Fracture toughness of particle reinforced polymers is strongly affected by the size of particles. It can be improved or reduced depending on the materials used and the volume fractions at which the values are compared. Dissipation mechanisms, as particle debonding and subsequent yielding of the polymer, are responsible for the characteristic behaviour. If the debonding energy per volume is considered it can be concluded that smaller particles are favourable for this value. But the product of the specific debonding energy with the dissipation volume is the decisive quantity. Depending on the used debonding criterion, i. e. stress or energy, different conclusions can be drawn. The energy criterion leads to the conclusion that the debonding process inducing fracture toughness independent of particle size, however, the stress criterion at the interface supports the conclusion that smaller particles increase facture toughness.