Low Smoke Halogen Free Flame Retardant Polypropylene Market Size, Share, Opportunities, And Trends By End-user Industry ( Automotive, Construction, Electrical And Electronics, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061617203
- Pages : 145
The Low Smoke Halogen Free Flame Retardant Polypropylene market is valued at US$845.423 million in 2025 and is projected to grow at a CAGR of 7.12% over the forecast period.
Polypropylene one of the general-purpose plastics, is widely used in many fields. Low smoke halogen-free flame retardant polypropylene has been commonly added to plastics, construction material, and electrical or electronic equipment to reduce flammability and improve product safety. Thus these are widely used in construction materials, transportation, electrical engineering, and medical equipment, among others.
The major driving factor is the growing market for automotive, construction, electrical, and electronics devices. The automotive industry around the world has been witnessing significant growth around the world. Further, electronic devices have been expanding due to the increased internet penetration around the world. Further, government spending and infrastructure developments have created the demand for the low smoke halogen-free flame retardant polypropylene materials in the industry.
- According to the WITS (World Integrated Trade Solution), in 2023, the top exporters of polypropylene, in primary forms were Saudi Arabia, South Korea, the United States, Germany, and China. Further, top importers were China, Turkey, the European Union, India, and Germany.
What are the drivers of the low-smoke halogen-free flame retardant polypropylene market?
- Growing demand for electronic products
Rising demand for electronic devices is another major driving factor for the rise in the halogen-free flame retardant polypropylene. Devices such as digital cameras, personal digital assistants, smartphones, laptops, watches, portable power packs, emergency power backup, surveillance, and alarm systems are manufactured with halogen-free flame-retardant polypropylene.
Mobiles and smartphones have become an indispensable part of society. Mobile phones have been the most common form of internet access device. The percentage of individuals owning a mobile phone in Asia Pacific was 75%, 82% in Arab States, and 93% high in Europe in the year 2023. These increased demands for the devices will lead to the demand for halogen-free flame retardant polypropylene material.
- Rising automotive industry
The surge in the adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is driving a substantial increase in the demand for flame-retardant polypropylene. These vehicles necessitate high-performance flame-retardant polypropylene for different body parts in the automotive vehicles. According to the International Energy Agency, the sales of BEV (battery electric vehicles) have been surging, 4,700,000 in 2021, increased to 7,300,000 in 2022, and reached 9,500,000 in 2023.
Furthermore, during the forecast period, the transition toward fully autonomous vehicles is expected to expand development for halogen-free flame-retardant polypropylene distributors and manufacturers. In the rising automotive sector, as per, the International Organization of Motor Vehicle Manufacturers, the global production of automotive was 10% in 2023 compared to the previous year indicating rising sales around the world.
The low smoke halogen-free flame retardant polypropylene market is segmented into five regions worldwide:
By geography, the low smoke halogen-free flame retardant polypropylene market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region such as ASEAN countries.
The Asia Pacific region is expected to see notable growth in the low-smoke halogen-free flame retardant polypropylene market due to increasing applications in the construction industry. The government of India increased its capital expenditure allocation to US$ 133.9 billion for the fiscal year beginning April 1, 2024. This budget allocation would focus on India's infrastructure.
North America is expected to have a significant market share for low-smoke halogen-free flame retardant polypropylene products due to their major utilization in the defense industry. The United States Department of Defense's base budget has shown a consistent upward trajectory over the years, with an increase from $703,713 million in 2021 to $742,275 million in 2022, and further growth to $773,000 million in 2023. With a notable change of positive $30,725 million from 2022 to 2023. Enhanced defense spending drives investments in advanced flame retardant technologies, and plays a pivotal role in bolstering the market growth.
Product Offerings-
- Shandong Novista Chemicals Co., Ltd- Shandong Novista Chemicals Co., Ltd offers halogen-free flame retardant for PP is offered in the packaging of a 25kg kraft bag with PE liner. With the appearance in the white free-flowing powder, the PH value is between 5.0-7.5, and the average particle size of um D50≤10.
- HFFRLS series- The HFFRLS series is offered by Ecoplast. It is a halogen-free flame-retardant corrugated pipe with low smoke emission. It is designed for the installation and laying of power and low-current cables. The HFFRLS series of pipes ensures the fire safety of infrastructure facilities. These are used in false spaces of building structures, in the voids of false walls, raised floors, false ceilings made of non-combustible materials, and non-combustible materials in industrial premises.
