Press release
Acrylonitrile Butadiene Styrene Market size was worth USD 38 billion by 2024: Global Market Insights, Inc.
Positive outlook towards lightweight & high-performance plastics owing to their flexible features having employability across various applications should drive global acrylonitrile butadiene styrene market size growth. Providing customized designs and finished products with strength equivalent to steel are the key features driving ABS demand.
ABS market buyers include plastic assembling organizations that manufacture plastic components for industries like construction, automotive, electrical & electronics, and appliances. North America demand is mainly driven by electrical & electronics industry growth. In terms of revenue, the segment was worth over USD 700 million in 2015. U.S. acrylonitrile butadiene styrene market size has witnessed significant growth due to rising demand from appliances and electronic & electric goods.
Request for Sample of This Research Report@
https://www.gminsights.com/request-sample/detail/734
Product innovation and development in home appliances and consumer electronic goods supported by the presence of major manufacturing companies is anticipated to stimulate the regional growth. U.S. ABS demand for appliance applications was valued at over USD 570 million in 2015.
Electric & electronics industry has witnessed immense growth since past few years; the rise in consumer purchasing power and change in living style are major factors positively influencing this industry’s progress. The application may observe growth of over 3% up to 2024.
Aesthetic appearance properties, design flexibility, and corrosion resistance are key features enhancing acrylonitrile butadiene styrene demand. Major electric & electronics production lines include personal computers, telephones, television, radio, and printers.
Europe backed by the UK and Germany acrylonitrile butadiene styrene market size may observe notable growth. The region expects highest progress in the automotive sector with over 4% growth up to 2024.
Inquire for Buying This Industry Report@
https://www.gminsights.com/inquiry-before-buying/734
The presence of various alternatives, including polystyrene (PS), polypropylene (PP), polyurethane (PU), high impact polystyrene (HIPS), and general purpose polystyrene (GPPS), accompanied by raw material issues may affect acrylonitrile butadiene styrene market price trend.
Key insights from the report include:
APAC acrylonitrile butadiene styrene market in automotive applications was valued at over USD 2 billion in 2015. Automotive production capacity expansion in China, Taiwan, India, Indonesia, and Thailand should fuel regional growth.
Consumer goods application may witness a growth of over 3% CAGR. Rising demand for plastic boxes, luggage bags, protective headgears, and toys should influence ABS demand in this application.
Latin America with automotive industry growth in Mexico, Argentina, and Brazil may observe strong gains. Brazil automotive applications are projected to grow at over 2%.
With a highly competitive industry, strong buyer leverage has had an impact on profitability, the scope of offering customized designs, enhancing vehicle aesthetics makes will be critical. Moreover, it helps in reducing GHG emissions being lightweight and has made a positive impact on environment regulatory bodies.
Global acrylonitrile butadiene styrene market share is consolidated as top four companies held over 60% in 2015. Major industry participants are Chei Mei Corporation, LG Chemical, Styrolution, Kumho Petrochemical Company, and Formosa Plastic Company.
Key players in the ABS industry are steadily consolidating, with mergers and acquisitions, which is the most straightforward alternative for expanding and diminishing rivalry. For instance, BASF has a joint endeavor with Ineos called Styrolution, which consolidates the styrenic business of both the organizations.
Browse key industry insights spread across 150 pages with 50 market data tables & 10 figures& charts from the report, “Acrylonitrile Butadiene Styrene (ABS) Market Size By Application (Electrical and Electronics, Appliances, Automotive, Construction, Consumer Goods), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, Taiwan, South Korea, Indonesia, Thailand, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/acrylonitrile-butadiene-styrene-ABS-market
Global Market Insights has segmented the acrylonitrile butadiene styrene industry on the basis of application and region:
Acrylonitrile butadiene styrene application Analysis (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Appliances
Electrical & Electronics
Automotive
Consumer goods
Construction
Others (recorders, plastic clarinets, packaging, and lawn and garden equipment products)
Acrylonitrile butadiene styrene Regional Analysis (Volume, Million Square Foot; Revenue, USD Million, 2013 - 2024)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Poland
Russia
Asia Pacific
China
India
Japan
South Korea
Thailand
Indonesia
Taiwan
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
UAE
Saudi Arabia
Egypt
Read our insightful industry blogs:
https://gminsights.wordpress.com
http://www.fractovia.org
Contact Us:
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web:https://www.gminsights.com
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.
29L Atlantic Avenue, Suite L 105
Ocean View, Delaware
This release was published on openPR.
Permanent link to this press release:
Copy
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 Acrylonitrile Butadiene Styrene Market size was worth USD 38 billion by 2024: Global Market Insights, Inc. here
News-ID: 382306 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
