Global Flame Retardant Thermoplastics Market Size, Share, Trends, Industry Growth by Flame Retardant (Halogenated, Non-Halogenated), by Polymer Type (Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), Polypropylene (PP), Polystyrene (PS), Others), by End-Use, by Region and Forecast to 2030

Report ID: RC158399 | Report Format: PDF + Excel | Starting Price: 3600/- USD |

Key Findings:

  • The market is growing at a significant CAGR of ~ 5% during the forecast period to 2030
  • By polymer type, the ABS segment is estimated to hold the largest market share of ~ 1/3 market share by end of the analysis period to 2030
  • Geographically, the Asia Pacific is accounted to hold the largest market share in the benchmark year 2023

The global flame-retardant thermoplastics market is anticipated to grow at a significant CAGR of around 5% during the forecast period from 2024 to 2030. One significant factor is the increasing stringency of fire safety regulations and standards across industries such as building and construction, automotive, and electronics. As safety concerns rise, there is a growing demand for materials that can withstand fire and limit its spread, driving the adoption of flame-retardant thermoplastics. Additionally, heightened awareness of fire hazards and the need to protect life and property have led to a greater emphasis on fire-resistant materials in various applications. Moreover, advancements in flame retardant technologies and the development of more efficient and environmentally friendly flame-retardant additives are expanding the range of flame-retardant thermoplastics available, further fueling market growth. Furthermore, the growth of end-use industries such as automotive, electrical and electronics, and aerospace, which require flame-retardant materials for compliance with safety standards, is driving the demand for flame retardant thermoplastics.

Market Snapshot:

Benchmark Year 2023
Market Size lock
Market Growth (CAGR) ~ 5% (2024 – 2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players SABIC, BASF SE, Covestro AG, DuPont de Nemours, Inc., LANXESS AG, and Solvay S.A.

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Market Trends:

Advancements in Flame Retardant Formulations: Continuous research and development efforts are leading to the development of more effective and environmentally friendly flame retardant formulations for thermoplastics. Manufacturers are focusing on innovative additives and compounds that offer enhanced flame resistance while minimizing the use of hazardous or toxic chemicals, thereby meeting regulatory requirements and addressing environmental concerns.

Demand for Halogen-Free Flame Retardants: There is a growing demand for halogen-free flame retardant thermoplastics due to concerns about the environmental and health impacts of halogen-containing additives. Halogen-free formulations offer comparable flame retardancy performance while reducing the risk of toxic gas emissions and environmental pollution, making them increasingly preferred in various applications, especially in sensitive environments such as electronics and automotive interiors.

Customization and Tailored Solutions: Increasingly, customers are seeking customized flame retardant thermoplastic solutions tailored to their specific application requirements and performance criteria. Manufacturers are offering a wide range of flame retardant additives, polymer blends, and processing techniques to meet diverse end-use needs, including flame resistance, mechanical properties, thermal stability, and processing efficiency.

Integration with Sustainable Practices: Sustainability is becoming a key focus in the flame retardant thermoplastics market, with manufacturers incorporating recycled and bio-based materials into their formulations to reduce environmental impact and promote circular economy principles. Additionally, there is a growing emphasis on energy efficiency, resource conservation, and waste reduction throughout the product lifecycle, driving the adoption of sustainable practices in flame retardant thermoplastic production and processing.

Rising Demand from End-Use Industries: End-use industries such as automotive, electrical and electronics, building and construction, and aerospace continue to drive demand for flame retardant thermoplastics. The increasing adoption of flame retardant materials in these industries, driven by stringent safety regulations, fire safety standards, and consumer preferences for safer products, is fueling market growth and innovation in flame retardant thermoplastic technologies.

Market Opportunities:

Opportunities in the flame retardant thermoplastics market abound, driven by several key factors shaping industry dynamics and customer preferences. One significant opportunity lies in addressing the increasing demand for high-performance, environmentally friendly flame retardant materials across diverse end-use industries such as automotive, electronics, construction, and aerospace. Manufacturers can capitalize on this trend by developing innovative flame retardant formulations that offer superior fire resistance while minimizing environmental impact and meeting stringent regulatory requirements. Additionally, there is a growing opportunity to expand market penetration in emerging economies where rapid industrialization, urbanization, and infrastructure development are driving demand for flame retardant materials in construction, transportation, and consumer goods sectors. Moreover, the shift towards sustainable practices and circular economy principles presents an opportunity for manufacturers to develop bio-based, recycled, and recyclable flame retardant thermoplastic solutions that align with customer preferences for environmentally responsible products.

Market Challenges:

Despite its promising growth trajectory, the flame retardant thermoplastics market faces several challenges that warrant attention. One significant challenge is the balancing act between achieving optimal flame retardancy and maintaining desirable mechanical, thermal, and processing properties of thermoplastic materials. Developing flame retardant formulations that meet stringent fire safety standards while preserving material integrity and performance remains a complex and ongoing challenge for manufacturers. Additionally, there are concerns regarding the environmental and health impacts of certain flame retardant additives, particularly halogenated compounds, which may pose regulatory and consumer acceptance challenges. Moreover, the cost implications associated with incorporating flame retardant additives into thermoplastic formulations, as well as the potential limitations on material recyclability and reusability, present economic and sustainability challenges for industry stakeholders.

