Global Acrylonitrile Butadiene Styrene (ABS) Market Insights and Forecast to 2028

ABS is a kind of polymer obtained through the copolymerization of three kinds of monomers, namely acrylonitrile, butadiene and styrene. Each of these three monomers has a specific property: the addition of acrylonitrile can improve the anti-corrosion and rigidity properties, butadiene promotes the shock resistance and styrene will contribute the material good fineness. It is among the low cost engineering plastic that is easy to machine and fabricate. ABS is an ideal material for structural applications when impact resistance, strength, and stiffness are required. It is widely used for machining pre-production prototypes such as the auto dashboard since it has excellent dimensional stability and is easy to paint and glue. Natural (beige) ABS and black ABS are FDA compliant for use in food processing applications. Besides, it is widely used in the toys and electron industries including the PC enclosure.
Market Analysis and Insights: Global Acrylonitrile Butadiene Styrene (ABS) Market
Due to the COVID-19 pandemic, the global Acrylonitrile Butadiene Styrene (ABS) market size is estimated to be worth US$ 16800 million in 2022 and is forecast to a readjusted size of US$ 22520 million by 2028 with a CAGR of 5.0% during the review period. Fully considering the economic change by this health crisis, General Purpose ABS accounting for % of the Acrylonitrile Butadiene Styrene (ABS) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Washing Machine segment is altered to an % CAGR throughout this forecast period.
The main application of acrylonitrile butadiene styrene (ABS) are washing machine, fridge, PC, car, toys, electronics fields. In terms of product, acrylonitrile butadiene styrene (ABS) can be divided into two types: general purpose ABS and specialty ABS. The general purpose ABS holds a share about 78%. The major manufacturers in the world include LG Chem, Formosa, CHIMEI. etc. The biggest manufacturer is LG Chem, which holds a share about 14%.
In terms of production side, this report researches the Acrylonitrile Butadiene Styrene (ABS) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Acrylonitrile Butadiene Styrene (ABS) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Acrylonitrile Butadiene Styrene (ABS) Scope and Segment
Acrylonitrile Butadiene Styrene (ABS) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Acrylonitrile Butadiene Styrene (ABS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
General Purpose ABS
Specialty ABS
Segment by Application
Washing Machine
Fridge
PC
Car
Toys
Electronics
Construction Materials
Others
By Company
LG Chem
Formosa
CHIMEI
CNPC
Lotte Chemical
INEOS Styrolution
Toray
SABIC
JSR
Dagu Chemical
KKPC
Huajin Chemical
Gaoqiao
Grand Pacific Petrochemical
Trinseo
Kumho Sunny
Production by Region
North America
Europe
China
Japan
South Korea
India
China Taiwan
Middle East & Africa
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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