Market Overview:
The global UV stabilizers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for UV stabilizers from various end-use industries, such as packaging, automotive, agriculture, building & construction, adhesives & sealants, plastics and others. In terms of type, HALS (hindered amine) is expected to be the fastest-growing segment during the forecast period. This can be attributed to its properties such as high efficiency and long term stability under UV radiation. In terms of application, packaging is expected to be the largest segment during the forecast period owing to rising demand for food and beverage products that need protection against harmful ultraviolet radiation.
Product Definition:
UV stabilizers are chemicals that are added to plastics or other materials to help them resist the effects of ultraviolet radiation. UV radiation can cause materials to become brittle and fade, so adding a UV stabilizer can help keep them looking new for longer.
HALS (Hindered Amine):
HALS is a group of hindered amine, which are basic building blocks for organic light-emitting diodes (OLEDs). It's structure makes it an ideal material to use in the construction of white light LEDs. The most common application of HALS is in the formulation of yellow phosphor used in LCD and LED backlighting.
UV Absorber:
UV absorber is a chemical compound that can be used as an additive for stabilizing agents. UV absorbers are added to the formulation in order to stabilize the product against photolysis. The most common application of UV absorbers is in sunscreen products, wherein they are used as ingredients responsible for protecting skin from sunburns and premature aging caused by ultraviolet (UV) rays.
Application Insights:
The packaging segment led the global market and accounted for more than 34.0% share of the overall revenue in 2017. The demand is expected to be driven by rising applications in food, beverage, cosmetic and pharmaceutical industries. Rising consumer preference for packaged products is also likely to propel product demand over the forecast period.
Packaging products such as films, bottles and cans are exposed to various environmental conditions such as temperature & humidity changes during storage & transportation which leads to degradation of product quality resulting into shorter shelf life or durability which could have been achieved with UV absorbers used in these applications.
Rising awareness regarding personal protection against UV rays through use of sunscreen coupled with increasing spending power of consumers from European countries including Germany, France.
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 approximately 45% of global population and has been witnessing rapid urbanization, which is projected to drive product demand from construction, automotive, packaging as well as other end-use industries.
The presence of key manufacturers such as Nippon Paint Holdings Co., Ltd.; BASF SE; PPG Industries Inc.; and Sherwin-Williams Co., coupled with growing consumption in emerging economies including China, India, Indonesia among others are anticipated to augment growth over the coming years.
Europe accounted for a significant share owing to stringent regulations by REACH (Registration, Evaluation, Authorization) that have forced companies operating within this region's jurisdiction to comply with these standards or face severe consequences. This factor along with increasing R&D activities by various players will boost UV stabilizers demand across Europe during the forecast period.
Growth Factors:
- Increasing demand for UV stabilizers from end-use industries, such as construction, automotive and textiles, due to the growing awareness about the harmful effects of UV radiation.
- Rising demand for eco-friendly and non-toxic products across various end-use industries.
- Growing investments in R&D activities by leading players to develop novel and efficient UV stabilizers products.
- Increasing penetration of UV stabilizers in developing countries owing to the rising disposable income levels and growth of the middle class population.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Stabilizers Market Research Report
By Type
HALS (Hindered Amine), UV Absorber, Quenchers
By Application
Packaging, Automotive, Agriculture, Building & Construction, Adhesives & Sealants, Plastics, Others
By Companies
BASF, Songwon Industrial, Clariant, Solvay, Altana, Adeka, Addivant, Valtris Specialty Chemicals, Lycus, Mayzo, BASF
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global UV Stabilizers Market Report Segments:
The global UV Stabilizers market is segmented on the basis of:
Types
HALS (Hindered Amine), UV Absorber, Quenchers
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, Automotive, Agriculture, Building & Construction, Adhesives & Sealants, Plastics, 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
- Songwon Industrial
- Clariant
- Solvay
- Altana
- Adeka
- Addivant
- Valtris Specialty Chemicals
- Lycus
- Mayzo
- BASF
Highlights of The UV Stabilizers 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:
- HALS (Hindered Amine)
- UV Absorber
- Quenchers
- By Application:
- Packaging
- Automotive
- Agriculture
- Building & Construction
- Adhesives & Sealants
- Plastics
- 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 UV Stabilizers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
UV stabilizers are chemicals that help to protect products from the sun's harmful UV rays. They work by absorbing or reflecting UV light, which helps to keep products looking and feeling fresh for longer.
