UV Stabilizers Market is growing with factors such as rising usage of greenhouse films in various regions and also the growing demand for wood coating.
UV stabilizers market has shown an exceptional penetration in the countries such as China, U.S. and Germany, increasing consumption in the polymer industry of UV stabilizers in developed countries. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the global UV stabilizers market.
Global UV Stabilizers Market Scenario
According to Data Bridge Market Research the market for UV stabilizers in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is Evonik Industries AG which accounts an estimated market share of approximately 5% to 7% in the global UV stabilizers market. The company has gained outstanding sale through their industrial product which is protection solutions.
For instance,
- In March 2018, Evonik Industries AG Company expanded the joint venture with the TAA derivatives in China which increases the production of HALS stabilizers. TAA derivatives are engaged in the production of the additives for different industries. This development has helped the company to increase the revenue and global presence.
Trends Impacting the Market
Now the question is which are the other regions that Evonik Industries AG, BASF SE and ALTANA AG are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific UV stabilizers market and the market leaders are targeting Japan and India to be their next revenue pockets for 2020.
The UV stabilizers market is becoming more competitive every year with companies such as Evonik Industries AG, BASF SE and ALTANA AG as they are the market leaders for UV stabilizers. The data bridge market research new reports highlight the major growth factors and opportunities in the UV stabilizers market.
For more analysis on the UV stabilizers market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=uv-stabilizers-market
Global UV stabilizers Market Developments
- In March 2020, ALTANA AG acquired the Schmid Rhyner AG company which is engaged in the packaging of films and specialized in solutions for print finishing and digital printing. This development has helped the company to increase the revenue in the future.
- In April 2019, BASF SE launched the new product named Tinuvin NOR 371 which is used in the greenhouse films that are used in the agriculture and have the capability of enhancing the durability and lifespan of plastic greenhouse films made from low density polyethylene. This development has helped the company to increase the revenue in near future.
Scope of the Global UV stabilizers Market
Global UV stabilizers market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.
- All country based analysis of UV stabilizers market is further analyzed based on further segmentation. On the basis of type, the UV stabilizers market is segmented into UV absorber, HALS (hindered amine light stabilizers), quenchers and others. On the basis of application additive, the UV stabilizers market is segmented into films and tapes, extrusion, decking, floor coating and others. On the basis of application, the UV stabilizers market is segmented into coatings, plastics, cosmetics and adhesives. On the basis of end-user, the UV stabilizers market is segmented into automotive, building and construction, adhesives and sealants and agriculture.
To know more about the study https://www.databridgemarketresearch.com/reports/uv-stabilizers-market
Key Pointers Covered in the Global UV Stabilizers Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- KNV Chemicals Inc.
- Ampacet Corporation
- Phoenix Plastics
- Chitec Technology Co., Ltd.
- Everlight Chemical Industrial Co.
- Valtris Specialty Chemicals
- ADEKA CORPORATION
- Lycus Ltd.
- Addivant
- ALTANA AG
- SONGWON
- Evonik Industries AG
- LANXESS
- Solvay
- BASF SE
- Clariant
- SABO S.p.A.
- Baoding Lucky Chemical Co.,LTD.
- MPI Chemie BV
- RIVERDALE GLOBAL LLC
Above are the key players covered in the report, to know about more and exhaustive list of UV stabilizers companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=uv-stabilizers-market
Research Methodology: Global UV Stabilizers Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Automotive, Building and construction and Agriculture
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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