Market research & Consulting- NewAge

  The global   flame retardants market   is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. An increase in fire safety regulations and the high demand for end-user industries such as transportation, construction, electrical & electronic industry are the key factors driving the global flame retardants market growth. Also, the massive sales of electronic products and growing safety concerns among the authorities are expected to accelerate the global flame retardants market growth in the forecast period. Imposition of Strict Fire Safety Regulation Drives the Market Growth The global demand for flame retardants was more than 2.45 million tons in 2021, and this number is expected to grow at a significant rate in the forecast period. Fire safety regulations are getting stricter around the globe, making the market players develop innovative flame retardants. High industry standards and stringent legal frameworks play a significant role in ma...

  The global   methacrylate monomers market   is projected to grow at a significant rate during the forecast period. Methacrylates are widely used to produce methacrylate monomer, which is used for manufacturing thermoplastics such as ABS, PVC, and acrylic. The market growth can be attributed to the rising demand for methacrylate monomers across various end-use industries such as electronics, automotive, construction, among others. Besides, growing application for methacrylate monomers in LCD and LED flat screens and high R&D activity by manufactures are expected to ensure a robust growth of the market in the next five years. The rising urban population and purchasing parity of consumers are also driving the growth of the global methacrylate monomers market during the forecast period. Methacrylate monomers are increasingly being used for windows, canopies, architectural components, panels, doors, etc. due to their enhanced durability and long-lasting propert...