The Global UV Stabilizers Market Report by The Business Research Company covers UV stabilizers market drivers and restraints, UV stabilizers market size, major players, and the impact of COVID-19 on the UV stabilizers market.
The UV stabilizers market consists of sales of UV stabilizers that prevent chemical degradation. UV stabilizers absorb the radiation coming from the sun or artificial light source, neutralize the light rays, and thus increase the strength of the material by lowering cracks of the products. UV stabilizers are also used in indoor or outdoor applications such as coating and paint products.
The increase in the production of vehicles by the automotive industry and the use of packaging contributed to the growth of the market. Due to the increasing population along with the improved standard of living and urbanization, there is a growing demand for automobiles.
The global UV stabilizers market is expected to grow from $1.27 billion in 2020 to $1.35 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.80 billion in 2025 at a CAGR of 7.5%.
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Some UV stabilizers market trends include the UV stabilizer manufacturers expanding into new geographical areas such as Latin America and Europe.
Global UV stabilizers market segments include:
1) By Type: Hindered Amine Light Stabilizers, UV Absorbers, Quenchers.
2) By End-Use Industry: Architectural, Agriculture, Automotive, Furniture, Packaging, Others.
3) By Application: Coatings, Adhesives And Sealants, Plastics, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The UV Stabilizers Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides UV stabilizers market overviews, analyzes and forecasts market size, share, UV stabilizers market players, UV stabilizers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The UV stabilizers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read UV Stabilizers Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Addivant, BASF SE, Clariant AG, Solvay, Adeka Corporation, Songwon Industrial Ltd., Valtris Specialty Chemicals, ALTANA AG, Mayzo Inc., Lycus Ltd, Everlight Chemical Industrial Corp., Chitec Technology Co. Ltd., SABO S.p.A.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The UV Stabilizers Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The UV Stabilizers Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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