Asia pacific is leading the UV stabilizers market. It is because of the presence of several manufacturers and also the growing foreign investment of UV stabilizers. Additionally the growing trend of crop cultivation in polyhouse is one of the reason that is contributing to the growth of the market in Asia pacific. China is the leading the Asia pacific UV stabilizers market. China is leading because of its huge usage of UV stabilizers in different industries such as automotive, packaging and others.
UV Stabilizers Market Outlook:
Based on type of UV stabilizers HALS is dominating the market. It is because of its increasing demand for durable and non-biodegradable products from the end user industries such as packaging, automotive and so on. HALS are used cross-section of thick and thin application that includes tapes & films, decking and so on. Packaging industry is holding the largest market share in UV stabilizers market. It is because of the rising demand from non-food and food industries. The proficiency to maintain the quality of packaging when exposed to UV radiation is one of the factor that is dominating the UV stabilizers market.
UV Stabilizers Market Growth drivers:
The increasing demand from the end user such as automotive, adhesives & sealants etc. is driving the UV stabilizer market. The usage of UV stabilizers is rising in adhesives & sealants because of its gluing from UV radiation owing to their increase in usage in households.
UV Stabilizers Market Challenges:
Fluctuation in the price of raw materials because of the unavailability and complex chemistry of raw materials is standing as a challenge for the market. When there is need for more chemical reactions then each reaction will need optimization of cost.
UV Stabilizers Market
UV Stabilizers MarketResearch Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the UV Stabilizers Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.
UV Stabilizers Market Report: Industry Coverage
Types of UV Stabilizers: Quenchers, HALS, UV Absorbers, Others
Applications of UV Stabilizers: Films & Tapes, Extrusion, Decking, Floor Coating, Others
End User of UV Stabilizers: Furniture & Construction, Automotive, Adhesives & Sealants, Other
UV Stabilizers Marketreport also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
UV Stabilizers Market Key Players Perspective:
Some of the Key players in this market include: BASF SE, Songwon Industrial Co., Ltd., Clariant AG, Solvay SA, Altana AG, Adeka Corporation, Addivant, Valtris Specialty Chemicals, Lycus Ltd., Mayzo, Inc.
Market Research and Market Trends of UV Stabilizers Market
- The global UV stabilizers market is reputable and it is still in the growing phase. There is a huge opportunity for the growth of the market because there is no wide regulations and also because of the heaving demand from the emerging sectors such as automotive and construction. Because of the substantial R&D there is an increase in variety of chemistries for UV absorbers in improving the properties of UV stabilizers.
- The continuous improvement in infrastructure that has led different companies opt for low cost materials which include wooden material, plastics and others. Inorder to prevent these wooden materials and plastics from the exposure of sunlight UV stabilizers are used. Owing to this the market is increasing its demand to a great extent.
Table of Contents
Methodology
LOADING...
