labs.
  • In March 2020, Clariant collaborated with Floreon to expand its high-performance biopolymer applications to additional markets. The companies will work together on a broad range of additives such as stabilizers, flame retardants, and surface aids.
  • In December 2021, Nabaltec AG expanded its production capacities for boehmite at the Schwandorf site, Germany, by investing an amount in the mid-double-digit million range. Production output will be more than doubled from 10,000 to 25,000 tons per year. Commissioning is slated for the second half of 2023.

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Table of Content
1 Introduction 
    1.1 Objective of the study 
    1.2 Market definition 
    1.3 Market Scope 
           1.3.1 Years considered for the study
           1.3.2 Regions covered
    1.4 Currency 
    1.5 Unit Considered 
    1.6 Stakeholders 
    1.7 Summary of changes 
           1.7.1 Impact of Recession
2 Research Methodology 
    2.1 Research Data 
           2.1.1 Secondary Data
           Key data from secondary sources
           2.1.2 Primary Data
           Key data from primary sources
           Breakdown of Primary Interviews
    2.2 Market Size Estimation 
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation 
    2.4 Growth Rate Assumption/ Growth Forecast 
           2.4.1 Supply Side
           2.4.2 Demand Side
    2.5 Factor Analysis 
    2.6 Assumptions 
    2.7 Limitations 
    2.8 Risk Assessment 
    2.9 Impact of Recession 
3 Executive Summary 
4 Premium Insights 
    4.1 Opportunities in Flame retardants Market 
    4.2 Flame retardants Market, By Type 
    4.3 Flame retardants Market, By Application 
    4.4 Flame retardants Market, By End-Use Industry 
    4.5 Flame retardants Market, By Region 
5 Market Overview 
    5.1 Introduction 
    5.2 Market Dynamics 
           5.2.1 Drivers
           5.2.2 Restraints 
           5.2.3 Opportunities
           5.2.4 Challenges
    5.3 Porter’s Five Forces Analysis 
           5.3.1 Threat of New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Buyers
           5.3.4 Bargaining Power of Suppliers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators 
6 Industry Trends 
    6.1 Key Stakeholders & Buying Criteria 
           6.1.2     Buying Criteria
    6.2 Supply Chain Analysis 
           6.2.1 Raw Material
           6.2.2 Manufacturing Process
           6.2.3 Distribution
           6.2.4 End-User
    6.3 Connected Markets: Ecosystem / Market Map 
    6.4 Case Studies 
    6.5 Tariff & Regulatory Landscape 
           6.5.1 Regulatory Bodies, Government Agencies and Other Organizations
    6.6 Technology Analysis 
    6.7 Trends Disruptions Impacting Customer’s Business 
    6.8 Trade Data 
           6.8.1 Import Data
           6.8.2 Export Data
    6.9 Key Conferences & Events In 2023-2024 
    6.10 Pricing Analysis 
           6.10.1 Average Selling Price Trend, By Region
           6.10.2 Average Selling Price Trend of Key Players, by End-use Industry
    6.11 Patent Analysis 
           6.11.1 Approach
           6.11.2 Document Type
           6.11.3 Legal Status of the Patents
           6.11.4 Jurisdiction Analysis
           6.11.5 Top Applicants
7 Flame retardants Market, By Type 
    7.1 Introduction 
    7.2 Aluminium Trihydrate  
    7.3 Antimony Oxides  
    7.4 Brominated Flame Retardants 
    7.5 Chlorinated Flame Retardants 
    7.6 Phosphorous Flame Retardants 
    7.7 Nitrogen Flame Retardants 
    7.8 Others 

|8 Flame retardants Market, By Application 
    8.1 Introduction 
    8.2 Epoxy 
    8.3 Polyolefins 
    8.4 Unsaturated Polyesters 
    8.5 Polyvinyl Chloride 
    8.6 Polyurethane 
    8.7 ABS & Blends 
    8.8 Polystyrene 
    8.9 Polyurethane 
9 Flame retardants Market, By End-use Industry 
    9.1 Introduction 
    9.2 Building & Construction 
    9.3 Electronics & Appliances 
    9.4 Automotive & Transportation 
    9.5 Wires & Cables 
    9.6 Textiles 
    9.7 Others 
10 Flame retardants Market, By Region 
     10.1 Introduction 
     10.2 Asia Pacific 
             10.2.1 Impact of Recession
             10.2.2 Asia Pacific Flame retardants Market, By Type
             10.2.3 Asia Pacific Flame retardants Market, By End-use Industry
             10.2.4 Asia Pacific Flame retardants Market, By Country
               South Korea
               Rest of Asia Pacific
     10.3 North America 
             10.3.1 Impact of Recession
             10.3.2 North America Flame retardants Market, By Type
             10.3.3 North America Flame retardants Market, By End-use Industry
             10.3.4 North America Flame retardants Market, By Country
     10.4 Western Europe  
             10.4.1 Impact of Recession
             10.4.2 Europe Flame retardants Market, By Type
             10.4.3 Europe Flame retardants Market, By End-use Industry
             10.4.4 Europe Flame retardants Market, By Country
               Rest of Europe
     10.5 Central & Eastern Europe  
             10.5.1 Impact of Recession
             10.5.2 Europe Flame retardants Market, By Type
             10.5.3 Europe Flame retardants Market, By End-use Industry
             10.5.4 Europe Flame retardants Market, By Country
     10.6 Middle East & Africa 
             10.6.1 Impact of Recession
             10.6.2 Middle East & Africa Flame retardants Market, By Type
             10.6.3 Middle East & Africa Flame retardants Market, By End-use Industry
             10.6.4 Middle East & Africa Flame retardants Market, By Country
               Saudi Arabia
               Rest of Middle East & Africa
     10.7 South America 
             10.7.1 Impact of Recession
             10.7.2 South America Flame retardants Market, By Type
             10.7.3 South America Flame retardants Market, By End-use Industry
             10.7.4 South America Flame retardants Market, By Country
               Rest of South America
(Note: The above listed countries are tentative, it can be modified upon the client’s preference)

