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TBBPA stands for tetrabromobisphenol A, which is a brominated flame retardant. Although commercial samples appear yellow, the chemical is a white solid (not colorless). It is among the most widely used fire extinguishers. TBBPA is produced when bromine reacts with Bisphenol A. Most commercial TBBPA products consist of a mixture of different bromination concentrations. TBBPA is mostly used as a reactive component of polymers, which means it is incorporated into the polymer backbone. It is used to make fire-resistant polycarbonates by substituting bisphenol A. Moreover, TBBPA is widely used as a chemical intermediate in the manufacture of epoxy resin for laminates used in printed circuit boards. It is also used in electrical and electronic products, as well as plastic and rubber.

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.

Drivers:

Increasing demand for printed circuit boards from various industries such as electronics, consumer electronics, medical devices, aerospace, and automotive among others is expected to drive demand for TBBPA during the forecast period. Tetrabromobisphenol A (TBBPA) is widely used as a reactive brominated flame retardant in epoxy, polycarbonate, and phenolic resins in printed circuit boards. According to Consumer Technology Association (U.S. based trade organization), the total U.S. consumer technology accessories market (including video, audio, imaging, wireless phone, video game, and computing accessories) was valued at US$ 10.70 billion in 2018 and was estimated to reach US$ 12.40 billion in 2021 at a CAGR of 4%.

Increasing disposable income of the population in emerging economies such as India and Brazil is expected to drive demand for consumer electronic products in these countries. For instance, according to the India Brand Equity Foundation (IBEF), in 2015, per capita income in India was US$ 1,000 in 2015, which increased to US$ 1,301 in 2019.

Among Regions, Asia Pacific held a dominant position in the global tetrabromobisphenol A (TBBPA) Market in 2020, accounting for 35.50% market revenue share, followed by North America and Europe.

The Asia Pacific is expected to remain one of the world's largest and fastest-growing electronics marketplace. According to Coherent Market Insights In the coming years, large and developed markets such as China, India, Japan, and South Korea are expected to grow even faster. Much of the TBBPA demand in the Asia Pacific region is witnessed in China. According to World Economic Forum, in 2019, China exported more than 40% of all electronic items, such as computers and smartphones, globally. China is a major source of low-cost consumer goods, particularly electronics.

Figure 1. Global Tetrabromobisphenol A (TBBPA) Market Revenue Share (%), By Region, 2024

Tetrabromobisphenol A Market Regional Insights

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Market Restraints

The increasing demand for non-halogenated flame retardants is expected to hamper the market growth of tetrabromobisphenol A during the forecast period. Non-halogenated flame retardants are preferred over brominated flame retardants as they lack halogens, enhance efficiency, ensure safety, and non-halogenated flame retardants are also recyclable and release less smoke during disposal. According to Coherent Market Insights Analysis, the global non-halogenated flame retardants market is projected to surpass US$ 5.0 billion by the end of 2027, in terms of revenue, exhibiting a CAGR of 6.4% between 2019 and 2027.

Tetrabromobisphenol A (TBBPA) Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2024: US$ 1.26 Bn
Historical Data for: 2019 to 2023 Forecast Period: 2024 to 2031
Forecast Period 2024 to 2031 CAGR: 5.1% 2031 Value Projection: US$ 1.79 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
  • Middle East & Africa: Middle East & Africa
Segments covered:
  • By Product Type: Industrial Grade and  Experimental Grade
  • By Application: Flame Retardant, Plastic Additives and Others (plasticizer, etc.)
Companies covered:

Albemarle Corporation, Greenchemicals S.r.l., ICL, Jordan Bromine Company, Kingboard Holdings Limited, LANXESS, Novel Chem, Shandong Brother Sci. & Tech. Co., Ltd., Shandong Futong Chemical Co., Ltd. and Tianjin Changlu Hangu Saltern Co., Ltd.

