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Brominated flame retardants (BFR) are organobromine based compounds which reduces the flammability of products in which it is mixed. Brominated flame retardants are of different types based on their chemical properties and belong to different groups such as polybrominated diphenyl ether, brominated cyclohydrocarbons, and polybrominated biphenyl. Polybrominated flame retardants are widely used in products made up of plastics, electrical gadgets, and appliances. Manufacturing materials reduce flame propagation effect within those materials. Brominated flame retardants are also used in gums to increase their flame resisting capacity. Apart from its flame retardant property, it also acts as deoxidizing agent by providing chemical stability to different kinds of products. There are different types of brominated flame retardants (based on flame retardants capabilities) including synthetic brominated flame retardant, organophosphorus flame retardant, and chlorinated flame retardants. Brominated flame retardants find their application in different types of industries such as plastic and polymers, electrical industries, automotive, textiles, both commercial and residential infrastructures.Â
COVID-19 Scenario Analysis
Rise in demand for electrical appliances such as wires, castings, and electronic gadgets where brominated flame retardants are used as inhibitors for combustion propel demand of the brominated flame retardants market. Awareness for flame resisting materials in highly volatile industries such as oil & gas and flammable chemicals handling industries increases demand for brominated flame retardants. In addition, expansion of plastic and polymeric products where brominated flame retardants are used for enhancing flame resisting property of products is expected to propel growth of the brominated flame retardants market. However, volatility in prices of brominated based materials may hamper the growth of brominated flame retardants in the coming future. Conversely, technical advancements in electrical and electronic gadgets such as omitting overheating effects where brominated flame retardants play a major role in doing also propels growth of the brominated flame retardants market. Moreover, expansion of aerospace programs in both developed and developing countries such as the U.S., China, and India are prone to catching fire in equipment such as rockets and missiles. Due to its resistance to fire and combustibility, the aerospace sector is expected to create lucrative opportunities for the global brominated flame retardants market during the forecast period.
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Brominated Flame Retardants Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
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Key Market Players | BASF SE, Nabaltec AG, Albemarle Corporation, Israel Chemicals Ltd., Lanxess Aktiengesellschaft, Velsicol Chemical Corporation, The Dow Chemical Company, Jiangsu Yoke Technology Co., Ltd., Clariant AG, Akzo Nobel N.V. |
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