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The global adhesive for resilient floor market is projected to reach a value of USD 2,969.5 million in 2024 and is expected to continue its growth at a compound annual growth rate (CAGR) of 6.3% throughout the forecast period. By 2034, the market is anticipated to nearly double, achieving an estimated value of USD 5,482 million. This growth is driven by the increasing demand for resilient flooring solutions in various sectors, including residential, commercial, and industrial applications, where strong, durable adhesives are essential for ensuring the longevity and performance of flooring systems.

Market Drivers and Trends

The demand for luxury residential and commercial spaces in East Asia, particularly in countries like China and South Korea, is expected to drive the market. China’s construction industry is projected to grow at an annual rate of 8.5%, supporting the need for high-quality flooring materials and adhesives.

The United States remains a key player, driven by home renovations and new constructions. The increasing focus on green building practices and strict environmental regulations are propelling the demand for eco-friendly adhesives. For example, single-family home construction in the U.S. increased by 11% in 2021, according to the National Association of Home Builders (NAHB).

Key Industry Highlights

• The construction sector’s growth is a crucial driver for resilient floor adhesives, with significant investments in both new builds and renovations across developed and emerging regions.
• The rising demand for eco-friendly, low-VOC, and water-based adhesives, spurred by stringent environmental regulations, is shaping market trends.
• The global rise in renovations presents substantial growth opportunities, especially in developed markets like the U.S. and Europe, where a significant portion of construction activities involve upgrading existing structures.

Key Trends:

Renovation and Remodeling: A global rise in renovation activities is creating significant opportunities for adhesives specifically designed for resilient floors.

Eco-friendly Solutions: Growing environmental awareness is leading to increased demand for sustainable adhesives, especially in regions with stringent regulations like the United States and Europe.

Competitive Landscape

Key players in the industry include Pidilite Industries Limited, Dow Chemicals, Huntsman Corporations, Sika AG, Mapei SpA, Ardex, Henkel AG & Co, and H.B. Fuller. The global adhesive for resilient floor market is highly fragmented with a mix of large-scale leaders and several small-scale regional players creating a dynamic environment for growth.

This structure facilitates a competitive landscape that demands innovation and adaptability. This further opens up new opportunities for growth and expansion.

Manufacturers in the industry are progressively investing in the development of sustainable materials amid the rising demand for eco-friendly solutions across several industries. They are providing their consumers with customized and aesthetically appealing materials and designs to stand out among competitors. The market is witnessing substantial investments in research and development to facilitate the adoption of bio-based materials in the industry.

• Tier 1 Companies: Dominating with a 40-45% market share, these companies have extensive product portfolios, high production capacities, and a global reach. Key players include Henkel AG & Co., Sika AG, The Dow Chemical Company, and 3M Company.
• Tier 2 and 3 Companies: These companies focus on specific regions, with annual revenues ranging from USD 1,500 million to USD 9,000 million. They play a crucial role in local markets, offering tailored solutions and ensuring regulatory compliance.

Industry Updates

• In May 2024, H.B. Fuller, headquartered in Minnesota, acquired ND Industries, a provider of specialty adhesives. This acquisition is anticipated to accelerate the realization of the organization’s top growth priorities.
• In March 2024, Mapei SpA, headquartered in Milano, announced the opening of its new plant in Cantanhede, Portugal, continuing its international expansion strategy.

Leading Adhesive for Resilient Floor Brands

• Pidilite Industries Limited
• Dow Chemicals
• Huntsman Corporations
• Sika AG
• Mapei SpA
• Ardex
• Henkel AG & Co
• H.B Fuller
• Forbo Holding
• 3M
• Arkema S.A
• Panacol-Elosol GmbH
• Wacker Chemie AG
• Laticrete International
• Bono AB

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global bentonite clay market is poised for significant growth, projected to reach a value of USD 1.9 billion in 2024 and expand to USD 3.2 billion by 2034. This growth is driven by the increasing demand for bentonite clay across various industries such as construction, agriculture, and oil drilling, owing to its unique properties like high absorbency, swelling capacity, and viscosity. The market is expected to grow at a steady CAGR of 5.2% over the next decade, as bentonite clay continues to be a key material in drilling fluids, sealants, and as an additive in various industrial processes. This trend reflects the growing reliance on bentonite for diverse applications in emerging and established markets.

