Global MABS Market Growth 2023-2029

Global MABS Market Growth 2023-2029

MABS is a copolymer of methyl methacrylate, acrylonitrile, butadiene, styrene, and it has ordinary ABS resin’s mechanical properties, but higher impact toughness and transparency than ABS.
LPI (LP Information)' newest research report, the “MABS Industry Forecast” looks at past sales and reviews total world MABS sales in 2022, providing a comprehensive analysis by region and market sector of projected MABS sales for 2023 through 2029. With MABS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MABS industry.
This Insight Report provides a comprehensive analysis of the global MABS 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 MABS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MABS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MABS 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 MABS.
The global MABS market size is projected to grow from US$ 432.1 million in 2022 to US$ 574.4 million in 2029; it is expected to grow at a CAGR of 574.4 from 2023 to 2029.
Currently, global production of MABS resin is 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 manufacturer is Toray, who owns 30% production market share in 2019. Toray is also expanding their MABS capacity and the new additional capacity will be released in 2021 at its Malaysia plant.
Korea, Japan, Malaysia and China Taiwan are the major production regions. The four regions supply more than 95% MABS globally.
MABS cannot compete with the impact resistance of impact grades of ABS nor the heat resistance of high heat grades of ABS, however MABS can outperform polystyrene, SAN and PMMA for impact resistance and has similar heat distortion temperatures. Thus, MABS resin is widely used in the appliance industry, 3C industry, toys industry and so on. Among various applications, demand from appliance industry is the largest one. In 2019, 90730 MT MABS resin went into the appliance industry.
This report presents a comprehensive overview, market shares, and growth opportunities of MABS market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
General Purpose Grade
High Impact Grade
High Rigidity Grade
Other
Segmentation by application
Appliance Industry
3C Products
Toys
Medical Industry
Other
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.
Toray
LG Chem
Chi Mei
LOTTE Advanced Materials
Styrolution
Techno-UMG
Denka
Formosa Chemicals & Fibre
NIPPON A&L
Key Questions Addressed in this Report
What is the 10-year outlook for the global MABS market?
What factors are driving MABS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MABS market opportunities vary by end market size?
How does MABS 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.