DUBLIN--(BUSINESS WIRE )--The "North America Flame Retardant Thermoplastics Market Size, Share & Trends Analysis By Product (Polycarbonate, Polypropylene, Polystyrene), By Application (Electronics, Automotive, Construction, Industrial), And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The North America flame retardant thermoplastics market size is expected to reach USD 5.6 billion by 2030, registering a CAGR of 4.8%,
Developments in the electrical & electronics and automotive & transportation industry is likely to drive the demand for thermoplastics in these application segments. Increasing use of environment-friendly and energy-saving products is also expected to influence the market, positively.
Building & construction industry in Canada is witnessing lucrative growth opportunities. Low cost involved in facility set up and availability of labor at low cost in comparison with that of the U.S. are the factors that are attracting the attention of manufacturers to set up their plants in Canada. In addition, investments by the government of Canada in infrastructure development are also anticipated to boost the growth of the construction industry in the country, thereby, creating a high demand during the forecast period.
Flame retardant thermoplastics are finding increased utilization in the building & construction industry for commercial & industrial applications. The construction industry in the U.S. is expected to observe growth owing to new import tariffs, changing trade deals, a strong economy, proliferation of mega projects, focus on smart cities, and increasing household construction.
The electrical & electronics industry in the U.S. is growing on account of increasing demand for electronics equipment from the gaming industry, which is expected to drive the market.
North America Flame Retardant Thermoplastics Market Report Highlights
For more information about this report visit https://www.researchandmarkets.com/r/o3231u
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900