Report Scope:
This report will cover the UV stabilizers market. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the key chemicals used to make UV stabilizers. This report covers the present scenario and growth prospects of the global UV stabilizers market for 2020 through 2025.
In order to calculate the market size, the revenue generated through sales of ultraviolet stabilizer products for end-use industries such as adhesives and sealants, agriculture, automotive coatings, and flooring and decking are considered. The report also presents the competitive landscape and a subsequent detailed profile of the key players operating in the market.
Furthermore, the study also discusses the market dynamics such as drivers, restraints, opportunities, and challenges. It also examines new and emerging trends and their impact on current and future market dynamics.
Report Includes:
- 21 data tables and 10 additional tables
- An overview of the global markets for UV stabilizers
- Estimation of the market size and analyses of global market trends with data from 2019, 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Market share analysis of the UV stabilizers based on type, end-use, and region
- Identification of market drivers, restraints, and other forces impacting the global market and evaluation of current market trends, market size, market forecast, and technological advancements within the industry
- Coverage of R&D and new product launch activities by key players and safety and environmental requirement guidelines for the UV stabilizer manufacturers
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Company profiles of major players of the industry, including BASF SE, Evonik Industries AG, Songwon Industrial Co. Ltd., Clariant AG, and Solvay
Table of Contents
Chapter 1 Introduction
- Overview
- Study and Objectives
- Reason for Doing This Study
- Intended Audience
- Scope of Report
- Methodology and Information Sources
- Geographic Breakdown
- Analyst's Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- Coatings
- Plastics
- UV Stabilizers for Polycarbonate
- UV Stabilizers for Polyoxymethylene/POM
- UV Stabilizers for Polyesters
- UV Stabilizers for Polyamides
- Market Drivers
- Rising Awareness of Harmful Effects of UV Light on Plastics
- Growing Demand from Plastics, Coatings in Construction Industries
- Increasing R&D and New Product Launch Activities by Key Players
- Market Challenges
- Compliance with Strict Safety and Environmental Requirements
- Fluctuating Cost of Raw Materials
- Opportunities and Trends
- Key Players Adopted New Product Launches as Their Growth Strategy
- Increasing Demand for UV Stabilizers in Green Coatings
Chapter 4 Market Breakdown by End-Use Industry
- Introduction
- UV Stabilizers Market by End-Use Industry, Estimates and Forecast
- Market Estimate and Forecast
- Flooring and Decking
- Market Estimate and Forecast
- Furniture
- Market Estimate and Forecast
- Automotive Coatings
- Market Estimate and Forecast
- Packaging
- Market Estimate and Forecast
- Other End-Use Industries
- Market Estimate and Forecast
Chapter 5 UV Stabilizers Market by Type
- Introduction and Overview
- UV Stabilizers Market by Type, Market Estimate and Forecast
- Hindered Amine Light Stabilizers
- Introduction
- Mechanism of HALs
- Market Estimate and Forecast
- UV Absorbers
- Introduction
- Market Estimate and Forecast
- Quenchers
- Introduction
- Market Estimate and Forecast
Chapter 6 UV Stabilizers Market by Region
- Introduction and Overview
- Market Estimate and Forecast
- Asia-Pacific
- Overview
- Market Estimate and Forecast
- Europe
- Overview
- Market Estimate and Forecast
- North America
- Overview
- Market Estimate and Forecast
- RoW
- Market Estimate and Forecast
Chapter 7 Industry Structure and Competitive Factors
- Introduction and Overview
- Factors Affecting the Plastics Additives Industry
- Globalization
- Intermaterial Competitive Trends
- Health and Environmental Issues
- Resin Production/Demand and Pricing of Feedstocks
- End-Use Applications
- Emerging Economies
- Supply Chain Shifts
- Factors Influencing Growth Opportunities
- Insight on Major Players in the UV Stabilizer Market
- BASF in UV Stabilizer Market
- Evonik Industries in the UV Stabilizers Market
- Songwon Industrial in the UV Stabilizers Market
- Clariant AG in the UV Stabilizers Market
- Solvay in the UV Stabilizers Market
- Major Strategic Developments
- New Applications
- New Products
- Expansions
- Partnership and Joint Venture
- Price Increases, Agreements, and Awards and Recognition
Chapter 8 Company Profiles
- Key Market Players
- BASF SE
- Clariant Ag
- Evonik Industries
- Songwon Industrial Co. Ltd.
