Published on : Feb 01, 2019
Albany, New York, February 1, 2019: Widespread end-user applications such as automotive, packaging and building and construction verticals are likely to propel demand traction in impact modifier market. Burgeoning industrial progress in emerging economies such as Asia-Pacific region is expected to further reinforce growth. However, onset of other sustainable substitutes that pose minimal environmental hazards is likely to impair growth over the years.
These aforementioned insights are in line with Market Research Hub's (MRH) recent report offering titled, 'Impact Modifier Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028' included in its fast expanding online data archive.
Owing to its characteristic properties such as resistance to heat, weather resistance, high tensile capabilities, and durability, impact modifiers are extensively used for improved PVC resins which are integral for packaging industry besides being massively adopted in other aforementioned industries.
Product Premiumization Remains Crucial in Mature Markets such as North America to Entice Adoption
In the light of surged demands for impact modifiers used in PVC products such as automotive parts, IT hardware, and other light weight construction, manufacturers in impact modifier market are aimed at enhancing their production capabilities with the aid of sophisticated technologies and machinery equipment. Due to limited production capacities in emerging economies such as Asia-Pacific region, the pricing for impact modifier tends to remain on the higher side which is attributed to dent growth significantly. Manufacturers therefore are integrating resources to upgrade their facilities and production techniques to offset core limitations such as price escalation.
Additionally, manufacturers operating in mature markets such as Europe and North America are aimed at offering better grades of impact modifiers, thereby banking reasonably on product premiumization to produce sophisticated impact modifiers that showcase higher impact resistance qualities besides being extensively weather resistant and durable.
This elaborate research report on impact modifier market assesses the market on the basis of both historical and current status to arrive at accurate forecast estimations. The report is aimed to offer report readers with ample competitive advantage thereby allowing them to deliver lucrative business deals and investment decisions. The report is categorized into systematic chapters commencing with a thorough overview, followed by market definition and dynamics such as drivers, restraints, threats, and challenges that shape growth in impact modifier market. Further in the course of the report readers are also presented with an elaborate description of segmentation based on which impact modifier market is splintered by product type, application, and end-use. By product type, the market is categorized into ABS, EPDM, MBS, ASA, AIM, and CPE impact modifiers. In terms of applications the market is classified into PVC, nylon, PBT, engineering plastic amongst others. Packaging, construction, automotive, and consumer goods.
In terms of demand distribution across regions impact modifier market is systematically demarcated into Eastern and Western Europe, North and Latin America, China, Japan, Southeast Asia, and Asia-Pacific.
Competition Deep-Dive: Impact Modifier Market
Thorough research postulates enumerated in the report allow readers to identify leading players in impact modifier market. Each of the profiled companies has been thoroughly assessed on core industrial parameters. A SWOT analysis of all the profiles has also been carried out to aid readers’ understanding. Some of the leading vendors in impact modifier market comprise Arkema S.A., E. I. du Pont de Nemours and Company, and Clariant AG amongst others.
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