The report "Polymer Stabilizer Market by Type (Antioxidant, Light Stabilzier, Heat Stabilizer), End-use Industry (Packaging, Automotive, Building & Construction, Consumer Goods), and Region - Global Forecast to 2022", The global market for polymer stabilizer is estimated at USD 6.88 Billion in 2017 and is projected to grow at a CAGR of 4.0% to reach USD 8.35 Billion by 2022.

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This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg BusinessWeek, and Factiva) to identify and collect information useful for this technical, market-oriented, and commercial study of the polymer stabilizer market. The primary sources mainly include several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the market has been split into several segments and subsegments.

Scope of the Report

This report categorizes the global polymer stabilizer market on the basis of type, end-use industry, and region.

Polymer Stabilizer Market, by Type:
• Antioxidant
• Heat Stabilizer
• Light Stabilizer
• Others

Polymer Stabilizer Market, by End-use Industry:
• Packaging
• Automotive
• Building & Construction
• Consumer Goods
• Others

Polymer Stabilizer Market, by Region:
• North America
• Asia Pacific
• Europe
• Middle East & Africa
• Central & South America

The packaging end-use industry is expected to grow at the highest CAGR in terms of value, during the forecast period due to increasing construction activities, increased demand for automobiles, and rising trade.

Growing populations, and high disposable incomes are expected to lead to high demand for convenience and ready-to-eat packaged products during the forecast period. This is due to the rising demand for eco-friendly and UV and heat resistant coating components to protect the packaging material and the products stored in that packaged material from degradation.

The Asia-Pacific region is projected to be the fastest-growing market in terms of value, during the forecast period because of the rapidly growing automotive, and building & construction industry, in countries such as Japan, India, and South Korea. Increasing infrastructural developments are primarily responsible for the high demand for polymer stabilizers.

Increasing construction activities are expected to lead to an increase in the use of pipes, conduits, fittings, decking, and roofing during the same period, thereby increasing the demand for the polymer stabilizer used in these products. China is the largest automobile manufacturer in the Asia-Pacific region and is among the leaders in the global automotive market.
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The polymer stabilizer value chain includes companies such as BASF SE (Germany), Songwon Industrial Co., Ltd. (South Korea), Albemarle Corporation (US), and Clariant International Ltd. (Switzerland) that manufacture different types of polymer stabilizers. Further, the products manufactured by these companies are used by automotive, agriculture, and construction & mining related companies such as Ford Motor Company (US), General Motors Company (US), Vinci SA (France), and Bechtel Corporation (US), among others.
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