Increasing demand for epoxy type stabilizers in the plastic and rubber industries for improved heat and light stability drives growth in the market
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-23040 Format: PDF Pages: 325
Report Highlights
According to a research survey conducted by ChemView Consulting, in Epoxy Type Stabilizers Market was worth US $ 584.06 Mn. The market is expected to grow at a CAGR of 4.0% between 2023 and 2033 to hit US $ 864.56 Mn by 2033 end.
Key Market Trends
Automotive Industry Drives Demand for Epoxy Type Stabilizers
The automotive industry is increasingly relying on epoxy type stabilizers to improve the performance and durability of their vehicles. This is due to the fact that epoxy type stabilizers are highly resistant to corrosion, heat, and other environmental factors, making them ideal for use in automotive applications. As the automotive industry continues to grow, the demand for epoxy type stabilizers is expected to increase significantly.
Construction Industry Boosts Demand for Epoxy Type Stabilizers
The construction industry is increasingly turning to epoxy type stabilizers to improve the strength and durability of their structures. This is due to the fact that epoxy type stabilizers are highly resistant to corrosion, heat, and other environmental factors, making them ideal for use in construction applications. As the construction industry continues to grow, the demand for epoxy type stabilizers is expected to increase significantly.
Market Drivers
Growing Demand from the Automotive Industry
Epoxy type stabilizers are also used in the automotive industry to enhance the performance and durability of automotive parts and components, such as dashboards, door panels, and upholstery. The increasing demand for lightweight and high-performance materials in the automotive industry is driving the growth of the epoxy type stabilizers market.
Technological Advancements in Stabilizer Production
The development of new and advanced stabilizer formulations that offer superior performance characteristics, such as improved thermal stability and weather resistance, is driving the growth of the epoxy type stabilizers market. As manufacturers continue to innovate and optimize their product portfolios, the market is expected to witness sustained growth in the future.
Segmentation Insights
Based on our analysis of the Epoxy Type Stabilizers Market, we have identified the top three most popular and trending segments in the industry. These segments are witnessing rapid growth, high demand, and strong market penetration
Most Popular (Fastest Growth Rate)
Heat Stabilizer
Heat stabilizers are the most popular type of stabilizer in the Epoxy Type Stabilizers Market, catering to a wide range of applications across different industries. These stabilizers help to prevent thermal degradation, oxidation, and discoloration, ensuring the durability and longevity of the epoxy resin. Heat stabilizers are extensively used in automotive and transportation, building and construction, and electrical and electronics industries.
Most Selling (Largest Market Share)
Paints and Coatings Application
Epoxy type stabilizers are extensively used in the production of paints and coatings, making it the most selling application in the market. These stabilizers help to enhance the performance of the coatings by improving their durability, scratch resistance, and weatherability. The high demand for paints and coatings in the automotive, building and construction, and marine industries is driving the growth of this segment.
Trending (Gaining Traction)
Renewable Energy and Power Generation
The Renewable Energy and Power Generation segment is emerging as a trending application for Epoxy Type Stabilizers. Epoxy resins are extensively used in the manufacturing of wind blade composite materials, which are used in wind turbines to generate renewable energy. These stabilizers help to improve the strength, stiffness, and fatigue resistance of the composite material, ensuring optimal performance in harsh environmental conditions.
Regional Insights
Asia-Pacific: A Dominant Market with High Demand in Construction Industry
The Asia-Pacific epoxy type stabilizers market is a dominant market with high demand in the construction industry, including pipes, flooring, and roofing applications. Countries like China, India, and Japan lead the market with their advanced manufacturing capabilities and increasing production capacities, making the Asia-Pacific region a key player in the global epoxy type stabilizers industry.
North America: A Growing Market with Expanding Applications in Packaging Industry
The North American market, including countries like the United States and Canada, is witnessing growth in the epoxy type stabilizers market due to its expanding applications in the packaging industry. The increasing focus on product development and the cost-competitive advantages of the region make North America an attractive market for epoxy type stabilizers manufacturers and investors.
Research Scope/Taxonomy
Market Analysis by Function:
Market Analysis by Application:
Market Analysis by End-Use Industry:
Market analysis by region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & ResearchFunction
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Function W.R.T. Application
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Application Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Source Landscape
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Function [Value (US$ Mn) and Volume (Tons) Analysis]
10.2.1. Heat Stabilizer
10.2.2. Light Stabilizer
10.2.3. Antioxidant Others
10.3. Market Attractiveness Analysis by Function
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Paints and Coatings
11.2.2. Adhesives and Sealants
11.2.3. Composites
11.3. Market Attractiveness Analysis by Application
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use Industry [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Automotive and Transportation
12.2.2. Building and Construction
12.2.3. Food and Beverages
12.2.4. Packaging
12.2.5. Renewable Energy and Power Generation (Wind Blade Composite Material)
12.2.6. Marine
12.2.7. Electrical and Electronics
12.2.8. Others
12.3. Market Attractiveness Analysis by End-Use Industry
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Function
14.3.3. By Application
14.3.4. By End-Use Industry
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Function
14.4.3. By Application
14.4.4. By End-Use Industry
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Function
15.3.3. By Application
15.3.4. By End-Use Industry
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Function
15.4.3. By Application
15.4.4. By End-Use Industry
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Function
16.3.3. By Application
16.3.4. By End-Use Industry
16.4. Market Attractiveness Analysis
16.4.1. By Function
16.4.2. By Application
16.4.3. By End-Use Industry
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Function
17.3.3. By Application
17.3.4. By End-Use Industry
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Function
17.4.3. By Application
17.4.4. By End-Use Industry
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Function
18.4.3. By Application
18.4.4. By End-Use Industry
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Function
18.5.3. By Application
18.5.4. By End-Use Industry
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Function
19.4.3. By Application
19.4.4. By End-Use Industry
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Function
19.5.3. By Application
19.5.4. By End-Use Industry
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. ion Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21.1. Clariant AG
21.1.1. Company Overview
21.1.2. & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. Solvay S.A.
21.3. ADEKA Corporation
21.4. BASF SE
21.5. Songwon Industrial Co., Ltd.
21.6. Akzo Nobel N.V.
21.7. Kyowa Chemical Industry Co., Ltd.
21.8. Huntsman Corporation
21.9. Evonik Industries AG
21.10. Albemarle Corporation