North America Flame Retardants Market Forecast to 2031 - Regional Analysis - by Type and End-Use Industry (Building and Construction, Automotive and Transportation, Electrical and Electronics, Textiles, and Others)

Description

List of Tables

The North America flame retardants market was valued at US$ 1,321.62 million in 2023 and is expected to reach US$ 1,944.93 million by 2031; it is estimated to register a CAGR of 4.9% from 2023 to 2031.

Rapid Growth of Construction Industry Fuel North America Flame Retardants Market

As urbanization and infrastructure development surge, the construction sector requires a variety of materials such as insulation, wiring, and furnishings, all of which need to meet stringent fire safety standards. Flame retardants comply with safety regulations, thereby reducing the risk of fires in residential, commercial, and industrial buildings. The heightened focus on fire safety in construction projects amplifies the necessity for flame-retardant products, directly boosting their market demand. Several government bodies across different countries support the development of the residential construction sector. For instance, according to the Associated General Contractors of America (AGC), the construction industry has more than 745,000 employers with over 7.6 million employees and creates nearly US$ 1.4 trillion worth of structures each year. The government spending from the National Housing Strategy (NHS) earmarks to encourage energy-efficient construction is powering additional demand for residential projects. The government has announced funding for the NHS over the 2018-19 to 2028-29 period of more than US$ 82 billion.

As modern construction increasingly emphasizes sustainable and high-performance buildings, the role of advanced materials becomes more pronounced. Therefore, various government-supportive measures for the development of the construction industry are leading to an increase in construction activities. This is creating demand for different construction materials, thereby driving the North America flame retardants market growth.

North America Flame Retardants Market Overview

Flame retardants are used in automotive components and mass transportation vehicle applications. Flame retardants demonstrate improved processing characteristics in plastics such as acrylonitrile butadiene styrene and high-impact polystyrene. According to the International Organization of Motor Vehicle Manufacturers, North America registered an increase in the production of motor vehicles from 14.79 million vehicles in 2022 to 16.16 million vehicles in 2023. As per a report by the American Automotive Policy Council, car sales are expected to exceed 17.7 million vehicles per year by 2025. According to the International Trade Administration data released in 2022, the automotive industry of Mexico accounts for 3.5% of the country's GDP and 20% of the manufacturing gross domestic production. Flame retardants are used as additives in paints and coatings used in residential, commercial, and industrial buildings. According to the American Coatings Association, in the US, architectural coatings are the largest segment of the paint industry, accounting for more than 50% of the total volume of coatings produced yearly. According to the US Department of Transportation Federal Highway Administration, in 2021, the US Government signed the Infrastructure Investment and Jobs Act, encompassing long-term infrastructure investments, providing US$ 550 billion over fiscal years 2022-2026 for the construction of bridges, roads, and mass transit and water infrastructure. Thus, the factors mentioned above drive the flame retardants market in North America.

North America Flame Retardants Market Revenue and Forecast to 2031 (US$ Million)

North America Flame Retardants Market Segmentation

The North America flame retardants market is categorized into type, end-use industry, and country.

By type, the North America flame retardants market is bifurcated into halogenated and halogen-free. In addition, halogenated is sub segmented into bromine-based and chlorine-based, and halogen-free is sub segmented into phosphorus-based, aluminum hydroxide, magnesium hydroxide, and others. The halogenated segment held a larger share of the North America flame retardants market share in 2023.

In terms of end-use industry, the North America flame retardants market is segmented into building and construction, automotive and transportation, electrical and electronics, textiles, and others. The building and construction segment held the largest share of the North America flame retardants market share in 2023.

Based on country, the North America flame retardants market is segmented into the US, Canada, and Mexico. The US segment held the largest share of North America flame retardants market in 2023.

ADEKA CORPORATION; AIR WATER INC; Albemarle Corp; Alpha Calcit Fullstoff GmbH & Co. KG; Avient Corp; BASF SE; Celanese Corp; Clariant AG; Domo Chemicals GmbH; Georg Nordmann; Greenchemicals S.r.l; ICL Group Ltd; Italmatch Chemicals S.p.A; J.M. Huber Corporation; Konoshima Chemical Co., Ltd.; Lanxess AG; Marubeni Corp; Nabaltec AG; RTP Company; and THOR Group Ltd are some of the leading companies operating in the North America flame retardants market.

Product Code: BMIRE00031491

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
3.3 Limitation and Assumptions

4. North America Flame Retardants Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industry
- 4.3.5 List of Vendors in the Value Chain

5. North America Flame Retardants Market - Key Market Dynamics

5.1 North America Flame Retardants Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Rapid Growth of Construction Industry
- 5.2.2 Soaring Demand from Electrical and Electronics Industry
5.3 Market Restraints
- 5.3.1 Stringent Regulations on Flame Retardants
5.4 Market Opportunities
- 5.4.1 Advancements in Flame Retardant Technologies
5.5 Future Trends
- 5.5.1 Rising Demand for Green Flame Retardants
5.6 Impact of Drivers and Restraints:

6. North America Flame Retardants Market Analysis

6.1 North America Flame Retardants Market Volume (Kilo Tons), 2021-2031
6.2 North America Flame Retardants Market Volume Forecast and Analysis (Kilo Tons)
6.3 North America Flame Retardants Market Revenue (US$ Million), 2023-2031
6.4 North America Flame Retardants Market Forecast and Analysis

