Acrylic Styrene Acrylonitrile (ASA) is a thermoplastic elastomer. This type of copolymer has excellent resistance to UV irradiation, heat, moisture, and stress cracking and probably has the best weathering resistance of all acrylonitrile elastomers. It also has good chemical resistance and high impact strength. Its mechanical properties are very similar to acrylonitrile butadiene styrene (ABS) elastomers.
One of the most important markets for ASAs are automotive body parts such as mirror housings and radiator grills. ASA thermoplastics are also extensively used in the building & construction, appliance, electrical/electronics, and sports goods industries.
According to the different properties, ASA can be divided into general grade, extrusion grade, heat resistant grade and others. General grade is used most widely and the price is the lowest, in 2019, about 52% of the global sale volumes are general grade.
Of the major players of ASA Copolymers, LG Chem maintained its first place in the ranking in 2019. LG Chem accounted for 19% of the ASA Copolymers revenue market share in 2019. Other players accounted for 17%, 16 %, 13% including Chi Mei Corporation, Ineos Styrolution Group, SABIC.
China, United States, Europe, China Taiwan, Japan and Korea are the main manufacturing regions in the world. Considering the consumption region. USA is the largest consumption area, making up 23% in 2019. Europe ranks the second, total ASA Resin accounted for 20%.
Market Analysis and Insights: Global Acrylic Styrene Acrylonitrile (ASA) Market
The global Acrylic Styrene Acrylonitrile (ASA) market was valued at US$ 944 million in 2019 and it is expected to reach US$ 1243.2 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Global Acrylic Styrene Acrylonitrile (ASA) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acrylic Styrene Acrylonitrile (ASA) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
General Grade ASA
Extrusion Grade ASA
Heat Resistant Grade ASA
Other Grade ASA
Segment by Application
Automotive
Building and Construction
Home Appliances
Sports and Leisure
Consumer Electronics
Others
By Company
LG Chem
Chi Mei Corporation
Ineos Styrolution Group
SABIC
Techno-UMG Co., Ltd.
KUMHO-SUNNY
Formosa Chemicals & Fibre Corporation
NIPPON A&L
LOTTE Advanced Materials
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Shandong Novista Chemicals
Production by Region
North America
Europe
China
Japan
South Korea
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
One of the most important markets for ASAs are automotive body parts such as mirror housings and radiator grills. ASA thermoplastics are also extensively used in the building & construction, appliance, electrical/electronics, and sports goods industries.
According to the different properties, ASA can be divided into general grade, extrusion grade, heat resistant grade and others. General grade is used most widely and the price is the lowest, in 2019, about 52% of the global sale volumes are general grade.
Of the major players of ASA Copolymers, LG Chem maintained its first place in the ranking in 2019. LG Chem accounted for 19% of the ASA Copolymers revenue market share in 2019. Other players accounted for 17%, 16 %, 13% including Chi Mei Corporation, Ineos Styrolution Group, SABIC.
China, United States, Europe, China Taiwan, Japan and Korea are the main manufacturing regions in the world. Considering the consumption region. USA is the largest consumption area, making up 23% in 2019. Europe ranks the second, total ASA Resin accounted for 20%.
Market Analysis and Insights: Global Acrylic Styrene Acrylonitrile (ASA) Market
The global Acrylic Styrene Acrylonitrile (ASA) market was valued at US$ 944 million in 2019 and it is expected to reach US$ 1243.2 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Global Acrylic Styrene Acrylonitrile (ASA) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acrylic Styrene Acrylonitrile (ASA) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
General Grade ASA
Extrusion Grade ASA
Heat Resistant Grade ASA
Other Grade ASA
Segment by Application
Automotive
Building and Construction
Home Appliances
Sports and Leisure
Consumer Electronics
Others
By Company
LG Chem
Chi Mei Corporation
Ineos Styrolution Group
SABIC
Techno-UMG Co., Ltd.
KUMHO-SUNNY
Formosa Chemicals & Fibre Corporation
NIPPON A&L
LOTTE Advanced Materials
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Shandong Novista Chemicals
Production by Region
North America
Europe
China
Japan
South Korea
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
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