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

  • ID: 4911765
  • Report
  • May 2021
  • Region: Global
  • 370 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Clariant AG (Switzerland)
  • Mayzo, Inc.
  • SABO S.p.A.
  • MORE

Global Hindered Amine Light Stabilizers (HALS) Market to Reach US$1.5 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Hindered Amine Light Stabilizers (HALS) estimated at US$973.4 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027.Polymeric, one of the segments analyzed in the report, is projected to grow at a 6.4% CAGR to reach US$936.4 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Monomeric segment is readjusted to a revised 5.4% CAGR for the next 7-year period. This segment currently accounts for a 23.7% share of the global Hindered Amine Light Stabilizers (HALS) market.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 9.1% CAGR for the Period of 2020-2027


The Hindered Amine Light Stabilizers (HALS) market in the U.S. is estimated at US$263.5 Million in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$310 Million in the year 2027 trailing a CAGR of 9.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR while Rest of European market (as defined in the study) will reach US$310 Million by the year 2027.

Oligomeric Segment Corners a 13.8% Share in 2020


In the global Oligomeric segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$101.2 Million in the year 2020 will reach a projected size of US$135.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$196 Million by the year 2027, while Latin America will expand at a 5.7% CAGR through the analysis period.

Select Competitors (Total 34 Featured) -

  • 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

FEATURED COMPANIES

  • Addivant USA LLC
  • Adeka Corporation
  • BASF SE
  • Clariant AG (Switzerland)
  • Mayzo, Inc.
  • SABO S.p.A.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • 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
  • Exhibit 1: 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
  • 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)
  • Global Plastics Production: A Significant Influencer of Demand Dynamics in HALS Market
  • Exhibit 2: Global Plastics Production Output in Million Tons for the Years 2009 through 2020
  • Exhibit 3: 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
  • Exhibit 4: 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
  • Exhibit 5: 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
  • Exhibit 6: Automotive OEM Coatings Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Automobile Production Trends to Influence Demand for HALS
  • Exhibit 7: Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
  • Exhibit 8: 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
  • Exhibit 9: Roofing Membranes Market Worldwide: Size in US$ Billion for 2019, 2022 and 2025
  • Exhibit 10: 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
  • Exhibit 11: 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
  • Exhibit 12: 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
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 34
Note: Product cover images may vary from those shown
  • 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
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