Market Overview:
The global UV light stabilizer 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 light stabilizers from floor coating, automotive coating, furniture coating, and other applications. In terms of type, benzotriazole is expected to be the fastest-growing segment during the forecast period. This can be attributed to its properties such as high stability against heat and weathering conditions. In terms of region, Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
A UV light stabilizer is a chemical compound that is added to plastics and other materials in order to protect them from the sun's ultraviolet radiation. The importance of using a UV light stabilizer is that it helps to prevent the material from becoming brittle, faded, or yellowed over time.
Benzotriazole:
Benzotriazole (BTA) is an organic compound, which is also known as 1-4 benzoxazolbenzene. It has a triazole ring with the chemical formula C6H5N3. Benzotriazole is a white crystalline solid and has an odor similar to that of fresh cut grass.
Aniline Oxalate:
Aniline oxalate is a chemical compound derived from aniline. It has a strong odor similar to garlic and tastes slightly sweet. Aniline oxalate is used as an intermediate in the production of chemicals such as dimethyloxalyl chloride, diethyloxALe, methylene chloride, ethylene dichloride and propylene glycol among others.
Application Insights:
The market is segmented on the basis of application into floor coating, automotive coating, furniture coating, and others. The automotive sector accounted for a major share in 2017 owing to increasing demand for UV light stabilizers in this industry. The growing importance of UV stabilizers as an antioxidant and anti-corrosion agent has been driving their demand in the automobile sector over the past few years.
The other applications include personal care products such as hair spray cans and cosmetics where UV absorbers are used to protect ingredients against degradation caused by ultra-violet rays from sunlight or tanning lamps. Increasing awareness regarding skin health among consumers is expected to have a positive impact on product demand over the forecast period.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 35% of global demand in 2016 owing to high product penetration and rising automotive production across emerging economies, such as China, India, Thailand, Indonesia among others. Increasing UV light stabilizer consumption from end-use industries coupled with growing consumer awareness regarding protection from harmful rays is anticipated to drive growth over the forecast period.
North America emerged as one of the major consumers due to increasing demand for sun care products along with growing concerns about skin cancer and other health issues associated with exposure to ultra-violet radiation sources such as solar radiation or tanning beds. Rising consumer spending on beauty products that contain UV filters has also fueled regional growth since 2012 which is further expected to boost industry size through 2030 time frame.
Europe was valued at USD X million in 2017 owing both volume.
Growth Factors:
- Increasing demand for UV light stabilizers from the automotive industry as a result of stringent regulations on emissions.
- Growing demand for UV light stabilizers in Asia Pacific due to the increasing awareness about sun protection and rising disposable income.
- Rising demand for UV light stabilizers from the construction industry due to growing awareness about the need for protection against harmful ultraviolet radiation.
- Increasing use of UV light stabilizers in plastics and textiles industries to improve product quality and durability respectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Light Stabilizer Market Research Report
By Type
Benzotriazole, Aniline Oxalate, Benzophenone
By Application
Floor Coating, Automotive Coating, Furniture Coating, Other
By Companies
BASF, AkzoNobel, BYK, Valtris, Clariant, Cytec, Mayzo, Lycus
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global UV Light Stabilizer Market Report Segments:
The global UV Light Stabilizer market is segmented on the basis of:
Types
Benzotriazole, Aniline Oxalate, Benzophenone
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
Floor Coating, Automotive Coating, Furniture Coating, Other
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
- AkzoNobel
- BYK
- Valtris
- Clariant
- Cytec
- Mayzo
- Lycus
Highlights of The UV Light 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:
- Benzotriazole
- Aniline Oxalate
- Benzophenone
- By Application:
- Floor Coating
- Automotive Coating
- Furniture Coating
- Other
- 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 Light 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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?
UV light stabilizer is a chemical that helps to prevent the deterioration of UV-sensitive materials.
