Global demand for flame retardants will increase at an average annual rate of 6% over the next four years

The demand growth in North America and Western Europe is relatively slow, with an average of 5.5 per cent and 3.5 per cent. According to the latest research report of the American Friedonia Group, it is revealed that in the next four years, the flame retardant market worldwide will need to increase rapidly at an average annual rate of 60%. By 2014, the market will need to reach 2.2 million tons/year.
The Asia-Pacific region will be the fastest-growing market for electrical flame retardants in the world. It is expected that it will rapidly increase at an average annual rate of 7.5 percent. By 2014, the flame retardants in the Asia-Pacific region will account for the needs of the world market. One in a minute.