Dublin, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The "PVC Stabilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global PVC stabilizers market size reached US$ 4.1 Billion in 2022. Looking forward, the market is set to reach US$ 5.6 Billion by 2028, exhibiting a CAGR of 5.33% during 2022-2028.
PVC stabilizers play a vital role in preserving the integrity of polyvinyl chloride (PVC) materials by preventing their degradation and enhancing their resistance, especially in outdoor settings. These stabilizers are essential for bolstering PVC's ability to withstand the challenges posed by daylight exposure, weathering, and heat aging. Pvc Degradation And Stabilization
They find extensive application in various industries, including wires, cables, windows, and technical profiles, where they contribute to improving heat sensitivity, lubrication, flexibility, durability, and strength. Additionally, PVC stabilizers are crucial in the production of different types of pipes, such as soil and sewer, foam core, pressure, corrugated, land drainage, and cable ducting, where they enhance resistance against chemical attacks. The market offers a range of PVC stabilizer types, including lead, tin, organic, and mixed metal variants.
The utilization of stabilizers in plastic manufacturing firms for processes like extrusion and injection molding of both rigid and plasticized PVC has enabled manufacturers to achieve higher output rates and increased operational efficiency without compromising product quality.
Furthermore, the growing demand for PVC materials in consumer applications, driven by their cost-effectiveness and water-resistant properties, is a significant factor fueling market growth. Tin stabilizers, in particular, have witnessed increased adoption in food contact and potable water applications, further contributing to the market's expansion.
Some tin stabilizers are also employed in injection and rigid medical applications, including blow molding, extrusion, and calendaring. Notably, leading market players are driving innovation in the sector, with the development of bio-based and organic stabilizers for PVC pipe production gradually replacing conventional options like lead stabilizers and calcium zinc stabilizers.
Moreover, manufacturers' increasing investments in research and development (R&D) endeavors aimed at introducing advanced product variants are poised to propel the market's growth trajectory.
Key Questions Answered in This Report
What was the size of the global PVC stabilizers market in 2022?
What is the expected growth rate of the global PVC stabilizers market during 2023-2028?
What are the key factors driving the global PVC stabilizers market?
What has been the impact of COVID-19 on the global PVC stabilizers market?
What is the breakup of the global PVC stabilizers market based on the type?
What is the breakup of the global PVC stabilizers market based on the application?
What is the breakup of the global PVC stabilizers market based on end use industry?
What are the key regions in the global PVC stabilizers market?
Who are the key players/companies in the global PVC stabilizers market?
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2028
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being
Sun Ace Kakoh (Pte.) Ltd.
Key Market Segmentation: Breakup by Type:
Breakup by End Use Industry:
For more information about this report visit https://www.researchandmarkets.com/r/363u7l
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