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UV Absorbers Market by Type (Benzophenone, Benzotriazole, Triazine), Application (Plastics, Coatings, Adhesives, Personal Care), and Region (North America, Asia Pacific, Europe, South America, Middle East and Africa) - Global Forecast to 2022

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Date: 22-Aug-2017
No. of pages: 157
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“The UV absorbers market is projected to grow at a CAGR of 6.5% during the forecast period, in terms of value.”

The UV absorbers market was estimated to be USD 690.0 million in 2016 and is projected to reach USD 1,006.4 million by 2022, at a CAGR of 6.5% from 2017 to 2022. The growth of this market is mainly attributed to the rising awareness regarding the benefits of UV absorbers in varied applications, such as plastics, coatings, adhesives, and personal care, among others. Owing to the increasing applicability of UV absorbers, their demand is growing significantly across Asia Pacific, Europe, and North America. However, increasing price of UV absorbers and government regulations are restraining the growth of the UV absorbers market. Emerging countries such as India, China, and Brazil are considered price sensitive markets, and thus, they prefer using cheaper alternatives to organic UV absorbers.

“The benzotriazole type of UV absorbers is projected to witness the highest growth during the forecast period, in terms of both value and volume.”

The benzotriazole type of UV absorbers are extensively used in applications such as plastics, coatings, adhesives, and personal care, among others. They are typically used in outdoor applications as they demonstrate better performance in sunlight as compared to benzophenone. They have broad spectral coverage in both UV-A as well as UV-B region.

“North America region has the largest share of the UV absorbers market.”

North America has the largest share of the UV absorbers market in terms of value as well as volume. This is owing to the significant presence of end-use industries in this region, which is expected to raise the demand for UV absorbers in coatings, packaging, and printing inks. Some of the drivers for this market are the increasing demand for UV absorbers in applications such as automotive plastics, packaging, agricultural films, coatings, adhesives, personal care, and printing inks, among others, and the increasing importance of these materials to protect the polymers.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:


  • By Company Type: Tier 1 (43%), Tier 2 (43%), and Tier 3 (14%)

  • By Designation: C Level (42%), D Level (29%), and Others (29%)

  • By Region: North America (43%), Europe (29%), Asia Pacific (14%), Middle East & Africa (8%), and South America (6%)


Key players profiled in the report include BASF SE (Germany), Huntsman Corporation (US), Clariant AG (Switzerland), Solvay S.A. (Belgium), Everlight Chemical Industrial Co. (Taiwan), Songwon (South Korea), Adeka Corporation (Japan), Milliken Chemical (US), Addivant (US), SABO S.p.A. (Italy), Lambson Limited (UK), Lycus Ltd., LLC. (US), Mayzo, Inc. (US), Everspring Chemical Co., Ltd. (China), Chitec Technology Co., Ltd. (China), MPI Chemie B.V. (Netherlands), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Valtris Specialty Chemicals (US), Tianjin Jiuri New Material Co., Ltd. (China), Jingmen Meifeng Chemical Co., Ltd (China), Nanjing Union Rubber and Chemicals Co., Ltd. (China), Apexical, Inc. (US), Chemipro Kasei Kaisha, Ltd. (Japan), Dalian Richfortune Chemicals Co., Ltd. (China), and 3V Sigma S.p.A. (Italy).

Research Coverage

This report covers the UV absorbers market, in terms of volume and value, and forecasts the market size till 2022. The report includes market segmentation based on type, application, and region. It also provides company profiles and competitive strategies adopted by key players in the UV absorbers market.