11 Competitive Landscape 
     11.1 Introduction 
     11.2 Key Players' Strategies 
     11.3 Market Share Analysis 
     11.4 Ranking of Key Market Players, 2022 
     11.5 Revenue Analysis of Key Market Players, 2018-2022 
     11.6 Company Evaluation Matrix (Tier 1) 
             11.6.1 Stars
             11.6.2 Emerging Leaders 
             11.6.3 Pervasive Players
             11.6.4 Participants
             11.6.5 Company Footprint 
     11.7 Start-Up/SME Evaluation Matrix 
             11.7.1 Progressive Companies
             11.7.2 Responsive Companies
             11.7.3 Dynamic Companies
             11.7.4 Starting Blocks
             11.7.5 Competitive Benchmarking
               Detailed List of Key Start-ups/SMEs
               Competitive Benchmarking of Key Start-ups/SMEs 
     11.8 Competitive Situation & Trends 
             11.8.1 New Product Launches
             11.8.2 Contracts & Agreements
             11.8.3 Partnerships & Collaborations
             11.8.4 Joint Ventures
             11.8.5 Expansions
12 Company Profile 
     12.1 Albemarle Corporation 
             12.1.1 Business Overview
             12.1.2 Products Offered
             12.1.3 Recent Development
             12.1.4 MnM View
     12.2 Clariant AG 
     12.3 LANXESS AG 
     12.4 BASF SE 
     12.5 Israel Chemicals Group Ltd. 
     12.6 Adeka Corporation 
     12.7 Nabaltec AG 
     12.8 Huber Engineered Materials  
     12.9 Italmatch Chemicals S.P.A 
     12.1 Avient Corporation 
     12.11 List of Other Key Market Players (15 Startup SMEs) 
13 Adjacent & Related Market 
14 Appendix 
     14.1 Discussion Guide 
     14.2 Related Reports 

The study involved four major activities in estimating the market size for flame retardants. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The flame retardants market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the building & construction, electronics & appliances, automotive & transportation, wires & cables, textiles  and others. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Breakdown of Primary Participants

Flame Retardants Market Size, and Share

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022 available in the public domain, product portfolios, and geographical presence.

Other designations include consultants and sales, marketing, and procurement managers.

To know about the assumptions considered for the study, download the pdf brochure



ICL Group Ltd.

Senior Manager

Huber Engineered Materials

Innovation Manager

Nabaltec AG

Sales Manager


Production Supervisor

ADEKA Corporation



Both top-down and bottom-up approaches were used to estimate and validate the total size of the flame retardants market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Flame retardants Market: Bottom-Up Approach

Flame Retardants Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Flame retardants Market: Top-Down Approach

Flame Retardants Market Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the flame retardants industry.

Market Definition

Flame retardants are substances or chemicals that are included in a variety of goods to lessen their flammability and delay the spread of fires. They are applied to improve fire safety in a variety of industries and applications. When a substance is exposed to a flame or other heat source, flame retardants either prevent the material from igniting or delay its combustion. The primary purpose of flame retardants is to improve fire safety by reducing the risk of ignition, limiting the spread of flames, and reducing the release of toxic smoke and gases during a fire. They are used to protect people, property, and valuable assets from the devastating effects of fires.

Key Stakeholders

  • Flame retardants manufacturers
  • Flame retardants suppliers
  • Raw material suppliers
  • Service providers
  • End users, such as building & construction, electronics & appliances, wires & cables, textiles and other companies
  • Government bodies

Report Objectives

  • To define, describe, and forecast the flame retardants market in terms of value and volume
  • To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
  • To estimate and forecast the market size by type, application, end-use industry, and region
  • To forecast the size of the market for five main regions: Western Europe, Central & Eastern Europe, North America, Asia Pacific, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to their growth trends, prospects, and contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as deals and expansions, in the market
  • To analyze the impact of the recession on the market
  • To analyze the impact of COVID-19 on the market and end-use industries
  • To strategically profile key players and comprehensively analyze their growth strategies

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CH 2626
Published ON
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