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UV Stabilizers Market Report Scope & Overview:

The UV Stabilizers Market Size was valued at expected to reach USD 2.21 billion by 2030, and USD 1.44 billion in 2022 and grow at a CAGR of 5.5% over the forecast period 2023-2030. UV light stabilisers keep plastic or wood from breaking down over time when exposed to UV light. When a substance is exposed to UV radiation, it goes through a process called polymer photo-degradation. This means that the physical properties of the substance change, like changing colour, losing strength, elongation, and tensile strength, or getting chalky on the surface. For example, plastic or wooden chairs kept in gardens become brittle and lose their shine, and chairs kept in open stadiums look chalky or sometimes break into pieces. Because of this, UV light stabilisers are used to protect parts that are exposed to UV rays from damage and loss.

UV Stabilizers Market Revenue Analysis

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Market Dynamics:

Drivers:

Restraints:

  • Price changes for raw materials

Opportunity:

  • Nanocomposites are being used more and more in UV stabilisers.

Impact of COVID-19:

Almost every part of the world has been affected by the pandemic. Disruptions in the global supply chain are likely to have a small effect on the UV stabilisers market. The packaging and auto industries have a big impact on the market.

China is a big exporter and maker of goods. Industrial activities in the country were hurt by strict lockdowns in the country's most important provinces. In the first quarter of 2020, there was a big drop in demand for UV stabilisers. This was mostly due to the spread of COVID-19. China is one of the top places where UV stabilisers are made. But the need for packaging and the rise in the production of plastics have helped the country make more UV stabilisers. COVID-19 has also had a big impact on North America and Europe. Because of this, the US, Canada, Italy, and Spain can expect a recession in the next two to three years. As exports from China are expected to go down, so will dealers' profit margins. This means that the price of UV stabilisers is likely to go up over the next year or so. The points below show how the pandemic affected different industries and what opportunities they have now that they are recovering.

Market Segment:

By Type

  • HALS

  • UV Absorbers

  • Quenchers

By Application

UV Stabilizers Market Segmentation Analysis

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Regional Analysis:

In 2022, up to 46% of the UV stabilisers market was in the Asia-Pacific region. This is because the packaging industry in the region is growing. The Federation of Indian Chambers of Commerce and Industry (FICCI) says that in 2016, Indian packaging is one of the industries with the fastest growth and is worth USD 700 billion around the world. In India, it has grown at a CAGR of 16% over the past five years and reached about USD 32 billion in 2015. Plastics Europe says that in 2018, China made 359 million tonnes of plastics, which is 30% of all plastics made in the world. In 2022, China's food processing industry kept growing, according to the United States Department of Agriculture (USDA). The amount of money made went up to $1.47 trillion, which is a 6.3% increase from 2016. Growing populations and rapid urbanisation in these countries are driving up demand for packaging, which is speeding up the growth of the UV stabilisers market in the Asia-Pacific region over the next few years.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Clariant, altana ag, Lanxess, LYCUS, Akzo Nobel N.V., Solvay, valtris specialty chemicals, everlights, Mayzo.

Clariant-Company Financial Analysis

UV Stabilizers Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.44 Billion
Market Size by 2030 US$ 2.21 Billion
CAGR CAGR of 5.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By type (HALS, UV Absorbers, Quenchers)
• By application (Automotive, Packaging, Agriculture Films, Building & Construction, Adhesives & Sealants, Others
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Clariant, altana ag, Lanxess, LYCUS, Akzo Nobel N.V., Solvay, valtris specialty chemicals, everlights, Mayzo
DRIVERS • Demand from the packaging industry is going up.
Restraints • Price changes for raw materials

Frequently Asked Questions

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Clariant, altana ag, Lanxess, LYCUS, Akzo Nobel N.V., Solvay, valtris specialty chemicals, everlights, Mayzo  are the major key players of  UV Stabilizers Market(TPO) Market

Ans: Nanocomposites are being used more and more in UV stabilisers are the opportunity faced by the UV Stabilizers Market(TPO) Market.

 

Ans: UV Stabilizers Market Size was valued at expected to reach USD 1.99 billion by 2028, and USD 1.37 billion in 2021 and grow at a CAGR of 5.5 % over the forecast period 2022-2028.

Table of Content:

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. UV Stabilizers Market Segment, By type

8.1 HALS

8.2 UV Absorbers

8.3 Quenchers

9. UV Stabilizers Market Segment, By application

9.1 Automotive

9.2 Packaging

9.3 Agriculture Films

9.4 Building & Construction

9.5 Adhesives & Sealants

9.6 Others

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1Brazil

10.6.2Argentina

10.6.3 Rest of Latin America

11. Company Profile

11.1 clariant

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 altana ag

11.3 Lanxess

11.4 LYCUS

11.5 Akzo Nobel N.V.

11.6 solvay

11.7 valtris specialty chemicals

11.8 everlights

11.9 Mayzo

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

13. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Primary Research

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Data Bank Validation

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