Plastic Stabilizer Market Size - Overview, Trends, Revenue, Share, Demand, Key Player, COVID-19 Analysis and Outlook 2023

Segmental Overview:

The Segmental Analysis of the Global Plastic Stabilizer Market Size is conducted on the basis of Type, Material, End-Use Industry, Application and Region.

On the basis of Type, the market has been segmented into light stabilizer, antioxidant, heat stabilizer, and others. In 2016, the heat stabilizer segment held the largest market share. Heat stabilizers are increasingly installed in various manufacturing facilities as well as in construction sites. The antioxidant segment is also expected to witness an impressive growth during the projection period. Antioxidant Plastic Stabilizers find tremendous application in the packaging industry.

On the basis of Material, the market has been segmented into elastomers, thermosetting and thermoplastic. The thermoplastic segment currently accounts for the leading market share. Demand for thermoplastics is expected to remain high over the next several years. Automotive, building & construction, packaging and consumer goods industries are among the key revenue hotspots for thermoplastic based Plastic Stabilizers.

Based on End-Use Industry, the market has been segmented into building & construction, consumer goods, agriculture, packaging, electrical & electronics, automotive, and others. Of these, the packaging segment holds the brightest prospects. By the year 2023, the packaging segment is expected to surpass a valuation of USD 3,200 Mn. This is because Plastic Stabilizers play an important role in manufacturing of film packaging. The consumer segment has captured the second spot and is expected to remain high attractive during the assessment period.

On the basis of Application, the market has been segmented into elastomers, thermosetting, and thermoplastic.

Competitive Landscape: 

BASF SE (Germany), Clariant AG (Switzerland), Evonik Industries AG (Germany), Solvay SA (Belgium), Bruggemann Group (Germany), Akzo Nobel N.V (the Netherlands), Songwon Industrial Co., Ltd. (South Korea), Baerlocher GmbH (Germany), ADEKA CORPORATION (Japan) and INDOFIL INDUSTRIES LIMITED (India) are some of the leading companies operating in the Global Plastic Stabilizer Market.

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Global Plastic Stabilizer Market: Regional Segmentation

The Plastic Stabilizer Market has been covered across regions such as the Middle East & Africa, Latin America, North America, Asia Pacific (APAC) and Europe. Asia Pacific continues to be the bright spot for the Global Plastic Stabilizer Market. There are several factors that are supporting the market growth in the region. Asia is home to two of the fastest growing economies in the world (China and India). Rapid industrialization and urbanization in these countries has reflected favourably on the market in the region. Moreover, rapid growth of the packaging industry is creating new growth avenues for market players. The APAC plastic stabilizer market is characterised by a large number of domestic vendors and mid and large-sized companies. In APAC, the market is led by China and the trend is likely to continue throughout the assessment period. It is projected that the APAC Plastic Stabilizer Market is set to post 5.11% CAGR during the forecast period. 

North America is the second largest market for Plastic Stabilizer. The U.S. leads the market in the region. A healthy presence of several end-use industries makes North America an attractive business destination for market players. Europe occupies the third spot with an approx. market share of 23%.

Market Analysis:

Market Research Future (MRFR) reports that the Global Plastic Stabilizer Market will touch a valuation of USD 8,500 Mn by the year 2023. To arrive at this figure, the market is projected to expand at a compound annual growth rate (CAGR) of 4.49% from 2017 to 2023. Plastic Stabilizers for their salient features such as UV rays resistance, oxidation resistance, and temperature resistance are considered for miscellaneous industrial application.

Plastic Stabilizers enhances the weatherability of substrate and improve the viscosity of materials that facilitate product fabrication and processing. Plastic Stabilizer is extremely popular in processing of pipes, toys, window profile, cable ducts, automotive component, packaging films, among others.

