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Business Opportunities in India ABS Market

11-24-2017 05:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prismane Consulting

India ABS demand-supply, Kilotons (2011-2016)

India ABS demand-supply, Kilotons (2011-2016)

Acrylonitrile-Butadiene-Styrene (ABS) is the most widely used engineering plastic finding its applications in automotive, electrical & electronics, industrial and consumer products sector. The Indian ABS market has emerged stronger than expected registering a growth of 9.7% in 2016-17 and now accounts for around 1.5% of the global demand. The capacity utilization has averaged around 77% during 2011-2016 decreasing from 98% in 2011 to 65% in 2016.

India has been a net importer of ABS. The imports from 2011 onwards have averaged around 70 kilo tons. Bhansali Engineering Polymers Ltd. and INEOS Styrolution India Ltd. together account for 62% of India’s ABS demand, rest is met by imports mostly from South Korea.

Prismane Consulting estimates a high growth of over 9% for ABS in India from 2017 to 2025 on account of increasing demand from middle income group for refrigerators, washing machines, two wheelers, and mobile phones.

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems.

For a detailed supply-demand, pricing analysis and cash-cost of production of ABS contact Prismane Consulting at sales@prismaneconsulting.com

Prismane Consulting
Office #519, Amanora Chambers, Amanora Park Town,
Hadapsar-Magarpatta Road,
Pune 411028
India

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