Market Insights:

The global flame retardant thermoplastics market is bifurcated into flame retardant, polymer type, end-use, and geography. On the basis of polymer type, the market is further segmented into acrylonitrile butadiene styrene (ABS), polycarbonate (PC), polypropylene (PP), polystyrene (PS), and others. The ABS segment held the largest revenue share of around 1/3 market share in the benchmark year 2023 and expected to grow at the same trend due to its exceptional combination of properties and versatile applications. Renowned for its robust impact resistance, mechanical strength, and dimensional stability, ABS finds widespread utilization across diverse industries such as automotive, electronics, and consumer goods. Its flame-retardant formulations are particularly favored in critical applications where structural integrity and fire safety are paramount concerns.

In the automotive sector, ABS is commonly employed for various interior and exterior components, ensuring compliance with stringent safety standards. Similarly, in electronics manufacturing, ABS-based flame-retardant formulations provide reliable protection for housing enclosures and electrical components, safeguarding against fire hazards while maintaining product durability and performance. Moreover, ABS’s ease of processing, cost-effectiveness, and widespread availability further bolster its dominance in the market. Manufacturers benefit from ABS’s compatibility with flame-retardant additives, allowing for seamless integration without compromising material properties or processing characteristics. This versatility makes ABS an attractive choice for a wide array of applications, driving its prevalence across industries requiring flame-retardant thermoplastics.

The flame retardant thermoplastics market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

  • 2020-22 – Historical Year
  • 2023 – Base Year
  • 2024-2030 – Forecast Period

Market Segmentation:

By Flame Retardant:

  • Halogenated
  • Non-Halogenated

By Polymer Type:

  • Acrylonitrile Butadiene Styrene (ABS)
  • Polycarbonate (PC)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Others

By End-Use:

  • Construction
  • Transportation
  • Electrical & Electronics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global flame retardant thermoplastics market in 2023 and estimated to register the fastest CAGR over the forecast period. The dominance is attributed to several key factors. Firstly, Asia-Pacific is home to some of the world’s largest manufacturing economies, including China, Japan, South Korea, and Taiwan, which drive substantial demand for flame-retardant thermoplastics across various industries such as automotive, electronics, construction, and consumer goods. The region’s robust industrial infrastructure, skilled labor force, and competitive manufacturing capabilities position it as a major hub for thermoplastic production and processing, facilitating the supply chain for flame retardant materials.

Furthermore, Asia-Pacific benefits from rapid industrialization, urbanization, and infrastructure development, fueling demand for flame-retardant thermoplastics in construction, transportation, and consumer markets. Additionally, favorable government policies, investment incentives, and regulatory frameworks support the growth of the flame retardant thermoplastics industry in the region. Moreover, Asia-Pacific serves as a center for technological innovation and research in flame retardant materials, with significant investments in R&D by both government agencies and private enterprises driving advancements in flame retardant formulations, processing technologies, and sustainable practices.

Competitive Landscape:

Some of the leading market players operating in the global flame retardant thermoplastics market are SABIC, BASF SE, Covestro AG, DuPont de Nemours, Inc., LANXESS AG, and Solvay S.A. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy. In July 2022, BASF SE and THOR GmbH announced a collaboration to merge their proficiency in non-halogenated flame retardant additives. This partnership aims to deliver a holistic solution to customers, enhancing both sustainability and performance for targeted plastic compounds while meeting rigorous fire safety standards.

Key Companies:

  • SABIC
  • BASF SE
  • Covestro AG
  • DuPont de Nemours, Inc.
  • LANXESS AG
  • Solvay S.A.
  • Mitsubishi Engineering-Plastics Corporation
  • RTP Company
  • Clariant International Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Evonik Industries AG
  • Celanese Corporation

Key Questions Answered by Flame Retardant Thermoplastics Market Report

  • Global flame retardant thermoplastics market forecasts from 2024-2030
  • Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
  • Flame retardant thermoplastics submarket forecasts from 2024-2030 covering the market by flame retardant, polymer type, end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level flame retardant thermoplastics markets from 2024-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Contents:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Flame Retardant Thermoplastics Market Portraiture
2.2. Global Flame Retardant Thermoplastics Market, by Flame Retardant, 2023 (USD Mn)
2.3. Global Flame Retardant Thermoplastics Market, by Polymer Type, 2023 (USD Mn)
2.4. Global Flame Retardant Thermoplastics Market, by End-Use, 2023 (USD Mn)
2.5. Global Flame Retardant Thermoplastics Market, by Geography, 2023 (USD Mn)

 

3. Global Flame Retardant Thermoplastics Market Analysis


3.1. Flame Retardant Thermoplastics Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis

 

