Flame Retardants Companies

The flame retardants market is estimated to grow from USD 7.73 billion in 2024 to USD 10.52 billion by 2030, at a CAGR of 5.32%, in terms of value. The building & construction sector is the largest end-use industry of the flame retardants market. This dominance is largely attributed to growing fire safety legislation, growing infrastructure spending, and rising demand for fire-resistant materials used in building residential, commercial, and industrial construction. The adoption of flame retardants in building products such as insulation, wires, cables, pipes, and structural materials has become essential to achieve high safety standards, thus supporting the industry's leadership in the market.

Flame Retardants Companies

The key players profiled in the report include Albemarle Corporation (US), ICL Group Ltd. (Israel), LANXESS AG (Germany), J.M. Huber Corporation (US), Nabaltec AG (Germany), BASF SE (Germany), ADEKA Corporation (Japan), Avient Corporation (US), Clariant AG (Switzerland), and Italmatch Chemicals S.p.A. (Italy). These players have adopted various growth strategies to strengthen their position in the market. These include introducing new technologies, expansions, acquisitions, and product launches to acquire larger market shares.

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ICL Group Ltd. is one of the leading manufacturers of specialty fertilizers, phosphate products, and flame retardants. The company is operating its business through four reportable segments: industrial products, potash, phosphate solutions, and growing solutions. The company offers flame retardants through the industrial products business segments. The company offers a wide range of flame retardants based on bromine, phosphorus and magnesium to serve electronics, building & construction, automotive, textile, and other industries. The industrial products segment of the company is one of the leading producers of bromine globally. The company focuses on new product development. The company focuses on innovation and product development. In December 2024, the company launched a new flame retardant, VeriQuel R100. This innovative, phosphorus-based flame retardant is designed for rigid polyurethane insulation used in applications such as wall sheathing and PIR roofing. ICL Group Ltd. operates globally with around 195 manufacturing units across Europe, Asia Pacific, North America, Middle East & Africa, and South America.

J. M. Huber Corporation is a major player in the flame retardants industry, providing a broad portfolio of halogen-free solutions including alumina trihydrate (ATH), magnesium hydroxide, and phosphinate-based technologies under its Huber Engineered Materials division. Huber Engineered Materials produces and sells specialty-engineered inorganic materials with extensive uses in wire & cable, construction, electronics, and automotive industries. To expand its product line and solidify its position as the market leader for flame retardants in North America, J. M. Huber Corporation acquired The R. J. Marshall Company's ATH, antimony-free flame retardant, and molybdate-based smoke suppressant assets in May 2025 and integrated them into its Huber Advanced Materials division. In addition, it has a robust global footprint with manufacturing facilities, R&D facilities, and commercial operations in North America, Europe, and Asia Pacific.

The market for flame retardants is consolidated, with five major players dominating about 53-61% of the market share at a global level. Albemarle Corporation is the leading player in the segment with its wide range of flame retardants and wide integration in end-use industries like textile, building & construction, and automotive & transportation. ICL Group Ltd. enjoys a robust market position with its focus on flame retardants and its global supply operations. LANXESS AG remains on an upward growth trajectory by expanding its base through strategic acquisitions and market expansion. With regard to new generation flame retardants, J.M. Huber Corporation and Nabaltec AG hold dominant market positions.

The other 39-47% of the market is comprised of regional small-scale manufacturers. Market competition is driven by technological developments in flame retardants, rising demand for sustainable and durable materials, and the expanding application of flame retardants in building & construction, electronics & appliances, automotive & transportation, wires & cables, textiles, and other end-use industries in emerging economies.

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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 2030