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Low Smoke Halogen Free Flame Retardant Polypropylene (PP) Market size is set to grow by USD 344.8 million from 2024-2028, easy availability of polypropylene boost the market, Technavio

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NEW YORK, Aug. 21, 2024 /PRNewswire/ — The global low smoke halogen free flame retardant polypropylene (PP) market size is estimated to grow by USD 344.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 8.09% during the forecast period. Easy availability of polypropylene is driving market growth, with a trend towards growth of construction industry in APAC. However, volatile petrochemical prices poses a challenge. Key market players include Albemarle Corp., Audia, BASF SE, Bayer AG, Celanese Corp., Clariant International Ltd., DuPont de Nemours Inc., ICC Industries Inc., Israel Chemicals Ltd., J M Huber Corp., Koninklijke DSM NV, Lanxess AG, Mitsubishi Chemical Group Corp., RTP Co., Simona AG, Teknor Apex Co. Inc., The Lubrizol Corp., Thor Group Ltd., and VYCOM.

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Low Smoke Halogen Free Flame Retardant Polypropylene (PP) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.09%

Market growth 2024-2028

USD 344.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.32

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 38%

Key countries

US, China, Germany, Japan, and India

Key companies profiled

Albemarle Corp., Audia, BASF SE, Bayer AG, Celanese Corp., Clariant International Ltd., DuPont de Nemours Inc., ICC Industries Inc., Israel Chemicals Ltd., J M Huber Corp., Koninklijke DSM NV, Lanxess AG, Mitsubishi Chemical Group Corp., RTP Co., Simona AG, Teknor Apex Co. Inc., The Lubrizol Corp., Thor Group Ltd., and VYCOM

Market Driver

The construction industry in Asia Pacific (APAC) is experiencing significant growth and is projected to continue expanding during the forecast period. China’s construction market, while showing a potential decline in housing construction, presents opportunities in sectors like healthcare, education, social infrastructure, retail, and other consumer end-markets due to the country’s economic shift. India’s construction market is anticipated to grow at a rapid pace almost twice that of China’s. In the construction industry, low smoke halogen free flame retardant polypropylene (PP) is extensively used in hot-melt adhesives. The expanding construction sector in APAC will fuel the demand for this material, thereby propelling the global low smoke halogen free flame retardant PP market growth during the forecast period. 

The Low Smoke Halogen Free Flame Retardant Polypropylene (PP) market is witnessing significant growth due to increasing focus on fire safety in various industries. Construction and electrical sectors are major consumers, with a shift towards halogen-free flame retardant polymers for improved safety and regulatory compliance. Emerging regions like Asia-Pacific and South America are driving demand, as product differentiation becomes key. Nanoparticle technology and carbon fiber are trends in this market. In plastic packaging, PP is used for anticorrosion coating and 3D printing filament. KIMYA, a leading player, supplies PP for cable jacketing applications. Regulatory standards like fire safety regulations for TVs, wires, cables, portable computing, gaming systems, personal electronics, and the electronics market are driving demand. The construction market, transportation system, and consumer products also utilize PP in cable jacketing applications, corrugated sheets, and electric cars/hybrid vehicles. Despite high petrochemical prices, the market remains robust due to its importance in various industries. 

