“Global Acrylonitrile Butadiene Styrene (ABS) Market Study 2019 to 2025” provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Acrylonitrile Butadiene Styrene (ABS) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Acrylonitrile Butadiene Styrene (ABS) is one of the widely used engineering plastic and has witnessed a significant growth from 2005 on account of its application in major end use industries.
Top Leading Companies are: LG Chemical, Chi Mei Corporation, INEOS, Styrolution, Formosa Chemicals & Fibers, Trinseo, Toray Industries Inc., SABIC, Cheil Industries, Kumho Petrochemical, IRPC Public Company Limited, Etc.
The market is segmented on the basis of end-use which includes automotive, electrical & electronics, building & construction, consumer products and others.
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The report covers the following topics:
-ABS Market data in term of volume and value for each end-use at regional and country level
-ABS Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
-Trade balance and target markets for current situation, new expansions or new projects
-Macro-economic factors like GDP, population and world economic integration
-Strategic issues and recommendations
The report provides answers to the following key questions:
-How big is the ABS market?
-How is the market evolving by demand-supply, segment and region?
-What will the market size be in 2025 and at what rate will it grow?
-What trends, challenges and barriers are influencing its growth?
-What opportunities and target markets exist for ABS?
-Historical and future price trends for ABS
This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Acrylonitrile Butadiene Styrene (ABS) market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.
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Acrylonitrile Butadiene Styrene (ABS) is a thermoplastic resin manufactured by co-polymerizing acrylonitrile (AN), butadiene (BD) and styrene (S) monomers. ABS copolymers exhibit better toughness; temperature stability and solvent resistance properties in comparison to high impact polystyrene. ABS compounds are commercially available in many forms and grades including medium and high impact, high gloss, UV stabilized, flame retardant, heat resistant, low gloss, glass-fiber reinforced and transparent.
ABS is one of the widely used engineering plastic and has witnessed a significant growth since 2005 on account of its increasing demand in major end-use industries such as automotive and electrical & electronics, especially in Asia-Pacific and other developing regions.
Replacement of traditional materials like metals, inter polymer substitution, growth in purchasing power of developing economies are some of the key drivers for ABS demand.
China is the largest market for ABS. The country is heavily dependent on imports and has also witnessed a number of capacity expansions since 2006.
The ABS industry has undergone various capacity additions post commercialization. Due to oversupply scenario especially in Asia-Pacific region, global operating rate has been decreasing and has averaged to 70% in 2016. Total ABS consumption of North America was around 750 kilo tons in 2016. The US is a major consumer in North America followed by Mexico. The country has witnessed growth rates in the range of 1-3% since the past few years.
Significant demand of ABS is from emerging economies such as China and Brazil. Some New projects and capacity additions have been announced in the Middle East region. Jam Petrochemical is planning to bring its 200 Kilo tons Assaluyeh ABS plant online by 2019.
The major players in the ABS market are LG Chemical, INEOS, Chi Mei, Formosa Chemicals & Fibers and SABIC. Other manufacturers of ABS include Bhansali Engineering Polymers Ltd., Trinseo, Styrolution, and IRPC.
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Country Markets –
U.S., Canada, Mexico, Germany, France, Italy, Spain, U.K., Russia, Poland, Turkey, China, Japan, India, South Korea and Brazil
Reasons for Buying this Report
- Acrylonitrile Butadiene Styrene (ABS) report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future Outlook.
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