The market prospects for organophosphorus-based flame retardants are promising.

The market prospects for organophosphorus-based flame retardants are promising.

Organophosphorus flame retardants have garnered significant attention in the field of flame retardant science due to their low-halogen or halogen-free characteristics, exhibiting robust growth in recent years. Data shows that the market size of organophosphorus flame retardants in China increased from 1.28 billion yuan in 2015 to 3.405 billion yuan in 2023, with a compound annual growth rate (CAGR) of 13.01%. Currently, the development of environmentally friendly, low-toxicity, high-efficiency, and multifunctional flame retardants to replace halogenated flame retardants has become a key trend in the industry’s future. Organophosphorus flame retardants, being low-halogen or halogen-free, produce less smoke, generate fewer toxic and corrosive gases, and exhibit high flame retardant efficiency, along with excellent compatibility with polymer materials, making them a promising direction for composite flame retardants. Moreover, materials incorporating organophosphorus flame retardants demonstrate better recyclability compared to those with halogenated flame retardants, classifying them as eco-friendly flame retardants. From the current overall development trend, organophosphorus flame retardants are one of the most viable and promising alternatives to halogenated flame retardants, attracting considerable attention in the industry and boasting strong market prospects.