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Market Challenges

The prices of crude oil, propylene, and ethylene significantly impact the cost of producing low smoke halogen free flame retardant polypropylene (PP). Crude oil prices, influenced by supply-demand dynamics, determine the cost of producing propylene via steam cracking and catalytic reforming processes. As a monomer in polypropylene production, any price fluctuations in propylene directly affect the price of this material. In March 2020, key petrochemicals, including styrene monomer (SM) and crude oil, experienced significant decreases, with Brent crude falling to USD31.19/bbl and US crude dropping to USD30.04/bbl. This downturn led to a 17% decrease in Asian petrochemical prices and slowed the growth of the low smoke halogen free flame retardant PP market. These price trends could potentially hamper the expansion of the global low smoke halogen free flame retardant PP market during the forecast period.The Low Smoke Halogen Free Flame Retardant Polypropylene (PP) market faces several challenges in various industries. In transportation, ensuring timely delivery of PP materials for cable jacketing applications in the automobiles sector, electric vehicles, and hybrid vehicles can be difficult due to logistical issues. In construction, workers require immediate access to PP materials for Corrugated Sheets and other fire-resistant applications, which can be a challenge due to global supply chain disruptions. Consumer electronic brands and retailers, including shops, showrooms, supermarkets, and hypermarkets, must adhere to strict fire safety regulations. Regulatory standards for electronics, such as TVs, wires, cables, portable computing, gaming systems, personal electronic devices, and mobile computing, continue to evolve, putting pressure on the market. Petrochemical prices also impact the cost of producing PP polymers and composites, affecting the overall market. Additionally, the Energy Ministerial and electronics manufacturing sectors must navigate the complexities of producing fire-resistant plastics while maintaining competitiveness in the market.

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Segment Overview 

This low smoke halogen free flame retardant polypropylene (pp) market report extensively covers market segmentation by

Application 1.1 Construction1.2 Automotive1.3 Electrical and electronic1.4 Industrial1.5 OthersType 2.1 IEC60332-12.2 IEC60332-22.3 IEC60332-3Geography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Construction- The construction industry’s fire safety requirements have led to the increased usage of low smoke halogen free flame retardant polypropylene (PP). This material’s demand is on the rise due to the expansion of the construction sector worldwide. Brominated fire retardants (BFRs), such as pentabromodiphenyl ether, decabromodiphenyl ether, and hexabromocyclododecane, are commonly used additives for improving fire retardancy in plastics. These BFRs help convert highly reactive free radicals into less reactive ones, ensuring better fire performance. In the construction industry, low smoke halogen free flame retardant PP is primarily used in wires and cables for insulation. The growing construction industries in emerging economies like Brazil, Indonesia, Malaysia, Chile, Thailand, and India necessitate the use of this material for safety and security reasons. Consequently, the global low smoke halogen free flame retardant PP market is poised for significant growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Low Smoke Halogen Free Flame Retardant Polypropylene (PP) market is witnessing significant growth due to the increasing demand for fire safety in various industries. In the construction sector, flame retardant polymers, particularly PP, are used to enhance fire safety in buildings and infrastructure. The electrical industry also relies heavily on these materials for wires and cables to prevent electrical fires. Halogen-free flame retardant PP is gaining popularity due to its environmental benefits, as it does not release toxic smoke during a fire. Emerging regions like Asia-P Pacific and South America are expected to drive the market growth due to increasing awareness and stringent regulations regarding fire safety. Product differentiation through nanoparticle technology and the use of additives are key strategies adopted by manufacturers. The use of PP in plastic packaging, carbon fiber, anticorrosion coating, 3D printing filament, and other applications is also expanding. The electronics market, including portable computing, gaming systems, and personal electronic devices, is a significant consumer of flame retardant polymers. The automobiles sector, including electric cars and hybrid vehicles, is also adopting fire-resistant plastics made from PP. The market’s growth is, however, affected by petrochemical prices and the availability of raw materials. KIMYA and other key players are investing in research and development to innovate and offer high-performance, cost-effective solutions. The use of PP in various applications, from wires and cables to composites and 3D printing filament, is expected to continue driving the market growth.

