Polymer Stabilizers Market - Growth, Trends, and Forecast (2020 - 2025)

The market is Segmented by Product Type (Antioxidants, Heat Stabilizer, Light Stabilizer, and Others), by End-user Industry (Packaging, Automotive, Consumer Goods, Building and Construction, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Market Snapshot

Study Period:

2016-2024

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

Greater Than 5 %

Major Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The global polymer stabilizers market is expected to grow at a CAGR of over 5% during the forecast period. Polymer stabilizers are added in polymers to prevent the degradation of polymers during processing or use. Polymers are often exposed to heat, cold and UV radiation, and can change its form due to such extreme conditions. The addition of stabilizers helps the polymer to maintain its form and serve well during its period of usage.

  • Increasing the use of energy-efficient plastics in the construction sector and increasing usage of hindered amine light stabilizer (HALS) in the packaging industry are expected to drive market growth.
  • Ban on plastic bags in various countries across the world is likely to hinder the growth of the market.

Scope of the Report

The global polymer stabilizers market includes:  

Product Type
Antioxidants
Heat Stabilizer
Light Stabilizer
Others
End-user Industry
Packaging (Including Films & Sheets)
Automotive
Consumer Goods
Building and Construction
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Rest of North America (Including Mexico)
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing Usage in Packaging Industry

  • Packaging is one of the fastest-growing end-user industries and is expected to maintain its position through the forecast period.
  • Packaging products such as bottles and food packaged items are required to survive extreme conditions such as heat, light, and humidity without any appearance changes and premature mechanical failure during the service life of the product. To achieve this, the addition of suitable stabilizers such as antioxidants, processing and heat stabilizers, UV and light stabilizers, processing aids etc. are required.
  • The addition of these stabilizers also allows for the development of newer applications for plastics.
  • Polymer stabilizers are also widely used in agricultural packaging applications. Agricultural films and plastics are designed as such that they impart properties such as protection against UV radiation, extreme temperatures and chemicals required for crop protection as they are used in greenhouses, tunnels, mulches and irrigation systems.
  • Globally, the food safety and packaging norms are getting stricter and are hence promoting good quality packaging, increasing the demand for polymer stabilizers periodically.
  • The growing retail market in the United States is driving the packaging industry, which in turn is expected to increase the consumption of plastics for packaging during the forecast period.
  • Such positive factors are expected to drive the market through the forecast period.

To understand key trends, Download Sample Report

Asia-Pacific to dominate the market

  • Asia-pacific is the largest and fastest-growing region in the market primarily due to the increasing demand from China and India.
  • The total investment in property has been steadily rising in China. Real estate investment, which is mainly focused on the residential sector also includes the construction of commercial and office space, is acting as the key driver for the growth of the construction sector in China.
  • Moreover, the number of high bridge constructions in China surpasses the rest of the world. In terms of skyscraper constructions, China dominated the rest of the world with the total number of skyscrapers constructed in China.
  • The packaging industry in the country is growing at a significant rate owing to the expanding food and beverage and retail industries. The country’s packaging industry is majorly driven by growing innovation in industries to make its product compact and portable.
  • With the growth in electronics, consumer goods, and healthcare industry, the consumption of packaging is further increasing. Hence, with the growing demand from several major end-user industries, the plastics consumption is likely to witness a rapid growth, during the forecast period.

To understand geography trends, Download Sample Report.

Competitive Landscape

The global polymer stabilizers market is a fragmented market, where the top five players account for about 32% of the market share. The key players in the market include BASF SE, Songwon, SK Capital Partners, Clariant, and Evonik Industries AG.

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Use of Energy Efficient Plastics in the Construction Sector

      2. 4.1.2 Increasing Usage of Hindered Amine Light Stabilizer (HALS) in the Packaging Industry

    2. 4.2 Restraints

      1. 4.2.1 Ban on Plastic Bags in Various Countries across the World

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 Antioxidants

      2. 5.1.2 Heat Stabilizer

      3. 5.1.3 Light Stabilizer

      4. 5.1.4 Others

    2. 5.2 End-user Industry

      1. 5.2.1 Packaging (Including Films & Sheets)

      2. 5.2.2 Automotive

      3. 5.2.3 Consumer Goods

      4. 5.2.4 Building and Construction

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Rest of North America (Including Mexico)

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Spain

        6. 5.3.3.6 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa (MEA)

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Adeka Corporation

      2. 6.4.2 BASF SE

      3. 6.4.3 Chitec Technology Co. Ltd

      4. 6.4.4 Clariant

      5. 6.4.5 Evonik Industries AG

      6. 6.4.6 PMC Group

      7. 6.4.7 Polyvel Inc.

      8. 6.4.8 SABO SpA

      9. 6.4.9 SK Capital Partners

      10. 6.4.10 Solvay

      11. 6.4.11 Songwon

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Related Reports