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The global impact modifiers market was valued at USD 2.14 Billion in 2016 and is projected to reach USD 2.73 Billion by 2021, at a CAGR of 5.0% from 2016 to 2021. Rapid industrialization in the developing countries and the increased demand of impact modifiers in the construction and packaging industries, is expected to drive the market for impact modifiers.
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Impact Modifier Market worth 2.73 Billion USD by 2021 The report "Impact Modifier Market by Type (ABS, AIM, ASA, MBS, EPDM, CPE, Others), Application (PVC, Nylon, PBT, Engineering Plastics, Others), End-Use Industry, & by Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2021", The global impact modifiers market was valued at USD 2.14 Billion in 2016 and is projected to reach USD 2.73 Billion by 2021, at a CAGR of 5.0% from 2016 to 2021. Rapid industrialization in the developing countries and the increased demand of impact modifiers in the construction and packaging industries, is expected to drive the market for impact modifiers. View Full Report : https://www.marketsandmarkets.com/Market-Reports/impact-modifier-market-58674504.html
Introduction The significant applications of impact modifiers are packaging, construction, automotive, consumer goods, and others. The growth in these industries will consequently drive the growth of the impact modifiers market. The competitiveness in the impact modifiers market has been intensified, with the increasing number of capacity expansions, business expansions, and collaborations. Factors such as increasing applicability of impact modifiers across varied end-use industries, technological advancements, and the growing demand of impact modifiers in the emerging regions are driving the growth of the impact modifiers market. View Full Report : https://www.marketsandmarkets.com/Market-Reports/impact-modifier-market-58674504.html
Key Participants The global impact modifiers market is fragmented with several well-established players and few small players. Established players in this market have an edge over small players in terms of product offerings, innovations, and distribution network. Some of the key players operating in the impact modifiers market include E.I. du Pont de Nemours & Co. (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), and Clariant AG (Switzerland), among others. New product developments & launches, agreements, and expansions were significant growth strategies adopted by leading companies in this market. Speak with Analyst View Full Report : https://www.marketsandmarkets.com/Market-Reports/impact-modifier-market-58674504.html
On The Basis Of Region: Asia-Pacific accounted for the largest market share in the global impact modifiers market in 2015. China was the largest market for impact modifiers in Asia-Pacific, followed by Japan and India. Manufacturers based in Europe and South America are strategically focusing on tapping the key growth markets in the Asia-Pacific region. The growth of the packaging, consumer goods, and automotive end-use industries in Asia-Pacific is expected to drive the growth of the impact modifiers market. Download PDF View Full Report : https://www.marketsandmarkets.com/Market-Reports/impact-modifier-market-58674504.html
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