Brominated Flame Retardants Market by Application (Electrical & Electronics, Chemical, Plastic, Construction, Transportation), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Brominated Flame Retardants Market size was valued at USD 9.13 USD Million in 2023 and is projected to reach USD 14.90 USD Million by 2032, exhibiting a CAGR of 12.8 % during the forecast period. The increasing demand for fire-resistant materials in various industries, including construction and electronics, is driving market growth. Brominated flame retardants (BFRs) refer to a chemical group that is added to materials in a bid to prevent them from catching fire or to slow down the rate of spreading of fire in case of an occurrence. Known as flame-retardant chemical agents, they are used in electronics, textiles, furniture, and building materials to reduce the occurrence of fire-related incidents by prolonging the time it takes for the material to catch fire. These compounds possess bromine, which helps in stopping the combustion process due to its tendency to attach to various free radicals formed during the burning process. Before delving deep into the BFRs, features such as efficiency in flame retardancy, applicability to various materials, and durability of the protection offered can be regarded as the key aspects of the BFRs. They are intended to respond to different substrates in which they are immersed without being seriously changed in their properties. The initial positive effect of BFR utilization is the already-mentioned option of increasing the fire safety of the final consumer’s products and building materials. This increased safety can eliminate potential fire risks and may even prevent deaths.
By Application:
By Type:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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