Key Benefits of Buying the Report:

This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the UV absorbers market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

UV Absorbers Market by Type (Benzophenone, Benzotriazole, Triazine), Application (Plastics, Coatings, Adhesives, Personal Care), and Region (North America, Asia Pacific, Europe, South America, Middle East and Africa) - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Key Data From Primary Sources
2.1.3.2 Key Industry Insights
2.1.3.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the UV Absorbers Market
4.2 UV Absorbers Market Growth, By Region
4.3 UV Absorbers Market, 2016
4.4 UV Absorbers Market Attractiveness
4.5 UV Absorbers Market, By Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Greenhouse Films in Agricultural Application
5.2.1.2 Increasing Demand for Wood Coating in North America
5.2.1.3 Rise in Demand for UV Absorbers in Asia-Pacific Region
5.2.2 Restrains
5.2.2.1 Fluctuating Cost of UV Absorbers
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Green Coatings
5.2.4 Challenges
5.2.4.1 Stringent Government Regulations
5.2.4.2 Increasing Use for Inorganic Nano Composite in UV Absorber
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview
5.4.1 Introduction
5.5 Trends and Forecast of GDP
5.6 Global Automotive Industry and Economic Outlook

6 UV Absorbers Market, By Type
6.1 Introduction
6.2 Benzophenone
6.3 Benzotriazole
6.4 Triazine
6.5 Others

7 UV Absorbers Market, By Application
7.1 Introduction
7.2 Plastics
7.3 Coatings
7.4 Adhesives
7.5 Personal Care
7.6 Others

8 UV Absorbers Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 France
8.3.4 UK
8.3.5 Turkey
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 South Korea
8.4.4 India
8.4.5 Taiwan
8.4.6 Thailand
8.4.7 Rest of Asia-Pacific
8.5 Middle East & Africa (MEA)
8.5.1 Saudi Arabia
8.5.2 U.A.E
8.5.3 South Africa
8.5.4 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America

9 Competitive Landscape, UV Absorbers Market
9.1 Introduction
9.1.1 Dynamic Differentiators
9.1.2 Innovators
9.1.3 Visionary Leaders
9.1.4 Emerging Companies
9.2 Overview
9.2.1 Market Ranking
9.3 Strength of Product Portfolio (For All 25 Players)
9.4 Business Strategy (For All 25 Players)

10 Company Profiles
10.1 BASF SE
10.1.1 BASF SE: Company Snapshot
10.1.2 Products Offerings
10.1.3 Product Offering Scorecard
10.1.4 Business Strategy Scorecard
10.1.5 Recent Developments
10.2 Songwon.
10.2.1 Business Overview
10.2.2 Songwon.: Company Snapshot
10.2.3 Products Offered
10.2.4 Product Offering Scorecard
10.2.5 Business Strategy Scorecard
10.2.6 Recent Developments
10.3 Clariant AG
10.3.1 Business Overview
10.3.2 Clariant AG: Company Snapshot
10.3.3 Products Offered
10.3.4 Product Offering Scorecard
10.3.5 Business Strategy Scorecard
10.3.6 Recent Developments
10.4 Solvay S.A.
10.4.1 Business Overview
10.4.2 Solvay S.A.: Company Snapshot
10.4.3 Products Offered
10.4.4 Product Offering Scorecard
10.4.5 Business Strategy Scorecard
10.4.6 Recent Developments
10.5 Adeka Corporation
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 Product Offering Scorecard
10.5.4 Business Strategy Scorecard
10.5.5 Recent Developments
10.6 Addivant
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Product Offering Scorecard
10.6.4 Business Strategy Scorecard
10.7 Huntsman Corporation
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 Product Offering Scorecard
10.7.4 Business Strategy Scorecard
10.7.5 Recent Developments
10.8 Everlight Chemical Industrial Co.
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Product Offering Scorecard
10.8.4 Business Strategy Scorecard
10.8.5 Recent Developments
10.9 Milliken Chemical
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 Product Offering Scorecard
10.9.4 Business Strategy Scorecard
10.9.5 Recent Developments
10.10 Sabo S.P.A.
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 Product Offering Scorecard
10.10.4 Business Strategy Scorecard
10.10.5 Recent Developments
10.10.6 Apexical, Inc.
10.10.7 Dalian Richfortune Chemicals Co., Ltd.
10.10.8 Chemipro Kasei Kaisha, Ltd.
10.10.9 Chitec Technology Co., Ltd.
10.10.10 Valtris Specialty Chemicals
10.10.11 Lycus Ltd., LLC
10.10.12 Mayzo, Inc.
10.10.13 Everspring Chemical Co., Ltd.
10.10.14 Lambson Limited
10.10.15 MPI Chemie B.V.
10.10.16 Tianjin Jiuri New Material Co., Ltd.
10.10.17 Nanjing Union Rubber and Chemicals Co., Ltd.
10.10.18 Jingmen Meifeng Chemical Co., Ltd
10.10.19 Double Bond Chemical Ind., Co., Ltd.
10.10.20 3V Sigma S.P.A.

