Increasing Applications Sectors to Push UV Absorbers Market Growth; Asia Pacific Segment to Emerge as Dominant Regional Segment Capturing 47.59% by 2027, Projects TMR

Increasing Applications Sectors to Push UV Absorbers Market Growth; Asia Pacific Segment to Emerge as Dominant Regional Segment Capturing 47.59% by 2027, Projects TMR

PR Newswire

ALBANY, New York, March 18, 2020

- Growing research and development activities are creating a strong and positive environment for the growth of global UV absorbers market

- As applications of these UV absorbers increasing in industrial sector, impending research will further help in offering more potential uses and applications in the near future

ALBANY, New York, March 18, 2020 /PRNewswire/ -- Transparency Market Research has published a new research report that provide in-depth insights on different factors that are affecting the development of the global UV absorbers market. The research report shed light on the key segments, prominent growth challenges, geographical outlook, and the overall state of the competitive landscape of the global market. According to the report, the global UV absorbers market was initially valued at US$622 Mn in 2018. The market is projected to show a healthy CAGR of 4.5% over the given period of forecast ranging from 2019 to 2027. With this growth rate, the market will reach a valuation of ~US$669 Mn in 2020, whereas by the end of 2027, it will be around US$920 Mn.

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"In the last few decades, the UV absorbers market has experienced a considerable growth, as they are being primarily used for converting UV energy into kinetic or heat energy. In addition to this, these UV absorbers are also extensively used for preventing photo-aging and photo-oxidation process in textile industries. Along with textile industry, the demand for UV absorbers will come from other prominent sectors such as cosmetic, construction, and automotive among others", observes TMR analyst.

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Global UV Absorbers Market – Key Takeaways

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global UV Absorbers Market by Material: Benzophenone, Benzotriazole, Triazine, and Others; and Application: Paints & Coatings [Automotive Coatings, Industrial & Protective Coatings, Architectural & Construction Coatings, and Wood Coatings], Adhesives & Sealants, Plastics, Personal Care, and Others - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/uv-absorbers-market.html

Global UV Absorbers Market – Prominent Growth Factors

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/75473

Global UV Absorbers Market – Prominent Growth Challenges

Global UV Absorbers Market – Geographical Outlook

Analyze UV Absorbers market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Global UV Absorbers Market – Key Market Players

Some of the key market players operating in the global UV absorbers market are BASF SE, SONGWON Industrial Group, ADEKA Corporation, and Clariant AG. SONGWON Industrial Group.

Global UV Absorbers Market: Research Scope

UV Absorbers Market, by Material

UV Absorbers Market, by Application

UV Absorbers Market, by Region

Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry,

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