Hindered Amine Light Stabilizer Market Size, Share, and Trends 2024 to 2033

Hindered Amine Light Stabilizer Market Size and Growth 2024 to 2033

The global hindered amine light stabilizer market size was valued at USD 1.35 billion in 2023 and is anticipated to reach around USD 2.71 billion by 2033, growing at a CAGR of 7.21% from 2024 to 2033.

Hindered Amine Light Stabilizer Market Key Takeaways

• Asia Pacific dominated the market with the largest revenue share of 45% in 2023.
• By type, the low molecular weight segment dominated the market in 2023.
• By type, the high molecular weight segment is the fastest-growing during the forecast period.
• By form type, the liquid HALS segment dominated the hindered amine light stabilizer market in 2023.
• By form type, the solid HALS segment is the fastest-growing during the forecast period.
• By function type, the UV absorption segment dominated the market in 2023 and is also the fastest-growing during the forecast period.
• By application type, the plastics segment dominated the hindered amine light stabilizer market in 2023 and is the fastest growing during the forecast period.

Hindered Amine Light Stabilizer Market Size in the Asia Pacific 2024 to 2033

The Asia Pacific hindered amine light stabilizer market size was estimated at USD 610 million in 2023 and is predicted to be worth around USD 1,230 million by 2033 at a CAGR of 7.26% from 2024 to 2033.

Asia Pacific dominated the hindered amine light stabilizer market in 2023. Technological advancements, growing demand, regulatory support, environmental awareness, and cost reduction are these driving factors that help the growth of the market in the Asia Pacific region. China, Japan, India, and South Korea are the leading countries for the growth of the hindered amine light stabilizer market in the Asia Pacific region.

• In November 2022, a Chinese supplier of the light stabilizer Unite Chem Group entered the US market with the establishment of a warehouse and an office in Savannah, GA, and also regional headquarters in New Jersey. This company further undertook a major expansion of UV absorbers and hindered amine light stabilizers (HALS) in China.

North America is observed to grow at a notable rate during the forecast period. The United States is the leading country in the North American region. Increased use of coated materials with stabilizers, high demand for UV stabilizers, and high use in the construction industry contribute to the growth of the market in the North American region.

• In March 2023, the U.S. manufacturing site of Noria Energy was designed and constructed, and a floating solar system was installed by the world’s largest chemical producer, BASF. It also includes hindered amine light stabilizers (HALS) and UV absorbers that protect the degradation of polymers from harmful ultraviolet radiations.

Hindered Amine Light Stabilizer Market Size in North America 2023 to 2033

The North America hindered amine light stabilizer market size was calculated at USD 360 million in 2023 and is projected to expand around USD 750 million by 2033, poised to grow at a CAGR of 7.61% from 2024 to 2033.

Hindered Amine Light Stabilizer Market Overview

Hindered amine light stabilizer (HALS) is a chemical compound containing amine functional groups that are used as stabilizers in plastics and polymers. The hindered amine light stabilizer market deals with the industries of inks, adhesives, sealants, coatings, and plastics for various applications. These hindered amine light stabilizers are used to protect polymers from the effects of photooxidation and also to protect polymer degradation like ozonolysis. These stabilizers are also used as thermal stabilizers mainly moderate and low levels of heat during high-temperature polymer processing. These are effective in the polyurethane, polyethylene, and polyolefins.

Hindered amine light stabilizers allow the polymer to retain gloss, color, and physical properties include to protect the polymer from degradation from high-energy light and long-term UV light exposure. It prevents the chemical and physical properties of the material and protects against degradation by inhibiting chemical reactions in stabilizers at a chemical level. These factors help to the growth of the market.

