Impact Modifiers Market to See Huge Growth by 2027

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.

The latest report is touted as the first study covering the current Impact Modifiers market situation gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the drastic impact of the pandemic on the global economy. The coronavirus outbreak has beleaguered the Impact Modifiers business landscape, thereby impeding various manufacturers’ and buyers’ developmental scope in this sector. The report discusses the pandemic’s impact on the existing market scenario, accompanied by speculations about the Impact Modifiers market in the post-COVID-19 scenario.

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The report concludes with a panoramic view of the global Impact Modifiers industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts. It thoroughly examines the market size, share, and volume existing throughout the historical years (2018-2019) in order to forecast the same for the projected years (2020-2027). Furthermore, the report studies a wide array of growth prospects and threats and challenges that are poised to influence the performance of the key market players in the near future.

Market Segmentation by Key Player:

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

Detailed Analysis of the Regions of the Impact Modifiers Market Include Regions such as:

1. North America(U.S., Mexico, and Canada)

2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)

3. Europe(U.K., Germany, France, and Rest of Europe)

4. Latin America(Brazil and Rest of Latin America)

5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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The report further offers an in-depth analysis of the growth opportunities, challenges, market threats, drivers, restraining factors, limitations, growth prospects, and other key elements. Additionally, the report provides comprehensive coverage of the competitive landscape, industrial scenario, and current and emerging technological advancements in the business sphere to assist the investors and businesses in capitalizing on the existing and emerging growth opportunities.

Key Features of the Report:

• Comprehensive assessment of the COVID-19 impact on the growth of the Impact Modifiers market

• Strategic recommendations to the key players and new entrants

• Value chain analysis and pricing analysis of the Impact Modifiers market

• Country-wise and region wise assessment of the market growth and market size

• Growth forecast and revenue estimation of the Impact Modifiers market

• Detailed assessment of key market drivers, restraints, growth prospects, and limitations

• 8-year forecast of the global Impact Modifiers market

Highlights of the Table of Contents:

1. Report Overview 1.1 Research Scope 1.2 Key Impact Modifiers market segments 1.3 Major players 1.4 Market analysis by product type 1.5 Market analysis by application 1.6 Report timeline

2. Global Growth Trends 2.1 Global Impact Modifiers market size 2.2 Latest trends of the Impact Modifiers market by region 2.3 Key growth trends

3. Competitive Outlook 3.1 Global Impact Modifiers market key players 3.2 Global Impact Modifiers size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Impact Modifiers market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances

4. Impact Modifiers Market by product type

4.1 Global Impact Modifiers Sales by Product

4.2 Global Impact Modifiers by Product Revenue

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