Title: Impact Modifier Market - Forecast(2021 - 2026)
1Impact Modifier MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Impact Modifier market size is forecast to reach
US5.3 billion by 2026, after growing at a CAGR
of 5.4 during 2021-2026. - Impact Modifiers are a set of additives like
Acrylonitrile Styrene Acrylate, that is used to
enhance the impact strength and flexibility of an
object. - Impact modifiers are also added to plastic resins
for increasing strength and elasticity in
nature. The usage of Chlorinated Polyethylene and
Non-reactive Modified Polyolefin in industrial
and construction sectors is growing and boosting
the demand for Impact Modifiers in the forecast
period.
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- Key Takeaways
- Asia-Pacific dominates the Impact Modifier
market, owing to the increasing electrical
electronics industry in the region. According to
Invest India, the domestic electronics market in
India to attain US400 billion and by 2025. - The growing trend of lightweight vehicles is
expected to boost the manufacturing sector in
China and banning the import of scrap plastics
helps the growth of consumer electronics in turn
helps the Impact Modifiers Market growth. - The rapid adoption of Acrylonitrile Butadiene
Styrene (ABS) products in the construction
industry are supporting the market growth.
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By Distribution Channel- Segment Analysis The
PVC segment accounted for approximately 55 of
the market share in 2020 and is estimated to grow
at a significant CAGR during the forecast period.
Impact Modifiers are added to different polymers
like Acrylonitrile Butadiene Styrene,
Acrylonitrile Styrene Acrylate to improve the
durability and toughness of PVC. It is highly
demanded in many end-use industries like
Packaging, automobile, healthcare, construction.
PVC is widely used in flooring, windows, doors,
pipes, roofing, blood bags, tubing, wire, and
cable insulation due to its low cost, higher
durability and gives safety to construction
material.
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- Impact Modifier Market Industry Outlook
- Evonik Industries
- E.I. Du Pont De Nemours Co.
- Addivant, Kaneka Corporation
- Arkema S.A.
- Mitsubishi Chemical Corporation
- LG Chem.
- Mitsui Chemicals Inc.
- SI Group Inc.
- Novista Group
- Indofil Industries Limited
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Impact Modifier Market - Forecast(2021 -
2026) Learn More About the Report _at_
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odifier-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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