Impact Modifier Market to Witness Recovery in 2021
According
to TechSci Research report, “Global Impact Modifier
Market By Type, By Host Polymer, By End User, By Region, Competition, Forecast
& Opportunities, 2025”, the global impact modifier market is forecast to surpass $
1.5 billion by 2025, driven by the rising demand from end user industries
including construction, automotive, packaging and consumer goods. In 2020,
consumption of impact modifiers is expected to significantly decline on account
of declining demand from various end-use sectors due to the impact of COVID-19
pandemic. All the major end user sectors are being hit in an unprecedented way by
the spread of COVID-19, thus resulting in decline in demand for impact
modifiers.
Browse
117 market data Figures spread through 115
Pages and an in-depth TOC on "Global Impact Modifier Market "
https://www.techsciresearch.com/report/impact-modifier-market/2876.html
The
global impact modifier market is segmented based on type of impact modifier,
host polymer, end user, and region. In terms of different types of impact
modifiers, Acrylic (AIM - Acrylic Impact Modifiers) are forecast to continue
their market dominance, followed by CPE (Chlorinated
Polyethylene), ABS (Acrylonitrile Butadiene Styrene), MBS
(Methacrylate-Butadiene- Styrene) and EPDM (Ethylene Propylene Diene Monomer).
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 dominate the market, and this trend
is expected to continue during the forecast period.
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.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2876
Customers can also request for 10% free
customization on this report.
“Asia Pacific is
expected to dominate the impact modifier market during the forecast period,
owing to consistent growth in end user industries across the region. Additionally,
China is and will remain among the largest suppliers of impact modifiers. Furthermore,
the key manufacturers operating in the market are focusing on expanding their
business in the region, which is expected to positively impact the market over
the next five years.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Impact Modifier
Market By Type, By Host Polymer, By End User, By Region, Competition, Forecast
& Opportunities, 2025” has evaluated the future growth potential of global
impact modifier market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global impact
modifier market.Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]