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Ultraviolet Stabilizers Market by Type, Application, and Geography - Forecast and Analysis 2022-2026

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71929
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The ultraviolet stabilizers market share is expected to increase by USD 321.19 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.40%.

This ultraviolet stabilizers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ultraviolet stabilizers market segmentation by type (HALS, UV absorbers, and quenchers), application (flooring and decking, furniture, automotive coatings, packaging, and others), and geography (APAC, Europe, North America, South America, and MEA). The ultraviolet stabilizers market report also offers information on several market vendors, including Ampacet Corp., BASF SE, BRENNTAG SE, Clariant International Ltd., Everlight Chemical Industrial Corp., Evonik Industries AG, Lycus Ltd. LLC, Mayzo Inc., Solvay SA, and Songwon Industrial Co. Ltd. among others.

What will the Ultraviolet Stabilizers Market Size be During the Forecast Period?

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Ultraviolet Stabilizers Market: Key Drivers and Trends

The rising demand in the polymer industry is notably driving the ultraviolet stabilizers market growth, although factors such as compliance with strict safety and environmental requirements may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ultraviolet stabilizers industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ultraviolet Stabilizers Market Driver

The increasing demand in the polymer industry is one of the key factors driving the ultraviolet stabilizers market growth. Plastics and other materials when exposed to UV radiations get degraded due to the photo-oxidative process, but UV stabilizers protect these materials from degradation by absorbing the harmful radiations. Furthermore, UV radiations accelerate the fading of plastic colorants, making the polymer material often lose its physical properties and appear dull. Also, with the rising awareness about the harmful effects of UV lights on polymer the global ultraviolet stabilizers market share is expected to increase during the forecast period.

Key Ultraviolet Stabilizers Market Challenge

The need to comply with strict safe environmental requirements is one of the key challenges for the ultraviolet stabilizers market share growth. The UV stabilizers for polymers have an adverse effect on the environment due to their heavy metal content. Hence, these stabilizers are required to comply with the environmental safety regulations, and these safety measures vary from region to region. They must fulfill the safety emission standards by REACH. One such example is lead-based UV stabilizers in Europe are being replaced with calcium-zinc-based stabilizers. Thus, such regulatory, safety, and environmental requirements are expected to hinder the growth of the global ultraviolet stabilizers market during the forecast period.

This ultraviolet stabilizers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Ultraviolet Stabilizers Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Ampacet Corp.
  • BASF SE
  • BRENNTAG SE
  • Clariant International Ltd.
  • Everlight Chemical Industrial Corp.
  • Evonik Industries AG
  • Lycus Ltd. LLC
  • Mayzo Inc.
  • Solvay SA
  • Songwon Industrial Co. Ltd.

 

This statistical study of the ultraviolet stabilizers market encompasses successful business strategies deployed by the key vendors. The ultraviolet stabilizers market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ultraviolet stabilizers market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Ultraviolet Stabilizers Market?

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58% of the market’s growth will originate from APAC during the forecast period. China and South Korea (Republic of Korea) are the key markets for the ultraviolet stabilizers market in APAC. Market growth in this region will be faster than the growth of the market in the rest of the regions.

The rapid growth in the end-user industries such as cosmetics will facilitate the ultraviolet stabilizers market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Ultraviolet Stabilizers Market?

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The ultraviolet stabilizers market share growth by the HALS segment will be significant during the forecast period. These are colorless, highly efficient, and the most effective type of UV stabilizers. Hindered amine light stabilizers (HALSs) are often used in combination with UV stabilizers, ideally to protect the coatings and plastics. Furthermore, they also help in stabilizing the thermal oxidation of polymers by trapping free radicals formed during the oxidation of plastic materials. Thus, the HALS segment is expected to significantly drive the ultraviolet stabilizers market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ultraviolet stabilizers market size and actionable market insights on post COVID-19 impact on each segment.

 

Ultraviolet Stabilizers Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.40%

Market growth 2022-2026

$ 321.19 million

Market structure

Fragmented

YoY growth (%)

4.31

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 58%

Key consumer countries

China, US, Germany, South Korea (Republic of Korea), and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Ampacet Corp., BASF SE, BRENNTAG SE, Clariant International Ltd., Everlight Chemical Industrial Corp., Evonik Industries AG, Lycus Ltd. LLC, Mayzo Inc., Solvay SA, and Songwon Industrial Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Ultraviolet Stabilizers Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive ultraviolet stabilizers market growth during the next five years
  • Precise estimation of the ultraviolet stabilizers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ultraviolet stabilizers industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ultraviolet stabilizers market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Flooring and decking - Market size and forecast 2021-2026
    • Furniture - Market size and forecast 2021-2026
    • Automotive coatings - Market size and forecast 2021-2026
    • Packaging - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • HALS - Market size and forecast 2021-2026
    • UV absorbers - Market size and forecast 2021-2026
    • Quenchers - Market size and forecast 2021-2026
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • North America - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Ampacet Corp.
      • BASF SE
      • BRENNTAG SE
      • Clariant International Ltd.
      • Everlight Chemical Industrial Corp.
      • Evonik Industries AG
      • Lycus Ltd. LLC
      • Mayzo Inc.
      • Solvay SA
      • Songwon Industrial Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The ultraviolet stabilizers market growth will increase by $321.19 million during 2021-2026.
      The ultraviolet stabilizers market is expected to grow at a CAGR of 6.40% during 2021-2026.
      Technavio has segmented the ultraviolet stabilizers market by type (HALS, UV absorbers, and Quenchers) ,application (Flooring and decking, Furniture, Automotive coatings, Packaging, and Others) , and geographic (APAC, Europe, North America, South America, and MEA).
      Ampacet Corp., BASF SE, BRENNTAG SE, Clariant International Ltd., Everlight Chemical Industrial Corp., Evonik Industries AG, Lycus Ltd. LLC, Mayzo Inc., Solvay SA, Songwon Industrial Co. Ltd. are a few of the key vendors in the ultraviolet stabilizers market.
      APAC will register the highest growth rate of 58.23% among the other regions. Therefore, the ultraviolet stabilizers market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • Germany
      • South Korea (Republic of Korea)
      • France
      The key factors driving the ultraviolet stabilizers market growth are:
      • Rising demand in polymer industry
      The ultraviolet stabilizers market vendors should focus on grabbing business opportunities from the hals segment as it accounted for the largest market share in the base year.
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