Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 395.55 Million | USD 564.24 Million | 4.54% | 2022 |
The global Decabromodiphenyl Ether Market size was worth around USD 395.55 Million in 2022 and is predicted to grow to around USD 564.24 Million by 2030 with a compound annual growth rate (CAGR) of roughly 4.54% between 2023 and 2030.
Decabromodiphenyl ether is also known as decaBDE. Key factor increasing the popularity of decabromodiphenyl ether market is the growing demand for high-performance chemicals that are apt for every industrial and commercial application. Decabromodiphenyl ether comes under the class of brominated flame retardants; these chemicals when added to textiles, plastics, and other materials impede combustibility.
The demand for decabromodiphenyl ether is stimulated owing to the increased demand for high-performance chemicals in end-use industries such as construction, electric and electronics, and plastics. The properties of decabromodiphenyl ether such as long-term ignition resistance and increased effectiveness have increased its application across several industrial verticals. In the construction sector, the product is used for insulation and wiring purposes. The product demand has increased particularly in the electronics and plastic industries. Decabromodiphenyl ether delays the process of combustion thus delays spreading of fire; hence it is used majorly in the electrical equipment. Increase in the sales of the electronic equipment in the coming years will increase the decabromodiphenyl ether business.
Decabromodiphenyl ether is highly toxic, thus the manufacturers are looking out for alternatives, thus limiting the market growth in the coming years.
The market segmentation of decabromodiphenyl ether includes its purity, material, and by end-use. Purity segment is bifurcated into 83% and 97% purity. On the basis of material, the global market is categorized polyvinylchloride, polyurethane, polyolefins, ABS, and polypropylene. Decabromodiphenyl ether is used in industries such as wires & cables, building & construction wires, building & construction pipes, furniture upholstery, mattress, electrical & electronic products, computer & TV, electric insulation, textiles, and military tents.
Major countries contributing to the North American decabromodiphenyl ether market are Mexico, Canada, and the U.S. Primary factor being the increasing demand of textile business in the region. Decabromodiphenyl ether is majorly used in applications such as manufacturing of mattresses and furniture upholstery. Factors such as changing lifestyle, increasing disposable income, the rising purchasing power of the consumers, and growing interests in household furnishing contribute majorly to the market expansion in North America.
The European decabromodiphenyl ether market is driven by countries such as France, Germany, and the UK. Increased application of decabromodiphenyl ether in the aviation and automotive sectors has increased the product demand in the region. In the automotive sector, decabromodiphenyl ether is used in battery cases, engine controls, instrument panels, trays, and electrical connectors owing to its characteristics such as high strength and flame retardant. In the aircraft, parts such as interior panels, seat coverings, cables, and structural composites use decabromodiphenyl ether for fire resistance.
Good market development is expected in the Asia Pacific region in the upcoming years. Rapid urbanization and an increase in residential and commercial structures contribute to the growth of the market. The product is used in the roofing materials, foamed polyolefins, and insulation material.
Report Attributes | Report Details |
---|---|
Report Name | Decabromodiphenyl Ether Market Size Report |
Market Size in 2022 | USD 395.55 Million |
Market Forecast in 2030 | USD 564.24 Million |
Growth Rate | CAGR of 4.54% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | TOSOH Corporation, SULI Co. Ltd., Toronto Research Chemicals, Wingar Fengtai Chemical, Shandong Haiwang Chemical Co. Ltd., Avanschem, ICL-IP Europe, UNIBROM Corp., Shouguang Weidong Chemical, Shanghai Xusen Non-Halogen Smoke Suppressing Fire Retardants Co., Ltd., Acuro, and AccuStandard. |
Segments Covered | By Purity, By Material, By End-use and By region. |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The prominent industry players in the global decabromodiphenyl ether market include -
By Purity:
By Coating:
By End-use:
What Reports Provides
FrequentlyAsked Questions
Decabromodiphenyl Ether Market size was worth around USD 395.55 Million in 2022 and is predicted to grow to around USD 564.24 Million by 2030
(CAGR) of roughly 4.54% between 2023 and 2030.
The largest share of the Decabromodiphenyl Ether Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
TOSOH Corporation, SULI Co. Ltd., Toronto Research Chemicals, Wingar Fengtai Chemical, Shandong Haiwang Chemical Co. Ltd., Avanschem, ICL-IP Europe, UNIBROM Corp., Shouguang Weidong Chemical, Shanghai Xusen Non-Halogen Smoke Suppressing Fire Retardants Co., Ltd., Acuro, and AccuStandard.
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