Global Acrylic Styrene Acrylonitrile (ASA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Acrylic Styrene Acrylonitrile (ASA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Acrylic Styrene Acrylonitrile (ASA) market size was valued at USD 970.5 million in 2023 and is forecast to a readjusted size of USD 1278.8 million by 2030 with a CAGR of 4.0% during review period.

Acrylic Styrene Acrylonitrile (ASA) is a thermoplastic elastomer. This type of copolymer has excellent resistance to UV irradiation, heat, moisture, and stress cracking and probably has the best weathering resistance of all acrylonitrile elastomers. It also has good chemical resistance and high impact strength. Its mechanical properties are very similar to acrylonitrile butadiene styrene (ABS) elastomers.

One of the most important markets for ASAs are automotive body parts such as mirror housings and radiator grills. ASA thermoplastics are also extensively used in the building & construction, appliance, electrical/electronics, and sports goods industries.

According to the different properties, ASA can be divided into general grade, extrusion grade, heat resistant grade and others. General grade is used most widely and the price is the lowest, in 2019, about 52% of the global sale volumes are general grade.

Of the major players of ASA Copolymers, LG Chem maintained its first place in the ranking in 2019. LG Chem accounted for 19% of the ASA Copolymers revenue market share in 2019. Other players accounted for 17%, 16 %, 13% including Chi Mei Corporation, Ineos Styrolution Group, SABIC.

China, United States, Europe, China Taiwan, Japan and Korea are the main manufacturing regions in the world. Considering the consumption region. USA is the largest consumption area, making up 23% in 2019. Europe ranks the second, total ASA Resin accounted for 20%.

The Global Info Research report includes an overview of the development of the Acrylic Styrene Acrylonitrile (ASA) industry chain, the market status of Automotive (General Grade ASA, Extrusion Grade ASA), Construction (General Grade ASA, Extrusion Grade ASA), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Acrylic Styrene Acrylonitrile (ASA).

Regionally, the report analyzes the Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA) 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 (K MT), revenue generated, and market share of different by Type (e.g., General Grade ASA, Extrusion Grade ASA).

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 Acrylic Styrene Acrylonitrile (ASA) market.

Regional Analysis: The report involves examining the Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Acrylic Styrene Acrylonitrile (ASA):

Company Analysis: Report covers individual Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Construction).

Technology Analysis: Report covers specific technologies relevant to Acrylic Styrene Acrylonitrile (ASA). It assesses the current state, advancements, and potential future developments in Acrylic Styrene Acrylonitrile (ASA) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Acrylic Styrene Acrylonitrile (ASA) 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

Acrylic Styrene Acrylonitrile (ASA) 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 ASA
Extrusion Grade ASA
Heat Resistant Grade ASA
Others

Market segment by Application
Automotive
Construction
Home Appliances
Sports and Leisure
Consumer Electronics
Others

Major players covered
LG Chem
Chi Mei
Ineos Styrolution Group
SABIC
Techno-UMG
KUMHO-SUNNY
Formosa Chemicals & Fibre
NIPPON A&L
LOTTE Advanced Materials
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Shandong Novista Chemicals

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 Acrylic Styrene Acrylonitrile (ASA) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Acrylic Styrene Acrylonitrile (ASA), with price, sales, revenue and global market share of Acrylic Styrene Acrylonitrile (ASA) from 2019 to 2024.

Chapter 3, the Acrylic Styrene Acrylonitrile (ASA) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA) 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 Acrylic Styrene Acrylonitrile (ASA).

Chapter 14 and 15, to describe Acrylic Styrene Acrylonitrile (ASA) sales channel, distributors, customers, research findings and conclusion.