Ultraviolet (UV) Stabilizers Market
Ultraviolet (UV) Stabilizers Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Ultraviolet (UV) Stabilizers Market Size and Growth
The Ultraviolet (UV) Stabilizers market is experiencing steady growth, driven by increasing demand from industries such as plastics and coatings. Current estimates indicate a market size of approximately $1.3 billion, with a projected CAGR of around 5% through 2028. Key trends include the shift towards sustainable and innovative formulations to enhance product durability.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Clariant
◍ Cytec Solvay Group
◍ Evonik Industries
◍ Songwon
◍ Addivant
◍ Everlight Chemical Industrial
◍ Lycus
◍ Mayzo
◍ Ampacet Corporation
The Ultraviolet (UV) Stabilizers Market features key players like BASF, Clariant, and Evonik, who supply formulations that enhance product longevity by preventing UV degradation. Companies contribute to market growth through innovation and application development across sectors like plastics and coatings. Sales figures include BASF: $84 billion; Evonik: $15 billion.
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Market Segmentation
By Application
Furniture
Automotive Coating ◍ Packaging ◍ Other
By Product
◍ Hindered Amine Light Stabilizer (HALS) ◍ UV Absorbers ◍ Quencher
Other
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Market Growth
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$ X Billion USD
