Market Summary of Acrylonitrile butadiene styrene (ABS)

Acrylonitrile butadiene styrene (ABS) market size will touch around US$ 29 billion by  2023, from US$ 21 billion in 2018, indicating a CAGR of 6 % during the forecast period.

ABS is an excellent combination of its various monomers. While Acrylonitrile provides tensile strength, hardness, heat resistance, chemical resistance etc. ABS plastics are termed as tough, hard and rigid materials wherein the properties can be tailor-made based on adjustment of the composition of various monomers. ABS is therefore classified as an engineering plastic that replaces metals and alloys in engineering products.

Major applications of ABS are into general injection moldings, automotive moldings, white goods & consumer electronic etc.

China is the largest producer as well as consumers of ABS whereas South America is the smallest region.

The major global manufacturers of ABS are Chi Mei Taiwan, Trinceo, SABIC, L G Chemical, and INEOS Styrolution.

This report covers the global scenario on ABS Industry, Region-wise Supply Demand Analysis and Future Demand Projections for the Africa, South America, North America, Indian Subcontinent, North East Asia, China, South East Asia, Middle East, Europe and Australia. For Indian scenario this report covers major producers, Supply, Demand, Market Drivers and Future Projection.