Product Code: CMI5013
Global Tetrabromobisphenol A market is estimated to be valued at USD 1.26 Bn in 2024 and is expected to reach USD 1.79 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
Figure 1. Tetrabromobisphenol A Market Share (%), By Region, 2024
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$ Bn), and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 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
Detailed Segmentation:
- By Product Type:
- Industrial Grade
- Experimental Grade
- By Application:
- Flame Retardant
- Plastic Additives
- Others (plasticizer, etc.)
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Albemarle Corporation
- Greenchemicals S.r.l.
- ICL
- Jordan Bromine Company
- Kingboard Holdings Limited
- LANXESS
- Novel Chem
- Shandong Brother Sci. & Tech. Co., Ltd.
- Shandong Futong Chemical Co., Ltd.
- Tianjin Changlu Hangu Saltern Co., Ltd.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Porter's Analysis
- Industry Trends
- Key Highlights
- Epidemiology
- Reimbursement Scenario
- Regulatory Scenario
- Product Launch and Approvals
- Acquisition and Collaboration Scenario
4. Global Tetrabromobisphenol A Market- Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 impact on the market
5. Global Tetrabromobisphenol A Market, By Product Type, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Industrial Grade
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Experimental Grade
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Tetrabromobisphenol A Market, By Application, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Flame Retardant
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Plastic Additives
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others (Plasticizer, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Tetrabromobisphenol A Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- GCC
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Company Profiles
- Albemarle Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Greenchemicals S.r.l.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- ICL
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Jordan Bromine Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Kingboard Holdings Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- LANXESS
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Novel Chem
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Shandong Brother Sci. & Tech. Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Shandong Futong Chemical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Tianjin Changlu Hangu Saltern Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- MERU CHEM PVT. LTD
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Ottokemi
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Shandong Haiwang Chemical Co., Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Evergreensino Chemical Co.,Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact