A new market study on flame retardants, involving eight countries and 246 companies, has recently been released by the Ceresana Research Institute.
Due to rising national safety standards for fire prevention, the flame retardant market is gaining more and more importance, generating revenues of US$ 5.8 billion in 2018.
Inorganic retardants are showing the fastest increase among the various types, with an annual growing rate of 3.5% to 4.3%.