13-Jan-2021 | Zion Market Research
As per analysts at Zion Market Research, the global heat stabilizer market is anticipated to advance at a CAGR of around 4.6% during the forecasted period 2019–2025. Heat stabilizers have a significant role as an additive in PVC processing and thermoplastic polymers. The PVC processes need heat stabilizers when it is subjected to heat (greater than 1000°C); HCl is discharged from the polymer backbone, which activates the decomposition, embrittlement, and discoloration. Heat stabilizers considerably surge the heat stability of polymers by scavenging discharged HCl molecules. The different kinds of heat stabilizers obtainable in the market are organic, metallic soaps, and others. The metallic soaps heat stabilizers are cadmium-based, lead-based, calcium-based, tin-based, and mixed metal stabilizers (namely Ca-Zn, Ba-Zn, Mg-Zn, and others). The two kinds of organic heat stabilizers are non-metallic organic and organometallic (organotin) stabilizers.
Some of the key players in the market are Goldstab Organics Pvt. Ltd., Kisuma Chemicals, Modern Chemicals & Plastics, Galata Chemicals, Baerlocher GmbH, ADEKA Corporation, Chemson Polymer-Additive AG, Amfine Chemical Corporation, BASF SE, Clariant, REAGENS SPA, and BRUNO BOCK.
Widespread Use Of PVC From Various Industries To Boost The Global Heat Stabilizer Market
The extensive utilization of PVC and its use over traditional materials like wood, glass, or metals in different end-use industries is the major aspect propelling the development of the global heat stabilizers market. In addition, the introduction of new organic alternatives of heat stabilizers to meet the harsh regulations by different regulatory bodies like the U.S. EPA and the European REACH and ECHA (European Chemical Agency) is also stimulating the expansion of the global heat stabilizers market. Nevertheless, rigorous guidelines against the utilization of heavy metal-based heat stabilizers are likely to limit the market development of the lead-based heat stabilizers at larger scale over the estimated period. The lead-based heat stabilizers are deliberately being eliminated from Europe under the Vinyl 2010/VinylPlus voluntary obligations of the PVC industry. Furthermore, they are being rapidly substituted by organic-based heat and mixed metallic soaps stabilizers, and are anticipated to impel the market growth over the forecasted period
The global heat stabilizer market is bifurcated on the basis of type, application, and regional analysis. Based on the type, the market is divided into metal soaps, organotin, and others. The metal soaps segment is subdivided into calcium-based, liquid mixed metals, and others. On the account of application, the market is divided into wires & cables, profiles & tubing, pipes & fittings, coatings & floorings, and others.
The Asia Pacific Region Anticipated To Dominate The Global Heat Stabilizer Market
Based on geographical analysis, the global heat stabilizer market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. While the Asia Pacific and Europe collectively contributed to over 80% of the revenue share in the global market for lead heat stabilizers, the tin heat stabilizers segment was dominated by North America. China is believed to be the most lucrative and strongest market for heat stabilizers, during the forecasted period. The Asia Pacific region is mostly expected to have high budding opportunities for market growth.
Browse the full “Heat Stabilizer Market - By Type (Metal Soaps, Organotin, And Others), By Application (Pipes & Fittings, Profiles & Tubing, Wires & Cables, Coatings & Floorings, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/heat-stabilizer-market
The global heat stabilizer market is segmented as follows:
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