COVID-19 Study in Detail:

COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market @ https://www.marketresearchfuture.com/report/covid-19-impact-pvc-market

COVID-19 Impact on 3D Printing Materials Market @ https://www.marketresearchfuture.com/report/covid-19-impact-3d-printing-materials-market

COVID-19 Outbreak Impact on Carbon Black Market @ https://www.marketresearchfuture.com/report/covid-19-impact-carbon-black-market

NOTE: Our teams of researchers are studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Plastic Stabilizer Market Size - Overview, COVID-19 Analysis, Trends, Share, Application, Forecast, Revenue and Outlook 2023

Market Analysis:

Market Research Future (MRFR) reports that the Global Plastic Stabilizer Market Size will touch a valuation of USD 8,500 Mn by the year 2023. To arrive at this figure, the market is projected to expand at a compound annual growth rate (CAGR) of 4.49% from 2017 to 2023. Plastic Stabilizers for their salient features such as UV rays resistance, oxidation resistance, and temperature resistance are considered for miscellaneous industrial application.

Plastic Stabilizers enhances the weatherability of substrate and improve the viscosity of materials that facilitate product fabrication and processing. Plastic Stabilizer is extremely popular in processing of pipes, toys, window profile, cable ducts, automotive component, packaging films, among others.

Segmental Overview:

The Segmental Analysis of the Global Plastic Stabilizer Market is conducted on the basis of Type, Material, End-Use Industry, Application and Region.

On the basis of Type, the market has been segmented into light stabilizer, antioxidant, heat stabilizer, and others. In 2016, the heat stabilizer segment held the largest market share. Heat stabilizers are increasingly installed in various manufacturing facilities as well as in construction sites. The antioxidant segment is also expected to witness an impressive growth during the projection period. Antioxidant Plastic Stabilizers find tremendous application in the packaging industry.

On the basis of Material, the market has been segmented into elastomers, thermosetting and thermoplastic. The thermoplastic segment currently accounts for the leading market share. Demand for thermoplastics is expected to remain high over the next several years. Automotive, building & construction, packaging and consumer goods industries are among the key revenue hotspots for thermoplastic based Plastic Stabilizers.

Based on End-Use Industry, the market has been segmented into building & construction, consumer goods, agriculture, packaging, electrical & electronics, automotive, and others. Of these, the packaging segment holds the brightest prospects. By the year 2023, the packaging segment is expected to surpass a valuation of USD 3,200 Mn. This is because Plastic Stabilizers play an important role in manufacturing of film packaging. The consumer segment has captured the second spot and is expected to remain high attractive during the assessment period.

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On the basis of Application, the market has been segmented into elastomers, thermosetting, and thermoplastic.

Competitive Landscape: 

BASF SE (Germany), Clariant AG (Switzerland), Evonik Industries AG (Germany), Solvay SA (Belgium), Bruggemann Group (Germany), Akzo Nobel N.V (the Netherlands), Songwon Industrial Co., Ltd. (South Korea), Baerlocher GmbH (Germany), ADEKA CORPORATION (Japan) and INDOFIL INDUSTRIES LIMITED (India) are some of the leading companies operating in the Global Plastic Stabilizer Market.

Global Plastic Stabilizer Market: Regional Segmentation

The Plastic Stabilizer Market has been covered across regions such as the Middle East & Africa, Latin America, North America, Asia Pacific (APAC) and Europe. Asia Pacific continues to be the bright spot for the Global Plastic Stabilizer Market. There are several factors that are supporting the market growth in the region. Asia is home to two of the fastest growing economies in the world (China and India). Rapid industrialization and urbanization in these countries has reflected favourably on the market in the region. Moreover, rapid growth of the packaging industry is creating new growth avenues for market players. The APAC plastic stabilizer market is characterised by a large number of domestic vendors and mid and large-sized companies. In APAC, the market is led by China and the trend is likely to continue throughout the assessment period. It is projected that the APAC Plastic Stabilizer Market is set to post 5.11% CAGR during the forecast period. 

North America is the second largest market for Plastic Stabilizer. The U.S. leads the market in the region. A healthy presence of several end-use industries makes North America an attractive business destination for market players. Europe occupies the third spot with an approx. market share of 23%.

