Press release
Recycled ABS Resins Market Research on Present State & Future Growth Prospects to 2029 | LG Chem, Toray, SABIC, Lotte Chemical
Los Angeles, (United States) - Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global Recycled ABS Resins market size in terms of revenue is projected to reach 1,971.58 Million USD by 2030 from 1,200.42 Million USD in 2023, with a CAGR 7.35% during 2023-2030. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Recycled ABS Resins market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Recycled ABS Resins market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Recycled ABS Resins market.North America market for Recycled ABS Resins is estimated to increase from 298.51 million USD in 2023 to reach 460.99 million USD by 2030, at a CAGR of 6.40% during the forecast period of 2023 through 2030. Europe market for Recycled ABS Resins is estimated to increase from 310.91 million USD in 2023 to reach 504.83 million USD by 2030, at a CAGR of 7.17% during the forecast period of 2023 through 2030. Asia-Pacific market for Recycled ABS Resins is estimated to increase from 529.11 million USD in 2023 to reach 905.32 million USD by 2030, at a CAGR of 7.97% during the forecast period of 2023 through 2030.
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The major global manufacturers of Recycled ABS Resins include CHIMEI, LG Chem, Lotte Chemical, Toray, Techno-UMG (JSR), MBA Polymers, INEOS Styrolution, Formosa Chemicals, Trinseo, SABIC, etc. In 2022, the world's top five vendors accounted for approximately 39.13% of the revenue.
The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.
Recycled ABS Resins Market Report Scope and Research Methodology :
Before delving into the scope of Recycled ABS Resins market reports, it is crucial to comprehend the vastness of the Recycled ABS Resins industry. This sector encompasses an extensive array of products, from basic chemicals like acids, alkalis, and polymers to specialty chemicals used in various industries such as pharmaceuticals, agriculture, and cosmetics. Moreover, materials range from metals, plastics, and ceramics to composites, nanomaterials, and biomaterials. This diversity makes the Recycled ABS Resins industry highly dynamic and adaptable.
A Research Methodology is a comprehensive document that analyzes and presents the current and future trends, opportunities, challenges, and advancements in research methods, tools, and technologies. It encompasses a wide range of topics related to research, including data collection, analysis, interpretation, and reporting. These reports serve as a valuable resource for researchers, businesses, and academic institutions, helping them stay up-to-date with the latest developments in the field.
Recycled ABS Resins Market Segmentation:
Segment by Type
Post-Consumer Recycled ABS
Post-Industrial Recycled ABS
Segment by Application
Automotive
Electronics and Electrical Appliances
Packaging
Consumer Goods
Construction
Medical Equipment
Others
Competitive Landscape: -
Analyze the competitive dynamics of the Recycled ABS Resins market by identifying key players, their market shares, and strategies. Highlight their strengths and weaknesses, recent developments, partnerships, mergers, and acquisitions.
CHIMEI
LG Chem
Lotte Chemical
Toray
Techno-UMG (JSR)
MBA Polymers
INEOS Styrolution
Formosa Chemicals
Trinseo
SABIC
Guangdong Rhino New Material Technology
ELIX Polymers
Axion
Veolia
Zhaoqing Hongzhan Hardware Plastic
Versalis (Eni)
GRM Polymer
Jiangxi Green Recycling (GER)
CT Polymers
SAX Polymers (Hromatka)
Kinggor
Regional Insights
Asia-Pacific: The Asia-Pacific region dominates the Recycled ABS Resins market, driven by rapid industrialization in countries like China and India. The region benefits from low-cost labor, favourable government policies, and rising consumer demand.
North America: The North American Recycled ABS Resins market is characterized by technological advancements, a focus on sustainability, and the presence of key players. The United States leads in chemical production, with a strong emphasis on research and development.
Europe: Europe has a mature Recycled ABS Resins industry, with a focus on eco-friendly and sustainable practices. The region's stringent regulations drive innovation in green chemistry and bio-based materials.
