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Global ASA Resin Market Forecasted to Reach $1.57 Billion by 2031, Growing at 5.14% CAGR | LG Chem, Ineos Styrolution, SABIC, Techno-UMG

04-08-2025 08:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QYResearch Inc.

Global ASA Resin Market Forecasted to Reach $1.57 Billion

Los Angeles, United State: The global ASA Resin Market is extensively studied in the report with the intention of helping players to take crucial bottom-line decisions and create strategic action plans. Analysts authoring the report have provided comprehensive and reliable research studies on market feasibility, product positioning, market competition, market positioning, market entry strategies, and various other important subjects. The report also offers accurate and validated forecasts and estimates of the global ASA Resin market. Importantly, players can use it to access industry-best country-specific market intelligence, merger and acquisition target identification studies, intellectual property research, investment research, opportunity analysis, benchmarking studies, and company profiling.

The global market for ASA Resin was valued at US$ 1.11 billion in 2024 and is forecast to a readjusted size of US$ 1.57 billion by 2031 with a CAGR of 5.14% during the forecast period 2025-2031.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample/3435262

North American market for ASA Resin was valued at $ 252.21 million in 2024 and will reach $ 354.63 million by 2031, at a CAGR of 5.05% during the forecast period of 2025 through 2031.

Asia-Pacific market for ASA Resin was valued at $ 598.02 million in 2024 and will reach $ 892.05 million by 2031, at a CAGR of 6.06% during the forecast period of 2025 through 2031.

Europe market for ASA Resin was valued at $ 183.62 million in 2024 and will reach $ 234.01 million by 2031, at a CAGR of 3.48% during the forecast period of 2025 through 2031.

The global key companies of ASA Resin include LG Chem, Ineos Styrolution, SABIC, Techno-UMG, NIPPON A&L, KUMHO-SUNNY, FCFC, Qingdao future Chemical, LOTTE Advanced Materials, CHIMEI, etc. In 2024, the global five largest players hold a share approximately 65.88% in terms of revenue.

Market Dynamics

The report offers brilliant and highly detailed market dynamics research that sheds light on critical growth factors, trends, opportunities, restraints, and challenges that players may face in the near future when operating in the global ASA Resin market. This research could help players to identify profit-making opportunities available in the global ASA Resin market. Moreover, players could use it to make the much-needed improvements in their business or operation to gain competitive advantage in the global ASA Resin market. The market dynamics study included in the report is prepared taking into consideration a number of factors that impact the growth of the global ASA Resin market.

Market Segments:

Market segmentation is another exhaustive, significant study included in the report that provides thorough analysis of key product and application segments of the global ASA Resin market. With the help of this study, readers could gain sound understanding of the growth pattern as well as future growth potential of different market segments. In the market segmentation study, the authors of the report have provided accurate market figures such as CAGR and market size of all the segments analyzed. The study also shows how segments are gaining or losing growth in different regions and countries.

Details of ASA Resin Market Segmentation: -

Segment by Key players:

LG Chem
Ineos Styrolution
SABIC
Techno-UMG
NIPPON A&L
KUMHO-SUNNY
CHIMEI
FCFC
Qingdao future Chemical
LOTTE Advanced Materials
Chuangmei Technology
LyondellBasell Industries
Romira
Run Feng
SAX Polymers Industries
KINGFA

Segment by Type:

Extrusion Grade
Heat Resistant Grade
Flame Retardant Grade
General Grade"

Segment by Application:

Automobile
Architectural Engineering
Consumer Electronics and Home Appliances
Others

Regional Analysis:

The report offers a deep geographical study of the global ASA Resin market where growth prospects in key regions and countries are identified to help players expand their market presence. Market drivers for each regional market are broadly analyzed in the report. Moreover, the geographical analysis provided in the report could help readers to become familiar with challenges that are specific to the regional markets analyzed. All the regional and country-wise markets studied in the report are analyzed on the basis of growth rate, value, volume, and other vital factors. This will help readers to gain in-depth knowledge of the regional growth of the ASA Resin market.

