Heat stabilizers are widely used in PVC (Poly Vinyl Chloride), as it can only be processed in the presence of heat stabilizing additives. It is used to prevent the degradation of the PVC polymer during its processing. PVC is used in various applications such as cable, film, flooring, sheets and many more. This widespread applications of PVC is projected to drive the demand for heat stabilizers, thus boosting the global heat stabilizer market. Out of the prevalent types of heat stabilizers, lead heat stabilizer captures maximum share. However, the market for heat stabilizers anticipated to grow at stagnant pace. Mixed metal stabilizer consists of barium, calcium, zinc salt, magnesium salt, organophosphate liquid and ESO stabilizer. Various factors such as technical requirements of PVC products, cost and regulatory approvals would affect the choice of heat stabilizer. Major players are opting to shift their base with a view to grab the maximum share in the global heat stabilizer market in the emerging regions. A moderate single digit growth is anticipated in the heat stabilizer market globally by 2026.
Heat stabilizer market: Drivers and restraints
The increasing demand for the polyvinyl chloride is anticipated to be the greatest demand driving factor in the global heat stabilizer market. The properties such as long term heat stability, compatibility, odour and many more offer the heat stabilizers with a competitive edge over other stabilizers which is anticipated to drive the global heat stabilizers market in the upcoming years.
Stringent regulations pertaining to the use of lead is expected to restrain the consumption of lead stabilizers, thus declining the global heat stabilizer market. Moreover, the supply chain management is anticipated to be a major challenge for the global heat stabilizer market. Volatile raw material prices can also affect the global heat stabilizer market. Different regulations in different countries is expected to be one of the restraining factor in the heat stabilizer market in the forecast period.
The major players are opting for merger and acquisition to strengthen their global presence and to enhance their product portfolio.
Heat stabilizer market: Segmentation
The global heat stabilizer market can be segmented based on type as
Mixed metals stabilizer
Others (calcium stabilizer, barium stabilizer)
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Out of these heat stabilizer types, lead captures the highest share in the global heat stabilizer market and but is expected to lose its market share in the near future due to the health and regulatory pressure. Organic stabilizers is projected to be the fastest growing segment in the heat stabilizer market in the forecast period.
Heat stabilizer market: Region – wise outlook
The Heat stabilizer market is segmented based on geography as market in North America, Latin America, Western Europe, Eastern Europe, Japan, Asia – Pacific, Middle East and Africa. North America is expected has the highest share in the tin heat stabilizer market. Europe and Asia Pacific captures over 80% of the lead heat stabilizer market. China is one of the key regions which is expected to rise with the maximum growth in the global heat stabilizer market in the upcoming years.
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Heat stabilizer market: Major Key players
Some of the key players identified in the heat stabilizer market are:
Akcros Chemicals Ltd.
Cytec Industries, Inc
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