In this report, Fior Markets covers the present scenario (with the base year being 2017) and the growth prospects of global Aerospace Plastic Flame Retardant market for 2018-2023.
Flame retardants are a class of auxiliaries that inhibit the combustibility of polymers. They are mostly compounds of Group V, VII and III elements of the Periodic Table of the Elements; in particular, compounds of phosphorus, bromine, chlorine, gallium and aluminum. There are two types of flame retardants, additive and reactive. Additive flame retardants are mainly phosphate esters and halogenated phosphates, halogenated hydrocarbons, antimony oxides, and aluminum hydroxides. The advantages are easy to use and adaptable. However, due to the added amount of 10% to 30%, often affect the performance of plastics. Reactive flame retardants are actually monomers containing flame-retardant elements, so they have little effect on plastic properties. Common reactive flame retardants such as halogenated anhydrides for polyesters, tetrabromobisphenol A for epoxy resins, and phosphorus-containing polyols for polyurethanes.
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The Global Aerospace Plastic Flame Retardant Market is estimated to reach. Increasing demand for plastics, because of lesser airframe weight and fuel savings is expected to drive market growth. Rising air traffic and evolving security standards will also have a positive influence.
Plastics are widely used in aerospace decks, wings, airframes, cabins, rotor blades, cushion foams and other interior components. High performance engineered products such as glass reinforced plastics (GRP), polyimides, polycarbonates and even epoxies are rapidly gaining importance over conventional materials.
Major companies operating in the worldwide aerospace plastic flame retardant market are RTP Company, Albemarle Corporation, Huber Engineered Materials, and Chemtura Corporation. Most leading participants are largely integrated along the value chain.
Over the next five years, LPI(Fior Markets) projects that Aerospace Plastic Flame Retardant will register a 2.3% CAGR in terms of revenue, reach US$ 2010 million by 2023, from US$ 1790 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Aerospace Plastic Flame Retardant market by product type, application, key manufacturers and key regions.
To calculate the market size, Fior Markets considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Antimony Oxide
- Aluminum Trihydrate
- Boron Compounds
Segmentation by application:
- Thermoset Polyimides
- Polyphthalamide (PPA)
- Polypropylene (PP)
- Polybutylene Terephthalate (PBT)
This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Huber Engineered Materials
- Clariant Corporation
- RTP Company
- DIC Corporation
- Royal DSM
- Israel Chemicals
- Rio Tinto
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Aerospace Plastic Flame Retardant consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Aerospace Plastic Flame Retardant market by identifying its various subsegments.
Focuses on the key global Aerospace Plastic Flame Retardant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aerospace Plastic Flame Retardant with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aerospace Plastic Flame Retardant submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.