Trending...
- NIUFO Examines European MiCA Regulation's Impact on Digital Asset Trading Markets
- Z-CoiL Footwear, Albuquerque's Original Spring Shoe, Steps Into ABC's Shark Tank Season Premiere
- Invisible Wounds Foundation Launches Brain Health Collaborative to Combat Traumatic Brain Injury in Service Members and Prevent Military Suicides
CHICAGO, Jan. 14, 2022 /PRNewswire/ -- According to the new market research report "UV Stabilizers Market by Type (HALS, UV Absorbers, Quenchers), Application (Automotive, Packaging, Agriculture, Building & Construction, Adhesives & Sealants), and Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2026" published by MarketsandMarkets™, is projected to reach 1.6 billion by 2026, at a CAGR of 5.6% from USD 1.3 billion in 2021.
PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122183376
Browse in-depth TOC on "UV Stabilizers Market"
332 - Tables
41 - Figures
252 - Pages
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/uv-stabilizer-market-122183376.html
The global UV Stabilizers Market is driven by the rising demand for advanced, scratch-resistant, UV-resistant, non-deteriorating, and long-term stable chemical compounds in the emerging markets of plastics, polymers, and wood components. UV stabilizers are available in different types, such as HALS, UV absorbers, and quenchers. HALS is the most common type of UV stabilizer. The increasing demand for UV stabilizers in APAC, growing demand for wood coatings in North America, and continuous product development and expansion activities undertaken by companies are the key factors for the growth of the global UV Stabilizers Market.
HALS is the largest type segment of the UV Stabilizers Market. Packaging is the largest application segment of the UV Stabilizers Market. Asia Pacific was the largest market for UV stabilizers in 2020, in terms of value.
"HALS is projected to be the fastest-growing type for UV Stabilizers Market between 2021 and 2026"
HALS does not absorb UV light; instead, it has an anti-degradation mechanism due to its catalytic nature. It is, therefore, mainly used to protect polymers from degradation under UV light exposure while providing higher durability and long shelf life compared to other stabilizers. The growth can be attributed to the increasing demand from applications, such as polyolefin films and thin and thick sections of polymers, including injection molding, extrusion, and blow molding. The non-degradability, long-term UV protection, durability, and high performance of HALS govern the market growth.
More on illi News
"Packaging segment is projected to be the fastest-growing application for UV Stabilizers Market between 2021 and 2026."
Packaging includes sub-applications, such as beverage packaging, food packaging, consumer goods, and industrial packaging products. The increasing disposable income and changing consumer lifestyles have increased the use of plastics as packaging products, such as bottles, caps & closures, transport crates, containers & drums, and films. The growing demand for HALS and UV absorbers in PET bottles, food & beverage containers, and pharmaceutical packaging to protect packaging materials and their content from degradation has fueled the UV Stabilizers Market in the packaging segment
Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=122183376
"APAC is projected to be the fastest-growing region for the UV Stabilizers Market during the forecast period"
The growth in demand for non-toxic, UV-resistant, thermally stable, and environment-friendly UV stabilizer materials in the emerging economies, from the building & construction, automotive, food & beverage, packaging, and plastics industries, is the major driver of this market. The UV Stabilizers Market in APAC is expected to witness high growth during the forecast period. In APAC, China is the largest market for UV stabilizers, in terms of value, in 2020.
The key market players profiled in the report include BASF SE (Germany), Evonik Industries AG (Germany), SONGWON Industrial Co. Ltd. (South Korea), Clariant AG (Switzerland), Solvay SA (Belgium), SuqianUnitechemGroup (China), Everlight Chemical Industrial Corp. (Taiwan), Addivant (US), Valtris Specialty Chemicals Inc. (US), Mayzo, Inc. (US), and Lycus Ltd. (US). They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors
Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=122183376
Browse Adjacent Market: Specialty Chemicals Market Research Reports& consulting
Related Reports:
Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic Type (Commodity, Engineering, and High-Performance), Application (Packaging, Consumer Goods) and Region
More on illi News
https://www.marketsandmarkets.com/Market-Reports/plastic-additives-market-722.html
UV Absorbers Market by Type (Benzophenone, Benzotriazole, Triazine), Application (Plastics, Coatings, Adhesives, Personal Care), and Region (North America, Asia Pacific, Europe, South America, Middle East and Africa)
https://www.marketsandmarkets.com/Market-Reports/uv-absorber-market-39452163.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/uv-stabilizer.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/uv-stabilizer-market.asp
SOURCE MarketsandMarkets
PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122183376
Browse in-depth TOC on "UV Stabilizers Market"
332 - Tables
41 - Figures
252 - Pages
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/uv-stabilizer-market-122183376.html
The global UV Stabilizers Market is driven by the rising demand for advanced, scratch-resistant, UV-resistant, non-deteriorating, and long-term stable chemical compounds in the emerging markets of plastics, polymers, and wood components. UV stabilizers are available in different types, such as HALS, UV absorbers, and quenchers. HALS is the most common type of UV stabilizer. The increasing demand for UV stabilizers in APAC, growing demand for wood coatings in North America, and continuous product development and expansion activities undertaken by companies are the key factors for the growth of the global UV Stabilizers Market.
HALS is the largest type segment of the UV Stabilizers Market. Packaging is the largest application segment of the UV Stabilizers Market. Asia Pacific was the largest market for UV stabilizers in 2020, in terms of value.
