Flame Retardant Market Estimated to Soar Higher During 2015 to 2021

Flame retardants are the compounds which when added to materials such as plastics products, electrical devices, construction materials or textiles delays the production of flames to prevent the spread of fire. There are various types of flame retardant  such as aluminum trihydrate, antimony oxides, brominated flame retardant, chlorinated flame retardant, organophosphorus flame retardants, and other flame retardant chemicals.

Usage of flame retardant market is increasing in the electronic industry due to its property of decreasing the flammability of combustible substances. Some of the major end user applications of flame retardant market include building & construction, electronics, automotive & transportation, wires & cables, textiles & other applications.

 Some of the major factors driving the flame retardant market are high demand from current & emerging applications, demand from emerging economies, advancement in technology, increased security measures and the new regulatory guidelines for reducing toxic chemicals. Governments across the globe are setting improved safety standards for smoke and flammability range in different products.

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