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Global MABS Resin Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Toray,LG Chem,Chi Mei,Inc.
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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.
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 29.49% market share in 2017.
As for the region, Korea is the largest production base, holding 33.54% market share in 2017, followed by Japan, with 26.20% market share.
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.
According to this study, over the next five years the MABS Resin market will register a 1.0% CAGR in terms of revenue, the global market size will reach US$ 440 million by 2024, from US$ 420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in MABS Resin business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Toray
LG Chem
Chi Mei
LOTTE Advanced Materials
Styrolution
Techno-UMG
Denka
Formosa Chemicals & Fibre
NIPPON A&L
Market Segment by Type, covers
General Purpose Grade
High Impact Grade
High Rigidity Grade
Other
Market Segment by Applications, can be divided into
Appliance Industry
3C Products
Toys
Medical Industry
Other
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Related Information:
North America MABS Resin Market Growth 2019-2024
United States MABS Resin Market Growth 2019-2024
Asia-Pacific MABS Resin Market Growth 2019-2024
Europe MABS Resin Market Growth 2019-2024
EMEA MABS Resin Market Growth 2019-2024
Global MABS Resin Market Growth 2019-2024
China MABS Resin Market Growth 2019-2024
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