Chemicals

Global Impact Modifiers Market Overview And Prospects

November 16, 2021 by The Business Research Company

Learn about the global impact modifiers market through The Business Research Company, which provides information on impact modifiers market size, impact modifiers market drivers and restraints, impact modifiers market players, the COVID-19 impact on the impact modifiers market, and more.

The global impact modifiers market is expected to grow from $3.68 billion in 2020 to $3.95 billion in 2021 at a compound annual growth rate (CAGR) of 7.08%. The growth in the impact modifiers market is mainly due to the rising demand from various end-users such as packaging, construction, automotive, and consumer goods. The market is expected to reach $5.31 billion in 2025 at a CAGR of 7.71%.
The increase in demand for impact modifiers in the construction industry is expected to drive the growth of the impact modifiers market.

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The impact modifiers market consists of sales of impact resistance modifier products by entities (organizations, sole traders, or partnerships) that manufacture impact modifiers for Polyvinyl chloride (PVC), engineering plastics, epoxy resins. Impact modifiers are the key additives for increasing flexibility and improve durability, the toughness of plastic resins, and meeting physical property requirements of rigid parts. They are added to compounded materials to improve durability and toughness of plastic resins.

Global impact modifiers market segments include:

By Type: AIM, ABS, MBS, CPE, EPDM, ASA, Others
By End-User: Packaging, Construction, Consumer Goods, Automotive, Others
By Application: PVC, Engineering Plastics, PBT, Nylon, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions. Asia Pacific is the largest region in the impact modifiers market in 2020.

Companies in the impact modifiers market are focusing on collaboration and partnerships for product development and innovation.

TBRC’s impact modifiers market report covers:

Major Market Players: Evonik Industries, E.I. Du Pont De Nemours & Co., Addivant, Kaneka Corporation, Arkema S.A., Mitsubishi Chemical Corporation, LG Chem., Mitsui Chemicals Inc., SI Group Inc., Novista Group, Indofil Industries Limited, Akzo Nobel N.V., and Chemtura Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Impact Modifiers Global Market Report 2021: COVID-19 Growth and Change To 2030 is one of a series of new reports from The Business Research Company that provides impact modifiers market overviews, analyzes and forecasts market size, share, impact modifiers market players, impact modifiers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s impact modifiers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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