Global ABS Plastics Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global ABS Plastics Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global ABS Plastics market size was valued at USD 17130 million in 2023 and is forecast to a readjusted size of USD 23950 million by 2030 with a CAGR of 4.9% during review period.

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.

Currently, global production of ABS is relatively scattered as there are many manufacturers engaged in the industry. The largest manufacturers LG Chem, Formosa, CHIMEI, CNPC, Lotte Chemical, INEOS Styrolution, Toray, SABIC, JSR, Dagu Chemical, etc. and the top ten players account abve 60% revenue market share in the world.

The Global Info Research report includes an overview of the development of the ABS Plastics industry chain, the market status of Automotive (General Grade, Flame Retardant Grade), Appliance (General Grade, Flame Retardant Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of ABS Plastics.

Regionally, the report analyzes the ABS Plastics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global ABS Plastics market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the ABS Plastics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the ABS Plastics industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., General Grade, Flame Retardant Grade).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the ABS Plastics market.

Regional Analysis: The report involves examining the ABS Plastics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the ABS Plastics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to ABS Plastics:

Company Analysis: Report covers individual ABS Plastics manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards ABS Plastics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Appliance).

Technology Analysis: Report covers specific technologies relevant to ABS Plastics. It assesses the current state, advancements, and potential future developments in ABS Plastics areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the ABS Plastics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

ABS Plastics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
General Grade
Flame Retardant Grade
Others

Market segment by Application
Automotive
Appliance
Electronics
Industrial Parts
Healthcare Parts
Others

Major players covered
LG Chem
Formosa
CHIMEI
CNPC
Lotte Chemical
INEOS Styrolution
Toray
SABIC
JSR
Dagu Chemical
KKPC
Huajin Chemical
Gaoqiao
Grand Pacific Petrochemical
Trinseo
Kumho Sunny

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe ABS Plastics product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of ABS Plastics, with price, sales, revenue and global market share of ABS Plastics from 2019 to 2024.

Chapter 3, the ABS Plastics competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the ABS Plastics breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and ABS Plastics market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of ABS Plastics.

Chapter 14 and 15, to describe ABS Plastics sales channel, distributors, customers, research findings and conclusion.