The Global Heat Stabilizers Market is segmented by Form, Type, Application and Region.
On the Basis of the Form, the Global Heat Stabilizers Market is segmented into liquids, powders, prills, pastes, and others. The liquid form held the largest market share in 2017 owing to its superior mixing characteristics and is expected to continue growing during the forecast period.
On the Basis of the Type, the Global Heat Stabilizers Market is segmented into heavy metal, metallic soaps, organic, and others. The heavy metals heat stabilizers are sub-segmented into lead, cadmium, tin, and others. The metallic soaps heat stabilizers are sub-segmented into calcium-based and mixed metal stabilizers (Ba-Zn, Ca-Zn, Mg-Zn, others). The organic heat stabilizers are sub-segmented into organometallic (organotin) and non-metallic organic stabilizers. The metallic soaps accounted to have the largest market share in 2017 under type category owing to its superior performance, and low toxicity characteristics compared to heavy metal Heat Stabilizers and are expected to grow at an encouraging rate during the forecast period. However, organic heat stabilizers are likely to show rising demand during the forecast period mostly from the developed countries owing to its 100% eco-friendly nature to meet the stringent regulation.
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On the Basis of the Application, the Global Heat Stabilizers Market is segmented into pipes & fittings, profiles & tubing, wires & cables, coatings & floorings, and others. The pipes & fittings application accounted to hold the largest market share in 2017 owing to its large-scale application in building & constructions industry across the globe and is expected to continue accounting for a significant share during the forecast period. Profiles & tubing and wires & coatings collectively accounted to hold the second largest share of the product market in 2017 owing to its wide consumption in the automotive, healthcare, and building & construction industries and are expected to show high demand during the forecast period.
On the Basis of the End-User Industry, the Global Heat Stabilizers Market is segmented into building & construction, automotive, healthcare, packaging, footwear, and others. The building & construction industry is expected to hold the largest market share due to the large-scale application of PVC; it is expected to continue dominating the market during the forecast period 2018–2023.
Regional Analysis
The Global Heat Stabilizers Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to be the largest market for heat stabilizers followed by Europe, which is further trailed by North America. The Middle East & Africa is expected to exhibit rising demand for Heat Stabilizers during the forecast period. Latin America is expected to witness moderate growth during the forecast period, 2018–2023.
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