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Hindered Amine Light Stabilizer Market Share

Report ID: GMI6519
Published Date: Aug 2023
Report Format: PDF

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Hindered Amine Light Stabilizer Market Share

Some of the major players operating in the Hindered amine light stabilizer market are

BASF SE
Clariant AG
Solvay SA
Songwon Industrial Co., Ltd.
SABO S.p.A.
Everlight Chemical Industrial Corporation
Lycus Ltd.
Addivant
Mayzo, Inc.
ADEKA Corporation
Milliken & Company
Everspring Chemical Co., Ltd.
Chitec Technology Co., Ltd.
Astra Polymers Compounding Co.
Tianjin Bridging International Co., Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for hindered amine light stabilizer was valued at around USD 1.3 billion in 2023 and is estimated to reach USD 2.4 billion by the end of 2032 as HALS provide effective protection against UV degradation, making them essential for applications exposed to sunlight and outdoor conditions.

Liquid HALS held a dominant market share of around 55% in 2022 and is expected to grow at a lucrative pace through 2032. Liquid HALS can be easily incorporated into formulations without the need for additional processing steps, leading to simplified production processes.

U.S. HALS market was worth USD 0.25 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 as the automotive sector demands HALS for automotive coatings to protect vehicles from UV degradation and weathering.

BASF SE, Clariant AG, Solvay SA, Songwon Industrial Co., Ltd., SABO S.p.A., Everlight Chemical Industrial Corporation, Lycus Ltd., Addivant, Mayzo, Inc., ADEKA Corporation, and Milliken & Company among others,