Global Aluminum
Diethyl Phosphinate Market: Introduction
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Aluminum diethyl phosphinate, also known as
DEPAL, is a halogen-free flame retardant based on diethyl phosphinate. Aluminum
diethyl phosphinate is primarily used in manufacture of flame retardants to
enhance the fire performance of phenolic resin.
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It is an organophosphorus salt, which functions as a flame retardant for
polymeric materials including polyamides, polyesters, and thermoset resins.
Aluminum diethyl phosphinate is manufactured and traded by Clariant AG under
the following trade names: Exolit OP 1230, Exolit OP 1240, Exolit OP 930,
Exolit OP 935, and Exolit OP 945.
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Properties of
Aluminum Diethyl Phosphinate to Drive Market
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Properties of aluminum diethyl phosphinate including high thermal
stability, non-toxicicity, low smoke, and high dispersion ability make it an
ideal material for manufacture of flame retardants. Additionally, aluminum
diethyl phosphinate exhibits excellent temperature stability. This makes it a
material of choice for formulation of polyamides.
·
According to the World Health Organization, around 180, 000 deaths occur
each year across the globe due to fire. According to the Institute for Health
Metrics and Evaluation’s Global Burden of Disease study, the annual number of
deaths due to fire, heat, and hot substances stood at 100,000 in 2017.
Furthermore, growth in demand for phosphorus-based flame retardant polymers
owing to rise in stringent regulations and specifications in fire protection in
application areas including electrical & electronics, automotive &
transportation, and textiles, is expected to boost the demand for aluminum
diethyl phosphinate in the near future. Aluminum diethyl phosphinate offers
high temperature stability and low-smoking ability. This is likely to drive its
demand in the manufacture of flame retardants for applications such as
electronics, automotive & transportation, and textiles.
·
Rise in demand for aluminum diethyl phosphinate in the electrical &
electronics sector for products such as cables and electric wires, cables
insulation, electric connectors, and switches is anticipated to drive the
demand for phosphorus-based flame retardants in the near future. Increase in
need for risk-free electric and electronic components is driving the demand for
aluminum diethyl phosphinate across the globe. Phosphorus-based flame
retardants exhibit advantages such as high flame retardancy, good electric
insulation, and good compatibility with electronic materials. This is projected
to boost the demand for phosphorus-based flame retardants during the forecast
period. In turn, this is expected to propel consumption of aluminum diethyl
phosphinate.
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COVID-19 Impact on
Global Aluminum Diethyl Phosphinate Market
·
The global coronavirus outbreak is expected to pose severe challenges to
the global aluminum diethyl phosphinate market. Aluminum diethyl phosphinate is
primarily used in the manufacture of phosphorus-based flame retardants.
Therefore, decline in sale of phosphorus-based flame retardants is expected to
adversely affect the aluminum diethyl phosphinate market in the near future.
Extension of the lockdown in various countries across the world has led to
supply chain disruptions. Thus, in turn, is anticipated to hamper the market in
the near future.
Asia Pacific to
Hold Major Share of Global Aluminum Diethyl Phosphinate Market
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Based on region, the global aluminum diethyl phosphinate market can be
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa
·
Asia Pacific held major share of the global aluminum diethyl phosphinate
in 2019. Increase in income of the middle class population and improvement in
standard of living of the people have boosted the demand for aluminum diethyl
phosphinate in Asia Pacific. Additionally, rise in steps taken by governmental
agencies across the region to prevent fire accidents and increase in need to
follow fire safety guidelines are estimated to boost the consumption of
aluminum diethyl phosphinate in Asia Pacific in the near future.
·
Producers such as Clariant AG operate across Europe. Clariant AG is
primarily focusing on acquisition & merger of different manufacturers in
order to expand its business domains across geographies. Furthermore, the
company develops and manufactures aluminum diethyl phosphinate for fire safety
solutions, which are used for insulation purposes in electrical &
electronics and automotive & transportation sectors.
·
A few distributors and producers of aluminum diethyl phosphinate operate
in Latin America; therefore, the region relies on import from other countries
in order to cater to the demand for aluminum diethyl phosphinate.
