Market Overview:
The global plastic stabilizer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic stabilizers from various end-use industries, such as packaging, automotive, electrical & electronics, and others. In addition, the growing awareness about the benefits of using plastic stabilizers is also contributing to the growth of this market. Based on type, the global plastic stabilizer market can be segmented into heat stabilizer, antioxidant, light stabilizer and others. Heat stabilizers are used to improve heat resistance and thermal stability in plastics products subjected to high temperatures during processing or use; whereas antioxidants are used as additives in plastics products that need protection against oxidative degradation caused by sunlight or air pollutants. Light stablilzers are used for protection against photo-oxidation (degradation caused by light). Others include flame retardants and antistatic agents among others. Based on application, the global plastic stablilzer market can be segmented into packaging,, building & construction,, automotive,, consumer goods,, electrical & electronics,, agricultureand others,.
Product Definition:
Plastic stabilizer is a polymer that is used to improve the stability of plastics. It can be added during the manufacturing process or added as a coating.
Heat Stabilizer:
A heat stabilizer is a chemical compound that is added to plastic resin during the manufacturing process to prevent or slow down the reaction caused by processing temperature changes. The most commonly used heat stabilizers are sodium hydroxide and calcium hydroxide.
The global plastics market has been witnessing strong growth over the past few years on account of increasing demand from various end-use industries including construction, automotive, packaging, electrical & electronics and consumer goods among others.
Antioxidant:
Antioxidants are chemicals that prevent the oxidation of other compounds. Oxidation is a chemical reaction where free radicals are produced which can damage cell structure and cause cancer. Antioxidants prevent or delay the oxidation of other compounds by reacting with them in order to protect cells, DNA, fats, and proteins from damage caused by free radicals.
Application Insights:
The packaging application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The stabilizers are used in various packaging products such as polyethylene terephthalate (PET), polycarbonate (PC) and others on account of their excellent properties including transparency, flexibility, low moisture absorption, high temperature stability & strength and durability. These additives also help reduce flammable hazards by lowering gas permeability & fire risk index.
Building & construction was the second largest application segment accounting for a volume share of 21% in 2017 owing to increasing demand from end-use industries such as electrical appliances industry for which these additives are used as an essential raw material source. In addition to this growth driver, there are other factors that contribute significantly towards product demand such as regulations encouraging energy-efficient building materials coupled with rising environmental concerns regarding landfill sites will further boost industry growth over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and has been witnessing rapid growth in urbanization, which is likely to boost product demand from packaging, automotive, construction as well as consumer goods applications.
China emerged as a prominent market with more than 30% of global plastic stabilizer consumption in 2017. Rising disposable income coupled with growing awareness regarding health & safety issues owing to traffic congestion has resulted into increased sales of vehicles; thus positively influencing industry growth over the projected period.
Europe accounted for more than 20% share of global revenue in 2017 on account of rising product demand from end-use industries such as electrical & electronics, packaging and building & construction coupled with stringent regulations about environment protection adopted by various countries such as Germany, France among others are expected to drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand from end-use industries: The global plastic stabilizer market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Rising awareness about environmental concerns: The growth of the global plastic stabilizer market is also attributed to the rising awareness about environmental concerns among consumers and manufacturers alike. This has led to an increase in the use of bio-based plastic stabilizers over traditional petrochemical based ones.
- Technological advancements: The development of new technologies that improve product performance is another key factor driving growth in this market space. For instance, recent advancements in nanotechnology have led to the introduction of novel nanocellulose based plastic stabilizers that offer better performance than traditional products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Stabilizer Market Research Report
By Type
Heat Stabilizer, Antioxidant, Light Stabilizer, Others
By Application
Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, Others
By Companies
BASF SE (Germany), Songwon Industrial Co., Ltd (South Korea), Clariant AG (Switzerland), Akzo Nobel N.V (the Netherlands), Evonik Industries AG (Germany), ADEKA CORPORATION (Japan), Solvay SA (Belgium), INDOFIL INDUSTRIES LIMITED (India), Bruggemann Group (Germany), Baerlocher GmbH (Germany)
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Stabilizer Market Report Segments:
The global Plastic Stabilizer market is segmented on the basis of:
Types
Heat Stabilizer, Antioxidant, Light Stabilizer, 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
Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, Others
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 SE (Germany)
- Songwon Industrial Co., Ltd (South Korea)
- Clariant AG (Switzerland)
- Akzo Nobel N.V (the Netherlands)
- Evonik Industries AG (Germany)
- ADEKA CORPORATION (Japan)
- Solvay SA (Belgium)
- INDOFIL INDUSTRIES LIMITED (India)
- Bruggemann Group (Germany)
- Baerlocher GmbH (Germany)
Highlights of The Plastic Stabilizer 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:
- Heat Stabilizer
- Antioxidant
- Light Stabilizer
- Others
- By Application:
- Packaging
- Building & Construction
- Automotive
- Consumer Goods
- Electrical & Electronics
- Agriculture
- Others
- 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 Plastic Stabilizer 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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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?