Bentonite is gaining traction in cosmetic preparations as pigment binders and suspending agents, driving its use in the pharmaceutical segment. The foundry and metal casting industries are set to impact the market, particularly in the automobile and equipment manufacturing sectors, due to increased demand for these applications.

The pharmaceutical industry, along with extensive research by key manufacturers, offers ample opportunities for companies in the bentonite market. The industry is driven by its high usage as groundwater barriers, binders in iron and steel manufacturing, liquor clarifiers, and high drilling mud applications.

Iron ore pellets’ increased use in steel manufacturing, high demand from automotive industries, and growing product popularity among end-users further influence the industry. The sector is further gaining traction due to its low product price, ease of availability, and high adsorption capabilities. Growing awareness among users, expansion of manufacturing industries worldwide, and surge in disposable income positively affect the market.

Key Takeaways from the Bentonite Clay Market Report:

• The bentonite clay market is expected to reach a value of USD 3.2 billion by 2034.
• The market is projected to surge at a CAGR of 5.2% by 2034.
• China’s bentonite clay market is expected to grow at a CAGR of 5.9% by 2034.
• The United States is projected to reach a valuation of USD 568.7 million in 2034.
• Based on type, the sodium bentonite segment held a market share of 46% in 2023.

“Bentonite, a drilling fluid additive, is gaining traction in the oil and gas industry due to its robust demand in shale formations. Bentonite’s unique properties make it valuable in construction for waterproofing, sealing, and soil stabilization, with increasing demand in emerging economies due to global infrastructure development.” – says an analyst at Future Market Insights, Inc.

Competition Outlook

Clariant, Ashapura Group, Bentonite Performance Minerals, Bento Group Minerals, Ningcheng Tianyu, and Xinjiang Nonmetallic Minerals are the key bentonite clay companies in the industry. Leading companies are investing heavily in research and development to expand product lines.

Market participants are also taking strategic initiatives to grow global presence, such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaborations. To survive in this competitive environment, competitors offer cost-effective products. Manufacturers in the bentonite industry are adopting local manufacturing to reduce operating costs and benefit clients.

Industry Updates-

• In 2023, Bentoproduct initiated a thirty-day takeover bid for Nematali, a local mining organization.
• In 2024, Clariant, headquartered in Switzerland, introduced plastic-free Desi Pak ECO moisture-absorbing packets, a range of natural clay solutions aimed at protecting sealed packaged goods from water damage.

Discover Detailed Findings in the Complete Report!

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global bentonite clay market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights into the bentonite clay industry based on type (sodium bentonite, calcium bentonite, and potassium bentonite), application (molding sands, iron ore pelletizing, pet litter, drilling mud, civil engineering, and agriculture), and region.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global caprylyl glycol market value is estimated to total USD 1.7 billion in 2024 and USD 3.2 billion by 2034. Global demand is anticipated to increase at a CAGR of 6.6% throughout the forecast period, fueled by increasing production and consumption of cosmetics and personal care items.

Multiple factors are expected to propel the demand for caprylyl glycol during the assessment period. These include robust growth of cosmetics and personal care sector, growing interest in natural ingredients, and widening applications of 1,2-octanediol in pharmaceutical and other industries.

Caprylyl glycol is becoming a widely used ingredient in the cosmetics and personal care sector. This is due to its growing popularity as a versatile moisturizer, emollient, and antimicrobial preservative. Thus, as the demand for cosmetics continues to surge, so will sales of caprylyl glycol.

Consumers globally are becoming aware of the importance of personal grooming and hygiene. This is prompting them to invest in a wide range of cosmetic and personal care products, especially those containing caprylyl glycol.

Modern consumers are also looking for natural ingredients in cosmetics and personal care products. Caprylyl glycol aligns well with this trend as it is mostly derived from plant-based sources.

Increasing adoption of caprylyl glycol in pharmaceutical formulations is anticipated to boost sales growth. Similarly, expanding applications of caprylyl glycol in industrial products like coatings, adhesives, and lubricants that require antimicrobial and moisture retention capabilities will fuel demand.

