Flame retardant industry global market

After the vigorous development in the early 1980s, the production and application of flame retardants have entered a stage of steady development. Global flame retardant consumption exceeds 1.5 million tons, of which 85% are additive flame retardants and 15% are reactive flame retardants. The United States, Western Europe and Japan are the world's three major flame retardant markets. Among them, the United States accounts for 40% of the global market, about 30% in Western Europe and about 20% in Japan. Between 1989 and 1998, the average annual growth rate of flame retardant consumption in the United States, Western Europe, and Japan was 2.8%-3.6%, 3%-4%, and 3.8%, respectively. During this period, the annual growth rate of global flame retardant market was about It is 3.5%-4%.