Latin America and Middle East/Africa: These regions offer significant growth opportunities due to expanding industrial sectors, favorable investment policies, and increasing consumer demand.
Recycled ABS Resins Market Drivers and Challenges:
Identify and elaborate on the factors that are propelling Recycled ABS Resins market growth. These could include technological advancements, rising demand from various industries, regulatory changes, and shifting consumer preferences. Discuss the obstacles and challenges hindering the Recycled ABS Resins market's growth potential. This could encompass regulatory hurdles, environmental concerns, economic fluctuations, and supply chain disruptions.
Recycled ABS Resins Market Trends and Opportunities:
Highlight the latest trends shaping the Recycled ABS Resins market. This might encompass sustainable and eco-friendly materials, digitization and automation, and evolving R&D practices. Identify untapped opportunities within the Recycled ABS Resins sector. This could involve niche markets, emerging applications, or gaps in the current product offerings.
Emerging Markets:
Emerging markets, such as Southeast Asia, Eastern Europe, and parts of Africa, offer immense growth opportunities for Recycled ABS Resins companies. These regions are witnessing rapid industrialization, urbanization, and a rising middle class. To tap into these markets successfully, companies must navigate diverse regulatory landscapes and adapt to local preferences and practices.
Importance of a Market Synopsis:
Decision Making: A well-prepared Recycled ABS Resins market synopsis helps businesses, investors, and professionals make informed decisions. It provides a comprehensive understanding of the Recycled ABS Resins market landscape, enabling stakeholders to identify potential risks and opportunities.
Competitive Analysis: By examining the competitive landscape, a Recycled ABS Resins market synopsis allows businesses to benchmark themselves against industry leaders and identify areas for improvement or differentiation. It facilitates strategic planning and Recycled ABS Resins market positioning.
Market Entry: For companies considering entering a new market or launching a new product, a Recycled ABS Resins market synopsis provides valuable insights into market size, customer needs, and competitive factors. It guides businesses in developing effective market entry strategies.
Investment Decisions: Investors rely on Recycled ABS Resins market synopses to evaluate the feasibility and potential returns of investment opportunities. The synopsis helps them assess the market's growth prospects, competitive intensity, and long-term viability.
Knowledge Sharing: Recycled ABS Resins Market synopses serve as valuable resources for industry research, academic studies, and knowledge sharing among professionals. They provide a concise summary of Recycled ABS Resins market dynamics, making complex information accessible to a broader audience.
In summary, a market synopsis is a concise yet comprehensive summary of a Recycled ABS Resins market's current state, trends, and future outlook. It helps stakeholders gain a holistic understanding of the Recycled ABS Resins market, make informed decisions, and capitalize on emerging opportunities.
