Acrylonitrile Butadiene Styrene (ABS) Market is expected to reach US$ 38.79 billion by 2032 | Top key players - LG Chem, SABIC, Toray Group.

Market Size and Forecast:

The Global Acrylonitrile Butadiene Styrene (ABS) Market size 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. The Market growth is driven by rising demand in automotive, electronics, and construction sectors due to its high strength, durability, and versatility. According to DataM Intelligence

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The Acrylonitrile Butadiene Styrene (ABS) Market refers to the global industry involved in producing and distributing ABS, a thermoplastic polymer known for its toughness, impact resistance, and versatility. Widely used in automotive, electronics, construction, and consumer goods, the market's growth is driven by rising demand for lightweight, durable materials and advancements in polymer manufacturing technologies.

Industry Recent Developments: United States

✅ August 2025: The ABS market remained stable despite the shutdown of INEOS Styrolution's Ohio plant, with styrene feedstock prices steady, which eased supply pressure on ABS producers.

✅ September 2025: The U.S. ABS industry is undergoing shifts driven by EPA's stricter regulations on chemical emissions, pushing producers toward eco-friendly formulations and bio-based, recyclable ABS variants.

✅ October 2025: The U.S. ABS market is driven by innovations including digital solutions, AI, and automation, with sustainability and ESG initiatives gaining prominence. Key metropolitan states like California, Texas, and New York are leading in market investment and production.

Industry Recent Developments: Japan

✅ August 2025: Japanese ABS market growth projected steady, supported by demand from industries such as automotive, electronics, and consumer goods where ABS is valued for its versatility and cost-effectiveness.

✅ September 2025: Japanese manufacturers increased ABS applications in automotive interiors and electronics housings due to its impact resistance and ease of processing.

✅ October 2025: Japan's ABS industry is addressing supply chain challenges and raw material cost fluctuations by focusing on innovation and efficiency to maintain global competitiveness.

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Major Key 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.

Market Growth Drivers:

Increasing demand from the automotive industry: ABS is widely used in automotive components such as dashboards, bumpers, and panels. The shift towards lightweight vehicles to improve fuel efficiency and meet environmental regulations is boosting ABS demand. Electric vehicle production is also accelerating the use of ABS in battery casings and trims.

Growth in consumer electronics and appliances: ABS is extensively used in laptops, smartphones, TVs, and home appliances due to its impact strength, durability, and moldability. The expanding global consumer electronics market contributes significantly to ABS demand.

Advancements in sustainable ABS production and adoption of lightweight materials: There is a rising focus on bio-based and recycled ABS along with circular economy initiatives. These sustainability trends and technological innovations support market growth, especially in regions with stringent eco-friendly regulations.

Segments Covered in the Acrylonitrile Butadiene Styrene (ABS) Market:

By Type: Opaque, Transparent, Colored.

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

By ABS Grade: General-Purpose, High-Impact, Electro-platingm Flame-Retardant, Heat-Resistant, Others.

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

By Application: Automotive & Transportation, Electrical & Electronics, Building & Construction, Consumer Goods, Others.

Regional Analysis for Acrylonitrile Butadiene Styrene (ABS) Market:

⇥ 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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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Acrylonitrile Butadiene Styrene (ABS) market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Acrylonitrile Butadiene Styrene (ABS) Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Acrylonitrile Butadiene Styrene (ABS) market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Acrylonitrile Butadiene Styrene (ABS) Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Acrylonitrile Butadiene Styrene (ABS) market?

➠ Who are the global key manufacturers of the Acrylonitrile Butadiene Styrene (ABS) Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Acrylonitrile Butadiene Styrene (ABS) market opportunities and threats faced by the vendors in the global Acrylonitrile Butadiene Styrene (ABS) Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Acrylonitrile Butadiene Styrene (ABS) market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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