The global impact modifiers market size is expected to reach USD 5,887.5 Million at a steady CAGR of 5.1% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of the global impact modifiers market can be attributed to surging demand for engineering plastics such as polycarbonates from the automotive industry. Engineering plastics enable reducing weight of automotive parts and provide more design freedom than metals. Impact modifiers are used to enhance impact performance of engineering plastics by imparting improved toughness, durability, and heat distortion temperatures.
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The report is formulated through extensive primary and secondary research and further validated and verified by industry experts and professionals. The report offers accurate market insights that will help readers garner an idea about the overall Impact Modifiers market, along with detailed statistical analysis.
The report also offers extensive details about the leading companies involved in the market along with their profiles, product portfolio, production and manufacturing capacity, cost analysis, market reach, and financial standings. It also pays special attention to strategic initiatives taken by the companies to gain a robust footing in the market like mergers and acquisitions, joint ventures, product developments, technological advancements, brand promotions and product launches, and partnerships, among others.
Some Key Highlights in the Report
In July 2020, Sukano, which is a company producing additives and masterbatches, announced the introduction of an innovative transparent impact modifier for PET resin. PET resin produced using the new impact modifier can be deployed as a substitute to specialty copolyesters used in packaging trays.
A major application of impact modifiers is to increase polyamides’ impact strength, along with fluidity. Plastic products produced from polyamides are used in various end-use industries such as automotive, consumer goods, packaging, electronics & electrical, and building & construction.
Key players in the market include Arkema SA, Formosa Plastics Corporation, Wacker Chemie AG, Dow Inc., LG Chem Ltd., Mitsubishi Chemical Corporation, Lanxess AG, Mitsui Chemicals, Kaneka Corporation, and Shandong Novista Chemicals Co. Ltd.
Emergen Research has segmented the global impact modifiers market on the basis of product type, application, industry vertical, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
Acrylonitrile Butadiene Styrene (ABS)
Acrylonitrile Styrene Acrylate (ASA)
Methyl Methacrylate Butadiene Styrene (MBS)
Ethylene Propylene Diene Monomer (EPDM)
Chlorinated Polyethylene (CPE)
Application Outlook (Revenue, USD Million; 2018–2028)
Polyvinyl Chloride (PVC)
Industry Vertical Outlook (Revenue, USD Million; 2018–2028)
Building & Construction
The report offers detailed information on the competitive landscape of the Impact Modifiers market along with the regional bifurcation. The report studies the key markets for production and consumption patterns, supply and demand ratio, emerging consumer trends, market spread, import/export, along with the presence of the key players and their business strategies.
Major Regions of the Impact Modifiers Market Analyzed in the Report Include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Global Impact Modifiers Market Report – Key Takeaways:
The latest research report analyzes the changing competitive scenario.
The report carries an unbiased perspective towards the global market performance.
The study presents an eight-year assessment of the global market and its principal product segments.
Market dynamics, such as drivers, opportunities, restraints, and threats, have been discussed in the report in detail.
The analytical data and strategic planning methodologies are expected to aid businesses in decision-making
The report serves as an exhaustive regional analysis of the global Impact Modifiers market, systematically presenting the business profiles of various stakeholders.
Furthermore, the report provides valuable data about the critical factors influencing market progress.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Impact Modifiers Market Segmentation & Impact Analysis
4.1. Impact Modifiers Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
22.214.171.124. Surging demand for engineering plastics from the automotive industry
126.96.36.199. Growing demand for PVC
188.8.131.52. Growing demand for polyester in the textile industry
184.108.40.206. Growth of the packaging industry
4.2.3. Market restraints analysis
220.127.116.11. Fluctuating price of raw materials
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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