7. North America Flame Retardants Market Volume and Revenue Analysis - by Type

7.1 Halogenated
- 7.1.1 Overview
- 7.1.2 Halogenated: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.1.3 Halogenated: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Bromine-Based
- 7.2.1 Overview
- 7.2.2 Bromine-Based: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.2.3 Bromine-Based: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Chlorine-Based
- 7.3.1 Overview
- 7.3.2 Chlorine-Based: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.3.3 Chlorine-Based: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Halogen-Free
- 7.4.1 Overview
- 7.4.2 Halogen-Free: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.4.3 Halogen-Free: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Phosphorus-Based
- 7.5.1 Overview
- 7.5.2 Phosphorus-Based: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.5.3 Phosphorus-Based: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.6 Aluminum Hydroxide
- 7.6.1 Overview
- 7.6.2 Aluminum Hydroxide: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.6.3 Aluminum Hydroxide: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.7 Magnesium Hydroxide
- 7.7.1 Overview
- 7.7.2 Magnesium Hydroxide: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.7.3 Magnesium Hydroxide: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.8 Others
- 7.8.1 Overview
- 7.8.2 Others: North America Flame Retardants Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.8.3 Others: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. North America Flame Retardants Market Revenue Analysis - by End-use Industry

8.1 Building and Construction
- 8.1.1 Overview
- 8.1.2 Building and Construction: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Automotive and Transportation
- 8.2.1 Overview
- 8.2.2 Automotive and Transportation: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Electrical and Electronics
- 8.3.1 Overview
- 8.3.2 Electrical and Electronics: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Textiles
- 8.4.1 Overview
- 8.4.2 Textiles: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. North America Flame Retardants Market - Country Analysis

9.1 North America
- 9.1.1 North America Flame Retardants Market Revenue and Forecast and Analysis - by Country
  - 9.1.1.1 North America Flame Retardants Market Volume and Forecast and Analysis - by Country
  - 9.1.1.2 North America Flame Retardants Market Revenue and Forecast and Analysis - by Country
  - 9.1.1.3 United States: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.3.1 United States: North America Flame Retardants Market Share - by Type
    - 9.1.1.3.2 United States: North America Flame Retardants Market Share - by End-use Industry
  - 9.1.1.4 Canada: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.4.1 Canada: North America Flame Retardants Market Share - by Type
    - 9.1.1.4.2 Canada: North America Flame Retardants Market Share - by End-use Industry
  - 9.1.1.5 Mexico: North America Flame Retardants Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.5.1 Mexico: North America Flame Retardants Market Share - by Type
    - 9.1.1.5.2 Mexico: North America Flame Retardants Market Share - by End-use Industry

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning and Concentration

11. Industry Landscape

11.1 Overview
11.2 New Product Launch
11.3 Collaboration
11.4 Mergers & Acquisitions
11.5 Expansions

12. Company Profiles

12.1 ADEKA CORPORATION
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Albemarle Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Avient Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 BASF SE
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 J.M. Huber Corporation
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Clariant AG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 RTP Company
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 ICL Group Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Italmatch Chemicals S.p.A
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Lanxess AG
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 Alpha Calcit Fullstoff GmbH & Co. KG
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 AIR WATER INC
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
12.13 Konoshima Chemical Co., Ltd.
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis
- 12.13.6 Key Developments
12.14 THOR Group Ltd
- 12.14.1 Key Facts
- 12.14.2 Business Description
- 12.14.3 Products and Services
- 12.14.4 Financial Overview
- 12.14.5 SWOT Analysis
- 12.14.6 Key Developments
12.15 Nabaltec AG
- 12.15.1 Key Facts
- 12.15.2 Business Description
- 12.15.3 Products and Services
- 12.15.4 Financial Overview
- 12.15.5 SWOT Analysis
- 12.15.6 Key Developments
12.16 Georg Nordmann
- 12.16.1 Key Facts
- 12.16.2 Business Description
- 12.16.3 Products and Services
- 12.16.4 Financial Overview
- 12.16.5 SWOT Analysis
- 12.16.6 Key Developments
12.17 Marubeni Corp
- 12.17.1 Key Facts
- 12.17.2 Business Description
- 12.17.3 Products and Services
- 12.17.4 Financial Overview
- 12.17.5 SWOT Analysis
- 12.17.6 Key Developments
12.18 Celanese Corp
- 12.18.1 Key Facts
- 12.18.2 Business Description
- 12.18.3 Products and Services
- 12.18.4 Financial Overview
- 12.18.5 SWOT Analysis
- 12.18.6 Key Developments
12.19 Domo Chemicals GmbH
- 12.19.1 Key Facts
- 12.19.2 Business Description
- 12.19.3 Products and Services
- 12.19.4 Financial Overview
- 12.19.5 SWOT Analysis
- 12.19.6 Key Developments
12.20 Greenchemicals S.r.l
- 12.20.1 Key Facts
- 12.20.2 Business Description
- 12.20.3 Products and Services
- 12.20.4 Financial Overview
- 12.20.5 SWOT Analysis
- 12.20.6 Key Developments

13. Appendix

13.1 About Us