Mineral Flame Retardants Market: Introduction

  • Commonly used mineral flame retardants are based on metal hydrates, especially aluminum and magnesium hydroxides. These are halogen-free and environmentally friendly, and offer favorable price/performance ratio.
  • Some other minerals also exhibit flame retarding effect. These are used in commercial applications as synergists. They enhance the performance of other flame retardants and offer specific effects such as suppression of smoke formation and increase in char formation. For instance, borates are used as mixture of boric acids and borax as flame retardants for cellulose.

Key Drivers of Global Mineral Flame Retardants Market

  • The mineral flame retardants market is driven by the increase in government regulations on environment safety and usage of halogen-free flame retardants. Furthermore, growth in electrical & electronics and automotive industries is expected to boost the demand for mineral flame retardants.
  • Rise in consumer awareness regarding toxic emissions released by fire is driving the halogen-free mineral flame retardants market across the globe. Additionally, innovation and technology advancement to shift toward synergist blends as halogen-free flame retardants is anticipated to propel the demand for mineral flame retardants during the forecast period. Mineral flame retardants primarily act as additive flame retardants and do not become chemically attached to the surrounding system.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF sample of this report

Aluminum Trihydroxide Segment to Dominate Global Market

  • Aluminum trihydroxide is the widely used mineral flame retardant. It is inexpensive, and its mode of action is based on the endothermic process (i.e. release of water), which cools the polymer and dilutes the flame zone.
  • Aluminum trihydroxide flame retardants are available in the form of white powder. They are used for processing temperature up to about 210°C for wires and cables, thermoset resin-based electronic & electrical components, building materials, paints and varnishes, and paper and plaster with organic binder.
  • Magnesium hydroxide flame retardants are employed for processing temperature up to about 310°C for wires and cables, polyamide resin-based electronic & electrical components, and building materials. Magnesium hydroxide powder is used as a mineral flame retardant for different types of plastics such as PVC, polypropylene, and polyethylene.

Growth of Building & Construction Industry to Drive Mineral Flame Retardants Market

  • The electrical & electronics industry is a leading consumer of mineral flame retardants, owing to the increase in regulations pertaining to fire safety for electric components and wires and cables
  • Demand for mineral flame retardants has been rising in automobiles due to the increase in government regulations to attain fire safety norms in automobiles

Asia Pacific to Hold Significant Share of Global Mineral Flame Retardants Market

  • In terms of region, the global mineral flame retardants market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global mineral flame retardants market in 2018, owing to the implementation of various regulations regarding fire safety of components used in the region. Furthermore, expansion in automotive and electrical & electronics industries in North America is expected to boost the consumption of mineral flame retardants in the region.
  • Asia Pacific is likely to offer lucrative opportunities to the market during the forecast period. Gowth in the industrial sector and rise in constructions activities in countries of Asia Pacific are anticipated to augment the consumption of mineral flame retardants in the region.
  • Growth in the automotive industry in Asia Pacific is projected to propel the demand for various plastic products. This, in turn, is likely to propel the demand for mineral flame retardants in the region.

Expanding operations in future? To get the perfect launch ask for a custom report

Key Players in Market

Major companies operating in the global mineral flame retardants market are focusing on innovation and technology advancement. Large numbers of companies are developing synergist compounds as flame retardants.

Key players operating in the global mineral flame retardants market include:

  • Clariant International Ltd.
  • Lanxess AG
  • Israel Chemicals Ltd.
  • Albemarle Corporation
  • Nabaltech AG
  • Chemtura Corporation Ltd.
  • Akzo Nobel

Global Mineral Flame Retardants Market: Research Scope

Global Mineral Flame Retardants Market, by Type

  • Aluminum Trihydroxide
  • Phosphorus-based
  • Magnesium Hydroxide
  • Others

Global Mineral Flame Retardants Market, by Application

  • Polyolefins
  • Epoxy
  • Unsaturated Polyester
  • Polyvinyl Chloride (PVC)
  • Engineered Thermoplastics
  • Styrenics
  • Others

Global Mineral Flame Retardants Market, by End-use Industry

  • Building & Construction
  • Electricals & Electronics
  • Automotive
  • Others

Global Mineral Flame Retardants Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
  • Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Mineral Flame Retardants Market