Global Polymer Stabilizer Market 2018-2022

Overview of the polymer stabilizer market

Technavio’s market research analysts have identified the increasing demand for light stabilizers in polymers and plastics as one of the primary factors that will trigger the growth of the polymer stabilizer market in the coming years. UV radiation in plastics causes degradation owing to photo-oxidative process and therefore, light stabilizers are extensively utilized to prevent degradation of plastics and other materials. The photo-oxidative process causes decline of mechanical properties, changes in appearance, and the formation of visible defects such as cracks. Light stabilizers are of two different types like UV absorbers and HALS. UV absorber aids in absorbing harmful UV radiation whereas HALS acts as light stabilizers which looks for radical intermediates in the photo-oxidation process. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 5% by 2022.

The growth of new products is one of the key trends in the polymer stabilizer market. To reduce the manufacturing and operating cost of polymer stabilizers, the major vendors are investing heavily on R&D. The polymer stabilizer manufacturers are depending on new product innovations to sustain the competitive environment in the market. New light stabilizers have been introduced by BASF for wood and metal coatings. BASF has launches five Tinuvin products, namely Tinuvin 123-DW (N), Tinuvin 477-DW (N), Tinuvin 9945-DW (N), Tinuvin 400-DW (N), and Tinuvin 5333-DW (N).

Companies covered

The polymer stabilizer market is highly fragmented due to the presence of several players. This industry research report provides an in-depth analysis of the competitive environment among polymer stabilizer manufacturers. Moreover, the report also suggests areas the vendors should focus on to sustain the competitive environment of this global market.

The report includes an analysis of a number of companies in this marketspace including -

• Akzo Nobel
• BASF
• Clariant
• Evonik Industries
• Solvay
• SONGWON

Segmentation by type and analysis of the polymer stabilizer market

• Heat stabilizer
• Antioxidants
• Light stabilizer

The heat stabilizer segment accounted for the major share of the market during 2017. The market will continue to witness steady growth in this segment during the next few years as well and polymer stabilizer manufacturers are constantly focusing on R&D to develop new products which will help in the development of heat stabilizers.

Geographical segmentation and analysis of the polymer stabilizer market

• Americas
• APAC
• EMEA

APAC accounted for the maximum share of the market during 2017. Our analysts have predicted that the market will witness steady growth in APAC during the next five years. The growth of this region can be attributed to the improving economic conditions and availability of growth opportunities for the polymer stabilizer manufacturers.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global polymer stabilizer market?
• What are the key market trends impacting the growth of the global polymer stabilizer market?
• What are the challenges to market growth?
• Who are the key vendors in the global polymer stabilizer market?
• What are the market opportunities and threats faced by the vendors in the global polymer stabilizer market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global polymer stabilizer market?

Technavio also offers customization on reports based on specific client requirement.