2015, Chinese fire retardant market size will reach 850,000 tons or more

According to 2013-2017 China retardant industry sales forecast demand and investment analysis report data show that in 2007 the total global consumption of about flame retardants 1.7 million tonnes in 2008 to approximately 1.95 million tons in 2010 to 2.3 million tons in 2011 to 241 tons ,2007-2011 compound annual growth rate reached 9.12%. Prospects Industry Research Institute flame retardant market research group forecast 2013 – 2014 will maintain an average annual growth rate of approximately 3.5%, flame retardant agent consumption in 2014 is expected to reach 2.62 million tons.

From the sales point of view, in 2005 global sales of approximately $ 3.5 billion retardants, 2008 of approximately $ 4.1 billion in 2010 to $ 5 billion, in 2014 is expected to reach $ 6.1 billion ,2010-2014 will remain approximately 5.5% The average annual growth rate.

In recent years, China’s annual production volume flame retardants average growth rate is estimated to be 15% -20%, far higher than the global level of 3% -4% .2010 domestic production was 58,303,800 tons of plastic products, according to plastic products industry planning objectives, ‘second five’ at the end of plastic products production reached about 10 million tons in 2010, based on the goal of doubling and then press the flame-retardant plastic plastic products accounted for 20% and the proportion of three flame retardant % per annum, is expected to ‘Twelve Five’ fire retardant plastic products in China market will reach 600,000 tons, flame retardants overall market size of 90 million tons from the market development trend, the expected annual average 2013-2016 growth rate of 15% -20%, and flame retardants market in 2015 will reach 850,000 tons or more.

Source: http://www.best-news.us

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