Global Flame Retardant Thermoplastic Elastomer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Flame Retardant Thermoplastic Elastomer Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Hardness Less Than 45HA
- 1.3.3 Hardness 45HA-85HA
- 1.3.4 Hardness More Than 85HA
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Flame Retardant Thermoplastic Elastomer Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Automobile
- 1.4.3 Building and Construction
- 1.4.4 Wire and Cable
- 1.4.5 Others
- 1.5 Global Flame Retardant Thermoplastic Elastomer Market Size & Forecast
- 1.5.1 Global Flame Retardant Thermoplastic Elastomer Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Flame Retardant Thermoplastic Elastomer Sales Quantity (2020-2031)
- 1.5.3 Global Flame Retardant Thermoplastic Elastomer Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 RTP Company
- 2.1.1 RTP Company Details
- 2.1.2 RTP Company Major Business
- 2.1.3 RTP Company Flame Retardant Thermoplastic Elastomer Product and Services
- 2.1.4 RTP Company Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 RTP Company Recent Developments/Updates
- 2.2 Kraiburg TPE
- 2.2.1 Kraiburg TPE Details
- 2.2.2 Kraiburg TPE Major Business
- 2.2.3 Kraiburg TPE Flame Retardant Thermoplastic Elastomer Product and Services
- 2.2.4 Kraiburg TPE Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Kraiburg TPE Recent Developments/Updates
- 2.3 Hexpol TPE
- 2.3.1 Hexpol TPE Details
- 2.3.2 Hexpol TPE Major Business
- 2.3.3 Hexpol TPE Flame Retardant Thermoplastic Elastomer Product and Services
- 2.3.4 Hexpol TPE Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Hexpol TPE Recent Developments/Updates
- 2.4 Teknor Apex
- 2.4.1 Teknor Apex Details
- 2.4.2 Teknor Apex Major Business
- 2.4.3 Teknor Apex Flame Retardant Thermoplastic Elastomer Product and Services
- 2.4.4 Teknor Apex Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Teknor Apex Recent Developments/Updates
- 2.5 Maxelast TPE
- 2.5.1 Maxelast TPE Details
- 2.5.2 Maxelast TPE Major Business
- 2.5.3 Maxelast TPE Flame Retardant Thermoplastic Elastomer Product and Services
- 2.5.4 Maxelast TPE Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Maxelast TPE Recent Developments/Updates
- 2.6 LG Chem
- 2.6.1 LG Chem Details
- 2.6.2 LG Chem Major Business
- 2.6.3 LG Chem Flame Retardant Thermoplastic Elastomer Product and Services
- 2.6.4 LG Chem Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 LG Chem Recent Developments/Updates
- 2.7 WARCO
- 2.7.1 WARCO Details
- 2.7.2 WARCO Major Business
- 2.7.3 WARCO Flame Retardant Thermoplastic Elastomer Product and Services
- 2.7.4 WARCO Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 WARCO Recent Developments/Updates
- 2.8 Sabic
- 2.8.1 Sabic Details
- 2.8.2 Sabic Major Business
- 2.8.3 Sabic Flame Retardant Thermoplastic Elastomer Product and Services
- 2.8.4 Sabic Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Sabic Recent Developments/Updates
- 2.9 Buratec
- 2.9.1 Buratec Details
- 2.9.2 Buratec Major Business
- 2.9.3 Buratec Flame Retardant Thermoplastic Elastomer Product and Services
- 2.9.4 Buratec Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Buratec Recent Developments/Updates
- 2.10 Dongguan Dechuang Chemical
- 2.10.1 Dongguan Dechuang Chemical Details
- 2.10.2 Dongguan Dechuang Chemical Major Business
- 2.10.3 Dongguan Dechuang Chemical Flame Retardant Thermoplastic Elastomer Product and Services
- 2.10.4 Dongguan Dechuang Chemical Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Dongguan Dechuang Chemical Recent Developments/Updates
- 2.11 Qingdao Operate New Material
- 2.11.1 Qingdao Operate New Material Details
- 2.11.2 Qingdao Operate New Material Major Business
- 2.11.3 Qingdao Operate New Material Flame Retardant Thermoplastic Elastomer Product and Services
- 2.11.4 Qingdao Operate New Material Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Qingdao Operate New Material Recent Developments/Updates
- 2.12 Dongguan Compass Polymer Material
- 2.12.1 Dongguan Compass Polymer Material Details
- 2.12.2 Dongguan Compass Polymer Material Major Business
- 2.12.3 Dongguan Compass Polymer Material Flame Retardant Thermoplastic Elastomer Product and Services
- 2.12.4 Dongguan Compass Polymer Material Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 Dongguan Compass Polymer Material Recent Developments/Updates
- 2.13 INEOS Styrolution
- 2.13.1 INEOS Styrolution Details
- 2.13.2 INEOS Styrolution Major Business
- 2.13.3 INEOS Styrolution Flame Retardant Thermoplastic Elastomer Product and Services
- 2.13.4 INEOS Styrolution Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 INEOS Styrolution Recent Developments/Updates
- 2.14 Avient
- 2.14.1 Avient Details
- 2.14.2 Avient Major Business
- 2.14.3 Avient Flame Retardant Thermoplastic Elastomer Product and Services
- 2.14.4 Avient Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.14.5 Avient Recent Developments/Updates
- 2.15 Mitsubishi Chemical
- 2.15.1 Mitsubishi Chemical Details
- 2.15.2 Mitsubishi Chemical Major Business
- 2.15.3 Mitsubishi Chemical Flame Retardant Thermoplastic Elastomer Product and Services
- 2.15.4 Mitsubishi Chemical Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.15.5 Mitsubishi Chemical Recent Developments/Updates
- 2.16 ExxonMobil