- Solvay
- Other Players
- Addivant
- Adeka Corp.
- Amco Polymers Llc
- Ampacet Corp.
- BYK-Chemie Gmbh
- Chitec Technology Co. Ltd.
- Everlight Chemical Industrial Corp.
- Grafe Advanced Polymers Gmbh
- KNV Chemicals
- Lanxess Ag
- Lycus Ltd. Llc
- Phoenix Plastics
- Prabhu Poly Color Ltd.
- Regain Polymers Ltd.
- Sabo S.P.A.
- Tosaf Compounds Ltd.
- Valtris Specialty Chemicals Ltd.
Chapter 9 Appendix: List of Abbreviations
List of Tables
Summary Table: Global UV Stabilizers Market, by End-User Industry, Through 2025
Table 1: Global UV Stabilizers Market, by End-User Industry, Through 2025
Table 2: Global UV Stabilizers Market for Flooring and Decking, by Region, Through 2025
Table 3: Global UV Stabilizers Market for Furniture, by Region, Through 2025
Table 4: Global UV Stabilizers Market for Automotive Coatings, by Region, Through 2025
Table 5: Global UV Stabilizers Market for Packaging, by Region, Through 2025
Table 6: Global UV Stabilizers Market for Other End-User Industries, by Region, Through 2025
Table 7: Organic UV Absorbers
Table 8: Global UV Stabilizers Market, by Type, Through 2025
Table 9: Global UV Stabilizers Market for Hindered Amine Light Stabilizers, by Region, Through 2025
Table 10: Global UV Stabilizers Market for UV Absorbers, by Region, Through 2025
Table 11: Global UV Stabilizers Market for Quenchers, by Region, Through 2025
Table 12: Global UV Stabilizers Market, by Region, Through 2025
Table 13: Asia-Pacific UV Stabilizers Market, by End-User Industry, Through 2025
Table 14: European UV Stabilizers Market, by End-User Industry, Through 2025
Table 15: North American UV Stabilizers Market, by End-User Industry, Through 2025
Table 16: RoW UV Stabilizers Market, by End-User Industry, Through 2025
Table 17: New Applications by Key Players, 2018 and 2019
Table 18: New Products by Key Players, 2017 and 2019
Table 19: Expansion by Key Players, 2018
Table 20: Partnerships and Joint Ventures by Key Players, 2018 and 2019
Table 21: Price Increases, Agreements, and Awards and Recognition by Key Players, 2017-2020
Table 22: BASF: Financials, 2018 and 2019
Table 23: BASF: UV Stabilizer Products Offered
Table 24: Clariant AG: Financials, 2018 and 2019
Table 25: Evonik Industries: Financials, 2018 and 2019
Table 26: Songwon Industrial: Financials, 2018 and 2019
Table 27: Songwon Industrial.: UV Stabilizer Products Offered
Table 28: Solvay: Financials, 2018 and 2019
Table 29: Solvay: UV Stabilizer Products Offered
Table 30: List of Abbreviations
List of Figures
Summary Figure: Global UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 1: Global Construction Spending, 2019-2025
Figure 2: Global UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 3: Global UV Stabilizers Market for Flooring and Decking, by Region, 2019-2025
Figure 4: Global UV Stabilizers Market for Furniture, by Region, 2019-2025
Figure 5: Global Registration of New Vehicles, 2015-2019
Figure 6: Global UV Stabilizers Market for Automotive Coatings, by Region, 2019-2025
Figure 7: Global UV Stabilizers Market for Packaging, by Region, 2019-2025
Figure 8: Global UV Stabilizers Market for Other End-User Industries, by Region, 2019-2025
Figure 9: Global UV Stabilizers Market, by Type, 2019-2025
Figure 10: Global UV Stabilizers Market for Hindered Amine Light Stabilizers, by Region, 2019-2025
Figure 11: Global UV Stabilizers Market for UV Absorbers, by Region, 2019-2025
Figure 12: Global UV Stabilizers Market for Quenchers, by Region, 2019-2025
Figure 13: Global UV Stabilizers Market, by Region, 2019-2025
Figure 14: Asia-Pacific UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 15: European UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 16: North American UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 17: RoW UV Stabilizers Market, by End-User Industry, 2019-2025
Figure 18: BASF: Revenue Share, by Business Segment, 2019
Figure 19: BASF: Revenue Share, by Region/Country, 2019