COVID-19 Study in Detail:

COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market @ https://www.marketresearchfuture.com/report/covid-19-impact-pvc-market

COVID-19 Impact on 3D Printing Materials Market @ https://www.marketresearchfuture.com/report/covid-19-impact-3d-printing-materials-market

COVID-19 Outbreak Impact on Carbon Black Market @ https://www.marketresearchfuture.com/report/covid-19-impact-carbon-black-market

NOTE: Our teams of researchers are studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

COVID-19 Plastic Stabilizer Market Analysis - Overview, Trends, Global Outlook, Revenue, Growth and Forecast 2023

Segmental Overview:

The Segmental Analysis of the COVID-19 Plastic Stabilizer Market Analysis is conducted on the basis of Type, Material, End-Use Industry, Application and Region.

On the basis of Type, the market has been segmented into light stabilizer, antioxidant, heat stabilizer, and others. In 2016, the heat stabilizer segment held the largest market share. Heat stabilizers are increasingly installed in various manufacturing facilities as well as in construction sites. The antioxidant segment is also expected to witness an impressive growth during the projection period. Antioxidant Plastic Stabilizers find tremendous application in the packaging industry.

On the basis of Material, the market has been segmented into elastomers, thermosetting and thermoplastic. The thermoplastic segment currently accounts for the leading market share. Demand for thermoplastics is expected to remain high over the next several years. Automotive, building & construction, packaging and consumer goods industries are among the key revenue hotspots for thermoplastic based Plastic Stabilizers.

Based on End-Use Industry, the market has been segmented into building & construction, consumer goods, agriculture, packaging, electrical & electronics, automotive, and others. Of these, the packaging segment holds the brightest prospects. By the year 2023, the packaging segment is expected to surpass a valuation of USD 3,200 Mn. This is because Plastic Stabilizers play an important role in manufacturing of film packaging. The consumer segment has captured the second spot and is expected to remain high attractive during the assessment period.

On the basis of Application, the market has been segmented into elastomers, thermosetting, and thermoplastic.

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Competitive Landscape: 

BASF SE (Germany), Clariant AG (Switzerland), Evonik Industries AG (Germany), Solvay SA (Belgium), Bruggemann Group (Germany), Akzo Nobel N.V (the Netherlands), Songwon Industrial Co., Ltd. (South Korea), Baerlocher GmbH (Germany), ADEKA CORPORATION (Japan) and INDOFIL INDUSTRIES LIMITED (India) are some of the leading companies operating in the Global Plastic Stabilizer Market.

Market Analysis:

Market Research Future (MRFR) reports that the Global Plastic Stabilizer Market will touch a valuation of USD 8,500 Mn by the year 2023. To arrive at this figure, the market is projected to expand at a compound annual growth rate (CAGR) of 4.49% from 2017 to 2023. Plastic Stabilizers for their salient features such as UV rays resistance, oxidation resistance, and temperature resistance are considered for miscellaneous industrial application.

Plastic Stabilizers enhances the weatherability of substrate and improve the viscosity of materials that facilitate product fabrication and processing. Plastic Stabilizer is extremely popular in processing of pipes, toys, window profile, cable ducts, automotive component, packaging films, among others. 

Global Plastic Stabilizer Market: Regional Segmentation

The Plastic Stabilizer Market has been covered across regions such as the Middle East & Africa, Latin America, North America, Asia Pacific (APAC) and Europe. Asia Pacific continues to be the bright spot for the Global Plastic Stabilizer Market. There are several factors that are supporting the market growth in the region. Asia is home to two of the fastest growing economies in the world (China and India). Rapid industrialization and urbanization in these countries has reflected favourably on the market in the region. Moreover, rapid growth of the packaging industry is creating new growth avenues for market players. The APAC plastic stabilizer market is characterised by a large number of domestic vendors and mid and large-sized companies. In APAC, the market is led by China and the trend is likely to continue throughout the assessment period. It is projected that the APAC Plastic Stabilizer Market is set to post 5.11% CAGR during the forecast period. 

