NAFTA Alumina Trihydrate (ATH) Flame Retardant Market - Forecast(2021 - 2026)
The NAFTA ATH flame retardant market generated a revenue of $114.13 million in 2017 and is anticipated to grow at a CAGR of 3.47% during the forecast period from 2018 to 2023. Due to the rapid growth of construction and electronics sector, the U.S. has highest consumption of ATH flame retardants. The reason for increase in the use of ATH flame retardant is due to prohibition of using halogenated flame retardants as they are toxic to the environment and also, ATH flame retardants are cost effective. Increase in urbanization and rapid development of infrastructure has raised the need for fire safety in day to day life which has increased the sale of ATH flame retardant. Request Sample What are Flame Retardants? Flame retardants are substances/ chemicals that are used to prevent fires from starting or to slow the spread of fire. Flame retardants have the ability to hamper the igniting power of materials used in many consumer and industrial products. Alumina trihydrate (ATH) is the most wi...