Acrylonitrile Butadiene Styrene market Global Analysis on Formosa Plastic Company, Styrolution, Asahi Kasei, Kumho Petrochemical, Sabic and Styron

The Acrylonitrile Butadiene Styrene market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

Acrylonitrile butadiene styrene are widely utilized in plastic sheets, pipes and fittings. Growing construction spending in developing region due to increase in per capita disposable income is among the key factor for industry growth. Construction industry in Asia Pacific was valued at over USD 1,550 billion in 2015 and is forecast to witness CAGR at 5.0% by 2024. In 2012, India recorded, rise in government construction over USD 9.0 billion and overall spending was over 140 billion.

Acrylonitrile Butadiene Styrene (ABS) Market will be worth over USD 38 billion by 2024. Acrylonitrile butadiene styrene market from electrical & electronics will observe CAGR over 3.5% up to 2024. Changing lifestyle and increasing consumer purchasing power are the major factors fueling the industry growth. Rising demand for temperature and corrosion resistant materials in computers, computer accessories, business machine and electronic devices will support the product penetration.

Top Manufacturers and players in global market are given bellow:-

Formosa Plastic Company, Styrolution, Asahi Kasei, Kumho Petrochemical, Sabic and Styron

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Expansion in the home appliances industry globally owing to its rising demand will create lucrative avenues for the acrylonitrile butadiene styrene market growth. High design flexibility, low material wastage, high strength, enhanced visual look and relatively lesser material costs are the significant properties enhancing product penetration.

Rise in construction spending coupled with increasing government initiatives on infrastructure development will drive the industry growth. Shifting focus towards lightweight, superior strength and fire retardant materials by the construction professionals will surge acrylonitrile butadiene styrene market growth in this segment.

Product innovation accompanied by technological advancement in manufacturing techniques will encourage product penetration. Trade expansion in terms of exports, imports, capital investment, industrial output due to increased consumer consumption will open more opportunities the coming years.

Variable raw material prices due to political unrest will affect acrylonitrile butadiene styrene market price trend. The companies are focused towards collaboration, partnership for product development & technical expertise to compensate increasing raw material prices and gain maximum profitability.
Acrylonitrile Butadiene Styrene (ABS) Market Size By Application

• Electrical and Electronics
• Appliances
• Automotive
• Construction
• Consumer Goods

Industry Analysis Report, Regional Outlook

U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, Taiwan, South Korea, Indonesia, Thailand, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Egypt

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Few Table of Content are below

Chapter 1. Methodology & Scope
1.1 Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions and forecast parameters
1.2 Data Sources
1.2.1. Secondary
1.2.2. Primary

Chapter 2. Executive Summary
2.1 Acrylonitrile butadiene styrene industry 3600 synopsis, 2012 - 2024
2.1.1. Business Trends
2.1.2. Application Trends
2.1.3. Regional Trends

Chapter 3. Acrylonitrile Butadiene Styrene Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 -2024
3.3. Industry ecosystem analysis
3.3.1. Vendor Matrix
3.3.1.1 Raw material suppliers
3.3.1.2. ABS Manufacturers
3.3.1.3. Distribution channel analysis
3.3.1.3.1 Distributors & dealers
3.3.1.3.2 End-users
3.4. Pricing Trends

Chapter 4. Acrylonitrile Butadiene Styrene Market, By Application
4.1. Global acrylonitrile butadiene styrene volume share by application, 2015 & 2024
4.2. Appliances
4.2.1. Market estimates & forecast from appliances, 2012-2024
4.2.2. Market estimates & forecast from appliances, by region, 2012-2024
4.3. Electrical & Electronics
4.3.1. Market estimates & forecast from electrical & electronics, 2012-2024
4.3.2. Market estimates & forecast from electrical & electronics by region, 2012-2024

U.S. ABS market is set to register more than USD 3 billion revenue by 2024. Growing consumer goods industry owing to emergence of innovative products and changing lifestyles. Increasing automotive sales in the region is expected to fuel the industry growth.

Asia Pacific acrylonitrile butadiene styrene market accounted for over 68% of the industry share in 2015. Rising demand for home appliances and consumer goods, owing to shifting demographic and income trends will trigger the demand

Germany acrylonitrile butadiene styrene market from appliances is estimated to surpass USD 225 million by 2024. Increasing product consumption in fax machines, refrigerators door liners, washing machine, air conditioner, vacuum cleaner, and kitchen appliances will stimulate industry growth. Moreover, high-impact resistance, heat and chemical resistance properties will enhance the product scope.

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