Hindered Amine Light Stabilizer Market Growth Factors

• The hindered amine light stabilizer is used for protection from the degradation of polymers by environmental factors, ultraviolet radiation, and scavenging-free radicle light exposure.
• These are used as additives in chemical manufacturing, mainly in the production of coatings, polymeric materials, and other plastics. These factors help to grow the hindered amine light stabilizer market.
• Hindered amine light stabilizer improves the thickness and stability by retaining physical properties and helping foods in an emulsion.
• Ingredients of the stabilizers generally do not mix like water and oil. Various low-fat foods are dependent on hindered amine light stabilizers.
• It helps to improve teaching, reduces the necessity of conversion to open surgery, gives better control for vascular injury, gives more control by the surgeon in the operating room, and makes it easier and faster. These advantages help the growth of the market.
• High molecular weight type of stabilizers provide long-term light and thermal stability, do not migrate easily, and have a color retention pigmented system.

Hindered Amine Light Stabilizer Market Scope

Hindered Amine Light Stabilizer Market Dynamics

Driver: Increasing number of plastics, polymers, and the automotive industry

For the protection of the plastics from ultraviolet radiation, UV stabilizers or hindered amine light stabilizers are used. These are chemically formulated to minimize contact between ultraviolet radiation and plastic surfaces. For plastics, hindered amine light stabilizers are developed as metal deactivators or photo stabilizers. In PVC formulations, hindered amine light stabilizers are used to protect the polymer chain from degradation caused by ultraviolet radiation, heat, and environmental factors. It helps to maintain the performance and integrity of the PVC product. Hindered amine light stabilizers are highly used in the automotive industry to protect exterior parts from ultraviolet radiation and to maintain the appearance as time passes. These factors help to grow the hindered amine light stabilizer market.

Restraint: Disadvantages of the hindered amine light stabilizer

Disadvantages of hindered amine light stabilizer compared with the standard laparoscopy include a small increase in post-operative pain, physical pain for the surgeon, sometimes leakage of the gas, and larger incision. In the low molecular weight, HALS (Hindered Amine Light Stabilizer) is easy to lose during use, has poor extraction resistance, and is volatile. When it is used outdoors, it is less effective and has poor reproducibility. Most of the hindered amine light stabilizers are toxic. These factors can restrict the growth of the hindered amine light stabilizer market.

Opportunity: Innovation and development

The rising need for long-lasting, high-performance adhesive solutions in the packaging, construction, and automotive sectors helps the growth of the market. Non-basic amino ether HALS is an aqueous preparation developed for waterborne coatings. Solvent-based and aqueous-based stabilizers may be used in the paints and coatings for long-term protection. To avoid heat or light-induced coating degradation there is an opportunity to overcome this problem. Hindered amine light stabilizer properties include sustainable products, solutions for solvent-based and aqueous-based formulations, advancements in health and safety standards, environmental standards, dedicated product development innovation, dedicated innovation labs, outstanding long-term color retention, lower coating weights without compromising stability, and long term durability which helps in the innovation and development. These factors help to grow the hindered amine light stabilizer market.

Type Insights

The low molecular weight type segment dominated the market in 2023. Low molecular weight type hindered amine light stabilizer properties include better performance, higher stability, low interaction with additives like pigments, long-term thermal stabilization, superior compatibility with various kinds of polymers, minimum migration rate and volatility rate, high antioxidant activity, solubility in organic solvent, and low water carryover. Low molecular weight type liquid stabilizers used in styrene-acrylonitrile (SAN) for making hangers, switches, covers, knobs, lenses, cases of cosmetics, cassettes, pencils, and battery, refrigerator components, and industrial door glazing. These factors help the growth of the low molecular weight type segment and contribute to the growth of the hindered amine light stabilizer market.

The high molecular weight type segment is the fastest-growing during the forecast period. A high molecular weight stabilizer, which is a light stabilizer, is used for fiber-graded aliphatic polyamides and aromatic polyamides.  Aromatic polyamides are used in electrical insulation, bulletproof body armor, industrial filters, and sports fabrics. Aliphatic polyamides are used in textiles and carpets. Polyamide thermoplastics are stabilizers used in propellers, ski boots, toys, electrical and electronic equipment, and food packaging. In the automotive industry, for bearings, headlamp housing, and gear making, it is used. These factors help the growth of the high molecular weight type segment and contribute to the growth of the hindered amine light stabilizer market.

