Flam retardants market to reach nearly $6 billion by 2018

摘要

Flame retardants are used in numerous everyday products such as cell phones, carpets and insulating sheets to prevent them from being burnt or at least to slow down a fire in an emergency. As more and more plastics and other flammable materials are used, flame retardants are gaining increasing importance. The new market study by Ceresana Research forecasts that global flame retar-dant revenues will rise to approximately $5.8 billion by 2018. Demand is above all growing in the Asia Pacific region, with China registering the greatest increase of seven percent per year.