Global Hindered Amine Light Stabilizers (HALS) Market Trends And Strategies Of Major Players In The HALS Market 2021-2030

28 Jul, 2021

The hindered amine light stabilizers (HALS) market consists of sales of hindered amine light stabilizers by entities (organizations, sole traders, and partnerships) that manufacture hindered amine light stabilizers. Hindered amine light stabilizers are chemical substances with an amine functional group that is used as stabilizers in polymers and plastics. They protect polymer coatings from photo-oxidative damage by producing nitroxide radicals.

Global Hindered Amine Light Stabilizers (HALS) Market Size And Drivers:

The global hindered amine light stabilizers (HALS) market is expected to grow from $809.48 million in 2020 to $856.77 million in 2021 at a compound annual growth rate (CAGR) of 5.8%. The growth in the hindered amine light stabilizers market is mainly due to the growth in the construction industry, increasing demand for packaging materials, agriculture films, and automotive components & coatings, rising demand for highly effective additives from industrial applications, and growing demand for UV resistant coated plastics, polymers, and wood products. The HALS market is expected to reach $1,270.94 million in 2025 at a CAGR of 10.4%. The growth in the construction industry is projected to fuel the demand for the hindered amine light stabilizers over the coming years.

Request For A Sample For The Global Hindered Amine Light Stabilizers (HALS) Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5168&type=smp

Trends In The Global Hindered Amine Light Stabilizers (HALS) Market

The expansion of production facilities is a key trend shaping the hindered amine light stabilizers market. Major players operating in the hindered amine light stabilizers sector are focusing on production facility expansions to improve their capacity to meet rising demand from emerging markets. For instance, in April 2021, Clariant, a Switzerland-based specialty chemical company revealed the beginning of a new world-class process and light stabilizer production facility, including hindered amine light stabilizer production. Clariant and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), a china-based manufacturer and provider of light stabilizers jointly own this production facility. It enables Clariant and Tiangang to build on their strong partnership by enhancing their capacity to meet China's rising demand for high process and light stabilizers from local growth sectors such as automotive, textiles, and coatings.

Global Hindered Amine Light Stabilizers (HALS) Market Segments:
The global hindered amine light stabilizers market is further segmented based on type, application, end use industry and geography.
By Type: Polymeric, Monomeric, Oligomeric
By Application: Plastics, Paints And Coatings, Adhesives And Sealants, Others
By End Use Industry: Packaging, Automotive, Agriculture Films, Construction, Others
By Geography: The global hindered amine light stabilizers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the HALs market in 2020.

Read More On The Report For The Global Hindered Amine Light Stabilizers (HALS) Market At:

https://www.thebusinessresearchcompany.com/report/hindered-amine-light-stabilizers-hals-global-market-report

Hindered Amine Light Stabilizers (HALS) Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides hindered amine light stabilizers (HALS) market overviews, analyzes and forecasts market size and growth for the global hindered amine light stabilizers (HALS) market, hindered amine light stabilizers (HALS) market share, hindered amine light stabilizers (HALS) market players, hindered amine light stabilizers (HALS) market segments and geographies, hindered amine light stabilizers (HALS) market’s leading competitors’ revenues, profiles and market shares. The hindered amine light stabilizers (HALS) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Call Us

+1 3156230293

(Americas)

+44 2071930708

(Europe)

+91 8897263534

(Asia & Others)