Highlights of Report

(1) Market definition, product scope, and overview of the global ASA Resin market

(2) Extensive analysis of market growth, limitations, prospects, risks, and trends

(3) Deep evaluation of market dynamics, including growth drivers, restraints, and opportunities

(4) Comprehensive research on potential changes in sales volume

(5) Competitor analysis with high focus on the business data, product portfolio, market share, and other vital factors that explain the market growth of the players assessed in the report

(6) Special study on changing market dynamics and overall development of the ASA Resin industry

With a view to estimate and verify the size of the global ASA Resin market and various other calculations, our researchers took bottom-up and top-down approaches. They used secondary research to identify key players of the global ASA Resin market. In order to collect key insights about the global ASA Resin market, they interviewed marketing executives, directors, VPs, CEOs, and industry experts. They also gathered information and data from quarterly and annual financial reports of companies. The final qualitative and quantitative data was obtained after analyzing and verifying every parameter affecting the global ASA Resin market and its segments. We used primary sources to verify all breakdowns, splits, and percentage shares after determining them with the help of secondary sources.

Unlock Exclusive Market Insights - Customize Your Research Report Now! https://www.qyresearch.com/customize/3435262

Table of Contents

1 Market Overview 1
1.1 ASA Resin Product Introduction 1
1.2 Global ASA Resin Market Size Forecast 1
1.2.1 Global ASA Resin Sales Value (2020-2031) 2
1.2.2 Global ASA Resin Sales Volume (2020-2031) 3
1.2.3 Global ASA Resin Sales Price (2020-2031) 4
1.3 ASA Resin Market Trends & Drivers 4
1.3.1 ASA Resin Industry Trends 4
1.3.2 ASA Resin Market Drivers & Opportunity 5
1.3.3 ASA Resin Market Challenges 6
1.3.4 ASA Resin Market Restraints 7
1.4 Assumptions and Limitations 7
1.5 Study Objectives 8
1.6 Years Considered 9

2 Competitive Analysis by Company 10
2.1 Global ASA Resin Players Revenue Ranking (2024) 10
2.2 Global ASA Resin Revenue by Company (2020-2025) 11
2.3 Global ASA Resin Players Sales Volume Ranking (2024) 13
2.4 Global ASA Resin Sales Volume by Company Players (2020-2025) 14
2.5 Global ASA Resin Average Price by Company (2020-2025) 16
2.6 Key Manufacturers ASA Resin Manufacturing Base and Headquarters 17
2.7 Key Manufacturers ASA Resin Product Offered 18
2.8 ASA Resin Market Competitive Analysis 19
2.8.1 ASA Resin Market Concentration Rate (2020-2025) 19
2.8.2 Global 3 and 5 Largest Manufacturers by ASA Resin Revenue in 2024 20
2.8.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in ASA Resin as of 2024) 20
2.9 Mergers & Acquisitions, Expansion 22

3 Segmentation by Type 24
3.1 Introduction by Type 24
3.1.1 Extrusion Grade 24
3.1.2 Heat Resistant Grade 24
3.1.3 Flame Retardant Grade 25
3.1.4 General Grade 25
3.2 Global ASA Resin Sales Value by Type 26
3.2.1 Global ASA Resin Sales Value by Type (2020 VS 2024 VS 2031) 26
3.2.2 Global ASA Resin Sales Value, by Type (2020-2031) 27
3.2.3 Global ASA Resin Sales Value, by Type (%) (2020-2031) 27
3.3 Global ASA Resin Sales Volume by Type 28
3.3.1 Global ASA Resin Sales Volume by Type (2020 VS 2024 VS 2031) 28
3.3.2 Global ASA Resin Sales Volume, by Type (2020-2031) 29
3.3.3 Global ASA Resin Sales Volume, by Type (%) (2020-2031) 30
3.4 Global ASA Resin Average Price by Type (2020-2031) 30