11 Appendix
11.1 Insights From Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports

List of Tables

Table 1 Trends and Forecast of GDP, 2016–2022 (USD Billion)
Table 2 UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 3 UV Absorbers Market Size, By Type, 2015–2022 (USD Million)
Table 4 Benzophenone UV Absorbers Market Size, By Region, 2015–2022 (Kiloton)
Table 5 Benzophenone UV Absorbers Market Size, By Region, 2015–2022 (USD Million)
Table 6 Benzotriazole UV Absorbers Market Size, By Region, 2015–2022 (Kiloton)
Table 7 Benzotriazole UV Absorbers Market Size, By Region, 2015–2022 (USD Million)
Table 8 Triazine UV Absorbers Market Size, By Region, 2015–2022 (Kiloton)
Table 9 Triazine UV Absorbers Market Size, By Region, 2015–2022 (USD Million)
Table 10 Others UV Absorbers Market Size, By Region, 2015–2022 (Kiloton)
Table 11 Others UV Absorbers Market Size, By Region, 2015–2022 (USD Million)
Table 12 UV Absorbers Market Size, By Application, 2015–2022 (KT)
Table 13 UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 14 UV Absorbers Market Size in Plastics, By Region, 2015–2022 (KT)
Table 15 UV Absorbers Market Size in Coatings, By Region, 2015–2022 (USD Million)
Table 16 UV Absorbers Market Size in Coatings, By Region, 2015–2022 (Kiloton)
Table 17 UV Absorbers Market Size in Coatings, By Region, 2015–2022 (USD Million)
Table 18 UV Absorbers Market Size Inadhesives, By Region, 2015–2022 (Kiloton)
Table 19 UV Absorbers Market Size in Adhesives , By Region, 2015–2022 (USD Million)
Table 20 UV Absorbers Market Size Inpersonal Care, By Region, 2015–2022 (Kiloton)
Table 21 UV Absorbers Market Size in Personal Care, By Region, 2015–2022 (USD Million)
Table 22 UV Absorbers Market Size in Others, By Region, 2015–2022 (Kiloton)
Table 23 UV Absorbers Market Size in Others, By Region, 2015–2022 (USD Million)
Table 24 UV Absorbers Market Size, By Region, 2015–2022 (Kiloton)
Table 25 UV Absorbers Market Size, By Region, 2015–2022 (USD Million)
Table 26 North America: UV Absorbers Market Size, By Country, 2015–2022 (Kiloton)
Table 27 North America: UV Absorbers Market Size, By Country, 2015–2022 (USD Million)
Table 28 North America: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 29 North America: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 30 North America: UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 31 North America: UV Absorbers Market Size, By Type, 2015–2022 (USD Million)
Table 32 U.S.: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 33 U.S.: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 34 Canada: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 35 Canada: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 36 Mexico: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 37 Mexico: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 38 Europe: UV Absorbers Market Size, By Country, 2015–2022 (Kiloton)
Table 39 Europe: UV Absorbers Market Size, By Country, 2015–2022 (USD Million)
Table 40 Europe: UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 41 Europe: UV Absorbers Market Size, By Type, 2015–2022 (USD Million)
Table 42 Europe: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 43 Europe: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 44 Germany: UV Abs0rbers Market Size, By Application, 2015–2022 (USD Million)
Table 45 Germany: UV Abs0rbers Market Size, By Application, 2015–2022 (Kiloton)
Table 46 Italy: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 47 Italy: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 48 France: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 49 France: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 50 U.K.: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 51 U.K.: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 52 Turkey: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 53 Turkey: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 54 Rest of Europe: UV Absorber Market Size, By Application, 2015–2022 (USD Million)
Table 55 Rest of Europe: UV Absorber Market Size, By Application, 2015–2022 (Kiloton)
Table 56 Asia-Pacific: UV Absorbers Market Size, By Country, 2015–2022 (Kiloton)
Table 57 Asia-Pacific: UV Absorbers Market Size, By Country, 2015–2022 (USD Million)
Table 58 Asia-Pacific: UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 59 Asia-Pacific: UV Absorbers Market Size, By Type 2015–2022 (USD Million)
Table 60 Asia-Pacific: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 61 Asia-Pacific: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 62 China: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 63 China: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 64 Japan: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 65 Japan: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 66 South Korea: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 67 South Korea: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 68 India: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 69 India: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 70 Taiwan: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 71 Taiwan: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 72 Thailand: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 73 Thailand: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 74 Rest of Asia Pacific: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 75 Rest of Asia Pacific: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 76 Middle East & Africa: UV Absorbers Market Size, By Country, 2015–2022 (Kiloton)
Table 77 Middle East & Africa: UV Absorers Market Size, By Country, 2015–2022 (USD Million)
Table 78 Middle East & Africa: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 79 Middle East & Africa: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 80 Middle East & Africa: UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 81 Middle East & Africa: UV Absorbers Market Size, By Type, 2015–2022 (USD Million)
Table 82 Saudi Arabia: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 83 Saudi Arabia: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 84 U.A.E: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 85 U.A.E: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 86 South Africa: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 87 South Africa: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 88 Rest of Middle East & Africa: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 89 Rest of Middle East & Africa: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 90 South America: UV Absorbers Market Size, By Country, 2015–2022 (Kiloton)
Table 91 South America; UV Absorbers Market Size, By Country, 2015–2022 (USD Million)
Table 92 South America: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 93 South America: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 94 South America: UV Absorbers Market Size, By Type, 2015–2022 (Kiloton)
Table 95 South America: UV Absorbers Market Size, By Type, 2015–2022 (USD Million)
Table 96 Brazil: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 97 Brazil: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 98 Argentina: UV Absorbers Market Size, By Application, 2015–2022 (USD Million)
Table 99 Argentina: UV Absorbers Market Size, By Application, 2015–2022 (Kiloton)
Table 100 Rest of South America: UV Absorber Market Size, By Application, 2015–2022 (USD Million)
Table 101 Rest of South America: UV Absorber Market Size, By Application, 2015–2022 (Kiloton)

