Market Research Global UV Stabilizers Market Analysis 2018

The global UV stabilizers market is expected to register a significant growth during the forecast period,
2018-2023. Asia-Pacific dominated the global UV stabilizers market in 2017.
Significant Usage in Polymers
The photo degradation of polymers usually occurs during exposure to non-visible UV. This degradation
results in the deterioration of physical properties, such as loss of impact strength, changes in color,
cracking, loss of elongation, and tensile strength or chalking of the surface. The global polymer industry
is majorly driven by the automotive industry and other application industries, such as electrical &
electronics, construction, medical, consumer, and industrial. The usage of these polymers in such wide
diversified sectors is instrumental in providing the immense demand for the UV stabilizers market.
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Hindered Amine Light Stabilizers (HALS) Segment to Dominate the Market
Hindered amine light stabilizers (HALS) are highly effective for the light stabilization of polyolefin (PE, PP,
TPO, and TPE), styrenic polymers, polyamides, polyurethanes, polyacetals, adhesives, and sealants.
Hindered Amine Light Stabilizers (HALS) segment represents the largest product type, with more than
70% share of the global UV stabilizers market. Since the packaging is the largest application segment for
HALS, the increasing demand for packaging of both food-based and non-food-based products in the
Asia-Pacific, North American, and European regions is propelling the market growth.
Asia-Pacific to Dominate the Market Growth
Asia-Pacific led the global UV light stabilizers market in 2017, accounting for more than 50% of the
global market. Increasing demand for packaging materials, and coatings for furniture surfaces and
automobile parts is fueling the market in this region. A rise in the trend of polyhouse cultivation is also
driving the growth in the Asia-Pacific region.
Key Developments in the Market
September 2017: Clariant entered into a partnership with Tiangang Auxiliary Co. Ltd, a privately owned
producer and leading supplier of UV light stabilizers in China.
Major Players: Clariant, Chitec Technology Co. Ltd, Cytec Solvay Group, BASF SE, and Everlight Chemical
Industrial Co., amongst others.
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uv-stabilizers-market-segmented-by-type-application-end-user-industry-and-geography-growth-
trends-and-forecasts-2018-2023
Reasons to Purchase this Report
Identify the current and future trends in the global UV stabilizers market in the developed and emerging
markets
Analyze various perspectives of the market with the help of Porters five forces analysis
Identify the segment that is expected to dominate the market