Acrylonitrile Butadiene Styrene Market Size, Share, Analysis Report

Acrylonitrile Butadiene Styrene Market Size By Application (Electrical & Electronics, Automotive, Building & Construction, Consumer Goods, Sports Equipment, Musical Instruments, Others.), By Process (Injection Molding, Extrusion, Blow Molding), By Technology (By Automation Level (By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Acrylonitrile Butadiene Styrene market will grow by US$ 40.50 Billion by 2027 at a CAGR of 7.4% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Formosa Chemicals & Fiber Corp
  • BASF SE
  • SABIC
  • TORAY INDUSTRIES INC
  • Mitsui Chemicals Inc
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    7

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Acrylonitrile Butadiene Styrene market will grow by US$ 40.50 Billion by 2027 at a CAGR of 7.4% in the given forecast period.

    Acrylonitrile Butadiene Styrene (ABS) is a basic type of thermoplastic-based polymer, which occurs in the form of amorphous powder. It is manufactured by polymerization of acrylonitrile and styrene in the presence of Polybutadiene, which results in a long chain ABS polymer. ABS is a shiny plastic with an impervious surface. The product exhibits some important mechanical properties such as a greater impact and heat resistance and durability. ABS can be easily modified with alteration of its basic properties according to its applications in particular industry.

    The rapidly growing construction activities, increasing urbanization and industrialization around the world, wherein the demand for the product is continuously increasing. Apart from these, increasing standards of living and disposable income of people, especially in developing countries incentivizing them to invest more in the high-end construction and decorative home activities. This is anticipated to boost the demand for the acrylonitrile butadiene styrene during the years to follow.

    The global Acrylonitrile Butadiene Styrene Market is segregated on the basis of Application as Electrical & Electronics, Automotive, Building & Construction, Consumer Goods, Sports Equipment, Musical Instruments, and Others. Based on Process the global Acrylonitrile Butadiene Styrene Market is segmented in Injection Molding, Extrusion, Blow Molding, and Others.

    The global Acrylonitrile Butadiene Styrene Market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Acrylonitrile Butadiene Styrene Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Formosa Chemicals & Fiber Corp. (Taiwan), SABIC (Saudi Arabia), BASF SE (Germany), TORAY INDUSTRIES INC. (Japan), Mitsui Chemicals Inc. (Japan), Ravago Americas (U.S.), LG Chem. (South Korea), INEOS Styrolution (Germany), Trinseo (U.S.), KUMHO PETROCHEMICA (South Korea), and others are among the major players in the global Acrylonitrile Butadiene Styrene Market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Acrylonitrile Butadiene Styrene Market has been segmented as below:

    Acrylonitrile Butadiene Styrene Market, By Application

    • Electrical & Electronics
    • Automotive
    • Building & Construction
    • Consumer Goods
    • Sports Equipment
    • Musical Instruments
    • Others.

    Acrylonitrile Butadiene Styrene Market, By Process

    • Injection Molding
    • Extrusion
    • Blow Molding
    • Others

    Acrylonitrile Butadiene Styrene Market, By Technology

    Acrylonitrile Butadiene Styrene Market, By Automation Level

    Acrylonitrile Butadiene Styrene Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Acrylonitrile Butadiene Styrene Market, By Company

    • Formosa Chemicals & Fibre Corp. (Taiwan)
    • SABIC (Saudi Arabia)
    • BASF SE (Germany)
    • TORAY INDUSTRIES INC. (Japan)
    • Mitsui Chemicals Inc. (Japan)
    • Ravago Americas (U.S.)
    • LG Chem. (South Korea)
    • INEOS Styrolution (Germany)
    • Trinseo (U.S.)
    • KUMHO PETROCHEMICA (South Korea)

    The report covers:

    • Global Acrylonitrile Butadiene Styrene Market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Acrylonitrile Butadiene Styrene Market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Acrylonitrile Butadiene Styrene Market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Acrylonitrile Butadiene Styrene Market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Acrylonitrile Butadiene Styrene Market share. Major industry players with significant revenue share include Formosa Chemicals & Fibre Corp. (Taiwan), SABIC (Saudi Arabia), BASF SE (Germany), TORAY INDUSTRIES INC. (Japan), Mitsui Chemicals Inc. (Japan), Ravago Americas (U.S.), LG Chem. (South Korea), INEOS Styrolution (Germany), Trinseo (U.S.), KUMHO PETROCHEMICA (South Korea), and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Acrylonitrile Butadiene Styrene Market industry trends
    • Find complete analysis on the market status
    • Identify the Acrylonitrile Butadiene Styrene Market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Acrylonitrile Butadiene Styrene Market, By Application
        5.1 Introduction
        5.2 Electrical & Electronics
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Automotive
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Building & Construction
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Consumer Goods
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Sports Equipment
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 Musical Instruments
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
        5.8 Others.
            5.8.1 Market Overview
            5.8.2 Market Size and Forecast

