The latest research report from Freedonia Consulting shows that the global market demand for flame retardants will grow at an average annual rate of 4.8% in the next five years, and the demand will reach 2.2 million tons by 2009; And the market value will grow at an average annual rate of 8.5%. High value special flame retardants such as bromine compounds, phosphorus compounds, antimony compounds, and manganese compounds will continue to occupy a larger market share, while the growth rate of demand for aluminum compounds will slow down. Chlorinated flame retardants have the smallest growth rate.

Freedonia also pointed out that increasingly strict environmental regulations have had a significant negative impact on the European and American markets for flame retardants containing chlorine, fluorine, and bromine. In the coming years, the average annual growth rate of flame retardant demand in the Western European market is expected to be 3%, and by 2009, the demand will reach 505000 tons; The average annual growth rate of flame retardant demand in the North American market is expected to be 3.4%, and the demand will reach 715000 tons by 2009. For developing countries, their domestic markets are less restricted by environmental regulations and have almost no impact, with the export market having a greater impact. Freedonia's report predicts that the demand for flame retardants in the Asia Pacific market will grow at an average annual rate of 7% over the next five years, reaching 810000 tons by 2009, surpassing North America as the world's largest flame retardant consumer market.

The main manufacturers of flame retardants in the world market, Albemarle, Chemtura, and ICL, have also raised prices in recent weeks to alleviate the contradiction of rising costs. ICL announced a 15% -30% price increase from October 15th, including tetrabromobisphenol A and decabromodiphenyl oxide. Albemarle and Chemtura increased their bromine production by 40% starting from October 1st.