Acrylonitrile Butadiene Styrene (ABS) Market Size, Trends, Shares, and Forecast - 2031

MARKET INTRODUCTION

Acrylonitrile butadiene styrene is a thermoplastic polymer used for injection molding applications. The low production cost and easy machinability of this resin enable its use in a variety of industrial applications. ABS materials are characterized by high impact resistance, extreme temperature performance and excellent electrical insulation properties. Several end-use industries employ ABS resins in manufacturing small kitchen appliances, protective headgear, automotive components and other useful materials.

MARKET DYNAMICS

The acrylonitrile butadiene styrene market is anticipated to witness high growth owing to driving factor such as increased focus on lightweight components in automotive industry as it is used for manufacturing automotive components such as bumper, seating, dashboard, interior trim, headliners, center consoles and lighting. Moreover, growing applicability in electronics and consumer goods is anticipated to boost the acrylonitrile butadiene styrene market growth. However, poor compatibility at high-temperature applications and potential substitutes of ABS are projected to hinder the growth of the acrylonitrile butadiene styrene market. On the other hand, this market is likely to showcase growth opportunities for key market players on account of technological innovations over the forecast period.

MARKET SCOPE

The "Global Acrylonitrile Butadiene Styrene Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of acrylonitrile butadiene styrene market with detailed market segmentation by end-user industry and geography. The global acrylonitrile butadiene styrene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylonitrile butadiene styrene market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global acrylonitrile butadiene styrene market is segmented on the basis of end-user industry into automotive & transportation, construction, electronics, consumer goods & appliances and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylonitrile butadiene styrene market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The acrylonitrile butadiene styrene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting acrylonitrile butadiene styrene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the acrylonitrile butadiene styrene market in these regions.

MARKET PLAYERS

The reports cover key developments in the acrylonitrile butadiene styrene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from acrylonitrile butadiene styrene market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylonitrile butadiene styrene in the global market. Below mentioned is the list of few companies engaged in the acrylonitrile butadiene styrene market.

The report also includes the profiles of key acrylonitrile butadiene styrene companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• 3M Company
• Ashland Inc.
• BASF SE
• Covestro AG
• DowDuPont, Inc.
• Grand Pacific Petrochemical Corporation
• INEOS AG
• Lanxess AG
• LyondellBasell Industries N.V.
• Teijin Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Acrylonitrile Butadiene Styrene (ABS) Report Scope