+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Hindered Amine Light Stabilizers (HALS) - Global Market Trajectory & Analytics

  • ID: 4911765
  • Report
  • September 2020
  • Region: Global
  • 370 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Clariant AG
  • Mayzo Inc.
  • SABO S.p.A.
  • MORE
The global market for Hindered Amine Light Stabilizers (HALS) is projected to reach US$1.2 billion by 2025, driven by the growing ubiquity of polymers as advanced materials used in a wide range of consumer and industrial products. Ranging from plastics, nylon, polyethylene, polyester, polyvinyl chloride, polytetrafluoroethylene to epoxy, synthetic polymers are omnipresent and quite literally are indispensable in modern life. Characteristics of polymers that make them important materials of the 21st century include resistance to a wide range of chemicals; thermal and electrical insulation properties; lightweight; high mechanical strength; and extreme flexibility in processing. Another key reason for the ubiquity of polymers is the limitless potential in expanding polymer product possibilities by manipulating the molecular structure of polymers and by adding myriad fillers, reinforcements and additives. The global push towards substitution of paper, metals, wood and glass with polymers is additionally driving their use and ubiquity worldwide. Packaging, automobiles and healthcare are major emerging markets for polymers. Under this scenario durability of polymers is gaining increased attention. Behavior of polymers such as physical aging, and degradation process/mechanisms are attracting increased R&D with these materials finding increased use in critical applications such as in photovoltaic modules, in construction in the form of structural polymers, in aerospace for aircraft components, in medical equipment, among others. Also, polymers are increasingly being used applications that require exposure to extreme temperatures and chemical environments, thereby putting higher stress on polymers and their durability. Against this backdrop, service life prediction is becoming increasingly important.

Defined as chemical compounds containing amines as antioxidant for long-term heat protection of polymers, HALS are valuable in engineering durable polymers. An important group of polymer additives, HALS play a key role in protecting polymers from UV radiation and are critical in ensuring reliability of polymer based products/solutions. HALS are effective inhibitors of free-radical induced degradation of polymers. Photo-oxidation caused by UV radiation results in cracks and rapid degradation of the polymer`s mechanical properties. High molecular weight (MW) HALS are effective long-term heat stabilizers and are valuable for use in PE-based agricultural films, PP fibers, talc-filled PP, TPO automotive parts, styrenic polymers (ABS, ASA), polyamide fibers, polyurethanes, and elastomers. Low molecular weight HALS, on the other hand are also effective for use in PP, TPO, styrenic polymers (HIPS, SAN, ABS, ASA), polyamides, polyurethanes, polyacetals, acrylics, elastomers, adhesives, and sealants. Focused investment intensive research on polymer solar cells will expand opportunities for HALS, with research studies showing HALS as effective in preventing photooxidation of all-polymer methylammonium lead iodide perovskite (MAPI) based photovoltaic devices. The market over the medium to long-term period will benefits from ongoing research efforts aimed at developing, characterization and quantitation of new HALS. The food packaging sector will offer the strongest potential for growth supported by growing use of transparent packaging solutions which need to withstand longer outdoor exposure to light. The United States, China and Europe represent large markets worldwide with a combined share of 69.8% of the market. China also ranks as the fastest growing market with a CAGR of 9.9% over the analysis period supported by the country`s growing domestic consumption of plastics which is estimated to grow to over 38% of total global consumption.

