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| PVC Stabilizers Market |
The global PVC Stabilizers Market is estimated to be valued at US$ 1468.95 Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
PVC stabilizers are chemical additives that are added to unprocessed PVC resin
to improve lifespan and performance during manufacture and end-use. They
protect PVC from degradation caused by heat, light, and other environmental
factors. Without stabilizers, PVC would rapidly decompose during processing and
end-use.
Market key trends:
Heat stabilizers account for the largest and fastest growing segment in the
global PVC stabilizers market. Heat stabilizers protect PVC from degradation
caused by heat during processing and subsequent use. They inhibit the
dissociation of hydrogen chloride (HCl) from the PVC polymer when heated. This
maintains the stability and durability of PVC materials during manufacture and
use. Growing demand from the construction industry for heat and UV resistant
PVC pipes and profiles is fueling the demand for heat stabilizers.
Segment Analysis
The global PVC stabilizers market can be segmented by type, end-use industry,
and region. Based on type, the heat stabilizers segment dominated the market in
2022. Heat stabilizers protect PVC polymers from degradation under heat by
radiation and minimize molecular chain scission reactions. They are heavily
used in extruded and calendared PVC products where processing requires heating.
Based on end-use industry, the building and construction industry is the
largest consumer of PVC stabilizers due to extensive use of PVC products like
pipes, fittings, doors, and windows.
Key Takeaways
The global PVC
Stabilizers Market Growth is expected to witness high growth,
exhibiting a CAGR of 5.0% over the
forecast period, due to increasing demand from the construction industry.
Regional analysis
Asia Pacific dominated the global PVC stabilizers market in 2022 and is
projected to continue its dominance during the forecast period. This is
attributed to the extensive demand from China, India, and Southeast Asian
countries due to increasing construction activities.
Key players
Key players operating in the PVC stabilizers market include Adeka Corporation,
Baerlocher GmbH, Chemson Polymer Additive AG, Galata Chemicals, Jiangsu Uniwel
Chemistry Co. Ltd, KD Chem Co. Ltd, Pau Tai Industrial Corporation, PMC Group
Inc., PT TIMAH Tbk, Reagens SpA, Shital Industries Pvt Ltd, SONGWON, Sun Ace
Kakoh (Pte) Ltd, Valtris Specialty Chemicals, and Vikas Ecotech Ltd. The global
PVC stabilizers market is moderately fragmented with global and domestic
players competing for market share.
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