Tetrabromobisphenol A Market, By Product Type (Industrial Grade and Industrial Grade), By Application (Flame Retardant, Plastic Additives, and Others), And by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Published In : Jun 2024

Code : CMI5013

Pages :140

Formats :

Excel and PDF

Industry : Specialty and Fine Chemicals

Tetrabromobisphenol A MarketSize and Trends

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.

Market Trends

Rigid-flex printed circuit boards are the combination of hardboard and flexible circuits used for various applications such as consumer electronics, medical devices, etc. Various advantages offered by rigid-flex PCBs are expected to drive its demand during the forecast period. The increasing demand for rigid-flex PCB is expected to drive demand for TBBPA flame retardants.

Among product type, the Industrial Grade segment held a dominant position in the global tetrabromobisphenol A (TBBPA) Market in 2020, accounting for 79.8% of market share.

Industrial grade tetrabromobisphenol A (TBBPA) is a flame retardant that is widely utilized in the electrical and electronics industries. Tetrabromobisphenol A (TBBPA) is a bromine derivative of bisphenol A, and it is an important substance among various Bromo compounds. TBBPA accounts for one-third of all bromine-based flame retardants due to its great stability and effectiveness as an additive and as a reactive agent.

Figure 2. Global Tetrabromobisphenol A (TBBPA) Market Revenue Share (%), Product Type, 2024

Tetrabromobisphenol A Market By Product Type