Global Polymer Stabilizer Market – Industry Trends and Forecast to 2029

Global Polymer Stabilizer Market, By Type (Antioxidants, Heat Stabilizer, Light Stabilizer, Others), End-Use Industry (Packaging, Automotive, Building & Construction, Consumer Goods, Others) – Industry Trends and Forecast to 2029.

Polymer Stabilizer Market Analysis and Size

Polymers have been found to be vulnerable to a variety of negative environmental impacts, including oxidation, cross-linking reactions, chain scission, and other unrestrained reactions, all of which impair their desirable properties and reduce their quality. They also wear out as a result of the direct impact of ultraviolet light and heat.

Data Bridge Market Research analyses that polymer stabilizer market was valued at USD 8.35 billion in 2021 and is expected to reach the value of USD 11.97 billion by 2029, at a CAGR of 4.60% during the forecast period of 2022-2029. 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.

Polymer Stabilizer Market Scope and Segmentation

Market Definition

Polymer stabilisers are chemical compounds used as additives in the manufacture of plastic. These compounds are used to reduce polymer degradation, such as thermal degradation, UV ray damage, and oxidation. As polymers have a wide range of applications that involve exposure to various environmental conditions that cause undesirable reactions, it is critical that they be chemically stable. Polymer stabilisers are used to prevent such reactions, allowing polymer products to retain their properties for a longer period of time.

Global Polymer Stabilizer Market Dynamics

Drivers

• high penetration of plastics as an effective substitute

Plastics and polymers have recently proven to be extremely useful substitutes for traditional materials such as glass, wood, and metal. This is due to their superior characteristics, ease of use, durability, aesthetics, and cost effectiveness, which has a very positive impact on the polymer industry's growth rate. Polymer stabiliser manufacturers have recently focused on providing custom products to gain a competitive advantage. Due to their improved performance, polymer stabilisers are being used more frequently. These factors, in turn, have fuelled the global growth of the polymer stabilisers market.

• The rapid increase in polymer usage in various end user industries

The rapid increase in polymer usage in various end user industries such as packaging, electronics, automobiles, and others has fuelled the growth of the polymer stabiliser market. Polymers such as polyvinyl chloride and polycarbonate play an important role in the quality and longevity of a product. As a result, the demand for stabilisers to help these polymers maintain their form and stability rises. Polymer stabilisers improve the colours and appearance of polymers in addition to increasing the longevity of the polymeric compound.

Opportunity

Due to the increased environmental awareness, market players are investing in R&D to improve the functionality of polymer stabilisers, which is expected to contribute to the growth of the global polymer stabilisers market.

Restraints

The high cost of manufacturing stabilisers will impede the growth of the polymer stabiliser market during the forecast period.

This polymer 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 polymer 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.

COVID-19 Impact Polymer Stabilizer Market

The global market for polymer stabilizers has been severely impacted by the COVID-19 pandemic.

The COVID-19 pandemic slowed economic growth in nearly all major countries, affecting consumer spending patterns. National and international transportation have been hampered as a result of various countries' lockdowns, which have significantly impacted the supply chain of numerous industries around the world, thereby increasing the supply-demand gap. As a result, a shortage of raw materials is expected to slow the production rate of polymer stabilisers, reducing market growth. However, as governments around the world begin to relax regulations for resuming business operations, the situation is expected to improve.

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.

Global Polymer Stabilizer Market Scope

Polymer stabilizer market is segmented on the basis of type and end-use industry. The growth amongst these segments will help you analyse 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

• Antioxidants
• Primary
• Secondary
• Heat Stabilizer
• Light Stabilizer
• UV absorber
• UV quencher
• Hindered amine light stabilizer (HALS)
• Others

End user

• Packaging
• Automotive
• Building & Construction
• Consumer Goods
• Others

Polymer Stabilizer Market Regional Analysis/Insights

Polymer stabilizer market is analysed and market size insights and trends are provided by country, type and end-use industry as referenced above.

The countries covered in the polymer 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 polymer stabilizer market due to the region's growing automotive, packaging, and construction industries, as well as improved infrastructure, higher living standards, and increased construction activity.

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.   

Competitive Landscape and Polymer Stabilizer Market Share Analysis

Polymer 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 polymer stabilizer market.

Some of the major players operating in polymer stabilizer market are:

• Pau Tai Industrial Corporation (Taiwan)
• AkzoNobel N.V. (Netherlands)
• BASF SE (Germany)
• Baerlocher GmbH (Germany)
• Clariant AG (Switzerland)
• Arkema SA (France)
• Songwon Industrial Co. Ltd. (South Korea)
• Addivant USA LLC (U.S.)
• Akzo Nobel N.V. (Netherlands)
• Clariant AG (Switzerland)
• Addivant (U.S)
• Valtris Specialty Chemicals (India)
• PATCHAM(FZC) (UAE)
• Sun Ace Kakoh (Pte.) Ltd. (Singapore)
• Chemcon Speciality Chemicals Ltd. (India)
• Sun Ace (Singapore)