List of Figures

Figure 1 Stain Resistant Coatings Market: Research Design
Figure 2 Key Insights
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Stain Resistant Coatings Market: Data Triangulation
Figure 7 Plastics to Be the Fastest Growing Application of UV Absorbers Market, During the Forecast Period
Figure 8 Benzotriazole to Dominate UV Absorbers Market, During Forecast Period
Figure 9 North America Dominated UV Absorbers Market in 2016, By Value (USD Million)
Figure 10 UV Absorbers Market to Witness Rapid Growth Between 2017 and 2022
Figure 12 Asia-Pacific to Lead the UV Absorbers Market, 2017–2022
Figure 13 U.S. Accounted for Largest Share, in Terms of Volume, of the UV Absorbers Market, 2016
Figure 14 Asia-Pacific to Be the Fastest-Growing UV Absorbers Market Between 2017 and 2022
Figure 15 Benzotriazoles to Account for the Largest Share in the UV Absorbers Market, 2017–2022
Figure 16 Drivers, Restraints, Opportunities, and Challenges in UV Absorbers Market
Figure 17 UV Absorbers Market Size, By Type, 2017 & 2022 (USD Million)
Figure 18 UV Absorbers Market Size, By Application, 2017 & 2022 (USD Million)
Figure 19 Regional Snapshot (2017–2022): Rapid Growth Markets are Emerging as New Hotspots
Figure 20 North America Market Snapshot
Figure 21 Asia-Pacific Market Snapshot
Figure 22 Competitive Leadership Mapping
Figure 23 Adeka Corporation: Company Snapshot
Figure 24 Addivant: Company Snapshot
Figure 25 Huntsman Corporation: Company Snapshot
Figure 26 Everlight Chemical Industrial Co.: Company Snapshot
Figure 27 Milliken Chemical: Company Snapshot
Figure 28 Sabo S.P.A.: Company Snapshot

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