Welcoming the New Normal in the Post COVID Era! Here is New Intel that Will Help Understand the Growth & Opportunity for Hindered Amine Light Stabilizers (HALS)
The global market for Hindered Amine Light Stabilizers (HALS) is projected to reach US$1.2 billion by 2025, driven by the growing ubiquity of polymers as advanced materials used in a wide range of consumer and industrial products.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Hindered Amine Light Stabilizers (HALS) market. Report segmentation includes Application (Packaging, Automotive, Agriculture Films, Construction, Other Applications); Type (Polymeric, Monomeric, Oligomeric)).
7 June 5:04 A.M., California/Marketwire/ - According to the new market research report, the global market for Hindered Amine Light Stabilizers (HALS) is projected to reach US$1.2 billion by 2025, driven by the growing ubiquity of polymers as advanced materials used in a wide range of consumer and industrial products. The global push towards substitution of paper, metals, wood and glass with polymers is additionally driving their use and ubiquity worldwide. Packaging, automobiles and healthcare are major emerging markets for polymers. Under this scenario durability of polymers is gaining increased attention. Against this backdrop, service life prediction is becoming increasingly important. Defined as chemical compounds containing amines as antioxidant for long-term heat protection of polymers, HALS are valuable in engineering durable polymers.
An important group of polymer additives, HALS play a key role in protecting polymers from UV radiation and are critical in ensuring reliability of polymer based products/solutions. HALS are effective inhibitors of free-radical induced degradation of polymers. Photo-oxidation caused by UV radiation results in cracks and rapid degradation of the polymer`s mechanical properties. High molecular weight (MW) HALS are effective long-term heat stabilizers and are valuable for use in PE-based agricultural films, PP fibers, talc-filled PP, TPO automotive parts, styrenic polymers (ABS, ASA), polyamide fibers, polyurethanes, and elastomers. Low molecular weight HALS, on the other hand are also effective for use in PP, TPO, styrenic polymers (HIPS, SAN, ABS, ASA), polyamides, polyurethanes, polyacetals, acrylics, elastomers, adhesives, and sealants. Focused investment intensive research on polymer solar cells will expand opportunities for HALS, with research studies showing HALS as effective in preventing photooxidation of all-polymer methylammonium lead iodide perovskite (MAPI) based photovoltaic devices. The market over the medium to long-term period will benefits from ongoing research efforts aimed at developing, characterization and quantitation of new HALS. The food packaging sector will offer the strongest potential for growth supported by growing use of transparent packaging solutions which need to withstand longer outdoor exposure to light.
Key Competitors Covered in the Report
Addivant USA LLC
Beijing Tiangang Auxiliary Co., Ltd.
Chitec Technology Co., Ltd.
Clariant AG (Switzerland)
Double Bond Chemical Ind., Co., Ltd.
Everlight Chemical Industrial Corp.
Qingdao Jade New Material Technology
SUNSHOW (Yantai) Specialty Chemical Co., Ltd
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 3437. Among this pool, 619 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 103 unique participations, a total of 46 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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Global Industry Analysts, Inc.