Asia Pacific Hindered Amine Light Stabilizers Market Size & Outlook

The hindered amine light stabilizers market in Asia Pacific is expected to reach a projected revenue of US$ 1,321.0 million by 2030. A compound annual growth rate of 9.8% is expected of Asia Pacific hindered amine light stabilizers market from 2023 to 2030.
Revenue, 2022 (US$M)
$627.1
Forecast, 2030 (US$M)
$1,321.0
CAGR, 2023 - 2030
9.8%
Report Coverage
Asia Pacific

Asia Pacific hindered amine light stabilizers market highlights

  • The Asia Pacific hindered amine light stabilizers market generated a revenue of USD 627.1 million in 2022.
  • The market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
  • In terms of segment, polymeric was the largest revenue generating type in 2022.
  • Polymeric is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 627.1 million
Market revenue in 2030USD 1,321.0 million
Growth rate9.8% (CAGR from 2022 to 2030)
Largest segmentPolymeric
Fastest growing segmentPolymeric
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonomeric, Oligomeric, Polymeric
Key market players worldwideAdeka Corp, Arkema SA, Basf SE, Clariant AG, Everlight Chemical Industrial, Solvay SA, Chitec Technology, Double Bond Chemical Industry, Greenchemicals, Rianlon, Mayzo, Sabo


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 44.8% of the global hindered amine light stabilizers market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 709.5 million by 2030.

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Hindered Amine Light Stabilizers Market Companies

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Asia Pacific hindered amine light stabilizers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hindered amine light stabilizers market will help companies and investors design strategic landscapes.


Polymeric was the largest segment with a revenue share of 49.86% in 2022. Horizon Databook has segmented the Asia Pacific hindered amine light stabilizers market based on monomeric, oligomeric, polymeric covering the revenue growth of each sub-segment from 2018 to 2030.


The Hindered Amine Light Stabilizers (HALS) market holds a significant share in the Asia-Pacific region. As per the International Trade Administration, China is projected to experience an average annual growth rate of 8.6% from 2022 to 2030, positioning itself as the world's largest construction market.

The construction sector in Asia-Pacific is witnessing rapid expansion, driven by substantial infrastructural projects, focus on affordable housing units, and adoption of modular building technology. Moreover, as per IBEF India could be a leader in shared mobility by 2030, providing opportunities for electric and autonomous vehicles.

These factors are further driving the growth of the automobile industry in the country. HALS in automobiles plays an important role in preventing automotive paint degradation, chalking, and yellowing caused by UV light. Hence, the developing automobile industry in the country will further boost the market for Hindered Amine Light Stabilizers.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hindered amine light stabilizers market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hindered amine light stabilizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific hindered amine light stabilizers market size, by country, 2018-2030 (US$M)

Asia Pacific Hindered Amine Light Stabilizers Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific hindered amine light stabilizers market size, by country, 2018-2030 (US$M)

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