The global market for non-halogenated flame retardants is expected to reach USD 2.54 billion by 2020, according to a new study by Grand View Research, Inc. Concern for human health and environment has led to many countries banning halogen based flame retardants. These regulations and legislations are key factors positively affecting the demand for halogen free retardants. Polymers are being increasingly used in many end use industries such as automotive, electrical, construction, etc. Increased use of polymers has given a significant rise to risk of fire accidents. Extensive use of non-halogenated flame retardants for countering these instances will lead to its increased demand and eventual market growth. The estimated CAGR for market revenue is 8.2%. However, issues with processing of these materials are expected to be a challenge for market participants.
http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants
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