Prof Research published a new market report on the flame retardant market. It presents the largest 16 manufacturers in the flame retardant market. The report is a professional and in-depth study of the current state of the global flame retardant market. The report provides key statistics on the market for flame retardant. It is a valuable source of guidance and direction for companies and individuals interested in the flame retardant industry.

The global flame retardant market was valued to be 8,480.27 million USD in 2021. The flame retardant production value is anticipated to have grown with a CAGR of 1.14% in the coming years to reach 9,075.46 million USD in 2027.

LANXESS is the largest manufacturer of flame retardant in the world, and it has a market share of 10.6% in value. LANXESS AG is a Germany-based company engaged in the chemicals sector. It specializes in the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Its business activities are divided into four segments: Specialty Additives, Advanced Intermediates, Performance Chemicals, and Engineering Materials.

Albemarle is the second largest manufacturer of flame retardant in the world, and it has a market share of 7.2% in value. Albemarle Corporation is a developer, manufacturer and marketer of specialty chemicals. It operates through three segments: Lithium segment, Bromine segment, and Catalysts segment.

ICL is the third largest manufacturer of flame retardant in the world, and it has a market share of 6.4% in value. ICL Group Ltd, formerly known as Israel Chemicals Ltd, is an Israel-based company, which is engaged in the fertilizer and specialty chemical sectors. The Company operates in three segments: Fertilizers, Industrial Products, and Performance Products.

Zhejiang Wansheng is the fourth largest manufacturer of flame retardant in the world, and it has a market share of 6.1% in value. Zhejiang Wansheng Co.,Ltd is a China-based company principally engaged in the research, development, production and sale of organophosphorus flame retardants.