Solvay, Phoenix Plastics and ADEKA CORPORATION are Dominating the North America UV Stabilizers Market in 2019

North America UV Stabilizers Market is expected to grow with the CAGR of 4.8% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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North America UV stabilizers market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario. The major players dealing in North America UV stabilizers market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In April 2019, ALTANA AG company expanded the BYK division and open the new site in Shanghai by investing 38 million Euro. Company have decided to increase the production of BYK division to fulfil the demand in the Brazil market. This development has helped the company to increase the revenue in future.

Solvay is the dominating player in North America UV stabilizers market. The other key players in the market are KNV Chemicals Inc., Ampacet Corporation, Phoenix Plastics, Everlight Chemical Industrial Co., Valtris Specialty Chemicals, ADEKA CORPORATION, Lycus Ltd., Addivant, ALTANA AG, SONGWON, Evonik Industries AG, LANXESS, BASF SE, Clariant, and RIVERDALE GLOBAL LLC among others.

North America UV Stabilizers Market Solvay

Solvay is headquartered in Brussels, Belgium and founded in 1863. The company is engaged in the production of innovative solutions, chemicals and materials which has wide range of application in various sectors such as automotive and plastic industries. The company have business segment advanced materials, advanced formulations, performance chemicals out of which advanced materials is focused category. The company have wide product category solutions by market, chemical categories and brands out of which our focused product category is brands.

The company has a wide global presence such as North America, Europe and South America and earn revenue with the subsidiaries named RHODIA Italia S.p.a. (Italy), Rhodia Brasil Ltda. (Brazil), Rhodia (china) Co. Ltd. (China), Rhodia Singapore Pte Ltd (Singapore), Rhodia Silica Korea Co., Ltd.(Korea) among others.

  • In July 2020, Solvay company have entered into the partnership with Richland Capital to advance materials and manufacturing innovation with technology start-ups in China which has increased the production and global presence of the company. This development has helped the company to generate more revenue in the near future.

 Phoenix Plastics

Phoenix Plastics is headquartered in Texas, U.S. and it was founded in year 1996 as private ownership. The company is engaged in the manufacturing of masterbatch additives and other plastic additives which are used in the coating of the plastic products. The company offers wide range of product categories such as purging agents, chemical foaming agents, process aids, stabilizers, violatile corrosion inhibitor, antimicrobial, essential oils, degradable additives and flame retardants under which stabilizers is market focused category.

The company has presence in North America.

  • In 2007 June, Phoenix Plastics has decided to expand hid business with adding 10,000 square foot in the plant for the production of the additives. This development has helped the company to increase production and revenue on a larger scale of the company.

 ADEKA CORPORATION

ADEKA CORPORATION is headquartered in Tokyo, Japan and founded in 1917 with public ownership. The company is engaged in the manufacturing of inorganic and organic intermediate products to the fine chemical products such as additives for plastics, high performance materials for semiconductors and digital appliances. The company have business segment which are Chemicals (Polymer Additives, Electronics and IT Materials, Functional Chemicals), Food Products and Life Science out of which Chemicals (Polymer Additives) is market focused category. . The company has product category which are Chemical Products, Food Products out of which Chemical Products is market focused segment.

The company has a wide global presence in Asia-Pacific, Europe and North America. Company have several subsidiaries from revenue is generated which are Nihon Nohyaku (Japan), Adeka Korea Corporation (Korea), Amfine Chemical Corporation (U.S.), Adeka Asia Pte.ltd (China), Chang Chiang Chemical Co., Ltd (Taiwan), ADEKA Clean Aid Corporation (Japan) many others.

  • In 2019 December, ADEKA CORPORATION participated in Plastivision Exhibition, at Mumbai, India. With going in exhibition company was able to increase the customer reach and able to show new plastic products in the exhibition. This development helps the company to increase revenue in near future.