Flame Retardants for Engineering Resins Market worth $3.2 billion by 2030
The report "Flame Retardants for Engineering Resins Market by Type (Brominated, Phosphorous), Application (Polyamide, ABS, PET & PBT, PC/ABS Blends), End-use Industries (Electrical & Electronics, Automotive & Transportation), and Region - Global Forecast to 2030", size is USD 2.2 billion in 2025 and is projected to reach USD 3.2 billion by 2030, at a CAGR of 7.79% from 2025 to 2030.
Browse 250 market data Tables and 53 Figures spread through 195 Pages and in-depth TOC on "Flame Retardants for Engineering Resins Market by Type (Brominated, Phosphorous), Application (Polyamide, ABS, PET & PBT, PC/ABS Blends), End-use Industries (Electrical & Electronics, Automotive & Transportation), and Region - Global Forecast to 2030"
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Flame retardants for engineering resins are used to enhance the fire resistance of materials such as ABS, PET & PBT, PC/ABS blends, polycarbonate, and polyamide. They are added to reduce the flammability of these resins and meet safety regulations in various industries, including automotive & transportation and electrical & electronics. With ever-increasing demands in the industry, flame retardants for engineering resins continue to evolve and become more innovative to meet the demands.
"The brominated flame retardant segment accounted for the largest market share in 2024."
The brominated flame retardant segment is estimated to account for the largest share of the overall flame retardants for engineering resins market in 2024. This large market size is attributed to its high effectiveness in reducing flammability and wide availability. Despite growing concerns over their environmental and health impacts, they continue to dominate the market owing to their proven efficacy and relatively lower cost compared to alternatives. Growing demand for electronic devices, electric vehicles, and advanced construction materials, coupled with established production infrastructure and the cost-effectiveness of brominated flame retardants (BFRs) compared to alternatives, further reinforces their market dominance.
"The polyamide segment is projected to be the fastest-growing application during the forecast period."
The polyamide segment is projected to register the highest growth in the overall flame retardants for engineering resins market. The high growth in this segment is attributed to several reasons. Firstly, the increasing demand for lightweight and durable materials in the automotive and electrical industries drives the adoption of polyamide-based engineering resins. Secondly, stringent safety regulations and the need for fire-resistant materials in these applications propel the demand for flame-retardant additives in polyamide formulations.
"The automotive & transportation segment is projected to be the fastest-growing end-use industry during the forecast period."
The automotive & transportation sector is projected to experience the highest growth rate in the flame retardants for engineering resins market between 2025 and 2030. This growth is driven by the increasing demand for lightweight materials in vehicles to improve fuel efficiency and reduce emissions. Additionally, stringent safety regulations mandating fire resistance in automotive components contribute to the rising need for flame-retardant additives in engineering resins. Furthermore, ongoing innovation in engineering resin formulations tailored for automotive applications further accelerates growth in this sector.
"North America is the largest market for flame retardants for engineering resins in 2024."
North America is the leading region in the flame retardants for engineering resins market. The region's strong manufacturing infrastructure and technological advancements facilitate the production of top-notch flame-retardant engineering resins. Moreover, stringent safety regulations across key industries like automotive, electronics, and construction propel the demand for flame-retardant materials. Additionally, North America's market dominance is reinforced by the presence of major industry players and well-established distribution networks.
Key Players
The key market players identified in the report are Albemarle Corporation (US), LANXESS AG (Germany), BASF SE (Germany), Israel Chemicals Ltd. (Israel), Huber Engineered Materials (US), Clariant AG (Switzerland), Nabaltec AG (Germany), Italmatch Chemicals S.p.A (Italy), RTP Company (US), and Chemische Fabrik Budenheim KG (Germany).
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