UV Stabilizers Market Size, Share, By Type (UV Absorbers, Hindered Amine Light Stabilizers, Quenchers, and Antioxidants), By End-User (Packaging, Automotive, Agriculture, Building and Construction, Adhesives and Sealants, and Others) and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI553824 | Publish Date: July 2024 | No. of Pages: 187

Uv Stabilizers Market Size

UV Stabilizers Market Size

UV stabilizers market size was valued at USD 2.1 billion in 2024 and is expected to grow at a CAGR of 6.1% to reach USD 3.60 billion by 2034

In order to shield materials from the damaging effects of ultraviolet radiation, UV stabilizers are added to them as chemical compounds. The majority of artificial light is produced by this sun-derived radiation, which also deteriorates materials by introducing discoloration, breaking, and loss of physical characteristics. These copolymers stabilize materials by absorbing, reflecting, or scattering harmful UV radiation so that the accessible chemical bonds are shielded from the detrimental effects and the material's durability and safety are increased. These are utilized not just in the US but also all over the world, where adhesives are applied to plastics, coatings, adhesives, and pretty much any other product that is made of polymers to guarantee excellent performance and durability.

Many of these compounds are applied to finished products, including fabrics, coatings, plastics, and a wide range of other items, to stop the sun's rays from causing deterioration, discoloration, and loss of mechanical qualities. The market for UV stabilizers has seen significant expansion on a global scale as a result of the increase in demand for long-lasting, high-performing products across many industries. Therefore, the use of UV stabilizers becomes necessary to achieve material integrity and an extended product lifecycle due to the growing consumer demand for sustainability development and lifecycle. The market for UV stabilizers may expand as a result of the increasing use of outdoor applications and increased awareness of the damaging effects of UV radiation.