Market Overview:
The global ultraviolet light absorber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ultraviolet light absorbers from various applications such as plastics, coatings, adhesives, personal care and others. In terms of type, benzophenone is expected to lead the global ultraviolet light absorber market during the forecast period due to its properties such as high UV absorption and thermal stability.
Product Definition:
Ultraviolet light absorber is a material that absorbs ultraviolet radiation. It is often used in sunscreen to protect the skin from the sun's harmful UV rays.
Benzophenone:
Benzophenone is a chemical compound and an organic compound. Benzophenone has the molecular formula of C6H5CH2O. It is a yellow crystalline solid and has slight aromatic odor. Benzophenone can be manufactured by several methods such as synthesis, hydrolysis, etc.
Benzotriazole:
Benzotriazole (BTA) is an organic compound, which is also known as 1-4 benzoxazine or 8-quinozoline. It has a triazolinedion and therefore it is often called as Triazole Dihydrochloride.
Application Insights:
The plastics segment dominated the global ultraviolet light absorber market in terms of revenue in 2017. UV light causes plastic materials to darken and become opaque, which interferes with the production process. Ultraviolet absorbers are used as additives during manufacturing of plastics to prevent degradation caused by exposure to sunlight and other solar radiation. The growing demand for lightweight polymer materials for automotive applications is expected to propel product demand over the forecast period.
Coatings were estimated as the second-largest application segment on account of rising product penetration in industrial & institutional coatings, architectural coatings, marine coating applications across various end-use industries such as building & construction, automotive/transportation and oil & gas among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing awareness regarding UV protection products, growing demand from end-use industries such as plastics and coatings, adhesives & sealants, personal care and others.
The presence of major manufacturers in countries such as Japan coupled with rising R&D activities by companies based in Asia Pacific is anticipated to drive growth. In addition, rapidly expanding construction industry coupled with government initiatives encouraging FDI is also likely to contribute towards regional growth.
Growth Factors:
- Increasing demand for UV light absorbers in end-use industries such as automotive, construction, and textiles due to the growing awareness about the harmful effects of UV radiation.
- Rising demand for lightweight and durable materials in automotive and construction industries.
- Growing popularity of nanotechnology-based UV light absorbers owing to their high efficiency and superior performance characteristics.
- Increasing investments by key players in R&D activities to develop innovative UV light absorber products.
- Growing demand from emerging markets such as China, India, Brazil, and Mexico due to the rising disposable income levels of consumers coupled with the increasing penetration of ultraviolet radiation into these regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultraviolet Light Absorber Market Research Report
By Type
Benzophenone, Benzotriazole, Triazine, Others
By Application
Plastics, Coatings, Adhesives, Personal Care, Others
By Companies
BASF SE (Germany), Songwon (South Korea), Clariant AG (Switzerland), Solvay S.A. (Belgium), Adeka Corporation (Japan), Addivant (US), Everlight Chemical Industrial Co (Taiwan), Milliken Chemical (US), Huntsman Corporation (US), Sabo S.p.A. (Italy), Apexical, Dalian Richfortune Chemicals Co., Ltd., Chemipro Kasei Kaisha, Ltd., Chitec Technology Co., Ltd., Valtris Specialty Chemicals, Lycus Ltd., LLC, Mayzo, Everspring Chemical Co., Ltd., Lambson Limited, MPI Chemie B.V., Tianjin Jiuri New Material Co., Ltd., Nanjing Union Rubber and Chemicals Co., Ltd., Jingmen Meifeng Chemical Co., Ltd, Double Bond Chemical Ind., Co., Ltd., 3V Sigma S.P.A.
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Ultraviolet Light Absorber Market Report Segments:
The global Ultraviolet Light Absorber market is segmented on the basis of:
Types
Benzophenone, Benzotriazole, Triazine, 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
Plastics, Coatings, Adhesives, Personal Care, 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 (South Korea)
- Clariant AG (Switzerland)
- Solvay S.A. (Belgium)
- Adeka Corporation (Japan)
- Addivant (US)
- Everlight Chemical Industrial Co (Taiwan)
- Milliken Chemical (US)
- Huntsman Corporation (US)
- Sabo S.p.A. (Italy)
- Apexical
- Dalian Richfortune Chemicals Co., Ltd.
- Chemipro Kasei Kaisha, Ltd.
- Chitec Technology Co., Ltd.
- Valtris Specialty Chemicals
- Lycus Ltd., LLC
- Mayzo
- Everspring Chemical Co., Ltd.
- Lambson Limited
- MPI Chemie B.V.
- Tianjin Jiuri New Material Co., Ltd.
- Nanjing Union Rubber and Chemicals Co., Ltd.
- Jingmen Meifeng Chemical Co., Ltd
- Double Bond Chemical Ind., Co., Ltd.
- 3V Sigma S.P.A.
Highlights of The Ultraviolet Light Absorber 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:
- Benzophenone
- Benzotriazole
- Triazine
- Others
- By Application:
- Plastics
- Coatings
- Adhesives
- Personal Care
- 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 Ultraviolet Light Absorber 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
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- Consumer Insights
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- Product & Brand Management
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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?
Ultraviolet light absorbers are materials that can reduce the amount of ultraviolet (UV) radiation that reaches a surface. This can help protect surfaces from damage, and may also improve the appearance of those surfaces.
