The global UV stabilizers market is expected to reach $34.46 million in 2027 from $249 million in 2019, and is expected to grow by 5% in terms of value.
The automotive industry finds a wide range of applications in the global UV light stabilizer market share. Today, the automotive industry is putting more effort into making vehicles that are lighter and more fuel-efficient. This includes both electric and general fuel vehicles. According to the European Environment Agency, sales of electric vehicles in Europe increased by 51% in 2017 compared to 2016. In addition, the demand for automobiles in the Asia Pacific region is gradually increasing due to high economic development. Due to the tropical nature of the region, the demand for UV stabilizers in the region is expected to increase significantly over the forecast period. Increasing regulations and restrictions on the use of polymers and related products could reduce the size of the UV light stabilizers market in the future.
A full report of UV Light Stabilizers Market available at https://www.orionmarketreports.com/uv-light-stabilizers-market/54227/
UV Light Stabilizers Market: Segmentation
By Product Type
• Hindered Amine Light Stabilizers (HALS)
• UV Absorbers
• Quenchers
• Blends
By End-Use
• Furniture & Interiors
• Decking & Flooring
• Others
By Application
• Automotive
• Construction
• Textiles
• Agriculture
• Industrial Coatings
• Consumer Plastics
• Others
Company Profiles:
• BASF
• Ampacet Corporation
• Addivant
• Mayzo, Inc.
• Materials Technology Limited
• SONGWON
• Everlight Chemical
• Lycus Ltd.
• The Cary Company
• AkzoNobel N.V
• Colortek (India) Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
