Acrylonitrile Butadiene Styrene Abs Market: 2024 Global Type, Application, Trends, Demand Service, Share, Industry Size, Growth, Region, Opportunities and Forecast to 2031 | BASF SE, 3M, Covestro AG, INEOS.

Global Acrylonitrile Butadiene Styrene (ABS) Market reached US$ 27.0 billion in 2023 and is expected to reach US$ 45.1 billion by 2031, growing with a CAGR of 6.8% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Acrylonitrile Butadiene Styrene Abs Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Acrylonitrile Butadiene Styrene Abs market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

The Acrylonitrile Butadiene Styrene (ABS) Market refers to the industry focused on the production, distribution, and consumption of ABS, a versatile thermoplastic polymer known for its strength, durability, and impact resistance. ABS is widely used in various applications, including automotive components, consumer goods, electronics, and construction materials. The growing demand for high-performance plastics in multiple sectors is driving significant growth in the ABS market.

Key Developments:

On January 31, 2022, INEOS Styrolution, a leading global styrenics manufacturer, commenced the production of Acrylonitrile Butadiene Styrene (ABS) at its Wingles facility in France, converting an existing polystyrene line. This expansion establishes Wingles as the third ABS production site in Europe, joining Antwerp, Belgium, and Cologne, Germany. With an annual capacity of 50,000 tons, this move aims to meet the increasing demand for ABS across various European industries, including construction, compounding, household products, and automotive applications.

On April 24, 2022, Trinseo, known for its material solutions and production of plastics and latex binders, introduced a more sustainable version of its popular MAGNUM ABS resins tailored for the automotive industry. The launch of MAGNUM BIO ABS further expands Trinseo's portfolio of eco-friendly materials specifically designed for automotive applications.

On June 2, 2021, Nexeo Plastics partnered with Covestro to unveil Addigy FPB 2684 3D, a new Polycarbonate/ABS 3D printing filament that boasts superior UV resistance, making it suitable for outdoor applications. This innovative material provides the highest thermal resistance (122 degrees Celsius) in its category of easy-to-print materials, making it ideal for producing large parts and enabling continuous 3D printing.

Forecast Growth Projected:

The Global Acrylonitrile Butadiene Styrene Abs Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Acrylonitrile Butadiene Styrene Abs Market:

BASF SE, 3M, Covestro AG, INEOS, SABIC, LG Chem Ltd., Chi Mei Corporation, Kumho Petrochemical, Formosa Chemicals & Fibre Corporation and Toray Industries, Inc.

Segment Covered in the Acrylonitrile Butadiene Styrene Abs Market:

By Type: Opaque, Transparent, Colored.

By Grade: High Impact, Heat Resistant, Flame Retardant, Electroplatable, Gloss, Platable, Composite Grade, Others.

By Manufacturing Process: Emulsion Polymerization, Mass Polymerization, Continuous Polymerization, Others.

By Technology: Extrusion, Injection Molding, Blow Molding, Others.

By Application: Dashboard Components, Door liners and Handles, Seat backs, seat belt components, Electronic Enclosures, Computer Keyboards, Plumbing Fittings, Water Filter Casings, Kitchen Appliances, Sanitary Products, Others.

By End-User: Appliances, Electrical and Electronics, Automotive, Consumer Goods, Building and Construction, Sports Equipment, Musical Instruments, Others.

Regional Analysis:

The global Acrylonitrile Butadiene Styrene Abs Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Acrylonitrile Butadiene Styrene Abs Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Acrylonitrile Butadiene Styrene Abs Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Acrylonitrile Butadiene Styrene Abs manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Acrylonitrile Butadiene Styrene Abs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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The research study aims to address the following key questions:

➡What is the expected growth rate of the Acrylonitrile Butadiene Styrene Abs Market during the forecast period of 2031?

➡What key factors are driving the Acrylonitrile Butadiene Styrene Abs Market across various regions?

➡Who are the leading vendors in the Acrylonitrile Butadiene Styrene Abs industry, and what strategies contribute to their success?

➡What is the anticipated market scope for the projected period?

➡What major trends are influencing the industry's growth in the coming years?

➡What challenges does the Acrylonitrile Butadiene Styrene Abs Market face?

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