Key developments in the Low smoke halogen-free flame retardant polypropylene market:
The market leaders for the low smoke halogen-free flame retardant polypropylene market are POLYROCKS CHEMICAL CO. LTD, Dongguan Hengjia Plastic Technology Co. Ltd, Kowa Kasei Co. Ltd, Borealis AG, Hebei Sunua Advanced Material Co., Ltd., and Ultrapolymers Austria GmbH among others. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors. For Instance,
- In December 2023, LOTTE Chemical developed recycled flame-retardant PP material for building interior materials. They acquired Grade A in the ASTM flame retardant test. It would be entered into the building interior finishing materials market in North America and the Middle East. The PP product that received the A grade is a newly developed halogen-free (non-toxic) flame retardant material. These are not harmful to the human body compared to general flame-retardant plastics and are recyclable.
- In July 2023, SABIC introduced SABIC PP compound H1090 resin and STAMAX 30YH611 resin. These two materials are well-suited for sheet extrusion and thermoforming. These products are 30 percent glass fiber-reinforced, intumescent, flame retardant (FR) materials, based on polypropylene (PP). It can be used for electric vehicle (EV) battery pack components such as top covers, enclosures, and module separators. These have thermal barrier properties. These materials are more cost-effective and efficient compared to injection molding of thermoplastics and compression molding for thermosets.
- In October 2022, Nordmann announced the distribution of a broad selection of flame retardants from Chinese partner JLS. It would be marketed as their brand products under the brand name NORD-MIN. They are most often utilized in the paint, coatings, textile, and construction industries. Hangzhou JLS Flame Retardants Chemical Co., Ltd. is in the research, development, and manufacture of halogen-free flame retardants.
The Low smoke halogen-free flame retardant polypropylene Market is segmented and analyzed as below:
- By End-user Industry
- Automotive
- Construction
- Electrical And Electronics
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Rest of Asia-Pacific
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing demand for electronics products
4.1.2. Rising automotive industry
4.2. Market Restraints
4.2.1. High cost of manufacturing
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. LOW SMOKE HALOGEN-FREE FLAME RETARDANT POLYPROPYLENE MARKET BY END-USER INDUSTRY
5.1. Introduction
5.2. Automotive
5.3. Construction
5.4. Electrical and Electronics
5.5. Others
6. LOW SMOKE HALOGEN-FREE FLAME RETARDANT POLYPROPYLENE MARKET BY GEOGRAPHY
6.1. Global Overview
6.2. North America
6.2.1. United States
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Rest of South America
6.4. Europe
6.4.1. United Kingdom
6.4.2. Germany
6.4.3. France
6.4.4. Italy
6.4.5. Spain
6.4.6. Rest of Europe
6.5. Middle East and Africa
6.5.1. Saudi Arabia
6.5.2. United Arab Emirates
6.5.3. Rest of Middle East and Africa
6.6. Asia-Pacific
6.6.1. China
6.6.2. India
6.6.3. Japan
6.6.4. South Korea
6.6.5. Taiwan
6.6.6. Thailand
6.6.7. Indonesia
6.6.8. Rest of Asia-Pacific
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Market Share Analysis
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Competitive Dashboard
8. COMPANY PROFILES
8.1. POLYROCKS CHEMICAL CO. LTD
8.2. Dongguan Hengjia Plastic Technology Co. Ltd
8.3. Kowa Kasei Co. Ltd
8.4. Borealis AG
8.5. Hebei Sunua Advanced Material Co., Ltd.
8.6. Ultrapolymers Austria GmbH
8.7. LATI Industria Termoplastici S.p.A.
8.8. Lapp Group
8.9. Novista Group
8.10. Jiangxi Longtai New Material Co., Ltd
8.11. Ecoplast
8.12. SABIC
POLYROCKS CHEMICAL CO. LTD
Dongguan Hengjia Plastic Technology Co. Ltd
Kowa Kasei Co. Ltd
Borealis AG
Hebei Sunua Advanced Material Co., Ltd.
Ultrapolymers Austria GmbH
LATI Industria Termoplastici S.p.A.
Lapp Group
Novista Group
Jiangxi Longtai New Material Co., Ltd
Ecoplast
SABIC
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