The Ultraviolet Light Stabilizer Market report will provide readers, stakeholders, and businesses with in-depth information about market size, revenue growth, and general industry dynamics in order to help them better position themselves in the global Ultraviolet Light Stabilizer Market. It offers thorough information on significant considerations, constraints, limitations, and issues in addition to market segmentations based on factors like product type, application, and regional bifurcation.

The global Ultraviolet (UV) light stabilizer market size was USD 1.40 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research. Rising industrialization in developing countries, rapid growth in the automotive industry, and increasing requirement for manufacturing UV stabilizers in the automotive industry are major factors driving market revenue growth. 

Numerous end-use sectors that depend on UV light stabilisers have grown as a result of quick industrialisation. For instance, two significant effects of photodegradation on building materials are microcracking and embrittlement. Following these effects, mechanical properties like tensile strength, impact strength, and elongation usually suffer noticeably. Due to the need to prolong the lifespan of materials and maintain their strength, the demand for UV light stabiliser in the construction sector is on the rise.

UV absorbers work by protecting interior of plastic components from harmful UV light, which have a high level of inherent photostability and very strong UV absorption. Many plastics, including Polyvinyl Chloride (PVC) and technical plastics, can be stabilized with UV absorbers. Attack of ultraviolet radiation, oxygen, moisture, and heat on polyolefins can cause brittleness in polymer, surface crazing, color change, and product failure. Therefore, UV light stabilizers are utilized in plastic packaging applications to shield contents from UV ray damage to shield polymers from deteriorating effects of exposure to sun and weather. These factors are expected to drive revenue growth of the market over the forecast period.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Everlight Chemical Industrial Co., Holland Colours, Evonik Industries AG, Lycus Ltd., LLC., Solvay, BASF SE, BYK-Chemie GmbH, AkzoNobel N.V., Mayzo Inc., Songwon Industrial Co., Ltd., and Valtris Specialty Chemicals

Target Audience of the Global Ultraviolet Light Stabilizer Market Report:

• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Ultraviolet Light Stabilizer Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Ultraviolet Light Stabilizer market on the basis of product, application, and region:

Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019-2030)
  • Hindered Amine Light Stabilizers (HALS)
  • UV Absorbers
  • Quenchers
  • Blends

• Application Outlook (Revenue, USD Billion; 2019-2030)
  • Furniture & Interiors
  • Decking & Flooring
  • Packaging
  • Others

• End-use Outlook (Revenue, USD Billion; 2019-2030)
  • Automotive
  • Construction
  • Textiles
  • Agriculture
  • Industrial Coatings
  • Consumer Plastics
  • Others

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Some Key Highlights From the Report

• The Hindered Amine Light Stabilizers (HALS) segment accounted for a significantly fast revenue share in 2021. HALS, also known as hindered amine light stabilizers, are utilized in various settings to shield plastic products from deterioration brought on by prolonged outdoor exposure. HALS work as light stabilizers by preventing radical photooxidation intermediates from forming. The fact that inhibited amines can work through a regenerative mechanism sets them apart from other groups of stabilizers.
• The packaging segment is expected to account for largest revenue share over the forecast period. Breakdown of polymers brought on by UV radiation reduces their useful life. While, product's overall life and visual appeal are improved by including light stabilizers and UV absorbers in polymer mixture.
• The consumer plastics segment accounted for highest revenue share over the forecast period. UV stabilizers are frequently used in consumer plastics to prevent photodegradation. Polymers, such as polyethylene, need specific type of stabilizers for protection against UV rays.  Consequently, a UV stabilizer is typically added to raw PVC throughout the production process to safeguard PVC products.  .
• The Asia Pacific market is expected to account for largest revenue share over the forecast period. Rapid industrialization and growth in construction projects are expected to increase usage for UV light stabilizers to meet industry standards and prevent early degradation

Additional information offered by the report:

• Along with a complete overview of the global Ultraviolet Light Stabilizer market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Ultraviolet Light Stabilizer market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

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