The global polymer stabilizer market is anticipated to grow at a CAGR of 4.8% during the forecast period (2024-2031). Polymer stabilizer is a chemical substance that is added to polymeric materials such as plastic to slow down the degradation of plastics. Plastic becomes useful when polymer stabilizer has added the useful life span of plastic increases, and the items that are produced from plastic are less defective, among other factors are the benefits of polymer stabilizer. Rising building & construction projects and increasing usage of plastic in it is driving the growth of the polymer stabilizer market across the globe.
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Market Coverage
- Segment Covered-
o By Application
o By Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- BASF SE, Songwon International Group, Clariant International Ltd., Solvay SA, and Evonik Industries AG
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Polymer Stabilizer Market Report Segment
By Type
- Heat Stabilizer
- Light Stabilizer
- Antioxidant
By Application
- Packaging
- Automotive
- Consumer Goods
- Building & Construction
- Others
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