China's flame retardant market has seen rapid growth in the last five years aided by favorable economic growth, increasing demand of the end user market, increasing awareness on fire safety issues and numerous other factors.
China's flame retardant market is one of the most attractive flame retardant markets around the world, and establishment and implementation of government regulations and standards are playing a pivotal role in the growth of the market. The current growth levels are expected to continue with more environment-friendly non-halogenated types driving the growth of the market.
Xu Dan, Industry Analyst for the Chemicals, Materials and Food Group of Frost & Sullivan's Asia Pacific reveals that, "China has increasingly become the global production base for electronic products and the main region for consumption of plastics." She declares, "The increase in demand for E&E equipments, as well as the development of Building & Construction, and Automotive industries is driving the growth of flame-retardant market in China."