Some of the key players operating in the uv light stabilizer market are BASF, AkzoNobel, BYK, Valtris, Clariant, Cytec, Mayzo, Lycus.
The uv light stabilizer 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. UV Light Stabilizer 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. UV Light Stabilizer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. UV Light Stabilizer Market - Supply Chain
4.5. Global UV Light Stabilizer Market Forecast
4.5.1. UV Light Stabilizer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. UV Light Stabilizer Market Size (000 Units) and Y-o-Y Growth
4.5.3. UV Light Stabilizer Market Absolute $ Opportunity
5. Global UV Light Stabilizer 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. UV Light Stabilizer Market Size and Volume Forecast by Type
5.3.1. Benzotriazole
5.3.2. Aniline Oxalate
5.3.3. Benzophenone
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global UV Light Stabilizer 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. UV Light Stabilizer Market Size and Volume Forecast by Application
6.3.1. Floor Coating
6.3.2. Automotive Coating
6.3.3. Furniture Coating
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global UV Light Stabilizer 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. UV Light Stabilizer 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 UV Light Stabilizer 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. UV Light Stabilizer 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 UV Light Stabilizer Demand Share Forecast, 2019-2026
9. North America UV Light Stabilizer 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 UV Light Stabilizer 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 UV Light Stabilizer Market Size and Volume Forecast by Application
9.4.1. Floor Coating
9.4.2. Automotive Coating
9.4.3. Furniture Coating
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America UV Light Stabilizer Market Size and Volume Forecast by Type
9.7.1. Benzotriazole
9.7.2. Aniline Oxalate
9.7.3. Benzophenone
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 UV Light Stabilizer Demand Share Forecast, 2019-2026
10. Latin America UV Light Stabilizer 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 UV Light Stabilizer 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 UV Light Stabilizer Market Size and Volume Forecast by Application
10.4.1. Floor Coating
10.4.2. Automotive Coating
10.4.3. Furniture Coating
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America UV Light Stabilizer Market Size and Volume Forecast by Type
10.7.1. Benzotriazole
10.7.2. Aniline Oxalate
10.7.3. Benzophenone
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 UV Light Stabilizer Demand Share Forecast, 2019-2026
11. Europe UV Light Stabilizer 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 UV Light Stabilizer 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 UV Light Stabilizer Market Size and Volume Forecast by Application
11.4.1. Floor Coating
11.4.2. Automotive Coating
11.4.3. Furniture Coating
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe UV Light Stabilizer Market Size and Volume Forecast by Type
11.7.1. Benzotriazole
11.7.2. Aniline Oxalate
11.7.3. Benzophenone
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 UV Light Stabilizer Demand Share, 2019-2026
12. Asia Pacific UV Light Stabilizer 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 UV Light Stabilizer 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 UV Light Stabilizer Market Size and Volume Forecast by Application
12.4.1. Floor Coating
12.4.2. Automotive Coating
12.4.3. Furniture Coating
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific UV Light Stabilizer Market Size and Volume Forecast by Type
12.7.1. Benzotriazole
12.7.2. Aniline Oxalate
12.7.3. Benzophenone
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 UV Light Stabilizer Demand Share, 2019-2026
13. Middle East & Africa UV Light Stabilizer 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 UV Light Stabilizer 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 UV Light Stabilizer Market Size and Volume Forecast by Application
13.4.1. Floor Coating
13.4.2. Automotive Coating
13.4.3. Furniture Coating
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa UV Light Stabilizer Market Size and Volume Forecast by Type
13.7.1. Benzotriazole
13.7.2. Aniline Oxalate
13.7.3. Benzophenone
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 UV Light Stabilizer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global UV Light Stabilizer Market: Market Share Analysis
14.2. UV Light Stabilizer Distributors and Customers
14.3. UV Light Stabilizer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AkzoNobel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BYK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Valtris
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Clariant
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cytec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mayzo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lycus
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