North America is the second largest market for Plastic Stabilizer. The U.S. leads the market in the region. A healthy presence of several end-use industries makes North America an attractive business destination for market players. Europe occupies the third spot with an approx. market share of 23%.

COVID-19 Study in Detail:

Impact of COVID-19 on Iso-Propyl Alcohol Market @ https://www.marketresearchfuture.com/report/covid-19-impact-iso-propyl-alcohol-industry

Impact of COVID-19 on Steel Extruded Products Market @ https://www.marketresearchfuture.com/report/covid-19-impact-steel-extruded-products-market

Corona virus Outbreak and Plastic Films Market @ https://www.marketresearchfuture.com/report/covid-19-impact-plastic-films-market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Plastic Stabilizer Market Growth, Business Analysis and Opportunities Till 2023

Market Research Future published a Cooked Research Report on "Global Plastic Stabilizer Market Research Report " – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023

Plastic Stabilizers are additives used during the production of plastic components to reduce the loss of optical and mechanical properties significantly. These stabilizers can increase the service life of the product in multitudes while reducing the consumption of resources caused by the aging of the product. Due to the increased production of plastic materials, Plastic Stabilizers invariably witness a vast market demand, and hence, its market garners massive traction on a global platform.

A renowned research firm – Market Research Future (MRFR) asserts that the Global Plastic Stabilizers Market is projected to reach USD 8,577.1 MN by 2023, registering around 4.49% CAGR throughout the assessment period (2017-2023). The endlessly growing plastic industry is expected to create huge market demand due to the large inclusions of plastic products in people’s lives. Additionally, augmented demand from the burgeoning packaging industry acts as a significant tailwind pushing the market growth further.

Moreover, a range of advantages that these Plastic Stabilizers offer to plastic products such as increased durability push up the market demand colossally. Wide absorption of these stabilizers in some of the major end-user industries such as manufacturing of plastic decking, automotive components, packaging, window profiles, pipes, cable ducts, toys, films, etc. foster the market demand.

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Stabilizers being an essential substrate of plastic manufacturing, growth in the plastic industry define the growing market landscape. Additional actors that support market growth include growing population, urbanization, and industrialization across the globe. The ever-increasing consumer electronics market also provides an impetus to the market growth to an extent. Increasing investments transpired into the R&D activities to bring novelties into stabilizers in terms of bettering the product and in associated technology is fostering the market growth.

Global Plastic Stabilizer Market – Competitive Analysis

Highly competitive, the Plastic Stabilizer Market appears to be fragmented, with several players forming a competitive landscape. To gain a substantially sizeable competitive advantage, these players incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and technology launch.

Major Players:

Players active in the Global Plastic Stabilizer Market are Songwon Industrial Co., Ltd (South Korea), Clariant AG (Switzerland), BASF SE (Germany),Evonik Industries AG (Germany), Solvay SA (Belgium), Akzo Nobel N.V (the Netherlands), Adeka Corporation (Japan), Baerlocher GmbH (Germany), Indofil Industries Limited (India), and Bruggemann Group (Germany), among others.

Industry/Innovation/ Related News:

October 16, 2019 —- Clariant AG (Switzerland), a specialty chemicals company, showcased its advanced additive technology at K 2019. Clariant additives promote the recyclability of plastic waste without compromising the valuable properties of the material. The newly developed AddWorks PKG 906 Circle for polyolefin film enables plastic packaging producers to garner some of their critical business goals. Clariant is shining the spotlight with its capable additives that can make it easier to recycle post-production and post-consumer plastic waste while retaining the material’s performance properties.

Browse Key Industry Insights spread across 123 pages with 222 market data tables & 18 figures & charts from the report, "Plastic Stabilizer Market Information: By Type (Heat Stabilizer, Antioxidant, Light Stabilizer, and Others), Material (Thermoplastic, Thermosetting, and Elastomers), and by End Use Industry (Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, and Others), and Region - Growth Potential, Price Trends, Competitive Market Share & Forecast 2023" in detail along with the table of contents: https://www.marketresearchfuture.com/reports/plastic-stabilizer-market-4442  

Global Plastic Stabilizer Market – Segments

For the scope of understanding, the report is segmented into four market dynamics

By Type: Antioxidant, Heat Stabilizer, Light Stabilizer, and others.

