UV Absorbers Market Insights
According to the new report titled "Global UV Absorbers Market by Application (Plastic, Coating, Adhesives, Personal Care & Others), By Chemistry (Benzophenone, Benzotriazole, Triazine and Others), Global Analysis to 2023"
The valuation of the UV Absorbers Market was $1.4 Billion in 2023 and is projected to reach $2.24 Billion by 2032, at a CAGR of 5.2% from 2021 to 2032.
"Hey there! You might be surprised to learn that there's a whole industry dedicated to protecting us from the sun's harmful UV rays. It's called the UV absorbers market, and it's worth a whopping $1.4 billion! These UV absorbers are like little soldiers that fight off the bad guys, in this case, UV rays. They're used in tons of things like coatings, plastics, and even your sunscreen to stop them from breaking down and getting discolored. The market's been growing like crazy because people are finally waking up to the importance of protecting themselves from the sun. And guess what? The market's expected to keep on growing by about 5% each year! Cars and plastics are big users of UV absorbers. They keep car paint from fading and plastic from cracking. And the good news is, scientists are working hard to make these UV absorbers even more effective and find new ways to use them. So, as long as we keep wanting to protect ourselves and our stuff from the sun, the UV absorbers market is going to keep doing well."
Nano tech held the primary share in the UV Absorbers Market
Imagine a whole new world of sun protection! Technology is like a superhero, powering up the sunscreens we use to protect ourselves from those harmful UV rays. Scientists are using fancy materials and chemistry to create UV absorbers that are super tough and last longer than ever before. They're even tiny enough to sneak into every nook and cranny, coating all sorts of surfaces. But get thissome of these UV absorbers are smart too! They know when things heat up and automatically adapt to keep us safe. It's like having a sun bodyguard that's always on the job. Oh, and don't forget the eco-friendly ones! They're made from things that don't hurt the planet, so we can protect ourselves without guilt. And to make sure these sunscreens are just right, scientists use special machines to test them and customize them for different needs. It's like having a secret formula for the perfect sun protection!
North America headed the UV Absorbers Market in 2022
Sun protection is becoming a big deal in North America, especially for our cars and stuff. People are finally realizing how bad those UV rays can be for our stuff. So, the market for things that block UV rays is growing like crazy. The car industry is really into these UV absorbers. They keep the paint and finish from fading and peeling when they're sitting out in the sun all day. Also, the plastic and rubber stuff we use outside needs protection from the sun. UV absorbers make them last longer. Scientists are always trying to make better UV absorbers that are more effective and better for the environment. People want products that are eco-friendly, so companies are making sure their UV absorbers are, too. Some of the big companies in this market are DSM, Corbion, and BASF. They're all working hard to come up with the best UV absorbers they can.
UV Absorbers Market Report Coverage
| ATTRIBUTES |
DETAILS |
| STUDY PERIOD |
2021-2030 |
| BASE YEAR |
2023 |
| FORECAST PERIOD |
2024-2030 |
| HISTORICAL PERIOD |
2021-2022 |
| UNIT |
VALUE (USD BILLION) |
| KEY COMPANIES PROFILED |
BASF, Songwon, Clariant, Solvay, Adeka, Addivant, 3V Sigma, Ecic, Milliken Chemical, Sabo, Apexical, Richfortune Chemicals, Chemipro, Chitec, Valtris, Lycus Ltd, Mayzo, Everspring Chemical, Lambson, MPI Chemie, Tianjin Jiuri New Material, Nurchem, Jingmen Meifeng Chemical, Double Bond Chemical, Huntsman |
| SEGMENTS COVERED |
By Type - Benzophenone, Benzotriazole, Triazine
By Application - Plastics, Coatings, Adhesives, Personal Care
By Geography - North America, Europe, APAC, Middle East Asia & Rest Of World. |
keyplayer
- BASF
- Songwon
- Clariant
- Solvay
- Adeka
- Addivant
- 3V Sigma
- Ecic
- Milliken Chemical
- Sabo
- Apexical
- Richfortune Chemicals
- Chemipro
- Chitec
- Valtris
- Lycus Ltd
- Mayzo
- Everspring Chemical
- Lambson
- MPI Chemie
- Tianjin Jiuri New Material
- Nurchem
- Jingmen Meifeng Chemical
- Double Bond Chemical
- Huntsman.
UV Absorbers Market Segmentation
By Type
- Benzophenone
- Benzotriazole
- Triazine
By Application
- Plastics
- Coatings
- Adhesives
- Personal Care
By Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Research Methodology
The qualitative and quantitative data of the UV Absorbers Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data.
Secondary research done by Verified Market Reports research team through various sources such as
- Company websites, annual reports, financial reports, investor presentations and SEC filings
- Internal and external proprietary databases, relevant patent, and regulatory databases
- National government documents, statistical databases, and market reports
- News articles, press releases and web-casts specific to the companies operating in the market
- Paid database
The data for total sales was determined through primary research in each of the countries by interviewing key opinion leaders which included insights from
- C-Level Executives
- Marketing Manager, Brand Manager, Product Manager
- Sales Manager, Sales Officer, Regional Sales Manager, Country Manager
- Procurement Manager
- Production Manager
- Technical Personnel
- Distributors
-
The subject matter experts act as a key link to validate and substantiate the key research findings and understandings as the experts have acquired extensive experience in the market over the years. Secondary research data for the UV Absorbers Market are collected from the internet, printed documents (company annual reports and research papers) related to the industry, industrial magazines, association findings, government websites, and others. These multiple information sources provide a key outline of the market.
