Global
Phenoxycycloposphaze
ne Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Report
Description
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In recent decades, consumer market has grown manifolds, giving impetus to the rise in
demand for raw materials, especially chemicals. One such chemical that is witnessing
surge in demand is phenoxycycloposphazene. It is a while crystalline compound having
molecular weight of 693.5. Its high melting point of 115 centigrade makes it good
chemical for flame retardants across wide variety of applications ranging from epoxy
resins to copper clad laminate and powder paints.
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Phenoxycycloposphazene Market: Drivers & Restraints
Phenoxycycloposphazene market is witnessing unprecedented growth due to its demand
as raw material in epoxy resins and electronics market. Epoxy, due to its versatile nature,
has carved its image into industrial applications. From paint industry to construction of
aircrafts and automobiles, epoxy has touched every corner of industrial usage. The epoxy
resin industry has seen robust growth after the economic turmoil of 21st century. This
billion dollar industry is expected to grow at a CAGR of around 7%, which in turn is
expected to be the major driving force for the phenoxycycloposphazene market. Other
driving factors that contribute to the growth of phenoxycycloposphazene is its end-use
applications in construction, electronics and consumer segment. Its cost-effective nature
as compared to other alternative products makes it popular among chemical industry.
Though the market seems optimistic in coming years, shifting trends towards green
chemicals along with stringent regulatory compliances in developed economies could
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