Question 1

Who are the key players in hindered amine light stabilizer market?

Accepted Answer

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,

Question 2

How big is the U.S. hindered amine light stabilizer industry?

Accepted Answer

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.

Question 3

Why are liquid HALS gaining traction in hindered amine light stabilizer industry?

Accepted Answer

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.

Question 4

What is the size of the global hindered amine light stabilizer market?

Accepted Answer

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.

Hindered Amine Light Stabilizer Market Share

Hindered Amine Light Stabilizer Market Share

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