Global Acrylonitrile Butadiene Styrene Market, By Source (Acrylonitrile, Butadiene and Styrene Monomers), Process (Extrusion and Injection Molding), Additives (Glass, Polyvinylchloride (PVC) and Others), Product Type (Opaque, Transparent and Coloured), Application (Construction, Automotive, Marine, Furniture, Plumbing and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The acrylonitrile butadiene styrene market is expected to witness market growth at a rate of 5.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on acrylonitrile butadiene styrene market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the automotive industry is escalating the growth of acrylonitrile butadiene styrene market.
Acrylonitrile butadiene styrene can be defined as a thermoplastic polymer that is generally utilized in the injection moulding. The engineering plastic is one of the most widespread thermoplastic polymers because of its low manufacturing prices and the easiness with which plastic producers can machine it. Also, it provides various adaptable characteristics including impact and chemical resistance, excellent low and high temperature performance, and structural stiffness and strength.
Major factors that are expected to boost the growth of the acrylonitrile butadiene styrene market in the forecast period are the increase in the penetration of acrylonitrile butadiene styrene implementations in the construction industry. Furthermore, the rise in the spending in the construction industry chiefly in the advancing nations is further anticipated to propel the growth of the acrylonitrile butadiene styrene market. Moreover, the rise in the disposable income is further estimated to cushion the growth of the acrylonitrile butadiene styrene market. On the other hand, the struggle from other thermoplastics is further projected to impede the growth of the acrylonitrile butadiene styrene market in the timeline period.
In addition, the rise in the need for light weight automobiles to acquire better fuel effectiveness will further provide potential opportunities for the growth of the acrylonitrile butadiene styrene market in the coming years. However, the concerning issues regarding the environment might further challenge the growth of the acrylonitrile butadiene styrene market in the near future.
This acrylonitrile butadiene styrene market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on acrylonitrile butadiene styrene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylonitrile Butadiene Styrene Market Scope and Market Size
The acrylonitrile butadiene styrene market is segmented on the basis of source, process, additives, application and product type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source, the acrylonitrile butadiene styrene market is segmented into acrylonitrile, butadiene and styrene monomers.
- On the basis of process, the acrylonitrile butadiene styrene market is segmented into extrusion and injection molding.
- On the basis of additives, the acrylonitrile butadiene styrene market is segmented into glass, polyvinylchloride (PVC) and others.
- On the basis of product type, the acrylonitrile butadiene styrene market is segmented into opaque, transparent and coloured.
- On the basis of application, the acrylonitrile butadiene styrene market is segmented into construction, automotive, marine, furniture, plumbing and others.
Acrylonitrile Butadiene Styrene Market Country Level Analysis
The acrylonitrile butadiene styrene market is analysed and market size, volume information is provided by country, source, process, additives, application and product type as referenced above.
The countries covered in the acrylonitrile butadiene styrene market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the acrylonitrile butadiene styrene market due to the rise in the growth in the automotive and building and construction industry. North America is projected to observe significant amount of the growth in the acrylonitrile butadiene styrene market due to the occurrence of well settled end use industries like automotive and sports.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylonitrile Butadiene Styrene Market Share Analysis
The acrylonitrile butadiene styrene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acrylonitrile butadiene styrene market.
The major players covered in the adhesive acrylonitrile butadiene styrene report are LG Chem, LOTTE Chemical CORPORATION, Trinseo, SeaGate Plastics,Inc., The Spiratex Company, Bixby International, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABIC, KUMHO PETROCHEMICAL, TORAY INDUSTRIES INC., Mitsui Chemicals, Inc., Ravago Americas LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.