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Global Acrylonitrile Butadiene Styrene (ABS) Market 2019-2023

Global Acrylonitrile Butadiene Styrene (ABS) Market 2019-2023

About this market

The demand for ABS from China is expected to increase during the forecast period as many OEMs are shifting their manufacturing bases to the country because of the easy availability of land and raw materials, inexpensive labor, and lenient government regulations and policies on the use of ABS as a polymer in industries such as electrical and electronics, appliances, construction, automotive and others. Some of the major end-user industries of ABS are the appliances, electrical and electronics, construction. and automotive. Increasing disposable income and demand for consumer goods and household appliances will significantly increase the consumption of ABS in China. Technavio’s analysts have predicted that the acrylonitrile butadiene styrene (ABS) market will register a CAGR of almost 6% by 2023.

Market Overview

Rising demand for ABS from the automotive sector

ABS is primarily used for manufacturing components of automobiles such as instrument panels, pillar trim, dashboard components, door liners and handles, seat backs, seat belt components, and others. Currently, the automotive industry is the largest consumer of ABS It is one of the materials that can be used as a substitute for metal components.

Fluctuating crude oil prices

ABS is manufactured by the polymerization of acrylonitrile and styrene polymers in the presence of polybutadiene rubber. Styrene, butadiene, and acrylonitrile are the raw materials that are derived from crude oil. Therefore, fluctuations in raw material prices directly impact the global prices of ABS. Price fluctuations can negatively impact the prices of polymers and their applications.

For the detailed list of factors that will drive and challenge the growth of the acrylonitrile butadiene styrene (ABS) market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Acrylonitrile Butadiene Styrene (ABS) Market 2019-2023

Technavio recognizes the following companies as the key players in the global acrylonitrile butadiene styrene (ABS) market: Asahi Kasei, BASF, JSR, Mitsui Chemicals, SABIC, TORAY INDUSTRIES.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the product innovation is estimated to boost the demand for ABS during our forecast period.”

According to the report, one of the major drivers for this market is the rising demand for ABS from the automotive sector.

Further, the report states that one of the major factors hindering the growth of this market is the health hazards caused by acrylonitrile can reduce the adoption of ABS during our forecast period.

Companies Mentioned

Asahi Kasei

BASF

JSR

Mitsui Chemicals

SABIC

TORAY INDUSTRIES

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Appliances - Market size and forecast 2018-2023
Electrical and electronics - Market size and forecast 2018-2023
Automotive - Market size and forecast 2018-2023
Construction - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Technological advancements and product innovations
Development of alternatives to ABS
Recycling of ABS plastics
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Asahi Kasei
BASF
JSR
Mitsui Chemicals
SABIC
TORAY INDUSTRIES
PART 14: APPENDIX
Research methodology
List of abbreviations
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Global polymer market
Exhibit 02: Segments of global polymer market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 (thousand t)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Appliances - Market size and forecast 2018-2023 (thousand t)
Exhibit 20: Appliances - Year-over-year growth 2019-2023 (%)
Exhibit 21: Electrical and electronics - Market size and forecast 2018-2023 (thousand t)
Exhibit 22: Electrical and electronics - Year-over-year growth 2019-2023 (%)
Exhibit 23: Automotive - Market size and forecast 2018-2023 (thousand t)
Exhibit 24: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 25: Construction - Market size and forecast 2018-2023 (thousand t)
Exhibit 26: Construction - Year-over-year growth 2019-2023 (%)
Exhibit 27: Others - Market size and forecast 2018-2023 (thousand t)
Exhibit 28: Others - Year-over-year growth 2019-2023 (%)
Exhibit 29: Market opportunity by application
Exhibit 30: Customer landscape
Exhibit 31: Market share by geography 2018-2023 (%)
Exhibit 32: Geographic comparison
Exhibit 33: APAC - Market size and forecast 2018-2023 (thousand t)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 (thousand t)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: North America - Market size and forecast 2018-2023 (thousand t)
Exhibit 38: North America - Year-over-year growth 2019-2023 (%)
Exhibit 39: MEA - Market size and forecast 2018-2023 (thousand t)
Exhibit 40: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 41: South America - Market size and forecast 2018-2023 (thousand t)
Exhibit 42: South America - Year-over-year growth 2019-2023 (%)
Exhibit 43: Key leading countries
Exhibit 44: Market opportunity
Exhibit 45: Global automobile production 2017-2022 (million units)
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Asahi Kasei - Vendor overview
Exhibit 53: Asahi Kasei - Business segments
Exhibit 54: Asahi Kasei - Organizational developments
Exhibit 55: Asahi Kasei - Geographic focus
Exhibit 56: Asahi Kasei - Segment focus
Exhibit 57: Asahi Kasei - Key offerings
Exhibit 58: BASF - Vendor overview
Exhibit 59: BASF - