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UV Light Stabilizers Market By Type, By Application: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 235 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640266
Description Jump to:
The global UV light stabilizers market was valued at $462.9 million in 2020 and is projected to reach $871.5 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.

UV light stabilizer is a majorly used as a coating additive to reduce the degradation effect caused by UV exposure to materials such as plastics and wood. Companies are coming up with different advanced products in order to maximize their market share in UV light stabilizer market. In the Porter’s five forces analysis, oil companies and other raw material suppliers are considered as suppliers for this market. Different industries such as furniture, automotive, and construction industries, which are using UV light stabilizers as coatings substrate are considered as buyers for UV light stabilizer market.

Many dominant players are present in the UV light stabilizers market, which occupy the major market share. These market giants raise high entry barriers for companies trying to enter the photonic sensor market. The UV light stabilizers market is majorly occupied by key market players, thus creating a niche market for the entrants. The inability of new players to offer differentiated products and acquire the market share reduce the threat of new entrants. To acquire the market, new players need to come up with some unique and highly effective strategies.

The buyers of UV light stabilizer manufacturing companies are the automotive, furniture, and construction industries. These industries are experiencing prominent demand for UV light stabilizers owing to increase in UV exposures to materials used in respective industries. The presence of a large number of UV light stabilizers companies providing different types of stabilizers gives a plenty of options to the buyers to choose from.

Presently, product launch strategy drives the market for UV light stabilizers. Most companies analyzed in the report have adopted product launch strategy. Increase in adoption of smart technology is a key contributor for the growth of the UV light stabilizers market.

The global UV light stabilizers market is segmented into type, application, and region. By type, the market is fragmented into UV absorbers, HALS, and quenchers. On the basis of application, it is categorized into floor coating, decking, automotive coating, furniture coating, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players mentioned in the report are Altana AG, BASF AG, Akzo Nobel, Solvay, Lanxess, Clariant Ltd, Everlight Chemical Industrial, Mayzo, Valtris Speciality, and Lycus Ltd. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the uv light stabilizers market analysis from 2020 to 2030 to identify the prevailing uv light stabilizers market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the uv light stabilizers market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global uv light stabilizers market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


By Type

  • Uv Absorbers
  • Hals
  • Quenchers

By Application

  • Floor Coating
  • Decking
  • Automotive Coating
  • Furniture Coating
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • altana ag
  • BASF
  • Akzo Nobel N.V.
  • solvay
  • Lanxess
  • clariant
  • everlights
  • Mayzo
  • valtris specialty chemicals
  • LYCUS

