The entire hindered amine light stabilizers market has been sub-categorized into type and end-use industry. current and future demand for hindered amine light stabilizers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The major players in the hindered amine light stabilizers market include BASF SE, Cytec Solvay Group, Clariant AG, Adeka Corporation, Songwon Industrial Co., Ltd., Everlight Chemical Industrial Corporation, Chitec Technology Co., Ltd., Sabo S.P.A., Double Bond Chemical Ind. Co. Ltd., Beijing Tiangang Auxiliary Co..
The ubiquitous nature of polymers used in various consumer and industrial products will be the major driver for the growth of this market. The HAL market will see strong growth from the packaging industry due to the use of these materials on packaging solutions subject to prolonged exposure to sunlight. Their use as heat stabilisers in the automotive industry, aerospace and health care sectors will boost the demand. Intensive research carried out in the use of these HALs in the energy sector will propel market growth. The HAL market will witness a positive impact due to the COVID-19 pandemic since there is a rise in the need for packaging solutions for masks and test kits. The main restraining factor for market growth could be the strict regulations laid down by the government with regards to packaging solutions.
By Type
- Polymeric
- Monomeric
- Oligomeric
By End-Use Industry
- Automotive
- Packaging
- Agriculture Films
- Construction
- Others
Source: https://www.valuemarketresearch.com/report/hindered-amine-light-stabilizers-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.