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Table of Content
1 Recycled ABS Resins Market Overview 1
1.1 Recycled ABS Resins Product Overview 1
1.2 Recycled ABS Resins Market by Type 4
1.2.1 Post-Consumer Recycled ABS 4
1.2.2 Post-Industrial Recycled ABS 6
1.3 Global Recycled ABS Resins Market Size by Type 7
1.3.1 Global Recycled ABS Resins Market Size Overview by Type (2018-2030) 8
1.3.2 Global Recycled ABS Resins Historic Market Size Review by Type (2018-2023) 9
1.3.3 Global Recycled ABS Resins Forecasted Market Size by Type (2024-2030) 10
1.4 Key Regions Market Size by Type 12
1.4.1 North America Recycled ABS Resins Sales Breakdown by Type (2018-2023) 12
1.4.2 Europe Recycled ABS Resins Sales Breakdown by Type (2018-2023) 13
1.4.3 Asia-Pacific Recycled ABS Resins Sales Breakdown by Type (2018-2023) 15
1.4.4 Latin America Recycled ABS Resins Sales Breakdown by Type (2018-2023) 17
1.4.5 Middle East and Africa Recycled ABS Resins Sales Breakdown by Type (2018-2023) 19
2 Recycled ABS Resins Market Competition by Company 22
2.1 Global Top Players by Recycled ABS Resins Sales (2018-2023) 22
2.2 Global Top Players by Recycled ABS Resins Revenue (2018-2023) 24
2.3 Global Top Players by Recycled ABS Resins Price (2018-2023) 26
2.4 Global Top Manufacturers Recycled ABS Resins Manufacturing Base Distribution, Sales Area, Product Type 27
2.5 Recycled ABS Resins Market Competitive Situation and Trends 28
2.5.1 Recycled ABS Resins Market Concentration Rate (2018-2023) 28
2.5.2 Global 5 and 10 Largest Manufacturers by Recycled ABS Resins Sales and Revenue in 2022 29
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Recycled ABS Resins as of 2022) 30
2.7 Date of Key Manufacturers Enter into Recycled ABS Resins Market 32
2.8 Key Manufacturers Recycled ABS Resins Product Offered 33
2.9 Mergers & Acquisitions, Expansion 34
3 Recycled ABS Resins Status and Outlook by Region 36
3.1 Global Recycled ABS Resins Market Size and CAGR by Region: 2018 VS 2023 VS 2030 36
3.2 Global Recycled ABS Resins Historic Market Size by Region 36
3.2.1 Global Recycled ABS Resins Sales in Volume by Region (2018-2023) 36
3.2.2 Global Recycled ABS Resins Sales in Value by Region (2018-2023) 37
3.2.3 Global Recycled ABS Resins Sales (Volume & Value), Price and Gross Margin (2018-2023) 38
3.3 Global Recycled ABS Resins Forecasted Market Size by Region 38
3.3.1 Global Recycled ABS Resins Sales in Volume by Region (2024-2030) 38
3.3.2 Global Recycled ABS Resins Sales in Value by Region (2024-2030) 39
3.3.3 Global Recycled ABS Resins Sales (Volume & Value), Price and Gross Margin (2024-2030) 40
4 Recycled ABS Resins by Application 41
4.1 Recycled ABS Resins Market by Application 41
4.1.1 Automobile 41
4.1.2 Electronics and Electrical Appliances 43
4.1.3 Packaging 44
4.1.4 Consumer Goods 45
4.1.5 Construction 46
4.1.6 Medical Equipment 47
4.1.7 Others 48
4.2 Global Recycled ABS Resins Market Size by Application 50
4.2.1 Global Recycled ABS Resins Market Size Overview by Application (2018-2030) 50
4.2.2 Global Recycled ABS Resins Historic Market Size Review by Application (2018-2023) 52
4.2.3 Global Recycled ABS Resins Forecasted Market Size by Application (2024-2030) 54
4.3 Key Regions Market Size by Application 56
4.3.1 North America Recycled ABS Resins Sales Breakdown by Application (2018-2023) 56
4.3.2 Europe Recycled ABS Resins Sales Breakdown by Application (2018-2023) 58
4.3.3 Asia-Pacific Recycled ABS Resins Sales Breakdown by Application (2018-2023) 60
4.3.4 Latin America Recycled ABS Resins Sales Breakdown by Application (2018-2023) 62
