Press Release

India Flame Retardants Market to Grow with a CAGR of 4.25% through 2030

Increasing Awareness of Fire Safety is expected to drive the India Flame Retardants Market growth in the forecast period, 2026-2030.


According to TechSci Research report, “India Flame Retardants Market- By Region, Competition, Forecast and Opportunities, 2020-2030”, the India Flame Retardants Market was valued at USD 613.25 Million in 2024 and is anticipated to grow with a CAGR of 4.25% through 2030. Public awareness of fire hazards and fire safety has significantly increased. As consumers become more aware of the risks associated with fires, there is a growing demand for products that offer enhanced safety features. This shift is particularly evident in the increasing preference for flame-retardant-treated textiles, such as upholstery and curtains, as well as in electronics and appliances. Manufacturers are responding to this demand by incorporating flame retardants into their products to meet consumer expectations and ensure safety. According to the National Crime Records Bureau, over 60 people die every day in India due to fires, with approximately 25,000 fire-related deaths annually. Women account for about 66% of these fatalities, and fires represent around 6% of all deaths from natural and unnatural causes. These alarming statistics underscore the critical need for improved fire safety measures.

In response, stricter fire safety regulations and building codes are being enforced. The National Building Code of India (NBC) 2016 includes comprehensive guidelines for fire safety, focusing on fire-resistant construction materials and practices. This includes requirements for fire resistance ratings of structural elements, fire doors, fire-resistant glazing, and fire dampers. The insurance industry also drives the adoption of flame retardants, as insurers increasingly require these materials to qualify for coverage. This creates an additional incentive for property owners and businesses to use flame retardants to mitigate risk and comply with insurance criteria. These factors collectively contribute to the increasing demand for flame retardants in India, as they play a crucial role in enhancing safety and preventing fire hazards in a rapidly developing and safety-conscious market.


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The India Flame Retardants Market is segmented into type, application, end user, regional distribution, and company.

Based on the Application, the Polyolefins emerged as the dominating segment in the Indian market for Flame Retardants in 2024. Polyolefins, including polyethylene (PE) and polypropylene (PP), are extensively used across various sectors such as automotive, construction, packaging, and consumer goods. This wide applicability generates significant demand for flame retardants to meet fire safety and compliance requirements. In industries like construction and automotive, polyolefins are required to adhere to strict fire safety standards, prompting the need for flame retardants to improve fire resistance and ensure safety. Polyolefins are prized for their versatility and performance, offering properties like flexibility, durability, and chemical resistance. Incorporating flame retardants helps these materials comply with safety regulations while preserving their essential qualities. Additionally, flame retardants for polyolefins are often cost-effective, making them a preferred choice for various applications. The growing use of polyolefins in advanced insulation, automotive parts, and high-performance packaging further fuels the demand for flame retardants.

Based on the region, the West India emerged as the fastest growing region in the Indian Flame Retardants market during the forecast period. The West region of India, encompassing states like Maharashtra and Gujarat, is a key industrial hub with robust manufacturing operations. Major cities such as Mumbai and Pune serve as central hubs for industries like automotive, construction, and electronics, which drive significant demand for flame retardants. The region is undergoing substantial infrastructure development, including extensive construction projects, commercial buildings, and urban expansion. This surge in infrastructure activities has increased the need for flame retardants in building materials to ensure compliance with fire safety standards. Government initiatives and policies have further bolstered the flame retardants market in the West. Industrial development schemes and infrastructure projects are creating a supportive environment for market growth. Additionally, major ports such as Mumbai and Kandla facilitate the import and export of flame-retardant materials, enhancing their availability and distribution. Technological advancements in the region also contribute to its market leadership. The West is recognized for innovations in flame retardant technologies, which improve performance and application. Overall, the combination of industrial concentration, infrastructure development, supportive government policies, and technological progress makes the West region the fastest-growing segment in India’s flame retardants market.


Major companies operating in India Flame Retardants Market are:

  • Clariant Chemicals India Ltd
  • LANXESS India
  • Hindalco Industries Limited
  • KPL International Limited
  • Acuro Organics Limited
  • Nano Tech Chemical Brothers Pvt. Ltd.
  • Niknam Chemicals Private Limited
  • Tashi Organics LLP
  • Shakun Polymers Private Limited
  • Albemarle Corporation


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“As urban living spaces evolve, the incorporation of flame retardants in furniture is becoming increasingly crucial for ensuring fire safety in residential and commercial environments. This trend reflects a broader market shift toward sustainable and effective fire protection solutions. The demand for flame retardants is driven by innovations that combine superior safety with performance and environmental responsibility. As regulations tighten and consumer awareness grows, the market for flame retardants in furniture is expanding, emphasizing the importance of advanced materials that meet stringent safety standards while supporting green building practices,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

India Flame Retardants Market By Type (Halogenated based, Non-halogenated based, Nitrogen-based, Phosphorous-based), By Application (Polyolefins, Epoxy Resins, PVC, Rubber, Others), By End User (Building & Construction, Electronic & Appliances, Automotive, Electrical & Electronics, Adhesives & Sealants, Others), By Region, Competition, Forecast and Opportunities, 2020-2030”, has evaluated the future growth potential of India Flame Retardants Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Flame Retardants Market.

 

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