- 2.16.1 ExxonMobil Details
- 2.16.2 ExxonMobil Major Business
- 2.16.3 ExxonMobil Flame Retardant Thermoplastic Elastomer Product and Services
- 2.16.4 ExxonMobil Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.16.5 ExxonMobil Recent Developments/Updates
- 2.17 Kuraray
- 2.17.1 Kuraray Details
- 2.17.2 Kuraray Major Business
- 2.17.3 Kuraray Flame Retardant Thermoplastic Elastomer Product and Services
- 2.17.4 Kuraray Flame Retardant Thermoplastic Elastomer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.17.5 Kuraray Recent Developments/Updates
3 Competitive Environment: Flame Retardant Thermoplastic Elastomer by Manufacturer
- 3.1 Global Flame Retardant Thermoplastic Elastomer Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Flame Retardant Thermoplastic Elastomer Revenue by Manufacturer (2020-2025)
- 3.3 Global Flame Retardant Thermoplastic Elastomer Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Flame Retardant Thermoplastic Elastomer by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Flame Retardant Thermoplastic Elastomer Manufacturer Market Share in 2024
- 3.4.3 Top 6 Flame Retardant Thermoplastic Elastomer Manufacturer Market Share in 2024
- 3.5 Flame Retardant Thermoplastic Elastomer Market: Overall Company Footprint Analysis
- 3.5.1 Flame Retardant Thermoplastic Elastomer Market: Region Footprint
- 3.5.2 Flame Retardant Thermoplastic Elastomer Market: Company Product Type Footprint
- 3.5.3 Flame Retardant Thermoplastic Elastomer Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Flame Retardant Thermoplastic Elastomer Market Size by Region
- 4.1.1 Global Flame Retardant Thermoplastic Elastomer Sales Quantity by Region (2020-2031)
- 4.1.2 Global Flame Retardant Thermoplastic Elastomer Consumption Value by Region (2020-2031)
- 4.1.3 Global Flame Retardant Thermoplastic Elastomer Average Price by Region (2020-2031)
- 4.2 North America Flame Retardant Thermoplastic Elastomer Consumption Value (2020-2031)
- 4.3 Europe Flame Retardant Thermoplastic Elastomer Consumption Value (2020-2031)
- 4.4 Asia-Pacific Flame Retardant Thermoplastic Elastomer Consumption Value (2020-2031)
- 4.5 South America Flame Retardant Thermoplastic Elastomer Consumption Value (2020-2031)
- 4.6 Middle East & Africa Flame Retardant Thermoplastic Elastomer Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 5.2 Global Flame Retardant Thermoplastic Elastomer Consumption Value by Type (2020-2031)
- 5.3 Global Flame Retardant Thermoplastic Elastomer Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 6.2 Global Flame Retardant Thermoplastic Elastomer Consumption Value by Application (2020-2031)
- 6.3 Global Flame Retardant Thermoplastic Elastomer Average Price by Application (2020-2031)
7 North America
- 7.1 North America Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 7.2 North America Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 7.3 North America Flame Retardant Thermoplastic Elastomer Market Size by Country
- 7.3.1 North America Flame Retardant Thermoplastic Elastomer Sales Quantity by Country (2020-2031)
- 7.3.2 North America Flame Retardant Thermoplastic Elastomer Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 8.2 Europe Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 8.3 Europe Flame Retardant Thermoplastic Elastomer Market Size by Country
- 8.3.1 Europe Flame Retardant Thermoplastic Elastomer Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Flame Retardant Thermoplastic Elastomer Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Flame Retardant Thermoplastic Elastomer Market Size by Region
- 9.3.1 Asia-Pacific Flame Retardant Thermoplastic Elastomer Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Flame Retardant Thermoplastic Elastomer Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 10.2 South America Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 10.3 South America Flame Retardant Thermoplastic Elastomer Market Size by Country
- 10.3.1 South America Flame Retardant Thermoplastic Elastomer Sales Quantity by Country (2020-2031)
- 10.3.2 South America Flame Retardant Thermoplastic Elastomer Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Flame Retardant Thermoplastic Elastomer Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Flame Retardant Thermoplastic Elastomer Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Flame Retardant Thermoplastic Elastomer Market Size by Country
- 11.3.1 Middle East & Africa Flame Retardant Thermoplastic Elastomer Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Flame Retardant Thermoplastic Elastomer Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Flame Retardant Thermoplastic Elastomer Market Drivers
- 12.2 Flame Retardant Thermoplastic Elastomer Market Restraints
- 12.3 Flame Retardant Thermoplastic Elastomer Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Flame Retardant Thermoplastic Elastomer and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Flame Retardant Thermoplastic Elastomer
- 13.3 Flame Retardant Thermoplastic Elastomer Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Flame Retardant Thermoplastic Elastomer Typical Distributors
