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Redding, California - October 14, 2024

UV Stabilizers Market to Reach $1.90 Billion by 2031

UV Stabilizers Market Size, Share, Forecast, & Trends Analysis by Type (HALS, UV Absorbers, Quenchers), Application (Coatings, Artificial Grass, Printing & Packaging, Solar Panels), End User (Automotive, Packaging) - Global Forecast to 2031

Meticulous Research^®—leading global market research company, published a research report titled ‘UV Stabilizers Market—Global Opportunity Analysis and Industry Forecasts (2024-2031)’. According to this latest publication from Meticulous Research^®, the UV stabilizers market is expected to reach $1.90 billion by 2031, at a CAGR of 6.1% from 2024 to 2031.

The growing adoption of UV stabilizers in the agriculture and automotive sectors, increasing concerns over the damaging effects UV radiation has on plastics, and increasing regulations and standards mandating UV protection for products are factors driving the growth of the UV stabilizers market. However, the volatile prices of raw materials restrain the growth of this market.

Additionally, the increase in construction projects and the rising adoption of UV stabilizers among packaging manufacturers are expected to create growth opportunities for market stakeholders. However, the environmental impacts of UV stabilizers are a major challenge impacting market growth.

Additionally, the increasing preference for eco-friendly and biodegradable UV stabilizers is a prominent trend in the UV stabilizers market.

Key Players:

The UV stabilizers market is moderately competitive due to the presence of many large and small-sized global, regional, and local players. The key players operating in the UV stabilizers market are Ampacet Corporation (U.S.), Rianlon Corporation (China), EuP Group (Vietnam), Everlight Chemical Industrial Corp (Taiwan), BASF SE (Germany), Clariant International Ltd (Switzerland), SONGWON Industrial Group (South Korea), Evonik Industries AG (Germany), Solvay Group (Belgium), Lycus Ltd., LLC (U.S.), SABO S.p.A. (Italy), ADEKA Corporation (Japan), Valtris Specialty Chemicals Limited (U.K.), Akzo Nobel N.V. (Netherlands), UniteChem Group (China), Cabot Corporation (U.S.), Mayzo, Inc. (U.S.), Chitec Technology Co., Ltd. (Taiwan), and Eastman Chemical Company (U.S.).

The UV stabilizers market is segmented by type, application, and end user. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Among the UV stabilizer types studied in this report, in 2024, the Hindered Amine Light Stabilizers (HALS) segment is expected to dominate the UV stabilizers market with the largest share of 47%. Hindered amine light stabilizers’ capacity to provide products with long-term protection against deterioration, the increasing need for weather-resistant agricultural products, and the rising adoption of HALS in automotive and construction applications to prevent UV radiation-induced product degradation, discoloration, and cracking due to sunlight exposure are factors contributing to the segment’s dominant position in the UV stabilizers market.

Among the applications studied in this report, in 2024, the printing & packaging segment is expected to dominate the UV stabilizers market with the largest share of 38%. The rising demand for durable consumer products, the increasing use of UV stabilizers in the manufacture of printed materials and packaging for sensitive products, such as pharmaceuticals and food items, stringent regulations and standards for the packaging industry, and the increasing application of UV stabilizers in the production of printed graphics and labels, and flexible packaging films contribute to the segment’s dominant position in the UV stabilizers market.

Among the end users studied in this report, in 2024, the packaging manufacturers segment is expected to dominate the UV stabilizers market with the largest share of 31%. The expanding e-commerce sector, the increasing use of UV stabilizers in the manufacture of food packaging materials, industrial packaging, and cosmetic & pharmaceutical packaging, and the growing need for sustainable packaging contribute to the segment’s dominant position in the UV stabilizers market.

Among the geographies studied in this report, in 2024, Asia-Pacific is expected to dominate the UV stabilizers market with the largest share of 37%, followed by North America and Europe. Asia-Pacific’s rapidly growing packaging sector, increasing automotive manufacturing & sales, growing construction & infrastructure development, incentives for renewable energy installations, and the increasing application of UV stabilizers in the production of electronic components contribute to the region’s dominant position in the UV stabilizers market.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6020

Key Questions Answered in the Report:

What is the revenue generated from the sale of UV stabilizers globally?
At what rate is the global demand for UV stabilizers projected to grow for the next five to seven years?
What is the historical market size and growth rate of the UV stabilizers market?
What are the major factors impacting the growth of this market at the global and regional levels?
What are the major opportunities for existing players and new entrants in this market?
Which type, application, and end-user segments are expected to create major traction for the manufacturers in this market?
What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for the players operating in the UV stabilizers market?
Who are the major players in the UV stabilizers market? What are their specific product offerings in this market?
What are the recent key developments in the UV stabilizers market? What are the impacts of these strategic developments?

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Redding, California - October 14, 2024

UV Stabilizers Market to Reach $1.90 Billion by 2031

UV Stabilizers Market Size, Share, Forecast, & Trends Analysis by Type (HALS, UV Absorbers, Quenchers), Application (Coatings, Artificial Grass, Printing & Packaging, Solar Panels), End User (Automotive, Packaging) - Global Forecast to 2031

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