Global hydrolysis stabilizer market value is anticipated to grow with an impressive CAGR during the forecast years on the backbone of the growing demand for plastic additives to stabilize their structure and extend the service life of plastics and polyurethanes.
Surging demands for tailor-made anti-hydrolysis agents for use in individual applications to outstandingly meet requirements with respect to stabilization performance, toxicology, emissions, and handling of the plastics further drives the growth of the global hydrolysis stabilizer market in the upcoming five years. Plastics and polyurethanes have tendencies to degrade in a short span of time and the products made of them stand useless, thus the demands to extend the shelf life of these products facilitates the growth of plastic additives such as hydrolysis stabilizers thereby aiding the growth of the global hydrolysis stabilizers market in the future five years.
Polymers containing ester groups, or manufactured by polycondensation, generally display a weakness when attacked by water or moisture, particularly at elevated temperatures. This degradation or breakdown of polymers by water and acids is known as hydrolysis. Hydrolysis stabilizers provide additive solutions especially suited to improve the hydrolysis resistance of poly-condensates, expanding their range of applications.
The use of the hydrolysis stabilizer is cost-efficient too for the manufacturing of multiple products. Cable sheathing, shoe systems, rollers, PU hot/cold casting systems, engineering injection moldings, electronic housings, etc. use hydrolysis stabilizers in their manufacturing.
Growing demand for plastic products and polyurethanes will facilitate the growth of the global hydrolysis stabilizer market in the upcoming five years. Hydrolysis stabilizers are higher in order due to growing demands for plastics from the end-use sectors. Manufacturing of plastic containers and other similar products demands sturdy and stable compounds that prolong the shelf life of the products which would further facilitate the growth of the global hydrolysis stabilizer market in the forecast years.
Growing research and technological advancement also substantiates the growth of the global hydrolysis stabilizer market in the upcoming five years. The market players are actively investing in revolutionizing the chemical research sector, such that more stability, longer shelf life, and higher strength material can be observed which would aid the growth of the global hydrolysis stabilizers market in the next five years. Although certain governments have banned the use of plastic and additives in the plastic since their uncontrolled disposals have created concern for the environment. Biodegradable plastics are thus gaining a lot of attraction and thus may fuel the growth of the global hydrolysis stabilizer market in the future five years.
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The global hydrolysis stabilizers market segmentation is based on resin, end-use, regional distribution, and competitive landscape. Based on resin, the market is fragmented into PU (Polyurethane), PET (Polyethylene Terephthalate), PBT (Polybutylene Terephthalate), TPU (Thermoplastic Polyurethane), TPE-E (Thermoplastic Polyester Elastomer), EVA (Ethylene Vinyl Acetate) and bio-based polyesters (PLA & PHA), and others. The market is bifurcated by end-use into packaging, automotive, consumer goods, furniture, construction, and others. The market analysis also studies the regional segmentation, divided among the Asia-Pacific region, North American region, European & CIS region, the South American region, and the Middle East & African region.
BASF SE, Songowan International, Lanxess, Akzo Novel N.V., Solvay SA, Wacker Chemie AG, Evonik Industries AG, Albemarle Corporation, Adeka Corporation, Addivant USA, Aquapersions M SDN BHD, Unichem Shanghai Co Ltd., Meraxis AG, Suqian Unitedchem Co Ltd., Shandong Jianxing New Materials., are enlisted in a partial list of major market players of the global hydrolysis stabilizers market.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Resin · End-Use |
Regional scope | North America; Europe & CIS; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, Australia, South Korea, Indonesia, Vietnam, Germany, France, United Kingdom, Russia, Italy, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Egypt, Iran. |
Key companies profiled | BASF SE, Songowan International, Lanxess, Akzo Novel N.V., Solvay SA, Wacker Chemie AG, Evonik Industries AG, Albemarle Corporation, Adeka Corporation, Addivant USA, Aquapersions M SDN BHD, Unichem Shanghai Co Ltd., Meraxis AG, Suqian Unitedchem Co Ltd., Shandong Jianxing New Materials. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
In this report, the global hydrolysis stabilizer market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global hydrolysis stabilizer market.
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5.1. Preferences of Brands for Using Hydrolysis Stabilizer
5.2. Reasons for Using Hydrolysis Stabilizer
5.3. Preferred Point of Purchase
6.1. By Region
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Resin (PU, PET, PBT, TPU, TPE-E, EVA, and bio-based Polyesters (PLA & PHA), Others)
7.2.2. By End-Use (Packaging, Automotive, Consumer Goods, Furniture, Construction & Others)
7.2.3. By Company (2021)
7.2.4. By Region
7.3. Product Market Map
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Resin
8.2.2. By End-Use
8.2.3. By Country
8.3. Pricing Analysis
8.4. North America: Country Analysis
8.4.1. United States Hydrolysis Stabilizer Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Type
8.4.1.2.2. By End-Use
8.4.2. Mexico Hydrolysis Stabilizer Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Type
8.4.2.2.2. By End-Use
8.4.3. Canada Hydrolysis Stabilizer Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Type
8.4.3.2.2. By End-Use
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