Figure 20: Clariant AG: Revenue Share, by Business Segment, 2019
Figure 21: Clariant AG: Revenue Share, by Region/Country, 2019
Figure 22: Evonik Industries: Revenue Share, by Business Segment, 2019
Figure 23: Evonik Industries: Revenue Share, by Region/Country, 2019
Figure 24: Songwon Industrial: Revenue Share, by Business Segment, 2019
Figure 25: Songwon Industrial: Revenue Share, by Region/Country, 2019
Figure 26: Solvay: Revenue Share, by Business Segment, 2019
Figure 27: Solvay: Revenue Share, by Region, 2019
Executive Summary
Where polymers are subjected to various environmental factors such as UV light, humidity, and oxygen, light degradation can cause problems such as yellowing, cracking, and decreased efficiency. In order to maximize the longevity and service life of plastic materials, manufacturers incorporate UV absorbers and light stabilizers to prevent deterioration caused by UV light, to improve weather tolerance, and increase efficiency in different applications. Benzophenones, benzotriazoles, and triazines are the major UV stabilizers used to provide protection against UV radiation in plastics.
As a result of the global COVID-19 outbreak, many manufacturing operations were reduced in the first five months of 2020. The supply chain was disrupted, and downstream plants were also shut to comply with trade restrictions imposed by regional governments. After the lifting of the global lockdown, the UV stabilizers market is likely to witness resumed demand in the second half of 2020.
Ultraviolet (UV) stabilizers are used to protect products from long-term UV corrosion effects caused by UV radiation. Various UV stabilizers are used depending on the substrate, the material’s expected working life, and its susceptibility to UV degradation. Due to excessive exposure to sunlight, surfaces tend to exhibit photodegradation changes such as color shift, chalking, splitting, and loss of physical properties. In order to counteract the adverse effects of UV radiation, UV stabilizers are used to fix the deterioration issues caused by exposure to sunlight.
Stabilizers are used to deter UV damage in plastics through the addition of chemicals such as benzotriazoles and benzophenones to guard against UV light. Stabilizers are added during the formation or molding of products. Plastics and synthetic rubber are treated with UV stabilizers.
UV stabilizers are grouped into three primary types: UV absorbers, hindered amine light stabilizers (HALSs), and sockets. HALS are the most effective UV-induced degradation stabilizers, As they have a high degree of effectiveness and longevity due to the cyclic phase in which the HALS are regenerated rather than ingested during the stabilization process. HALS prevent the deterioration of polymers but do not absorb UV radiation. UV light is further subdivided into UV-A and UV-B.
Polymer fabrics, mainly used in synthetic rubbers, coatings, adhesives, and fabrics, and textile products, are continuously exposed to sunshine and fluorescent lighting, both of which have harmful effects on product life. In photodegradation, chemical bonds in a polymer are broken down and this leads to cracking, color changes, chalking, and loss of physical properties of the substance. In order to increase the strength and to prolong the life of materials, it is important to add UV absorbers and light stabilizers to prevent deterioration caused by UV light. UV stabilizers improve performance and provide overall protection for the long and efficient life cycle of the material.
Companies Mentioned
- Addivant
- Adeka Corp.
- Amco Polymers Llc
- Ampacet Corp.
- BASF SE
- BYK-Chemie Gmbh
- Chitec Technology Co. Ltd.
- Clariant Ag
- Everlight Chemical Industrial Corp.
- Evonik Industries
- Grafe Advanced Polymers Gmbh
- KNV Chemicals
- Lanxess Ag
- Lycus Ltd. Llc
- Phoenix Plastics
- Prabhu Poly Color Ltd.
- Regain Polymers Ltd.
- Sabo S.P.A.
- Solvay
- Songwon Industrial Co. Ltd.
- Tosaf Compounds Ltd.
- Valtris Specialty Chemicals Ltd.