Market Research Overview

The Low Smoke Halogen Free Flame Retardant Polypropylene (PP) market is witnessing significant growth due to the increasing focus on fire safety in various industries. In construction, PP is used for producing fire-resistant insulation materials, electrical components, and anticorrosion coatings. In the electrical sector, PP’s halogen-free flame retardant properties make it an ideal choice for cable jacketing applications in consumer electronic brands, retail shops, showrooms, supermarkets, and hypermarkets. The transportation system is another major consumer of PP in the form of automotive components, such as car interior parts, seat belts, and engine covers. The emerging regions are expected to drive the demand for PP in the fire safety market, especially in the construction industries and the electronics market. Product differentiation through nanoparticle technology is a key trend in the market, with companies exploring the use of nanoparticles to enhance the flame retardant properties of PP. The global supply chain for PP is influenced by petrochemical prices and regulatory standards, including fire safety regulations. The market for PP in the automobiles sector is expected to grow due to the increasing demand for electric cars and hybrid vehicles. The Energy Ministerial and electronics manufacturing sectors are also significant consumers of PP in the form of 3D printing filament and polymer composites for fire-resistant plastics. The market for PP in the electronics industry includes applications in TVs, wires, cables, portable computing, gaming systems, personal electronic devices, and mobile computing.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationConstructionAutomotiveElectrical And ElectronicIndustrialOthersTypeIEC60332-1IEC60332-2IEC60332-3GeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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HUYA Inc. to Report Third Quarter 2026 Financial Results on Tuesday, November 17, 2026

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-Earnings Webinar Scheduled for 5:00 a.m. ET on November 17, 2026-

GUANGZHOU, China, Oct. 27, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it will report its third quarter 2026 unaudited financial results on Tuesday, November 17, 2026, before the open of U.S. markets.

The Company’s management will host a Tencent Meeting Webinar at 5:00 a.m. U.S. Eastern Time on November 17, 2026 (6:00 p.m. Beijing/Hong Kong time on November 17, 2026), to review and discuss the Company’s business and financial performance.

For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.

[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China, and Taiwan.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit: https://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-757-6681-1975
E-mail: ir@huya.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

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SOURCE HUYA Inc.

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MEXC and Hacken Launch AI Trading Safety Handbook to Promote Safer AI Adoption

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MUTSAMUDU, Comoros, Oct. 27, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, and blockchain security, compliance, and regulatory assurance partner Hacken, have released the MEXC × Hacken AI Trading Safety Handbook, providing practical guidance on how users and platforms can use and deploy AI-assisted and automated trading tools more safely, from research and decision support through trade execution.

The handbook follows the recent MEXC AI Trading Report, which found strong interest in AI alongside clear demand for greater control. In MEXC’s 2026 survey, willingness to use automated trading rose from 55% to 71.8% when limits on funds, positions, leverage and losses were introduced.

As AI takes a more active role in trading, the handbook emphasizes that safety cannot rely on the AI model alone. AI-facilitated actions should be checked against separate permissions, financial limits and risk controls before execution. It covers risks including credential exposure, excessive permissions, manipulated data and unintended execution, while outlining practical safeguards for both users and platforms.

For users, the handbook sets out five safety checks: Ask, Verify, Limit, Control and Review. For platforms, it outlines five principles: Guard, Limit, Approve, Controls and Test. Together, they provide a practical framework for expanding the use of AI while keeping appropriate controls in place.

“AI can make trading more accessible and efficient, but greater capability should come with stronger safeguards,” said Vugar Usi Zade, CEO of MEXC. “At MEXC, we want users to benefit from innovation, while taking a measured approach to AI adoption. Our People First principle means giving users access to new capabilities without losing sight of control, transparency and risk.”

“AI agents will soon place more orders than people do. Trust in them should be earned the way smart contracts earned it: through independent controls, continuous red-teaming and evidence anyone can verify,” said Dyma Budorin, CEO and co-founder of Hacken. “This handbook is intended to raise awareness of those risks and provide practical support for both users and platforms. As adoption grows, platforms will need to test these safeguards continuously and strengthen them as new risks emerge.”

MEXC and Hacken hope the handbook can serve as a practical reference for users and platforms as AI becomes more deeply integrated into trading, helping raise risk awareness and support safer, more responsible adoption across the industry.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

MEXC Official Website| X | Telegram |How to Sign Up on MEXC

About Hacken

Hacken is a security and assurance partner for financial institutions and the infrastructure they rely on: exchanges, ecosystems, custodians, banks, asset managers, and tokenization platforms. Hacken’s AI security work includes AI agent security audits and red-teaming of AI systems.

