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Flame Retardants Market is forecast to reach USD 16.60 billion by 2030

The Global Flame Retardants Market size is estimated to be USD 8.39 billion in 2019 and is predicted to reach USD 16.60 billion by 2030 with a CAGR of 6.4% from 2020-2030. Flame Retardants are the chemicals used in various industries such as fabrics, and others to make them fire resistant. Flame retardants are added to the thermo plastic vulcanizate elastomer in low concentrations according to restriction of hazardous substance to increase the heat resistance properties and reduce the fire spread. Overall the flame retardants are used to prevent fire outbreaks from becoming the catastrophe. These fire retardants are also used in kitchen appliances, toys, equipments and others to increase the fire resistance. Read Report Overview @ https://www.nextmsc.com/report/flame-retardants-market    Over the period of time, there has been increase in the awareness and various developments taken place in the chemical industry to develop the fire resistant materials. Furthermo...