Impact Modifier Market Analysis By Global Industry Size, Share, Trends, Opportunity and Forecast 2025
As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast. Global impact modifier market is projected to reach $ 1.5 billion by 2025, driven by the rising demand from end user industries including construction, automotive, packaging and consumer goods. However, demand for impact modifiers is expected to fall by over 30% owing to anticipated decline in various end-use sectors due to the impact of COVID-19 pandemic across the globe. Construction and automotive sector are being majorly hit by the spread of COVID-19, thus resulting in decline in demand for impact modifiers. Moreover, economic slowdown across the globe and decline in investments in new c...