Hindered Amine Light Stabilizers (HALS) Global Market Report 2024

Hindered amine light stabilizers (HALS) are chemical substances featuring an amine functional group that serve as stabilizers in polymers and plastics, providing protection against photo-oxidative damage by generating nitroxide radicals.

The primary types of HALS include polymeric, monomeric, and oligomeric variants. Polymeric HALS act as chemical compounds to prevent the degradation of polymers, offering protection to the core of the material. They find applications in various industries such as plastics, paints and coatings, adhesives and sealants, with implementations in verticals like packaging, automotive, agricultural films, construction, and others. Monomeric HALS are effective in surface protection, while polymeric HALS provide core material protection. Oligomeric HALS exhibit excellent polymer compatibility, resistance to extraction, and heat stability, proving highly effective in polyacetals, polyamides, polyurethanes, flexible and rigid PVC, as well as PVC blends.

The hindered amine light stabilizers (HALS) market research report is one of a series of new reports that provides hindered amine light stabilizers (HALS) market statistics, including hindered amine light stabilizers (HALS) industry global market size, regional shares, competitors with a hindered amine light stabilizers (HALS) market share, detailed hindered amine light stabilizers (HALS) market segments, market trends and opportunities, and any further data you may need to thrive in the hindered amine light stabilizers (HALS) industry. This hindered amine light stabilizers (HALS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hindered amine light stabilizers (hals) market size has grown rapidly in recent years. It will grow from $1.24 billion in 2023 to $1.43 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth observed during the historic period in the hindered amine light stabilizers (HALS) market can be attributed to several factors, including the demand for protection against UV radiation, increased use in polymer stabilization, the expansion of the automotive industry, a growing demand for coatings and paints, and a rise in the use of plastic packaging. These factors collectively contributed to the expansion of the HALS market during the historical period.

The hindered amine light stabilizers (hals) market size is expected to see rapid growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The anticipated growth in the forecast period in the hindered amine light stabilizers (HALS) market can be attributed to various factors, including the increasing demand for green and sustainable materials, a growing need in the packaging industry, regulatory requirements and compliance standards, the rising trend of automotive electrification, and increased demand from the aerospace and defense sectors. Major trends expected during this period include advancements in UV protection for polymers, improved weathering resistance, the integration of nanotechnology, the use of antioxidant combinations, and the evolution of HALS chemistry. These trends reflect the dynamic landscape of HALS applications to meet emerging demands and industry developments.

The hindered amine light stabilizers (HALS) market is poised for growth, propelled by the expansion of the construction industry. The construction sector, encompassing various activities from mining and quarrying to building construction and product manufacturing, creates demand for plastics with light stabilizers and UV absorbers. These materials withstand the challenges posed by light and heat in construction conditions, contributing to market demand. In the US, the construction industry's substantial growth is evident, accounting for $2600.94 billion in 2020 and projected to reach $3486.93 billion by 2025, showcasing a compound annual growth rate (CAGR) of 6.0%. With an annual spending averaging nearly $1,231 billion, the robust growth in the construction industry significantly influences the hindered amine light stabilizers market.

The hindered amine light stabilizers (HALS) market is set to experience growth driven by the expanding automotive industry. Playing a crucial role in safeguarding polymers and plastics from UV radiation and heat, HALS contribute to prolonging the lifespan and appearance of automotive components, reducing degradation, and enhancing overall durability. In August 2023, data from the Board of Governors of the Federal Reserve System indicates a surge in total vehicle production in the United States, reaching 11.77 million units in July, up from 10.91 million units in June. This growth in the automotive industry is a significant factor propelling the hindered amine light stabilizers (HALS) market forward.

The hindered amine light stabilizers (HALS) market is witnessing a key trend with major players focusing on the expansion of production facilities. Notably, Clariant, a Switzerland-based specialty chemical company, initiated the construction of a world-class process and light stabilizer production facility in April 2021. This facility, co-owned by Clariant and Beijing Tiangang Auxiliary Co., Ltd., a China-based manufacturer of light stabilizers, enhances their capacity to meet the rising demand for high-process and light stabilizers in China's growing sectors, including automotive, textiles, and coatings. The trend of production facility expansion underscores the industry's commitment to meeting the demands of emerging markets and ensuring a robust supply chain for hindered amine light stabilizers.

Major players in the hindered amine light stabilizers (HALS) market are intensifying their efforts to introduce high-performance light stabilizers, positioning themselves for a competitive advantage. High-performance light stabilizers are crucial chemical compounds or additives utilized to protect materials like polymers, plastics, and coatings from the deteriorating effects of UV radiation, heat, and oxidation. An example of this strategic focus is demonstrated by Clean Science and Technology Limited, an India-based chemical company, which launched HALS Series 701 and 770 in November 2021. These new hindered amine light stabilizers provide enhanced protection against the harmful effects of UV radiation, exemplifying the company's commitment to innovation and meeting customer needs in various applications, including plastics and coatings.

In July 2021, Sabo S.p.A., a global leader in the development and manufacturing of hindered amine light stabilizers (HALS), entered into a strategic partnership with SONGWON Industrial Co., Ltd. This collaboration is aimed at maintaining leading market positions and expanding opportunities beyond Europe, particularly in sectors like automotive, agriculture, and building and construction applications. SONGWON Industrial Co., Ltd., based in South Korea, holds the position of being the second-largest manufacturer of polymer stabilizers globally, contributing to the SABOSTAB® HALS portfolio. This portfolio includes hindered amine light stabilizers, showcasing the companies' joint commitment to innovation and market expansion in critical application areas. The partnership emphasizes the collaborative efforts to leverage expertise and enhance market presence, marking a significant development in the hindered amine light stabilizers (HALS) industry.

Major companies operating in the hindered amine light stabilizers (hals) market include ADEKA Corporation, Beijing Tiangang Auxiliary Co., Chitec Technology Co. Ltd., Clariant AG, Double Bond Chemical Ind. Co. Ltd., Everlight Chemical Industrial Corp., Everspring Chemical Co. Ltd., Lambson Limited, Rianlon Corporation, SABO S.p.A, Solvay SA, SUNSHOW Corp., Tokyo Chemical Industry Co. Ltd., UNIQCHEM GmbH, BASF SE, Arkema Group, Kemin Industries Inc., Lycus Ltd., Mayzo Inc., Songwon Industrial Co. Ltd., TinToll Ltd., Valtris Specialty Chemicals, Wellspring Chemical Corporation, Adeka Palmarole SAS, AkzoNobel N.V., Ampacet Corporation, Baerlocher GmbH, Chemtura Corporation, Cytec Industries Inc., Dover Chemical Corporation, Emery Oleochemicals, Evonik Industries AG, Galata Chemicals LLC, IGM Resins

Asia-Pacific was the leading region in the market for hindered amine light stabilizers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hindered amine light stabilizers (HALS) analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the hindered amine light stabilizers (HALS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The hindered amine light stabilizers (HALS) market consists of sales of hindered amine light stabilizer products such as HALS 770 and HALS 622. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.