4 Segmentation by Application 32
4.1 Introduction by Application 32
4.1.1 Automobile 32
4.1.2 Architectural Engineering 33
4.1.3 Consumer Electronics and Home Appliances 33
4.1.4 Others 34
4.2 Global ASA Resin Sales Value by Application 34
4.2.1 Global ASA Resin Sales Value by Application (2020 VS 2024 VS 2031) 35
4.2.2 Global ASA Resin Sales Value, by Application (2020-2031) 36
4.2.3 Global ASA Resin Sales Value, by Application (%) (2020-2031) 36
4.3 Global ASA Resin Sales Volume by Application 37
4.3.1 Global ASA Resin Sales Volume by Application (2020 VS 2024 VS 2031) 37
4.3.2 Global ASA Resin Sales Volume, by Application (2020-2031) 38
4.3.3 Global ASA Resin Sales Volume, by Application (%) (2020-2031) 39
4.4 Global ASA Resin Average Price by Application (2020-2031) 40

5 Segmentation by Region 41
5.1 Global ASA Resin Sales Value by Region 41
5.1.1 Global ASA Resin Sales Value by Region: 2020 VS 2024 VS 2031 41
5.1.2 Global ASA Resin Sales Value by Region (2020-2025) 41
5.1.3 Global ASA Resin Sales Value by Region (2026-2031) 42
5.1.4 Global ASA Resin Sales Value by Region (%), (2020-2031) 42
5.2 Global ASA Resin Sales Volume by Region 43
5.2.1 Global ASA Resin Sales Volume by Region: 2020 VS 2024 VS 2031 43
5.2.2 Global ASA Resin Sales Volume by Region (2020-2025) 43
5.2.3 Global ASA Resin Sales Volume by Region (2026-2031) 44
5.2.4 Global ASA Resin Sales Volume by Region (%), (2020-2031) 44
5.3 Global ASA Resin Average Price by Region (2020-2031) 45
5.4 North America 46
5.4.1 North America ASA Resin Sales Value, 2020-2031 46
5.4.2 North America ASA Resin Sales Value by Country (%), 2024 VS 2031 47
5.5 Europe 48
5.5.1 Europe ASA Resin Sales Value, 2020-2031 48
5.5.2 Europe ASA Resin Sales Value by Country (%), 2024 VS 2031 48
5.6 Asia Pacific 49
5.6.1 Asia Pacific ASA Resin Sales Value, 2020-2031 49
5.6.2 Asia Pacific ASA Resin Sales Value by Region (%), 2024 VS 2031 50
5.7 Latin America 51
5.7.1 Latin America ASA Resin Sales Value, 2020-2031 51
5.7.2 Latin America ASA Resin Sales Value by Country (%), 2024 VS 2031 52
5.8 Middle East & Africa 53
5.8.1 Middle East & Africa ASA Resin Sales Value, 2020-2031 53
5.8.2 Middle East & Africa ASA Resin Sales Value by Country (%), 2024 VS 2031 54

