PVC STABILIZERS MARKET ANALYSIS

PVC Stabilizers MarketSize and Trends

The global PVC stabilizers market size was valued at US$ 1,397.8 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 5.09% from 2023 to 2030. The market of PVC Stabilizers is estimated to grow at a significant pace over the forecast period. This growth is attributed to the growing global population and increase in spending on infrastructure projects. PVC Stabilizers are additives that are added to enhance the performance of PVC in different applications, including pipes & fittings, window profiles, rigid & semi-rigid films, wire & cables, coatings & flooring, and others. Moreover, growing use of organic based stabilizers is further expected to propel market growth. The use of organic based stabilizers is an increasing trend in PVC pipes production as they offer several advantages over traditional lead and calcium zinc stabilizers. They can be processed and used in a more environmentally friendly way, avoiding the need for heavy metals that can leach into the environment when recycled.

Global PVC Stabilizers Market Trends:

Increasing use of tin-based stabilizers in place of lead-based stabilizers is a recent trend

Tin-based stabilizers are increasingly replacing lead-based stabilizers due to growing environmental concerns. They are environmentally friendly, causing less pollution. Their production process is also less energy-consuming than that of lead stabilizers.

New product launch is another recent trend

Key players are introducing new and novel products due to ongoing research &development activities. This trend is expected to continue in the near future also. For instance, in May 2022, Alfa Chemistry announces the launch of varieties of heat stabilizers, which are largely used in the medical-grade PVC industry, where they play the role of inhibiting the chemical break-down and discoloring of polymers under heat.