By Application Material: Thermosetting, Thermoplastic, Elastomers, and others.

By End-use Industries: Electrical & Electronics, Automotive & Transportation, Packaging, Consumer Goods, and others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Plastic Stabilizer Market – Geographical Analysis

Asia Pacific is the largest market for Plastic Stabilizers, globally. The significant share of the region attributes to the augmenting product demand from consumer goods led by the rising population and urbanization. Besides, the rapid industrialization in the region is creating huge market demand. APAC accounts for the largest producer and consumer of Plastic Stabilizer.

Also, the region attracts foreign investors with its raw material advantage and cost-competitive workforce. Resultantly, many major players having global presence are rapidly shifting their production bases to the region, which drives the regional market growth further. Continuing with such growth trends, the region is expected to continue its dominance throughout the forecast period, registering 5.11% CAGR.

North America accounts for the second leading market for plastic stabilizers worldwide. Factors fostering the growth of the market include massive consumption of the product across industries such as automotive & transportation, electrical & electronics, packaging, consumer goods, and others. In 2016, the plastic stabilizer market in the US held the largest share in the region.

Europe is another significantly growing market for Plastic Stabilizers, which had accounted for about 23% share in 2016. This significant share of the region attributes to augmenting demand from the burgeoning end-use industries in the region, including automotive & transportation, electrical & electronics, packaging, and consumer goods, among others. Germany, among other European countries, holds the largest share in the regional market owing to the enormous market demand generated by the matured automotive industry in the region.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Plastic Stabilizers Market Segmentation, Application, Technology & Market Analysis Research Report to 2023

Market Research Future published a Cooked Research Report on “Global Plastic Stabilizer Market Research Report” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023

Plastic Stabilizers are additives used during the production of plastic components to reduce the loss of optical and mechanical properties significantly. These stabilizers can increase the service life of the product in multitudes while reducing the consumption of resources caused by the aging of the product. Due to the increased production of plastic materials, Plastic Stabilizers invariably witness a vast market demand, and hence, its market garners massive traction on a global platform.

A renowned research firm – Market Research Future (MRFR) asserts that the Global Plastic Stabilizers Market is projected to reach USD 8,577.1 MN by 2023, registering around 4.49% CAGR throughout the assessment period (2017-2023). The endlessly growing plastic industry is expected to create huge market demand due to the large inclusions of plastic products in people’s lives. Additionally, augmented demand from the burgeoning packaging industry acts as a significant tailwind pushing the market growth further.

Moreover, a range of advantages that these Plastic Stabilizers offer to plastic products such as increased durability push up the market demand colossally. Wide absorption of these stabilizers in some of the major end-user industries such as manufacturing of plastic decking, automotive components, packaging, window profiles, pipes, cable ducts, toys, films, etc. foster the market demand.

Stabilizers being an essential substrate of plastic manufacturing, growth in the plastic industry define the growing market landscape. Additional actors that support market growth include growing population, urbanization, and industrialization across the globe. The ever-increasing consumer electronics market also provides an impetus to the market growth to an extent. Increasing investments transpired into the R&D activities to bring novelties into stabilizers in terms of bettering the product and in associated technology is fostering the market growth.

Global Plastic Stabilizer Market   – Competitive Analysis

Highly competitive, the Plastic Stabilizer Market appears to be fragmented, with several players forming a competitive landscape. To gain a substantially sizeable competitive advantage, these players incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and technology launch.

Major Players:

Players active in the Global Plastic Stabilizer Market are Songwon Industrial Co., Ltd (South Korea), Clariant AG (Switzerland), BASF SE (Germany),Evonik Industries AG (Germany), Solvay SA (Belgium), Akzo Nobel N.V (the Netherlands), Adeka Corporation (Japan), Baerlocher GmbH (Germany), Indofil Industries Limited (India), and Bruggemann Group (Germany), among others.

