According to a new report published by Fortune Business Insights™, upcoming report titled, “Brominated Flame Retardants Market Size, Share & Industry Analysis, By Application (Electrical & Electronics, Chemical, Plastic, Construction, Transportation) And Regional Forecast 2021-2028” The brominated flame retardants are organobromine compounds, it is also an important element in the chemical group halogen. It is added to many commercial and consumer products in order to inhibit them from burning when they are exposed to heat or a smoldering cigarette. HBCD and tetrabromobisphenol-A (TBBPA) are widely used as brominated flame retardants. They help to either stop the process from starting or gradually slow down the chemical reaction. The brominated flame retardants find its use in a wide range of applications which include electrical & electronics, chemical, plastic, construction, and transportation. The brominated flame retardants market is expected to grow in the forthcoming years.
The global pandemic, COVID-19, has led to severe repercussion owing to its widespread effects across several economies. Several industries are facing unprecedented losses owing to the lockdown announced by several governments across the globe that has resulted in the complete shutdown of the businesses. The crippling economy, however, is being revived through collective efforts from the government as well as the industries and is expected to bounce back in the coming years.
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Fortune Business Insights profiles some of the prominent companies operating in the brominated flame retardants market. They are as follows:
- Kisuma Chemicals
- Applied Technical Services
- Chemtura Corporation
- ADEKA CORPORATION
- GAB Neumann GmbH
- RTP Company
- Albemarle Corporation.
- Jiangsu Yoke Technology Co., Ltd.
Scope of the Brominated Flame Retardants Market Report:
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report.
This report focuses onBrominated Flame Retardants Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2028, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
- Electrical & Electronics
- North America (U.S. and Canada)
- Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)
- Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
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Asia Pacific is anticipated to witness the highest growth in the brominated flame retardants market. The growth is attributed to the rising demand for the product in the chemical industry, in which China and India are the leading countries. The increasing use of brominated flame retardants in the construction industry will fuel the market growth in Europe. In North America, the growth is due to the increasing adoption of the product in the electrical & electronics industry. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the product for the transportation purpose.
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