Global Acrylonitrile Styrene Acrylate (ASA) Polymer Market Research Report 2021

Acrylic-styrene-acrylonitrile copolymer (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.
Of the major players of ASA Copolymers, LG Chem maintained its first place in the ranking in 2019. LG Chem accounted for nearly 25% of the ASA Copolymers revenue market share in 2019. Other players accounted for about 20%, 15% including Ineos Styrolution Group, SABIC. China, United States, Europe, Taiwan, Japan and Korea are the main manufacturing regions in the world. Considering the consumption region. USA is the largest consumption area, making up over 20% in 2019. China ranks the second, total ASA Resin accounted for approximately 20%. 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 45% of the global sale volumes are general grade.

Market Analysis and Insights: Global Acrylonitrile Styrene Acrylate (ASA) Polymer Market
The global Acrylonitrile Styrene Acrylate (ASA) Polymer market was valued at US$ 786.4 million in 2019 and it is expected to reach US$ 935.4 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.

Global Acrylonitrile Styrene Acrylate (ASA) Polymer 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 Acrylonitrile Styrene Acrylate (ASA) Polymer 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
Extrusion Grade
Heat Resistant Grade
Others

Segment by Application
Automotive
Building and Construction
Home Appliances
Sports and Leisure
Consumer Electronics
Others

By Company
LG Chem
Ineos Styrolution Group
SABIC
Techno-UMG Co., Ltd.
KUMHO-SUNNY
Formosa Chemicals & Fibre Corporation
NIPPON A&L
LOTTE Advanced Materials
Chi Mei Corporation
Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Shandong Novista Chemicals

Production by Region
North America
Europe
Japan
China
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