Title: Impact Modifier Market - Forecast(2021 - 2026)
1Impact Modifier Market - Forecast(2021 -
2026)Market 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. - 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. The growing demand from the plastic
industry along with the increase in usage of
plastic in end-use industries like automobile,
construction building, consumer goods, and
packaging is also driving the market of impact
modifiers.
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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.
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- By Distribution Channel- Segment Analysis
- The Methacrylate-Butadiene- Styrene (MBS) segment
held the largest share in the Impact Modifier
market in 2020 and is growing at a CAGR of 5.5
during 2021-2026. 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. The Packaging segments
accounted for approximately 35 of the market
share in 2020 and are estimated to grow at a
significant CAGR during the forecast period.
Asia-Pacific region held the largest share in the
Impact Modifier market in 2020.
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- Impact Modifier Market
- Industry Outlook
- Evonik IndustriesE.I. Du Pont De Nemours Co.
- Addivant, Kaneka CorporationArkema
S.A.Mitsubishi Chemical Corporation - LG Chem.Mitsui Chemicals Inc.
- SI Group Inc.Novista Group
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odifier-market.html
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