Flame retardant Masterbatch market: Introduction
Masterbatch is defined as a mixture of specific quantities of additives and/or colorants that are dispersed in a carrier resin. Masterbatch imparts specific properties and/or desired color to the plastic and ensures efficient, effective and economical dispersion of additives in the resin. Additive masterbatches are those that are used to impart specific properties to the plastic. These are composed of additives or a combination of additives dispersed in a compatible carrier resin. Commonly used additive masterbatches include antioxidant, flame retardant, UV resistant, anti-static and anti-foam masterbatches, among others. Flame retardant Masterbatch are additives which when added to the polymer in order to reduce the tendency of the end product to catch fire. Moreover, incorporation of flame retardant Masterbatch also helps in reducing the tendency of the fire to spread rapidly. Use of flame retardant Masterbatch is necessary, especially in electronics and automotive applications.
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It is difficult to imagine the interior components and exterior parts of vehicle without plastics. To reduce the flammability risks from vehicular heat generation and to provide strength, flexibility, etc., almost every plastic part of an automobile must be fire resistant. For the same, flame retardant Masterbatch must be used in order to impart the flame resistivity and thermo stability into plastic materials. Given the increase in demand for plastics for automotive applications, the demand for flame retardant Masterbatch is also expected to grow over the forecast period
Flame retardant Masterbatch market: Dynamics
Over the recent past, there has been significant growth in the automotive vehicle production, especially electric vehicles, owing to which demand for plastic materials is increasing incessantly which in turn is expected to drive the demand for flame retardant Masterbatch market. Along with this, Flame retardant Masterbatch is preferred in several applications, such as building & construction, household appliances and many other appliances. Thus, growing Infrastructure development in developing and developed countries such as India and China and Brazil, among others is the key factor driving growth of the building and construction industry. Attributing to this, the demand for plastic products is rising significantly which in turn is expected to drive the flame retardant Masterbatch market. In Europe, various regulations such as REACH and WEEE (Waste Electrical and Electronic Equipment) restrict the use of brominated and chlorinated flame retardant Masterbatch as they adversely affect the environment. Owing to this, the use of halogenated flame retardant Masterbatch is highly regulated in Europe, which is subsequently affecting the demand for flame retardant Masterbatch in plastic processing
Flame retardant Masterbatch market: Key Players
Some of the key players identified across the value chain of the global flame retardant Masterbatch are listed below;
Albemarle Corporation
Ampacet Corporation
BASF SE
Clariant International AG
Cromex S/A
DIC Corporation
Dongguan GreenTech Plastics Co., Ltd
DOVER CHEMICAL CORPORATION
FERRO-PLAST Srl
LANXESS AG
Nouryon
Polyplast Muller GmbH
Polytechs
Tosaf, among others
The Flame retardant Masterbatch market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Flame retardant Masterbatch market report also contains projections using a suitable set of assumptions and methodologies. The Flame retardant Masterbatch research report provides analysis and information according to market segments such as geographies, application, and industry.
Flame retardant Masterbatch Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the Flame retardant Masterbatch market
- In-depth Flame retardant Masterbatch market segmentation
- Historical, current, and projected Flame retardant Masterbatch market size in terms of volume and value
- Recent Flame retardant Masterbatch industry trends and developments
- Competitive landscape of Flame retardant Masterbatch market
- Strategies of key players and products offered
- Market potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Flame retardant Masterbatch market performance
- Must-have information for market players to sustain and enhance their Flame retardant Masterbatch market footprint
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