4.3.5 Middle East and Africa Recycled ABS Resins Sales Breakdown by Application (2018-2023) 64
5 North America Recycled ABS Resins by Country 67
5.1 North America Recycled ABS Resins Historic Market Size by Country 67
5.1.1 North America Recycled ABS Resins Market Size Growth Rate (CAGR) by Country: 2018 VS 2023 VS 2030 67
5.1.2 North America Recycled ABS Resins Sales in Volume by Country (2018-2023) 67
5.1.3 North America Recycled ABS Resins Sales in Value by Country (2018-2023) 68
5.2 North America Recycled ABS Resins Forecasted Market Size by Country 68
5.2.1 North America Recycled ABS Resins Sales in Volume by Country (2024-2030) 68
5.2.2 North America Recycled ABS Resins Sales in Value by Country (2024-2030) 69
6 Europe Recycled ABS Resins by Country 70
6.1 Europe Recycled ABS Resins Historic Market Size by Country 70
6.1.1 Europe Recycled ABS Resins Market Size Growth Rate (CAGR) by Country: 2018 VS 2023 VS 2030 70
6.1.2 Europe Recycled ABS Resins Sales in Volume by Country (2018-2023) 70
6.1.3 Europe Recycled ABS Resins Sales in Value by Country (2018-2023) 71
6.2 Europe Recycled ABS Resins Forecasted Market Size by Country 72
6.2.1 Europe Recycled ABS Resins Sales in Volume by Country (2024-2030) 72
6.2.2 Europe Recycled ABS Resins Sales in Value by Country (2024-2030) 73
7 Asia-Pacific Recycled ABS Resins by Region 74
7.1 Asia-Pacific Recycled ABS Resins Historic Market Size by Region 74
7.1.1 Asia-Pacific Recycled ABS Resins Market Size Growth Rate (CAGR) by Region: 2018 VS 2023 VS 2030 74
7.1.2 Asia-Pacific Recycled ABS Resins Sales in Volume by Region (2018-2023) 74
7.1.3 Asia-Pacific Recycled ABS Resins Sales in Value by Region (2018-2023) 75
7.2 Asia-Pacific Recycled ABS Resins Forecasted Market Size by Region 76
7.2.1 Asia-Pacific Recycled ABS Resins Sales in Volume by Region (2024-2030) 76
7.2.2 Asia-Pacific Recycled ABS Resins Sales in Value by Region (2024-2030) 77
8 Latin America Recycled ABS Resins by Country 78
8.1 Latin America Recycled ABS Resins Historic Market Size by Country 78
8.1.1 Latin America Recycled ABS Resins Market Size Growth Rate (CAGR) by Country: 2018 VS 2023 VS 2030 78
8.1.2 Latin America Recycled ABS Resins Sales in Volume by Country (2018-2023) 78
8.1.3 Latin America Recycled ABS Resins Sales in Value by Country (2018-2023) 79
8.2 Latin America Recycled ABS Resins Forecasted Market Size by Country 79
8.2.1 Latin America Recycled ABS Resins Sales in Volume by Country (2024-2030) 79
8.2.2 Latin America Recycled ABS Resins Sales in Value by Country (2024-2030) 80
9 Middle East and Africa Recycled ABS Resins by Country 81
9.1 Middle East and Africa Recycled ABS Resins Historic Market Size by Country 81
9.1.1 Middle East and Africa Recycled ABS Resins Market Size Growth Rate (CAGR) by Country: 2018 VS 2023 VS 2030 81
9.1.2 Middle East and Africa Recycled ABS Resins Sales in Volume by Country (2018-2023) 81
9.1.3 Middle East and Africa Recycled ABS Resins Sales in Value by Country (2018-2023) 82
9.2 Middle East and Africa Recycled ABS Resins Forecasted Market Size by Country 83
9.2.1 Middle East and Africa Recycled ABS Resins Sales in Volume by Country (2024-2030) 83
9.2.2 Middle East and Africa Recycled ABS Resins Sales in Value by Country (2024-2030) 84
10 Company Profiles 85
10.1 CHIMEI 85
10.1.1 CHIMEI Company Information 85
10.1.2 CHIMEI Introduction and Business Overview 85
10.1.3 CHIMEI Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 86
10.1.4 CHIMEI Recycled ABS Resins Products Offered 86
10.1.5 CHIMEI Recent Development 87
10.2 LG Chem 88
10.2.1 LG Chem Company Information 88
