The Global Impact Modifiers Market report provides a holistic overview of the Impact Modifiers industry to offer accurate projections of the industry for the forecast timeline of 2024-2028. The report analyzes the major market players along with distributors and industrial chain structure. The report provides fruitful insight into the key players and new entrants about the market trends and the competitive landscape. The detail-oriented report consists of n pages and is an extensive database of vital information, statistical data, trends, and competitive analysis of the concerned sector. The data obtained from the study is corroborated by industry experts for the readers.
Growing demand for PVC in various end-use industries such as packaging, consumer goods, building & construction, and automotive is a significant factor driving impact modifiers market growth. The application of pure PVS is limited in various industries due to its low impact resistance; thus, it is essential to use impact modifiers to increase toughness, durability, and weather resistance properties of PVC. Impact modifiers (such as MBS impact modifiers) generally find application in rigid PVC products processing to produce products including sheets, pipes, food-packaging film, pharmaceutical blister packs, and bottles.
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Some Key Highlights in the Report
- In July 2024, 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.
- Impact modifiers market in Asia Pacific registered the fastest revenue growth rate in 2024 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
The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2024-2028. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.
Key Regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (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)
Summary of the Impact Modifiers Market Report:
Critical Features:
The report on the Impact Modifiers industry sheds light on the latest growth trends and developments along with a special focus on the methodologies. Along with this, the market factors that directly influence the growth of the industry, such as market strategies adopted by the key companies, drivers, restraints, and others, are also covered in the report. Additionally, expansion tactics, product portfolio, and factors influencing the growth of the industry are offered in the report.
Industry Overview:
The study offers an analysis of the crucial market features, such as R&D advancements, product launches, brand promotions, strategic alliances such as joint ventures, mergers and acquisitions, collaborations, and partnerships, to depict the growth of the key players on both the regional and global scale.
Radical Features:
The report covers an analysis of the key features such as cost volatility, production and manufacturing capacity, production and consumption rate, gross revenue, profit margins, import/export, demand and supply dynamics, growth rate, and market share and size. Along with this, the report also focuses on the macro and micro-economic factors, market trends, and divides the market into key segments and sub-segments.
Analytical Tools:
The report employs advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer a comprehensive overview of the Impact Modifiers market. The report includes authentic and validated information about the key market players, their market reach and global position, product portfolio, and business overview. It also offers an extensive analysis of their global market position and revenue contribution by individual players.
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