Global UV Light Stabilizers Market By Product Type, (UV Absorbers, Hindered Amine Light Stabilizers (HALS),Quenchers), By Application, (Flooring, Decking, Automobile, Furniture), By Geography, (North America, Europe, Asia-Pacific,Rest of the World), Estimation & Forecast, 2016 - 2024

Global UV Light Stabilizers Market was valued at $310 million in 2016 and is expected to reach $631.5 million by 2024, having a CAGR of 9.5% during the forecast period of 2017 to 2024. In 2016, the HALS segment gained the highest revenue share in the global UV light stabilizers market.

The increasing use of refrigerators and air conditioners, has significantly led to the rising level of UV radiation due to the release of gases affecting the ozone layer. According to United Nations Environment Program, a sustained 1% depletion of ozone layer will trigger 2-3% increase in incidences of skin cancer. The increasing UV radiation owing to the enhanced usability of gas emitting equipment, supplements the growth of UV light stabilizers market. UV light stabilizers are used as coating substrates that minimize the harmful effect of UV radiation. Therefore, manufactures use UV light stabilizers to protect components that are exposed to UV radiation in an effort to prevent damage and avoid losses.

Market Determinants

The global UV light stabilizers market has witnessed growth in the recent years due to the advancements in technology. The prime factor driving the growth of global UV light stabilizers market is its application in the agriculture and non-agriculture sectors such as polyhouses, construction, packaging, etc. Moreover, the soaring levels of UV radiations and increasing awareness regarding its harmful effects are fueling the market growth. According to the Environmental Protection Agency, exposure to ozone levels greater than 70 parts per billion for 8 hours or longer is unhealthy. Such concentrations occur in or near cities during periods where the atmosphere is warm and stable. However, the high investment costs, complexities faced during manufacturing, and expensive products act as the major hurdles in the growth of the market. Whereas, advancements in nanotechnology and its penetration in the coating industry is expected to create huge opportunities for the growth of market in the coming years.

Segment Analysis

The global UV light stabilizers market is segmented on the basis of product type, application, and geography. By product type, the market is segmented into UV absorbers, Hindered Amine Light Stabilizers (HALS), and quenchers. On the basis of application, the market is segmented as flooring, furniture, decking, automobile, and others. Geography wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific was the largest UV light stabilizers market in terms of revenue, by holding nearly more than 50% shares of the market, in 2016. It is expected to maintain its dominance and grow with a CAGR of 9.73% from 2017-2024.

Some reputed players in the market are ALTANA AG (BYK-Chemie GmbH), BASF SE, Akcros Chemicals Ltd., Cytec Industries, Inc., Mayzo, Inc., Chemtura Corporation, AkzoNobel N.V., Everlight Chemical Industrial Co., Clariant Ltd. and Lycus Ltd. BASF SE agreed to buy a polyamides business from Solvay SA for $1.9 billion after getting a formal consent from Koch Industries Inc., which has a joint venture with Solvay in the high-margin polyamides segment, to move ahead with the acquisition. The acquisition is expected to boost BASFs presence in engineered plastics for car.

GLOBAL UV LIGHT STABILIZERS MARKET SEGMENTATION

By Product type

UV Absorbers
Hindered Amine Light Stabilizers (HALS)
Quenchers
By Application

Flooring
Decking
Automobile
Furniture
Others
By Geography

North America
Europe
Asia-Pacific
Rest of the World
KEY MARKET PLAYERS

ALTANA AG (BYK-Chemie GmbH)
BASF SE
Akcros Chemicals Ltd.
Cytec Industries Inc.
Mayzo Inc.
Chemtura Corporation
AkzoNobel N.V.
Everlight Chemical Industrial Co.
Clariant Ltd.
Lycus Ltd.
CHAPTER 1. INTRODUCTION

