Chicago, IL -- (SBWIRE) -- 09/15/2017 -- UV absorbers are type of polymer additives that function by improving the performance, durability, stability and shelf life of plastics, polymers and wood substances. Components used in construction, automotive, agriculture and adhesives should be highly durable to showcase high performance capabilities. Hence, the UV absorbers market is growing at a rapid pace worldwide during the forecasted period. UV absorbers are most often used in transparent surfaces to ensure that the substance is efficiently protected from UV rays. This report studies the current and future aspects of the UV absorbers market.

The report on the global UV absorbers market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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The UV absorbers market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of the UV absorbers market. The region continues to dominate the global market due to increase in industrialization and use of UV absorbers in majority of the industrial sectors. UV absorbers are mostly applied on plastics, and plastics are used extensively in automotive, packaging, and agricultural applications; hence, the market is growing substantially in this region

MARKET SEGMENTATION

This report analyzes the UV absorbers market by the following segments:

UV Absorbers Market, by Type

1. Benzophenone
2. Benzotriazole
3. Triazine

UV Absorbers Market, by Application

1. Plastics
2. Coatings
3. Adhesives
4. Personal Care
5. Others

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