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Acrylonitrile Butadiene Styrene (ABS) Market Statistics By Product 2018-2024 | Chi Mei Corporation, LG Chemicals, INEOS Styrolution, Kumho Petrochemical Company, Formosa Plastic Company, Styron, Asahi Kasei, Sabic, China Petroleum & Chemical Corporation,

Acrylonitrile Butadiene Styrene (ABS) Market

Acrylonitrile Butadiene Styrene (ABS) Market

According to a new research report by Global Market Insights, Inc. Acrylonitrile Butadiene Styrene (ABS) Market will be worth over USD 38 billion by 2024.

Production capacity expansions, acquisitions and ventures are the major strategies adopted by the industry players. Formosa Plastic Company, Styrolution, Asahi Kasei, Kumho Petrochemical, Sabic and Styron are the other key players of acrylonitrile butadiene styrene market.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/734

Automotive acrylonitrile butadiene styrene market from automotive is estimated to witness growth at 4% by 2024. Extensive product usage in automotive parts including bumpers, body panels, steering covers and tires has positively influenced the product demand.

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.

Acrylonitrile Butadiene Styrene Market, By Application
• Appliances
• Electrical & Electronics
• Automotive
• Consumer Goods
• Construction
• Others

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https://www.gminsights.com/inquiry-before-buying/734

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.

Browse Report:
https://www.gminsights.com/industry-analysis/acrylonitrile-butadiene-styrene-ABS-market

Global acrylonitrile butadiene styrene market share is highly consolidated. The major four industry players account for more than 60 % of the industry share. LG Chemicals and Chi Mei corporation are the dominating companies holding a major share in the global production.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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