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Acrylonitrile-Butadiene-Styrene (ABS) Resin Market, Global Outlook and Forecast 2024-2031

Acrylonitrile-Butadiene-Styrene (ABS) Resin Market, Global Outlook and Forecast 2024-2031

  • Published on : 05 January 2024
  • Pages :111
  • Report Code:SMR-7875151

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Report overview

ABS is a kind of polymer obtained through the copolymerization of three kinds of monomers, namely acrylonitrile, butadiene and styrene. Each of these three monomers has a specific property: the addition of acrylonitrile can improve the anti-corrosion and rigidity properties, butadiene promotes the shock resistance and styrene will contribute the material good fineness. It is among the low cost engineering plastic that is easy to machine and fabricate. ABS is an ideal material for structural applications when impact resistance, strength, and stiffness are required. It is widely used for machining pre-production prototypes such as the auto dashboard since it has excellent dimensional stability and is easy to paint and glue. Natural (beige) ABS and black ABS are FDA compliant for use in food processing applications. Besides, it is widely used in the toys and electron industries including the PC enclosure.
This report aims to provide a comprehensive presentation of the global market for Acrylonitrile-Butadiene-Styrene (ABS) Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Acrylonitrile-Butadiene-Styrene (ABS) Resin. This report contains market size and forecasts of Acrylonitrile-Butadiene-Styrene (ABS) Resin in global, including the following market information:
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Acrylonitrile-Butadiene-Styrene (ABS) Resin companies in 2023 (%)
The global Acrylonitrile-Butadiene-Styrene (ABS) Resin market was valued at US$ 15960 million in 2023 and is projected to reach US$ 19970 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main application of acrylonitrile butadiene styrene (ABS) are washing machine, fridge, PC, car, toys, electronics fields. In terms of product, acrylonitrile butadiene styrene (ABS) can be divided into two types: general purpose ABS and specialty ABS. The general purpose ABS holds a share about 79%. The major manufacturers in the world include LG Chem, Formosa, CHIMEI. etc. The biggest manufacturer is LG Chem, which holds a share about 15%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Acrylonitrile-Butadiene-Styrene (ABS) Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market Segment Percentages, by Type, 2023 (%)
Emulsion Graft Copolymerization
Bulk Copolymerization
Others
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market Segment Percentages, by Application, 2023 (%)
Automobiles Industry
Electronic Industry
Other
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Acrylonitrile-Butadiene-Styrene (ABS) Resin revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Acrylonitrile-Butadiene-Styrene (ABS) Resin revenues share in global market, 2023 (%)
Key companies Acrylonitrile-Butadiene-Styrene (ABS) Resin sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Acrylonitrile-Butadiene-Styrene (ABS) Resin sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
CHIMEI
Styrolution
LG Chemical
Trinseo
SABIC
Samsung SDI Chemical
Toray
Formosa
JSR
KKPC
UMG ABS
CNPC (Jilin)
Dagu Chemical
Gaoqiao
Huajin Chemical
Lejin Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Acrylonitrile-Butadiene-Styrene (ABS) Resin, market overview.
Chapter 2: Global Acrylonitrile-Butadiene-Styrene (ABS) Resin market size in revenue and volume.
Chapter 3: Detailed analysis of Acrylonitrile-Butadiene-Styrene (ABS) Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Acrylonitrile-Butadiene-Styrene (ABS) Resin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Acrylonitrile-Butadiene-Styrene (ABS) Resin capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.