Hindered Amine Light Stabilizers Market Growth Trends, Overview, Size, Demand, and Leading Players

Comments · 269 Views

The global market for Hindered Amine Light Stabilizers (HALS) is projected to reach USD 1.15 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022.

Hindered Amine Light Stabilizers Market Scope 

Hindered amine light stabilizers (HALS) are a type of chemical compound used in a variety of applications to protect against the damaging effects of light and heat. These stabilizers are often used in the plastics, coatings, and rubber industries to improve the stability and longevity of products. The Hindered amine light stabilizers (HALS) Market is expected to grow in the coming years due to increasing demand for stable and durable products in a wide range of industries. The global market for Hindered Amine Light Stabilizers (HALS) is projected to reach USD 1.15 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022. The growth of the construction, automotive, and packaging industries is also expected to drive demand for HALS.

Hindered amine light stabilizers (HALS) are a type of chemical additive used in the manufacturing of polymers, coatings, and other materials to improve their resistance to degradation caused by exposure to ultraviolet (UV) light. The HALS market is expected to grow in the coming years due to the increasing demand for UV-resistant materials in various end-use industries, such as automotive, construction, and packaging. Other factors driving the market growth include the need to reduce the environmental impact of materials and the growing awareness of the importance of UV stability in maintaining the performance and appearance of materials over time. The market is likely to be challenged by the increasing regulatory scrutiny of chemical additives, as well as the potential for environmental and health impacts associated with their use.

Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=265890219

Hindered Amine Light Stabilizers Market Drivers

Hindered amine light stabilizers (HALS) are a type of chemical compound that is used to protect materials from degradation caused by light and heat. There are several factors that are driving the market for HALS:

  • Increasing demand for polymer-based products
  • Growth in the construction industry
  • Rising demand for UV-resistant products
  • Increasing demand for sustainable products
  • Technological advancements in the production of HALS

Hindered Amine Light Stabilizers Market Segmentation

Hindered Amine Light Stabilizers Market can be segmented in several different ways, including by Type, End-use Industry and Region.

Based on Type:

  • Polymeric
  • Monomeric
  • Oligomeric

Based on End-use Industry:

  • Packaging
  • Automotive
  • Agriculture Films
  • Construction
  • Others

Based on Region:

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Thailand
    • Rest of Asia Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Turkey
    • Rest of Europe
  • Rest of the World
    • Brazil
    • Middle East Africa
    • Rest of South America

View Full Report with TOC List of Figure: https://www.marketsandmarkets.com/Market-Reports/hindered-amine-light-stabilizers-market-265890219.html#:~:text=The%20global%20Hindered%20Amine%20Light,7.1%25%20from%202017%20to%202022.

Hindered Amine Light Stabilizers Market Key Players

  • BASF SE (Germany)
  • SONGWON Industrial Co., Ltd (Korea)
  • Valtris Specialty Chemicals (US)
  • Double Bond Chemical Ind. Co. Ltd. (Taiwan)
  • Eutec Chemical Co., Ltd. (Taiwan)
  • Ziko Co., Ltd. (South Korea)
  • Lycus Ltd., LLC (US)
  • Western Reserve Chemical Corporation (US)
  • MPI Chemie B.V. (Netherlands)
  • Chemsfield Korea Co. Ltd. (Korea)
  • Rianlon Corporation (China)
  • Sovereign Chemical Co. (US)
  • Lambson Ltd. (UK)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Comments