Global Acrylonitrile Butadiene Styrene ABS Market Research Report 2023(Status and Outlook)

Global Acrylonitrile Butadiene Styrene ABS Market Research Report 2023(Status and Outlook)

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.

China is the largest Acrylonitrile Butadiene Styrene (ABS) market with about 30% market share. Korea is follower, accounting for about 18% market share.

The key players are CHIMEI, Styrolution, LG Chemical, Trinseo, SABIC, Samsung SDI Chemical, Toray, Formosa, JSR, KKPC, UMG ABS, CNPC (Jilin), Dagu Chemical, Gaoqiao, Huajin Chemical, CNPC (Daqing), Lejin Chemical, CNPC (Lanzhou) etc. Top 3 companies occupied about 44% market share.

The Global Acrylonitrile Butadiene Styrene ABS Market Size was estimated at USD 18170 million in 2022 and is projected to reach USD 19346.08 million by 2029, exhibiting a CAGR of 0.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Acrylonitrile Butadiene Styrene ABS market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Acrylonitrile Butadiene Styrene ABS Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Acrylonitrile Butadiene Styrene ABS market in any manner.

Global Acrylonitrile Butadiene Styrene ABS Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

CHIMEI

Styrolution

LG Chemical

Trinseo

SABIC

Samsung SDI Chemical

Toray

Formosa

JSR

KKPC

UMG ABS

CNPC (Jilin)

Dagu Chemical

Gaoqiao

Huajin Chemical

CNPC (Daqing)

Lejin Chemical

CNPC (Lanzhou)

Market Segmentation (by Type)

Emulsion Graft Copolymerization

Bulk Copolymerization

Others

Market Segmentation (by Application)

Oil And Gas

Medicine

Food and Drink

Energy & Power

Mining

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Acrylonitrile Butadiene Styrene ABS Market

Overview of the regional outlook of the Acrylonitrile Butadiene Styrene ABS Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors