DUBLIN--(BUSINESS WIRE)--The "Hindered Amine Light Stabilizers (HALS) Market by Type (Polymeric, Monomeric, Oligomeric), Application (Automotive, Packaging, Agriculture Films, Construction), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global Hindered Amine Light Stabilizers (HALS) market is projected to reach USD 1.15 billion by 2022, at a CAGR of 7.1% from 2017 to 2022.
China is the largest consumer of HALS globally due to the increasing manufacturing and industrial activities across the country. The growing demand from the packaging and automotive industries due to the rapid urbanization and increasing population in China and other countries across the Asia Pacific region is driving the HALS market. HALS are majorly used in the packaging, construction, and automotive industries which are growing majorly in the Asia Pacific region due to the increasing population and changing lifestyles. The market is restrained due to high fluctuations in raw material prices as well as the high production cost of HALS.
HALS are capable of protecting the packaging and its contents from discoloration, the damaging effects of UV radiation, providing superior quality, low volatility, and higher durability to packaging materials such as bottles, caps & closures, containers & drums, and films, among others. The key drivers in the growth of the market for HALS in this segment are the increasing disposable incomes, changing consumer lifestyles, increased use of plastics, and growing pharmaceutical, and food & beverage industries in countries such as China, India, Japan, the US, and Germany, among others.
- Adeka Corporation
- BASF SE
- Beijing Tiangang Auxiliary Co
- Chemsfield Korea Co. Ltd.
- Chitec Technology Co., Ltd.
- Clariant AG
- Cytec Solvay Group
- Double Bond Chemical Ind. Co. Ltd.
- Eutec Chemical Co., Ltd.
- Everlight Chemical Industrial Corporation
- Everspring Chemical Co., Ltd.
- Hongkun Group
- Lambson Limited
- Lycus Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Industry Trends
7 HALS Market, By Type
8 HALS Market, By End-Use Industry
9 HALS Market, By Region
10 Competitive Landscape HALS Market
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/dgl5f8/hindered_amine