Ultraviolet (UV) Absorbers Market is expanding rapidly as SONGWON Industrial Co. Ltd. partners with Disheng Technology Co. Ltd. for the production of its comprehensive range of UVA light stabilizers
Ultraviolet (UV) Absorbers , a broad classification of photostability, are UV stabilizers that absorb dangerous UV radiation from the sun and release it into the air as cool, dry air. UV Absorbers need no special pre-cautionary handling or maintenance. Over the years, many end-use industries such as the construction and automotive sectors have witnessed robust growth with rising awareness regarding the benefits of UV absorbers. As per the India Brand Equity Foundation (IBEF), India’s domestic automobile sales reached 21.55 million units in FY20, registering a CAGR of 1.29%. This, in turn, has increased the demand for UV absorbers are used in car plastics and paints to enhance performance. Thus, these factors can augment growth of the UV absorbers market. Recently, in December 2018, SONGWON Industrial Co. Ltd. partnered with Disheng Technology Co. Ltd. for the production of its comprehensive range of UVA light stabilizers. Over the years, the demand for greenhouse films ...