Global Impact Modifier Market was valued US$3.46 Bn in 2019 and is projected to reach US$XX Bn by 2026 at a CAGR of about XX % during a forecast year.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Impact modifier resins are used to increase the durability of molded and extruded plastics, especially for those that have impact strength or cold weather services. They are important supplements added for increasing elasticity to overcome rigidity of material. The non-availability of alternative is the key driver that boost the growth of global impact modifier market. Also, huge development across various end-user applications. However, an instability of prices and other factors are hindering the growth of global impact modifier market.
Based on type, the global impact modifier market is segmented into EVA, NBR, AIM, ASA, ABS, MBS, EPDM, CPE, and others. Among theses, the MBS (Methacrylate-Butadiene- Styrene) estimated to grow at the high CAGR of XX% during the forecast period. MBS improves the impact strength of finished products such as doors, pipes and others.
Based on Application, the global impact modifier market is segmented into PVC, Nylon, PBT, Engineering Plastics, and Others. Increase in globalization across under-developed nations is positively nurturing the growth of the overall market. The product comes with several beneficial characteristics such as weather resistant, anti-fire, easy to manufacture and optical & tensile characteristics.
In terms End-User, the global impact modifier market is segmented into Packaging, Construction, Consumer Goods, Automotive, and others. Among these, construction is leading the segment which is growing at highest rate due to infrastructure building across the developing nations.
In terms of geography, the Impact Modifier Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is dominating the impact modifier market due to acceptance of polymer products in emerging countries like China and India are driving the global Impact Modifier market.
The objective of the report is to present a comprehensive analysis of Global Impact Modifier Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Impact Modifier Market dynamics, structure by analyzing the market segments and project the Global Impact Modifier Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Impact Modifier Market make the report investor’s guide.
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Scope of Global Impact Modifier Market
Global Impact Modifier Market by Type
• EVA • NBR • AIM • ASA • ABS • MBS • EPDM • CPE • others
Global Impact Modifier Market by End-User Industry
• Packaging • Construction • Consumer Goods • Automotive • Others
Global Impact Modifier Market by Application
• PVC • Nylon • PBT • Engineering Plastics • Others
Global Impact Modifier Market by Geography
• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America
Key Players operating in Global Impact Modifier Market
• E.I. Du Pont De Nemours & Co • Clariant AG, BASF SE • The DOW Chemical Company • Evonik Industries AG • Lanxess AG • Kaneka Corporation • Akzo Nobel N.V. • Chemtura Corporation • Akdeniz Kimya San. Ve Tic. A.S. • Addivant, • LG Chem Ltd., • Arkema Group, • Mitsubishi Chemical Corporation • Shandong Rike Chemical Co.,Ltd • Mountaintop Polymer Co., Ltd • Guangzhou Wensu Additives Co., Ltd. • C – F Industries LLC • Americhem, Inc. • ChemCeed • Kenrich Petrochemicals, Inc. • Maroon, Incorporated • Plastic Service Centers Inc. • Wexford International Inc.
• Sukano Polymers Corp.
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