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Industry/Innovation/ Related News:

October 16, 2019 —- Clariant AG (Switzerland), a specialty chemicals company, showcased its advanced additive technology at K 2019. Clariant additives promote the recyclability of plastic waste without compromising the valuable properties of the material.  The newly developed AddWorks PKG 906 Circle for polyolefin film enables plastic packaging producers to garner some of their critical business goals. Clariant is shining the spotlight with its capable additives that can make it easier to recycle post-production and post-consumer plastic waste while retaining the material’s performance properties.

Global Plastic Stabilizer Market   – Segments

For the scope of understanding, the report is segmented into four market dynamics

By Type:  Antioxidant, Heat Stabilizer, Light Stabilizer, and others.

By Application Material:  Thermosetting, Thermoplastic, Elastomers, and others.

By End-use Industries:  Electrical & Electronics, Automotive & Transportation, Packaging, Consumer Goods, and others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Plastic Stabilizer Market   – Geographical Analysis

Asia Pacific is the largest market for Plastic Stabilizers, globally. The significant share of the region attributes to the augmenting product demand from consumer goods led by the rising population and urbanization. Besides, the rapid industrialization in the region is creating huge market demand. APAC accounts for the largest producer and consumer of Plastic Stabilizer.

Also, the region attracts foreign investors with its raw material advantage and cost-competitive workforce. Resultantly, many major players having global presence are rapidly shifting their production bases to the region, which drives the regional market growth further. Continuing with such growth trends, the region is expected to continue its dominance throughout the forecast period, registering 5.11% CAGR.

North America accounts for the second leading market for plastic stabilizers worldwide. Factors fostering the growth of the market include massive consumption of the product across industries such as automotive & transportation, electrical & electronics, packaging, consumer goods, and others. In 2016, the plastic stabilizer market in the US held the largest share in the region.

Europe is another significantly growing market for Plastic Stabilizers, which had accounted for about 23% share in 2016. This significant share of the region attributes to augmenting demand from the burgeoning end-use industries in the region, including automotive & transportation, electrical & electronics, packaging, and consumer goods, among others. Germany, among other European countries, holds the largest share in the regional market owing to the enormous market demand generated by the matured automotive industry in the region.

Browse Key Industry Insights spread across 123 pages with 222 market data tables & 18 figures & charts from the report, “Plastic Stabilizer Market Information: By Type (Heat Stabilizer, Antioxidant, Light Stabilizer, and Others), Material (Thermoplastic, Thermosetting, and Elastomers), and by End Use Industry (Packaging, Building & Construction, Automotive, Consumer Goods, Electrical & Electronics, Agriculture, and Others), and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/plastic-stabilizer-market-4442      

              

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Plastic Stabilizer Market 2019 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

Plastic Stabilizer Market – Overview

Increasing demand from end-use industries such as packaging, building & construction and automotive is anticipated to drive Global Plastic Stabilizer Market growth over the forecast period. The rise of middle class population in developing region of Asia Pacific and Latin America such as China, India, Brazil, and Mexico is driving the growth of manufacturing sector along with increasing purchasing power. In addition, migration towards urban areas, relative increase in per capita consumption and liberal FDI norms have worked together towards the growth of Plastic Stabilizer consumption over the last decade and is set to continue over the forecast period.

Plastic Stabilizer are added to various plastics in order to enrich their properties. They are helpful in providing protection from obstructions such as high temperature, UV rays, oxidation, and chain scission properties. The usefulness of the stabilizers against weathering is determined by the solubility, capability to stabilize in various polymer matrix, the dispersal in matrix, evaporation loss at the time of processing and usage.

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Heat Stabilizers emerged as the leading type segment due to its extensive usage across varied end-use industries in order to prevent polymers from excessive heat. Antioxidant is the second major type of plastic stabilizer, projected to grow at the highest CAGR due to increasing demand from packaging industry, especially food packaging. 

