Flame retardant market growing.According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an updated technical market research report, "Flame retardant Flame retardants are materials that inhibit or resist the spread of fire. Naturally occurring substances such as asbestos as well as synthetic materials, usually halocarbons such as polybrominated diphenyl ether (PBDEs), polychlorinated biphenyls (PCBs) and chlorendic acid chemicals--RC-004B," from BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. Research, the consumption of flame retardant chemicals worldwide was 2.9 billion pounds in 2005. This amount will grow at an average annual growth rate of 3.5% and reach 3.4 billion pounds in 2010. Price increases for most products, except alumina trihydrate, would impact the average annual growth rate of the market's sales. In 2005, sales were estimated to be approximately $3.5 billion worldwide. This figure should reach $4.6 billion by 2010, with an average annual growth rate of 5.6%. The greatest growth by volume will be for bromine-based, phosphorus-based and melamine-based flame retardants, due to growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. in plastics and wood/paper applications. Melamine melamine (mĕl`əmēn'), common name for 2,4,6-triamino-1,3,5-triazine. Melamine is a trimer (see polymer) of cyanamide, H2NC≡N, and is synthesized from calcium carbide. is a small market player with slightly more than 1% share of the flame retardant chemicals marketplace. The growth for the use of melamine is expected to be greater than the industry as a whole, since melamine is being used more often as a flame retardant in plastics and in coatings. In addition, melamine should have increased presence in Europe, where there are bans on the use of certain bromine-based flame retardant chemicals. In such cases, it is possible to use melamine-based flame retardant chemicals as an alternative. The continuation of fire safety standards Safety standards are standards designed to ensure the safety of products, activities or processes, etc. They may be advisory or compulsory and are normally laid down by an advisory or regulatory body that may be either voluntary or statutory. in the U.S. and abroad will spur flame retardant growth. Additionally, the largest country in the world, China, has opened its borders to Western products, providing new opportunities for companies with the ability to do business in the region. Environmental and health concerns over halogenated halogenated pertaining to a substance to which a halogen is added. halogenated salicylanilides see rafoxanide, clioxanide. flame retardant chemicals should also allow additional market share for halogen replacements, especially in parts of Europe where bans on specific halogenated chemicals exist. Alumina trihydrate (ATH) should continue to dominate the market by volume with an estimated 42% market share. Prices for alumina trihydrate have not gone up much in the last five years and are not expected to in the furore. As a result, the volume growth of ATH should be similar to that of sales growth, about 2%. |
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