Global High Heat ABS Market Growth 2023-2029

Global High Heat ABS Market Growth 2023-2029

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.

Heat resistant ABS (HH ABS) is a grade of ABS. It has the second highest strength and second lowest ductility compared to the other variants of ABS. This ABS resin offers superior heat resistance, shock resistance, and outstanding workability. It has wide-ranging use in items such as Automotive Usage parts, and electrical devices. In the report, the vicat softening temperature of high heat resistant is 109℃ and the vicat softening temperature of super high heat resistant is 115℃.
LPI (LP Information)' newest research report, the “High Heat ABS Industry Forecast” looks at past sales and reviews total world High Heat ABS sales in 2022, providing a comprehensive analysis by region and market sector of projected High Heat ABS sales for 2023 through 2029. With High Heat ABS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Heat ABS industry.
This Insight Report provides a comprehensive analysis of the global High Heat ABS 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 High Heat ABS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Heat ABS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Heat ABS 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 High Heat ABS.
The global High Heat ABS market size is projected to grow from US$ 1861.7 million in 2022 to US$ 2919.6 million in 2029; it is expected to grow at a CAGR of 2919.6 from 2023 to 2029.
Currently, global production of High Heat ABS is relatively concentrated as there are only a few manufacturers engaged in the industry. The product belongs to the family of ABS resin, but owns much higher added-value than common ABS resin. The largest manufacturers LG Chem, Chi Mei, INEOS Styrolution, Formosa Chemicals, SABIC, Toray, etc. and the top six players account about 59% revenue market share.
As for the region, China is the largest consumption country of the High Heat ABS market, holding 37% market share, followed by Japan, Korea, etc.
Among them, the High-end Consumer Electronics application market accounted for the world's largest market share, accounting for 30% of global High Heat ABS sales volume market share.
This report presents a comprehensive overview, market shares, and growth opportunities of High Heat ABS market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High Heat Resistant
Super High Heat Resistant
Segmentation by application
Automotive
Household Appliances
High-end Consumer Electronics
Industrial
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
Chi Mei
INEOS Styrolution
Formosa Chemicals
SABIC
Toray
Techno-UMG (JSR)
Lotte Advanced Materials
Trinseo
ELIX Polymers (Sinochem)
Versalis
KUMHO-SUNNY
SAX Polymers Industries
KKPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Heat ABS market?
What factors are driving High Heat ABS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Heat ABS market opportunities vary by end market size?
How does High Heat ABS 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.