Polymer Stabilizers Market Growth, Report, Trends and Industry Forecast 2022-2027

by George Poter Market Analyst

The global polymer stabilizers market reached a value of US$ 6.52 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.66 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.

Polymer stabilizers refer to chemical additives that are used in various plastics, such as polyethylene, polypropylene, and acrylonitrile butadiene styrene (ABS), to restrict radical reactions and oxidative degradation. They help in preventing the defects in manufactured goods, stabilizing the ultraviolet (UV) radiation, lowering the risk of decolorization, etc. Polymer stabilizers ensure faster production of plastic products while preserving their physical properties. They provide flexibility, longevity, recyclability, and reliability of plastics. Consequently, polymer stabilizers are extensively utilized across numerous sectors, including packaging, automotive, consumer goods, construction, etc.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Polymer Stabilizers Market Trends and Drivers:

The expanding demand for eco-friendly, ultraviolet (UV)-resistant, and heat-resistant coating components to protect the products and packaging materials of ready-to-eat (RTE) food items is among the key factors driving the polymer stabilizers market. Furthermore, the increasing preference for Hindered Amine Light Stabilizers (HALS) for averting chain scission, crosslinking, and surface cracking of polyethylene (PP) and polyethylene (PE) is acting as another significant growth-inducing factor.

Besides this, the escalating usage of energy-efficient plastics in the construction and real estate sectors, owing to the elevating environmental consciousness amongst consumers, is also positively influencing the global market. Apart from this, the inflating manufacturing of pipes, decking, conduits, fittings, etc., on account of the growing construction activities, and the rising product adoption in the agricultural sector to create tunnels and mulches and protect the crops from extremely high temperatures are expected to propel the polymer stabilizers market over the forecasted period.

Global Polymer Stabilizers Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

Adeka Corporation, Albemarle Corporation, Baerlocher GmbH, BASF SE, Chitec Technology Co. Ltd., Clariant AG, Evonik Industries AG, R.T. Vanderbilt Holding Company Inc., SABO S.p.A., Solvay S.A., SONGWON Industrial Co. Ltd. and Valtris Specialty Chemicals.

The report has segmented the market on the basis of region, product type and end use industry.

Breakup by Product Type:

• Antioxidants

• Heat Stabilizer

• Light Stabilizer

• Others

Breakup by End Use Industry:

• Packaging

• Automotive

• Consumer Goods

• Building and Construction

• Others

Breakup by Region:

• North America: (United States, Canada)

• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America: (Brazil, Mexico, Others)

• Middle East and Africa

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Key highlights of the report:

• Market Performance (2016-2021)

• Market Outlook (2022- 2027)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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