10.2.2 LG Chem Introduction and Business Overview 88
10.2.3 LG Chem Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 89
10.2.4 LG Chem Recycled ABS Resins Products Offered 89
10.2.5 LG Chem Recent Development 90
10.3 Lotte Chemical 90
10.3.1 Lotte Chemical Company Information 90
10.3.2 Lotte Chemical Introduction and Business Overview 91
10.3.3 Lotte Chemical Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 91
10.3.4 Lotte Chemical Recycled ABS Resins Products Offered 92
10.3.5 Lotte Chemical Recent Development 92
10.4 Toray 93
10.4.1 Toray Company Information 93
10.4.2 Toray Introduction and Business Overview 94
10.4.3 Toray Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 94
10.4.4 Toray Recycled ABS Resins Products Offered 94
10.4.5 Toray Recent Development 95
10.5 Techno-UMG (JSR) 96
10.5.1 Techno-UMG (JSR) Company Information 96
10.5.2 Techno-UMG (JSR) Introduction and Business Overview 96
10.5.3 Techno-UMG (JSR) Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 97
10.5.4 Techno-UMG (JSR) Recycled ABS Resins Products Offered 97
10.6 MBA Polymers 98
10.6.1 MBA Polymers Company Information 98
10.6.2 MBA Polymers Introduction and Business Overview 99
10.6.3 MBA Polymers Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 99
10.6.4 MBA Polymers Recycled ABS Resins Products Offered 99
10.6.5 MBA Polymers Recent Development 100
10.7 INEOS Styrolution 100
10.7.1 INEOS Styrolution Company Information 100
10.7.2 INEOS Styrolution Introduction and Business Overview 101
10.7.3 INEOS Styrolution Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 101
10.7.4 INEOS Styrolution Recycled ABS Resins Products Offered 101
10.7.5 INEOS Styrolution Recent Development 102
10.8 Formosa Chemicals 102
10.8.1 Formosa Chemicals Company Information 102
10.8.2 Formosa Chemicals Introduction and Business Overview 103
10.8.3 Formosa Chemicals Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 104
10.8.4 Formosa Chemicals Recycled ABS Resins Products Offered 104
10.8.5 Formosa Chemicals Recent Development 104
10.9 Trinseo 105
10.9.1 Trinseo Company Information 105
10.9.2 Trinseo Introduction and Business Overview 106
10.9.3 Trinseo Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 106
10.9.4 Trinseo Recycled ABS Resins Products Offered 107
10.9.5 Trinseo Recent Development 107
10.10 SABIC 108
10.10.1 SABIC Company Information 108
10.10.2 SABIC Introduction and Business Overview 109
10.10.3 SABIC Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 109
10.10.4 SABIC Recycled ABS Resins Products Offered 109
10.10.5 SABIC Recent Development 110
10.11 Rhino 110
10.11.1 Rhino Company Information 110
10.11.2 Rhino Introduction and Business Overview 111
10.11.3 Rhino Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 112
10.11.4 Rhino Recycled ABS Resins Products Offered 112
10.12 ELIX Polymers 112
10.12.1 ELIX Polymers Company Information 113
10.12.2 ELIX Polymers Introduction and Business Overview 113
10.12.3 ELIX Polymers Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 114
10.12.4 ELIX Polymers Recycled ABS Resins Products Offered 114
10.12.5 ELIX Polymers Recent Development 114
10.13 Axion Ltd 115
10.13.1 Axion Ltd Company Information 115
10.13.2 Axion Ltd Introduction and Business Overview 116
10.13.3 Axion Ltd Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 117
10.13.4 Axion Ltd Recycled ABS Resins Products Offered 117
10.13.5 Axion Ltd Recent Development 118
10.14 Veolia 118
10.14.1 Veolia Company Information 118
10.14.2 Veolia Introduction and Business Overview 119
10.14.3 Veolia Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 119
