Heat Stabilizer Market Size, Share, Growth Report 2030

The global Heat Stabilizer market value was estimated at 4.5 (USD Billion) in 2019 and is projected to register a CAGR of nearly 4.6% during the period from 2019 to 2025. The market is projected to accrue earnings worth 7.5 (USD Billion) by 2025. The report offers valuation and analysis of the Heat Stabilizer market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

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Introduction

Heat stabilizer is an anti-oxidant utilized for protecting bio-polymers from detrimental heat impact during processing. These products are utilized in the medical grade PVC for protecting the PVC pipes against extreme temperatures during production. For instance, barium-zinc additive is one of the most effective type of heat stabilizer. However, its utility is restrained in medical sector in few of the countries. Reportedly, heat stabilizer absorb hydrogen chloride produced after PVC is decomposed at extreme temperatures, thereby preventing degeneration as well as discoloration of PVC. Precisely, these products are used for preventing degeneration of plastics due to heat at time of processing and hence are widely utilized in PVC compounds. The heat stabilizers also prevent thermal oxidation and can be termed as anti-oxidants or anti-oxidizing agents. They are also used in recycled materials for retarding degradation and re-stabilizing the use of plastic waste materials. Some of the heat stabilizers such as calcium zinc and barium zinc are metallic in nature. While Bisphenol type epoxy resin and hydrolyzed polyvinyl alcohol are non-metallic heat stabilizers. Moreover, Organotin is an organometallic heat stabilizer.

Report Scope:

Market Growth Dynamics

Massive demand for the heat stabilizers in production of PVC materials will pave a way for the growth of the industry over the ensuing years. Apparently, heat stabilizers are utilized on synthetic polymer plastics such as PVC for preventing adverse effects of ultraviolet light and heat on them. Heat stabilizers are added to plastics for offering them protection against mechanical deterioration of polymer both during the time of processing as well as use. These products also act as flame fire retardants as well as oxygen scavengers. All the aforementioned aspects will steer the heat stabilizers market size in the ensuing years. Nonetheless, strict laws pertaining to utilization of toxic substances due to environmental concerns will pose a threat for the growth of the heat stabilizers industry over the forecast timeframe.

Furthermore, the escalating utility of heat stabilizers in construction activities and packaging will culminate into huge market demand over the ensuing years. Surging industrialization has enhanced the popularity of plastic products, thereby leading to humungous expansion of heat stabilizers industry in the recent years. Growing use of rigid plastic packaging materials in food & beverages and healthcare & pharmaceutical sectors is projected to steer the expansion of heat stabilizers industry over the forecast timeframe.

Europe To Make Huge Contributions To Overall Market Size By 2025

Burgeoning product demand in Europe along with massive ongoing research activities in the continent will drive the regional market expansion in the years ahead. In addition to this, easy access to raw substances and large acceptance of heat stabilizers due to the awareness among the people about its benefits will aid in the heat stabilizers market expansion in the continent over the forecast timeframe.

Key players leveraging business growth are Baerlocher GmbH, Amfine Chemical Corporation, BASF SE, REAGENS SPA, Goldstab Organics Pvt. Ltd., Kisuma Chemicals, Modern Chemicals & Plastics, Galata Chemicals, ADEKA Corporation, Clariant, Chemson Polymer-Additive AG, and BRUNO BOCK.

The global heat stabilizer market is segmented as follows:

By type:

• Metal Soaps
  • Calcium-Based
  • Liquid Mixed Metals
  • Others
• Organotin
• Others

By application:

• Pipes & Fittings
• Profiles & Tubing
• Wires & Cables
• Coatings & Floorings
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa