Benzotriazole UV Absorber Market
The market for Benzotriazole UV Absorber was estimated at $762 million in 2024; it is anticipated to increase to $1.16 billion by 2030, with projections indicating growth to around $1.65 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Benzotriazole UV Absorber Market Outlook
Revenue, 2024
$762M
Forecast, 2034
$1.54B
CAGR, 2025 - 2034
7.3%
The Benzotriazole UV Absorber industry revenue is expected to be around $817.3 million in 2025 and expected to showcase growth with 7.3% CAGR between 2025 and 2034. The Benzotriazole UV absorber market experiences strong expansion because of multiple essential factors. The market experiences substantial growth because the plastics, coatings, and adhesives industries need UV protection for their products. The market has expanded because people have become more aware of UV radiation damage to materials and the need for effective UV absorbers. The Benzotriazole UV absorber maintains its importance because it extends the lifespan of products exposed to UV radiation which protects their quality and performance.
Benzotriazole UV absorbers function as organic compounds which absorb ultraviolet radiation before converting it into thermal energy to protect materials from damage. The UV absorbers serve multiple applications including automotive coatings and personal care products and polymers. The plastics industry benefits from these UV absorbers because they protect materials from UV radiation which otherwise causes discoloration and mechanical property degradation.
Market Key Insights
- The Benzotriazole UV Absorber market is projected to grow from $761.7 million in 2024 to $1.54 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Plastics Industry, Coatings Industry and Personal Care Products.
- BASF SE, Songwon Industrial Co. Ltd., Clariant AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Benzotriazole UV Absorber market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- Transition like Shift Towards Eco Friendly Products is expected to add $46 million to the Benzotriazole Uv Absorber market growth by 2030.
- The Benzotriazole UV Absorber market is set to add $779 million between 2024 and 2034, with manufacturer targeting Coatings & Adhesives Applications projected to gain a larger market share.
- With Rising demand in plastic industry, and Increasing need for uv protection, Benzotriazole UV Absorber market to expand 102% between 2024 and 2034.
Opportunities in the Benzotriazole UV Absorber
The Asia Pacific region shows increasing market demand for Benzotriazole UV absorbers used in personal care products. The market demand for advanced sun protection in skincare and haircare products has increased because of changing consumer preferences. The trend is also most evident in countries with intense UV radiation exposure such as Australia and India.
Growth Opportunities in North America and Asia-Pacific
The Benzotriazole UV absorber market in North America experiences rapid expansion because of strong demand from automotive construction and personal care industries. The North American regions dedication to sustainable practices has created rising demand for Benzotriazole UV absorbers in environmentally friendly coatings and sustainable building materials. The market faces intense competition because leading companies dedicate resources to research and development for creating new products with superior UV protection features. The market expansion in this region is driven by two main factors: consumer understanding of UV radiation dangers and rising product requirements for durability and UV resistance.
The Asia Pacific region, especially China and India, is a growing market for Benzotriazole UV absorbers. The market growth is driven by the rapid industrialization and the increasing demand in textile, plastic and cosmetic sectors. The region’s hot and humid climate requires the use of UV absorbers in various applications, thus driving the market. The competition is intense with both local and international players vying for market share, leading to a focus on product differentiation and cost effectiveness. The expansion of manufacturing sectors and increased consumer spending on UV protected products are significant factors contributing to the market growth in the Asia Pacific region.
Market Dynamics and Supply Chain
01
Driver: Increasing Demand in Plastic Industry and Advancements in UV Absorber Technology
The Benzotriazole UV absorber market shows substantial growth because of two main factors. The plastic industry also drives the main growth of these absorbers. The plastic industry relies on Benzotriazole UV absorbers to protect materials from UV degradation which results in longer product lifespans. The demand for UV resistant plastics continues to rise in automotive and construction industries. The development of new UV absorber technology has also resulted in improved Benzotriazole UV absorbers which offer better efficiency and lower production costs. The market expansion of Benzotriazole UV absorbers results from technological improvements that have also increased their availability and market appeal across multiple industries.
The growing consumer understanding of UV radiation dangers to skin and the necessity of UV protection in personal care products also serves as a major driver for the Benzotriazole UV absorber market. The personal care industry uses Benzotriazole UV absorbers in sunscreens and lotions and cosmetics because these ingredients provide exceptional UV absorption capabilities. The personal care industry will also continue to demand Benzotriazole UV absorbers because consumers are also learning more about UV protection.
02
Restraint: High Production Costs Impede Market Expansion
The manufacturing of Benzotriazole UV absorbers requires sophisticated chemical operations which need specialized equipment and trained personnel. The high production expenses stem from these factors which might discourage new manufacturers and restrict market expansion.
03
Opportunity: Increasing Demand in the Paints and Coatings Industry and Rising Adoption in the Plastic Industry
The paints and coatings industry experiences rising demand for Benzotriazole UV absorbers because these materials provide exceptional protection against damaging UV radiation. The construction and automotive sectors lead this trend because UV protection plays a vital role in maintaining both durability and visual appeal. The highest growth rates will occur in areas that experience extreme sunlight exposure including the Middle East and Africa.
The plastic industry uses Benzotriazole UV absorbers to extend the lifespan and improve the quality of plastic products. The industry has adopted this change because technological advancements have made the absorber work better with different plastic materials. The packaging sector shows the most substantial growth because UV protection plays a crucial role in preserving product quality.
04
Challenge: Stringent Environmental Regulations Impact Market Dynamics
The environmental concerns about benzotriazole UV absorbers persist because these substances protect materials from UV radiation but show toxic properties. The strict environmental regulations that control their use and disposal create major obstacles for market expansion.
Supply Chain Landscape
1
Raw Material Suppliers
BASF SEEastman Chemical Company
2
Intermediate Producers
Mayzo Inc.SONGWON Industrial Group
3
Final Product Manufacturers
Everlight Chemical Industrial CorporationAddivant USALLC
4
End-User Industry
Paints and CoatingsPlasticsAdhesives and Sealants
1
Raw Material Suppliers
BASF SEEastman Chemical Company
2
Intermediate Producers
Mayzo Inc.SONGWON Industrial Group
3
Final Product Manufacturers
Everlight Chemical Industrial CorporationAddivant USALLC
4
End-User Industry
Paints and CoatingsPlasticsAdhesives and Sealants
Use Cases of Benzotriazole UV Absorber in Plastics & Coatings
Plastics Industry : The plastics industry relies heavily on Benzotriazole UV absorbers because they protect materials from sunlight discoloration while preserving their physical characteristics. The plastics industry primarily uses UV 329 as its main product because it demonstrates superior thermal stability and outstanding light absorption properties. BASF and Everlight Chemical operate as leading companies in this segment because they produce high quality products while maintaining a dominant market position.
Coatings Industry : The coatings industry depends on Benzotriazole UV absorbers including UV-P to improve paint and varnish durability and color stability. The absorbers deliver exceptional protection against damaging UV radiation which helps to lengthen the coatings lifespan. Clariant and Mayzo lead this application through their market dominance because they offer innovative solutions and broad product ranges.
Personal Care Products : The UV absorber Benzotriazole exists in personal care products including sunscreens and cosmetics. The photostable and ingredient compatible nature of UV 360 makes it a preferred choice for this application. The UV absorber functions as a protective agent against harmful UV rays which helps prevent skin damage and premature aging. The major players in this segment are Ashland and Croda who are well known for their high quality products and strong market presence.
Recent Developments
The Benzotriazole UV absorber market has been witnessing substantial growth in recent years, primarily due to the products extensive applications in the plastics industry. As a powerful UV radiation shield, Benzotriazole UV absorbers are increasingly being used to enhance the lifespan and durability of various plastic products, thereby driving demand in the market. A key market trend that has been observed is the rising use of Benzotriazole UV absorbers in the automotive industry.
December 2024 : The leading chemical company BASF introduced Benzotriazole UV absorbers as a new product line which extends the operational life of plastics when used outdoors.
October 2024 : Chemipro Kasei Kaisha, Ltd. formed a strategic partnership with Evonik Industries to increase their Benzotriazole UV absorber production capacity in the Asia Pacific region.
August 2024 : The company Clariant AG created a revolutionary Benzotriazole UV absorber technology which enhanced the UV resistance properties of automotive coatings.
Impact of Industry Transitions on the Benzotriazole UV Absorber Market
As a core segment of the Specialty Chemicals industry,
the Benzotriazole UV Absorber market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Towards Eco Friendly Products and Advancements in Nanotechnology have redefined priorities
across the Specialty Chemicals sector,
influencing how the Benzotriazole UV Absorber market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Towards Eco Friendly Products
The Benzotriazole UV absorber industry undergoes a major shift toward developing sustainable and environmentally friendly products. The industry transition stems from rising environmental regulations together with expanding consumer knowledge about chemical product environmental effects. Manufacturers dedicate substantial research funds to create Benzotriazole UV absorbers which protect materials from UV radiation while being biodegradable and non toxic. The industry transition has created substantial effects on plastics and coatings sectors because companies now seek eco friendly UV absorbers.
02
Advancements in Nanotechnology
The Benzotriazole UV absorber industry has experienced a significant change through the implementation of nanotechnology. The application of nanotechnology enables manufacturers to create UV absorbers which exhibit better performance through extended stability and longer lifespan and superior UV absorption properties. The technological breakthrough has made a substantial impact on industries that require high performance UV absorbers such as cosmetics and personal care because it ensures both safety and effectiveness of their products.