HOME › Top Market Reports › UV Stabilizers Market by Type (HALS, UV Absorbers, and Quenchers), Application (Automotive, Packaging, Agriculture, Building & Construction, Adhesives & Sealants), Region (Asia-Pacific, North America, Europe, and RoW) - Global Forecast to 2021

UV Stabilizers Market by Type (HALS, UV Absorbers, and Quenchers), Application (Automotive, Packaging, Agriculture, Building & Construction, Adhesives & Sealants), Region (Asia-Pacific, North America, Europe, and RoW) - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: CH 4179

The global UV stabilizers market is projected to reach USD 1.51 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021. In this study, 2015 has been considered as the base year and the forecast period has been considered from 2016 to 2021 to estimate the global market of UV stabilizers. The growing demand for UV stabilizers in the Asia-Pacific region coupled with the increasing demand for packaging materials, and automotive components & coatings are expected to drive the global UV stabilizers market during the forecast period.

Objectives of the Study

To define and segment the global market for UV stabilizers on the basis of type, application, and region
To estimate and forecast the global market for UV stabilizers in terms of value & volume
To analyze significant region-specific trends of the market in Asia-Pacific, North America, Europe, and RoW
To estimate and forecast the global market for UV stabilizers based on type and application at country-level in each of region
To identify and analyze key drivers, restraints, and opportunities, and challenges influencing the UV stabilizers market
To analyze recent market developments and competitive strategies such as new product development, expansions, acquisitions, and joint ventures to draw a competitive landscape in the global market for UV stabilizers
To strategically identify and profile key market players and analyze their core competencies in each type of the global UV stabilizers market

This research study used extensive secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the global UV stabilizers market. Primary sources are mainly several industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. The bottom-up approach was employed to estimate the global market size of UV stabilizers on the basis of type, application, and region, in terms of value. The top-down approach was implemented to validate the market size, in terms of value. With the data triangulation procedure and validation of data through primary interviews, the exact values of the overall parent market and individual market sizes have been determined and confirmed in this study.

UV Stabilizers Market

To know about the assumptions considered for the study, download the pdf brochure

The UV stabilizers supply chain includes raw material manufacturers such as Oakwood Products, Inc. (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), and Ineos (Switzerland), which are the major producers of raw materials. Furthermore, products manufactured by these companies are used by UV stabilizers manufacturers. BASF SE (Germany), Songwon Industrial Co., Ltd. (South Korea), Solvay SA (Belgium), Addivant (U.S.), and Clariant AG (Switzerland) are the major manufacturers of UV stabilizers.

Target Audience:

UV stabilizers manufacturers
UV stabilizers traders, distributors, and suppliers
End-use market participants of different segments of UV stabilizers
Government and research organizations
Associations and industrial bodies
Research and consulting firms
R&D institutions
Environment support agencies
Investment banks and private equity firms

“This study answers several questions for stakeholders, primarily which market segments they need to focus on during the next two to 10 years to prioritize their efforts and investments.”

Scope of the Report:

This research report categorizes the global market for UV stabilizers based on type, application, and region, and forecasts revenue growth and provides an analysis of trends in each of the submarkets.

On the basis of Type:

HALS
UV Absorber
Quenchers

On the basis of Application:

Packaging
Automotive
Agriculture
Building & Construction
Adhesives & Sealants
Others

On the basis of Region:

Asia-Pacific
- China
- Japan
- South Korea
- India
- Malaysia
- Thailand
- Rest of Asia-Pacific
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- Italy
- France
- U.K.
- Turkey
- Rest of Europe
RoW
- Brazil
- Middle East & Africa
- Rest of South America

These segments are further described in detail with their subsegments in the report with value forecast till 2021.

