Stabilizers are indispensable for many products made from plastics and rubber as they ensure safe processing and prevent premature aging and weathering. For example, polyvinyl chloride (PVC) has to be treated with stabilizers. The market research institute Ceresana has just published a new study regarding the market for these additives and the research firm anticipates plenty of change on the horizon.
"The global market for stabilizers is undergoing highly dynamic changes at the moment," said Oliver Kutsch, CEO of Ceresana. "Market shares of individual product groups are shifting considerably. Stabilizers based on lead are increasingly replaced by products based on calcium or tin compounds. As a result, many companies have to strategically reposition themselves."
Construction is an indicator
The prime sales market for stabilizers is the plastics industry, the report stated. Sales volumes of profiles, pipes, cables, films, and floorings is highly dependent on the development of the construction sector - as a result, the development of this industrial sector is of paramount importance to demand for stabilizers. Neither in Europe nor in the U.S., the construction industry has been able to reach sales volumes reported in times preceding the economic crisis of 2008-09. During the past years, demand for plastic products and thus stabilizers rose in the BRIC countries (Brazil, Russia, India, China) in particular. Market shares of individual applications such as profiles or pipes, however, vary widely depending on country and region. Also, different stabilizers are used for the same applications in different regions of the world.