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
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