Plastic stabilizer is a type of additive that helps to keep plastic materials from becoming brittle or breaking. It can be used in products such as food packaging, toys, and other consumer goods.
Some of the major companies in the plastic stabilizer market are BASF SE (Germany), Songwon Industrial Co., Ltd (South Korea), Clariant AG (Switzerland), Akzo Nobel N.V (the Netherlands), Evonik Industries AG (Germany), ADEKA CORPORATION (Japan), Solvay SA (Belgium), INDOFIL INDUSTRIES LIMITED (India), Bruggemann Group (Germany), Baerlocher GmbH (Germany).
The plastic stabilizer 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 Plastic Stabilizer 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 Plastic Stabilizer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic Stabilizer 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 Plastic Stabilizer 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 Plastic Stabilizer Market Size & Forecast, 2018-2028
4.5.1 Plastic Stabilizer Market Size and Y-o-Y Growth
4.5.2 Plastic Stabilizer Market Absolute $ Opportunity
Chapter 5 Global Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Type
5.2.1 Heat Stabilizer
5.2.2 Antioxidant
5.2.3 Light Stabilizer
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Building & Construction
6.2.3 Automotive
6.2.4 Consumer Goods
6.2.5 Electrical & Electronics
6.2.6 Agriculture
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Stabilizer 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 Plastic Stabilizer 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 Plastic Stabilizer Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Type
9.6.1 Heat Stabilizer
9.6.2 Antioxidant
9.6.3 Light Stabilizer
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 Plastic Stabilizer Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Building & Construction
9.10.3 Automotive
9.10.4 Consumer Goods
9.10.5 Electrical & Electronics
9.10.6 Agriculture
9.10.7 Others
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 Plastic Stabilizer Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Type
10.6.1 Heat Stabilizer
10.6.2 Antioxidant
10.6.3 Light Stabilizer
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 Plastic Stabilizer Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Building & Construction
10.10.3 Automotive
10.10.4 Consumer Goods
10.10.5 Electrical & Electronics
10.10.6 Agriculture
10.10.7 Others
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 Plastic Stabilizer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Type
11.6.1 Heat Stabilizer
11.6.2 Antioxidant
11.6.3 Light Stabilizer
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 Plastic Stabilizer Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Building & Construction
11.10.3 Automotive
11.10.4 Consumer Goods
11.10.5 Electrical & Electronics
11.10.6 Agriculture
11.10.7 Others
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 Plastic Stabilizer Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Stabilizer 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 Plastic Stabilizer Market Size Forecast by Type
12.6.1 Heat Stabilizer
12.6.2 Antioxidant
12.6.3 Light Stabilizer
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 Plastic Stabilizer Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Building & Construction
12.10.3 Automotive
12.10.4 Consumer Goods
12.10.5 Electrical & Electronics
12.10.6 Agriculture
12.10.7 Others
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) Plastic Stabilizer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Stabilizer 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) Plastic Stabilizer Market Size Forecast by Type
13.6.1 Heat Stabilizer
13.6.2 Antioxidant
13.6.3 Light Stabilizer
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) Plastic Stabilizer Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Building & Construction
13.10.3 Automotive
13.10.4 Consumer Goods
13.10.5 Electrical & Electronics
13.10.6 Agriculture
13.10.7 Others
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 Plastic Stabilizer Market: Competitive Dashboard
14.2 Global Plastic Stabilizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE (Germany)
14.3.2 Songwon Industrial Co., Ltd (South Korea)
14.3.3 Clariant AG (Switzerland)
14.3.4 Akzo Nobel N.V (the Netherlands)
14.3.5 Evonik Industries AG (Germany)
14.3.6 ADEKA CORPORATION (Japan)
14.3.7 Solvay SA (Belgium)
14.3.8 INDOFIL INDUSTRIES LIMITED (India)
14.3.9 Bruggemann Group (Germany)
14.3.10 Baerlocher GmbH (Germany)
