According to a new report by UnivDatos, The Hindered Amine Light Stabilizers (HALS) Market is expected to reach USD million in 2033 by growing at a CAGR of 7.8% during the forecast period (2025-2033F). Increasing application in the automotive and packaging industries, agriculture, and building industries has brought growth opportunities for development in the global Hindered Amine Light Stabilizers (HALS) market. Also, as UV-resistant and durable polymers are required for outdoor and long-lifespan applications, HALS has become a key additive because it is one of the best inhibitors of polymer degradation when polymers are exposed to sunlight. Urbanization and the execution of new infrastructure projects shall be other factors stimulating demand for weather-resistant materials, mainly in emerging market economies. Also, growing consciousness for sustainability and product life has encouraged manufacturers to use HALS in the formulations of recyclable and high-performance polymers.
Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/hindered-amine-light-stabilizers-market?popup=report-enquiry
Considering the rapid advancements in polymer protective coatings, the following are some of the updates related to the Hindered Amine Light Stabilizers:
- In 2022, BASF announced plans to expand its production capacity in Europe for plastic additives. With respect to the plan the company increased the production of hindered amine light stabilizers (HALS) at two of its facilities in Europe. The two plants, Pontecchio Marconi, Italy, and Lampertheim, Germany locations will support an uptick in demand for light stabilizers in the durable plastics market.
- Additionally, the regulatory support for the HALS in the major regions is another factor that would propel the market. In 2024, EU SVHC regulations expanded their scope for multiple plastic light stabilizers to the Substances of Very High Concern list. Six new light stabilizing chemicals under HALS have been added to the strict scrutiny list and would enforce the companies to invest in environmentally friendly and high-quality products in the region.
Segments that transform the industry
- Based on Type, the global hindered amine light stabilizers market is segmented into monomeric, oligomeric, and polymeric. Of these, the polymeric segment has held the major market share. Being superior in characteristics, the polymeric segment holds the biggest chunk of the global market for hindered amine light stabilizers (HALS). Polymeric HALS generally have better thermal and UV stability and are therefore preferred for bulk applications in the automotive, construction, and agricultural fields. Their high molecular weight offers less volatility and migration, translating into longer durability and service life for the end products. Also, polymeric HALS are highly compatible with a very large number of polymers-from polyolefins to engineering plastics. These applications with somewhat wider scope on environmental resistance and lesser degrees of leaching are favored by them.
Click here to view the Report Description & TOC https://univdatos.com/reports/hindered-amine-light-stabilizers-market
According to the report, the Rising Demand in the Automotive and Construction Industries has been identified as a key driver for market growth. Some of how this impact has been felt include:
To provide UV protection in the interior and exterior of automobiles, the demand for hindered amine light stabilizers (HALS) is increasing. The demand is further anticipated to surge in the coming years owing to the rapidly growing sales of automobiles. With the growing disposable income, the rise in the sales of commercial and passenger vehicles has been observed. With the growing sales, the automobile manufacturers are also focusing on offering better solutions with their products, such as UV-protected glasses. The products are mainly made from polymers and help in the absorption of high-energy UV rays, neutralization of free radicals, regeneration of Nitroxyl radicals, stabilization of polymer chains, etc.
- According to the International Organization of Motor Vehicle Manufacturers (OICA), the total sales of passenger cars in the year 2024 were 56.88 million as compared to 49.78 million in the year 2022. A similar sales increase was observed in the commercial vehicle category, as sales were 23.16 million in 2024 as compared to 20.38 million in 2022.
Considering the growing sales of both commercial and passenger vehicles across the globe, the demand for UV-resistant components in the automotive industry is further anticipated to rise, supporting the market growth in the coming years.
Related Report:-
Paints and Coatings Market: Current Analysis and Forecast (2022-2028)
Solar Paint Market: Current Analysis and Forecast (2023-2030)
UV Coatings Market: Current Analysis and Forecast (2022-2028)
Fluoropolymer Coating Market: Current Analysis and Forecast (2021-2027)
High-Performance Ceramic Coatings Market: Current Analysis and Forecast (2022-2028)
Contact Us:
UnivDatos
Contact Number - +1 978 733 0253
Email - [email protected]
Website - www.univdatos.com
Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/
