The organophosphorus-based flame retardants market is a prominent segment of the chemicals and materials industry. This industry deals in the manufacturing and distribution of flame retardants derived from organic phosphorus. OPFRs are considered safe alternatives to polybrominated biphenyl ether (PBDE) flame retardants that are dangerous to the environment. The technological advancements in flame retardant technologies have boosted the market expansion. This market is expected to rise significantly with the growth of the specialty chemicals industry across the world.
The strict fire safety regulations by the governments of several countries such as India, China, the U.S., the UK, and some others, along with rising demand for eco-friendly flame retardant solutions, have boosted the market growth. Also, the growing use of halogenated flame retardants coupled with the rising application of flame retardants in polyurethane, polyvinyl chloride, engineering thermoplastics, and some others is crucial for the market growth. Moreover, the increased use of these flame retardants in several end-user industries such as transportation, electricity and electronics, buildings, construction, and some others is projected to drive the growth of the organophosphorus-based flame retardants market. The development of organic phosphorus flame retardants for the textiles sector, along with a rising emphasis on sustainable production methods, is expected to create opportunities for market players in the upcoming years.
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