The caprylyl glycol market is projected to experience growth due to several key drivers:

1. Increasing Demand in the Cosmetics and Personal Care Industry: Caprylyl glycol is widely used as a skin-conditioning agent and preservative in cosmetics and personal care products such as creams, lotions, shampoos, and deodorants. The growing consumer preference for skincare and beauty products, especially those with natural and non-toxic ingredients, is driving demand for caprylyl glycol.
2. Rising Awareness of Skin Health: As consumers become more conscious about their skin’s health and the products they use, the demand for safe, moisturizing, and non-irritating ingredients in cosmetic formulations is increasing. Caprylyl glycol’s ability to hydrate and provide a smoother skin texture contributes to its popularity.
3. Shift Toward Natural and Sustainable Products: Caprylyl glycol, derived from natural sources like coconut oil, aligns with the trend towards clean beauty products and sustainability. Consumers increasingly prefer products that are eco-friendly, cruelty-free, and made from renewable resources, which boosts the demand for caprylyl glycol-based products.
4. Growth in the Pharmaceutical and Healthcare Sectors: Beyond cosmetics, caprylyl glycol is also used in the pharmaceutical industry as an emulsifier, stabilizer, and preservative. The rising demand for pharmaceutical products, especially those with a focus on skin health or personal hygiene, is contributing to its market expansion.
5. Antimicrobial Properties: Caprylyl glycol’s ability to act as a mild antimicrobial agent, helping prevent the growth of bacteria and fungi in cosmetic formulations, is driving its use in formulations requiring preservatives. This trend is particularly important as consumers seek safer alternatives to parabens and other preservatives.

Access the Complete Report for a Comprehensive Overview!

Caprylyl Glycol Market Key Players

• Ashland
• BASF SE
• Clariant AG
• Dow
• Evonik Industries AG
• Inolex, Inc.
• Lonza Group Ltd.
• Lotioncrafter
• Symrise
• Thor Personal Care

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the caprylyl glycol industry, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study offers compelling insights based on nature (natural and synthetic), grade (cosmetic grade and industrial grade), application (haircare products, skincare products, toiletries, makeup and color cosmetics, and others), and end-use (pharmaceuticals, cosmetics, and personal care, industrial, others) across several regions.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to Future Market Insights (FMI), the global silicon anode lithium-ion battery market value is set to reach USD 1,052.8 million in 2024 and USD 57,653.4 million in 2034. Over the assessment period, the industry is predicted to surge at a CAGR of 49.2%.

Growing demand for electric vehicles and electronics necessitates advanced, high-energy, and secure battery solutions, propelling demand for silicon-anode lithium-ion batteries. Developments in battery chemistry, manufacturing, processing, recycling technologies, and infrastructure investments are further projected to fuel the growth.

The automotive industry plays a pivotal part in propelling the silicon anode lithium-ion battery market, fuelled by the necessity for secure and dependable energy sources. Silicon anode batteries exhibit superior safety compared to alternative anode materials like carbon and graphite, offering extended battery life and sustainability.

Silicon anode lithium-ion batteries prove their effectiveness in aerospace applications due to their high energy density and efficiency, surpassing conventional graphite anodes. With a capacity approximately ten times greater than graphite, silicon emerges as a promising option for aerospace applications where weight reduction and energy efficiency are vital.

Market Trends:

1. Increased Demand for EVs and Energy Storage:
   • The rise in electric vehicles (EVs) is one of the primary drivers for silicon anode LIBs. Silicon anodes can significantly improve the energy density of EV batteries, providing longer driving ranges with smaller, lighter batteries.
   • The growing need for efficient energy storage solutions, particularly in the context of renewable energy integration, is also fueling market growth.
2. R&D Advancements and Commercialization:
   • Continuous research and development (R&D) are focused on overcoming the challenges associated with silicon anodes, such as issues with cycle life and mechanical stability due to silicon’s volumetric expansion during charge-discharge cycles.
   • Companies are working on advanced technologies, such as silicon-graphene hybrid anodes or silicon nanotubes, to improve performance and durability.
   • Major players like Tesla, Panasonic, and LG Chem are investing heavily in developing silicon anodes for next-generation lithium-ion batteries.
3. Shift Towards High-Energy Density Batteries:
   • Silicon anodes offer significantly higher theoretical capacity (around 3,500 mAh/g compared to graphite’s 372 mAh/g), making them highly attractive for applications requiring high energy density, such as drones, smartphones, and EVs.
   • As the demand for longer-lasting batteries grows, silicon anode technologies are gaining traction, especially in high-performance sectors.
4. Sustainability and Environmental Concerns:
   • With growing concerns over sustainability and the environmental impact of battery production, the focus is shifting toward developing more sustainable and efficient battery technologies. Silicon anodes are seen as a way to reduce the carbon footprint of batteries, as silicon is abundant and less harmful to the environment compared to other materials.

Uncover Extensive Insights with the Full Report!

