The new report titled ‘Global Impact Modifiers Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Impact Modifiers market outlook over the forecast duration (2020-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Impact Modifiers market.
The current COVID-19 pandemic is expected to have an effect on the growth of the Impact Modifiers industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Impact Modifiers sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Impact Modifiers industry.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Impact Modifiers market.
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Impact Modifiers market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
Competitive Terrain:
The Global Impact Modifiers Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
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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.
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.
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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 Outlook (Revenue, USD Million; 2018–2028)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
- North America
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