The article cited AMA's Global Flame Retardant Market Study explored substantial growth with CAGR of 6.6%. According the report, Rising Urbanization Population across the World and Government Initiatives to Provide Affordable Housing is one of the primary growth factors for the market. Rising Demand from Current & Emerging Applications such as Polyolefins, Epoxy resins, Unsaturated Polyester, among others
is also expected to contribute significantly to the Flame Retardant market. Overall, Polyolefins
applications of Flame Retardant, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Flame Retardant market identified that the demand is rising in many different parts of the world as "Growing Demand from Emerging Economics such as China, India, Brazil, Philippines, among others". Furthermore, some recent industry insights like "In April 2018, the Huntsman Corporation (United States) company has launched flame retardant TPUs with the new standard for connection protection. Hence, this launched will increase the product portfolio of the company" is constantly making the industry dynamic. One of the challenges that industry facing is "Problem Regarding the Flame Retardants Inspire Weight Problems and Cause Melanoma"
The End Use, such as Construction, is boosting the Flame Retardant market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Flame Retardant market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Flame Retardant market and other related sub-markets covered in the study.
o Key & emerging players in the Flame Retardant market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Flame Retardant market size is calculated using market estimation process, the Flame Retardant market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Flame Retardant market size has been validated using both top-down and bottom-up approaches.