1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. ESEARCH SCOPE

CHAPTER 2. MARKET LANDSCAPE
2.1. RESEARCH SUMMARY
2.2. VALUE CHAIN ANALYSIS
2.3. FIVE FORCES ANALYSIS
2.4. MARKET SHARE ANALYSIS
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.7.1. Drivers
2.7.1.1. Increasing level of UV radiations
2.7.1.2. Booming agri and non-agri sector
2.7.1.3. Advancement in products
2.7.1.4. Rising awareness regarding ill effects of UV rays
2.7.2. Restraints
2.7.2.1. High cost products
2.7.2.2. Huge investments and complexities in manufacturing
2.7.3. Opportunities
2.7.3.1. Advancement in nanotechnology

CHAPTER 3. GLOBAL UV LIGHT STABILIZER MARKET BY PRODUCT TYPE
3.1. SEGMENT OUTLINE
3.2. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024
3.3. UV ABSORBERS
3.3.1. Trend analysis
3.3.2. Market growth indicators
3.3.3. Global UV absorbers market revenue by region,2016-2024
3.4. HALS
3.4.1. Trend analysis
3.4.2. Market growth indicators
3.4.3. Global HALS market revenue by region,2016-2024
3.5. QUENCHERS
3.5.1. Trend analysis
3.5.2. Market growth indicators
3.5.3. Global quenchers market revenue by region,2016-2024

CHAPTER 4. GLOBAL UV LIGHT STABILIZER MARKET BY APPLICATION
4.1. SEGMENT OUTLINE
4.2. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY APPLICATION,2016-2024
4.3. FLOORING
4.3.1. Trend analysis
4.3.2. Market growth indicators
4.3.3. Global flooring market revenue by region,2016-2024
4.4. FURNITURE
4.4.1. Trend analysis
4.4.2. Market growth indicators
4.4.3. Global furniture market revenue by region,2016-2024
4.5. DECKING
4.5.1. Trend analysis
4.5.2. Market growth indicators
4.5.3. Global decking market revenue by region,2016-2024
4.6. AUTOMOBILE
4.6.1. Trend analysis
4.6.2. Market growth indicators
4.6.3. Global automobile market revenue by region,2016-2024
4.7. OTHERS
4.7.1. Trend analysis
4.7.2. Market growth indicators
4.7.3. Global others market revenue by region,2016-2024

CHAPTER 5. GLOBAL UV LIGHT STABILIZER MARKET BY GEOGRAPHY
5.1. SEGMENT OUTLINE
5.2. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY GEOGRAPHY,2016-2024
5.3. NORTH AMERICA
5.3.1. Trend analysis
5.3.2. Market growth indicators
5.3.3. North America UV light stabilizer market revenue by product type,2016-2024
5.4. EUROPE
5.4.1. Trend analysis
5.4.2. Market growth indicators
5.4.3. Europe UV light stabilizer market revenue by product type,2016-2024
5.5. ASIA-PACIFIC
5.5.1. Trend analysis
5.5.2. Market growth indicators
5.5.3. APAC UV light stabilizer market revenue by product type,2016-2024
5.6. REST OF THE WORLD
5.6.1. Trend analysis
5.6.2. Market growth indicators
5.6.3. ROW UV light stabilizer market revenue by product type,2016-2024

