UV Stabilizers Market Trends and Outlook 2018

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UV Stabilizers Market 2018 - 2023

• Global UV Stabilizers Market is expected to
  increase at 5.24 CAGR to register revenue of
  1748.60million by 2023.

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North America held major share and growth in
the UV Stabilizers Market during 2018-2023

• Increasing infrastructural development and
  the growing use of automobile, particularly in
  the developing countries of Asia-Pacific
  continues to raise applications including
  construction, automotive and furniture.
  Asia-Pacific market segment in application is
  expected to lead in the market, with a growing
  CAGR of 5.78 to reach revenue of 677.91 million
  in 2023. Whereas, in various applications, among
  which automotive and floor coatings have
  accounted for the largest share of 52 and is
  estimated to maintain its dominance. Europe
  market for application segment is the leading
  region to grow at a CAGR of 4.74 and to reach
  revenue of 494.48 million by 2023. Automotive
  holds the largest share in Europe market, and is
  largely growing in Germany, U.K. and Italy.
  North America market is expected to grow at a
  CAGRof 5.11 during the forecast period
  of2018-2023.
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3
Selected Market Share Analysis done in the
full report

• The market for UV Stabilizers in UV
  absorbers is set to see an upsurge due to the
  increasing global plastics additives consumption.
  The market revenue was 640.97 million in 2017
  and is poised to reach 820.43 million by 2023,
  rising at a CAGR of 4.20 during the forecast
  period. The market will see an upsurge due to the
  use of more coatings in rising infrastructural
  countries. The market for UV Stabilizers in
  Hindered Amine Light Stabilizers (HALS) is set to
  grow due to increasing use of polymers additives,
  thus preventing the gloss and other aesthetic
  properties. The market revenue was 541.41
  million in 2017, which is predicted to reach
  revenue of 741.43, rising at a CAGR of 5.38
  during the forecast period. Quenchers in UV
  Stabilizers market is seen to grow at very
  minimal speed, which is 3.67 of CAGR to reach
  134.47 million by 2023. Among all the
  applications,Floor Coating is the leading one
  with highest CAGR of 5.59 and is expected to
  continue its dominance during the period of
  2018-2023.

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4
Excerpts Market Growth Factors Mentioned in the
Full Report

• The mounting demand for UV stabilizer is due to
  the growing construction and automotive
  industries driven by the demand of plastics is
  driving the growth of the market.
• Increasing varieties of chemicals and change in
  chemical compound carries growth opportunities at
  a high rate in the markets of APAC and North
  America.
• Indian residential real estate industry has over
  the last few decades provided impetus to home
  decor market. Increased consciousness among the
  home owners for stylish exteriors and beautiful
  indoors is driving the growth in furniture
  application. .
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5
Key players of UV Stabilizers Market

• Major industrial multinational firms in the
  UV stabilizers industry such as BASF, Songwon,
  Solvay and Clariant is likely to positively
  affect the market, owing to the increasing
  product launches by the these companies. BASF SE
  comprises a product known as Tinuvin used in
  Chemicals, Performance Products, Functional
  Materials and Solutions, Agricultural Solutions
  and Oil Gas. Solvay is known in the market for
  CyasorbCynergy Solutions, used in the areas of
  agriculture, packaging, sheet molding,
  automotive, coatings among others.Clariant
  provides CESA light and Hostavin for UV and Light
  Stabilizers.

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