Capacity Expansions is the Key Growth Strategy Adopted by Leading Players in the Global Heat Stabilizers Market | Top Key Players are USE ,

 



The global heat stabilizers market is estimated at USD 3.77 Billion in 2017 and is projected to reach USD 4.57 Billion by 2022, at a CAGR of 4.0% from 2017 to 2022. Increasing demand for organic heat stabilizers with low VOC is the major factor driving the growth of the heat stabilizers market. The growth of the market is also triggered by the rising demand for PVC materials over the conventional materials in various applications.

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Songwon Industrial Co., Ltd. (South Korea) is another leading manufacturer in the heat stabilizers market. The company adopted contracts and agreements as its key growth strategies to expand its business globally. It has been focusing on developing heat stabilizers through innovations in products. 

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APAC to be the fastest-growing market for heat stabilizers during the forecast period 

The Heat Stabilizers Market in the APAC is projected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the growth of construction, automotive, and medical industries; significant R&D investments; and drive to use less toxic products in the APAC countries, such as India, South Korea, and China. Europe accounted for the largest share of the global Heat Stabilizers Market in 2016, and is expected to continue to lead during the forecast period. This is due to the early product commercialization, intensive R&D, and rapid adoption of environment-friendly heat stabilizers by general consumers in this region.

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Browse Related Reports 

Polymer Stabilizer Market by Type (Antioxidant, Light Stabilzier, Heat Stabilizer), End-use Industry (Packaging, Automotive, Building & Construction, Consumer Goods), and Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/polymer-stabilizer-market-262329717.html


PVC Additives Market by Type (Stabilizers, Impact Modifiers, Processing Aids, Lubricants, Plasticizers), Fabrication Process (Extrusion, Injection Molding), Application (Pipes & Fittings, Profiles & Tubing, Rigid Sheet & Panel) - Global Forecast to 2021

https://www.marketsandmarkets.com/Market-Reports/pvc-additives-market-137788777.html


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