# UV Absorbers Market to Witness a Pronounce Growth  During 2019 to 2027 
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-25
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: UV Absorbers Market: Growth Opportunities and Challenges
Meta Description: Learn about the key drivers of the global UV absorbers market and how technological advancements are shaping the industry. Find out more here!
URL: https://financedigest.com/uv-absorbers-market-to-witness-a-pronounce-growth-during-2019-to-2027html

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**UV Absorbers Market: Introduction**

The global [UV absorbers market](https://www.transparencymarketresearch.com/uv-absorbers-market.html) was valued at ~ **US$ 622 Mn** in **2018** and is anticipated to expand at a CAGR of **4.5%** from **2019 t** o **2027**. Rapid growth of population, rising government spending on infrastructure development, and rising need for space have led to growth of the global building & construction sector. However, since buildings are highly exposed to sunlight, they are more susceptible to yellowing, peeling, cracking. This, in turn, has led to production of UV absorbers, which can provide protection from degradation caused by exposure to UV rays.

**Key** [Drivers of UV Absorbers Market](https://www.financedigest.com/plant-based-yogurt-market-regional-growth-drivers-segmental-analysis-opportunities-and-trends-2021-2030.html "Plant-based Yogurt Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2021-2030")

Since buildings are greatly exposed to sunlight, they are more susceptible to yellowing, peeling, cracking, etc. This, in turn, [drives the production](https://www.financedigest.com/cyclic-innovation-to-drive-the-disposable-incontinence-products-market.html "Cyclic innovation to drive the Disposable Incontinence Products Market") of UV absorbers, which can provide protection from degradation caused by exposure to UV rays.

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[**Technological Advancements in UV Absorbers to Offer Attractive Opportunities**](https://www.financedigest.com/talent-acquisition-staffing-technology-and-services-market-regional-growth-drivers-segmental-analysis-opportunities-and-trends-2021-2028.html "Talent Acquisition & Staffing Technology and Services Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2021-2028")

Producers operating in the global UV absorbers [market can develop new products by increasing molecular weight of and adding functionality](https://www.financedigest.com/functional-printing-market.html "Functional Printing Market") to UV absorbers. This can help in enhancing the extinction coefficient and photo-permanence of UV absorbers. Additionally, [manufacturers can introduce advanced technologies](https://www.financedigest.com/how-an-advanced-manufacturing-technology-can-make-your-business-more-3-dimensional.html "How an advanced manufacturing technology can make your business more 3-dimensional") that can help in the development of water-borne systems, without the need for solvents or pre-emulsification

**Dependency on Thickness of Coatings to Hamper** [Global Market](https://www.financedigest.com/global-recycled-metal-market-projected-to-garner-significant-revenues-by-2026.html "Global Recycled Metal Market Projected to Garner Significant Revenues by 2026")

Since UV absorbers require the minimum thickness of 100 microns in order to achieve sufficient UV absorption, they are not recommended for [thin films](https://www.financedigest.com/oral-thin-film-market-is-expected-to-elevate-to-a-value-of-us-6-6-bn-by-the-end-of-2030.html "Oral Thin Film Market is Expected to Elevate to a Value of US$ 6.6 Bn by the End of 2030") (films with thickness below 100 microns). Thus, they cannot prevent the formation of surface defects caused by photo-degradation of the coating in exterior conditions. UV absorbers are extensively used in combination with hindered amine light stabilizers in order to enhance the effectiveness of UV absorbers in exterior conditions. Dependency on the thickness of coatings is likely to act as a major restraining factor for the global UV absorbers [market during the forecast period](https://www.financedigest.com/beach-umbrella-market-is-set-to-witness-steady-growth-at-a-cagr-of-5-during-the-forecast-period-2021-2031.html "Beach Umbrella Market is set to witness steady growth at a CAGR of ~5% during the forecast period 2021 – 2031").

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**Asia Pacific Dominates UV** [Absorbers Market](https://www.financedigest.com/the-adult-adolescent-vaccines-market-to-be-digitally-absorbent.html "The Adult Adolescent Vaccines Market to be digitally absorbent")

In terms of volume, [Asia Pacific held a leading share](https://www.financedigest.com/asia-shares-slip-dollar-strong-as-yuan-weakens.html "Asia shares slip, dollar strong as yuan weakens") of the global UV absorbers market in **2018**. In Asia Pacific, increase in industrialization and growth of end-use industries, such as plastics and paints & coatings, is expected to [drive the demand](https://www.financedigest.com/hard-disc-drive-market-current-and-future-demand-analysis-growth-and-forecast-by-2029.html "Hard Disc Drive Market Current and Future Demand, Analysis, Growth and Forecast By 2029") for UV absorbers. The growing automotive [industry in Asia Pacific is expected to drive the demand](https://www.financedigest.com/agriculture-industry-is-anticipated-to-drive-dairy-concentrates-market-demand-over-forecast-2028.html "Agriculture Industry Is Anticipated To Drive Dairy Concentrates Market Demand Over Forecast 2028") for UV absorbers for use in automotive plastics, coatings, and adhesives. Rising awareness regarding benefits of UV absorbers is anticipated to boost the demand for UV absorbers in Asia Pacific during the [forecast period](https://www.financedigest.com/servo-press-market-to-register-a-robust-growth-rate-during-the-forecast-period-2017-2025.html "Servo Press Market to Register a Robust Growth Rate During the Forecast Period 2017 – 2025").

**Plastics a Major Application of UV Absorbers**

The plastics application segment held a key share of the global UV absorbers market in **2018** and it is projected to expand at a rapid pace during the forecast period. Plastics tend to degrade when exposed to UV radiations and heat. UV absorbers are used in combination with HALS to prevent photo-degradation of plastics. UV absorbers extend the life of plastics and improve their appearance. Thus, [rising demand for plastics is driving the global UV absorbers market](https://www.financedigest.com/ott-content-market-to-rise-to-a-valuation-of-us-245814-4-mn.html "OTT Content Market to rise to a valuation of US$ 245,814.4 Mn").

[**Key Companies in Global Market**](https://www.financedigest.com/leave-in-conditioner-market-industry-outlook-growth-prospects-and-key-opportunities.html "Leave-In Conditioner Market: Industry Outlook, Growth Prospects and Key Opportunities")

Prominent players operating in the global UV absorbers market are **BASF SE**, **SONGWON Industrial Group**, **ADEKA Corporation**, and **Clariant AG. SONGWON**[Industrial Group is a leading](https://www.financedigest.com/cone-crusher-markets-advanced-research-growth-opportunities-in-global-industry-by-2030-edited-by-leading-research-firm.html "Cone Crusher Market’s advanced Research & Growth Opportunities in Global Industry by 2030 Edited by Leading Research Firm") manufacturer of antioxidants, stabilizers, and polyurethanes. It has a sales network in 57 countries across the globe and logistics hubs and warehouses in 40 countries worldwide. On **December 4, 2018**, **SONGWON** Industrial [Group announced](https://www.financedigest.com/incentive-fm-group-announces-latest-strategic-me-acquisition.html "INCENTIVE FM GROUP ANNOUNCES LATEST STRATEGIC M&E ACQUISITION") to have expanded its in-house production capacity for a triazine type of UV absorber i.e. SONGSORB CS 400 and other products by 1,000 metric tons

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