Competitive Landscape

Sila Nanotechnologies, Amprius Technologies, Group14 Technologies, Enovix Corporation, and NanoGraf Corporation are the key companies profiled in the full version of the report. Leading silicon anode lithium-ion battery manufacturers and suppliers are actively investing in continuous research to create new and advanced materials and improve their manufacturing processes to cater to end-user needs.

Recent developments-

• In March 2024, NanoGraf opened a new facility for advanced manufacturing and expanded research and development capabilities in Chicago.
• In March 2024, NEO Battery Materials filed a 9Mn patent for a manufacturing innovation in NBMSiDE®, resulting in improved yield, capacity, and quality in silicon anode production.

More Insights into the Silicon Anode Lithium-ion Battery Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global silicon anode lithium-ion battery market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034.

To understand the global market potential, growth, and scope, the market is segmented based on capacity (<3000 mAh, 3000 mAh to 10000 mAh, >10000 mAh), material (nanostructured silicon anode, Si-based carbon composite anode), application (automotive, consumer electronics, aerospace, industrial, power, others), and region.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The fumigation product market is poised for steady growth, projected to expand at a compound annual growth rate (CAGR) of 6.2% over the next decade. This robust growth trajectory, despite potential market constraints, indicates a promising future for the industry. By 2034, the market size is expected to swell to USD 10.1 billion, a significant increase from the USD 5.5 billion recorded in 2024. This upward trend underscores the rising demand for effective pest control solutions, driven by heightened awareness of pest-related health risks and the increasing need for safeguarding agricultural yields and stored products.

The growing population rate and urbanization will drive the fumigation product market growth rate. The increasing commercial and non-commercial sectors will generate the demand for disinfecting products. Also, vigorous methods will be demanded to gain rapid results. Hence, this will be a key growth driver.

The growing prevalence of infectious diseases will give traction to the demand for fumigation products. Due to this, consumers will agitate the fumigation product market size by generating more demand for products.

Stringent policies for food safety and the healthcare industry will generate the demand for fumigation products. Disinfection processes will get traction and the regulatory policies will govern them, fueling the market growth.

The growing agricultural sector will assist the fumigation product market growth rate as the demand for pesticides, fungicides, and germicides will increase drastically. Therefore, this is another key market driver.

Fumigation Product Market Trends

The fumigation product market is experiencing growth driven by increasing environmental concerns, as sustainable pest control practices gain popularity. Integrated pest management techniques are becoming more common, supporting the demand for eco-friendly solutions. Additionally, there is a rising focus on aesthetics, with consumers seeking pleasant-smelling, effective pest-control and disinfecting methods. Advancements in technology and ongoing research are also contributing to the development of new chemical formulations, further fueling innovation in the market. These trends collectively contribute to the expansion of the fumigation product market.

Competitive Landscape

Major players in the fumigation product market innovate and expand through their product launches. Moreover, strategic acquisitions, mergers, and collaborations are key market expansion modes that deliver a sustainable competitive edge.

New entrants possess less negotiating power due to their lower market share. However, strategic alliances, aggressive pricing, and innovation will elevate their market share, giving a decisive competitive advantage. The following key market developments have occurred recently:-

• In October 2022, AMVAC Chemical Corporation partnered with NewLeaf Symbiotics. The collaboration was intended to use the strategic strengths of both organizations in the field of marketing and operations to deliver optimum results.
• In February 2024, Arkema expanded its elastomers production capacity by 40%. This development has been significant for the organization in the consumer goods and sports market segment.

Gain Detailed Understanding by Reviewing the Complete Report!

Key Companies Profiled in the Fumigation Product Market

• AMVAC Chemical Corporation
• Arkema
• Detia Degesch GmbH
• Ecotec Fumigation
• Intech Organics Ltd
• LANXESS AG
• Solvay S.A.
• Draslovka Services Group
• S.C. JOHNSON & SON INC.
• Ensystex Australasia Pty Ltd.

More Valuable Insights Available

Future Market Insights offers an unbiased global fumigation product market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

The fumigation product market is segmented by Type (Phosphine, Sulfuryl Fluoride, Methyl Bromide, and Others), Form (Solid, Liquid, and Gas), Application (Commercial & Industrial, Agriculture, and Residential), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global bromine flame retardant (BFR) market is poised for substantial growth, with its value forecasted to rise from USD 2,399.5 million in 2024 to USD 4,264.0 million by 2034. This represents a robust compound annual growth rate (CAGR) of 5.9% throughout the forecast period. The increasing demand for BFRs, driven by their crucial role in enhancing the fire safety of materials across industries such as electronics, construction, automotive, and textiles, is expected to significantly fuel market expansion. As industries continue to prioritize safety and regulatory standards, the adoption of bromine-based flame retardants is anticipated to rise, supporting the market’s positive trajectory over the next decade.

