The UV Stabilizers Global Market Report 2023, provides comprehensive information on the uv stabilizers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s UV Stabilizers Global Market Report 2023, the market size is expected to grow from $1.56 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global uv stabilizers market is expected to grow to $2.17 billion in 2027 at a CAGR of 6.6%.
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The volatility in the raw material prices for UV stabilizers has restrained the UV stabilizers market. The production of UV stabilizers uses raw materials such as benzoyl chloride, benzene, aluminum chloride, sodium nitrite, acetic acid, and others. The prices of these raw materials fluctuate regularly. Depending upon the price and availability of the raw materials, the manufacturing cost of UV stabilizers is affected adversely. Prices of some of the raw materials used for the production of UV stabilizers are Benzoyl Chloride for $37.1 for 1000g, Benzene for $696.7 per MT, and Sodium Nitrate for $40 for 1 kg. The prices of raw materials are continuously changing as per market situations such as availability, demand, and supply. This leads to fluctuation in the prices of raw materials used for the production of UV stabilizers.
The uv stabilizers market is segmented:
1) By Type: Hindered Amine Light Stabilizers, UV Absorbers, Quenchers
2) By End-Use Industry: Architectural, Agriculture, Automotive, Furniture, Packaging, Other End-Use Industries
3) By Application: Coatings, Adhesives and Sealants, Plastics, Other Applications
Asia-Pacific was the largest region in the uv stabilizers market in 2022.
The table of contents in TBRC’s uv stabilizers market report includes:
- Executive Summary
- UV Stabilizers Market Characteristics
- UV Stabilizers Market Trends And Strategies
- UV Stabilizers Market – Macro Economic Scenario
- UV Stabilizers Market Size And Growth
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- Africa UV Stabilizers Market
- UV Stabilizers Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The UV Stabilizers Market
- UV Stabilizers Market Future Outlook and Potential Analysis
- Appendix
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