Acrylonitrile butadiene styrene market to hit US$38.79 billion by 2032 | Top companies 2025 - LG Chem, INEOS Styrolution Group GmbH, SABI

"The global acrylonitrile butadiene styrene (ABS) market reached US$24.68 billion in 2024 and is expected to reach US$38.79 billion by 2032, growing at a CAGR of 5.96% during the forecast period 2025-2032." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In August 2025, the global ABS market was valued at approximately USD 34.3 billion and is projected to reach USD 59.8 billion by 2035, growing at a CAGR of 5.7%. The appliances sector is expected to dominate with a 35.4% market share, while injection molding will lead the technology segment with a 57.8% share .

✅ In July 2025, ABS prices in the U.S. experienced a decline due to abundant supply and weak demand. However, towards mid-month, cost-side pressures grew, and downstream orders started showing signs of recovery, indicating a potential market rebound .

✅ In June 2025, the U.S. ABS market faced challenges with oversupply and subdued demand, leading to price reductions. Despite these challenges, industry experts remain optimistic about the long-term growth prospects of ABS, citing its versatility and widespread applications .

Japan: Recent Industry Developments

✅ In July 2025, Japan's ABS market was projected to grow steadily, driven by increasing demand from key industries such as automotive, electronics, and consumer goods. As a versatile and cost-effective engineering plastic, ABS remains a crucial material for Japanese manufacturers .

✅ In June 2025, Japanese manufacturers continued to adopt ABS in various applications, including automotive interiors and electronic housings, due to its excellent impact resistance and ease of processing. This trend reflects the ongoing preference for high-performance plastics in Japan's industrial sector .

✅ In May 2025, Japan's ABS industry faced challenges related to global supply chain disruptions and fluctuating raw material costs. However, companies are focusing on innovation and efficiency improvements to maintain competitiveness in the global market .

acrylonitrile butadiene styrene (abs) Market: Drivers

The acrylonitrile butadiene styrene (ABS) market is expanding owing to its exceptional balance of strength, toughness, and lightweight properties. Its versatility across automotive, electronics, and consumer goods industries drives widespread adoption. Rising demand for durable and aesthetically appealing components in vehicles and home appliances supports growth. The material's easy processability and compatibility with modern molding technologies enhance its applications. Increasing use in 3D printing further strengthens its position in advanced manufacturing sectors.

Growing construction and infrastructure activities are also fueling ABS demand due to its resilience and cost-effectiveness in pipes, fittings, and panels. Expanding consumer electronics production, particularly in Asia-Pacific, is a major growth driver. Sustainability initiatives are pushing manufacturers to innovate eco-friendly ABS grades with improved recyclability. Rapid urbanization and rising disposable incomes are amplifying demand for high-quality consumer products. With its adaptability and role in emerging technologies, ABS is poised to see strong, long-term market growth.

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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 & 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 & Electronics, Automotive, Consumer Goods, Building & Construction, Sports Equipment, Musical Instruments, Others

acrylonitrile butadiene styrene (abs) Market: Major Players

LG Chem, INEOS Styrolution Group GmbH, SABIC, Chi Mei Corporation (CHIMEI), Formosa Chemicals & Fibre Corporation, Toray Group, Trinseo PLC, Kumho Petrochemical Co., Ltd., Versalis S.p.A, LOTTE Chemical Corporation and others.

Most Frequently Asked Questions in the acrylonitrile butadiene styrene (abs) Market Research Industry:

➠ Who leads the acrylonitrile butadiene styrene (abs) industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do acrylonitrile butadiene styrene (abs) market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting acrylonitrile butadiene styrene (abs) market growth?
➠ What are the dominant sales and distribution strategies in the acrylonitrile butadiene styrene (abs) industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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