Form Type Insights

The liquid HALS form type segment dominated the market in 2023. Liquid HALS are used in adhesives, plastics, polymers, and coatings. It provides synergistic performance with ultraviolet radiation absorbers and outstanding light stability in coatings and plastics. Applications of liquid HALS include coatings, acrylics, polyurethanes, styrenic polymers, and polyolefins. Liquid HALS with a low molecular weight is used in refrigerator components and smoke detector housings. It is also used in hangers, covers, lenses, switches, knobs, cases of cosmetics, cassettes, batteries, pencils, and in industrial door glazing. These factors help the growth of the liquid HALS form type segment and contribute to the growth of the hindered amine light stabilizer market.

The solid HALS form type segment is the fastest-growing during the forecast period. Solid HALS form type contains low molecular weight HALS, which is dissolved in the oligomeric HALS. These factors help the growth of the solid HALS form type segment and contribute to the growth of the growth of the hindered amine light stabilizer market.

Function Type Insights

The UV absorption function type segment dominated the market in 2023 and is also the fastest-growing during the forecast period. UV absorbers are used to protect materials by converting absorbed UV rays into low-impact energy and heat through chemical reactions. UV absorption function types are mainly helpful for reducing plastic photodegradation. Examples of UV absorption function types of hindered amine light stabilizers are Oxanilides, rutile titanium oxide, hydroxyphenyl benzotriazoles, hydroxy benzophenones, carbon black, cyanoacrylates, benzotriazoles, and benzophenones. Ultraviolet absorbers and HALS help to obtain optimum ultraviolet protection by absorbing energy from UV radiation and vanishing energy in the form of heat. These are useful in protecting the coating against cracking and loss of gloss. These factors help the growth of the UV absorption function type segment and contribute to the growth of the hindered amine light stabilizer market.

Application Type Insights

The plastics application type segment dominated the hindered amine light stabilizer market in 2023 and is the fastest growing during the forecast period. The specialized additives hindered amine light stabilizers, which are used in chemical manufacturing, mainly in plastics production, polymeric materials, and coatings. These are used in plastics and other materials to protect materials from degradation due to ultraviolet radiation, as well as other environmental factors. In thermoplastic polymers, a hindered amine light stabilizer is highly used. Light stabilizers like polyamide thermoplastics and polyamide fibers applications include propellers, ski boots, toys, electronic and electrical equipment, food packaging, automotive for bearings, headlamp housings, gears, and textiles and carpets, in PVC applications, including bottles, plastic cards, profiling like doors and windows, and pipe construction. These factors help the growth of the plastics application type segment and contribute to the growth of the market.

Hindered Amine Light Stabilizer Market Recent Developments

• In September 2023, Tosaf launched a newly developed ultraviolet radiation barrier for thin transparent food packaging film. This film helps high blocking effect against the radiation.
• In November 2022, among the leading companies in India, Clean Science and Technology commercialized to manufacture certain specialty chemicals like HALS (Hindered Amine Light Stabilizer) series 701 and 770 by using environmentally friendly processes at global capacities 2000 MTPA at Unit III, Kurkumbh MIDC, MAHARASHTRA. These are used in various industries, including the coating industry, paint industry, water treatment, and polymerization inhibiter.

Hindered Amine Light Stabilizer Market Companies

• ADEKA Corporation
• Addivant
• Astra Polymers Compounding Co.
• BASF SE
• Chitech Technology Co., Ltd
• Clariant AG
• Everspring Chemical Co., Ltd
• Everlight Chemical Industrial Corporation
• Lycus LTD
• Mayzo, INC
• Milliken & Company
• SABO S.p.A.
• Songwon Industrial Co., Ltd
• Solvay SA

Segments Covered in the Report

By Type

• Low Molecular Weight
• High Molecular Weight

By Form Type

• Liquid HALS
• Solid HALS

By Function Type

• UV absorption
• Hydroperoxide Decomposition
• Free Radical Scavenging

By Application Type

• Plastics
• Coatings
• Adhesives and Sealants
• Inks
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa