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The Global Aerospace Plastic Flame Retardants Market Is Expected To Grow At A CAGR Of 5.5% During The Forecast Period 2022-2030.
Aerospace Plastic Flame Retardant Market Overview:
An aerospace plastic flame retardant is a material added to plastics to slow or prevent them from catching fire. These materials are typically halogenated organic compounds that release hydrogen chloride or other corrosive gases when decomposed.
The growth of the market can be attributed to the increasing demand for flame-retardant plastics in the aviation industry. The use of flame-retardant plastics on aircraft provides fire protection and improves passenger safety.
Aerospace Plastic Flame Retardant market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Aerospace Plastic Flame Retardant market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Aerospace Plastic Flame Retardant Market:
Market Key Players:
Huber Engineered Materials, Clariant Corporation, RTP Company, Chemtura, Ciba, Italmatch, Albemarle, Sinochem, DIC Corporation, Royal DSM, Israel Chemicals, Rio Tinto, Solvay, BASF, And Others.
Aerospace Plastic Flame Retardant Market by Types:
Aerospace Plastic Flame Retardant Market by Applications:
Aerospace Plastic Flame Retardant Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
The United States and Canada are the major markets for flame retardants for aerospace plastics in North America. The United States is the main market for aviation plastic flame retardants because of the large number of aircraft manufacturers in the country. Canada is an important market for flame retardants for aviation plastics because of the large number of aircraft component manufacturers in the country.
Brazil is the largest market for flame retardants for aerospace plastics in Latin America. Brazil is a leading manufacturer of aircraft components. The country has a large number of airports, which increases the demand for aviation products and services. Mexico is another important market for aviation plastic flame retardants due to the development of the aviation industry in the country.
The UK, Germany, France, and Russia are the main markets for flame retardants for aerospace plastics in Europe. The UK is a major market for flame retardants for aviation plastics due to the large number of aircraft manufacturers in the country. Germany is an important market for flame retardants for aerospace plastics because of the large number of manufacturers of aircraft components in the country.
China, Japan, India, and South Korea are the major markets for flame retardants for aerospace plastics in the Asia Pacific region. Due to the continuous development of the aviation industry, China is a major market for aerospace plastic flame retardants. Japan is an important market for flame retardants for aviation plastics because of the large number of manufacturers of aircraft components in the country.
Significant Market Dynamics:
The expansion of the aviation industry is the major factor driving the growth of the global aerospace plastic flame retardants market. The growing demand for aircraft from airlines and defense forces led to an increase in aircraft production. This, in turn, drives the demand for flame retardants for aerospace plastics. Stringent government regulations regarding fire safety is another factor driving the growth of the global aerospace plastic flame retardants market.
Report Scope of Global Aerospace Plastic Flame Retardant Market:
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of the Aerospace Plastic Flame Retardant market?
The Aerospace Plastic Flame Retardant Market is growing at a CAGR of 5.5% During the Forecast Period.
What are the key types and applications of the Aerospace Plastic Flame Retardant market?
- Antimony Oxide, Aluminum Trihydrate, Organophosphates/Phosphorous, Boron Compounds
- Cfrp, Grp, Polycarbonate, Thermoset Polyimides, Acetal/Pom, Epoxies, Polyphthalamide (PPA), Polypropylene (PP), Polybutylene Terephthalate (PBT)
Who are the key players in the Aerospace Plastic Flame Retardant market?
Huber Engineered Materials, Clariant Corporation, RTP Company, Chemtura, Ciba, Italmatch, Albemarle, Sinochem, DIC Corporation, Royal DSM, Israel Chemicals, Rio Tinto, Solvay, BASF, And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.