Founded in 2017, Hacken has 60+ engineers and more than 1,500 clients across industries, including the European Commission, ADGM, Ethereum Foundation, Societe Generale-Forge, MetaMask, and Bybit.

Hacken website | X | LinkedIn

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SOURCE MEXC

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Renoworks Appoints SaaS Sales Executive Madan Murthy as Vice President of Sales

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Strategic appointment strengthens enterprise sales capabilities to accelerate growth and market adoption of renoworks.ai

CALGARY, AB, Oct. 27, 2026 /PRNewswire/ — Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) (“Renoworks” or the “Company”), an industry leader in AI-powered visualization, design and lead-generation technology for the building products industry, today announced the appointment of Madan Murthy as Vice President of Sales. The appointment supports initial positive feedback from existing clients of renoworks.ai, which now requires more sales resources to move faster.

Mr. Murthy brings more than 25 years of experience building and scaling business-to-business technology and Software-as-a-Service (SaaS) organizations, with a demonstrated track record of accelerating revenue growth, acquiring enterprise customers and developing high-performing sales organizations across international markets.

The appointment comes as Renoworks enters a new phase of growth following the launch of renoworks.ai, its next-generation AI-native platform combining photorealistic visualization, product intelligence, homeowner engagement, lead generation and data analytics. The Company believes this expanded offering creates significant opportunities to deepen relationships with existing customers and attract new manufacturers, distributors, retailers and contractors seeking to leverage AI to improve customer engagement and drive sales.

“The launch of renoworks.ai represents an important step forward in our growth strategy, and we believe the opportunity to expand our market presence has never been greater,” said Doug Vickerson, Chief Executive Officer of Renoworks. “Following recent introductions of these new capabilities to the building products industry, it is evident that it is now time to strengthen our enterprise sales organization. Madan brings extensive experience scaling SaaS businesses, winning major enterprise accounts and building repeatable sales processes. His proven ability to translate innovative technology into sustainable revenue growth makes him an excellent addition to our leadership team.”

Throughout his career, Mr. Murthy has contributed to significant revenue growth across multiple technology organizations. His accomplishments include helping scale a business from $50 million to $225 million in revenue while increasing new-customer opportunity-to-close rates from 8% to 35% and improving customer retention to 98%. He has also helped grow an early-stage software company’s SaaS business to $25 million in recurring revenue, secured Fortune 500 customers and built and led a 30-person international sales organization spanning North America, Europe and Asia-Pacific.

In his new role, Mr. Murthy will focus on expanding Renoworks’ enterprise customer base, developing new market opportunities and accelerating adoption of renoworks.ai. He will work closely with the Company’s existing business development, marketing and customer success teams to strengthen its sales pipeline, enhance go-to-market execution and support long-term recurring revenue growth.

“I am excited to join Renoworks at such an important stage in its evolution,” said Madan Murthy, Vice President of Sales. “The combination of Renoworks’ established relationships across the building products industry, deep product expertise and its new AI-native platform creates a compelling opportunity for growth. I look forward to working with the team to expand our enterprise presence, develop new customer relationships and help bring the benefits of renoworks.ai to a broader market.”

About Renoworks

Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) develops and markets AI-powered software solutions for the home remodeling and new home construction industries. The Company provides manufacturers, contractors, builders and retailers with innovative digital solutions that help homeowners visualize building products on their homes, make more informed purchasing decisions and connect with industry professionals.

Through its next-generation renoworks.ai platform, the Company is expanding beyond traditional visualization to deliver advanced AI-driven design capabilities, product intelligence, lead generation, data analytics and integrated sales workflows. These solutions help industry participants enhance customer engagement, streamline the remodeling process and increase sales opportunities.

Renoworks generates revenue through its primary business lines, including Renoworks Enterprise, Renoworks PRO, Renoworks Design Services and Renoworks API.

For more information, visit www.renoworks.com and www.renoworkspro.com.

Forward Looking Information

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the Company to enhance operating results, expand adoption of its AI-powered platform and introduce new software capabilities, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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SOURCE RenoWorks Software Inc.

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