Growth Drivers:
  • Increasing demand for printed circuit boards
  • Increasing disposable income of population in emerging economies
Restraints & Challenges:
  • Increasing demand for non-halogenated flame retardants

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

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Global Tetrabromobisphenol A (TBBPA) Market - Impact of Coronavirus (COVID-19) Pandemic

The coronavirus pandemic has adversely affected the chemical industry globally. Chemical manufacturers had to reduce their capital and operational expenditure due to the crisis. The operating capacity had to be reduced due to labor shortages and disruptions in the supply of raw material. According to the National Bureau of Statistics of China, the chemical manufacturing in China slumped by around 20% in 2020, compared to 2019, while profits declined by 66%. Tetrabromobisphenol A (TBBPA) is widely used as a reactive brominated flame retardant in epoxy, polycarbonate, and phenolic resins. COVID-19 pandemic has resulted in unprecedented decline in the sales of automotive and consumer electronics and white good products such as refrigerators, air conditioners, etc. This decline has in turn reflected in the revenue of the polymers and resins industry. This is expected to negatively impact the demand for TBBPA from the polymer & resin industry. The flame retardants are used in manufacturing of printed circuit boards. The pandemic has disrupted the printed circuit board supply chain, causing shortages.

Key Developments:

  • In April 2024, the European Food Safety Authority (EFSA) initiated a public consultation on the risk assessment of tetrabromobisphenol A (TBBPA) in food. This consultation aimed to gather scientific opinions and data from stakeholders, including industry, academia, and regulatory bodies, to inform the agency's assessment of the potential risks associated with TBBPA in the food chain.

*Definition: Tetrabromobisphenol A (TBBPA) is a synthetic chemical compound that is used as a flame retardant in various applications, including electronics, textiles, and building materials. It is a derivative of bisphenol A (BPA), a well-known endocrine disruptor. TBBPA is used to reduce the flammability of materials by inhibiting the spread of fire and preventing the ignition of materials.

Competitive Section

Major players operating in the Global Tetrabromobisphenol A (TBBPA) Market include Albemarle Corporation, Greenchemicals S.r.l., ICL, Jordan Bromine Company, Kingboard Holdings Limited, LANXESS, Novel Chem, Shandong Brother Sci. & Tech. Co., Ltd., Shandong Futong Chemical Co., Ltd. and Tianjin Changlu Hangu Saltern Co., Ltd.

Market Segmentation:

  • Product Type Insights (Revenue, USD Bn, 2019 - 2031)
    • Industrial Grade
    • Experimental Grade
  •  Application Insights (Revenue, USD Bn, 2019 - 2031)
    • Flame Retardant
    • Plastic Additives
    • Others (Plasticizer, etc.)
  • Regional Insights (Revenue, USD Bn, 2019 - 2031)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Israel
      • Rest of Middle East & Africa
  • Key Players Insights
    • Albemarle Corporation
    • Greenchemicals S.r.l.
    • ICL
    • Jordan Bromine Company
    • Kingboard Holdings Limited
    • LANXESS
    • Novel Chem
    • Shandong Brother Sci. & Tech. Co., Ltd.
    • Shandong Futong Chemical Co., Ltd.
    • Tianjin Changlu Hangu Saltern Co., Ltd.
    • MERU CHEM PVT. LTD
    • Ottokemi
    • Shandong Haiwang Chemical Co., Ltd
    • Evergreensino Chemical Co.,Ltd

Frequently Asked Questions

The CAGR of global tetrabromobisphenol A market is projected to be 5.1% from 2024 to 2031.

Increasing demand for printed circuit boards form various industries such as electronics, consumer electronics, medical devices, aerospace, and automotive is expected to drive the market growth.

Increasing demand for non-halogenated flame retardants is expected to hamper the growth of the market.

In terms of product type, industrial grade segment is estimated to dominate the market in 2024.

Albemarle Corporation, Greenchemicals S.r.l., ICL, Jordan Bromine Company, Kingboard Holdings Limited, LANXESS, Novel Chem, Shandong Brother Sci. & Tech. Co., Ltd., Shandong Futong Chemical Co., Ltd., Tianjin Changlu Hangu Saltern Co., Ltd., MERU CHEM PVT. LTD, Ottokemi, Shandong Haiwang Chemical Co., Ltd, Evergreensino Chemical Co.,Ltd  are the major players.

Asia Pacific is expected to lead the global tetrabromobisphenol A market.

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