San Francisco, 13 December 2018, Impact Modifier Market Size, Share &
Trends Analysis Report By Application (Nylon, PVC, PBT, Engineering Plastics),
By Product (AIM, ABS, MBS, CPE, EPDM, ASA), By End Use, And Segment Forecasts,
2018 - 2025
The global impact modifier market size is expected to reach
USD 5.11 billion by 2025, according to a new study by Grand View Research,
Inc., exhibiting a CAGR of 5.8% during the forecast period. Surging demand for
impact modifiers, particularly from the construction and automotive industries,
is estimated to provide a fillip to the market during the forecast period.
Impact modifiers find wide
application in packaging, consumer goods, automotive, construction, and other
industrial sectors. The packaging sector is the most prominent application
segment for impact modifiers. They are used for clear packaging applications
that offer an ideal balance between crease whitening resistance and clarity.
Rapid increase in the usage of plastic packaging in various end-use industries
such as industrial goods, personal care, food & beverage, and household
products is projected to fuel growth prospects.
PVC application will continue
to provide substantial growth opportunities for the impact modifier market over
the forecast period. Easy and low-cost availability is likely to boost the
demand for the product in PVC applications over the forecast period.
Engineering plastics will also be a promising application segment for the
product.
Rising demand from major
economies in Asia Pacific such as China and India in various end-use industries
is anticipated to help the market gain momentum over the forecast period.
However, volatility in raw material prices is posing a challenge to the growth
of the market at global level. Furthermore, slow economic recovery and increasing
environmental concerns are limiting the market from realizing its utmost
potential.
Access Full Research
Report On Impact Modifier Market Analysis:
www.grandviewresearch.com/industry-analysis/impact-modifiers-market
www.grandviewresearch.com/industry-analysis/impact-modifiers-market
Further key findings from the repot suggest:
·
Asia Pacific dominated the
overall impact modifier market in 2017. It is poised to post the highest CAGR
of 6.4% in terms of value during the forecast period. Increasing demand from
various end-use markets in the region, particularly in China and India, is
expected to drive the market
·
ABS is the largest product
segment in the market in terms of revenue in 2017. It is estimated to retain
its position through 2025
·
PVC accounted for the largest
application segment in 2017 on account of increasing applicability of PVC
products in various end-use markets
·
Packaging was estimated to be
the largest end-use segment in the market in 2017 owing to spiraling demand for
food and pharmaceutical packaging.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global impact modifier market on the basis of product, application, end-use,
and region:
Impact Modifier Products
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
AIM
·
ABS
·
MBS
·
CPE
·
EPDM
·
ASA
·
Others
Impact Modifier Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
PVC
·
Engineering Plastics
·
PBT
·
Nylon
·
Others
Impact Modifier End-Use Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Packaging
·
Construction
·
Consumer Goods
·
Automotive
·
Others
Impact Modifier Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
France
o
U.K.
o
Italy
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
·
Central & South America
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-impact-modifier-market
www.grandviewresearch.com/press-release/global-impact-modifier-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
