my country’s light stabilizer market demand is gradually growing, with hindered amine light stabilizers accounting for the largest share

Light stabilizer is a chemical substance that can inhibit or weaken the degradation effect of light on polymer materials, thereby improving the light resistance of polymer materials. Light stabilizers are often used together with antioxidants to better inhibit the photo-oxidative degradation of polymer materials. According to different mechanisms of action, light stabilizers can be roughly divided into ultraviolet absorbers, free radical scavengers, quenchers, etc. Among them, UV absorbers can be roughly divided into triazines, benzophenones, salicylates, benzotriazoles, etc.; free radical scavengers mainly refer to hindered amines, which are relatively less toxic and more expensive. Inexpensive; the quencher mainly refers to nickel organic complexes with high heavy metal content.

From the perspective of market segments, hindered amine light stabilizers account for the largest share of the light stabilizer market, reaching 68.7%; followed by ultraviolet absorbers, with a market share of 21.4%; ranking third is quenchers, with a market share of The proportion is 9.9%.

From the downstream of the industrial chain, light stabilizers are widely used in adhesives, chemical fibers, plastics, rubber, coatings and other fields. Among them, plastics have become the largest application field of light stabilizers. Due to the strong plasticity of plastics, they can be processed into products of various shapes according to usage requirements, and the cost is low. Therefore, there are many types of plastic products, which are widely used in agriculture, transportation, electronics, biomedicine and other fields. . However, with the gradual implementation of my country’s plastic restriction policy, plastic products are gradually being replaced by other material products, resulting in a gradual decline in their output. According to data released by the Ministry of Industry and Information Technology of my country, for the whole of 2022, my country’s plastic product output was 77.716 million tons, a year-on-year decrease of 4.3%. Light stabilizers are important raw materials for the production of plastic products, and their market has fluctuated accordingly.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on the Light Stabilizer Industry 2023-2027” released by the Industrial Research Center, the recent In recent years, my country’s automotive coatings, polymer packaging materials and other industries have developed rapidly. Because light stabilizers can extend the service life of products and have excellent antioxidant and UV resistance, market demand has gradually increased. From 2016 to 2022, my country’s light stabilizer market demand will increase from 165,000 tons to 233,000 tons, with an average annual compound growth rate of 5.92%.

Industry analysts said that at this stage, my country’s light stabilizer market is highly concentrated, and leading companies are gradually emerging. my country’s larger companies mainly include Li’anlong New Materials, Fubia Chemical, Jinxiang Chemical, Liansheng Technology, Tiangang Auxiliary, Zhenxing Chemical, Jinwei Chemical, Disheng Technology, etc. Among them, Liansheng Technology has a relatively high market share and has become a leading company in the industry. In order to further seize market share, competition among companies has become more intense. If companies want to break through, they must continue to increase investment in research and development and improve product quality. As my country’s light stabilizer market continues to develop, backward production capacity is gradually eliminated, and its market concentration will further increase in the future.