The acrylonitrile butadiene styrene market size is expected treach USD 35.15 billion by 2034, according ta new study by Polaris Market Research. The report “Acrylonitrile Butadiene Styrene Market Size, Share, Trends, Industry Analysis Report: By Product Type (Transparent, Opaque, and Colored), End-User Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Acrylonitrile butadiene styrene, or ABS, is an amorphous thermoplastic polymer with high strength, durability, and impact resistance. It is composed of three different monomers that are acrylonitrile, butadiene, and styrene. ABS's distinctive qualities stem from the mixture of these monomers, which include chemical and thermal stability, a glossy surface, toughness and strength, and a low melting temperature. ABS is combustible at high temperatures and can be destroyed by sunlight. Acrylonitrile butadiene styrene is utilized in a range of sectors and applications, including electronics, appliances, pipes and fittings, toys, automobiles, and medical devices.
The acrylonitrile butadiene styrene (ABS) market demand is rising due tdevelopments in 3D printing. 3D printing technology enables the additive manufacture of ABS parts, enabling rapid prototyping and customized production. ABS's capacity tproduce elaborate designs and complicated geometries opens up new opportunities across a range of sectors. The demand for ABS as a 3D printing material is anticipated tincrease as 3D printing becomes more widely available and affordable, providing lucrative opportunities for market expansion and application diversification.
Numerous automotive components, including center consoles, seats, bumpers, and interiors, are made from ABS materials. These materials are widely used in the automotive industry primarily because of their superior qualities, which include high strength, chemical resistance, and lightweight density. Aircraft panels, cabins, and interiors are alsmade of ABS. Additionally, the COVID-19 pandemic has raised demand for ABS in the consumer goods and medical sectors for uses such as the production of household appliances and medical equipment.
Market players are spreading their footprints across different regions and breaking intnew markets in developing nations tincrease their clientele and fortify their position in the market. Tmeet the increasing demands of their customers, the companies are alslaunching new, inventive products intthe market. A few top companies in the acrylonitrile butadiene styrene market are Chi Mei Corporation; LyondellBasell Industries Holdings BV; Mitsui Chemicals, Inc.; The 3M Company; RavagAmericas LLC; and BASF SE.
Key Highlights of Acrylonitrile Butadiene Styrene Market
Based on product type, the acrylonitrile butadiene styrene market is segmented inttransparent, opaque, and colored. In 2024, the opaque segment accounted for almost 43.2% of total revenue share and dominated the market, and it is predicted tretain its dominance during the forecast period.
The acrylonitrile butadiene styrene market, based on end-user type, is segmented intconstruction, consumer goods, automotive, electricals and electronics, appliances, and others. In 2024, the appliances segment dominated the market, accounting for more than 28.4% of total revenue share. The requirement for ABS in the appliance industry is expected trise due tincreased demand for home appliances such as washing machines, dryers, and microwave ovens, as well as surging consumer spending on appliances.
In 2024, Asia Pacific dominated the market, accounting for approximately 33.5% of total revenue share. The growth of the construction industry is attributed trising cash flow and increasing government investments in major infrastructure projects, which accounts for its volume and income dominance.
North America held the second-largest revenue share of the global market in 2024. Owing tincreased automobile production and the presence of several key market participants, the region's automotive sector is expected texpand dramatically, boosting the acrylonitrile butadiene styrene market development.
KumhPetrochemical Co., Ltd.; Teijin Limited; Trinseo; DuPont de Nemours, Inc.; Ineos Group Ltd.; LyondellBasell Industries Holdings BV; Mitsui Chemicals, Inc.; The 3M Company; RavagAmericas LLC; and CovestrAG are among the key players influencing the market.
Polaris Market Research has segmented the global acrylonitrile butadiene styrene market report on the basis of product type, end-user, and region:
By Product Type Outlook (Revenue – USD Billion, 2020–2034)
Transparent
Opaque
Colored
By End-User Outlook (Revenue – USD Billion, 2020–2034)
Construction
Consumer Goods
Automotive
Electrical and Electronics
Appliances
Others
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of the Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook