Global Polymer Stabilizers Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Polymer Stabilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global polymer stabilizers market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global polymer stabilizers market size reached US$ 6.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.55% during 2023-2028.
Polymer stabilizers are chemical additives used in manufacturing polymers to enhance their durability and longevity by preventing degradation and deterioration over time. They help protect materials from environmental factors, such as heat, light, oxygen, and moisture, which can lead to degradation. They are available in various forms, including liquid and solid, with varying solubility characteristics to suit different polymer processing methods. They exhibit high thermal stability, which allows them to withstand elevated temperatures during processing and use. They help maintain the mechanical and physical properties of polymers and ensure their consistent performance.
Global Polymer Stabilizers Market Trends and Drivers:
The rising demand for plastic-based products across various industries, including packaging and construction, represents one of the key factors catalyzing the need for polymer stabilizers. Along with this, the increasing use of polymer stabilizers in the automotive industry for various components, including interior materials, exterior trim, and under-the-hood parts, to ensure durability and UV resistance is supporting the market growth. Additionally, the growing concerns and the implementation of various regulations are encouraging manufacturers to develop more sustainable and eco-friendly polymer materials. Moreover, the governing authorities and regulatory bodies of several countries are imposing stricter standards on the quality and safety of polymers used in various applications. Furthermore, ongoing research and development (R&D) activities are leading to the development of new and improved polymer stabilizers that offer enhanced performance and longer lifespans.
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Global Polymer Stabilizers Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 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 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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- 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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