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Global Polymer Stabilizers Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Polymer stabilisers are chemical substances used as additives in the manufacture of plastic. These substances are used to minimise polymer breakdown, such as heat degradation, UV radiation damage, and oxidation. Because polymers have a wide range of applications that include exposure to various environmental conditions that cause unwanted reactions, it is critical that they be chemically stable. Polymer stabilisers are used to inhibit such reactions, allowing polymer products to retain their qualities and be utilised for a longer time period.
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Europe is projected to have the highest CAGR over the forecast period, owing to increased demand for plastics and polymers as a result of the fast development of the healthcare, automotive, electronics, and packaging industries. For example, tremendous improvements in the retail industries in the United Kingdom are increasing demand for plastics in the packaging industries. Furthermore, increasing government investments and increased research and development activities by leading businesses for producing polymers with improved durability, strength, and appearance are some additional factors likely to fuel market revenue growth over the forecast period.
Some of the key players profiled in the Polymer Stabilizers Market include BASF SE, Adeka Corporation, Clariant, Chitec Technology Co. Ltd, PMC Group, SABO SpA, SK Capital Partners, Solvay, Songwon, Evonik Industries AG, Polyvel Inc., Pau Tai Industrial Corporation, Baerlocher GmbH, Addivant, Akzo Nobel N.V., Chemcon Speciality Chemicals Ltd, Sun Ace and Valtris Specialty Chemicals.
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