The global Ultraviolet (UV) light stabilizer market size was USD 1.40 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research. Rising industrialization in developing countries, rapid growth in the automotive industry, and increasing requirement for manufacturing UV stabilizers in the automotive industry are major factors driving market revenue growth. Rapid industrialization has led to growth of various end-use industries, which rely on UV light stabilizers. For instance, building materials can experience microcracking and embrittlement as major consequences of photodegradation. These effects are frequently followed by a significant decline in material’s mechanical qualities such as tensile strength, impact strength, and elongation. This has led to rising demand for UV light stabilizer in the construction industry to increase longevity and retain strength of materials. https://www.emergenresearch.com/industry-report/ultraviolet-light-stabilizer-market