6 Segmentation by Key Countries/Regions 55
6.1 Key Countries/Regions ASA Resin Sales Value Growth Trends, 2020 VS 2024 VS 2031 55
6.2 Key Countries/Regions ASA Resin Sales Value and Sales Volume 56
6.2.1 Key Countries/Regions ASA Resin Sales Value, 2020-2031 56
6.2.2 Key Countries/Regions ASA Resin Sales Volume, 2020-2031 58
6.3 United States 61
6.3.1 United States ASA Resin Sales Value, 2020-2031 61
6.3.2 United States ASA Resin Sales Value by Type (%), 2024 VS 2031 62
6.3.3 United States ASA Resin Sales Value by Application, 2024 VS 2031 63
6.4 Europe 64
6.4.1 Europe ASA Resin Sales Value, 2020-2031 64
6.4.2 Europe ASA Resin Sales Value by Type (%), 2024 VS 2031 64
6.4.3 Europe ASA Resin Sales Value by Application, 2024 VS 2031 65
6.5 China 66
6.5.1 China ASA Resin Sales Value, 2020-2031 66
6.5.2 China ASA Resin Sales Value by Type (%), 2024 VS 2031 66
6.5.3 China ASA Resin Sales Value by Application, 2024 VS 2031 67
6.6 Japan 68
6.6.1 Japan ASA Resin Sales Value, 2020-2031 68
6.6.2 Japan ASA Resin Sales Value by Type (%), 2024 VS 2031 68
6.6.3 Japan ASA Resin Sales Value by Application, 2024 VS 2031 69
6.7 South Korea 70
6.7.1 South Korea ASA Resin Sales Value, 2020-2031 70
6.7.2 South Korea ASA Resin Sales Value by Type (%), 2024 VS 2031 71
6.7.3 South Korea ASA Resin Sales Value by Application, 2024 VS 2031 72
6.8 Southeast Asia 73
6.8.1 Southeast Asia ASA Resin Sales Value, 2020-2031 73
6.8.2 Southeast Asia ASA Resin Sales Value by Type (%), 2024 VS 2031 74
6.8.3 Southeast Asia ASA Resin Sales Value by Application, 2024 VS 2031 75
6.9 India 76
6.9.1 India ASA Resin Sales Value, 2020-2031 76
6.9.2 India ASA Resin Sales Value by Type (%), 2024 VS 2031 76
6.9.3 India ASA Resin Sales Value by Application, 2024 VS 2031 77

