Global Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics market size was valued at USD 1150.2 million in 2023 and is forecast to a readjusted size of USD 1678.8 million by 2030 with a CAGR of 5.6% during review period.
Acrylic-styrene-acrylonitrile copolymer (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.
From the perspective of product market application, ABS resin has excellent formability, impact resistance and gloss, but because of the use of butadiene rubber in ABS synthesis, it contains a double bond structure, so it is easy to decompose ultraviolet rays, heat and oxidation . Therefore, ASA can overcome the defects of ABS without a double-bond structure, and ASA is an excellent weather-resistant resin that is increasingly used in the fields of automobiles, construction, home appliances, sports and leisure, and consumer electronics. Automotive is the largest application area, because the automotive market is huge, and the demand for resins for rearview mirrors and other parts is high. In 2022, the sales volume of the automotive industry will account for 50.03% of all applications.
The Global Info Research report includes an overview of the development of the Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics industry chain, the market status of Automobile (Extrusion Grade, Heat Resistant Grade), Architectural Engineering (Extrusion Grade, Heat Resistant Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics.
Regionally, the report analyzes the Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Acrylonitrile Styrene Acrylate (ASA) Engineering 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 (MT), revenue generated, and market share of different by Power (e.g., Extrusion Grade, Heat Resistant 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics market.
Regional Analysis: The report involves examining the Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics:
Company Analysis: Report covers individual Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automobile, Architectural Engineering).
Technology Analysis: Report covers specific technologies relevant to Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics. It assesses the current state, advancements, and potential future developments in Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Acrylonitrile Styrene Acrylate (ASA) Engineering 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
Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics market is split by Power and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Power, and by Application in terms of volume and value.
Market segment by Power
Extrusion Grade
Heat Resistant Grade
Flame Retardant Grade
General Grade
Market segment by Application
Automobile
Architectural Engineering
Consumer Electronics and Home Appliances
Others
Consumer Electronics
Others
Major players covered
LG Chem
Ineos Styrolution
SABIC
Techno-UMG
NIPPON A&L
KUMHO-SUNNY
FCFC
Qingdao future Chemical
LOTTE Advanced Materials
CHIMEI
Chuangmei Technology
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng
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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics, with price, sales, revenue and global market share of Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics from 2019 to 2024.
Chapter 3, the Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Acrylonitrile Styrene Acrylate (ASA) Engineering 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 Power and application, with sales market share and growth rate by power, 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics market forecast, by regions, power 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 Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics.
Chapter 14 and 15, to describe Acrylonitrile Styrene Acrylate (ASA) Engineering Plastics sales channel, distributors, customers, research findings and conclusion.