According to a new market report published by Lucintel, the future of the impact modifier coating market looks promising with opportunities in the packaging, construction, consumer goods, automotive, agriculture, and pharmaceutical industries. The global impact modifier coating market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are increasing PVC product demand, growing industrialization in emerging countries, and growth in automotive production.
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In this market, different types of impact modifier coating, such as ABS, AIM, ASA, MBS, EPDM, and CPE, are used in a wide range of industries. Lucintel forecasts that ABS (Acrylonitrile Butadiene Styrene) will remain the largest segment due to its high performance with molded and extruded plastics by imparting excellent toughness, durability, and impact resistance to products.
Within the impact modifier coating market, packaging will remain the largest end use industry during the forecast period due to increasing demand for packaging in the pharmaceutical and food industries.
Asia Pacific will remain the largest region over the forecast period due to increasing automotive production, increasing consumption of polymer products, and growing industrialization in developing countries.
Akdeniz Kimya San.Ve Tic. A.S., E.I. Du Pont De Nemours & Co., The DOW Chemical Company, Lanxess, Evonik Industries, Kaneka Corporation, Addivant, LG Chem, Arkema Group, and Mitsubishi Chemical are among the major impact modifier coating manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global impact modifier coating market by type, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Impact Modifier Coating Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global impact modifier coating market by type, application, end use industry, and region as follows:
By Type [Kilotons and $M shipment analysis for 2015 – 2026]:
ABS (Acrylonitrile Butadiene Styrene)
AIM (Acrylic Impact Modifiers)
ASA (Acrylonitrile Styrene Acrylate)
MBS (Methacrylate-Butadiene- Styrene)
EPDM (Ethylene Propylene Diene Monomer)
CPE (Chlorinated Polyethylene)
Others (Elvaloy, Non-reactive Modified Polyolefin, and Cross-linked Polyacrylate)
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
PVC (Polyvinyl Chloride)
Nylon
PBT (Polybutylene Terephthalate)
Engineering Plastics
Others (Resins and Glass)
By End Use Industry [Kilotons and $M shipment analysis for 2015 – 2026]:
Packaging
Construction
Consumer Goods
Automotive
Others (Agriculture, Pharmaceutical, Furniture, and Sports)
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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