Ceresana Research has conducted a market study on stabilizers and it is expected that the revenues of global stabilizers market will reach approximately 4.8 billion USD by 2018.
In 2010, Asia-Pacific has been leading the worldwide stabilizers market and is followed by North America and Western Europe. Plastics are protected from light and heat by stabilizers, which are also known as indispensable additives.
Ceresana expects that the Asia-Pacific region will continue to lead the market in the future. In addition, Eastern Europe, South America and the Middle East shows growth rates in the range of 3.5-4.7%.
The study shows that the growth of the plastics industry, particularly polyvinyl chloride (PVC) sector, greatly influences the demand for stabilizers. Heat stabilizers are primarily utilized in PVC products, which in turn are used by the construction industry. Such industries across the globe have a major impact on material demand. The demand for light stabilizers is rapidly growing in the market, and demand for Hindered Amine Light Stabilizers (HALS) will rise in the upcoming years. HALS materials are employed in polyethylene and polypropylene-based products.
It is seen that different countries use different types of stabilizers. Other variety of stabilizers will be used to replace lead stabilizers, mainly in Europe. However, the application of lead stabilizers will continue to increase in India and China. Barium-zinc stabilizers have high demand in the flooring industry and calcium-zinc stabilizers are utilized for cable protection.
The study report from Ceresana includes summary of various types of stabilizers, applications of different stabilizers, stabilizer market analysis and presentation, market data and profiles of 149 stabilizer manufactures.