TAGS: Flame Retardants
The Decabromodiphenyl Ether Market is set to grow from its current market value of more than USD 300 million to over USD 430 million by 2025; as reported in the latest study by Global Market Insights, Inc.
Increasing Demand for Flame Retardant Materials
Increasing demand for
flame retardant materials in building & construction wires, electrical & electronics and textiles industries should stimulate decabromodiphenyl ether market growth. These materials offer exceptional chemical resistance and delay ignition which prevents the spread of fire. Rising investments in construction industry along with growing demand for
additive flame retardants is likely to boost the market size.
The decabromodiphenyl ether market size form polyurethane material is likely to exceed by USD 55 million by 2025. It is utilized in several end use industries such as consumer electronics and cables & wires pertaining to its cost effectiveness and weather resistance nature. These materials are widely used for electrical insulation owing to their advance dielectric properties, mechanical & chemical resistance and impermeability towards water. Polyurethane materials permit easy inspection of encapsulated assemblies and protect them from damage.
The decabromodiphenyl ether market demand from polyvinylchloride may expect consumption at above 11 kilo tons by 2025. These products are largely used as coatings for cables & wires pertaining to their high durability. These are added to protect plastic components which can be exposed to high temperatures. Increasing demand for high performance, light-weight plastics in electrical & electronics applications shall accelerate the product growth.
Decabromodiphenyl Ether Market
- U.S. 83% decabromodiphenyl ether market size from textiles applications may register significant gains at 3.5% by 2025. These products are widely used in home & office furnishings owing to their lighter, efficient and cost-effective capabilities. Increasing technological innovations have enabled the use of smart textile products in electronics sector which is the major driver of the market. Rising investments in textile mills and textile factories owing to low labor costs and demand from furniture upholstery may stimulate the industry growth.
- Germany 97% decabromodiphenyl ether market demand from polyolefins wires & cables may register gains close to 4% up to 2025. Increasing building infrastructure has fueled the demand for power & energy in residential and commercial sectors which is the major driver of the industry. Wiring is utilized in every building to transfer electrical current to external uses of power owing to its insulating capability, compatibility with plastics and economic feasibility. Rising demand for electricity along with growth in usage of number of electronic devices may foster the market share.
- China 83% decabromodiphenyl ether market share from polypropylene buildings & construction application may expect gains at above 4% pertaining to significant rise in population in the region. decaBDE from polypropylene are widely used in the manufacture of building & construction pipes owing to their high chemical resistance, durability and minimal environmental impact. These products offer a high quality, low cost, non-pressure wastewater & drainage piping system which improves the overall efficiency of the building.
Tosh Corporation, ICL-IP Europe, Shouguang Weidong Chemical and Shanghai Xusen Non-Halogen Supressoning Fire Re-retardants are the key producers in the industry. Manufacturers may involve in strategic mergers & acquisitions to advance their global presence and improve product portfolio.
Source: Global Market Insights