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BDP Flame Retardants Market growth will be driven by rising demand in the bisphosphate’s products

Author : Ronak Bora | Published Date : 2019-04-01 

Global Market Insights, Inc. has announced the launch of BDP flame retardants market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

BDP flame retardants market is expected to grow owing to its high thermal and hydrolytic stability properties over other bisphosphates products. Being a halogen free FR, increasing construction activities across the world will flourish the industry market. Several government entities are upcoming with new regulations to lower the VOC levels in fire mishaps, so BDP flame retardants are the effective products.

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Flame retardants includes a varied group of chemicals which are added to manufactured materials including textiles and plastics, and coatings & surface finishes. It delays the spread of fire by forming a protective layer on the surface of the materials. The product can withstand high temperatures which is required during processing of several engineered resins. Currently, there are two well-known methods in the industry: halogen and halogen free (non-halogen) FR. Halogen FR uses chlorine and bromine chemical to suppress fire however, rising environment safety awareness halogen free FR are preferred over halogenated FR.

Halogen free FR includes phosphorus, antimony trioxide, nitrogen, magnesium hydroxide and alumina trihydrate FR. Its high resistance to fire property delays the combustion process of fire which is considered to enhance the product demand. Further, it possesses superb properties which include high thermal stability, high processing temperature, excellent hydrolytic stability and low volatility which is considered to fuel the BDP flame retardants market.

BDP flame retardants are used in PC/ABS, PCB/EPOXY and polyphenylene oxide alloys. Moreover, on basis of engineering plastics application, it is further divided into building & construction, electrical & electronics, wires & cables, transportation and textile. Among these, PPE holds a major industry share in this segment owing to its wide range of application in electronics, automobile parts and structural parts.

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Europe BDP flame retardants market holds the largest share due to favourable regulations adopted by government and other legal entities. Also, ban against toxic and flammable materials usage by WEEE, RoHS and REACH is expected to have a positive impact on the industry growth. Upsurge in automotive industries in the region has raised the need for engineered resins, thus propelling BDP flame retardants market.

Asia Pacific is the fastest developing BDP flame retardants market owing to booming industrialization and urbanization. Heavy construction observed in several emerging nations will further drive the industry size. Companies are now concentrating on better technologies to develop superior quality product which will further strengthen the industry. Further, regulations by RoHS and WEEE in China and Korea is expected to flourish BDP flame retardants market demand.

Global BDP flame retardants market is moderately consolidated and competitive in nature owing to the presence of large and small regional & international players globally. Several key players for the industry are ADEKA, ICL, Zhejiang Wansheng, Shandong Moris, Albemarle, Daihachi Chemical and Jiangsu Yoke.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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