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Impact Modifiers Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Impact Modifiers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Impact Modifiers Market Size During the Forecast Period?
The market size of impact modifiers has seen significant growth in the past few years. The anticipated growth is from $4.61 billion in 2024 to $5.02 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The historical growth is due to several factors including the expansion of the polymer industry, an increase in material reinforcement, increased usage in the automotive sector, and a rise in demand for construction purposes.
The market size for impact modifiers is predicted to experience robust expansion in the coming years, reaching a valuation of $7.26 billion by 2029, fueled by a compound annual growth rate (CAGR) of 9.7%. The expected growth within this timeline can be credited to factors such as enhanced sustainability and recycling efforts, burgeoning infrastructure development, growth in the healthcare and medical devices sector, policy changes, and the upward trend in electric and autonomous vehicles. Key trends predicted for the forecast period encompass the use of bio-based impact modifiers, their elevated usage in plastics, integration with nanotechnology, modification of engineering plastics, and the use of high-performance modifiers.
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What Are the High-Growth Segments in the Impact Modifiers Market?
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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What Key Drivers Are Expected to Influence Future Impact Modifiers Market Growth?
The surge in demand within the construction industry for impact modifiers is predicted to fuel the expansion of the impact modifiers market. The growing application of engineering plastics and PVC - encompassing pipes, fittings, wires, cables, rigid sheets, panels, and bottles - in this industry, is bolstering the demand for impact modifiers. For instance, the UK's Office for National Statistics revealed in November 2022 that construction output, in volume terms, saw a 0.4% rise in August 2022. This was the second successive increase, following July 2022's upward revision to 0.1%. In terms of levels, August 2022 claimed the second-highest monthly position, hitting £5,011 million, with May 2022 maintaining the top spot. As such, this boom in construction projects has amplified the demand for the impact modifier market.
Which Companies Hold the Largest Share Across Different Impact Modifiers Market Segments?
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.
What Trends Are Driving Growth in The Impact Modifiers Market?
Leading corporations active in the impact modifiers market are creating products with enhanced capabilities like Polyphenylene Sulfide (PPS), renowned for its outstanding chemical resistance and heat stability. This improves the efficacy and longevity of various materials in demanding applications. Polyphenylene Sulfide (PPS) is a high-grade thermoplastic polymer recognized for exceptional resistance to chemicals, heat stability, and mechanical properties. For example, in March 2023, SK Functional Polymer, a plastic resin manufacturer based in France, introduced Lotader AX impact modifiers such as Lotader AX8750 and AX8930. These are reactive terpolymers enhancing the processability and impact resistance of Polyphenylene Sulfide (PPS) compounds. Lotader AX8750 is made up of ethylene, butyl acrylate, and glycidyl methacrylate, whereas Lotader AX8930 is designed to sustain fluidity and offer high impact resistance.
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What Are the Emerging Geographies for The Impact Modifiers Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Impact Modifiers Market?
2. What is the CAGR expected in the Impact Modifiers Market?
3. What Are the Key Innovations Transforming the Impact Modifiers Industry?
4. Which Region Is Leading the Impact Modifiers Market?
Why This Report Matters:
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