Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 5,576.49 Billion |
| USD 8,176.45 Billion | |
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Global Plastic Stabilizer Market, By Type (Heat Stabilizer, Antioxidant, Light Stabilizer, Others), Material (Thermoplastic, Thermosetting, Elastomers), End User (Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, Others) – Industry Trends and Forecast to 2029.
The plastic stabilizer market is driven by the increasing significance of plastics and plastic products in several end-use industries. According to Plastics Europe, the global plastics manufacture reached 335 million tons, which 10.25% higher than the past year. The rising production of plastic is anticipated to fuel the demand of the plastic stabilizer because it alters the properties of the plastic or a polymer.
Data Bridge Market Research analyses that the plastic stabilizer market was valued at USD 5,576.49 million in 2021 and is expected to reach USD 8,176.45 million by 2029, registering a CAGR of 4.90% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Heat Stabilizer, Antioxidant, Light Stabilizer, Others), Material (Thermoplastic, Thermosetting, Elastomers), End User (Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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BASF SE (Germany), Solvay (Belgium), DOW (U.S.), LANXESS (Germany), Evonik Industries AG (Germany), Adeka Corporation (Japan), Akzo Nobel N.V. (Netherland), Covestro AG (Germany), Beijing Tiangang Auxiliary Co., Ltd (China), Chitec Technology Co., Ltd. (Taiwan), Clariant (Switzerland), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Everlight Chemical Industrial Co.(Taiwan), Mayzo, Inc. (U.S.), SABO S.p.A. (Italy), SUNSHOW (Yantai) Specialty Chemical Co., Ltd (China)
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Market Opportunities
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Market Definition
Plastic stabilizers is a type of chemical which is used for growing the plastic properties. Some of these properties are prevention of protection from high temperatures and harmful UV rays, oxidation, and chain scission at high temperature. These properties help in making the plastic more weatherable for the substrate which maintain the viscosity of the material which further helps in processing and fabrication. These properties of plastic stabilizer help to survive the product in extreme conditions such as light, heat, and humidity without any appearance changes during the service life of the product.
Drivers
Plastic stabilizer is widely used for the manufacturing of packaging products. Packaging is important as it is required to survive extreme conditions such as light, heat, and humidity without any appearance changes during the service life of the product. To attain this, the manufactures add some suitable stabilizers such as processing, antioxidants and heat stabilizers, processing aids, UV and light stabilizers and others. The growing demand of packaging product in several industries are expected to drive the growth rate of the plastic stabilizer market.
Plastic stabilizers are also extensively used in agriculture sector. Agricultural films and plastics are designed in such a way which impart properties such as extreme temperatures protection against UV radiation and chemicals. These properties are mainly required for crop protection, thus these stabilizers are used irrigation systems, mulches in greenhouses and tunnels.
Furthermore, high efficiency and plentiful availability of plastics upon integration of the stabilizer is expected to improve the market growth rate. Moreover, the growing demand of plastic products for different applications will also enhance the plastic stabilizer market growth during the forecast period of 2022-2029.
Opportunities
The development in the construction industry is expected to boost the demand of the hindered amine light stabilizers (HALS) in upcoming years. Construction is an extensive sector that involves anything from forestry, mining and quarrying to infrastructure and building construction. As per the report of American Chemistry Council, Inc., the use of plastic materials saved approximately 467.2 trillion BTU of energy as compared to other construction materials.
Moreover, the surging construction industry and investments by market players further offer numerous growth opportunities within the market. For instance, U.S. construction industry witnessed for $2600.94 billion in 2020 and is anticipated to grow to $3486.93 billion by 2025. The normal spending is nearly $1,231 billion every year in the USA construction industry Therefore, the rising demand of plastic stabilizer from construction industry are anticipated to boost the market growth rate.
Restraints/ Challenges
The global plastic stabilizer market is increasing at a high pace but due to some factor restrains the growth of the market such as increasing regulation for the use of lead in several plastic stabilizers hampers the growth of the plastic stabilizer market in the global market.
Furthermore, the increasing restrictions on using plastic based products and several campaigns regarding the ban on use of plastic restrain the growth of the plastic stabilizer market during the forecast period.
This plastic stabilizer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the plastic stabilizer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
The COVID-19 pandemic has negatively impacted the plastic stabilizer market. Government imposed strict restrictions which affected the manufacturing units to either operate partially or were forced to shut down completely. This badly affected the demand for plastic stabilizers globally. However, the successive decline in COVID-19 cases and accessibility of vaccines has led manufacturing units to operate with full capacity, reinforcing demand for plastic stabilizers and growth in the overall plastic stabilizer market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
The plastic stabilizer market is segmented on the basis of type, material and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Material
End User
The plastic stabilizer market is analysed and market size insights and trends are provided by country, type, material and end user as referenced above.
The countries covered in the plastic stabilizer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the plastic stabilizer market in terms of revenue and market share. This is due to an increase in demand for plastic stabilizers in several manufacturing industries, mainly in developing countries such as India and China.
Europe is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the establishment of assembling facilities for aircrafts in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The plastic stabilizer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to plastic stabilizer market.
Some of the major players operating in the plastic stabilizer market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Plastic Stabilizer Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Plastic Stabilizer Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.