10.14.4 Veolia Recycled ABS Resins Products Offered 120
10.14.5 Veolia Recent Development 121
10.15 Zhaoqing Hongzhan Hardware Plastic 121
10.15.1 Zhaoqing Hongzhan Hardware Plastic Company Information 121
10.15.2 Zhaoqing Hongzhan Hardware Plastic Introduction and Business Overview 122
10.15.3 Zhaoqing Hongzhan Hardware Plastic Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 123
10.15.4 Zhaoqing Hongzhan Hardware Plastic Recycled ABS Resins Products Offered 123
10.16 Versalis 123
10.16.1 Versalis Company Information 124
10.16.2 Versalis Introduction and Business Overview 124
10.16.3 Versalis Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 125
10.16.4 Versalis Recycled ABS Resins Products Offered 125
10.16.5 Versalis Recent Development 125
10.17 Green Recycled&Modified Polymer Co Ltd (GRM) 126
10.17.1 Green Recycled&Modified Polymer Co Ltd (GRM) Company Information 126
10.17.2 Green Recycled&Modified Polymer Co Ltd (GRM) Introduction and Business Overview 127
10.17.3 Green Recycled&Modified Polymer Co Ltd (GRM) Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 127
10.17.4 Green Recycled&Modified Polymer Co Ltd (GRM) Recycled ABS Resins Products Offered 128
10.18 Jiangxi Green Recycling 129
10.18.1 Jiangxi Green Recycling Company Information 129
10.18.2 Jiangxi Green Recycling Introduction and Business Overview 130
10.18.3 Jiangxi Green Recycling Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 130
10.18.4 Jiangxi Green Recycling Recycled ABS Resins Products Offered 131
10.18.5 Jiangxi Green Recycling Recent Development 131
10.19 CT Polymers 132
10.19.1 CT Polymers Company Information 132
10.19.2 CT Polymers Introduction and Business Overview 133
10.19.3 CT Polymers Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 133
10.19.4 CT Polymers Recycled ABS Resins Products Offered 134
10.19.5 CT Polymers Recent Development 134
10.20 SAX Polymers Industries 134
10.20.1 SAX Polymers Industries Company Information 134
10.20.2 SAX Polymers Industries Introduction and Business Overview 135
10.20.3 SAX Polymers Industries Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 136
10.20.4 SAX Polymers Industries Recycled ABS Resins Products Offered 136
10.20.5 SAX Polymers Industries Recent Development 137
10.21 Kinggor 138
10.21.1 Kinggor Company Information 138
10.21.2 Kinggor Introduction and Business Overview 138
10.21.3 Kinggor Recycled ABS Resins Sales, Revenue and Gross Margin (2018-2023) 139
10.21.4 Kinggor Recycled ABS Resins Products Offered 140
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis 141
11.1 Recycled ABS Resins Key Raw Materials 141
11.1.1 Key Raw Materials 141
11.1.2 Key Raw Materials Price 141
11.2 Manufacturing Cost Structure 142
11.2.1 Raw Materials 142
11.2.2 Labor Cost 142
11.2.3 Manufacturing Expenses 142
11.3 Recycled ABS Resins Industrial Chain Analysis 143
11.4 Recycled ABS Resins Market Dynamics 143
11.4.1 Recycled ABS Resins Industry Trends 143
11.4.2 Recycled ABS Resins Market Drivers 144
11.4.3 Recycled ABS Resins Market Challenges 145
11.4.4 Recycled ABS Resins Market Restraints 146
11.4.5 Recycled ABS Resins Market Related Regulations 147
12 Marketing Strategy Analysis, Distributors 159
12.1 Sales Channel 159
12.2 Recycled ABS Resins Distributors 160
12.3 Recycled ABS Resins Downstream Customers 161
13 Research Findings and Conclusion 162
14 Appendix 164
14.1 Research Methodology 164
14.1.1 Methodology/Research Approach 164
14.1.2 Data Source 167
14.2 Author Details 170
14.3 Disclaimer 173
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