The multinational FRABS market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Flame Retardant ABS owns good properties of flame retardant. It is a specially formulated plastic that when removed from a flame source, the component extinguishes itself.
Flame retardant ABS belongs to the ABS resin family with the good properties of flame retardant. For plastic resins for consumer applications, UL94 Flame Rating set by the Underwriters Laboratories (External Link) is widely accepted as the most reliable standard of flame retardancy.
The flame retardant ABS can be divided into the halogen type as well as the no-halogen type, according to its flame retardant additives. Among the two types, Halogen type is the most preferred one by consumers. In 2017, Halogen type accounted for 90.24% market share globally.
In the global FRABS market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Chi Mei
LG Chem
SABIC
Lotte Advanced Materials
KKPC
Formosa Plastics
Grand Pacific Chemical
Techno-UMG
Toray
CNPC
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Non-halogen Type
Halogen Type
In market segmentation by applications :
Appliance
OA Machine
Automotive
Industrial
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the FRABS market for the forecast period 2020 - 2025?
• What are the driving forces in the FRABS market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the FRABS industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?