Global hydrolysis stabilizer market value is anticipated to grow with an impressive CAGR during the forecast years on the backbone of growing demand for the plastic additives to stabilize their structure and extend the service life of plastics and polyurethanes. Surging demands for the tailor-made anti-hydrolysis agents for use in individual applications to outstandingly meet requirements with respect to stabilization performance, toxicology, emissions, and handling of the plastics further drives the growth of the global hydrolysis stabilizer market in the upcoming five years. Plastics and polyurethanes have tendencies to degrade in short span of time and the products made of them stand useless, thus the demands to extend the shelf life of these products facilitates the growth of the plastic additives such as hydrolysis stabilizer thereby aiding the growth of the global hydrolysis stabilizer market in the future five years.
Polymers containing ester groups, or manufactured by polycondensation, generally display a weakness when attacked by water or moisture, particularly at elevated temperatures. This degradation or breakdown of polymers by water and acids is known as hydrolysis. Hydrolysis stabilizers provides additive solutions especially suited to improve the hydrolysis resistance of poly-condensates, expanding their range of applications. Use of the hydrolysis stabilizer is cost efficient too for the manufacturing of the multiple products. Cable sheathing, shoe systems, rollers, PU hot/cold casting systems, engineering injection moldings, electronic housings, etc. use hydrolysis stabilizers in their manufacturing.
Wider Applications of Plastics Drive Market Growth
Growing demand for the plastic products and polyurethanes facilitate the growth of the global hydrolysis stabilizer market in the upcoming five years. Hydrolysis stabilizers are higher in demand due to growing demands for plastics from the end use sectors. Manufacturing of
Technological Advancement Drives Market Growth
Growing research and technological advancement also substantiates the growth of the global hydrolysis stabilizer market in the upcoming five years. The market players are actively investing in revolutionizing the chemical research sector, such that more stable, longer shelf life, and higher strength material can be observed that would aid the growth of the global hydrolysis stabilizer market in the next five years. Although certain governments have banned use of plastic and additives in the plastic since their uncontrolled disposals have created concern for the environment.
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Market Segmentation
The global hydrolysis stabilizer market segmentation is based on resin, end-use, regional distribution, and competitive landscape. Based on resin, the market is fragmented into PU (Polyurethane), PET (Polyethylene Terephthalate), PBT (Polybutylene Terephthalate), TPU (Thermoplastic Polyurethane), TPE-E (
Company Profile
BASF SE, Songowan International, Lanxess, Akzo Novel N.V., Solvay SA, Wacker Chemie AG, Evonik Industries AG, Albemarle Corporation, Adeka Corporation, Addivant USA, Aquapersions M SDN BHD, Unichem Shanghai Co Ltd., Meraxis AG, Suqian Unitedchem Co Ltd., Shandong Jianxing New Materials., are enlisted in a partial list of major market players of the global hydrolysis stabilizer market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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Resin
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End-Use
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Regional scope
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North America; Europe & CIS; Asia Pacific; South America;
Middle East & Africa
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Country scope
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United States, Mexico, Canada, China,
India, Japan, Australia, South Korea, Indonesia, Vietnam, Germany, France,
United Kingdom, Russia, Italy, Brazil, Argentina, Colombia, South Africa, Saudi
Arabia, UAE, Egypt, Iran.
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Key companies profiled
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BASF SE, Songowan International, Lanxess, Akzo Novel N.V., Solvay
SA, Wacker Chemie AG, Evonik Industries AG, Albemarle Corporation, Adeka
Corporation, Addivant USA, Aquapersions M SDN BHD, Unichem Shanghai Co Ltd., Meraxis
AG, Suqian Unitedchem Co Ltd., Shandong Jianxing New Materials.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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