Plastic Stabilizer Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2017 - 2025

Plastic Stabilizer Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description


Global Plastic Stabilizer Market: Overview

Plastic Stabilizers are compounds used to inhibit the aging of plastic polymers. Plastic tends to degrade due to direct or indirect exposure to processing heat, sunlight, microorganisms, and other conditions. Stabilizer prevents plastic from deterioration and discoloring. It helps prevent plastic from becoming brittle. Stabilizer is used either individually or in combination with other stabilizers.

The global plastic stabilizer market can be segmented based on stabilizer type, plastic type, end-use industry, and region. In terms of stabilizer type, the plastic stabilizer market can be divided into thermal stabilizer, antioxidants, light absorber, fire retardants, and microbial stabilizers. The fire retardants segment can be further bifurcated into additive type and reactive type. In terms of plastic material, the plastic stabilizer market can be classified into thermoplastic, thermosetting, and elastomers. Based on end-use industry, the plastic stabilizer market can be segregated into automotive, building & construction, packaging, electrical & electronics, consumer goods, and others. In terms of region, the plastic stabilizer market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Rise in demand for plastic products in different applications is expected to boost the plastic stabilizer market during the forecast period. Demand for thermal or heat stabilizers is increasing in order to inhibit deterioration of heat prone plastic polymers. Plastic stabilizers include metal oxides and organometallics. Thermal Plastic Stabilizer Market are primarily required for PVC thermoplastics. Demand for antioxidants is rising for all types of plastics as they are susceptible to the oxygen and ozone attack in the environment. Secondary aromatic amines, hydroxyquinolines, phenols, and aryl phosphites are employed as antioxidant stabilizers. Ultraviolet absorbers or light stabilizers absorb ultraviolet light by preventing photo oxidative destruction of plastic. Demand for light stabilizers is rising in the automotive and building & construction industries where plastic parts are exposed to sunlight. Demand for fire retardant stabilizers is higher for polyester, urethane, and PVC plastics. These stabilizers are employed in automotive and electrical & electronics industries. Microbial stabilizers are employed to prevent plastic from fungi and bacteria attack. Demand for stabilizers is expected to increase in the consumer goods industry. The heat stabilizer segment is expected to hold prominent share of the plastic stabilizer market in the near future. The heat stabilizer segment is estimated to expand owing to the rise in applications in plastics utilized in pipes & tanks. Increase in demand for plastics in automotive and packaging industries is projected to boost the plastic stabilizer market in the next few years. However, implementation of stringent regulations on environmentally hazardous compounds such as lead is likely to hamper the plastic stabilizer market during the forecast period.

Asia Pacific is anticipated to dominate the plastic stabilizer market during the forecast period. The market in the region is projected to expand at a rapid pace. The plastic stabilizer market in Asia Pacific is influenced by large manufacturing capacities in China, India, and Japan. North America is projected to constitute major share of the plastic stabilizer market, followed by Europe, during the forecast period. Germany is expected to dominate the plastic stabilizer market in Europe due to the presence of large automotive industry in the country. Demand for Plastic Stabilizer Market in Latin America & Middle East & Africa is anticipated to increase at a moderate pace in the next few years.

Key players operating in the plastic stabilizer market include Clariant, BASF SE, Solvay S.A., Akzo Nobel N.V., Baerlocher GmbH, and LANXESS Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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