Polymer stabilizers are used to reduce the degradation of the polymers. The polymers are used in various applications, due to which they are susceptible to different environmental conditions, which can cause undesirable reactions such as cross-linking, oxidation, etc. These reactions can affect the properties and shelf-life of the products. Also, whenever a polymer is sheared or heated, the polymer degradation occurs, which leads to changes in molecular weight and affects its physical properties. Because of such problems, chemical additives such as polymer stabilizers are used to reduce these unwanted reactions and maintain the quality. Polymer stabilizers are available in various forms, such as granules, sprayed pills, pastilles, etc.
MARKET DYNAMICS
The increasing use of polymers in applications such as packaging, medical devices, automotive, aerospace, electronics, etc. is anticipated to serve as a driver for the polymer stabilizers market. As polymers are used in various important applications, it becomes necessary to maintain the quality and shelf-life of the product. Thus, the demand for polymer stabilizers is expected to increase in various end-use industries as it provides long term stability and helps to maintain the product quality. Polymer stabilizers enhance the performance of the polymers and improve the color of the products. Polymer stabilizers are used to reduce degradation and extend the polymer's shelf-life by protecting its stiffness, strength, gloss, and flexibility. The various advantages offered by the polymer stabilizers and rising use of polymers are estimated to boosts the polymer stabilizers market.
MARKET SCOPE
The "Global Polymer Stabilizers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polymer stabilizers market with detailed market segmentation by type, end-use industry, and geography. The global polymer stabilizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer stabilizers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polymer stabilizers market is segmented on the basis of type, and end-use industry. On the basis of type, the polymer stabilizers market is segmented into antioxidants, heat stabilizers, light stabilizers, and others. The polymer stabilizers market on the basis of the end use is classified into packaging, automotive, consumer goods, building & construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polymer stabilizers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polymer stabilizers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polymer stabilizers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polymer stabilizers market in these regions.
MARKET PLAYERS
The reports cover key developments in the polymer stabilizers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polymer stabilizers market are anticipated to lucrative growth opportunities in the future with the rising demand for polymer stabilizers in the global market. Below mentioned is the list of few companies engaged in the polymer stabilizers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polymer stabilizers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Adeka Corporation
- Akzo Nobel N.V.
- Baerlocher
- BASF SE
- Clariant International Ltd.
- Kyowa Chemical Industry Co.,Ltd.
- Merck KGaA
- Solvay
- Songwon Industrial Group
- TCI America