CHAPTER 6. KEY VENDOR PROFILES
6.1. BASF SE
6.1.1. Company synopsis
6.1.2. Company snapshot
6.1.3. Business overview
6.1.4. Strategic analysis
6.2. CHEMTURA CORPORATION
6.2.1. Company synopsis
6.2.2. Company snapshot
6.2.3. Business overview
6.2.4. Strategic analysis
6.3. MAYZO, INC.
6.3.1. Company synopsis
6.3.2. Company snapshot
6.3.3. Business overview
6.3.4. Strategic analysis
6.4. AKZO NOBEL N.V.
6.4.1. Company synopsis
6.4.2. Company snapshot
6.4.3. Business overview
6.4.4. Strategic analysis
6.5. LYCUS LTD.
6.5.1. Company synopsis
6.5.2. Company snapshot
6.5.3. Business overview
6.5.4. Strategic analysis
6.6. ALTANA AG ( BYK-CHEMIE, GMBH)
6.6.1. Company synopsis
6.6.2. Company snapshot
6.6.3. Business overview
6.6.4. Strategic analysis
6.7. AKCROS CHEMICALS LTD.
6.7.1. Company synopsis
6.7.2. Company snapshot
6.7.3. Business overview
6.7.4. Strategic analysis
6.8. EVERLIGHT CHEMICAL INDUSTRIES CO.
6.8.1. Company synopsis
6.8.2. Company snapshot
6.8.3. Business overview
6.8.4. Strategic analysis
6.9. CLARIANT LTD.
6.9.1. Company synopsis
6.9.2. Company snapshot
6.9.3. Business overview
6.9.4. Strategic analysis
6.10. CYTEC INDUSTRIES, INC.
6.10.1. Company synopsis
6.10.2. Company snapshot
6.10.3. Business overview
6.10.4. Strategic analysis

LIST OF TABLES

TABLE NO 1. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
TABLE NO 2. GLOBAL UV ABSORBERS MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 3. GLOBAL HALS MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 4. GLOBAL QUENCHERS MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 5. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY APPLICATION,2016-2024($MILLION)
TABLE NO 6. GLOBAL FLOORING MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 7. GLOBAL FURNITURE MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 8. GLOBAL DECKING MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 9. GLOBAL AUTOMOBILE MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 10. GLOBAL OTHERS MARKET REVENUE BY REGION,2016-2024($MILLION)
TABLE NO 11. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY GEOGRAPHY,2016-2024($MILLION)
TABLE NO 12. NORTH AMERICA UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
TABLE NO 13. EUROPE UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
TABLE NO 14. APAC UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
TABLE NO 15. ROW UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
TABLE NO 16. XXX SNAPSHOT
TABLE NO 17. KEY STRATEGIES XXX
TABLE NO 18. XXX SNAPSHOT
TABLE NO 19. KEY STRATEGIES XXX
TABLE NO 20. XXX SNAPSHOT
TABLE NO 21. KEY STRATEGIES XXX
TABLE NO 22. XXX SNAPSHOT
TABLE NO 23. KEY STRATEGIES XXX
TABLE NO 24. XXX SNAPSHOT
TABLE NO 25. KEY STRATEGIES XXX
TABLE NO 26. XXX SNAPSHOT
TABLE NO 27. KEY STRATEGIES XXX
TABLE NO 28. XXX SNAPSHOT
TABLE NO 29. KEY STRATEGIES XXX
TABLE NO 30. XXX SNAPSHOT
TABLE NO 31. KEY STRATEGIES XXX
TABLE NO 32. XXX SNAPSHOT
TABLE NO 33. KEY STRATEGIES XXX
TABLE NO 34. XXX SNAPSHOT
TABLE NO 35. KEY STRATEGIES XXX

LIST OF FIGURES

FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET SHARE ANALYSIS
FIGURE NO 4. INVESTMENT OPPORTUNITIES
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
FIGURE NO 7. GLOBAL UV ABSORBERS MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 8. GLOBAL HALS MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 9. GLOBAL QUENCHERS MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 10. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY APPLICATION,2016-2024($MILLION)
FIGURE NO 11. GLOBAL FLOORING MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 12. GLOBAL FURNITURE MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 13. GLOBAL DECKING MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 14. GLOBAL AUTOMOBILE MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 15. GLOBAL OTHERS MARKET REVENUE BY REGION,2016-2024($MILLION)
FIGURE NO 16. GLOBAL UV LIGHT STABILIZER MARKET REVENUE BY GEOGRAPHY,2016-2024($MILLION)
FIGURE NO 17. NORTH AMERICA UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
FIGURE NO 18. EUROPE UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
FIGURE NO 19. APAC UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)
FIGURE NO 20. ROW UV LIGHT STABILIZER MARKET REVENUE BY PRODUCT TYPE,2016-2024($MILLION)

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