Chicago, IL -- (SBWIRE) -- 08/21/2017 -- Chemical compounds that contain an amine functional group which are used as stabilizers are termed as hindered amine light stabilizers (HALS). They help in protecting pigments and dyes in paints from degradation of light-induced polymer. Usually, such kinds of stabilizers are 2, 2, 6, 6-tetramethylpiperidine derivatives. Extremely, these compounds are mainly proficient stabilizers against degradation of light-induced most polymers. These stabilizers do not absorb ultra violet radiation, but act to slow down degradation of the polymer. They slow the process chemically that initiated degradation polymer reactions, to certain extent in a similar manner to antioxidants.

The report on the global Hindered amine light stabilizers (HALS) market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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Regionally, the global hindered amine light stabilizers (HALS) market is segmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, Asia Pacific region was the most lucrative market for hindered amine light stabilizers (HALS) from past few years and are anticipated to remain dominant over the forecast period. China is the major consumer of this region. The escalating demand for hindered amine light stabilizers (HALS) is mainly owing to the augmenting demand from producers of plastics as well as automotive manufacturers, which is turn is estimated to fuel the market of this region.

MARKET SEGMENTATION

This report analyzes the hindered amine light stabilizers (HALS) market by the following segments:

Hindered Amine Light Stabilizers (HALS) Market, by Type

1. Polymeric
2. Monomeric
3. Oligomeric

Hindered Amine Light Stabilizers (HALS) Market, by End-use Industry

1. Packaging
2. Automotive
3. Agriculture Films
4. Construction
5. Others

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