Polymer Stabilizers Market by Type, by End-User and Geography – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019 – 2026

The global polymer stabilizers market is expected to witness a robust growth of USD 8.5 billion during the forecast period, 2020─2026. High adoption of adding polymer stabilizers to end-use products drives the market growth.

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Polymer stabilizers helps the adjoining materials in automobiles, building, packaging containers and surface coatings to prevent any deterioration, discoloring and brittleness. Oxidising reaction speeds up due to heat and ultraviolet light and places itself at the weak spots of polymer molecule. Further the reaction proceeds with free-radical mechanism and results in oxidation. Frequent occurrence of oxidation results into simultaneous degradation of the products. In some cases, polymers show a high thermal degradation. Therefore, to prevent any degradation insignificant quantities of chemicals are added to the polymers. Although the use of these chemicals to polymers remains small, the effect is relatively high and ensures high endurance to the life of polymers.

Simultaneously during the production process, polymer stabilizers are used to enhance the polymer properties. For instance, there is a growing demand for polymers in South and Central America, there is a considerable potential for polymer stabilizers as well. Polymer stabilizers are frequently used in the plastic processing. Apart, among a wide variety of polymer additives, plasticizers, additives and antioxidants are widely used in plastic processing on a global scale.

Polymer Stabilizers Market Trends, Drivers and Opportunities:

The market is highly driven by rise in demand for eco-friendly products in various end-use industries. Other factors such as demand for eco-friendly alternatives to plastic and wood, and chemicals is likely to influence the market demand. Market trends such as shift from traditional to modern approach is likely to be witnessed. On the other hand, restraints such as high cost of labor, material procurement, government regulations and quality standards have been confining the market growth. In addition, chemical process in plastic recycling hinders the use of plastic which in turn limits the market growth for polymer stabilizers.