Zion Market Research, the market research group announced the analysis report titled “Impact Modifier Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024″
Global Impact Modifier Market: Overview
Impact modifiers are used to enhance the toughness and durability of the plastic resins, which are commonly added to compounded materials. Additionally, they improve other properties that include processability, tensile properties, flammability, weather ability, cost, and heat distortion. Acrylics, PVC resins, and methyl butadiene styrene are the key applications of the impact modifiers that improve the resistance of the PVC products without harming other properties. It offers additional toughness in the embrittlement condition that occurs at crack propagation, freezing temperatures, and notch-sensitivity. Impact modifiers are highly depended on the host polymer.
Request Free Sample Report @ https://www.zionmarketresearch.com/sample/impact-modifier-market
Global Impact Modifier Market: Growth Factors
The key factors that are driving the market demand for impact modifier are growing demand from the packaging and construction industries coupled with rapid industrialization which is positively impacting the global impact modifier market. Properties of the PVC such as abrasion resistance, good mechanical strength, lightweight, and toughness enable its usage across various end-use industries such as consumer goods, packaging, automotive, and construction, this is expected to foster the market growth. The demand for the methacrylate-butadiene-styrene is growing at a fast rate; as it enhances impact resistance, transparency, and weather resistance in epoxies, PC polyesters, PVC, and other formulations. It is cost effective, is required in less quantity, has high impact strength, and is environment-friendly in nature. This is expected to influence the impact modifier market in a positive way.
Global Impact Modifier Market: Segmentation
The impact modifier market is classified on the basis of application, end-user industry, and type. The application segment is categorized into nylon, engineering plastics, PVC, PBT, and others. PVC is the dominating segment in the global market owing to easy availability and low cost. Based on the end-user industry, the market is segregated into construction, automotive, packaging, consumer goods, and others. The type segment of the impact modifier market is bifurcated into MBS, ABS, CPE, AIM, EPDM, ASA, and others.
Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/impact-modifier-market
Global Impact Modifier Market: Regional Analysis
Geographically the impact modifier market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific grabs the largest market share for global impact modifiers market. Favorable growth in the consumer goods, packaging, automotive end-use industries in the region is anticipated to fuel the market growth. Technological advancements and the increasing use of impact modifier in the various end-use industries give rise to the market growth. China is the major consumer of the impact modifiers in Asia Pacific region, which is followed by India and Japan. South America and Europe are also focusing on improving their position in the impact modifier market.
Global Impact Modifier Market: Competitive Players
Companies involved in the global impact modifier market are Evonik Industries AG, Chemtura Corporation, The DOW Chemical Company, Kaneka Corporation, and Akzo Nobel N.V. Other influencing market players include Lanxess AG, BASF SE, E.I. Du Pont De Nemours & Co., Arkema, and Clariant AG.
Browse detail report @ https://www.zionmarketresearch.com/report/impact-modifier-market
Global Impact Modifier Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa
About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651