Polymer Stabilizer

Polymer stabilizers are used to prevent premature degradation. Most of the polymers are vulnerable to environmental degradation and require the addition of a stabilizer such as an antioxidant or UV absorber. Polymer additives such as the amine light stabilizers prevent oxidation by de-activating existing radicals formed by air oxidation whereas UV absorbers dissipate UV radiation. The factors that are augmenting the market growth include increasing demand for plastics across various industries and the growing popularity of light stabilizers in the Asia-Pacific region. Conventional materials are being replaced by plastics in various end-user industries that is augmenting the polymer stabilizer market during the forecast period 2019-2025.
Plastics are effective substitutes to wood, metal, and glass in main industries such as agriculture, automotive, and construction. This has spurred the demand for stabilizers used for polymers in the manufacturing of plastic products. Asia-Pacific is one of the major markets for polymer stabilizer due to the increasing consumer base resulting in exaggerating demand from the construction industry. The increasing automobile market in the region resulting in more consumption of heat and light stabilizers, driving the polymer stabilizer market. Major companies that are contributing to the growth of the market include BASF SE, Solvay SA, Songwon Industrial Co., Ltd., Albemarle Corp., Clariant International Ltd., and Akzo Nobel NV.
Research methodology
The market study of the global polymer stabilizer market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include
• Financial reports of companies involved in the market
• Whitepapers such as research papers and news blogs
• Company websites and their product catalog.
The report is intended for chemical and pharmaceutical industries, government organizations for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, growth opportunity in the market, product types. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
THE REPORT COVERS
• Comprehensive research methodology of the global polymer stabilizer market.
• In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global polymer stabilizer market.
• Insights about market determinants which are stimulating the global polymer stabilizer market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.