Increased demand of impact modifiers in the construction and packaging industries, is expected to drive the impact modifiers market
The global impact modifiers market size in 2020 is estimated at USD 3.9 billion and is projected to reach USD 5.0 billion by 2025, at a CAGR of 5.3% from 2020 to 2025. The growth of this market can be attributed to the increasing use of plastics in day-to-day applications. Moreover, it is also driven by the rapidly developing industrial sector in emerging economies.
The demand for high-quality...
Engineering Plastics Market to Witness High Growth with Growing Substitution of Metal
Engineering plastics have better thermal properties than various other commodity plastics. Despite being expensive, their mechanical and thermal properties make these plastics suitable for different applications across different industrial verticals. Growth in demand and applications are creating strong business opportunities in the global engineering plastics market. The industry is aiming at strong...