Type {UV Absorbers, Hindered Amine Light Stabilizers (HALS)}
Based on Type, the hindered amine light stabilizer (HALS) segment in the UV stabilizers market is estimated to witness the highest revenue share of 58% by the end of 2037. Considering their UV protection abilities, they are high in demand in multiple industries such as the construction sector. Growing awareness about UV degradation, rising demand for high-performance materials, escalating construction sectors, and regulatory needs are driving the demand for this segment.
Application (Packaging, Automotive, Agriculture, Building & Construction, Adhesives and Sealants)
In terms of application, the packaging segment in the UV stabilizers market is expected to record significant revenue in the forecast timeframe. UV stabilizers mainly offer protection to products from the harmful UV radiation of sun at the same time being properly stored and transported this property of UV stabilizers raises its demand in the packaging industry.
UV radiation can result in discoloration, fading, and other degradation results in products especially the ones that are sensitive such as food products, skin care products, cosmetics, or pharmaceuticals therefore usage of this product is gaining traction in the packaging applications. Moreover, the factors such as demand for product protection, regulatory needs, consumer expectation, and advancement in technology in UV stabilizers are estimated to propel the demand for UV stabilizers in the packaging sector.
Our in-depth analysis of the global UV stabilizers market includes the following segments:
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Author Credits: Rajrani Baghel
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