Global UV Stabilizer Market Scenario Explored in New M&M Research Report Available at MarketPublishers.com
31 Mar 2016 • by Natalie Aster
LONDON – The world UV stabilizers market is expected to gain momentum in value in the next five years, registering a 6.7% CAGR. The market value will likely reach USD 324.4 million by 2020. Key market growth driver is the constantly growing demand for UV stabilizers from the construction and plastics industry.
Packaging segment is the most rapidly-growing sector of the worldwide UV stabilizers market. UV stabilizers are required to protect packages and their contents from damaging effects and discoloration of UV radiations as well as to provide low volatile, high quality and long durability to various packaging materials like caps, bottles, closures, drums, containers, films, etc. Growth in this application segment is predicted to be spurred by changing consumer lifestyles, rising disposable incomes, increase in food, beverage and pharmaceuticals industries, and also increased usage of plastics.
The highest growth rates (both in terms of volume and value) are registered in the APAC UV stabilizers market. The major factors propelling growth in this regional UV stabilizers market include expanding manufacturing industries, increasing foreign investments, high economic growth rates, cheap labor, rising plastics consumption along with shift in production capacity to the emerging markets from the developed markets.
Cutting-edge research report “UV Stabilizer Market” prepared by MarketsandMarkets (M&M) offers reliable data on the historical, actual and projected performance of the global UV stabilizers market as well as discusses the prevailing and emerging market trends. It examines the market dynamics, delves deep into the competitive landscape, contains analyses of the main geographical and also sheds light on the emerging opportunities.
UV Stabilizer Market by Type (HALS, UVA, Quenchers), by Application (Flooring & Decking, Furniture, Packaging, Automotive Coatings, Agriculture, Adhesives & Sealants), & by Region - Global Forecasts to 2020
Published: March, 2016
Price: US$ 4,650.00
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