Press release
Acrylonitrile Butadiene Styrene Market Projected to Hit USD 35.15 billion by 2034, Expanding at a 4.7% CAGR
๐๐๐ซ๐ฒ๐ฅ๐จ๐ง๐ข๐ญ๐ซ๐ข๐ฅ๐ ๐๐ฎ๐ญ๐๐๐ข๐๐ง๐ ๐๐ญ๐ฒ๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญAcrylonitrile Butadiene Styrene -Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global acrylonitrile butadiene styrene market was estimated to be worth USD 22.32 billion in 2024 and is predicted to expand to USD 35.15 billion by 2034, with a CAGR of 4.7%, from 2025 to 2034.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide acrylonitrile butadiene styrene industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product type, end-user, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/acrylonitrile-butadiene-styrene-abs-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Acrylonitrile butadiene styrene is a customary thermoplastic polymer normally utilized for injection molding applications. This engineering plastic is favored because of its cost-effectiveness and the comfort with which the substance is machined by plastic makers. The desired attributes are not impacted by its cost-effectiveness and workability.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
๐ Adequate chemical aversion, maturing aversion, solidity, gloss, and inflexibility are offered by acrylonitrile. It finds extensive usage in 3D printing, and injection molded plastic production due to its low melting temperature and elevated workability.
๐ The escalating consumer longing for weightless cars has induced invention in the automotive sector. The substances such as acrylonitrile butadiene rubber and other thermoplastic polymers can be detected in dashboards, exterior panels, bumpers, and other constituents of automobiles.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
According to the market perspective, it is expected that most multinational corporations will augment their polymer offerings to the Asia Pacific, Central & South America, and the Middle East & Africa. Here are the top companies in the acrylonitrile butadiene styrene market:
โข Chi Mei Corporation
โข LyondellBasell Industries Holdings BV
โข Mitsui Chemicals, Inc.
โข The 3M Company
โข Ravago Americas LLC
โข Covestro AG
โข Kumho Petrochemical Co., Ltd.
โข Teijin Limited
โข Trinseo
โข DuPont de Nemours, Inc.
โข Ineos Group Ltd.
โข Formosa Chemicals & Fibre Corp.
โข LG Chem Ltd.
โข SABIC
โข BASF SE
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/acrylonitrile-butadiene-styrene-abs-market/inquire-before-buying
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐๐๐ซ๐ฒ๐ฅ๐จ๐ง๐ข๐ญ๐ซ๐ข๐ฅ๐ ๐๐ฎ๐ญ๐๐๐ข๐๐ง๐ ๐๐ญ๐ฒ๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
โ Based on product type, the acrylonitrile butadiene styrene market is segmented into transparent, opaque, and colored. In 2024, the opaque segment accounted for almost 43.2% of total revenue share and dominated the market, and it is predicted to retain its dominance during the forecast period.
โ The acrylonitrile butadiene styrene market, based on end-user type, is segmented into construction, consumer goods, automotive, electricals and electronics, appliances, and others. In 2024, the appliances segment dominated the market, accounting for more than 28.4% of total revenue share. The requirement for ABS in the appliance industry is expected to rise due to increased demand for home appliances such as washing machines, dryers, and microwave ovens, as well as surging consumer spending on appliances.
โ In 2024, Asia Pacific dominated the market, accounting for approximately 33.5% of total revenue share. The growth of the construction industry is attributed to rising cash flow and increasing government investments in major infrastructure projects, which accounts for its volume and income dominance.
โ North America held the second-largest revenue share of the global market in 2024. Owing to increased automobile production and the presence of several key market participants, the region's automotive sector is expected to expand dramatically, boosting the acrylonitrile butadiene styrene market development.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional research, Asia Pacific dominated the market. The region's growth is aided by the augmentation of the construction industry because of surging cash flow and growing government funding in prominent infrastructure projects. Also, North America is anticipated to emerge as the fastest-growing region in the acrylonitrile butadiene styrene market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/acrylonitrile-butadiene-styrene-abs-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค :
๐น Acrylonitrile Butadiene Styrene Market, Product Type Outlook (Revenue - USD Billion, 2020-2034)
โข Transparent
โข Opaque
โข Colored
๐น Acrylonitrile Butadiene Styrene Market, End-User Outlook (Revenue - USD Billion, 2020-2034)
โข Construction
โข Consumer Goods
โข Automotive
โข Electrical and Electronics
โข Appliances
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Renewable Methanol Market:
https://www.polarismarketresearch.com/industry-analysis/renewable-methanol-market
Tablet Coatings Market:
https://www.polarismarketresearch.com/industry-analysis/tablet-coatings-market
Resilient Flooring Market:
https://www.polarismarketresearch.com/industry-analysis/resilient-flooring-market
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https://www.polarismarketresearch.com/industry-analysis/aroma-chemicals-market
Sodium Chlorite Market:
https://www.polarismarketresearch.com/industry-analysis/sodium-chlorite-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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