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: UV LIGHT STABILIZERS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Uv Absorbers
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Hals
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Quenchers
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: UV LIGHT STABILIZERS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Floor Coating
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Decking
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Automotive Coating
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Furniture Coating
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: UV LIGHT STABILIZERS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Type
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Type
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Type
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Type
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Type
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 U.K.
6.3.4.1.1 Market size and forecast, by Type
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 Germany
6.3.4.2.1 Market size and forecast, by Type
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Type
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Rest of Europe
6.3.4.4.1 Market size and forecast, by Type
6.3.4.4.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Type
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Type
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Type
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Type
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Type
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Rest Of Asia Pacific
6.4.4.5.1 Market size and forecast, by Type
6.4.4.5.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Type
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Latin America
6.5.4.1.1 Market size and forecast, by Type
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Middle East
6.5.4.2.1 Market size and forecast, by Type
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 Africa
6.5.4.3.1 Market size and forecast, by Type
6.5.4.3.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 altana ag
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 BASF
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Akzo Nobel N.V.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 solvay
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Lanxess
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 clariant
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 everlights
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Mayzo
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 valtris specialty chemicals
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 LYCUS
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Uv Light Stabilizers Market, by Type, 2020-2030, ($Million)
Table 2. Uv Light Stabilizers Market Revenue, for Uv Absorbers, by Region, 2020-2030, ($Million)
Table 3. Uv Light Stabilizers Market Uv Absorbers by Country, 2020-2030, ($Million)
Table 4. Uv Light Stabilizers Market Revenue, for Hals, by Region, 2020-2030, ($Million)
Table 5. Uv Light Stabilizers Market Hals by Country, 2020-2030, ($Million)
Table 6. Uv Light Stabilizers Market Revenue, for Quenchers, by Region, 2020-2030, ($Million)
Table 7. Uv Light Stabilizers Market Quenchers by Country, 2020-2030, ($Million)
Table 8. Global Uv Light Stabilizers Market, by Application, 2020-2030, ($Million)
Table 9. Uv Light Stabilizers Market Revenue, for Floor Coating, by Region, 2020-2030, ($Million)
Table 10. Uv Light Stabilizers Market Floor Coating by Country, 2020-2030, ($Million)
Table 11. Uv Light Stabilizers Market Revenue, for Decking, by Region, 2020-2030, ($Million)
Table 12. Uv Light Stabilizers Market Decking by Country, 2020-2030, ($Million)
Table 13. Uv Light Stabilizers Market Revenue, for Automotive Coating, by Region, 2020-2030, ($Million)
Table 14. Uv Light Stabilizers Market Automotive Coating by Country, 2020-2030, ($Million)
Table 15. Uv Light Stabilizers Market Revenue, for Furniture Coating, by Region, 2020-2030, ($Million)
Table 16. Uv Light Stabilizers Market Furniture Coating by Country, 2020-2030, ($Million)
Table 17. Uv Light Stabilizers Market Revenue, for Others, by Region, 2020-2030, ($Million)
Table 18. Uv Light Stabilizers Market Others by Country, 2020-2030, ($Million)
Table 19. Uv Light Stabilizers Market, by Region, 2020-2030, ($Million)
Table 20. North America Uv Light Stabilizers Market, by Type, 2020-2030, ($Million)
Table 21. North America Uv Light Stabilizers Market, by Application, 2020-2030, ($Million)
Table 22. North America Uv Light Stabilizers Market, by Country, 2020-2030, ($Million)
Table 23. U.S. Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 24. U.S. Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 25. Canada Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 26. Canada Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 27. Mexico Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 28. Mexico Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 29. Europe Uv Light Stabilizers Market, by Type, 2020-2030, ($Million)
Table 30. Europe Uv Light Stabilizers Market, by Application, 2020-2030, ($Million)
Table 31. Europe Uv Light Stabilizers Market, by Country, 2020-2030, ($Million)
Table 32. U.K. Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 33. U.K. Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 34. Germany Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 35. Germany Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 36. France Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 37. France Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 38. Rest of Europe Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 39. Rest of Europe Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 40. Asia-Pacific Uv Light Stabilizers Market, by Type, 2020-2030, ($Million)
Table 41. Asia-Pacific Uv Light Stabilizers Market, by Application, 2020-2030, ($Million)
Table 42. Asia-Pacific Uv Light Stabilizers Market, by Country, 2020-2030, ($Million)
