The global heat stabilizers market is estimated at USD 3.77 billion in 2017 and is projected to reach USD 4.57 billion by 2022, at a CAGR of 4.0% from 2017 to 2022
The global heat stabilizers market is estimated at USD 3.77 billion in 2017 and is projected to reach USD 4.57 billion by 2022, at a CAGR of 4.0% from 2017 to 2022. The growth of the market is triggered by the growing awareness for using organic-based products.
LONDON, March 5, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5351833
There is an increasing demand for green solutions by various end-use industries, which is leading to a high demand for technologically advanced, low-cost heat stabilizers. However, stringent regulations associated with the use of toxic materials such as lead, butyltin, and cadmium act as a major restraint for the market.
Calcium-based heat stabilizers is the largest type segment in the global heat stabilizers market.
Based on type, calcium-based accounted for the largest share of the global heat stabilizers market in 2016. This large share is mainly attributed to the high demand for low-cost and environment-friendly heat stabilizers, being used majorly in the construction and automotive industries.
Pipes & fittings is the largest application segment of the global heat stabilizers market.
Based on application, the pipes & fittings segment is projected to lead the market between 2017 and 2022. Heat stabilizers are widely used in the construction and automotive industries, especially in commercial and residential buildings with PVC material as a better alternative to conventional metal-, glass-, or wood-based materials.
PVC materials typically offer enhanced properties as compared to conventional materials in terms of design flexibility, transparency, weatherability, and aesthetic appearance. The high demand for PVC-based heat stabilizers from the construction industry is expected to drive the heat stabilizers market between 2017 and 2022
APAC is expected to be to be the largest heat stabilizers market during the forecast period.
The APAC region is expected to lead the global heat stabilizers market between 2017 and 2022. China is the key producer and consumer of heat stabilizers in APAC. Intensive R&D, easy availability of raw materials, rising standards of living, and awareness among consumers for environmental protection by using renewable products have led to an increase in the demand for heat stabilizers in APAC.
Breakdown of profiles of primary interviews for the report
• By Company Type: Tier 1 – 50%, Tier 2 –30%, and Tier 3 – 20%
• By Designation: C Level – 50%, Director Level – 20%, and Others – 30%
• By Region: APAC– 32%, Europe – 29%, North America – 21%, Middle East & Africa – 11%, South America – 7%
Some of the key companies profiled in this report include Chemson Group (Austria), Songwon Industrial Co., Ltd. (South Korea), Galata Chemicals LLC (US), and PMC Organometallix Inc. (US), among others.
Research Coverage
This research study aims at identifying emerging trends and opportunities in the global heat stabilizers market, along with a detailed classification, in terms of value. It identifies key players in the market and provides a comprehensive competitive landscape.
The global heat stabilizers market has been segmented by type, application, and region. Based on type, the market has been segmented into metal soaps (calcium-based, liquid mixed metals, others), organotin, and others. Based on application, the market has been segmented into pipes & fittings, profiles & tubing, coatings & floorings, wires & cables, and others. Based on region, the market has been segmented into APAC, Europe, North America, Central & South America, and the Middle East & Africa.
Key benefits of buying the report
• Market segmentation based on type, application, and region
• Market dynamics including drivers, restraints, and opportunities
• Porter's Five Forces Analysis
• Profile of key players in the global heat stabilizers market
Download the full report: https://www.reportbuyer.com/product/5351833
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