Available Customizations: The following customization options are available for the report:

Company Information

Analysis and profiles of additional global as well as regional market players (Up to three)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 By Region
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
           2.3.1 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Significant Opportunities in the UV Stabilizers Market
    4.2 UV Stabilizers Market Growth, By Type
    4.3 UV Stabilizers Market Share, By Region and Application, 2015
    4.4 UV Stabilizers Market Attractiveness

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type
           5.2.2 By Application
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Short-Term Drivers
                               5.3.1.1.1 Increasing Demand of UV Stabilizers in the Asia-Pacific Region
                    5.3.1.2 Mid-Term Drivers
                               5.3.1.2.1 Increasing Demand for Greenhouse Film
                    5.3.1.3 Long-Term Drivers
                               5.3.1.3.1 Increasing Demand for Wood Coatings in North America
           5.3.2 Restraints
                    5.3.2.1 Fluctuations in Raw Material Prices
                    5.3.2.2 High Production Cost of UV Stabilizers
           5.3.3 Opportunities
                    5.3.3.1 Rising Developmental and Cross-Industry Collaboration Activities
                    5.3.3.2 Increasing Use of Nanocomposites in UV Stabilizers
           5.3.4 Challenges
                    5.3.4.1 Stringent Governmental Regulations

6 Industry Trends (Page No. - 41)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Bargaining Power of Suppliers
           6.3.3 Threat of Substitutes
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Economic Indicators
           6.4.1 Trend of Production of Oil
                    6.4.1.1 Trend of Oil Production

7 UV Stabilizers Market, By Type (Page No. - 49)
    7.1 Introduction
    7.2 HALS
    7.3 UV Absorber
    7.4 Quenchers

8 UV Stabilizers Market, By Application (Page No. - 57)
    8.1 Introduction
    8.2 Packaging
           8.2.1 Food
           8.2.2 Consumer Goods
    8.3 Automotive
           8.3.1 Automotive Component
           8.3.2 Automotive Coating
    8.4 Agriculture
           8.4.1 Agriculture Films
           8.4.2 Agriculture Equipments
    8.5 Building & Construction
           8.5.1 Flooring & Decking
           8.5.2 Furniture
    8.6 Adhesives & Sealants
           8.6.1 Tape
           8.6.2 Hot Melt Adhesives
    8.7 Others
           8.7.1 Ink
           8.7.2 Plastics

9 UV Stabilizers Market, By Region (Page No. - 71)
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 China
           9.2.2 Japan
           9.2.3 South Korea
           9.2.4 India
           9.2.5 Malaysia
           9.2.6 Thailand
           9.2.7 Rest of Asia-Pacific
    9.3 North America
           9.3.1 U. S.
           9.3.2 Mexico
           9.3.3 Canada
    9.4 Europe
           9.4.1 Germany
           9.4.2 Italy
           9.4.3 France
           9.4.4 U.K.
           9.4.5 Turkey
           9.4.6 Rest of Europe
    9.5 RoW
           9.5.1 Brazil
           9.5.2 Middle East & Africa
           9.5.3 Rest of South America

10 Competitive Landscape (Page No. - 118)
     10.1 Overview
     10.2 New Product Developments the Most Dominant Growth Strategy
     10.3 Market Share Analysis
     10.4 Competitive Situation and Trends
             10.4.1 New Product Developments
             10.4.2 Expansions
             10.4.3 Mergers/Acquisitions
             10.4.4 Agreements/Joint Ventures

11 Company Profile (Page No. - 126)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     11.1 BASF SE
     11.2 Songwon Industrial Co., Ltd.
     11.3 Clariant AG
     11.4 Solvay SA
     11.5 Altana AG
     11.6 Adeka Corporation
     11.7 Addivant
     11.8 Valtris Specialty Chemicals
     11.9 Lycus Ltd.
     11.10 Mayzo, Inc.
     11.11 Additional Company Profile
             11.11.1 Everlight Chemical Industrial Corporation.
             11.11.2 Adeka Corporation
             11.11.3 Chemipro Kasei Kaisha, Ltd.
             11.11.4 Chitec Technology Co., Ltd.
             11.11.5 Sunshow
             11.11.6 Everspring Chemical Co., Ltd.
             11.11.7 Ichemco SRL
             11.11.8 Lambson Limited
             11.11.9 MPI Chemie B.V.
             11.11.10 Qingdao Jade New Material Technology
             11.11.11 Vanderbilt Chemicals LLC

