Press release
MABS Resin Market Will Procure million 460 US$ by 2025 at a CAGR of 1.20%
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.
The global MABS Resin market was 420 million US$ in 2018 and is expected to 460 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025.
This report studies the MABS Resin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of MABS Resin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Toray
LG Chem
Chi Mei
LOTTE Advanced Materials
Styrolution
Techno-UMG
Denka
Formosa Chemicals & Fibre
NIPPON A&L
By the product type, the market is primarily split into
General Purpose Grade
High Impact Grade
High Rigidity Grade
Other
By the end users/application, this report covers the following segments
Appliance Industry
3C Products
Toys
Medical Industry
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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