Geographically, Asia Pacific emerged as the largest regional market for plastic stabilizer followed by North America and Europe. The region accounted for over 40% of the overall market share in 2016 and is set to continue its dominance over the forecast period. Rising construction spending coupled with growth in automotive production and sales is anticipated to bolster the Plastic Stabilizers consumption in the Asia Pacific region. Countries such as China, India, Thailand, Malaysia, Indonesia and South Korea are witnessing prolific growth of packaging and manufacturing sector due to strong economic performance coupled with untapped potential in various regions.

Industry/ Innovation/ Related News:

July 2017- BASF introduced Tinuvin XT 55, its latest generation of HALS for the film, fibers and tapes industry. Tinuvin XT 55 is a high-performance light stabilizer that has a very low contribution to water carryover enabling the production line to run without disruptions.

March 2017– BASF invested in new plastic additives plant in Shanghai, China. BASF has invested more than €200 million globally to increase its production network for plastic additives.

June 2017- BASF SE announced that the company started operation of engineering plastic at its expanded compounding plant in Germany. This expansion will help company to produce 70,000 tons more Ultramid (PA:polyamide) and Ultradur (PBT:polybutylene terephthalate) every year. This additional capacity increased the flexibility in the worldwide production network of BASF.

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October 2016 – Baerlocher introduced Baeropol RST and Baeropol T-Blends for stabilizing recycled plastic materials with the advantages of the key performance properties to provide economical, high-performance stabilization for the technically demanding and price-sensitive reprocessing markets. Baerlocher successfully expanded its capacity to support calcium-based stabilizers in China in order to replace the lead-based stabilizers, which is expected to gain momentum in coming years.

September 2015- SONGWON has launched a semi bead under its SONGNOX PQ range, which makes dosing and handling in the plant easier for customers due to its dust free form. SONGWON has lauched a semi bead under its SONGNOX PQ range, which makes dosing and handling in the plant easier for customers due to its dust free form.

Competitive Landscape:

Significant shift of manufacturing centers towards developing regions such as Asia Pacific and Latin America driven by lucrative FDI policies, cheap labor, and wide raw material availability is set to positively influence global plastics stabilizer market. Polymer production in Asia Pacific is touching new heights with extensive demand being experienced from end-use industries such as automotive, construction, electrical & electronics and packaging among others. Companies such as BASF and Songwon are taking up strategies such as expansion and new product launches in order to capture market share and fulfil the burgeoning demand in developed countries. Emerging demand for lightweight plastics in automotive and electronics industry is slated to further uplift demand for polymer stabilizer and motivate industry participants to innovate and adapt to precise application requirements.

Key Players:

BASF SE (Germany), Songwon Industrial Co., Ltd (South Korea), Clariant AG (Switzerland), AkzoNobel N.V (the Netherlands), Evonik Industries AG (Germany), Adeka Corporation (Japan), Solvay SA (Belgium), INDOFIL INDUSTRIES LIMITED (India), Bruggemann Group (Germany), and Baerlocher GmbH (Germany), among others are some of the prominent players at the forefront of competition in the Global Plastic Stabilizer Market and are profiled in MRFR Analysis.

Regional Analysis:

The Global Plastic Stabilizer Market is spanned across five key regions: Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among them, Asia Pacific accounted for the largest share of the market in 2016, and is projected to grow at the highest CAGR of 5.11% during the review period. The dominance of Asia Pacific region is primarily attributed to the increasing demand for the product in manufacturing consumer goods and expanding production capacity in this region. Asia Pacific region is closely followed by North America, which accounted for the second largest market share in 2016. The U.S. accounted for the highest market share in North America and is expected to remain dominant throughout the forecast period owing to greater penetration of end use industries in the country.

Europe is a significant region in the Global Plastic Stabilizer Market. It accounted for a 23% share of the market in 2016. Germany dominates the regional market in terms of value and volume due to increasing demand from a well-established automotive industry. Europe is followed by Latin America and the Middle East & Africa, which are estimated to grow at moderate rate during the forecast period.    