*Details Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 151)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.8 Author Details

List of Tables (131 Tables)

Table 1 UV Stabilizers Market, By Type
Table 2 UV Stabilizers Market, By Application
Table 3 Trend of Oil Production, Thousand Barrels Per Day (2011–2015)
Table 4 UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 5 UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 6 HALS Market Size, By Region, 2014–2021 (USD Million)
Table 7 HALS Market Size, By Region, 2014–2021 (Kiloton)
Table 8 UV Absorber Market Size, By Region, 2014–2021 (USD Million)
Table 9 UV Absorber Market Size, By Region, 2014–2021 (Kiloton)
Table 10 Quenchers Market Size, By Region, 2014–2021 (USD Million)
Table 11 Quenchers Market Size, By Region, 2014–2021 (Kiloton)
Table 12 UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 13 UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 14 UV Stabilizers Market Size in Packaging, By Region, 2014–2021 (USD Million)
Table 15 UV Stabilizers Market Size in Packaging, By Region, 2014–2021 (Kiloton)
Table 16 Automotive Market Size, By Region, 2014–2021 (USD Million)
Table 17 Automotive Market Size, By Region, 2014–2021 (Kiloton)
Table 18 Agriculture Market Size, By Region, 2014–2021 (USD Million)
Table 19 Agriculture Market Size, By Region, 2014–2021 (Kiloton)
Table 20 Building & Construction Market Size, By Region, 2014–2021 (USD Million)
Table 21 Building & Construction Market Size, By Region, 2014–2021 (Kiloton)
Table 22 Adhesives & Sealants Market Size, By Region, 2014–2021 (USD Million)
Table 23 Adhesives & Sealants Market Size, By Region, 2014–2021 (Kiloton)
Table 24 UV Stabilizers Market Size in Others Applications, By Region, 2014–2021 (USD Million)
Table 25 UV Stabilizers Market Size in Others Applications, By Region, 2014–2021 (Kiloton)
Table 26 UV Stabilizers Market Size, By Region, 2014–2021 (USD Million)
Table 27 UV Stabilizers Market Size, By Region, 2014–2021 (Kiloton)
Table 28 Asia-Pacific: UV Stabilizers Market Size, By Country, 2014–2021 (USD Million)
Table 29 Asia-Pacific: UV Stabilizers Market Size, By Country, 2014–2021 (Kiloton)
Table 30 Asia-Pacific: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 31 Asia-Pacific: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 32 Asia-Pacific: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 33 Asia-Pacific: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 34 China: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 35 China: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 36 China: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 37 China: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 38 Japan: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 39 Japan: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 40 Japan: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 41 Japan: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 42 South Korea: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 43 South Korea: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 44 South Korea: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 45 South Korea: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 46 India: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 47 India: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 48 India: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 49 India: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 50 Malaysia: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 51 Malaysia: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 52 Malaysia: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 53 Malaysia: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 54 Thailand: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 55 Thailand: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 56 Thailand: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 57 Thailand: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 58 Rest of Asia-Pacific: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 59 Rest of Asia-Pacific: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 60 Rest of Asia-Pacific: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 61 Rest of Asia-Pacific: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 62 North America: UV Stabilizers Market Size, By Country, 2014–2021 (USD Million)
Table 63 North America: UV Stabilizers Market Size, By Country, 2014–2021 (Kiloton)
Table 64 North America: UV Stabilizers Market Size, By Type 2014–2021 (USD Million)
Table 65 North America: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 66 North America: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 67 North America: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 68 U.S.: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 69 U.S.: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 70 U.S.: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 71 North America: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 72 Mexico: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 73 Mexico: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 74 Mexico: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 75 Mexico: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 76 Canada: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 77 Canada: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 78 Canada: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 79 Canada: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 80 Europe: UV Stabilizers Market Size, By Country, 2014–2021 (USD Million)
Table 81 Europe: UV Stabilizers Market Size, By Country, 2014–2021 (Kiloton)
Table 82 Europe: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 83 Europe: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 84 Europe: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 85 Europe: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 86 Germany: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 87 Germany: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 88 Germany: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 89 Germany: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 90 Italy: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 91 Italy: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 92 Italy: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 93 Italy: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 94 France: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 95 France: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 96 France: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 97 France: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 98 U.K.: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 99 U.K.: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 100 U.K.: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 101 U.K.: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 102 Turkey: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 103 Turkey: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 104 Turkey: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 105 Turkey: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 106 Rest of Europe: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 107 Rest of Europe: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 108 Rest of Europe: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 109 Rest of Europe: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 110 South America: UV Stabilizers Market Size, By Country, 2014–2021 (USD Million)
Table 111 South America: UV Stabilizers Market Size, By Country, 2014–2021 (Kiloton)
Table 112 South America: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 113 South America: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 114 RoW: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 115 RoW: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 116 Brazil: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 117 Brazil: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 118 Brazil: UV Stabilizers Market Size, By Application , 2014–2021 (USD Million)
Table 119 Brazil: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 120 Middle East & Africa: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 121 Middle East & Africa: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 122 Middle East & Africa: UV Stabilizers Market Size, By Application , 2014–2021 (USD Million)
Table 123 Middle East & Africa: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 124 Rest of South America: UV Stabilizers Market Size, By Type, 2014–2021 (USD Million)
Table 125 Rest of South America: UV Stabilizers Market Size, By Type, 2014–2021 (Kiloton)
Table 126 Rest of South America: UV Stabilizers Market Size, By Application, 2014–2021 (USD Million)
Table 127 Rest of South America: UV Stabilizers Market Size, By Application, 2014–2021 (Kiloton)
Table 128 New Product Developments, 2011–2016
Table 129 Expansions, 2011–2016
Table 130 Mergers/Acquisitions, 2011–2016
Table 131 Agreements/Joint Ventures, 2011–2016