Competitors identified in this market include, among others:
  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Beijing Tiangang Auxiliary Co., Ltd.
  • Chitec Technology Co., Ltd.
  • Clariant AG (Switzerland)
  • Double Bond Chemical Ind., Co., Ltd.
  • Everlight Chemical Industrial Corp.
  • Mayzo, Inc.
  • Qingdao Jade New Material Technology
  • SABO S. p.A.
  • Solvay S. A.
  • SUNSHOW (Yantai) Specialty Chemical Co., Ltd
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Clariant AG
  • Mayzo Inc.
  • SABO S.p.A.
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • An Introduction to Hindered Amine Light Stabilizers (HALS)
  • Growing Need to Protect Polymers from Extended Exposure to Light and Heat Propels Hindered Amine Light Stabilizers (HALS) Market
  • Efforts to Enhance Understanding of Polymer Degradation & Stability Bring HALS into the Spotlight: Global Polymers Market (In US$ Billion) for 2019, 2021, 2023 and 2025
  • Polymeric Segment Emerges as a Major HALS Type
  • Packaging: The Largest Application Category in HALS Market
  • China and Asia-Pacific: High Growth Markets for HALS
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Addivant USA LLC (USA)
  • Adeka Corporation (Japan)
  • BASF SE (Germany)
  • Beijing Tiangang Auxiliary Co., Ltd. (China)
  • Chitec Technology Co., Ltd. (Taiwan)
  • Clariant AG (Switzerland)
  • Double Bond Chemical Ind., Co., Ltd. (Taiwan)
  • Everlight Chemical Industrial Corp. (Taiwan)
  • Mayzo, Inc. (USA)
  • Qingdao Jade New Material Technology (China)
  • SABO S.p.A. (Italy)
  • Solvay S.A. (Belgium)
  • SUNSHOW (Yantai) Specialty Chemical Co., Ltd (China)
3. MARKET TRENDS & DRIVERS
  • Global Plastics Production: A Significant Influencer of Demand Dynamics in HALS Market
  • Global Plastics Production Output in Million Tons for the Years 2009 through 2020
  • Global Plastics Production by Region/Country (in %): 2019E
  • Increasing Demand for Packaging Solutions from Food, Consumer Goods and Industrial Sectors Augurs Well for the Market
  • Global Plastic Packaging Market: Revenues in US$ Billion for 2019, 2021 and 2025
  • Growing Demand for Food and Emergence of Greenhouses as Vital Solutions to Increase Agriculture Production and Yield Augur Well for HALS Market
  • Growing Demand for Greenhouse Films Favors HALS Market: Greenhouse Films Market Size in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Rising Importance of Light Stabilizers in Automotive Parts Protection Spurs Market Growth
  • Automotive OEM Coatings Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Automobile Production Trends to Influence Demand for HALS
  • Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
  • Global Passenger Car Sales (In Million Units) for the Years 2010-2024
  • Building & Construction Sector Poised to Benefit from the Numerous Benefits of HALS
  • Roofing Membranes and Plastic Decking Market: Opportunity Indicators
  • Roofing Membranes Market Worldwide: Size in US$ Billion for 2019, 2022 and 2025
  • Global Plastic Decking Market Value in US$ Billion for 2018, 2020, 2022 and 2024
  • Construction Industry’s Healthy Outlook Presents Favorable Prospects for HALS Market
  • Projected Increase in Construction Investments Favors Market: World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Focus on Increasing Capacity of Floating Solar Panel Systems Promises Growth for HALS Market
  • Global Floating Solar Panels Market Value in US$ Million for the Years 2018, 2022, 2026
  • HALS Finds Increasing Use in Synthetic Fibers
  • Innovations & Advancements to Continue Driving Use of HALS in Expanded Range of Applications
  • Potential Role of HALS in Increasing Methylammonium Lead Iodide Perovskite’s Stability against Light and Oxygen
  • Effect of UV Stabilizers on Photo Degradation of Polypropylene Films
  • Addition of UV Absorbers and HALS to Shell of Co-Extruded Improves Anti-UV Aging and Mechanical Attributes
  • BASF’s HALS Finds Use in Manufacture of Non-Woven Fabrics
  • Songwon Develops UV Stabilizer Systems Based on Blend of HAL and UV Absorber
  • Plastic Additives Offer Protection to 5G Base Stations from UV Light
  • BASF Unveils Tinuvin 249 HALS for Wood and Metal Coatings
  • Manufacturers Adopt Strategies to Expand Global Operations
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 33
Note: Product cover images may vary from those shown
3 of 3
  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Beijing Tiangang Auxiliary Co. Ltd.
  • Chitec Technology Co. Ltd.
  • Clariant AG
  • Double Bond Chemical Ind. Co., Ltd.
  • Everlight Chemical Industrial Corp.
  • Mayzo Inc.
  • Qingdao Jade New Material Technology
  • SABO S.p.A.
  • Solvay S.A.
  • SUNSHOW (Yantai) Specialty Chemical Co. Ltd.
Note: Product cover images may vary from those shown
Adroll
adroll