Mbs Impact Modifiers Market Is Booming Worldwide

By Author: Dittya
Total Articles: 16
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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.

In addition, the study on the impact modifiers market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic ...
... images, which can be easily incorporated into any business presentation.

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Key Highlights From 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.

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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
Europe
Asia Pacific
Latin America
MEA

Table of Content
Chapter 1. Methodology & Sources
1.1. Impact Modifiers Market Definition
1.2. Impact Modifiers Market Research Scope
1.3. Impact Modifiers Market Methodology
1.4. Impact Modifiers Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Impact Modifiers Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Impact Modifiers Market Segmentation & Impact Analysis
Continued…