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.

To summarize, the report offers an extensive outlook of the global Impact Modifiers market backed by valid key statistical facts and figures collected from verified and authentic sources. The report on the Impact Modifiers market offers a thorough investigation of the market segmentation based on types and applications. Furthermore, the report also offers an extensive assessment of the market size, share, and volume to offer the forecast estimation for the same till the year 2027 in the leading geographies of the world where the market has already established its presence. It also sheds light on the various growth prospects and threats the leading players might have to face in the global Impact Modifiers market. Moreover, it also offers strategic recommendations to novice players to help them manage entry-level barriers.

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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.
  • Among the product type segments, the acrylic segment contributed largest revenue share in 2020. Acrylic impact modifiers increase the impact resistance of a plastic product, along with improving product surface gloss and weatherability. Acrylic impact modifiers are particularly ideal for outdoor products and find extensive usage in PVC sheets, pipes, boards, and pipe fittings.
  • 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.
  • Impact modifiers market in Asia Pacific registered the fastest revenue growth rate in 2020 and is expected to maintain this trend during the forecast period. Increasing demand for high-impact plastic compounds in industries such as automotive and packaging and presence of leading market players in the region are key factors driving market growth. In addition, rising disposable income and surging demand for consumer goods is supporting demand for impact modifiers in countries in Asia Pacific.
  • 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.

Market Segmentation:

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)
    • Acrylic
    • Methyl Methacrylate Butadiene Styrene (MBS)
    • Ethylene Propylene Diene Monomer (EPDM)
    • Chlorinated Polyethylene (CPE)
    • Glass Fiber
    • Others
  • Application Outlook (Revenue, USD Million; 2018–2028)
    • Polyvinyl Chloride (PVC)
    • Polyamide
    • Polyesters
    • Engineering Plastics
    • Others
  • Industry Vertical Outlook (Revenue, USD Million; 2018–2028)
    • Packaging
    • Consumer Goods
    • Building & Construction
    • Automotive
    • Pharmaceutical
    • Others

Regional Analysis:

The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.

Key geographical regions analyzed in the report:

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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Key Objectives of the Impact Modifiers Market Report:

  • To provide an exhaustive overview of the Impact Modifiers market both on the global and regional levels
  • To offer extensive analysis and forecast of the market scenario for the global Impact Modifiers market
  • Analysis of the market segmentation, market size and share, and estimations for the same in the forecast period
  • Extensive study of market dynamics and the factors influencing the growth of the industry
  • Comprehensive competitive landscape analysis and extensive regional analysis
  • SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis
  • Prevailing marketing strategies along with strategic recommendations for the new players and established companies

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          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
                    4.2.2.1. Surging demand for engineering plastics from the automotive industry
                    4.2.2.2. Growing demand for PVC
                    4.2.2.3. Growing demand for polyester in the textile industry
                    4.2.2.4. Growth of the packaging industry
          4.2.3. Market restraints analysis 
                    4.2.3.1. 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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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs