Flame Retardant Thermoplastic companies

  • Report ID: 3181
  • Published Date: Jul 21, 2025
  • Report Format: PDF, PPT

Key Flame Retardant Thermoplastic Market Players:

    The global isolation switch market is very consolidated, with key players - ABB, Schneider Electric, Siemens, Eaton, and GE - accounting for a major portion of the market share. Larger manufacturers invest heavily in research and development, innovative products and services, and joint partnerships. The leaders of the smart grid first-mover advantage mainly come from European companies, while US and Indian-based players are targeting local supply chain productivity and development in their respective markets. The demand for smart grid products was impacted due to the pandemic and the economic landscape. Many manufacturers have either merged or joint-ventured locally and are pursuing green energy compliance. Other competition is coming from many new entrants out of South Korea, Malaysia, and Australia, whose offering has lower costs, better technology that leverages demand for industrial automation and renewable energy.

    Some of the key players operating in the market are listed below:

    Company Name

    Country of Origin

    Estimated Global Market Share (%)

    BASF SE

    Germany

    ~11%

    Dow Inc.

    USA

    ~10%

    SABIC

    Saudi Arabia (operates heavily in Europe)

    ~9%

    LANXESS AG

    Germany

    ~8%

    Clariant AG

    Switzerland

    ~7%

    Celanese Corporation

    USA

    ~xx%

    Solvay S.A.

    Belgium

    ~xx%

    RTP Company

    USA

    ~xx%

    INEOS Styrolution Group GmbH

    Germany

    ~xx%

    LyondellBasell Industries N.V.

    Netherlands

    ~xx%

    Asahi Kasei Plastics North America, Inc.

    USA

    ~xx%

    Covestro AG

    Germany

    ~xx%

    LOTTE Chemical Corporation

    South Korea

    ~xx%

    Reliance Industries Limited

    India

    ~xx%

    PETRONAS Chemicals Group Berhad

    Malaysia

    ~xx%

    Here are a few areas of focus covered in the competitive landscape of the market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The flame retardant thermoplastic market size was USD 10.5 billion in 2024.

The global flame retardant thermoplastic market size was USD 10.5 billion in 2024 and is likely to reach USD 19.4 billion by the end of 2034, expanding at a CAGR of 6.5% over the forecast period, i.e., 2025-2034.

BASF SE, Dow Inc., SABIC, LANXESS AG, Clariant AG, Celanese Corporation, Solvay S.A., RTP Company, and INEOS Styrolution Group GmbH are some key players in the market.

The electrical & electronics segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 45.3% during the forecast period.
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