Some of the major companies in the ultraviolet light absorber market are BASF SE (Germany), Songwon (South Korea), Clariant AG (Switzerland), Solvay S.A. (Belgium), Adeka Corporation (Japan), Addivant (US), Everlight Chemical Industrial Co (Taiwan), Milliken Chemical (US), Huntsman Corporation (US), Sabo S.p.A. (Italy), Apexical, Dalian Richfortune Chemicals Co., Ltd., Chemipro Kasei Kaisha, Ltd., Chitec Technology Co., Ltd., Valtris Specialty Chemicals, Lycus Ltd., LLC, Mayzo, Everspring Chemical Co., Ltd., Lambson Limited, MPI Chemie B.V., Tianjin Jiuri New Material Co., Ltd., Nanjing Union Rubber and Chemicals Co., Ltd., Jingmen Meifeng Chemical Co., Ltd, Double Bond Chemical Ind., Co., Ltd., 3V Sigma S.P.A..
The ultraviolet light absorber market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultraviolet Light Absorber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ultraviolet Light Absorber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultraviolet Light Absorber Market - Supply Chain
4.5. Global Ultraviolet Light Absorber Market Forecast
4.5.1. Ultraviolet Light Absorber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultraviolet Light Absorber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultraviolet Light Absorber Market Absolute $ Opportunity
5. Global Ultraviolet Light Absorber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ultraviolet Light Absorber Market Size and Volume Forecast by Type
5.3.1. Benzophenone
5.3.2. Benzotriazole
5.3.3. Triazine
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultraviolet Light Absorber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ultraviolet Light Absorber Market Size and Volume Forecast by Application
6.3.1. Plastics
6.3.2. Coatings
6.3.3. Adhesives
6.3.4. Personal Care
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultraviolet Light Absorber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ultraviolet Light Absorber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ultraviolet Light Absorber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ultraviolet Light Absorber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ultraviolet Light Absorber Demand Share Forecast, 2019-2026
9. North America Ultraviolet Light Absorber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ultraviolet Light Absorber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ultraviolet Light Absorber Market Size and Volume Forecast by Application
9.4.1. Plastics
9.4.2. Coatings
9.4.3. Adhesives
9.4.4. Personal Care
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultraviolet Light Absorber Market Size and Volume Forecast by Type
9.7.1. Benzophenone
9.7.2. Benzotriazole
9.7.3. Triazine
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ultraviolet Light Absorber Demand Share Forecast, 2019-2026
10. Latin America Ultraviolet Light Absorber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ultraviolet Light Absorber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ultraviolet Light Absorber Market Size and Volume Forecast by Application
10.4.1. Plastics
10.4.2. Coatings
10.4.3. Adhesives
10.4.4. Personal Care
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultraviolet Light Absorber Market Size and Volume Forecast by Type
10.7.1. Benzophenone
10.7.2. Benzotriazole
10.7.3. Triazine
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ultraviolet Light Absorber Demand Share Forecast, 2019-2026
11. Europe Ultraviolet Light Absorber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ultraviolet Light Absorber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ultraviolet Light Absorber Market Size and Volume Forecast by Application
11.4.1. Plastics
11.4.2. Coatings
11.4.3. Adhesives
11.4.4. Personal Care
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultraviolet Light Absorber Market Size and Volume Forecast by Type
11.7.1. Benzophenone
11.7.2. Benzotriazole
11.7.3. Triazine
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections byType
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ultraviolet Light Absorber Demand Share, 2019-2026
12. Asia Pacific Ultraviolet Light Absorber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ultraviolet Light Absorber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ultraviolet Light Absorber Market Size and Volume Forecast by Application
12.4.1. Plastics
12.4.2. Coatings
12.4.3. Adhesives
12.4.4. Personal Care
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultraviolet Light Absorber Market Size and Volume Forecast by Type
12.7.1. Benzophenone
12.7.2. Benzotriazole
12.7.3. Triazine
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ultraviolet Light Absorber Demand Share, 2019-2026
13. Middle East & Africa Ultraviolet Light Absorber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ultraviolet Light Absorber Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ultraviolet Light Absorber Market Size and Volume Forecast by Application
13.4.1. Plastics
13.4.2. Coatings
13.4.3. Adhesives
13.4.4. Personal Care
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultraviolet Light Absorber Market Size and Volume Forecast by Type
13.7.1. Benzophenone
13.7.2. Benzotriazole
13.7.3. Triazine
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ultraviolet Light Absorber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ultraviolet Light Absorber Market: Market Share Analysis
14.2. Ultraviolet Light Absorber Distributors and Customers
14.3. Ultraviolet Light Absorber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF SE (Germany)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Songwon (South Korea)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Clariant AG (Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Solvay S.A. (Belgium)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adeka Corporation (Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Addivant (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Everlight Chemical Industrial Co (Taiwan)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Milliken Chemical (US)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Huntsman Corporation (US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sabo S.p.A. (Italy)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Apexical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dalian Richfortune Chemicals Co., Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chemipro Kasei Kaisha, Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Chitec Technology Co., Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Valtris Specialty Chemicals
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lycus Ltd., LLC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mayzo
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Everspring Chemical Co., Ltd.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lambson Limited
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. MPI Chemie B.V.
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