Some of the key players operating in the uv stabilizers market are BASF, Songwon Industrial, Clariant, Solvay, Altana, Adeka, Addivant, Valtris Specialty Chemicals, Lycus, Mayzo, BASF.
The uv stabilizers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV Stabilizers 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 UV Stabilizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV Stabilizers 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 UV Stabilizers 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 UV Stabilizers Market Size & Forecast, 2018-2028
4.5.1 UV Stabilizers Market Size and Y-o-Y Growth
4.5.2 UV Stabilizers Market Absolute $ Opportunity
Chapter 5 Global UV Stabilizers 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 UV Stabilizers Market Size Forecast by Type
5.2.1 HALS (Hindered Amine)
5.2.2 UV Absorber
5.2.3 Quenchers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global UV Stabilizers 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 UV Stabilizers Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Automotive
6.2.3 Agriculture
6.2.4 Building & Construction
6.2.5 Adhesives & Sealants
6.2.6 Plastics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV Stabilizers 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 UV Stabilizers 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 UV Stabilizers Analysis and Forecast
9.1 Introduction
9.2 North America UV Stabilizers 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 UV Stabilizers Market Size Forecast by Type
9.6.1 HALS (Hindered Amine)
9.6.2 UV Absorber
9.6.3 Quenchers
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 UV Stabilizers Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Automotive
9.10.3 Agriculture
9.10.4 Building & Construction
9.10.5 Adhesives & Sealants
9.10.6 Plastics
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 UV Stabilizers Analysis and Forecast
10.1 Introduction
10.2 Europe UV Stabilizers 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 UV Stabilizers Market Size Forecast by Type
10.6.1 HALS (Hindered Amine)
10.6.2 UV Absorber
10.6.3 Quenchers
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 UV Stabilizers Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Automotive
10.10.3 Agriculture
10.10.4 Building & Construction
10.10.5 Adhesives & Sealants
10.10.6 Plastics
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 UV Stabilizers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UV Stabilizers 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 UV Stabilizers Market Size Forecast by Type
11.6.1 HALS (Hindered Amine)
11.6.2 UV Absorber
11.6.3 Quenchers
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 UV Stabilizers Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Automotive
11.10.3 Agriculture
11.10.4 Building & Construction
11.10.5 Adhesives & Sealants
11.10.6 Plastics
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 UV Stabilizers Analysis and Forecast
12.1 Introduction
12.2 Latin America UV Stabilizers 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 UV Stabilizers Market Size Forecast by Type
12.6.1 HALS (Hindered Amine)
12.6.2 UV Absorber
12.6.3 Quenchers
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 UV Stabilizers Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Automotive
12.10.3 Agriculture
12.10.4 Building & Construction
12.10.5 Adhesives & Sealants
12.10.6 Plastics
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) UV Stabilizers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UV Stabilizers 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) UV Stabilizers Market Size Forecast by Type
13.6.1 HALS (Hindered Amine)
13.6.2 UV Absorber
13.6.3 Quenchers
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) UV Stabilizers Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Automotive
13.10.3 Agriculture
13.10.4 Building & Construction
13.10.5 Adhesives & Sealants
13.10.6 Plastics
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 UV Stabilizers Market: Competitive Dashboard
14.2 Global UV Stabilizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Songwon Industrial
14.3.3 Clariant
14.3.4 Solvay
14.3.5 Altana
14.3.6 Adeka
14.3.7 Addivant
14.3.8 Valtris Specialty Chemicals
14.3.9 Lycus
14.3.10 Mayzo
14.3.11 BASF
