Market Overview

The Global Flame Retardants for Aerospace Plastics Market is expected to reach a value of USD 33.0 million in 2023 and is anticipated to witness a steady CAGR of 7.7% for the forecast period (2023-2032).

Flame retardants are additive chemicals incorporated into polymers and plastic products to inhibit or delay the spread of fire. They find critical application in aviation to minimize fire hazard risks

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Market Leading Segments

By Product

• Aluminum Trihydrate
• Antimony Oxide
• Phosphorous Compounds
• Boron Compounds
• Magnesium Hydroxide
• Others

By Polymer

• Carbon Fiber Reinforced Polymer (CFRP)
• Polycarbonate (PC)
• Glass Reinforced Plastic (GRP)
• Thermoset Polyimides
• Polyoxymethylene (POM)
• Acrylonitrile Butadiene Styrene (ABS)
• Others

Market Players

• Clariant
• Huber Engineered Materials
• RTP Company
• BASF SE
• LANXESS
• Chemtura
• Albemarle
• Ciba
• DIC Corporation
• Rio Tinto
• Israel Chemicals
• Other Key Players

Market Trends

  • Shift toward non-halogenated green flame retardants to comply with environmental regulations. Phosphorus-based offerings gaining prominence.
  • Nanotechnology-enabled flame retardant plastic formulations gaining traction.
  • Development of heat and smoke suppressing flame retardants supporting aircraft wire and cable insulation needs.

Factors Influencing Demand

  • New aircraft deliveries and in-service fleet expansions necessitating fire safety materials compliance.
  • Evolving fire, smoke and toxicity standards demanding materials performance improvements.

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Opportunities

  • Lightweighting potential of plastic components in aircraft interiors, opening up application areas for flame retardants.
  • Increase in production rates of emerging aircraft programs utilizing flame retardant plastics and composites.

Challenges

  • Concerns regarding toxicity of certain halogenated flame retardants hampering adoption prospects.
  • Achieving right balance between fire safety enhancement and mechanical performance during plastic product development.
  • High costs involved in certification and compliance testing for aerospace applications.

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