Hyderabad, India -- (SBWIRE) -- 08/09/2018 -- In the Report "UV Stabilizers Market: By Types (UV Absorbers, HALS, Quenchers and Others); By Application (Floor Coating, Decking, Automotive coating, Furniture coating, Adhesives &Sealants and Others) & By Geography – Forecast (2018-2023)" published by IndustryARC, the market is driven by rising production of transformers and expansion of energy grids which has accelerated the sales of transformers and utility of transformer oils.
Asia-Pacific dominates with major share and growth in the UV Stabilizers Market
Increasing infrastructural development and the growing use of automobile, particularly in the developing countries of Asia-Pacific continues to raise applications including construction, automotive and furniture. Asia-Pacific market segment in application is expected to lead in the market, with a growing CAGR of 5.78% to reach revenue of $677.91 million in 2023. Whereas, in various applications, among which automotive and floor coatings have accounted for the largest share of 52% and is estimated to maintain its dominance. Europe market for application segment is the leading region to grow at a CAGR of 4.74% and to reach revenue of $494.48 million by 2023. Automotive holds the largest share in Europe market, and is largely growing in Germany, U.K. and Italy. North America market is expected to grow at a CAGR of 5.11% during the forecast period of 2018-2023.
Selected Type Analysis done in the full Report:
The market for UV Stabilizers in UV absorbers is set to see an upsurge due to the increasing global plastics additives consumption. The market revenue was $640.97 million in 2017 and is poised to reach $820.43 million by 2023, rising at a CAGR of 4.20% during the forecast period. The market will see an upsurge due to the use of more coatings in rising infrastructural countries. The market for UV Stabilizers in Hindered Amine Light Stabilizers (HALS) is set to grow due to increasing use of polymers additives, thus preventing the gloss and other aesthetic properties. The market revenue was $541.41 million in 2017, which is predicted to reach revenue of $741.43, rising at a CAGR of 5.38% during the forecast period. Quenchers in UV Stabilizers market is seen to grow at very minimal speed, which is 3.67% of CAGR to reach $134.47 million by 2023. Among all the applications, Floor Coating is the leading one with highest CAGR of 5.59% and is expected to continue its dominance during the period of 2018-2023.
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Excerpts on Market Growth Factors
The mounting demand for UV sterilizer is due to the growing construction and automotive industries driven by the demand of plastics is driving the growth of the market.
Increasing varieties of chemicals and change in chemical compound carries growth opportunities at a high rate in the markets of APAC and North America.
Indian residential real estate industry has over the last few decades provided impetus to home decor market. Increased consciousness among the home owners for stylish exteriors and beautiful indoors is driving the growth in furniture application.
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Key players of the UV Stabilizers Market
Major industrial multinational firms in the UV stabilizers industry such as BASF, Songwon, Solvay and Clariant is likely to positively affect the market, owing to the increasing product launches by the these companies. BASF SE comprises a product known as Tinuvin used in Chemicals, Performance Products, Functional Materials and Solutions, Agricultural Solutions and Oil & Gas. Solvay is known in the market for Cyasorb Cynergy Solutions, used in the areas of agriculture, packaging, sheet & molding, automotive, coatings among others. Clariant provides CESA light and Hostavin for UV and Light Stabilizers.
UV Stabilizers Market report is segmented as below
A. UV Stabilizers Market – By Type
1. UV Absorbers
2. Hindered Amine Light Stabilizers(HALS)
B. UV Stabilizers Market – By Application
1. Floor Coating
3. Automotive Coating
4. Furniture Coating
5. Adhesives & Sealants
C. UV Stabilizers Market by Geography (covers 10+ countries)
D. UV Stabilizers Entropy Market
Companies Citied / Interviewed
1. Mayzo, Inc.
2. Valtris Specialty Chemicals
4. Adeka Corporation
5. Everlight Chemical Industrial Co.
6. Polyone Corporation
7. Rianlon Corporation
8. Company 8
9. Company 9
10. Company 10+
A. Decorative Coatings Market
B. Paints and Coatings Market
What can you expect from the report?
The UV Stabilizers Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in UV Stabilizers Market segment?
Response: Yes, we do have separate reports as mentioned below:
1. America UV Stabilizers Market (2018-2023)
2. Europe UV Stabilizers Market (2018-2023)
3. Asia-Pacific UV Stabilizers Market (2018-2023)
4. Type UV Stabilizers Market (2018-2023)
5. Application UV Stabilizers Market (2018-2023)
6. End-User UV Stabilizers Market (2018-2023)
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Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interests.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
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