Polymer Stabilizers Market Size 2022, Top Companies Analysis, Share, Trends, Business Model and Forecast by 2027

The latest research study "Polymer Stabilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that 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.

COVID-19 Impact on Market: (Positive Impact)

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Industry Definition and Application:

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.

Global 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.

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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

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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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