Acrylonitrile-Butadiene-Styrene Market: Global and China Product Intelligence, Analysis, Opportunities and Forecast to 2023

Infinium Global Research has added a new report on Global Acrylonitrile-Butadiene-Styrene Market. The report predicts the market size of Acrylonitrile-Butadiene-Styrene is expected to reach XX billion by 2023.

 

Acrylonitrile-Butadiene-Styrene (ABS) market size is projected to surpass USD 32.5 billion by 2023, growing at a CAGR between 7.2% and 7.8% from 2017 to 2023. Acrylonitrile Butadiene Styrene (ABS) is a polymer comprising of acrylonitrile, butadiene and styrene. Styrene is the major constituent of ABS. Automotive parts, pipes, industrial appliances, machines, and telephone components are some of the most commonly seen uses of acrylonitrile butadiene styrene. ABS polymers are also resistant to aqueous acids, alkalis, alcohols and animal, vegetable and mineral oils, concentrated hydrochloric and phosphoric acids.

 

Market Insights

The global ABS market is anticipated to be driven by growing demand from automobile and consumer goods (appliances) industries. Rapid economic growth and increasing purchasing power parity in emerging markets such as China, India and Brazil is expected to drive the demand for consumer appliances and automobiles over the period of 2017 to 2023. This in turn is likely to boost the market for acrylonitrile butadiene styrene market over the period of 2017 to 2023. Moreover, the rising concerns about the impact of acrylonitrile butadiene styrene on the environment and the availability of other thermoplastics as alternatives are restraining the growth of this global market significantly. Globally, the demand for light weight and fuel efficient automobiles is on the rise among the middle class and upper middle class families. Acrylonitrile butadiene styrene has been increasingly preferred over conventional materials such as metal, wood and nylon in the automobiles, owing to which the global market for acrylonitrile butadiene styrene has grown at an annual rate of 6.5% to 7% over the period of 2013 to 2016. This trend is expected to continue in the years to come and the suppliers of acrylonitrile butadiene styrene are likely to cash in more opportunities.

 

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Segments Covered:

The global Acrylonitrile-Butadiene-Styrene (ABS) market is segmented on the basis of applications such as home appliances, automobiles, electrical and electronic appliances, consumer goods, and construction equipment.

 

Company Profiles

LG Chemicals
Styron
Chi Mei Corporation
KKPC
Styrolution
Formosa Plastic Company
Asahi Kasei
Sabic
Elix Polymers
China Petroleum and Chemical
Entec Polymers
Polyone.

 

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Key topics covered:

  1. Preface
  2. Executive Summary
    3. Global Acrylonitrile-Butadiene-Styrene (ABS) Market Overview
  3. Global Acrylonitrile-Butadiene-Styrene (ABS) Market : IGR Snapshots
  4. Global Acrylonitrile-Butadiene-Styrene (ABS) market by Applications (USD Million, KT) 2017 – 2023
  5. Global Acrylonitrile-Butadiene-Styrene (ABS) Market Analysis, by Region (USD Million, KT) 2017 – 2023
  6. Company Profiles

 

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