What's driving the Acrylonitrile Butadiene Styrene Market Share? Mitsui Chemicals Group, Sabic, BASF, LG Chem, INEOS Styrolution, Polyone, Toray Industries, Inc.
Increase in demand for lightweight automobiles to attain better fuel efficiency is the key driver for acrylonitrile butadiene styrene market share. Superior strength along with weight reduction are the characteristics which enhances scope of the product in automotive industry.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/734
Acrylonitrile Butadiene Styrene (ABS) Market will be worth over USD 38 billion by 2024; according to a new research report by Global Market Insights, Inc. Stringent government norms to lower carbon emission and to surge fuel efficiency will propel the industry growth. EU and North America regulations include vehicle weight reduction up to 440 kg with 40 gram CO2 drop.
Rising application scope in appliances, electrical & electronics and construction industry will fuel the industry growth. Appliances contributed over 31% of the industry share in 2015. Inclination towards product with superior surface appearance and fire retardant properties has enhanced business development in this segment.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Chi Mei Corporation
2. LG Chemicals
3. INEOS Styrolution
4. Kumho Petrochemical Company
5. Formosa Plastic Company
7. Asahi Kasei
9. China Petroleum & Chemical Corporation
10. Elix Polymers
14. Ampa Group
15. Dow Chemicals
16. Ravago Manufacturing Americas, LLC
18. Entec Polymers LLC
19. RTP Engineering Plastics
20. Bayer AG
21. Techno Polymer Co., Ltd.
22. Mitsui chemicals Inc
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/acrylonitrile-butadiene-styrene-ABS-market
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.
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.
- Acrylonitrile Butadiene Styrene Market, By Application
• Electrical & Electronics
• Consumer Goods
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/734
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. 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.
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.
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Acrylonitrile Butadiene Styrene Market Share? Mitsui Chemicals Group, Sabic, BASF, LG Chem, INEOS Styrolution, Polyone, Toray Industries, Inc. here
News-ID: 1752408 • Views: 281
More Releases from Global Market Insights, Inc.
High Voltage Cables Market Future Outlook |Sterlite Power, High Voltage Cable Le …
Global Market Insights, LLC's latest research report on High Voltage Cables Market features a comprehensive outlook pertaining to market valuations, market share, profit estimations, and the geographical spectrum of this business. The report precisely describes key obstacles and opportunities for growth, while drawing out competitive standing of market majors, including their portfolio and growth strategies. High voltage cables are increasingly used across the industrial and utility sectors. The high demand for
Portable Generators Market Size 2019: Industry Analysis by Potential Application …
This detailed presentation on Portable Generators Market accumulated by Global Market Insights, LLC, features an exhaustive study conveying influential trends prevailing in the global business sphere. The report also presents significant details concerning market size, market share and profit estimations to offer an ensemble prediction about this business. Moreover, this report undertakes an accurate competitive analysis emphasizing growth strategies espoused by market leaders. Burgeoning electricity demand in consort with uncontrolled population
Recloser Market Demand 2019: Industry Analysis by Top Players, Opportunities, Ke …
The research report on Recloser Market Added by Global Market Insights, LLC, proposes a comprehensive study on the recent industry trends. In addition, the report presents a detailed abstract of the growth statistics, revenue estimation, and market valuation, and also highlights the state of the competitive spectrum and expansion strategies adopted by major industry players. Increased applicability of single phase reclosers in lines such as taps or branches of three-phase feeder
Reciprocating Power Generating Engine Market Growth Opportunities 2019 with Adva …
The latest report on Reciprocating Power Generating Engine Market Added by Global Market Insights, LLC, provides a concise analysis of the industry size, revenue forecast and regional spectrum of this business. The report further illustrates the major challenges and the latest growth strategies adopted by key players who are a part of the dynamic competitive spectrum of this industry. The reciprocating power generating engine market is anticipated to
More Releases for Acrylonitrile
Acrylonitrile Butadiene Rubber Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Acrylonitrile Butadiene Rubber Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-acrylonitrile-butadiene-rubber-market_p104766.html Acrylonitrile butadiene rubber is a synthetic
CTBN Market Report 2018: Segmentation by Type (CTBN with 8-12% Acrylonitrile, CT …
Global CTBN market research report provides company profile for Zibo Qilong Chemical, Emerald Performance Materials and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of
Global Acrylonitrile Butadiene Styrene Market Research industry Report 2017
A fresh report has been added to the wide database of Market Research Hub (MRH). The research study is titled “Global Acrylonitrile Butadiene Styrene Market” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that the sector for Chemicals would rise at a positive CAGR during the period 2017-2022. Request For Free Sample -
Styrene-Acrylonitrile Resin Market Report 2017 - 2017
Styrene-Acrylonitrile Resin Styrene-Acrylonitrile Resin market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. For Full Report click on @ https://www.reportsandmarkets.com/reports/emea-europe-middle-east-and-africa-report-2017-1701073 Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K MT), revenue (Million USD), market share and growth rate of Styrene-Acrylonitrile Resin for these
TMR - Styrene Acrylonitrile (SAN) Resins Market : Global Snapshot by 2024
The global styrene acrylonitrile resins market is moderately consolidated, where top players own large shares while a larger number of small and mid-sized producers operate in some of the most fruitful regions for SAN resins demand, including China and India. INEOS Styrolution Group GmbH, Trinseo S.A., and Asahi Kasei were the top three manufacturers of SAN resins in 2015, with a collective share of 35.7% in revenue. Till 2024, the overall
Acrylonitrile Market - Forecasts Research Report 2015-2022
The research study Global Acrylonitrile Market Report - Industry Analysis, Size, Share, Growth, Trends and Forecast added by DecisionDatabases.com provides a comprehensive market analysis which includes market values, forecasts, as well as a detailed competitive market analysis of major players operational in the industry. The report on global acrylonitrile market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively