impact modifier market size, share, growth & forecast 2025

GLOBAL IMPACT MODIFIER MARKET

FORECAST & OPPORTUNITIES

2015 – 2025

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

2

Scope of ReportProduct of Interest (POI): Impact Modifier

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2025

Year Range

REGION

• North America

• Europe

• Middle East & Africa

• Asia-Pacific

• South America

The global impact modifier market is expected to witness significant growth during the forecast periodowing to the growing construction, automotive, packaging and consumer goods sectors coupled withrising technological advancements. Additionally, the growing demand for impact modifiers in theemerging regions is further expected to propel the market during forecast period. Based on hostpolymer, market can be segregated into PVC, engineering plastics, polyester, epoxy and others.

Market Segmentation

GLOBAL IMPACT MODIFIER MARKET

END USER

• Construction

• Packaging

• Automotive

• Consumer Goods

• Others

TYPE

• CPE

• ABS

• MBS

• Acrylic

• EPDM

• Others

HOST POLYMER

• PVC

• PMMA

• Polyolefins

• Polyester

• Polyamide

• Others

3

Host Polymer and By Type Matrix

By Host Polymer PVC PMMA Polyester PC, PBT & Alloys

By Type

CPE (Chlorinated Polyethylene) √

MBS √ √ √

Acrylic (AIM -Acrylic Impact Modifiers)

√ √ √

Butadiene √

Others (EPDM, ASA (Acrylonitrile Styrene Acrylate), SBS, etc.)

√√

4

Table of Contents

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product Awareness

4.2. Product Pricing

4.3. Challenges & Unmet Needs

5. Global Impact Modifier Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Type (ABS, CPE, MBS, Acrylic, EPDM, Others)

5.2.2. By Host Polymer (PVC, PMMA, Polyolefin, Polyester, Polyamide, PC, ABS, Others)

5.2.3. By End User (Construction, Packaging, Automotive, Consumer Goods, Others)

5.2.5.By Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa)

5.3. Market Attractiveness Index

5

Table of Contents


6. Asia-Pacific Impact Modifier Market Outlook




6.2.1. By Type

6.2.2. By Host Polymer

6.2.3. By End User

6.2.4. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Impact Modifier Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value & Volume

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Host Polymer

6.3.1.2.3. By End User

6.3.2. India Impact Modifier Market Outlook



6

Table of Contents



6.3.2.2.1. By Type



6.3.3. Japan Impact Modifier Market Outlook




6.3.3.2.1. By Type



6.3.4. South Korea Impact Modifier Market Outlook




6.3.4.2.1. By Type



7

Table of Contents


6.3.5. Australia Impact Modifier Market Outlook




6.3.5.2.1. By Type



7. Europe Impact Modifier Market Outlook




7.2.1. By Type


7.2.3. By End User

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. France Impact Modifier Market Outlook



8

Table of Contents



7.3.1.2.1. By Type



7.3.2. Germany Impact Modifier Market Outlook




7.3.2.2.1. By Type



7.3.3. United Kingdom Impact Modifier Market Outlook




7.3.3.2.1. By Type



9

Table of Contents


7.3.4. Italy Impact Modifier Market Outlook




7.3.4.2.1. By Type



7.3.5. Spain Impact Modifier Market Outlook




7.3.5.2.1. By Type



8. North America Impact Modifier Market Outlook




8.2.1. By Type


8.2.3. By End User

8.2.4. By Country

10

Table of Contents


8.3. North America: Country Analysis

8.3.1. United States Impact Modifier Market Outlook




8.3.1.2.1. By Type



8.3.2. Mexico Impact Modifier Market Outlook




8.3.2.2.1. By Type



8.3.3. Canada Impact Modifier Market Outlook




8.3.3.2.1. By Type

11

Table of Contents




9. South America Impact Modifier Market Outlook




9.2.1. By Type


9.2.3. By End User

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Impact Modifier Market Outlook


9.3.1.1.1 By Value & Volume


9.3.1.2.1. By Type



9.3.2. Argentina Impact Modifier Market Outlook

12

Table of Contents



9.3.2.1.1 By Value & volume


9.3.2.2.1. By Type



9.3.3. Colombia Impact Modifier Market Outlook


9.3.3.1.1 By Value & Volume


9.3.3.2.1. By Type



10. Middle East & Africa Impact Modifier Market Outlook




10.2.1. By Type


10.2.3. By End User

10.2.4. By Country

13

Table of Contents


10.3. Middle East & Africa : Country Analysis

10.3.1. South Africa Impact Modifier Market Outlook




10.3.1.2.1. By Type


10.3.1.2.3. By End User

10.3.2. Saudi Arabia Impact Modifier Market Outlook




10.3.2.2.1. By Type


10.3.2.2.3. By End User

10.3.3. UAE Impact Modifier Market Outlook




10.3.3.2.1. By Type

14

Table of Contents



10.3.2.2.3. By End User

17. Market Dynamics

17.1. Drivers

17.2. Challenges

18. Market Trends & Developments

19. Impact of COVID-19 on Global Impact Modifier Market

20. Competitive Landscape

21. Strategic Recommendations

22. About Us & Disclaimer

RESEARCH METHODOLOGY

16

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global impact modifiermarket, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global impact modifier

market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

17


Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global impact modifier market. The team has analyzed the

outlook of various segments of this market, while considering the major influencing factors such as the growing construction, automotive, packaging

and consumer goods sectors coupled with growing technological advancements. The study includes market forecasting, which would enable our clients

to take better decisions while planning their strategy to achieve sustainability in the global impact modifier market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value & Volume : Market size, in terms of value & volume, for the year 2019 was calculated based on information collected

through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as impact modifier companies,

channel partners, market influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 impact modifier companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain

stakeholders in the global impact modifier market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique.

Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019.

18


• Respondents were asked about the current and future market growth rates, market shares by type, by host polymer, end user, by region, and by

company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various

segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from

other stakeholders.

Methodology Followed for Calculation of Market Shares:

Market shares by type, by host polymer, by end user, by region and by company were calculated based on the responses received through primary

surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of impact

modifier markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating

the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global impact

modifier market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

19


TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that

the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),

with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

• Arkema Inc.

• Akzo Nobel N.V.

• Mitsubishi Chemical Corporation

• Formosa Plastics Corporation

• Shandong Ruifeng Chemical Co., Ltd.

• Xiamen Coace Plastic Technology Co., Ltd

• Shandong Donglin New Material Co., Ltd

• Kaneka Corporation

• The Dow Chemical Company

• LG Chemical Ltd.

• Weihai Jinhass Chemical Co., Ltd

• Zibo Huaxing Additives Co., Ltd

• Dupont De Nemours, Inc

• Chemtura Corporation

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

20

Industry Brief

According to TechSci Research report, “Global Impact Modifier Market By Type, By Host Polymer, By End User,

By Region, Competition, Forecast & Opportunities, 2025”, the global impact modifier market is forecast to surpass

$ 1.5 billion by 2025, driven by the rising demand from end user industries including construction, automotive,

packaging and consumer goods. In 2020, consumption of impact modifiers is expected to significantly decline on

account of declining demand from various end-use sectors due to the impact of COVID-19 pandemic. All the major

end user sectors are being hit in an unprecedented way by the spread of COVID-19, thus resulting in decline in

demand for impact modifiers.

The global impact modifier market is segmented based on type of impact modifier, host polymer, end user, and

region. In terms of different types of impact modifiers, Acrylic (AIM - Acrylic Impact Modifiers) are forecast to

continue their market dominance, followed by CPE (Chlorinated Polyethylene), ABS (Acrylonitrile Butadiene

Styrene), MBS (Methacrylate-Butadiene- Styrene) and EPDM (Ethylene Propylene Diene Monomer). Based on

end user segmentation, the market can be fragmented into construction, automotive, packaging, consumer goods

and others. The construction segment is expected to continue its dominance in the global impact modifier market,

followed by automotive, packaging and consumer goods end use segments. Among all the host polymer

segments, PVC and PMMA dominate the market, and this trend is expected to continue during the forecast period.

Asia Pacific is expected to continue its dominance in the global impact modifier market through 2025. Major

players operating in the global impact modifier market are Arkema Inc., Akzo Nobel N.V, The Dow Chemical

Company, Dupont De Nemours, Inc, Formosa Plastics Corporation, Chemtura Corporation, Kaneka Corporation,

LG Chemical Ltd., Mitsubishi Chemical Corporation, Shandong Rulfeng Chemical Co., Ltd and others.

“Asia Pacific is expected to dominate the impact modifier market during the forecast period, owing to consistent

growth in end user industries across the region. Additionally, China is and will remain among the largest suppliers

of impact modifiers. Furthermore, the key manufacturers operating in the market are focusing on expanding their

business in the region, which is expected to positively impact the market over the next five years.” said Mr. KaranChechi, Research Director with TechSci Research, a research based global management consulting firm.

21

Sample Data - Snapshot

Global Impact Modifier Market Size, By Value (USD Million) & Volume (Thousand Tonnes), 2015–2025F

5.006.00

7.008.00

9.0010.00

11.0012.00

13.0014.00

15.00

10.0020.00

30.0040.00

50.0060.00

70.0080.00

90.00100.00

110.00

2015 2019 2020E 2025F

By Value (USD Million)

By Volume (Thousand Tonnes)

CAGR By Value & VolumeCAGR By Value & Volume

YY%XX%

Europe Impact Modifier Market Share, By Type, By Value, 2015–2025F

15%15%15%15%15%15%15%15%15%15%15%

15%15%15%15%15%15%15%15%15%15%15%

15%15%15%15%15%15%15%15%15%15%15%

15%15%15%15%15%15%15%15%15%15%15%

15%15%15%15%15%15%15%15%15%15%15%

25%25%25%25%25%25%25%25%25%25%25%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

CPE ABS MBS Acrylic EPDM Others

Germany Impact Modifier Market Share, By Host Polymer, By Value, 2015–2025F

16%16%16%16%16%16%16%16%16%16%16%

16%16%16%16%16%16%16%16%16%16%16%

16%16%16%16%16%16%16%16%16%16%16%

16%16%16%16%16%16%16%16%16%16%16%

16%16%16%16%16%16%16%16%16%16%16%

20%20%20%20%20%20%20%20%20%20%20%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

PVC PMMA Polyolefin Polyester Polyamide PC

22

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Report Name: GLOBAL IMPACT MODIFIER MARKET

FORECAST & OPPORTUNITIES

2015 – 2025

https://www.techsciresearch.com/report/impact-modifier-market/2876.html

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the

market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or

complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand.

However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results

obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together

with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal

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