The global demand for TCPP Flame Retardant Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Tris (1-chloro-2-propyl) phosphate (TCPP) is a chlorinated organophosphate used as a flame retardant in consumer products, home insulation, and electronics. These are added to combustible materials to prevent fires from the ignition or suppress the spread of fire and provide additional escape time. It is produced from phosphorous oxytrichloride and propylene oxide in the presence of a catalyst.
Stringent safety and flammability standards and the increasing use of plastic products instead of less-flammable materials contribute to the growing demand for TCPP as a flame retardant. Demand for TCPP will remain healthy, supported by its superior performance and environmentally friendly formulations. Faster gains are expected from developing nations of Asia Pacific. However, TCPP is currently under review by the Environmental Protection Agency (EPA), and in 2016 the Washington State Legislature passed a law directing state agencies to assess the compound for possible restrictions, which is likely to restrain its consumption.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of TCPP flame retardant.
The entire TCPP flame retardant market has been sub-categorized into classifications and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Endothermic Degradation
- Dilution of Gas Phase
- Gas Phase Radical Quenching
- Thermal Shielding
- Polyurethane Foam
- Engineering Plastic
This section covers regional segmentation which accentuates on current and future demand for TCPP flame retardant market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe TCPP Flame Retardant Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the TCPP flame retardant market include ICL, Albemarle, Lanxess, DAIHACHI, Jiangsu Yoke Technology, Zhejiang Wansheng, Taizhou Xin’an retardant Materials, TRCI, Futong Chemical, Jiangsu Firex Chemical, Yangzhou Chenhua New Materials, Zhejiang Honghao Technology. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.