Leading Element Driving Change in the Impact Modifiers Market in 2025: Increased Construction Activities Drive Demand For Impact Modifiers Market Driver

What combination of drivers is leading to accelerated growth in the impact modifiers market?
The surge in the necessity for impact modifiers in the construction sector is anticipated to catapult the growth of the impact modifiers market. The escalation in the application of engineering plastics and PVC in products like pipes, fittings, wires, cables, rigid sheets, panels, and bottles used within the construction industry, attributes to the impact modifiers market growth. In November 2022, the Office for National Statistics, a statistics authority based in the UK, revealed that the construction output in volume terms observed a 0.4% hike in August 2022, marking the second successive rise post the upwardly adjusted 0.1% rise in July 2022. In level terms, August 2022 was the second most significant monthly value (El 5,011 million), trailing behind May 2022 which remains at the zenith. Consequently, the sharpened uptick in construction activities has fueled the demand for the impact modifier market.

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What is the projected compound annual growth rate (CAGR) of the impact modifiers market from 2025 to 2034, and what factors influence it?
The market for impact modifiers has seen considerable growth in past few years. It is projected to escalate from a worth of $4.61 billion in 2024 to $5.02 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The substantial growth during the historical phase can be credited to the progression in the polymer industry, augmentation in material reinforcement, growth in automotive applications, as well as an escalating demand in the construction sector.

The market scale of impact modifiers is anticipated to experience considerable expansion in the upcoming years, growing to $7.26 billion by 2029, at a compound annual growth rate (CAGR) of 9.7%. This growth over the forecast period can be ascribed to factors like the growing preferences for sustainability and recycling, escalated infrastructure development, increasing necessities for healthcare and medical devices, and regulatory changes. Moreover, the increased emphasis on electric and autonomous vehicles also fuel this growth. Noteworthy trends over the forecast period encompass the increased adoption of bio-based impact modifiers, their heightened usage in plastics, integration with nanotechnology, modifications using engineering plastics, and the development of high-performance modifiers.

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How are the latest trends influencing the growth of the impact modifiers market?
Leading corporations involved in the impact modifiers sector are introducing cutting-edge products like Polyphenylene Sulfide (PPS), which contribute to superior chemical immunity and temperature stability, thereby amplifying the functionality and life span of multiple materials in strenuous applications. Polyphenylene Sulfide (PPS) is a thermoplastic polymer of exceptional performance, renowned for its remarkable chemical resistance, thermal balance and mechanical features. In an illustration, SK Functional Polymer, a company based in France that manufactures plastic resin, introduced the Lotader AX impact modifiers including Lotader AX8750 and AX8930 in March 2023. Lotader AX8750 and AX8930 impact modifiers are reactive terpolymers that enhance both the processability and the impact resistance of Polyphenylene Sulfide (PPS) compounds. Lotader AX8750 consists of ethylene, butyl acrylate, and glycidyl methacrylate, while Lotader AX8930 is engineered to preserve fluidity whilst ensuring a significant impact resistance.

What are the major segments of the impact modifiers market and their role in driving growth?
The impact modifiers market covered in this report is segmented -

1) By Type: AIM, ABS, MBS, CPE, EPDM, ASA, Other Types
2) By Application: PVC, Engineering Plastics, PBT, Nylon, Other Applications
3) By End-User: Packaging, Construction, Consumer Goods, Automotive, Other End-Users

Subsegments:
1) By AIM (Acrylic Impact Modifiers): Liquid AIM, Solid AIM
2) By ABS (Acrylonitrile Butadiene Styrene): High-Impact ABS, Low-Impact ABS
3) By MBS (Methyl Methacrylate Butadiene Styrene): MBS Powder, MBS Resin
4) By CPE (Chlorinated Polyethylene): High-Density CPE, Low-Density CPE
5) By EPDM (Ethylene Propylene Diene Monomer): EPDM Rubber, EPDM Grafted Copolymers
6) By ASA (Acrylonitrile Styrene Acrylate): ASA Resin, ASA Blends
7) By Other Types: TPU (Thermoplastic Polyurethane), PA (Polyamide) Modifiers, Other Specialty Impact Modifiers

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Which regions are key players in the growth of the impact modifiers market?
Asia-Pacific was the largest region in the impact modifiers market in 2024. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the impact modifiers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the impact modifiers market?
Major companies operating in the impact modifiers market include Evonik Industries AG, E.I. du Pont de Nemours and Company, Addivant USA LLC, Kaneka Corporation, Arkema S.A., Mitsubishi Chemical Corporation, LG Chem Ltd., Mitsui Chemicals Inc., SI Group Inc., Novista Group Co. Ltd., Indofil Industries Limited, Akzo Nobel N.V., Chemtura Corporation, Akdeniz Kimya Sanayi ve Ticaret A.S., The Dow Chemical Company, Chemson Group, DuPont de Nemours Inc., Ruifeng Chemical Industry Co. Ltd., Clariant AG, BASF SE, LANXESS AG, Saudi Basic Industries Corporation, Eastman Chemical Company, The Lubrizol Corporation, Croda International Plc, Wacker Chemie AG, Momentive Performance Materials Holdings LLC, Solvay SA, Sumitomo Chemical Co. Ltd., Tosoh Corporation, Asahi Kasei Corporation, Kuraray Co. Ltd.

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What Is Covered In The Impact Modifiers Global Market Report?

•Market Size Forecast: Examine the impact modifiers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the impact modifiers market for a structured understanding.
•Key Players Overview: Analyze major players in the impact modifiers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the impact modifiers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the impact modifiers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the impact modifiers market.
•Industry Challenges: Identify potential risks and obstacles affecting the impact modifiers market.
•Competitive Landscape: Review strategic developments in the impact modifiers market, including expansions, agreements, and new product launches.

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