Home > Chemicals & Materials > Advanced Materials > Functional Materials > Hindered Amine Light Stabilizer Market

Hindered Amine Light Stabilizer Market Trends

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

Download Free Sample

Hindered Amine Light Stabilizer Market Trends

The trend toward sustainability and environmentally friendly products has led to the development of HALS with reduced environmental impact and greater biodegradability. There is growing demand for high-performance HALS that offer extended protection against UV radiation and other environmental stressors, especially in applications requiring long-term durability. Nano-sized HALS particles are being developed to provide enhanced dispersion and compatibility in various formulations, resulting in improved overall performance.

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,