Global Hydrolysis Stabilizer Market By Resin (PU, PET, PBT, TPU, TPE-E, EVA and bio-based Polyesters (PLA & PHA), Others), By End-Use (Packaging, Automotive, Consumer Goods, Furniture, Construction & Others), By Region, Competition Forecast and Opportunities, 2027
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 plastic containers, and other similar products demands sturdy and stable compounds that prolongs the shelf life of the products that would further facilitate the growth of the global hydrolysis stabilizer market in the forecast years.
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. Biodegradable plastics are thus gaining a lot of attraction and thus may fuel the growth of the global hydrolysis stabilizer market in the future five years.
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 (Thermoplastic Polyester Elastomer), EVA (Ethylene Vinyl Acetate) and bio-based polyesters (PLA & PHA), and others. By end-use, the market is bifurcated into packaging, automotive, consumer goods, furniture, construction, and others. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.
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.
In this report, global hydrolysis stabilizer market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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