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Impact modifiers are additives used in plastics to improve their impact strength and toughness. They are typically used in polymers such as polyvinyl chloride (PVC), polypropylene (PP), and polystyrene (PS). Impact modifiers are used to reduce the brittleness of plastics, making them more resistant to cracking and shattering. They also improve the flexibility of plastics, allowing them to better withstand shock and vibration.
The impact modifier market is driven by the increasing demand for plastics in various industries, such as automotive, construction, and packaging. The growing demand for lightweight and durable plastics is also driving the market. The increasing use of plastics in medical and healthcare applications is also expected to boost the market.
Some of the major companies in the impact modifier market include BASF SE, DowDuPont, Evonik Industries AG, Clariant AG, and Eastman Chemical Company. Show Less Read more