Ultraviolet (UV) stabilizers are used in several chemical procedures to avoid photodegradation, and this degradation happens when the UV collides with polymers. According to BlueQuark Research & Consulting, the global UV stabilizers market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing consumption of UV stabilizers in the polymer industry and the increasing demand for UV stabilizers from wood coatings are expected to drive the need for the Ultraviolet stabilizer market in the forecasted period. In addition, factors such as the increase in the acceptance of these UV stabilizers by the automotive industry to improve automotive components are expected to drive demand for the global UV stabilizers market in the forecasted period. Furthermore, the developments in ultraviolet stabilizers for building and construction applications are predicted to drive the need for the Ultraviolet stabilizers market in the forecasted period. However, volatility in UV stabilizer raw material prices and stringent governmental regulations continue to act as bottlenecks in the global UV stabilizers market.

UV stabilizers are used by the architectural, agricultural, automotive, furniture, and packaging industries for coatings, sealants, adhesives, and plastics.

Hindered Amine Light Stabilizer are UV stabilizers that can be utilized to preserve plastic and polymer products of any thickness. Unlike UV absorbers, Hindered Amine Light Stabilizers do not absorb UV rays. They inhibit the degradation of the polymer by constantly and cyclically removing free radicals produced by the photooxidation of the polymer. HALS is used in plastic packaging, shipping sacks, coatings, and agricultural films to resist photodegradation. Unlike UV absorbers, they can be utilized with substrates of any thickness. Even though HALS are highly effective in polyethylene, polyolefins, and polyurethane, they are ineffective in polyvinyl chloride as their capability to form nitroxyl radicals is disrupted due to their being readily protonated by the HCl released by the dehydrohalogenation of PVC. The demand for HALS is primarily driven by its increasing application in plastic packaging, automotive, architectural coatings, and agricultural films. The biological and chemical effects of UV light on the environment are several. UV light causes polymer materials to crack, change color, chalk, and lose some physical qualities. The fading of plastic colorants is also hastened by UV light. As a result, polymer materials leave their physical attributes and become bland. The UV absorbers preferentially absorb harmful UV radiation, while the HALS form nitroxyl radicals to inhibit the degradation of the polymer. As a result of being regenerated during the stabilization process, HALS provides high thermal and optical stability. Rising investments by foreign companies, growing production facilities, a solid industrial base for the packaging and automotive sectors, and an increasing standard of living are the other factors contributing to the development of the global market for UV stabilizers in the region.

Asia Pacific is predicted to observe a high CAGR in the global UV stabilizers market. The packaging market in China is increasing owing to the rapid rate of technological improvement and Research & Development efforts in the food packaging market, where there is a critical market demand for safer and cleaner packaging goods. In addition, the rise in the manufacturing of vehicles by the automotive sector and the use of packaging contributed to the market's growth. The UV protection required for polyethylene terephthalate (PET) fibers will also be one of the important end-use segments within the packaging sector. The key factor driving the global UV stabilizers market is the rising use of low-cost raw materials such as plastic and wood, which require the coating of UV stabilizers to impart high thermal stability. Due to the increasing population, the improved standard of living, and urbanization, there is a surging demand for automobiles. The automotive industry produces lightweight vehicles utilizing plastic materials and UV stabilizers to promote the durability of vehicles' components. UV radiation can degrade food and beverage packaging, pharmaceutical items, housekeeping items, cosmetics, and personal care products, causing faster oxidation of oils and fats, food color fading, and less vitamin content in fruit juices and milk. Ultraviolet stabilizers preserve plastic packaging and its material against the sun's harmful effects of UV and infrared radiation. Polyethylene terephthalate (PET) packaging is increasing in the food and beverage business. Therefore, the need for barrier PET bottles that offer ultraviolet protection is rising. Nickel quenchers are mainly used for agricultural film applications as they balance UV protection and interaction with pesticides. The UV stabilizers enhance the features of nets used in agriculture that protect the plants kept inside the greenhouse. The growing demand for greenhouse films globally is anticipated to play a vital role in driving the UV stabilizer market.

The market's key players are KNV Chemicals Inc ., Ampacet Corporation, Phoenix Plastics, Chitec Technology Co., Ltd ., Everlight Chemical Industrial Co., and Valtris Specialty Chemicals.

In 2021, Songon Co. Ltd . extended its long-standing partnership for the SABO, STAB, and HALS portfolios.

In February 2021, Holland Colors launched the Thermostretch UV stabilizer. This UV stabilizer is used in the production of PET dairy bottles.

The Global UV Stabilizers Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by UV Stabilizers segmenting based on type (Hindered amine light stabilizers, UV absorbers, and quenchers), Application (packaging, automotive, agriculture, building and construction, adhesives and sealants, and other applications), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The research examines emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched sections on the competitive landscape with prominent companies and profiles, including their market shares and projects.