The rise in infrastructure development is notably driving the flame retardant market growth, although factors such as environmental and health concerns caused by flame retardant may impede market growth
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As per Technavio, the stringent fire safety standards will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.
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This market research report segments the flame retardant market by End-user (Building and construction, Electricals and electronics, Textile, Transportation, and Others) and Geography (APAC, Europe, North America, MEA, and South America).
54% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for flame retardant chemicals market in APAC.
APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Stringent fire safety standards will facilitate the flame retardant market growth in APAC over the forecast period.
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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