The factors such as increasing the fire safety regulations, growth of the end use industries, increasing use of the FST composite resins in the automotive interiors and in aircraft has been responsible for the growth of the fire, smoke and toxicity retardant (FST) composite resin market during the forecast period. The fire safety regulations in the industries like automotive, manufacturing and transportation have been becoming stringent across the world that is directly leading to the development of the advanced and innovative fire retardant composite resin in the market.
New York, October 2021: Axiom Market Research & Consulting™ added a report on fire, smoke and toxicity retardant (FST) composite resin market which includes study on resin type, application, and geography. The fire, smoke and toxicity retardant (FST) composite resin market was projected to grow at a CAGR of 4.03% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) and volume (KT) generated by the fire, smoke and toxicity retardant (FST) composite resin market.
The report analysis fire, smoke and toxicity retardant (FST) composite resin market based on the resin type, application and Geography. By resin type the fire, smoke and toxicity retardant (FST) composite resin market is segmented into phenolic, polyester, epoxy, thermoplastic, vinyl ester, and others. By application the fire, smoke and toxicity retardant (FST) composite resin market is segmented into building & construction, automotive & transportation, manufacturing, energy, and others. Geographically, the fire, smoke and toxicity retardant (FST) composite resin market is studied in the regions including North America, Europe, Asia-Pacific, and Rest of the World.
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The key players in the fire, smoke and toxicity retardant (FST) composite resin market are Ashland Inc (United States), AOC LLC (United States), BASF SE (Germany), BUFA Composite Systems GmbH & Co. KG (Germany), Hexion Inc (United States), Huntsman International (United States), Mäder (Australia), NORD Composites (France), Polynt S.p.A. (Italy), Reichhold LLC (United States), SABIC (Saudi Arabia) and Scott Bader Company Limited (United Kingdom) among others.
Regional Analysis of Fire, Smoke and Toxicity Retardant (FST) Composite Resin Market
Based on the geography, the fire, smoke and toxicity retardant (FST) composite resin market is studied for the regions including North America, Europe, Asia-Pacific, and Rest of the World. The region of North America held the highest market share and is like going to be dominating the fire, smoke and toxicity retardant (FST) composite resin market during the forecast period. The increased use of the FST composite resin in the transport and aerospace sector along with the United States possessing the biggest manufacturer of aircrafts across the region.
Fire, Smoke and Toxicity Retardant (FST) Composite Market Segmentation Highlights
Research Objectives of Fire, Smoke and Toxicity Retardant (FST) Composite Resin Market Report:
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