Global UV Stabilizers Market 2022-2028
UV stabilizers are substances that are used to prevent a chemical process referred to as photo degradation which occurs when ultraviolet radiation coming from an artificial light source or the sun collapses chemical bonds within a polymer. The global UV stabilizers market was valued at USD 1,105 million in 2021 to USD 1,576 million by 2028, progressing at a CAGR of 5.2% from 2022 to 2028, according to Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global UV stabilizers market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the UV stabilizers industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for UV stabilizers can be segmented by product: hindered amine light stabilizers (HALS), uv absorbers, quenchers. Globally, the hindered amine light stabilizers segment made up the largest share of the UV stabilizers market. UV stabilizers market is further segmented by application: flooring and decking, furniture coating, automotive coating, packaging, others. The flooring and decking segment captured the largest share of the market in 2021. Based on region, the UV stabilizers market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). According to the research, Asia Pacific had the largest share in the global UV stabilizers market.
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