San Francisco, California (PRWEB) June 30, 2014
The global market for non-halogenated flame retardants is expected to reach USD 2.54 billion by 2020, according to a new study by Grand View Research, Inc. Concern for human health and environment has led to many countries banning halogen based flame retardants. These regulations and legislations are key factors positively affecting the demand for halogen free retardants. Polymers are being increasingly used in many end use industries such as automotive, electrical, construction, etc. Increased use of polymers has given a significant rise to risk of fire accidents. Extensive use of non-halogenated flame retardants for countering these instances will lead to its increased demand and eventual market growth. The estimated CAGR for market revenue is 8.2%. However, issues with processing of these materials are expected to be a challenge for market participants.
The report “Non-Halogenated Flame Retardants Market Analysis By Product (Aluminum Hydroxide, Phosphorous Based), By Application (Polyolefins, Epoxy Resin, UPE, PVC, ETP, Rubber, Styrenics), By End Use Industry (Electrical, Construction, Transportation) And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/non-halogenated-flame-retardants.
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Further key findings from the study suggest:
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For the purpose of this study, Grand View Research has segmented the non-halogenated flame retardants market on the basis of product, application, end use and region:
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Phytosterols Market Analysis By Application (Pharmaceutical, Cosmetics, Food Ingredients), By Product (Beta-Sitosterol, Campesterol, Stigmasterol, Ergosterol) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/phytosterols-market)
The global market for phytosterols is expected to reach USD 989.8 million by 2020, according to a new study by Grand View Research, Inc. Phytosterols are widely used as additives in food products such as dairy, sausages, cold cuts, etc. One of the major drivers for the growth of phytosterols market is the favorable regulatory scenario, promoting their use in functional foods and nutraceuticals. In addition, proven ability of phytosterols, to reduce cardiovascular disorders is also expected to have positive impact on market demand.
Agricultural Films Market Analysis By Application (Green House, Mulching, Silage), By Raw Material (LDPE, LLDPE, HDPE, EVA, Reclaims) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/agricultural-films-market)
Global market for agricultural films is expected to reach USD 10.5 billion by 2020, according to a new study by Grand View Research, Inc. Increasing population and decreasing area of land available for agricultural purpose are expected to remain key driving factors for the market. Government regulations regarding use of plastic materials and impact of plastic on nature are expected to slow down the market growth. Mulching emerged as a leading application segment and accounted for 44.3% of total market volume in 2013.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
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