Press release
Acrylonitrile Butadiene Styrene(ABS) Market is projected to reach USD 39.9 billion by 2028
The global acrylonitrile butadiene styrene (ABS) market size is valued at USD 28.6 billion in 2023 and is projected to reach USD 39.9 billion by 2028, growing at a CAGR 6.7% from 2023 to 2028The large-scale market research conducted for this Acrylonitrile Butadiene Styrene(ABS) market report assists clients in predicting investments in emerging markets, expanding market share, or launching new products successfully. The report simplifies multifarious market insights using well-established tools and techniques, and presents data using graphs and charts for better understanding. State-of-the-art technology and integrated approaches were employed to ensure the best results for this Acrylonitrile Butadiene Styrene(ABS) market report. The Acrylonitrile Butadiene Styrene(ABS) Market report identifies and analyses emerging trends, major drivers, restraints, challenges, and opportunities in this industry.
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Top key players of the Global Acrylonitrile Butadiene Styrene(ABS) market are:
LG Chem, Formosa, CHIMEI, CNPC, Lotte Chemical, INEOS Styrolution, Toray, SABIC, JSR, Dagu Chemical, KKPC, Huajin Chemical, Gaoqiao, Grand Pacific Petrochemical, Trinseo, Kumho Sunny
Recent Developments
In April 2023, Formosa Chemicals & Fibre Corporation has planned a significant expansion of producing ABS with a projected capacity of 7.43 million tonnes per annum by 2030.
In January 2022, INEOS Styrolution expanded its ABS capacity in Wingles, France to produce 50 KT ABS with the aim to meet the increased demand for ABS in Europe from the construction, household, and automotive industries.
The segments of Acrylonitrile Butadiene Styrene(ABS) market are shown below:
By Type:
Automotive
Household Appliances
Office Equipment
Building Materials
3C Consumer Electronics
3D Printing Products
Others
By applications:
General Purpose ABS
High Heat ABS
Electroplating ABS
Flame Retardant ABS
Extrusion ABS
High Flow ABS
Others
Market Share:
Acrylonitrile Butadiene Styrene(ABS) Market Share by Company Type Report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. This report also provides a balanced and detailed analysis of the on-going Acrylonitrile Butadiene Styrene(ABS) trends, opportunities/high growth areas, Acrylonitrile Butadiene Styrene(ABS) market drivers which would help the investors to device and align their market strategies according to the current and future market dynamics.
The Global Acrylonitrile Butadiene Styrene(ABS) Market Share report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue, and gross margins.
Key Benefits of Acrylonitrile Butadiene Styrene(ABS) Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Acrylonitrile Butadiene Styrene(ABS) Market
Overview of the regional outlook of the Acrylonitrile Butadiene Styrene(ABS) Market
The Global version of Acrylonitrile Butadiene Styrene(ABS) Market Analysis by Regions -
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Browse complete Acrylonitrile Butadiene Styrene(ABS) Market report details with the table of contents and list of figures click here:
https://www.marketinsightsreports.com/single-report/082912949740/global-acrylonitrile-butadiene-styrene-abs-thermoplastic-resin-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-lg-chem-formosa-chimei-cnpc?Mode=ss304
The objectives of the report are:
- To analyze and forecast the market size of Acrylonitrile Butadiene Styrene(ABS) in the global market.
- To study the global key players, SWOT analysis, value and global Acrylonitrile Butadiene Styrene(ABS) market share for leading players.
- To determine, explain and forecast the market by type, end use, and region.
- To analyze the market potential and advantage, opportunity and challenge, restraints and risks of global key regions.
- To find out significant trends and factors driving or restraining the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To critically analyze each submarket in terms of individual growth trend and their contribution to the market.
- To understand competitive developments such as agreements, expansions, new product launches, and possessions in the market.
- To strategically outline the key players and comprehensively analyze their growth strategies.
Table of Contents:
Chapter 1: Global Acrylonitrile Butadiene Styrene(ABS) Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Acrylonitrile Butadiene Styrene(ABS) Market
Reasons Why You Should Buy This Report:
- To gain an in-depth understanding of Acrylonitrile Butadiene Styrene(ABS) Market
- To obtain research-based business decisions and add weight to presentations and marketing strategies
- To gain competitive knowledge of leading market players
- It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
- It helps in settling on educated business choices by having total bits of knowledge of the market and by making inside and out investigations of market sections.
FAQs:
What is the Acrylonitrile Butadiene Styrene(ABS) Market size and CAGR?
What are the main factors that drive the most powerful Acrylonitrile Butadiene Styrene(ABS) Market?
What was the impact of Covid-19 on the Acrylonitrile Butadiene Styrene(ABS) Market?
At last, the study gives out details about the major challenges that are going to impact market growth. They also report provides comprehensive details about the business opportunities to key stakeholders to grow their business and raise revenues in the precise verticals. The report will aid the company's existing or intend to join in this market to analyze the various aspects of this domain before investing or expanding their business in the Acrylonitrile Butadiene Styrene(ABS) markets.
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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