The global flame retardant market is expected to rise at a CAGR of 5.9% to reach USD 11,175.9 million by the end of 2027 on account of the increasing fire safety regulations adopted by various end-user industries worldwide. They are chemicals added to flammable materials such as plastic, coatings, textiles, and others to prevent fire incidents
Information source:
https://www.fortunebusinessins....ights.com/flame-reta
Drivers & Restraints-
Increasing Consumption of Brominated Compounds in Products to Boost Growth
The imposition of stringent regulations on fire safety stands as a significant flame retardant market growth driver.
Like
Comment
Share
