Key trends include rising demand for hindered amine light stabilizers (HALS) and UV absorbers, which are essential for enhancing product longevity and performance. The Asia-Pacific region is anticipated to dominate the market, fueled by the booming automotive industry and robust construction activities in countries like China and India. Major players, including BASF and Clariant, are actively expanding their production capabilities to meet the surging demand.

UV stabilizers are widely used in the automotive industry, particularly for interior components like door cladding, trim, window frames, and center consoles, as well as for exterior parts such as bumpers, brackets, and side moldings. These applications help enhance the durability and longevity of automotive materials.

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