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– Since electric fire is a major cause of household fires in general, the fire safety standards are getting stricter, leading to increased use of flame retardants in electrical appliances. – The growing use of electrical appliances, along with the introduction of better technology, is expected to create an increased demand for flame retardant chemicals in the electrical and electronics industry. Flame retardants increase resistance to both internal and external heat sources. – Flame retardant materials find use in electrical equipment, right from the smallest components of a computer to large electrical grids.

Electrical fires are among the major sources of household and industrial fires around the world. – Flame retardant chemicals play a significant role in the electrical and electronics market. Increasing Demand from the Electrical and Electronics Industry – North America dominated the global market, with the largest consumption.– Rising awareness for eco-friendly flame retardants is likely to act as an opportunity in the future.– The rapid growth of infrastructure in the emerging economies is expected to drive the market during the forecast period.The high raw material cost and non-suitability of hydroxides to high temperature may hinder the growth of the market. Major factor driving the market studied is the increasing consumer demand for electrical and electronic products across the world. The non-halogenated flame retardant chemicals market is expected to register a CAGR of 7.18% during the forecast period, 2019 – 2024.Report defines the scope of the Non-Halogenated Flame Retardant Chemicals market, identifying potential of the Non-Halogenated Flame Retardant Chemicals markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers. focuses on identifying hidden needs or requirements of customers. “ Non-Halogenated Flame Retardant Chemicals Market ” is the process of conveying a good quality service to customers.