Impact Modifiers Market 2023 - Growth, Trends, Market Size, Share, Analysis Report Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the impact modifiers market report by The Business Research Company, the increase in demand for impact modifiers in the construction industry is expected to drive the growth of the impact modifiers market. The growth in the usage of engineering plastics, PVC such as pipes and fittings, wires and cables, rigid sheets and panels, and bottles that are used in the construction industry is contributing to the growth of impact modifiers.

The global impact modifiers market size grew from $3.89 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The impact modifiers market size is expected to grow to $5.74 billion in 2027 at a CAGR of 7.6%.

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https://www.thebusinessresearchcompany.com/report/impact-modifiers-global-market-report

Major competitors in the impact modifiers market include 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, Akzo Nobel N.V., and Chemtura Corporation.

The impact modifiers market is segmented -
● By Type: AIM, ABS, MBS, CPE, EPDM, ASA, Other Types

● By End-User: Packaging, Construction, Consumer Goods, Automotive, Other End-Users

● By Application: PVC, Engineering Plastics, PBT, Nylon, Other Applications

● By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the impact modifiers market.

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The impact modifiers manufacture impact modifiers for polyvinyl chloride (PVC), engineering plastics, and epoxy resins. Impact modifiers are the key additives for increasing flexibility, improving durability, and meeting the physical property requirements of rigid parts. They are added to compounded materials to improve the durability and toughness of plastic resins.

The Table Of Content For The Impact Modifiers Market Include:
1. Executive Summary
2. Impact Modifiers Market Characteristics
3. Impact Modifiers Market Trends And Strategies
4. Impact Modifiers Market - Macro Economic Scenario
5. Impact Modifiers Market Size And Growth
6. Impact Modifiers Market Segmentation
……..
26. Africa Impact Modifiers Market
27. Impact Modifiers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Impact Modifiers Market
29. Impact Modifiers Market Future Outlook and Potential Analysis
30. Appendix

The "Global Impact Modifiers Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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