What is the size of HALS Chemical Market | Size & Key Players 2025

Code: MTA7426 Publication Date: Aug 2025

What is the size of HALS Chemical Market?

According to 6Wresearch internal database and industry insights, the HALS Chemical Market was estimated at USD 979 billion in 2024 and is projected to reach USD 2.56 billion by 2031, growing at a CAGR of 7.8% during the forecast period 2025–2031.

There are numbers of factors which are contributing in the expansion of the HALS market which include the rising demand for UV-resistant plastics in construction, automotive, and packaging industries, as well as increasing usage in coatings and adhesives.

Key Growth Drivers of the HALS Chemical Market

  • Growing use of plastics in outdoor applications requiring UV protection
  • Rising demand in automotive coatings and plastic parts for durability
  • Expansion of packaging industry and need for longer shelf-life materials
  • Adoption in agriculture films and greenhouse plastics in emerging markets
  • Technological innovations for highly efficient and cost-effective HALS products

HALS Chemical Market Trends

HALS chemical market is undergoing for the transformation with the development of high-performance HALS compounds tailored to cater the increasing demand of applications such as automotive interiors and construction materials. A notable trend is the rising demand for HALS in water-based and low-VOC coating systems. Focus is emphasizing on integrating HALS with other stabilizer systems like UV absorbers for synergistic effects. Also, the shift is increasing towards sustainable, non-toxic, and recyclable plastics is boosting interest in HALS that extend polymer lifespans without environmental drawbacks.

Emerging Developments in the HALS Chemical Market

HALS market is developing over the years with the formulation of new-generation multifunctional HALS to enhance the light stabilization and processability. The focus of manufactures is increasing on non-migratory HALS for use in food-contact packaging and medical-grade plastics. Also, the collaboration between HALS manufacturers and polymer producers is rising for customized stabilizer solutions. Further, the investment is rising for the development of HALS for bio-based and biodegradable polymers to align with circular economy goals.

List of Leading Companies in the HALS Chemical Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

One of the leading chemical giants offering a wide range of light stabilizers, including advanced HALS products for plastics and coatings.

2. Clariant AG

Company NameClariant AG
Established Year1995
HeadquartersMuttenz, Switzerland
Official WebsiteClick Here

A specialty chemicals leader supplying high-performance HALS and UV stabilizers for durable polymer applications.

3. Evonik Industries AG

Company NameEvonik Industries AG
Established Year2007
HeadquartersEssen, Germany
Official WebsiteClick Here

Produces specialty additives including HALS for the automotive, construction, and agriculture sectors with a focus on innovation.

4. Songwon Industrial Co., Ltd.

Company NameSongwon Industrial Co., Ltd.
Established Year1965
HeadquartersUlsan, South Korea
Official WebsiteClick Here

A major supplier of polymer stabilizers including HALS, serving global markets through a wide distribution network.

5. Addivant (Now part of SI Group)

Company NameAddivant (SI Group)
Established Year2013
HeadquartersSchenectady, New York, United States
Official WebsiteClick Here

Now part of SI Group, offering custom HALS and UV protection solutions for polymers used in extreme environmental conditions.

6. Solvay S.A.

Company NameSolvay S.A.
Established Year1863
HeadquartersBrussels, Belgium
Official WebsiteClick Here

Offers HALS stabilizers for coatings, plastics, and elastomers with a strong emphasis on performance and sustainability.

7. Lycus Ltd.

Company NameLycus Ltd.
Established Year2002
HeadquartersEl Dorado, Arkansas, United States
Official Website-

Specializes in UV absorbers and HALS chemicals used in polymers, adhesives, and agricultural applications.

8. Adeka Corporation

Company NameAdeka Corporation
Established Year1917
HeadquartersTokyo, Japan
Official WebsiteClick Here

Manufactures a wide range of HALS additives tailored for high-performance plastic and rubber products.

9. MPI Chemie B.V.

Company NameMPI Chemie B.V.
Established Year1996
HeadquartersRotterdam, Netherlands
Official Website-

Known for supplying HALS and UV stabilizers to various global polymer processing industries.

What is the size of HALS Chemical Market: FAQs

The HALS chemical market was estimated at USD 979 billion in 2024 and is projected to reach USD 2.56 billion by 2031.
Major drivers include increased plastic usage in UV-exposed environments and growing demand for durable packaging and coatings.
Automotive, construction, agriculture, packaging, and electronics are major end-use industries.
Top companies include BASF, Clariant, Songwon, Evonik, SI Group, and Solvay.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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