Ultraviolet Stabilizers Market
Ultraviolet Stabilizers Market Study by Hindered Amine Light Stabilizers (HALS), UV Absorbers, Quenchers, and Others for Packaging, Building & Construction, Automotive, and Others from 2023 to 2033
Analysis of Ultraviolet Stabilizers Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ultraviolet Stabilizers Market Outlook (2023 to 2033)
The valuation of the global ultraviolet stabilizers market is US$ 1.4 billion for 2023. Global demand for ultraviolet stabilizers is expected to reach an industry value of US$ 2.4 billion by 2033-end, increasing at a CAGR of 5.3% over the next ten years.
Ultraviolet or UV radiations are harmful spectrum rays that can result in photooxidative degradation. The adverse effects of UV radiation on human health, including skin cancer, are well known. UV stabilizers are applied to minimize or cancel out the effects of UV rays that are emitted by the sun as well as from different other alternative sources of light, such as fluorescent lights.
UV rays can also degrade polymers. Every polymer is influenced by various external factors, whether synthetic or natural. Hence, the use of UV stabilizers is helpful to prevent the degradation of polymers, which can further increase their demand in the global market.
UV stabilizers are applied as additives to manufacture polymers for the production of UV-resistant plastics. This is also resulting in the rising requirement for compound stabilizers for plastics and rubber, including UV stabilizers.
- According to statistics provided by the International Trade Center (ITC), around US$ 2,726,286 thousand worth of compound stabilizers for plastics and rubber were exported in the year 2020, globally.
Environmental impacts, such as the chemical and biological effects of ultraviolet light, are multiple. UV light can also cause polymer materials to change color, chalk, crack, and lose a few of their physical qualities. Furthermore, the fading of plastic colorants can also be accelerated by UV light. These factors result in the loss of physical attributes of polymer materials and they can become bland. Thus, the demand for UV stabilizers is predicted to increase across the world over the coming years.
In addition, UV stabilizers also find applications in numerous industries; for example, agricultural films, construction & building, automotive, and so forth. Moreover, increasing demand for chemically stable as well as non-degradable plastics in the packaging and construction industries is expected to drive growth opportunities for ultraviolet stabilizer manufacturers.
However, constant fluctuations in the prices of raw materials that are used to produce ultraviolet stabilizers are predicted to impact final production costs and thus limit their adoption to some extent.
| Report Attributes | Details |
|---|---|
| UV Stabilizers Market Size in 2023 | US$ 1.4 Billion |
| Forecasted Market Value (2033) | US$ 2.4 Billion |
| Expected Market Growth Rate (2023 to 2033) | 5.3% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 4.3% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 3.6% CAGR |
| Key Companies Profiled | Adeka Corporation; BASF SE; Chemtura Corporation; Everlight Chemical Industrial Corporation; Lycus Ltd., LLC; Songwon Industrial Co., Ltd.; Valtris Specialty Chemicals; Sunshow (Yantai) Specialty Chemical Co., Ltd. |
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Why Has Demand for Ultraviolet Stabilizers Been So High in Recent Years?
“Increasing Need for Ultraviolet Stabilizers in Packaging Industry”
Demand for ultraviolet stabilizers in the packaging industry is increasing at a rapid pace due to their numerous benefits, such as UV protection and improved product durability. UV stabilizers are helpful for packaging materials to retain their durability and quality after exposure to harsh weather conditions and sunshine.
The last longing for packaged products with the use of UV stabilizers primarily drives the ultraviolet stabilizers market. Moreover, UV stabilizers are used widely in packaging beverages, food, other consumer goods, and cosmetics.
The radiation of UV lights can degrade personal care products, cosmetics, housekeeping products, pharmaceutical items, and food & beverage packaging. It can cause vitamin content loss in milk and juices, faster oxidation of fats and oils, and cause food color fading. UV stabilizers are helpful to protect plastic packaging along with its contents against the harmful effects of infrared and ultraviolet radiation from the sun.
Polyethylene terephthalate (PET) packaging is contributing to the growth of the food & beverage business. There is a significant increase in the requirement for barrier PET bottles that can protect against ultraviolet rays.
“High Use of Ultraviolet Stabilizers in Automotive Sector”
Rising acceptance of ultraviolet stabilizers in the industry of automotive for improved automotive components is estimated to boost growth opportunities in the target market. Manufacturers of automotive products are becoming aware of the use of UV stabilizers for quality control, which can also drive growth opportunities in the global market.
What Could Possibly Hinder the Adoption of Ultraviolet Stabilizers?
“Reactivity of Numerous Additives Can Cause Certain Problems”
The noticeable reactivity of various additives that are present in ultraviolet stabilizers, especially in antioxidants can result in numerous problems. Furthermore, the rise in the emissions of VOC (volatile organic compounds) is also projected to impact the growth opportunities in the global market in the coming years.
“Constant Fluctuations in Prices of Raw Materials”
In the process to produce UV stabilizers, numerous raw materials, for example, benzene, benzoyl chloride, CYC, CDON, and others are used. The raw materials are selected owing to the requirements and specifications of end-use industries. The price of these raw materials is highly volatile, which can directly impact the manufacturing cost of UV stabilizers.
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Which is the Prominent Regional Market for Ultraviolet Stabilizers?
“Growing Polymer and Plastics Industry in Asia Pacific Stimulating Demand for UV Stabilizers”
The market in Asia Pacific is anticipated to grow at a significant speed owing to rapid growth in the polymer and plastics industry across regional countries, especially India and China. In addition, the demand for ultraviolet stabilizers is increasing in the region due to its tropical location, which leads to exposure to some harmful UV rays. The growth across the chemical industry is expected to promote market opportunities.
- According to a report published by the International Institute for Sustainable Development (IISD), the chemical industry in Asia Pacific held more than 45% share of global chemical manufacturing in 2021.
Further, North America is also projected to hold a noteworthy share of the market due to the increased adoption of some advanced solutions. Further, the rising import of polymers along with growing health awareness among the regional population related to the harmful effects of UV rays is predicted to bolster market opportunities.
Country-wise Insights
Which Factors are Increasing the Sales of Ultraviolet Stabilizers in Japan?
“Noteworthy Growth of Construction Industry”
Sales of ultraviolet stabilizers in the market in Japan are projected to expand at a sluggish CAGR of 2.7% from 2023 to 2033. The Japanese construction industry is undergoing significant growth in recent years. UV stabilizers are used at a noteworthy rate in the construction industry for multiple purposes.
Further, these UV stabilizers are widely used to protect consumer goods (shoes and sports equipment) and plastic-containing products (automobile components, paints, and building materials).
How are Sales of Ultraviolet Stabilizers Evolving in Germany?
“Growing Demand for Processed Food Propelling Demand for UV Stabilizers”
The demand for ultraviolet stabilizers in Germany is forecasted to progress at a moderate CAGR of 3.6% during the forecast period from 2023 to 2033. The increasing sale of processed and packaged food in Germany is predicted to contribute to target market growth.
How is the United States UV Stabilizers Market Shaping Up?
“Presence of Well-established Automakers in the Country”
The presence of some well-established automakers in the United States is predicted to contribute to increased demand for ultraviolet stabilizers in the industry of automotive. Further, the production of numerous automobiles is also estimated to increase in the forecast period, which can fuel demand for UV stabilizers there.
The sales value of the United States market reached more than US$ 330 million in the year 2022. Moreover, the Canadian market is anticipated to expand at a steady CAGR of 4.3% through 2033.
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Category-wise Insights
Which Type of Ultraviolet Stabilizer is Forecasted to Dominate Industry Share?
“Growing Use of Hindered Amine Light Stabilizers (HALS) to Protect Polymer & Plastic Products”
The global market is divided into hindered amine light stabilizers (HALS), UV absorbers, quenchers, and others, based on type. Among these, the HALS segment is anticipated to hold a substantial share of global market revenue in the forecasted period. They protect polymer and plastic products from any sort of harmful UV effects.