Increasing awareness and stringent regulations regarding fire safety is expected to propel demand for bromine flame-retardant materials. Technological advancements lead to developing more efficient and environmentally friendly flame retardants, driving the BFR market growth.

The booming construction, automotive, and electronics industries are further contributing to the market expansion. The bromine flame retardant market finds extensive utilization across various end-use industries, including electronics, construction, automotive, textiles, and aerospace.

Regulatory requirements and the need for enhanced fire safety measures in several sectors drive widespread adoption of bromine flame retardant materials. The increasing focus on sustainability and environmental protection further drives the demand for eco-friendly flame retardant solutions, particularly in construction and textiles.

Looking at the global outlook, the bromine flame retardant market is witnessing a balanced equilibrium between supply and demand. While demand continues to rise steadily due to increasing safety regulations and industrial growth, the market benefits from a stable supply of raw materials and efficient production processes.

The growth of the Bromine Flame Retardant (BFR) market is driven by several key factors:

1. Stringent Fire Safety Regulations: Increasing government regulations worldwide focusing on fire safety standards in industries like electronics, construction, and automotive are pushing for the adoption of flame retardants. These regulations mandate the use of fire-resistant materials, boosting demand for BFRs.
2. Expanding Electronics Industry: As the electronics sector continues to grow, especially in consumer electronics and electric vehicles, the need for BFRs to meet safety and performance standards in components like circuit boards, cables, and connectors is rising.
3. Growth in Construction & Automotive Sectors: The construction and automotive industries, which require fire-resistant materials for insulation, wiring, and other components, are significant consumers of BFRs. Increased infrastructure development and the adoption of advanced vehicles contribute to rising demand.
4. Advances in Materials and Applications: Innovations in BFR technology, such as improving efficiency and reducing environmental impact, are expanding their use across diverse applications. The growing trend toward lightweight and high-performance materials in automotive and aerospace sectors is also driving market demand.
5. Rising Awareness of Fire Safety: As safety concerns grow globally, especially in residential and commercial buildings, the demand for BFR-treated materials has surged. Public awareness of fire hazards and the importance of fire-resistant materials is contributing to market growth.
6. Growing Demand in Textiles: The textile industry is increasingly adopting BFRs for applications in upholstery, clothing, and fabrics used in transportation. The need for flame-resistant textiles in public spaces and vehicles is contributing to the market’s expansion.
7. Sustainability Trends: There is a growing focus on developing sustainable and less toxic flame retardants, including bromine-based solutions that offer high effectiveness while reducing harmful environmental impacts, driving innovation and market growth.

Uncover Extensive Insights with the Full Report!

Competitive Landscape

The global bromine flame retardant (BFR) market is fragmented, with leading players accounting for 35% to 40% of the share. Albemarle Corporation, Akzo Nobel N.V., ICL, Lanxess, BASF SE, Clariant, and ISU Chemical are the leading manufacturers and suppliers of bromine flame retardant (BFR) listed in the report.

Key bromine flame retardant (BFR) companies invest in continuous research to produce new products and increase their capacity to meet end-user demand. They are also inclined toward adopting strategies to strengthen their footprint, including acquisitions, partnerships, mergers, and facility expansions.

For instance,

• In 2022, Canada-based FRX Innovations announced that Nofia-branded flame retardants received the SAFER accreditation from ChemFORWARD.
• In 2022, BASF SE launched a novel type of thermoplastic Polyurethane termed as ‘Elastollan R 2600 FHF’ from its Elastollan product line.

More Insights into the Bromine Flame Retardant (BFR) Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global bromine flame retardant (BFR) market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034.

To understand the global market potential, growth, and scope, the market is segmented based on type (Tetrabromobisphenol A [TBBPA], Hexabromocyclododecane [HBCD], Polybrominated Diphenyl Ethers [PBDEs], Decabromodiphenyl Ethane [DBDPE], Brominated Polystyrene [BPS], Others) application (electrical and electronics, building & construction, textile & furniture, automotive, aerospace & defense, plastic & polymer, others) and region.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube