Hindered Amine Light Stabilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Hindered Amine Light Stabilizers Market is segmented by Type (Polymeric, Monomeric, Oligomeric), Application (Plastics, Adhesives and Sealants, Paints and Coatings, and Others), and Geography (Asia-Pacific, North America, Europe, South America and Middle East and Africa).

Hindered Amine Light Stabilizers Market Size

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Market Summary-Hindered Amine Light Stabilizer Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 6.90 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Hindered Amine Light Stabilizer Market

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Hindered Amine Light Stabilizers Market Analysis

The market for hindered amine light stabilizers is expected to grow at a CAGR of more than 6.9% globally during the forecast period. Hindered amine light stabilizers are chemical compounds that contain a functional amine group that is used in plastics and polymers as stabilizers. They are primarily used to protect polymers from photo-oxidation effects. The growing consumption of plastics has been driving the market growth.

  • However, the outbreak of coronavirus across the globe is likely to hinder the growth of the studied market.
  • The rising awareness about the harmful effect of UV radiation is likely to provide opportunities for the hindered amine light stabilizer market over the next five years.
  • Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China and India.

Hindered Amine Light Stabilizers Market Trends

This section covers the major market trends shaping the Hindered Amine Light Stabilizer Market according to our research experts:

Plastics to Dominate the Market

  • Plastics stands to be the dominating segment owing to the broad application in automotive, packaging, construction, and among others.
  • When exposed to UV radiation plastics like polyvinyl chloride and polycarbonate appear to degrade. UV radiation initiates chemical reactions in plastics which lead to the breakdown and loss of plastics' chemical and physical properties, thus prompting the need for hindered amine light stabilizers.
  • Hindered amine light stabilizer finds application across the residential and commercial sector as a coating substrate in flooring, furniture, decking, and others. Hence, the rising adoption of plastic and wood in the construction and automotive industry is likely to propel the market growth.
  • North American and Asia-Pacific countries like the United States, China, and India have been recording a rise in residential construction projects, which is likely to drive the consumption of hindered amine light stabilizer over the forecast period.
  • All the aforementioned factors are expected to drive the hindered amine light stabilizer market during the forecast period.
Hindered Amine Light Stabilizer Market Revenue Share

Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region accounted for the major market share, primarily due to the increasing demand from industries, such as packaging, and construction.
  • The packaging market in Asia-Pacific is projected to grow at a CAGR of more than 6.00% during the forecast period (2020-2025).
  • In the Asia-Pacific region, China majorly drives the region's construction industry. The Chinese construction industry is still strong, but growth is slowing, as is economic growth. Even though the growth rate has been decreasing in the recent past, the construction industry is likely to register a growth rate of around 4% over the forecast period.
  • In addition, the growth of the market studied in the Asia-Pacific region is also driven by an increase in the trend of polyhouse cultivation.
  • Hence, all such market trends are expected to drive the demand for hindered amine light stabilizer market in the region during the forecast period.
  • However, the decline in demand from the automotive industry is hindering the growth of the hindered amine light stabilizer market during the forecast period.
  • The automotive industry in China has been declining since 2016. The automotive production decreased from 29.01 million units in 2017 to 25.7 million units in 2019 and registered a negative growth of 7.5% in 2019 over 2018. COVID-19 has even downsized the demand for automotive in China, and it is expected to continue this trend even after this pandemic, during the forecast period. 
Hindered Amine Light Stabilizer Market Regional Trends

Hindered Amine Light Stabilizers Industry Overview

The global hindered amine light stabilizer market is partially consolidated in nature with a few major players dominating a significant portion of the market. Some of the major companies are BASF SE, ADEKA CORPORATION, SABO S.p.A., Solvay, SI Group amongst others.

Hindered Amine Light Stabilizers Market Leaders

  1. BASF SE

  2. ADEKA CORPORATION

  3. SABO S.p.A.

  4. Solvay

  5. SI Group

*Disclaimer: Major Players sorted in no particular order

Hindered Amine Light Stabilizer Market Concentration.png
Need More Details on Market Players and Competitors?
Download PDF

Hindered Amine Light Stabilizers Market Report - 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 Growing Consmption of Plastics

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Unfavorable Conditions Arising Due to COVID-19 Outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Polymeric

      2. 5.1.2 Monomeric

      3. 5.1.3 Oligomeric

    2. 5.2 Application

      1. 5.2.1 Plastics

      2. 5.2.2 Paints and Coatings

      3. 5.2.3 Adhesives and Sealants

      4. 5.2.4 Others

    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 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 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 and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

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

    2. 6.2 Market Share/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 Amfine Chemical Corporation

      3. 6.4.3 BASF SE

      4. 6.4.4 Double Bond Chemical Ind., Co., Ltd.

      5. 6.4.5 Entec Polymers

      6. 6.4.6 Everlight Chemical Industrial Corp

      7. 6.4.7 Mayzo, Inc.

      8. 6.4.8 MPI Chemie BV

      9. 6.4.9 SABO S.p.A.

      10. 6.4.10 SI Group

      11. 6.4.11 Solvay

      12. 6.4.12 TCI

      13. 6.4.13 UNIQCHEM

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

    1. 7.1 Rising Awareness about the Harmful Effect of UV Radiation

    2. 7.2 Other Opportunities

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Hindered Amine Light Stabilizers Industry Segmentation

The hindered amine light stabilizer market report include:

Type
Polymeric
Monomeric
Oligomeric
Application
Plastics
Paints and Coatings
Adhesives and Sealants
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Hindered Amine Light Stabilizers Market Research FAQs

The Hindered Amine Light Stabilizer Market is projected to register a CAGR of greater than 6.90% during the forecast period (2024-2029)

BASF SE, ADEKA CORPORATION, SABO S.p.A. , Solvay and SI Group are the major companies operating in the Hindered Amine Light Stabilizer Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Hindered Amine Light Stabilizer Market.

The report covers the Hindered Amine Light Stabilizer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hindered Amine Light Stabilizer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Hindered Amine Light Stabilizers Industry Report

Statistics for the 2024 Hindered Amine Light Stabilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hindered Amine Light Stabilizers analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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

Please enter a valid email id!

Please enter a valid message!

Hindered Amine Light Stabilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)