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Plastic Stabilizer Market Research, Growth Opportunities, Analysis and Forecasts to 2023

Market Synopsis of Global Plastic Stabilizer Market:

Plastic Stabilizer is a type of plastic additive, used to enhance the properties of plastic. It provides protection from UV rays and high temperatures, prevents oxidation, and chain scission (molecular deterioration of the polymers at high temperatures) properties. It imparts greater weatherability to the substrate and maintains viscosity of the material which facilitates its processing and fabrication. Plastic Stabilizers find their major applications in pipes, window profiles, toys, cable ducts, packaging films, automotive components and others.

The Global Plastic Stabilizer Market is expected to grow at CAGR of 4.49% to reach USD 8,577.1 million till 2023. Growing demand of plastic in automotive industry to replace conventional material, huge consumption of plastics in day to day life, and rising demand of plastics in Asia Pacific are some of the major factors driving growth of the market.

Increasing demand from end-use industries such as packaging, building & construction and automotive is anticipated to drive Global Plastic Stabilizer Market growth over the forecast period. The rise of middle class population in developing region of Asia Pacific and Latin America such as China, India, Brazil, and Mexico is driving the growth of manufacturing sector along with increasing purchasing power. In addition, migration towards urban areas, relative increase in per capita consumption and liberal FDI norms have worked together towards the growth of plastic stabilizer consumption over the last decade and is set to continue over the forecast period.

Plastic Stabilizer are added to various plastics in order to enrich their properties. They are helpful in providing protection from obstructions such as high temperature, UV rays, oxidation, and chain scission properties. The usefulness of the stabilizers against weathering is determined by the solubility, capability to stabilize in various polymer matrix, the dispersal in matrix, evaporation loss at the time of processing and usage.

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Industry/ Innovation/ Related News:

July 2017- BASF introduced Tinuvin XT 55, its latest generation of HALS for the film, fibers and tapes industry. Tinuvin XT 55 is a high-performance light stabilizer that has a very low contribution to water carryover enabling the production line to run without disruptions.

March 2017- BASF invested in new plastic additives plant in Shanghai, China. BASF has invested more than €200 million globally to increase its production network for plastic additives.

June 2017- BASF SE announced that the company started operation of engineering plastic at its expanded compounding plant in Germany. This expansion will help company to produce 70,000 tons more Ultramid (PA:polyamide) and Ultradur (PBT:polybutylene terephthalate) every year. This additional capacity increased the flexibility in the worldwide production network of BASF.

Competitive Landscape:

Significant shift of manufacturing centers towards developing regions such as Asia Pacific and Latin America driven by lucrative FDI policies, cheap labor, and wide raw material availability is set to positively influence Global Plastics Stabilizer Market. Polymer production in Asia Pacific is touching new heights with extensive demand being experienced from end-use industries such as automotive, construction, electrical & electronics and packaging among others. Companies such as BASF and Songwon are taking up strategies such as expansion and new product launches in order to capture market share and fulfil the burgeoning demand in developed countries. Emerging demand for lightweight plastics in automotive and electronics industry is slated to further uplift demand for Polymer Stabilizer and motivate industry participants to innovate and adapt to precise application requirements.

Regional Analysis:

The Global Plastic Stabilizer Market is spanned across five key regions: Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among them, Asia Pacific accounted for the largest share of the market in 2016, and is projected to grow at the highest CAGR of 5.11% during the review period. The dominance of Asia Pacific region is primarily attributed to the increasing demand for the product in manufacturing consumer goods and expanding production capacity in this region. Asia Pacific region is closely followed by North America, which accounted for the second largest market share in 2016. The U.S. accounted for the highest market share in North America and is expected to remain dominant throughout the forecast period owing to greater penetration of end use industries in the country.

Europe is a significant region in the Global Plastic Stabilizer Market. It accounted for a 23% share of the market in 2016. Germany dominates the regional market in terms of value and volume due to increasing demand from a well-established automotive industry. Europe is followed by Latin America and the Middle East & Africa, which are estimated to grow at moderate rate during the forecast period.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com