New Study by hkc22.com:
Halogen-free Flame retardants market will increase from 1.62 bn US $ in 2005 and to 2.72 bn US $ in 2010 worldwide. Nanotechnology will play the key role in improving fire-retardant performance and reducing production costs.Halogen-free flame retardants show strong increase worldwide. In Western Europe, USA and Japan, the public consciousness of the hazardous halgonenated products, the industrial end-user initiatives and the environmental legislation push together the market trend to halogen-free products. In China, Eastern Europe and other parts of Asia, the booming economy and the strengthened fire protection standards stimulate the market of fire retardants overall, from which the halogenated and non-halogenated products both benefit.
The highest increase is to be seen in China with more than 13 percent. Slightly slow growth in Western Europe and USA, ranging from 9%-11%, The world market in total will grow from 1.62 bn US $ in 2005 and to
2.72 bn US $ in 2010. The average global annual growth rate is more than 10%, in comparison with 5% of the general flame retardants market.hkc22.com snipped-for-privacy@hkc22.com