Table 43. China Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 44. China Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 45. Japan Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 46. Japan Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 47. India Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 48. India Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 49. South Korea Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 50. South Korea Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 51. Rest of Asia-Pacific Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 52. Rest of Asia-Pacific Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 53. LAMEA Uv Light Stabilizers Market, by Type, 2020-2030, ($Million)
Table 54. LAMEA Uv Light Stabilizers Market, by Application, 2020-2030, ($Million)
Table 55. LAMEA Uv Light Stabilizers Market, by Country, 2020-2030, ($Million)
Table 56. Latin America Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 57. Latin America Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 58. Middle East Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 59. Middle East Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 60. Africa Uv Light Stabilizers Market by Type 2020-2030, ($Million)
Table 61. Africa Uv Light Stabilizers Market by Application 2020-2030, ($Million)
Table 62. Altana Ag: Company Snapshot
Table 63. Altana Ag: Operating Segments
Table 64. Altana Ag: Product Portfolio
Table 65. Altana Ag: Net Sales
Table 66. Altana Ag: Key Stratergies
Table 67. Basf: Company Snapshot
Table 68. Basf: Operating Segments
Table 69. Basf: Product Portfolio
Table 70. Basf: Net Sales
Table 71. Basf: Key Stratergies
Table 72. Akzo Nobel N.V.: Company Snapshot
Table 73. Akzo Nobel N.V.: Operating Segments
Table 74. Akzo Nobel N.V.: Product Portfolio
Table 75. Akzo Nobel N.V.: Net Sales
Table 76. Akzo Nobel N.V.: Key Stratergies
Table 77. Solvay: Company Snapshot
Table 78. Solvay: Operating Segments
Table 79. Solvay: Product Portfolio
Table 80. Solvay: Net Sales
Table 81. Solvay: Key Stratergies
Table 82. Lanxess: Company Snapshot
Table 83. Lanxess: Operating Segments
Table 84. Lanxess: Product Portfolio
Table 85. Lanxess: Net Sales
Table 86. Lanxess: Key Stratergies
Table 87. Clariant: Company Snapshot
Table 88. Clariant: Operating Segments
Table 89. Clariant: Product Portfolio
Table 90. Clariant: Net Sales
Table 91. Clariant: Key Stratergies
Table 92. Everlights: Company Snapshot
Table 93. Everlights: Operating Segments
Table 94. Everlights: Product Portfolio
Table 95. Everlights: Net Sales
Table 96. Everlights: Key Stratergies
Table 97. Mayzo: Company Snapshot
Table 98. Mayzo: Operating Segments
Table 99. Mayzo: Product Portfolio
Table 100. Mayzo: Net Sales
Table 101. Mayzo: Key Stratergies
Table 102. Valtris Specialty Chemicals: Company Snapshot
Table 103. Valtris Specialty Chemicals: Operating Segments
Table 104. Valtris Specialty Chemicals: Product Portfolio
Table 105. Valtris Specialty Chemicals: Net Sales
Table 106. Valtris Specialty Chemicals: Key Stratergies
Table 107. Lycus: Company Snapshot
Table 108. Lycus: Operating Segments
Table 109. Lycus: Product Portfolio
Table 110. Lycus: Net Sales
Table 111. Lycus: Key Stratergies
LIST OF FIGURES
Figure 1. UV Light Stabilizers Market Segmentation
Figure 2. UV Light Stabilizers Market, 2020-2030
Figure 3. UV Light Stabilizers Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. UV Light Stabilizers Market:Drivers, Restraints and Opportunities
Figure 11. UV Light Stabilizers Market, by Type, 2020 (%)
Figure 12. Comparative Share Analysis of UV Absorbers UV Light Stabilizers Market, 2020-2030 (%)
Figure 13. Comparative Share Analysis of Hals UV Light Stabilizers Market, 2020-2030 (%)
Figure 14. Comparative Share Analysis of Quenchers UV Light Stabilizers Market, 2020-2030 (%)
Figure 15. UV Light Stabilizers Market, by Application, 2020 (%)
Figure 16. Comparative Share Analysis of Floor Coating UV Light Stabilizers Market, 2020-2030 (%)
Figure 17. Comparative Share Analysis of Decking UV Light Stabilizers Market, 2020-2030 (%)
Figure 18. Comparative Share Analysis of Automotive Coating UV Light Stabilizers Market, 2020-2030 (%)
Figure 19. Comparative Share Analysis of Furniture Coating UV Light Stabilizers Market, 2020-2030 (%)
Figure 20. Comparative Share Analysis of Others UV Light Stabilizers Market, 2020-2030 (%)
Figure 21. UV Light Stabilizers Market by Region, 2020
Figure 22. U.S. UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 23. Canada UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 24. Mexico UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 25. U.K. UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 26. Germany UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 27. France UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 28. Rest of Europe UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 29. China UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 30. Japan UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 31. India UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 32. South Korea UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 33. Rest of Asia-Pacific UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 34. Latin America UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 35. Middle East UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 36. Africa UV Light Stabilizers Market, 2020-2030 ($Million)
Figure 37. Top Winning Strategies, by Year
Figure 38. Top Winning Strategies, by Development
Figure 39. Top Winning Strategies, by Company
Figure 40. Product Mapping of Top 10 Players
Figure 41. Competitive Dashboard
Figure 42. Competitive Heatmap of Top 10 Key Players
Figure 43. Altana AG.: Net Sales, ($Million)
Figure 44. Basf.: Net Sales, ($Million)
Figure 45. Akzo Nobel N.V. Net Sales, ($Million)
Figure 46. Solvay.: Net Sales, ($Million)
Figure 47. Lanxess.: Net Sales, ($Million)
Figure 48. Clariant.: Net Sales, ($Million)
Figure 49. Everlights.: Net Sales, ($Million)
Figure 50. Mayzo.: Net Sales, ($Million)
Figure 51. Valtris Specialty Chemicals.: Net Sales, ($Million)
Figure 52. Lycus.: Net Sales, ($Million)

