The Resin is an organic substance and insoluble in water. There are several resins used for the different industrial application such as, polymer, paints & coatings, etc. Some of the resin are inflammable and known as fire resins or flame retardant resins. The only basis element that separates fire resins from other resins are the flame retardant technologies is used to minimize the fire hazards. The key application of the fire resins are to disrupt the fire triangle element for combustion.
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Fire resins work on the mechanism of vapor phase inhibition mechanism in which fire resins are reacted with burning polymer in the vapor phase to disrupt the production of radicals at the molecular base. As per the National Fire Protection Association’s (NFPA) publication in 2016, there were more than thousands of lives lost owing to fire globally. Fire resins have huge opportunity to grow in the market and moderately replace the traditional resins.
Market Segmentation: Fire Resins Market
Fire resins market is segmented on the basis of classification and end use
On the basis of classification,fire resins market is segmented as
Halogenated
Halogen Free
On the basis of resin, fire resins market is segmented as
Phenolic Resin
Polyester Resin
Epoxy Resin
Other
On the basis of composites, fire resins market segmented as
Glass
Carbon
Other
On the basis of end use, fire resins market is segmented as
Residential
Commercial
Industrial
Transportation
Automotive
Fertilizer
Chemicals
Marine
Oil & Gas
Other Industrial
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On the basis of region, the Fire Resins market study contains:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Some of the key players of Fire resins market are the
Ashland Specialty Chemicals
Interplastic Corporation
Polynt Composites Inc
Reichhold Chemical Corporation
The Dow Chemical Company
The Lubrizol Corporation
Chevron Ornite Company
Huntsman Corporation
Sumitomo Bakelite Co., Ltd.
Polynt Composites
Huntsman Corporation
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.