List of Figures (48 Figures)

Figure 1 UV Stabilizers: Market Segmentation
Figure 2 Years Considered for the Study
Figure 3 UV Stabilizers Market: Research Design
Figure 4 Key Data From Secondary Sources
Figure 5 Key Data From Primary Sources
Figure 6 Key Industry Insights
Figure 7 Breakdown of Primary Interviews
Figure 8 Market Size Estimation: Bottom-Up Approach
Figure 9 Market Size Estimation: Top-Down Approach
Figure 10 UV Stabilizers : Data Triangulation
Figure 11 Research Assumptions
Figure 12 Asia-Pacific Dominated the UV Stabilizers Market in 2015
Figure 13 HALS to Dominate the UV Stabilizers Market Between 2016 and 2021
Figure 14 Packaging to Dominate the UV Stabilizers Market Between 2016 and 2021
Figure 15 Attractive Opportunities in UV Stabilizers Market Between 2016 and 2021
Figure 16 HALS to Be the Fastest-Growing Segment Between 2016 and 2021
Figure 17 Packaging Accounted for the Largest Share of UV Stabilizers Market in 2015
Figure 18 UV Stabilizers Market to Register Highest CAGR in Asia-Pacific Between 2016 and 2021
Figure 19 Drivers, Restraints, Opportunities, and Challenges for the UV Stabilizers Market
Figure 20 UV Stabilizers Market: Impact Analysis, 2016–2021
Figure 21 Supply Chain Analysis of the UV Stabilizers Market
Figure 22 Porter’s Five Forces Analysis
Figure 23 U.S. Was the Largest Oil Producer, Thousand Barrels Per Day, 2014–2015
Figure 24 HALS to Dominate the UV Stabilizers Market Between 2016 and 2021
Figure 25 Asia-Pacific to Be the Largest HALS Market Between 2016 and 2021
Figure 26 Asia-Pacific to Be the Largest UV Absorber Market Between 2016 and 2021
Figure 27 Quenchers Market in Asia-Pacific to Witness Highest CAGR Between 2016 and 2021
Figure 28 Packaging to Drive the UV Stabilizers Market Between 2016 and 2021
Figure 29 Asia-Pacific to Be the Largest Market in Packaging Application Between 2016 and 2021
Figure 30 North America to Be the Largest Market in Automotive Application Between 2016 and 2021
Figure 31 North America to Witness Highest Growth for Agriculture Application Between 2016 and 2021
Figure 32 The UV Stabilizers Market in North America to Witness Highest CAGR for Building & Construction Between 2016 and 2021
Figure 33 The Market in Asia-Pacific to Register Highest CAGR in Adhesive & Sealants Between 2016 and 2021
Figure 34 Asia-Pacific to Witness Highest Growth for Others Application Between 2016 and 2021
Figure 35 Asia-Pacific Market Snapshot: China to Be the Fastest-Growing Market, 2016–2021
Figure 36 North American Market Snapshot: U.S. to Be the Fastest-Growing Market, 2016–2021
Figure 37 Europe Market Snapshot: Germany is the Largest Market
Figure 38 RoW UV Stabilizers Market Snapshot
Figure 39 Companies Adopted New Product Developments as the Key Growth Strategy, 2011–2016
Figure 40 Key Growth Strategies in UV Stabilizers Market, 2011–2016
Figure 41 UV Stabilizer Market Share Analysis
Figure 42 BASF SE: SWOT Analysis
Figure 43 Songwon Industrial Co., Ltd.: SWOT Analysis
Figure 44 Clariant AG: SWOT Analysis
Figure 45 Solvay SA: SWOT Analysis
Figure 46 Altana AG: Company Snapshot
Figure 47 Altana AG: SWOT Analysis
Figure 48 Adeka Corporation: Company Snapshot

The global UV stabilizers market is projected to reach USD 1.51 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021. UV stabilizers are witnessing growth in demand from the Asia-Pacific region, mainly from China. New product development and expansion activities that have been undertaken by different companies for increasing their production capacity in the Asia-Pacific region is the key factor driving the UV stabilizers market. UV stabilizers find application in packaging and automotive industries with HALS and UV absorbers. Increasing demand from industries such as packaging and automotive has promoted the usage of UV stabilizers. In addition, the rise in demand for greenhouse films is expected to drive the UV stabilizers market during the forecast period.

Based on type, the HALS segment is projected to lead the UV stabilizers market from 2016 to 2021. HALS is majorly used in packaging and automotive industries. In addition, HALS finds application in food and non-food packaging. The demand for UV absorbers is mainly driven by its ability to provide a low-cost solution, good processing ability, improved weather ability, and low volatility to industries such as high-performance thermoplastics, polyurethanes, polymers, automotive, and packaging, among others. These factors are expected to fuel the growth of the UV stabilizers market during the forecast period.

The Asia-Pacific region dominated the UV stabilizers market, in terms of value and volume, in 2015, and is expected to continue its dominance during the forecast period. China, South Korea, and Japan are the major consumers of UV stabilizers in the Asia-Pacific region. The demand for UV stabilizers in the APAC region is primarily driven by the increase in population and rapid urbanization in these countries, which is creating the demand for packaged goods and automotive. Rising investments by foreign companies, growing production facilities, strong industrial base for packaging and automotive sectors, and increasing standard of living are the other major factors contributing to the growth of the UV stabilizers market in the region. China is a major growing economy in the world, and the demand for UV stabilizers is expected to increase in the country during the forecast period.

UV Stabilizers Market

Though the UV stabilizers market is growing at a high rate, few factors are acting as restraints in the growth of the UV stabilizers market. Volatility in UV stabilizers raw material prices and stringent government regulations are the major factors restraining the growth of the UV stabilizers market.

Companies such as BASF SE (Germany), Clariant AG (Switzerland), Cytec Solvay Group (U.S.), Evonik Industries AG (Germany), and Songwon Industrial Co., Ltd. (South Korea) are the leading players in the global UV stabilizers market. These companies are adopting various organic and inorganic growth strategies such as new product development, expansions, acquisitions, and joint ventures to increase their market shares.

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