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Market Research Report
Product code
933906
Global Impact Modifier Market, By Type (ABS, CPE, MBS, Acrylic, EPDM, Others), Host Polymer (PVC, PMMA, Polyolefin, Polyester, Polyamide, Others), End User (Construction, Packaging, Others), Region, Competition, Forecast & Opportunities, 2025 |
Global Impact Modifier Market, By Type (ABS, CPE, MBS, Acrylic, EPDM, Others), Host Polymer (PVC, PMMA, Polyolefin, Polyester, Polyamide, Others), End User (Construction, Packaging, Others), Region, Competition, Forecast & Opportunities, 2025 |
Published: May 1, 2020
TechSci Research
Content info: 115 Pages
Delivery time: 2-3 business days
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Global impact modifier market is projected to reach $ 1.5 billion by 2025, driven by the rising demand from end user industries including construction, automotive, packaging and consumer goods. However, demand for impact modifiers is expected to fall by over 30% owing to anticipated decline in various end-use sectors due to the impact of COVID-19 pandemic across the globe. Construction and automotive sector are being majorly hit by the spread of COVID-19, thus resulting in decline in demand for impact modifiers. Moreover, economic slowdown across the globe and decline in investments in new construction projects has drastically fallen, thus impacting the consumption of impact modifiers.
The global impact modifier market is segmented based on type of impact modifier, host polymer, end user, and region. Based on end user segmentation, the market can be fragmented into construction, automotive, packaging, consumer goods and others. The construction segment is expected to continue its dominance in the global impact modifier market, followed by automotive, packaging and consumer goods end use segments. Among all the host polymer segments, PVC and PMMA are expected to dominate the market, accounting for a cumulative market share of more than 60% of the impact modifier market through 2025.
Asia Pacific is expected to continue its dominance in the global impact modifier market through 2025. Major players operating in the global impact modifier market are Arkema Inc., Akzo Nobel N.V, The Dow Chemical Company, Dupont De Nemours, Inc, Formosa Plastics Corporation, Chemtura Corporation, Kaneka Corporation, LG Chemical Ltd., Mitsubishi Chemical Corporation, Shandong Rulfeng Chemical Co., Ltd and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of impact modifier players operating across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the market players which could not be identified due to the limitations of secondary research. TechSci Research analyzed the distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global impact modifier market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as impact modifier manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global impact modifier market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
ABS
CPE
MBS
Acrylic
EPDM
Others
PVC
PMMA
Polyolefin
Polyester
Polyamide
Others
Construction
Packaging
Automotive
Consumer Goods
Others
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Company Profiles: Detailed analysis of the major companies present in global impact modifier market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: