I use Logic to make music. Many of te plugins run on one core, and can take up 100% of it. If performance via emulation is around 50%, that means a lot of drop-outs in the sound, and basically an unworkable situation. Been there, seen it, don't want to go throug it again.
The bigger plugin makers will probably port their products, but it's going to cost the user; the smaller ones may simply give up macOS completely.