Driven by innovation in flame retardant chemistries, and widespread product application of plastics, the world flame retardant chemicals market is projected to reach 5.7 billion pounds (lbs.) by the year 2012. New regulatory guidelines for reduction of hazardous substances is expected to increase the demand for environmentally friendly, recycleable flame retardant products that are low on smoke and fume, and high in flame retardancy performance. With several countries establishing flammability performance standards for a wide range of products, there exist ample opportunities for growth in the world market in the upcoming years.

 San Jose, CA (PRWEB) November 11, 2008 -- Flame retardant chemicals are set to witness an exodus of evil products with the regulatory bodies slamming the usage of environmentally deterrent compounds. Safety and health have emerged as the twin concerns for regulating industry-wide flammability. Regulation is all geared up to play a bigger role in fueling the sector's demand, be it in the selection of appropriate chemicals to avoid adverse impact on the environment or in the setting up of norms to curtail industry-wide flammability concerns. While Asia's frantic run to cope with regulatory norms is all primed to leapfrog the region's flame retardant chemical demand much above that of mature markets, the latter are strapping up for a modest, yet promising growth evincing from the manufacturing and construction sectors.

While new rules attempt to scrutinize, and safeguard the environment and public health, conformance to new guidelines will prove expensive for manufacturers of flame-retardants. The mandatory pre-qualification process is likely to axe the enthusiasm for experimenting with newer chemicals as they entail huge costs. Smaller players are also likely to be knocked out of the market thereby resulting in greater consolidation in the global market. Sustained success in the market will depend upon the ability to formulate newer, more efficient and environmentally benign chemistries with greater flame retardancy performances. Cutting edge, revenue-generating innovations will require technological prowess and strong financial muscle.

Asia-Pacific represents the largest as well as the fastest growing market for flame retardant chemicals in the world, with sales estimated at 1.8 billion pounds, as stated by Global Industry Analysts, Inc. Brominated flame retardants market is projected to reach 1.7 billion lbs by 2010. In value terms, global flame retardant chemicals market is estimated at US$4.6 billion. Phosphorus-based flame retardant chemical market is projected to cross the US$1.0 billion mark by 2010.

Major market participants profiled include Akzo Nobel Polymer Chemicals LLC, Albemarle Corp., Martinswerk GmbH, Arkema Inc., BASF SE, Chemtura Corporation, Clariant AG, Daihachi Chemical Industry Co. Ltd., DIC Corporation, Dover Chemical Corporation, Royal DSM NV, ICL Industrial Products, Ameribrom Inc., ICL Performance Products LP, Idemitsu Kosan Co. Ltd., Lanxess GmbH, Occidental Chemical Corporation, Supresta LLC, Synalloy Corporation, and The Dow Chemical Company.

The report titled "Flame Retardant Chemicals: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets. Product markets analyzed in the report include Alumina Trihydrate, Antimony Oxide, Brominated Flame Retardants, Chlorine-based Flame Retardants, and Phosphorus-based Flame Retardants. The report includes detailed analyses and coverage of the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific, Latin America, and Middle East for the period 1991-2015 in both value and volume terms. Also provided in the report is an enumeration of recent mergers, acquisitions and other strategic industry activities.