Stable Growth: Ceresana Analyzes the Global Market for Stabilizers

22-Mar-2019 - Germany

stabilizers are chemicals needed for many plastic and rubber products. They enable a safe production and processing; they protect plastics and rubbers against the effects of heat, UV light or oxygen. The market research company Ceresana analyzed the global market for these indispensable additives already for the fourth time. “The revenues generated with stabilizers are likely to reach a volume of USD 5.5 billion until 2025,” Oliver Kutsch, CEO of Ceresana, explains.

Other Countries, Other Stabilizers

Stabilizers are usually based on lead, tin or calcium. The current report by Ceresana also closely examines liquid metal soaps and other products. Lead-based stabilizers are increasingly replaced by calcium- or tin-based products, which leads to a shift of market shares of the particular product categories. Ceresana expects global consumption of calcium-based stabilizers to increase by 3.9% per year. Global demand for tin-based stabilizers is likely to amount about 231,000 tonnes in 2025. Lead-based stabilizers have completely disappeared from the market in the European Union. But also in other regions, increasing demand for more environmentally friendly alternatives is perceivable. In Europe, calcium-based stabilizers are by far the most popular type. In contrast, North America utilizes tin stabilizers most frequently. In total, Asia-Pacific is the largest regional market for stabilizers accounting for a share of 57%, followed by Western and Eastern Europe.

Stabilizers for Various Applications

Worldwide, the most important application area for stabilizers is the plastics industry, the production and processing of PVC in particular. The highest amount of stabilizers is currently utilized in the production of plastic pipes: about 375,000 tonnes in 2017. Production of profiles ranked second, followed by the segments cables, films, and flooring. Sales of these products depend to a large extent on the construction sector. Thus, the development of the construction industry is of paramount importance to the demand for stabilizers. For example, growing environmental awareness leads to an increasing use of energy-efficient plastic profiles worldwide, which in turn increases demand for stabilizers on the part of this sector. Until 2025, Ceresana expects an annual growth rate of 2.6% in the segment profiles. In Western and Eastern Europe, the application profiles dominates the overall market; in Asia-Pacific stabilizers are mainly used for pipes.

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