Global ASA Copolymers Market Growth 2023-2029

Global ASA Copolymers Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “ASA Copolymers Industry Forecast” looks at past sales and reviews total world ASA Copolymers sales in 2022, providing a comprehensive analysis by region and market sector of projected ASA Copolymers sales for 2023 through 2029. With ASA Copolymers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ASA Copolymers industry.
This Insight Report provides a comprehensive analysis of the global ASA Copolymers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ASA Copolymers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global ASA Copolymers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ASA Copolymers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ASA Copolymers.
The global ASA Copolymers market size is projected to grow from US$ 990.1 million in 2022 to US$ 1334.5 million in 2029; it is expected to grow at a CAGR of 1334.5 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of ASA Copolymers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Extrusion Grade
Heat Resistant Grade
Flame Retardant Grade
General Grade
Segmentation by application
Automotive
Building Materials
Consumer Electronics and Home Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LG Chem
Ineos Styrolution
SABIC
Techno-UMG
NIPPON A&L
Kumho-Sunny
FCFC
Qingdao Weilai
LOTTE Advanced Materials
Chi Mei Corporation
Xinxiang Chuangmei
Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Key Questions Addressed in this Report
What is the 10-year outlook for the global ASA Copolymers market?
What factors are driving ASA Copolymers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do ASA Copolymers market opportunities vary by end market size?
How does ASA Copolymers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.