The increasing demand for heat stabilizers in various industries, such as construction, packaging, and others boosts the market demand.
The global heat stabilizers market is forecast to reach USD 5,666.1 Million by 2028, according to a new report by Reports and Data. The increasing demand for plastics, especially PVC, in various applications, such as construction, packaging, and others boosts the market demand. Heat stabilizers are generally used in medical-grade PVC. Not only it protects against the high temperatures during processing but it also protects against the high heat it may encounter in storage or autoclaving. Barium-zinc additives are very beneficial heat stabilizers for PVC but are limited for medical applications in some countries. Alternatives like calcium-zinc formulations are often used to stabilize medical-grade PVC against heat. Heat stabilizers trap the hydrogen chloride that is generated when PVC decomposes at high temperatures, preventing discoloration and degradation of the material.
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Leading Players– Asúa Products, S.A., ADEKA CORPORATION, BASF SE, Baerlocher GmbH, Clariant International AG, BRUNO BOCK Chemische Fabrik GmbH & Co. KG, Ika Innovative Kunststoffaufbereitung GmbH & Co. Kg, Galata Chemicals, Oyak Group, Kisuma Chemicals, SONGWON, PMC Group, Inc., Vikas Ecotech Ltd., Reagens S.P.A., and Valtris Specialty Chemicals, among others.
Further key findings from the report suggest
- Among the application, the pipes & fittings accounted for the largest market share of ~28% in the year 2018. PVC pipes and fittings are currently manufactured using a wide range of stabilizers, especially Tin stabilizers. The product offers a synergistic effect with organotin stabilizers improving heat stability. It increases the softening point and thus reducing the formulation cost. The product can also enhance the long-term heat stability and allows the most demanding technical requirements for injection molding of PVC and CPVC fittings to be achieved.
- The profiles & tubing segment is forecasted to grow with the highest CAGR of 4.2% during the forecast period. Flexible piping is often considered as tubing. Tubing can be used in industrial, food, medical and a variety of other industries. Profile extrusions are typically used for doors, windows, siding and generally are made of PVC.
- The powders formulation accounted for the largest market share of ~42% in the year 2018. Heat stabilizers help the materials to better resist the damage that can stem from exposure to high temperatures. These powders are preferred as raw materials for construction material, it is used in medical devices, and kid’s toys, as protective housing for delicate cables and wires, and even in credit cards.
- The liquids formulation is forecasted to grow with a CAGR of 4.4% during the forecast period. PVC polymers are most common, which benefits from the addition of heat stabilizers. Polymers are the most susceptible to heat damage.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Heat Stabilizers market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Heat Stabilizers market.
Formulation Outlook (Volume, Kilo Tons and Revenue, USD Million; 2018-2028)
- Liquids
- Powders
- Others
Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2018-2028)
- Pipes & Fittings
- Profiles & Tubing
- Coatings & Floorings
- Wires & Cables
- Others
Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2018-2028)
- Heavy Metal
- Metallic Soaps
- Organic Tin
- Others
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Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Heat Stabilizers market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Heat Stabilizers market over the forecast years?
- Which are the leading players in the global Heat Stabilizers market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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