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Global Tetrabromobisphenol A Market Report to 2028 - Featuring Albemarle, ICL and Jordan Bromine Among Others
Global Tetrabromobisphenol A Market
Dublin, June 17, 2022 (GLOBE NEWSWIRE) -- The "Tetrabromobisphenol A Market, by Product Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
Tetrabromobisphenol A (TBBPA) is a brominated flame retardant used in 90% of epoxy-coated circuit boards. Tetrabromobisphenol A is used as an intermediate in epoxy resins as a reactive brominated flame retardant. This epoxy resins is used for the manufacturing of printed circuit boards. Moreover, epoxy resins containing TBBPA are used to encapsulate certain electronic components such as refrigerators, business machines and telephones.
Market Dynamics
Growth of medical devices market is expected to drive demand for printed circuit boards, which in turn is expected to drive demand for TBBPA. For instance, according to MedTech Europe (the European trade association representing the medical technology industries), the European medical devices market was valued at US$ 171.9 billion in 2020. The European medical devices market grew by 8.5% in 2020 from the previous year. The biggest medical device markets in Europe include Germany, France, the U.K., Italy, and Spain.
TBBPA is used as a plastic additive and used in manufacturing of engineering plastics. TBBPA is generally used with antimony oxide for optimum performance as an additive fire retardant in engineering plastics such as ABS (Acrylonitrile butadiene styrene) and HIPS (High Impact Polystyrene). Moreover, derivatives of TBBPA are used as an additive in other engineering thermoplastics such as polybutylene terephthalate (PBT) and polyethylene terephthalate (PET). These plastics are used in electrical and electronics industry for manufacturing casings, switches, connectors, and other plastic parts. Engineering plastic is used across the electronic industry due to its high resistance to various environmental factors such as chemicals, high temperature, and abrasion. This makes it an ideal material for manufacturing of consumer electronic goods.
Stringent regulations on the use of brominated flame retardants are expected to drive demand for non-halogenated flame retardants, which is expected to hamper the market growth. For instance, in January 2020, the California state government banned the sales and distribution of new upholstered furniture, replacement components of reupholstered furniture, foam in mattresses, and certain children's products made for residential use if these products contain more than 0.1% of certain flame retardants, including TBBPA.
Key features of the study:
This report provides an in-depth analysis of the global tetrabromobisphenol A (TBBPA) Market, its market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new material type launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global tetrabromobisphenol A (TBBPA) Market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global tetrabromobisphenol A (TBBPA) Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tetrabromobisphenol A (TBBPA) Market
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Tetrabromobisphenol A (TBBPA) Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Tetrabromobisphenol A (TBBPA) Market - COVID-19
Impact Analysis
5. Global Tetrabromobisphenol A (TBBPA) Market, By Product Type, 2017-2028 (US$ Mn)
Introduction
Market Share Analysis, 2020, 2023, and 2028 (%)
Y-o-Y Growth Analysis, 2021 - 2028
Segment Trends
Industrial Grade
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
Experimental Grade
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
6. Global Tetrabromobisphenol A (TBBPA) Market, By Application, 2017-2028 (US$ Mn)
Introduction
Market Share Analysis, 2020, 2023, and 2028 (%)
Y-o-Y Growth Analysis, 2021 - 2028
Segment Trends
Flame Retardant
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
Plastic Additives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
Others (plasticizer, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn)
7. Global Tetrabromobisphenol A (TBBPA) Market, By Region, 2017-2028 (US$ Mn)
8. Competitive Landscape
Market Share Analysis
Company Profiles
Albemarle Corporation
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Greenchemicals S.r.l.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
ICL
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Jordan Bromine Company
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Kingboard Holdings Limited
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
LANXESS
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Novel Chem
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Shandong Brother Sci. & Tech. Co., Ltd.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Shandong Futong Chemical Co., Ltd.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Tianjin Changlu Hangu Saltern Co., Ltd.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
9. Section
For more information about this report visit https://www.researchandmarkets.com/r/m1vx8f
Attachment
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