"HALS is projected to be the fastest-growing type for UV Stabilizers Market between 2021 and 2026"
HALS does not absorb UV light; instead, it has an anti-degradation mechanism due to its catalytic nature. It is, therefore, mainly used to protect polymers from degradation under UV light exposure while providing higher durability and long shelf life compared to other stabilizers. The growth can be attributed to the increasing demand from applications, such as polyolefin films and thin and thick sections of polymers, including injection molding, extrusion, and blow molding. The non-degradability, long-term UV protection, durability, and high performance of HALS govern the market growth.
More on illi News
- Mayor Brandon Johnson Launches Protecting Chicago Website
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club
- How Rising Property Taxes Are Pushing Families Toward Foreclosure --4Closure Rescue LLC Responds
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025
- Prostate Cancer Survivor's Podcast Grows Audience And Builds Marketing Muscle
"Packaging segment is projected to be the fastest-growing application for UV Stabilizers Market between 2021 and 2026."
Packaging includes sub-applications, such as beverage packaging, food packaging, consumer goods, and industrial packaging products. The increasing disposable income and changing consumer lifestyles have increased the use of plastics as packaging products, such as bottles, caps & closures, transport crates, containers & drums, and films. The growing demand for HALS and UV absorbers in PET bottles, food & beverage containers, and pharmaceutical packaging to protect packaging materials and their content from degradation has fueled the UV Stabilizers Market in the packaging segment
Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=122183376
"APAC is projected to be the fastest-growing region for the UV Stabilizers Market during the forecast period"
The growth in demand for non-toxic, UV-resistant, thermally stable, and environment-friendly UV stabilizer materials in the emerging economies, from the building & construction, automotive, food & beverage, packaging, and plastics industries, is the major driver of this market. The UV Stabilizers Market in APAC is expected to witness high growth during the forecast period. In APAC, China is the largest market for UV stabilizers, in terms of value, in 2020.
The key market players profiled in the report include BASF SE (Germany), Evonik Industries AG (Germany), SONGWON Industrial Co. Ltd. (South Korea), Clariant AG (Switzerland), Solvay SA (Belgium), SuqianUnitechemGroup (China), Everlight Chemical Industrial Corp. (Taiwan), Addivant (US), Valtris Specialty Chemicals Inc. (US), Mayzo, Inc. (US), and Lycus Ltd. (US). They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors
Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=122183376
Browse Adjacent Market: Specialty Chemicals Market Research Reports& consulting
Related Reports:
Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic Type (Commodity, Engineering, and High-Performance), Application (Packaging, Consumer Goods) and Region
More on illi News
- CCHR, a Mental Health Watchdog Organization, Hosts Weekly Events Educating Citizens on Important Mental Health Issues
- Goat Skin Chicago Partners With Inkdnylon Custom Apparel to Strengthen Brand Growth
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience
- New Slotozilla Project Explores What Happens When the World Goes Silent
- The Two Faces of Charles D. Braun: How the Novel, Posthumously Yours, Came to Life
https://www.marketsandmarkets.com/Market-Reports/plastic-additives-market-722.html
UV Absorbers Market by Type (Benzophenone, Benzotriazole, Triazine), Application (Plastics, Coatings, Adhesives, Personal Care), and Region (North America, Asia Pacific, Europe, South America, Middle East and Africa)
https://www.marketsandmarkets.com/Market-Reports/uv-absorber-market-39452163.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/uv-stabilizer.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/uv-stabilizer-market.asp
SOURCE MarketsandMarkets
Filed Under: Business
0 Comments
Latest on illi News
- Which NFL Teams Can Rebound from Week 1? OddsTrader Breaks Down the Biggest Questions
- 5 Steps to Regain Control When You're Behind on Mortgage Payments insights from 4Closure Rescue LLC
- Apellix Deploys Breakthrough Spray-Painting Drones into Live Service Limited Beta Program Open for Advanced Contractors
- Author Charlene Wexler Earns Global Book Award for We Won't Go Back
- Chicago: Mayor Brandon Johnson Welcomes New Residents At Thrive Englewood
- HCSC Expands National Footprint for Medicare Advantage Products to 30 States
- Chicago-born 21-year-old Vidagua Founder Sells 100,000 Bottles Of Aguas Frescas In First Year
- September Career Reset - How Job Seekers Are Using WIOA to Pivot Before Year-End
- Fall Prep for Your Pond - Why September is the Best Month to Get Ready for Winter
- DivX Unveils New Educational Blog Series to Simplify MKV to MP4 Video Conversion
- CCHR: For Prevention, Families Deserve Truth From NIH Study on Psychiatric Drugs
- Sheets.Market Brings Professional Financial Model Templates to Entrepreneurs and Startups
- Webinar Announcement: Investing in the European Defense Sector—How the New Era of Uncertainty Is Redefining Investment Strategies
- AEVIGRA (AEIA) Analysis Reveals $350 Billion Counterfeit Market Driving Luxury Sector Toward Blockchain Authentication
- Brazil 021 Chicago Launches Kids' Jiu-Jitsu Program to Combat Bullying and Build Confidence
- Episode Highlight: Turning Tragedy into Purpose with Barry Adkins
- Nova Collective & Fairplay Merge to Redefine Bold, Human Learning
- AstroHermetic Launches Metaphysical Consulting to Help Organizations Unlock Hidden Insights
- Her Magic Mushroom Memoir Launches as a Binge-Worthy Novel-to-Podcast Experience
- Century Fasteners de Mexico Hires Saúl Pedraza Gómez as Regional Sales Manager in Mexico