Global Ultraviolet (UV) Stabilizers Market, By Type (UV Absorber, Quenchers, HALS (Hindered Amine Light Stabilizers) and Others), Application (Coatings, Adhesives and Sealants, Plastics, and Others), End User Industry (Architectural, Agriculture, Automotive, Furniture, Packaging and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The ultraviolet (UV) stabilizers market is expected to witness market growth at a rate of 5.2% in the forecast period of 2021 to 2028. Data Bridge Market Research report on UV stabilizers market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
The rise in the aviation sector is escalating the growth of Ultraviolet (UV) stabilizers market.
Ultraviolet (UV) stabilizers are the elements that are utilized in several chemical procedures for avoiding photodegradation. This degradation happens when the UV collides bonds with any polymer. Every polymer can be influenced by external factor whether it is natural or synthetic. UV stabilizers are applied in numerous industries such as automotive, construction and building, agricultural films, and so forth. This type of stabilizer is employed in a range of polymers to prevent polymer degradation.
Major factors that are expected to boost the growth of the Ultraviolet (UV) stabilizers market in the fore cast period are the rise in the acceptance of these stabilizers by the automotive sector to improve automotive components, the developments in the Ultraviolet (UV) stabilizers for building and construction applications and the increase in the awareness amongst the population for UV repellent or Ultraviolet (UV) resistant products. furthermore, the increase in the amount of acceptance in the industrial as well as commercial applications for Ultraviolet (UV) stabilizers and rise in the incidences of greenhouse film are couple of factors that are propelling the growth of the Ultraviolet (UV) stabilizers market.
On the other hand, the high reactivity of additives’ present, particularly in the antioxidants which results in numerous problems and degradation and the rise in the VOC emissions are some of the factors anticipated to derail the growth of the UV stabilizers market in the near future.
This ultraviolet (UV) stabilizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on the ultraviolet (UV) stabilizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ultraviolet (UV) Stabilizers Market Scope and Market Size
The ultraviolet (UV) stabilizers market is segmented on the basis of type, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the ultraviolet (UV) stabilizers market is segmented into UV absorber, HALS (hindered amine light stabilizers) and others.
- On the basis of application, the ultraviolet (UV) stabilizers market is segmented into coatings, adhesives and sealants, plastics, and others. Coatings is further sub segmented into waterborne coatings, UV curable coatings, and others.
- On the basis of end user industry, the ultraviolet (UV) stabilizers market is segmented into architectural, agriculture, automotive, furniture, packaging and others. Architectural is further sub segmented into residential, and commercial. Automotive is further sub segmented into automotive interior, and automotive exterior. Furniture is further sub-segmented into outdoor furniture, and indoor furniture. Packaging is further sub segmented into beverage packaging, food packaging, and toiletries and cosmetics packaging.
Ultraviolet (UV) Stabilizers Market Country Level Analysis
The ultraviolet (UV) stabilizers market is analysed and market size, volume information is provided by country, type, application and end user industry as referenced above.
The countries covered in the Ultraviolet (UV) stabilizers market report are the 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, Israel, Egypt, South Africa, 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.
North America dominates the Ultraviolet (UV) stabilizers market due to the rise in the housing projects. Furthermore, the technological developments in the furniture and construction industries and the strict environment guidelines will further boost the growth of the Ultraviolet (UV) stabilizers market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the Ultraviolet (UV) stabilizers market due to the emerging construction and furniture application areas. Moreover, the occurrence of the major users countries which is further anticipated to propel the growth of the Ultraviolet (UV) stabilizers market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Ultraviolet (UV) Stabilizers Market Share Analysis
The ultraviolet (UV) stabilizers 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 Ultraviolet (UV) stabilizers market.
The major players covered in the Ultraviolet (UV) stabilizers market report are KNV Chemicals Inc., Ampacet Corporation, Phoenix Plastics, Chitec Technology Co., Ltd., Everlight Chemical Industrial Co., Valtris Specialty Chemicals, ADEKA CORPORATION, Lycus Ltd., Addivant, ALTANA AG, SONGWON, Evonik Industries AG, LANXESS, Solvay, BASF SE, Clariant, SABO S.p.A., Baoding Lucky Chemical CO., LTD., MPI Chemie BV RIVERDALE GLOBAL LLC, Akzo Nobel N.V., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.