Plastic Stabilizer Market 2019 Segmentation by Product Types and Application with Forecast to 2023

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Plastic Stabilizer Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Plastic Stabilizer Market Research Report-
Forecast to 2023
Plastic Stabilizer Market - Overview
Plastic Stabilizer is a type of plastic additive,
used to enhance the properties of plastic. It
provides protection from UV rays and high
temperatures, prevents oxidation, and chain
scission (molecular deterioration of the polymers
at high temperatures) properties. It imparts
greater weatherability to the substrate and
maintains viscosity of the material which
facilitates its processing and fabrication.
Plastic Stabilizers find their major applications
in pipes, window profiles, toys, cable ducts,
packaging films, automotive components and
others. The Global Plastic Stabilizer Market is
expected to grow at CAGR of 4.49 to reach USD
8,577.1 million till 2023. Growing demand of
plastic in automotive industry to replace
conventional material, huge consumption of
plastics in day to day life, and rising demand of
plastics in Asia Pacific are some of the major
factors driving growth of the market. Increasing
demand from end-use industries such as packaging,
building construction and automotive is
anticipated to drive Global Plastic Stabilizer
Market growth over the forecast period. The rise
of middle class population in developing region
of Asia Pacific and Latin America such as China,
India, Brazil, and Mexico is driving the growth
of manufacturing sector along with increasing
purchasing power. In addition, migration towards
urban areas, relative increase in per capita
consumption and liberal FDI norms have worked
together towards the growth of plastic stabilizer
consumption over the last decade and is set to
continue over the forecast period. Plastic
Stabilizer are added to various plastics in order
to enrich their properties. They are helpful in
providing protection from obstructions such as
high temperature, UV rays, oxidation, and chain
scission properties. The usefulness of the
stabilizers against weathering is determined by
the solubility, capability to stabilize in
various polymer matrix, the dispersal in matrix,
evaporation loss at the time of processing and
usage.
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Plastic Stabilizer Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Plastic Stabilizer Market is
segmented on the basis of Type, Material, End Use
Industry and Region. On the Basis of Type,
market is divided into heat stabilizer,
antioxidant, light stabilizer, and others. Based
on Application, the market is segmented into
thermoplastic, thermosetting, and
elastomers. Furthermore, by End Use Industry,
the market is categorized into packaging,
building construction, automotive, consumer
goods, electrical electronics, agriculture, and
others. Geographically, the Global Plastic
Stabilizer Market is segmented into, Asia
Pacific, Europe, North America, Latin America,
and the Middle East Africa. To Access Report _at_
https//www.marketresearchfuture.com/reports/plast
ic-stabilizer-market-4442

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Plastic Stabilizer Market Research Report-
Forecast to 2023
Regional Outlook
The Global Plastic Stabilizer Market is spanned
across five key regions Asia Pacific, Europe,
North America, Latin America, and the Middle East
Africa. Among them, Asia Pacific accounted for
the largest share of the market in 2016, and is
projected to grow at the highest CAGR of 5.11
during the review period. The dominance of Asia
Pacific region is primarily attributed to the
increasing demand for the product in
manufacturing consumer goods and expanding
production capacity in this region. Asia Pacific
region is closely followed by North America,
which accounted for the second largest market
share in 2016. The U.S. accounted for the highest
market share in North America and is expected to
remain dominant throughout the forecast period
owing to greater penetration of end use
industries in the country. Europe is a
significant region in the Global Plastic
Stabilizer Market. It accounted for a 23 share
of the market in 2016. Germany dominates the
regional market in terms of value and volume due
to increasing demand from a well-established
automotive industry. Europe is followed by Latin
America and the Middle East Africa, which are
estimated to grow at moderate rate during the
forecast period.
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Plastic Stabilizer Market Research Report-
Forecast to 2023
Major Players in this Research

• Plastic Stabilizer Market Prominent Players
• BASF SE (Germany)
• Songwon Industrial Co., Ltd (South Korea)
• Clariant AG (Switzerland)
• Akzo Nobel N.V (the Netherlands)
• Evonik Industries AG (Germany)
• ADEKA CORPORATION (Japan)
• Solvay SA (Belgium)
• INDOFIL INDUSTRIES LIMITED (India)
• Bruggemann Group (Germany)
• Baerlocher GmbH (Germany)

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