Unlike ultraviolet absorbers, HALS, do not absorb ultraviolet rays. Rather, they are used to prevent polymer degradation by continuous and clinical elimination of free radicals that are generated by photooxidation. Further, HALS is used in agricultural films, shipping sacks, coatings, and plastic packaging to resist photodegradation. They are cost-effective and low toxic compared to other available options.
Which Application of Ultraviolet Stabilizers is Set to Generate Substantial Revenue?
“Increasing Use of Ultraviolet Stabilizers in Packaging Industry”
Based on application, the global industry is segmented into packaging, building & construction, automotive, adhesives & sealants, and others. Packaging has sub-applications, including industrial packaging products, consumer goods, food packaging, and beverage packaging. The rising disposable income and constant change in consumer lifestyles have stimulated the use of plastic as significant packaging products, for instance, films, containers & drums, transport crates, caps & closures, and bottles.
The growing demand for UV stabilizers in pharmaceutical packaging, food & beverage packaging, and PET bottles for the protection of packaging materials is contributing to increased sales of UV stabilizers in the packaging industry.
Competitive Landscape
Manufacturers of ultraviolet stabilizers are concentrating to adopt novel strategies to improve facilities for supply chain management while maintaining product standards. They are also involved in new developments while following safety regulations.
For instance :
- SONGWON Industrial Co., Ltd. launched an innovative light stabilizer in 2021. The product BU PS SABOTAB® UV 216 is designed for greenhouses or agriculture purposes.
Leading companies in the global UV stabilizers market are Adeka Corporation, BASF SE, Chemtura Corporation, Everlight Chemical Industrial Corporation, Lycus Ltd., LLC, Songwon Industrial Co., Ltd., Valtris Specialty Chemicals, and Sunshow (Yantai) Specialty Chemical Co., Ltd.
Segmentation of UV Stabilizers Industry Research
-
By Type:
- Hindered Amine Light Stabilizers (HALS)
- UV Absorbers
- Quenchers
- Others
-
By Application:
- Packaging
- Building & Construction
- Automotive
- Adhesives & Sealants
- Others
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 10.1. Hindered Amine Light Stabilizers (HALS)
- 10.2. UV Absorbers
- 10.3. Quenchers
- 10.4. Others
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 11.1. Packaging
- 11.2. Building & Construction
- 11.3. Automotive
- 11.4. Adhesives & Sealants
- 11.5. Others
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia
- 12.6. Oceania
- 12.7. Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. Adeka Corporation
- 22.2. BASF SE
- 22.3. Chemtura Corporation
- 22.4. Everlight Chemical Industrial Corporation
- 22.5. Lycus Ltd., LLC
- 22.6. Songwon Industrial Co., Ltd.
- 22.7. Valtris Specialty Chemicals
- 22.8. Sunshow (Yantai) Specialty Chemical Co., Ltd.
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: United States Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: United States Market Value Share, By Type, 2023 (E)
Figure 75: United States Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: United Kingdom Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: United Kingdom Market Value Share, By Type, 2023 (E)
Figure 87: United Kingdom Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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- FAQs -
How much is the current worth of the UV stabilizers market?
The global UV stabilizers market is valued at US$ 1.4 billion in 2023.
How is the global ultraviolet stabilizers market expected to perform?
The global ultraviolet stabilizers market is estimated to advance at a CAGR of 5.3% through 2033.
What is the forecasted CAGR for the market in Canada?
Demand for ultraviolet stabilizers in Canada is projected to increase at a CAGR of 4.3%.
What is the estimated value for the sales of ultraviolet stabilizers by 2033?
The use of ultraviolet stabilizers is predicted to reach a market value of US$ 2.4 billion by 2033.
At what CAGR is the demand for ultraviolet stabilizers anticipated to expand in Germany?
The market in Germany is forecasted to progress at a CAGR of 3.6% through 2033.
Who are the prominent players dominating the global market?
Adeka Corporation, BASF SE, Everlight Chemical Industrial Corporation, Lycus Ltd., LLC, Songwon Industrial Co., Ltd., and Valtris Specialty Chemicals are key producers of ultraviolet stabilizers.
Ultraviolet Stabilizers Market