The global flame-retardant thermoplastics market is projected to register a healthy CAGR of 4.7% in the forecast period of 2019 to 2026, as per Data Bridge Market Research.
Global Flame retardant thermoplastics are developed to reduce the fire risks starting in due to any electrical fault or contact with any heat source. The flame-retardant thermoplastics tend to slow down the combustion and often help preventing the fire spread. Therefore, flame retardant thermoplastics will interfere with the potential fire hazard by delaying or preventing its propagation and resisting ignition by extinguishing flames. Various parameters are to be taken care of while developing and formulating flame-retardant thermoplastic compounds, such as combustibility, ignitability, flame spread, heat release, smoke development, and fire gas toxicity.
Depending on application type and end-user, flame retardant thermoplastics can be made of several polymers, such as polypropylene, nylon or polyamide, polycarbonate, acrylonitrile butadiene styrene, polybutylene terephthalate, polycarbonate/acrylonitrile butadiene styrene alloy, polycarbonate/acrylic alloy, and thermoplastic vulcanizate elastomers. Flame retardant technology is used in wide range of applications, such as in electrical & electronics industry, injection-molded wire nuts for electrical sockets, components used in microwaves, refrigerators, ovens, dishwashers, and dryers.