- 14.3 Flame Retardant Thermoplastic Elastomer Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Flame Retardant Thermoplastic Elastomer market size was valued at US$ 2046 million in 2024 and is forecast to a readjusted size of USD 3073 million by 2031 with a CAGR of 6.1% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Flame Retardant Thermoplastic Elastomer is a type of plastic polymer that has elastic properties similar to rubber but can also resist melting when exposed to high temperatures from flames or other sources of intense heat. These materials are often used in industrial settings where equipment is subjected to extreme heat conditions such as aircraft interiors, automotive components, wiring systems, and many others. They provide both flexibility and durability while reducing the risk of catching on fire which makes them useful for safety applications too. Common examples include TPEs made using polypropylene or styrene-butadiene rubber (SBR) base compounds mixed with additives to increase their thermal stability and reduce degradation under heat stress.
The global market for flame retardant thermoplastic elastomers (TPEs) is expected to experience strong growth over the next several years due to increasing demand from various end-use industries. Key drivers for this growth include:
1. Rising awareness of fire safety regulations and standards across different regions and industries, leading to increased adoption of flame retardant TPEs in various products.
2. Growth in major end-user segments such as automotive and electrical & electronics industries, particularly in developing countries where there is significant potential for expansion driven by rising disposable income levels.
3. Innovations in manufacturing technologies and development of new types of flame retardant TPEs with enhanced performance characteristics will drive further growth in the sector.
4. Environmental concerns related to traditional halogenated flame retardants have led to the development of more sustainable non-halogenated alternatives, creating opportunities for manufacturers of eco-friendly products.
5. Rapid advancements in 3D printing technology and its growing popularity among manufacturers will create opportunities for manufacturers of specialty TPEs with unique properties tailored towards specific application requirements.
6. Emerging markets such as Asia Pacific and South America continue to exhibit strong economic growth, driving up demand for consumer goods containing flame retardant TPEs.
7. Stringent government regulations pertaining to fire safety and greenhouse gas emissions are prompting companies to adopt environmentally friendly solutions, thereby promoting the use of ecofriendly flame retardant TPEs.
8. Technological innovations focused on improving the processing efficiency and costeffectiveness of flame retardant TPE production methods may help stimulate future market growth.
9. Expanding applications areas including automotive interior parts and wire & cable sheathing presents substantial growth opportunity to expand the overall industry size.
This report is a detailed and comprehensive analysis for global Flame Retardant Thermoplastic Elastomer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Flame Retardant Thermoplastic Elastomer market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (USD/Ton), 2020-2031
Global Flame Retardant Thermoplastic Elastomer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (USD/Ton), 2020-2031
Global Flame Retardant Thermoplastic Elastomer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (USD/Ton), 2020-2031
Global Flame Retardant Thermoplastic Elastomer market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (USD/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Flame Retardant Thermoplastic Elastomer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Flame Retardant Thermoplastic Elastomer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include RTP Company, Kraiburg TPE, Hexpol TPE, Teknor Apex, Maxelast TPE, LG Chem, WARCO, Sabic, Buratec, Dongguan Dechuang Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Flame Retardant Thermoplastic Elastomer market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardness Less Than 45HA
Hardness 45HA-85HA
Hardness More Than 85HA
Market segment by Application
Automobile
Building and Construction
Wire and Cable
Others
Major players covered
RTP Company
Kraiburg TPE
Hexpol TPE
Teknor Apex
Maxelast TPE
LG Chem
WARCO
Sabic
Buratec
Dongguan Dechuang Chemical
Qingdao Operate New Material
Dongguan Compass Polymer Material
INEOS Styrolution
Avient
Mitsubishi Chemical
ExxonMobil
Kuraray
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flame Retardant Thermoplastic Elastomer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Flame Retardant Thermoplastic Elastomer, with price, sales quantity, revenue, and global market share of Flame Retardant Thermoplastic Elastomer from 2020 to 2025.
Chapter 3, the Flame Retardant Thermoplastic Elastomer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flame Retardant Thermoplastic Elastomer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Flame Retardant Thermoplastic Elastomer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Flame Retardant Thermoplastic Elastomer.
Chapter 14 and 15, to describe Flame Retardant Thermoplastic Elastomer sales channel, distributors, customers, research findings and conclusion.