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Heat stabilizer Market Trends

Report ID: GMI6329
Published Date: Jul 2023
Report Format: PDF

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Heat Stabilizer Market Trends

There was a growing demand for eco-friendly heat stabilizers that are free from heavy metals and other harmful substances. Manufacturers and consumers alike showed increased interest in sustainable and environmentally responsible heat stabilizer alternatives. With advancements in polymer technology and the need for materials to withstand more demanding applications, there was a rising trend towards high-performance heat stabilizers that offer superior thermal stability and durability. Different industries and applications have specific requirements for heat stabilizers. Thus, the growing prevalence is expected to expedite the Heat stabilizer industry expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Heat stabilizer market value was around USD 4.5 billion in 2022 and will reach USD 6.9 billion by 2032.

Heat stabilizers market share from the organotin stabilizer segment was valued at USD 0.8 billion in 2022 owing to wider usage of organotin heat stabilizers in the production of chlorinated polyvinyl chloride (CPVC) and certain PVC applications.

U.S. heat stabilizers market revenue was around USD 1 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032 attributed to growth of the construction industry in the region.

BASF SE (Germany), Songwon Industrial Co., Ltd. (South Korea), Arkema S.A. (France)m, Adeka Corporation (Japan), ADEKA POLYMER ADDITIVES Europe GmbH (Germany), Galata Chemicals (United States), Valtris Specialty Chemicals (United States), Baerlocher USA (United States), Brüggemann Chemical (Germany), Sun Ace Kakoh (Pte.) Ltd. (Singapore) among others.