4. Global Flame Retardant Thermoplastics Market by Flame Retardant, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Halogenated
4.3. Non-Halogenated

 

5. Global Flame Retardant Thermoplastics Market by Polymer Type, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Acrylonitrile Butadiene Styrene (ABS)
5.3. Polycarbonate (PC)
5.4. Polypropylene (PP)
5.5. Polystyrene (PS)
5.6. Others

 

6. Global Flame Retardant Thermoplastics Market by End-Use, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Construction
6.3. Transportation
6.4. Electrical & Electronics
6.5. Others

 

7. North America Flame Retardant Thermoplastics Market Analysis and Forecast, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. North America Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
7.3. North America Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
7.4. North America Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
7.5. North America Flame Retardant Thermoplastics Market by Country, (2020-2030 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
7.5.1.2. U.S. Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
7.5.1.3. U.S. Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
7.5.2.2. Canada Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
7.5.2.3. Canada Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
7.5.3. Mexico
7.5.3.1. Mexico Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
7.5.3.2. Mexico Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
7.5.3.3. Mexico Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)

 

8. Europe Flame Retardant Thermoplastics Market Analysis and Forecast, 2020 - 2030 (USD Mn)


8.1. Overview
8.2. Europe Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.3. Europe Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.4. Europe Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5. Europe Flame Retardant Thermoplastics Market by Country, (2020-2030 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.1.2. Germany Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.1.3. Germany Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.2.2. U.K. Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.2.3. U.K. Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5.3. France
8.5.3.1. France Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.3.2. France Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.3.3. France Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5.4. Spain
8.5.4.1. Spain Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.4.2. Spain Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.4.3. Spain Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5.5. Italy
8.5.5.1. Italy Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.5.2. Italy Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.5.3. Italy Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
8.5.6. Rest of Europe
8.5.6.1. Rest of Europe Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
8.5.6.2. Rest of Europe Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
8.5.6.3. Rest of Europe Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)

 

9. Asia Pacific Flame Retardant Thermoplastics Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Asia Pacific Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.3. Asia Pacific Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.4. Asia Pacific Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
9.5. Asia Pacific Flame Retardant Thermoplastics Market by Country, (2020-2030 USD Mn)
9.5.1. China
9.5.1.1. China Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.5.1.2. China Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.5.1.3. China Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.5.2.2. Japan Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.5.2.3. Japan Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
9.5.3. India
9.5.3.1. India Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.5.3.2. India Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.5.3.3. India Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
9.5.4. South Korea
9.5.4.1. South Korea Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.5.4.2. South Korea Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.5.4.3. South Korea Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
9.5.5.2. Rest of Asia Pacific Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
9.5.5.3. Rest of Asia Pacific Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)

 

10. Latin America (LATAM) Flame Retardant Thermoplastics Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. Latin America Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
10.3. Latin America Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
10.4. Latin America Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
10.5. Latin America Flame Retardant Thermoplastics Market by Country, (2020-2030 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
10.5.1.2. Brazil Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
10.5.1.3. Brazil Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
10.5.2. Argentina
10.5.2.1. Argentina Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
10.5.2.2. Argentina Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
10.5.2.3. Argentina Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
10.5.3.2. Rest of Latin America Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
10.5.3.3. Rest of Latin America Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)

 

11. Middle East and Africa Flame Retardant Thermoplastics Market Analysis and Forecast, 2020 - 2030 (USD Mn)


11.1. Overview
11.2. MEA Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
11.3. MEA Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
11.4. MEA Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
11.5. Middle East and Africa Flame Retardant Thermoplastics Market, by Country, (2020-2030 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
11.5.1.2. GCC Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
11.5.1.3. GCC Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
11.5.2.2. South Africa Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
11.5.2.3. South Africa Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Flame Retardant Thermoplastics Market by Flame Retardant, (2020-2030 USD Mn)
11.5.3.2. Rest of MEA Flame Retardant Thermoplastics Market by Polymer Type, (2020-2030 USD Mn)
11.5.3.3. Rest of MEA Flame Retardant Thermoplastics Market by End-Use, (2020-2030 USD Mn)

 

12. Competitive Landscape


12.1. Company Market Share Analysis, 2023
12.2. Competitive Dashboard
12.3. Competitive Benchmarking
12.4. Geographic Presence Heatmap Analysis
12.5. Company Evolution Matrix
12.5.1. Star
12.5.2. Pervasive
12.5.3. Emerging Leader
12.5.4. Participant
12.6. Strategic Analysis Heatmap Analysis
12.7. Key Developments and Growth Strategies
12.7.1. Mergers and Acquisitions
12.7.2. New Product Launch
12.7.3. Joint Ventures
12.7.4. Others

 

13. Company Profiles


13.1. SABIC
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. BASF SE
13.3. Covestro AG
13.4. DuPont de Nemours, Inc.
13.5. LANXESS AG
13.6. Solvay S.A.
13.7. Mitsubishi Engineering-Plastics Corporation
13.8. RTP Company
13.9. Clariant International Ltd.
13.10. Sumitomo Chemical Co., Ltd.
13.11. Evonik Industries AG
13.12. Celanese Corporation
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