What is Global Decabromodiphenyl Ethane Market?
The Global Decabromodiphenyl Ethane Market is a specialized and in-depth study of the chemical industry with a special focus on the global market trend analysis. Decabromodiphenyl Ethane, also known as DBDPE, is a wide-ranging brominated flame retardant. The compound is primarily used in thermoplastics, thermosetting plastics, and styrenic polymers. It is a high molecular weight brominated flame retardant used in a wide range of applications to enhance the fire safety characteristics of products. The global market for Decabromodiphenyl Ethane is growing due to its increasing demand in various industries such as electronics, textiles, and construction. The market is driven by the growing demand for flame retardant products in various end-use industries. However, the market faces challenges such as stringent environmental regulations and health hazards associated with the use of Decabromodiphenyl Ethane. Despite these challenges, the market is expected to grow due to the increasing demand for flame retardant products in emerging economies.
Bromine Method Preparation, Dichloroethane Solvent Method Preparation, Others in the Global Decabromodiphenyl Ethane Market:
The Global Decabromodiphenyl Ethane Market is segmented based on the method of preparation into Bromine Method Preparation, Dichloroethane Solvent Method Preparation, and Others. The Bromine Method Preparation involves the reaction of bromine with diphenyl ethane in the presence of a catalyst. This method is widely used due to its high yield and low cost. The Dichloroethane Solvent Method Preparation involves the reaction of dichloroethane with bromine in the presence of a catalyst. This method is used when a high purity product is required. The other methods of preparation include the reaction of diphenyl ethane with other brominating agents. The choice of preparation method depends on the required purity and yield of the product. The market for each method of preparation is driven by its advantages and disadvantages.
Styrenic Polymers, Thermoplastic, Thermosetting Plastics, Others in the Global Decabromodiphenyl Ethane Market:
The Global Decabromodiphenyl Ethane Market finds its application in various areas such as Styrenic Polymers, Thermoplastic, Thermosetting Plastics, and Others. In Styrenic Polymers, Decabromodiphenyl Ethane is used as a flame retardant to enhance the fire safety characteristics of the products. In Thermoplastics, it is used to improve the flame resistance of the products. In Thermosetting Plastics, Decabromodiphenyl Ethane is used to enhance the thermal stability of the products. The other applications of Decabromodiphenyl Ethane include its use in textiles, electronics, and construction materials. The market for each application is driven by the demand for flame retardant products in the respective industries.
Global Decabromodiphenyl Ethane Market Outlook:
The Global Decabromodiphenyl Ethane Market is expected to witness significant growth in the coming years. In 2022, the market was valued at US$ 963.3 million and is projected to reach US$ 1333.6 million by 2029, growing at a CAGR of 4.7% during the forecast period of 2023-2029. The market is dominated by key players such as Albemarle, ICL Industrial Products, Chemtura, Weidong Chemical, and Suli Chemical, which collectively hold about 50% of the market share. These companies have a strong foothold in the market due to their extensive product portfolios, strong distribution networks, and significant investments in research and development activities.
| Report Metric | Details |
| Report Name | Decabromodiphenyl Ethane Market |
| Accounted market size in 2022 | US$ 963.3 million |
| Forecasted market size in 2029 | US$ 1333.6 million |
| CAGR | 4.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Albemarle, ICL Industrial Products, Chemtura, Weidong Chemical, Suli Chemical, Haiwang Chem, Tianyi Chem, Unibrom Corp, Runke, Oceanchem Group, Novista, Luyuan Salt Chemical, Hongkun Group, Shandong Brother |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
