According to the latest market research study published by P&S Intelligence, the size of the flame retardants market was $7,565.1 million in 2021. This figure will increase to $12,028.4 million by 2030, at a growth rate of above 5% during this decade. This has a lot to do with technological advancements, increasing research and development activities, and growing end-use industries. Furthermore, the increasing stringency of the regulations on fire safety in different nations propels the growth of the market.
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