The increasing demand from the building and construction, automotive is expected to provide opportunities for the PVC stabilizer market growth
The global PVC stabilizer market surpassed USD 3.2 billion in 2019 and is expected to rise at a CAGR of 5.0% by the end of 2028. Increased demand for additives such as acrylic which can drive the market for PVC stabilizer is contributing factors to the global market for PVC stabilizer. In terms of their chemical composures and functions, PVC stabilizers can differ greatly from each other. For the different additive groups, the only common factors are, by their very nature, that they are used in small amounts and are the aim of implementing them.
Polyvinyl chloride (PVC) is one of the most important commercial plastic materials, but at the processing temperature, it is thermally unstable, and therefore PVC treatment at higher temperatures requires stabilizers. This plastic material is stabilized by numerous stabilizers that include toxic heavy metals and organotin compounds, which has been scrutinized seriously for their harmful effect on the environment. Several organic or inorganic compounds compatible with the polymer were designed to address this problem. They act as excellent thermal stabilizers for PVC when applied at relatively low volumes.
The study also describes the different characteristics of the global industry of PVC stabilizer by evaluating the value chain analysis of the market. Further, in terms of market constraints, key industry factors, and opportunities, several quality components in the PVC stabilizer industry are included in the market study. The report also offers a detailed market evaluation by profiling companies and competition of local and global vendors.
The PVC stabilizer market has solid competition amongst the already well-known and new market players. Also, the PVC stabilizer industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.
To improve their characteristics such as strength, heat sensitivity, and longevity PVC Stabilizer are organic or inorganic substances added to PVC. It is used for adding value to PVC by adjusting its physical and chemical characteristics to improve it in different device applications. PVC uses include pipes and fittings, coatings and floors, windows, wires and cables, and rigid & static films. During the forecast period, the global demand for PVC stabilizers is projected to register a CAGR of over 5%. The dynamic growth in the building & building industry in Asia-Pacific, large PVC applications, and demand for PVC stabilizers are expected to drive the market. PVC
Global demand for PVC stabilizers was split into regions: North America, South America, Europe, Asia-Pacific, and Middle East & Africa (MEA). The Asia-Pacific region is the largest market in terms of demand for PVC stabilizers, accounting for a considerable share of the overall market size. China is a pioneer in PVC stabilizers, led by the U.S., Japan, and Germany, amongst all countries worldwide. The automotive and electronics industry in China drives its PVC market in particular. The building construction and the growing demand for PVC pipes and fittings in the agriculture sector are projected to push the rise in the Indian PVC industry.
Segment Overview of Global PVC Stabilizer Market
Key Segments of the Global PVC Stabilizer Market
Type Overview, 2018-2028 (USD Million) (Kilo Tons)
- Barium based
End-user Overview, 2018-2028 (USD Million) (Kilo Tons)
- Building and Construction
- Electrical and Electronics
Regional Overview, 2018-2028 (USD Million) (Kilo Tons)
- Rest of Europ
- Rest of Asia-Pacifi
Middle East and Africa
- South Africa
- Rest of Middle East and Afric
Rest of South America