UV Stabilizers Market Size to Reach USD 1443.7 by 2026 at a CAGR 3.8% | Valautes Reports

BANGALORE, India, March 11, 2021 /PRNewswire/ -- The UV Stabilizers Market is Segmented by Type (HALS (Hindered Amine), UV Absorber, Quenchers, by Application (Packaging, Automotive, Agriculture, Building & Construction, Adhesives & Sealants, Plastics, Others), by Application (BASF, Songwon Industrial, Clariant AG, Solvay S A, ALTANA, Adeka, Addivant, Valtris Specialty Chemicals, Lycus): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Chemical Industry.

The global UV Stabilizers market size is projected to reach USD 1443.7 Million by 2026, from USD 1108.7 Million in 2019, at a CAGR of 3.8% during 2021-2026.

Major factors driving the growth of UV stabilizers market size are:

• Growing demand from packaging and automotive application.
• The rising demand for wood and plastic coatings for protection against UV radiations
• The ongoing development of the housing and construction industries in as Asia-Pacific region

Request a Sample Copy of the Report For COVID-19 Impact Analysis on UV Stabilizers Market: https://reports.valuates.com/request/sample/QYRE-Auto-14S4253/Global_UV_Stabilizers 

TRENDS INFLUENCING THE UV STABILIZERS MARKET SIZE

The growing preference towards packaged foods is expected to drive the growth of UV stabilizers market size. As food contact materials are often exposed to solar UV light, to avoid degradation, UV stabilizers are applied to the polymer material. To avoid the rapid deterioration of the food packaging material and the foodstuff found inside, UV stabilizers are used. Many UV stabilizers function as UV screens that absorb harmful UV light. They are invisible and safeguard both food and packaging materials. Other UV screens are based on organic substances and act as inhibitors of ultraviolet degradation.

Increasing application of UV stabilizers in the Automotive industry is expected to increase the growth of UV stabilizers market size. Automotive components are constantly exposed to harsh environmental conditions, such as sunlight, heat, and moisture. Such environments require materials that can withstand exposure and sustain high performance. UV light stabilizers prevent microcracks from forming and restrict color fading to preserve the physical and aesthetic properties of automobiles.

Growing construction spending in emerging countries is expected to increase the UV stabilizer market size during the forecast period. Growth in the construction industry has been fostered by ongoing infrastructure development in developing economies like Vietnam, Indonesia, Malaysia, China, India, Russia, and Brazil. In these economies, construction companies opt for low-cost alternative raw materials, such as plastic and wood materials. These materials can be conveniently formed into several forms, resulting in substantial demand for applications for flooring, decking, and fencing. Since these materials get exposed to high sunlight exposure, it leads to corrosion effects. UV stabilizers have been added as a coating substrate to these materials in order to mitigate such effects.

Increasing use of nanocomposites in UV stabilizers is expected to create lucrative growth opportunities for the market players. Nanotechnology plays a key role in the market for UV stabilizers. Nanocomposite materials have the ability to enhance the properties of coating systems by improving the UV stability and scratch-resistance of the coated product. Conventional UVA are organic stabilizers that have a tendency to degrade over the period, making nano-based inorganic UVA an additional advantage of greater long-term protection.

View Report Details Before Purchasing: https://reports.valuates.com/market-reports/QYRE-Auto-14S4253/global-uv-stabilizers 

UV STABILIZERS MARKET SHARE ANALYSIS

Based on type, the HALS (Hindered Amine Light Stabilizers)segment is expected to hold the largest UV stabilizer market share during the forecast period. HALS is used in thin and thick applications due to its ability to protect polymers from degradation under UV light exposure while providing durability and long shelf life. The increasing demand in the automotive, packaging, and furniture & construction industries for non-degradable, durable, and high-performance products has fueled the growth of HALS in the market for UV stabilizers.

Based on application, the packaging segment is expected to hold the largest UV stabilizers market share during the forecast period. UV stabilizers are capable of shielding packages and their contents from the discoloration and adverse effects of UV radiation.

Based on the region, the Asia Pacific region is expected to hold the largest UV stabilizers market share during the forecast period. This dominance of the Asia-Pacific region is attributed to the presence of a large number of UV stabilizer manufacturers, increasing government support, rising foreign investments, and growing demand for HALS and UV Absorbers from plastics, polymers, and automotive industries.

Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-14S4253/Global_UV_Stabilizers_Market 

UV STABILIZERS MARKET SEGMENTATION

Following are the segments covered by the report are:

• HALS (Hindered Amine)
• UV Absorber
• Quenchers.

By Application:

• Packaging
• Automotive
• Agriculture
• Building & Construction
• Adhesives & Sealants
• Plastics
• Others.

The Key manufacturers that are operating in the global UV Stabilizers market are:

• BASF
• Songwon Industrial
• Clariant
• Solvay
• Altana
• Adeka
• Addivant
• Valtris Specialty Chemicals
• Lycus
• Mayzo.

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-14S4253&lic=single-user 

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-14S4253&lic=enterprise-user 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS :

-  UV Light Stabilizer Market size is projected to reach USD 393.2 Million by 2026, from USD 310.3 Million in 2020, at a CAGR of 4.0% during 2021-2026.

-  UV Stabilized Films Market is Segmented by Type Plastic Material, Metals Material, by Application Automobiles, Building & Construction, Agriculture, Others and by various regions.

-  UV Additives Market is Segmented by Type Heat Stabilizers, Light Stabilizer, UV Absorber, by Application Anti-oxidation, Heat Resistant and by various regions.

-  UV Stabilizers in Plastics Market is Segmented by Type HALS, UV Absorbers, Quenchers, Others, by Application Automotive, Packaging, Agriculture, Building & Construction and by various regions.

Click Here To See Related Reports On UV Stabilizers Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call  1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335 
Website: https://reports.valuates.com  
Twitter - https://twitter.com/valuatesreports 
Linkedin - https://in.linkedin.com/company/valuatesreports 
Facebook - https://www.facebook.com/valuatesreports 

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg