PLASTIC STABILIZER MARKET Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

PLASTIC STABILIZER MARKET Overview: 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 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. By Type, Plastic Stabilizer are characterized into heat stabilizer, antioxidant, light stabilizer, and others. Among these type, heat stabilizers accounted for the largest market share, in 2016, due to increasing use of this type in the production of materials, to be used in numerous industrial applications along with building & construction industry. Antioxidant is another significant segment, which is estimated to grow at the highest CAGR during the forecast period, on account of the anticipated growth of packaging industry. Based on Materials, the market is divided into thermoplastic, thermosetting, and elastomers, wherein thermoplastic materials held major, 77.70% share of the market. This is attributed to a surging demand of this material from almost all the leading end use industries such as packaging, building & construction, automotive, and consumer goods. Plastic Stabilizer Market : Overview, Regional Analysis, Segmentation, Geographic Analysis, Key Players And Forecasts to 2023

PLASTIC STABILIZER MARKET Global Plastic Stabilizer Market Share, by End Use Industry, 2016 (%): The Global Plastic Stabilizer Market is segmented into packaging, building & construction, automotive, consumer goods, electrical & electronics, agriculture, and others. Packaging industry is the dominant segment, growing at the considerable CAGR to reach USD 3,202.3 million by the end of 2023, owing to the versatile characteristics properties offered by the product for manufacturing packaging films. Consumer industry is the second major consumer of the Plastic Stabilizer due to increasing usage of plastic in construction activities.

PLASTIC STABILIZER MARKET Regional Analysis: Geographically, the global plastic stabilizer is segmented into Asia Pacific, Europe, North America, Latin America, Middle East & Africa As per the MRFR analysis, Asia Pacific dominated the market and accounted for the largest share of the market in 2016, and expected to grow at a CAGR of 5.11%. Asia Pacific market is followed by North America, which is accounted for the second largest number of shares in the global plastic stabilizer market, as of North America is projected to be the second major market. Europe is a substantial region in the market, which accounts for 23% share of market as of Country wise, China is the leading market, in terms of value and volume, followed by the US. Browse

PLASTIC STABILIZER MARKET Segmentation: On the Basis of Type: Heat stabilizer, Antioxidant, Light stabilizer, Others On the Basis of Materials: Thermoplastic, Thermosetting, Elastomers Request a Sample

On the Basis of End Use Industry: Packaging, Building & Construction, Automotive, Consumer goods, Electrical & electronics, Agriculture, Others PLASTIC STABILIZER MARKET

PLASTIC STABILIZER MARKET Geographical Analysis: Global Plastic Stabilizer Market, during forecast period 2023 as follows- Asia Pacific- China India Japan Rest of Asia Pacific Europe- Germany UK Russia Italy France Rest of Europe North America- US Canada Middle East & Africa- Latin America- Brazil

PLASTIC STABILIZER MARKET Key Players: The major key players in the Global Plastic Stabilizer Market are as follows- BASF SE (Germany), Songwon Industrial Co.Ltd (South Korea), Clariant AG (Switzerland), Akzo Nobel N.V (the Netherlands), Evonik Industries AG (Germany), ADEKA CORPORATION (Japan), Solvay SA (Belgium), INDOFIL INDUSTRIES LIMITED (India), Bruggemann Group (Germany), Baerlocher GmbH (Germany), Others

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