Acrylonitrile Butadiene Styrene (ABS) Market: Global Segmentation Trends and Demand Analysis Forecast through 2031 | BASF SE, 3M, Covestro AG, INEOS.

The Acrylonitrile Butadiene Styrene (ABS) Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Acrylonitrile Butadiene Styrene (ABS) market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Global Acrylonitrile Butadiene Styrene (ABS) Market reached US$ 27.0 billion in 2022 and is expected to reach US$ 45.1 billion by 2031, growing with a CAGR of 6.8% during the forecast period 2024-2031.

The acrylonitrile butadiene styrene (ABS) market revolves around the production and use of ABS, a versatile thermoplastic known for its strength, durability, and impact resistance. Widely used in industries like automotive, electronics, and construction, ABS is valued for its ease of molding and high-performance qualities. The market is growing, driven by demand for lightweight materials, sustainability trends, and innovations in manufacturing processes.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as BASF SE, 3M, Covestro AG, INEOS, SABIC, LG Chem Ltd., Chi Mei Corporation, Kumho Petrochemical, Formosa Chemicals & Fibre Corporation and Toray Industries, Inc.

Key Developments:

On January 31, 2022, INEOS Styrolution, a global leader in styrenics, launched Acrylonitrile Butadiene Styrene (ABS) production at its Wingles facility in France, converting an existing polystyrene line. This marks Wingles as the third ABS production site in Europe, alongside locations in Antwerp, Belgium, and Cologne, Germany. With an annual capacity of 50,000 tons, the expansion aims to meet the growing demand for ABS in key industries such as construction, compounding, household products, and automotive.

On April 24, 2022, Trinseo, a global materials solutions provider, introduced a more sustainable version of its popular MAGNUM ABS resins for automotive applications. The launch of MAGNUM BIO ABS expands the company's portfolio of environmentally friendly materials for the automotive sector, further supporting sustainability efforts.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Acrylonitrile Butadiene Styrene (ABS) market has been segmented

By Type: Opaque, Transparent, Colored.

By Grade: High Impact, Heat Resistant, Flame Retardant, Electroplatable, Gloss, Platable, Composite Grade, Others.

By Manufacturing Process: Emulsion Polymerization, Mass Polymerization, Continuous Polymerization, Others.

By Technology: Extrusion, Injection Molding, Blow Molding, Others.

By Application: Dashboard Components, Door liners and Handles, Seat backs, seat belt components, Electronic Enclosures, Computer Keyboards, Plumbing Fittings, Water Filter Casings, Kitchen Appliances, Sanitary Products, Others.

By End-User: Appliances, Electrical and Electronics, Automotive, Consumer Goods, Building and Construction, Sports Equipment, Musical Instruments, Others.

Research Process

Both primary and secondary data sources have been used in the global Acrylonitrile Butadiene Styrene (ABS) Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Acrylonitrile Butadiene Styrene (ABS) Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Acrylonitrile Butadiene Styrene (ABS) market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Acrylonitrile Butadiene Styrene (ABS) Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Acrylonitrile Butadiene Styrene (ABS) market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Acrylonitrile Butadiene Styrene (ABS) Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Acrylonitrile Butadiene Styrene (ABS) market?

➠ Who are the global key manufacturers of the Acrylonitrile Butadiene Styrene (ABS) Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Acrylonitrile Butadiene Styrene (ABS) market opportunities and threats faced by the vendors in the global Acrylonitrile Butadiene Styrene (ABS) Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Acrylonitrile Butadiene Styrene (ABS) market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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