Europe Hindered Amine Light Stabilizers Market Size & Outlook
Europe hindered amine light stabilizers market, 2018-2030 (US$M)
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Europe hindered amine light stabilizers market highlights
- The Europe hindered amine light stabilizers market generated a revenue of USD 335.8 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 335.8 million |
| Market revenue in 2030 | USD 709.5 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Polymeric |
| Fastest growing segment | Polymeric |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monomeric, Oligomeric, Polymeric |
| Key market players worldwide | Adeka 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, Europe region accounted for 24.0% 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 Scope
Hindered Amine Light Stabilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 50.86% in 2022. Horizon Databook has segmented the Europe hindered amine light stabilizers market based on monomeric, oligomeric, polymeric covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the manufacturing hub of Europe being the largest manufacturer of automobiles. The growth of the industrial and automotive sectors is expected to fuel the demand for hindered amine light stabilizers (HALS) in the region.
Moreover, the growing construction industry is anticipated to create huge demand for hindered amine light stabilizers (HALS) in the country over the forecast period. Increasing investments in housing units, industrial buildings, and infrastructure such as roads, bridges, ports, and railways are propelling the growth of the construction industry.
In addition, increasing demand for green and safer buildings owing to the presence of stringent government regulations and rising environmental concerns is prominently fueling the growth of the hindered amine light stabilizers (HALS) market. This is expected to create lucrative growth opportunities for Germany's hindered amine light stabilizers (HALS) market over the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hindered amine light stabilizers market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hindered amine light stabilizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe hindered amine light stabilizers market size, by country, 2018-2030 (US$M)
Europe Hindered Amine Light Stabilizers Market Outlook Share, 2022 & 2030 (US$M)
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