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Polymer Stabilizer Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
| A10473 | Pages: NA | Jun 2021 | 59 Views | | |
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !Polymer Stabilizer Market Insights and Forecast -2027
Polymer stabilizers are chemical compounds that are used as additives during the production of plastic. These compounds are used to reduce the degradation of polymers, including thermal degradation, damage from UV rays and oxidation. As the polymers have a wide range of applications that involve in exposure to different environmental conditions causing undesirable reactions, it is important to make them chemically stable. Polymer stabilizers are used to prevent such reactions so that the polymer products retain their properties and can be used for a longer period of time.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Industry Vertical, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | Songwon Industrial Co., Ltd., AkzoNobel, Adeka Corporation, Chitec Technology Co., Ltd., BASF SE, Grafe Advanced Polymers GmbH, Solvay SA., Albemarle Corporation, Mayzo Inc., Clariant International Ltd., Bayer AG, The DOW Chemical Company, Addivant, Baerlocher, Vanderbilt Chemical LLC, Valtris Specialty Chemical, Milliken & Company, Lambson Ltd., Ichemco SRL and Qingdao Jade New Material Technology. |
COVID-19 scenario analysis:
- The global market for polymer stabilizers is severely impacted by the outbreak of the COVID-19 pandemic.
- The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of polymer stabilizers, which negatively impact the market growth.
However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.
Top impacting factors: market scenario analysis, trends , drivers, and impact analysis
The rapid increase in usage of polymers in different end user industries such as packaging, electronics, automobile and others has played a key role in driving the growth of the polymer stabilizer market. Different polymers such as Poly vinyl chloride and polycarbonate play a significant role in maintaining the quality and longevity of a product. As a result, the demand for stabilizers increases to help these polymers maintain their form and remain stable. Apart from enhancing the longevity of the polymeric compound, the polymer stabilizers also enhance the colors and appearance on the polymers. However the high manufacturing cost of these compounds and the capital intensive processes might act as a restraining factor for the market.
The Asia Pacific region holds a significant share of the global polymer stabilizer market duet the rapid developments in the packaging, automotive and electronics industries along with the infrastructural developments in the emerging economies like India and China. The market in Europe and North America region is also expected to witness lucrative growth due to the huge investment in automotive and healthcare industries in the developed nations.
Key segments covered:
Segments | Subsegments |
Type |
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Industry Vertical |
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Key benefits of the report:
- This study presents the analytical depiction of the global polymer stabilizer industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global polymer stabilizer market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global polymer stabilizer market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global polymer stabilizer market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the polymer stabilizer market research report:
- Which are the leading players active in the polymer stabilizer market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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