    6. Acrylonitrile Butadiene Styrene Market, By  Process
        6.1 Introduction
        6.2 Injection Molding
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Extrusion
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Blow Molding
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Others
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast

    7. Acrylonitrile Butadiene Styrene Market, By Technology
        7.1 Introduction

    8. Acrylonitrile Butadiene Styrene Market, By Automation Level
        8.1 Introduction

    9. Acrylonitrile Butadiene Styrene Market, By Geography
        9.1 Introduction
        9.2 North America
            9.2.1 North America Acrylonitrile Butadiene Styrene Market, By Application
            9.2.2 North America Acrylonitrile Butadiene Styrene Market, By Process
            9.2.3 North America Acrylonitrile Butadiene Styrene Market, By Technology
            9.2.4 North America Acrylonitrile Butadiene Styrene Market, By Automation Level
        9.3 Europe
            9.3.1 Europe Acrylonitrile Butadiene Styrene Market, By Application
            9.3.2 Europe Acrylonitrile Butadiene Styrene Market, By Process
            9.3.3 Europe Acrylonitrile Butadiene Styrene Market, By Technology
            9.3.4 Europe Acrylonitrile Butadiene Styrene Market, By Automation Level
        9.4 Asia-Pacific
            9.4.1 Asia-Pacific Acrylonitrile Butadiene Styrene Market, By Application
            9.4.2 Asia-Pacific Acrylonitrile Butadiene Styrene Market, By Process
            9.4.3 Asia-Pacific Acrylonitrile Butadiene Styrene Market, By Technology
            9.4.4 Asia-Pacific Acrylonitrile Butadiene Styrene Market, By Automation Level
        9.5 Rest of the World
            9.5.1 Rest of the World Acrylonitrile Butadiene Styrene Market, By Application
            9.5.2 Rest of the World Acrylonitrile Butadiene Styrene Market, By Process
            9.5.3 Rest of the World Acrylonitrile Butadiene Styrene Market, By Technology
            9.5.4 Rest of the World Acrylonitrile Butadiene Styrene Market, By Automation Level

    10. Competitive Insights
        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            10.3.5 Others

    11. Company Profiles
        11.1 Formosa Chemicals & Fibre Corp. (Taiwan)
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 SABIC (Saudi Arabia)
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 BASF SE (Germany)
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 TORAY INDUSTRIES INC. (Japan)
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 Mitsui Chemicals Inc. (Japan)
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 Ravago Americas (U.S.)
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 LG Chem. (South Korea)
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 INEOS Styrolution (Germany)
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 Trinseo (U.S.)
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 KUMHO PETROCHEMICA (South Korea)
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments

    The Acrylonitrile Butadiene Styrene Market has been segmented as below:

    Acrylonitrile Butadiene Styrene Market, By Application

    • Electrical & Electronics
    • Automotive
    • Building & Construction
    • Consumer Goods
    • Sports Equipment
    • Musical Instruments
    • Others.

    Acrylonitrile Butadiene Styrene Market, By Process

    • Injection Molding
    • Extrusion
    • Blow Molding
    • Others

    Acrylonitrile Butadiene Styrene Market, By Technology

    Acrylonitrile Butadiene Styrene Market, By Automation Level

    Acrylonitrile Butadiene Styrene Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Acrylonitrile Butadiene Styrene Market, By Company

    • Formosa Chemicals & Fibre Corp. (Taiwan)
    • SABIC (Saudi Arabia)
    • BASF SE (Germany)
    • TORAY INDUSTRIES INC. (Japan)
    • Mitsui Chemicals Inc. (Japan)
    • Ravago Americas (U.S.)
    • LG Chem. (South Korea)
    • INEOS Styrolution (Germany)
    • Trinseo (U.S.)
    • KUMHO PETROCHEMICA (South Korea)

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 7.4% during the study period (2022-2027)
    The global Acrylonitrile Butadiene Styrene market will grow by US$ 40.50 Billion by 2027.
    The segment included in Acrylonitrile Butadiene Styrene market is Process, Application, Technology, Automation Level, Company and region.
    Some key players operating in the Acrylonitrile Butadiene Styrene market include Formosa Chemicals & Fiber Corp. (Taiwan), SABIC (Saudi Arabia), BASF SE (Germany), TORAY INDUSTRIES INC. (Japan), Mitsui Chemicals Inc
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