Market Overview:
Benzotriazole type UV absorbers are organic compounds that absorb ultraviolet radiation. These absorbers are used in a variety of applications, including lens, film, coating and LCDs. The global benzotriazole type UV absorber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Some of the key factors driving the growth of this market include the increasing demand for LCD displays and rising awareness about sun protection. The global benzotriazole type UV absorber market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into UV-326, UV-327, UV-328 and others. On the basis of application, it is divided into lens, film coatings and LCDs (liquid crystal displays). The regional segments include North America (U SA), Latin America (Brazil), Europe (Germany), Asia Pacific (China)and Middle East & Africa(South Africa).
Product Definition:
Benzotriazole type UV absorbers are a group of chemicals that absorb ultraviolet radiation. They are used in many products to protect against the sun's rays, including sunscreen, cosmetics, and clothing.
UV-326:
UV- 326 is a UV absorbent developed by the collaboration of domoic acid and benzotriazole. It has been tested to have an absorption coefficient in the range of 5.1 - 5.5 (W/M) at 254 nm, which gives it an ability to absorb around 19% of incident UV radiation in comparison with other commercial compounds having a maximum absorption coefficient of 17%.
UV-327:
UV-327 is a white crystalline compound, which is soluble in water and ethanol. It has a molecular weight of 327.8 and an ionic strength of 1.2%. UV-327 absorbs in the UV range between 200nm to280nm with maximum absorption at 265 nm wavelength. The product has good solubility in organic solvents such as acetone, ethyl ether, chloroform and diethyl ether along with water and ethanol solution.
Application Insights:
The demand for the product is expected to witness a rise owing to its extensive use in manufacturing lenses, films, coatings and LCDs. The lens application segment dominated the market in 2017 and is likely to maintain its lead over the forecast period. This can be attributed to factors such as high production volume of lenses coupled with rising awareness regarding environmental issues among consumers globally.
Film emerged as another lucrative segment for benzotriazole type UV absorbers owing to increasing demand from various end-use industries including pharmaceuticals and food processing across the globe.
Regional Analysis:
North America dominated the global benzotriazole type UV absorbers market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of numerous manufacturers and suppliers coupled with high demand for consumer electronic products such as smartphones, laptops, cameras, etc. The region is expected to witness growth owing to rising concerns regarding product safety and durability resulting from exposure to ultra-violet rays from the sun or artificial sources such as electric lamps and tanning beds which leads to skin cancer risks among consumers.
Growth Factors:
- Increasing demand for UV absorbers in end-use industries such as textiles, paints and coatings, plastics, and adhesives
- Rising awareness about the harmful effects of UV radiation on human health and environment
- Growing demand for sunscreens and other personal care products that protect against UV radiation
- Technological advancements in production of benzotriazole type UV absorbers
- Stringent regulations to control environmental pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Benzotriazole Type UV Absorbers Market Research Report
By Type
UV-326, UV-327, UV-328, Others
By Application
Lens, Film, Coating, LCD(Liquid Crystal Display)
By Companies
BASF, ADEKA, Mayzo, SI Group, Clariant, SONGWON, Chemipro Kasei, Rianlon Corporation, Jiuri Chemical, Everlight Chemical, Fopia Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Benzotriazole Type UV Absorbers Market Report Segments:
The global Benzotriazole Type UV Absorbers market is segmented on the basis of:
Types
UV-326, UV-327, UV-328, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lens, Film, Coating, LCD(Liquid Crystal Display)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- ADEKA
- Mayzo
- SI Group
- Clariant
- SONGWON
- Chemipro Kasei
- Rianlon Corporation
- Jiuri Chemical
- Everlight Chemical
- Fopia Chemical
Highlights of The Benzotriazole Type UV Absorbers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- UV-326
- UV-327
- UV-328
- Others
- By Application:
- Lens
- Film
- Coating
- LCD(Liquid Crystal Display)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benzotriazole Type UV Absorbers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benzotriazole type UV absorbers are a class of chemicals that help protect skin from the sun's harmful ultraviolet (UV) radiation. These chemicals work by absorbing UV light before it can reach the skin, which helps to prevent damage to the skin and potentially cancer.
Some of the major companies in the benzotriazole type uv absorbers market are BASF, ADEKA, Mayzo, SI Group, Clariant, SONGWON, Chemipro Kasei, Rianlon Corporation, Jiuri Chemical, Everlight Chemical, Fopia Chemical.
The benzotriazole type uv absorbers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benzotriazole Type UV Absorbers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Benzotriazole Type UV Absorbers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Benzotriazole Type UV Absorbers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Benzotriazole Type UV Absorbers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Benzotriazole Type UV Absorbers Market Size & Forecast, 2020-2028
4.5.1 Benzotriazole Type UV Absorbers Market Size and Y-o-Y Growth
4.5.2 Benzotriazole Type UV Absorbers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 UV-326
5.2.2 UV-327
5.2.3 UV-328
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Lens
6.2.2 Film
6.2.3 Coating
6.2.4 LCD(Liquid Crystal Display)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benzotriazole Type UV Absorbers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benzotriazole Type UV Absorbers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 UV-326
9.6.2 UV-327
9.6.3 UV-328
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Lens
9.10.2 Film
9.10.3 Coating
9.10.4 LCD(Liquid Crystal Display)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 UV-326
10.6.2 UV-327
10.6.3 UV-328
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Lens
10.10.2 Film
10.10.3 Coating
10.10.4 LCD(Liquid Crystal Display)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 UV-326
11.6.2 UV-327
11.6.3 UV-328
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Lens
11.10.2 Film
11.10.3 Coating
11.10.4 LCD(Liquid Crystal Display)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 UV-326
12.6.2 UV-327
12.6.3 UV-328
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Lens
12.10.2 Film
12.10.3 Coating
12.10.4 LCD(Liquid Crystal Display)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 UV-326
13.6.2 UV-327
13.6.3 UV-328
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Lens
13.10.2 Film
13.10.3 Coating
13.10.4 LCD(Liquid Crystal Display)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benzotriazole Type UV Absorbers Market: Competitive Dashboard
14.2 Global Benzotriazole Type UV Absorbers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 ADEKA
14.3.3 Mayzo
14.3.4 SI Group
14.3.5 Clariant
14.3.6 SONGWON
14.3.7 Chemipro Kasei
14.3.8 Rianlon Corporation
14.3.9 Jiuri Chemical
14.3.10 Everlight Chemical
14.3.11 Fopia Chemical