7 Company Profiles 78
7.1 LG Chem 78
7.1.1 LG Chem Company Information 78
7.1.2 LG Chem Introduction and Business Overview 78
7.1.3 LG Chem ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 79
7.1.4 LG Chem ASA Resin Product Offerings 79
7.1.5 LG Chem Recent Development 80
7.2 Ineos Styrolution 80
7.2.1 Ineos Styrolution Company Information 80
7.2.2 Ineos Styrolution Introduction and Business Overview 81
7.2.3 Ineos Styrolution ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 81
7.2.4 Ineos Styrolution ASA Resin Product Offerings 82
7.2.5 Ineos Styrolution Recent Development 82
7.3 SABIC 83
7.3.1 SABIC Company Information 83
7.3.2 SABIC Introduction and Business Overview 83
7.3.3 SABIC ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 84
7.3.4 SABIC ASA Resin Product Offerings 84
7.3.5 SABIC Recent Development 84
7.4 Techno-UMG 85
7.4.1 Techno-UMG Company Information 85
7.4.2 Techno-UMG Introduction and Business Overview 85
7.4.3 Techno-UMG ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 86
7.4.4 Techno-UMG ASA Resin Product Offerings 86
7.4.5 Techno-UMG Recent Development 86
7.5 NIPPON A&L 87
7.5.1 NIPPON A&L Company Information 87
7.5.2 NIPPON A&L Introduction and Business Overview 87
7.5.3 NIPPON A&L ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 88
7.5.4 NIPPON A&L ASA Resin Product Offerings 89
7.5.5 NIPPON A&L Recent Development 90
7.6 KUMHO-SUNNY 91
7.6.1 KUMHO-SUNNY Company Information 91
7.6.2 KUMHO-SUNNY Introduction and Business Overview 91
7.6.3 KUMHO-SUNNY ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 92
7.6.4 KUMHO-SUNNY ASA Resin Product Offerings 92
7.6.5 KUMHO-SUNNY Recent Development 93
7.7 FCFC 94
7.7.1 FCFC Company Information 94
7.7.2 FCFC Introduction and Business Overview 94
7.7.3 FCFC ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 95
7.7.4 FCFC ASA Resin Product Offerings 95
7.7.5 FCFC Recent Development 95
7.8 Qingdao future Chemical 96
7.8.1 Qingdao future Chemical Company Information 96
7.8.2 Qingdao future Chemical Introduction and Business Overview 97
7.8.3 Qingdao future Chemical ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 97
7.8.4 Qingdao future Chemical ASA Resin Product Offerings 98
7.9 LOTTE Advanced Materials 98
7.9.1 LOTTE Advanced Materials Company Information 98
7.9.2 LOTTE Advanced Materials Introduction and Business Overview 99
7.9.3 LOTTE Advanced Materials ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 99
7.9.4 LOTTE Advanced Materials ASA Resin Product Offerings 99
7.9.5 LOTTE Advanced Materials Recent Development 100
7.10 CHIMEI 100
7.10.1 CHIMEI Company Information 100
7.10.2 CHIMEI Introduction and Business Overview 101
7.10.3 CHIMEI ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 101
7.10.4 CHIMEI ASA Resin Product Offerings 102
7.10.5 CHIMEI Recent Development 102
7.11 Chuangmei Technology 103
7.11.1 Chuangmei Technology Company Information 103
7.11.2 Chuangmei Technology Introduction and Business Overview 103
7.11.3 Chuangmei Technology ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 104
7.11.4 Chuangmei Technology ASA Resin Product Offerings 104
7.11.5 Chuangmei Technology Recent Development 105
7.12 LyondellBasell 106
7.12.1 LyondellBasell Company Information 106
7.12.2 LyondellBasell Introduction and Business Overview 106
7.12.3 LyondellBasell ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 107
7.12.4 LyondellBasell ASA Resin Product Offerings 107
7.12.5 LyondellBasell Recent Development 107
7.13 Romira 108
7.13.1 Romira Company Information 108
7.13.2 Romira Introduction and Business Overview 108
7.13.3 Romira ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 109
7.13.4 Romira ASA Resin Product Offerings 109
7.13.5 Romira Recent Development 110
7.14 SAX Polymers Industries 110
7.14.1 SAX Polymers Industries Company Information 110
7.14.2 SAX Polymers Industries Introduction and Business Overview 111
7.14.3 SAX Polymers Industries ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 111
7.14.4 SAX Polymers Industries ASA Resin Product Offerings 111
7.14.5 SAX Polymers Industries Recent Development 112
7.15 Run Feng 113
7.15.1 Run Feng Company Information 113
7.15.2 Run Feng Introduction and Business Overview 113
7.15.3 Run Feng ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 114
7.15.4 Run Feng ASA Resin Product Offerings 114
7.16 KINGFA 115
7.16.1 KINGFA Company Information 115
7.16.2 KINGFA Introduction and Business Overview 115
7.16.3 KINGFA ASA Resin Sales, Revenue, Price and Gross Margin (2020-2025) 116
7.16.4 KINGFA ASA Resin Product Offerings 116
7.16.5 KINGFA Recent Development 116

8 Industry Chain Analysis 118
8.1 ASA Resin Industrial Chain 118
8.2 ASA Resin Upstream Analysis 118
8.2.1 Key Raw Materials 118
8.2.2 Raw Materials Key Suppliers 119
8.2.3 Manufacturing Cost Structure 119
8.3 Midstream Analysis 120
8.4 Downstream Analysis (Customers Analysis) 120
8.5 Sales Model and Sales Channels 121
8.5.1 ASA Resin Sales Model 121
8.5.2 Sales Channel 122
8.5.3 ASA Resin Distributors 122

9 Research Findings and Conclusion 124

10 Appendix 125
10.1 Research Methodology 125
10.1.1 Methodology/Research Approach 125
10.1.2 Data Source 128
10.2 Author Details 131
10.3 Disclaimer 132

About Us:

QYResearch is a leading global market research and consulting company established in 2007. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.

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