Executive Summary

Increase in level of UV radiation leads to degradation of materials such as plastics and wood. UV light stabilizers are used as coating substrates that minimize the harmful effect of UV radiation. UV absorbers, hindered amine light stabilizers (HALS), and quenchers have significant applications such as coating substrates for flooring, decking, furniture, and interior & exterior parts of automobiles. In addition, UV light stabilizers industry have found increased application across packaging industry and in agricultural tapes & films. The HALS segment constituted 74% of the overall UV light stabilizers market growth by value, on account of large adoption base and usability in varied applications. HALS are preferred over other stabilizers, owing to their longer shelf life, thus boosting the HALS market during the forecast period. UV absorbers, currently occupying 23% of the total market, are witnessing increased adoption on account of their cost-effectiveness, but they can be useful only for short-term exposure. Hydroxyl-benzo-phenone and hydroxyl-phenyl-benzotriazole are the most preferred UV absorbers since they are suitable for neutral or transparent applications.

UV light stabilizers are mostly used in floor coating and decking applications to protect the floors and decks from the harmful effects of UV radiation. In 2020, the floor coating segment was the highest revenue generator in the overall UV light stabilizers market share, owing to the extensive usage of UV light stabilizers for all kinds of flooring.

According to UV light stabilizers market trends, Asia-Pacific dominates the global UV light stabilizers market size, followed by Europe and North America. The boom in construction and automobile industries and increase in utilization of plastics in Asia-Pacific have contributed to the highest market share of the region. The ongoing infrastructure developments in Asia-Pacific are anticipated to boost the growth of the UV stabilizer market growth during the forecast period.

COVID-19 Impact

The COVID-19 pandemic has adversely impacted the UV light stabilizers market forecast as huge workforce of enterprises across the globe is working from home. This led to decline in tourism, which, in turn, reduced the demand for light stabilizers. Although the COVID-19 pandemic has forced field work of several major projects to halt temporarily, the market is expected to remain robust with cumulative number of shipments being marginally unaffected in the next three-year period from 2020. New projects throughout the world have been stalled, which, in turn, have affected the demand in several industries, including manufacturing, industrial, and retail. Although market players faced minimal impact on procuring raw materials, as time and shipping costs are still major concerns. Moreover, rise in investments in development of smart cities has gained importance during the pandemic. Subsequently, demand for UV light stabilizers is anticipated to gain momentum post-pandemic. Key market players focus on positioning their companies for a strong recovery post pandemic. Market players have meticulously planned to strengthen their supply chain to benefit from post-pandemic opportunities. They further focus on availing additional opportunities with expanded market usage of UV light stabilizers technology, owing to price considerations and additional display offerings using micro-lenses. Hence, market players are anticipated to boost the UV light stabilizers market analysis from various opportunities generated post-pandemic. Although COVID-19 had a major negative impact on growth of the UV light stabilizers market outlook, the outbreak of COVID-19 is expected to provide numerous opportunities for market growth during the forecast period.

Companies Mentioned

  • altana ag
  • BASF
  • Akzo Nobel N.V.
  • solvay
  • Lanxess
  • clariant
  • everlights
  • Mayzo
  • valtris specialty chemicals
  • LYCUS

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages235
PublishedMarch 2022
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 462.9 million
Forecasted Market Value ( USD ) by 2030 $ 871.5 million
Compound Annual Growth Rate6.5%
Regions CoveredGlobal
No. of Companies Mentioned10

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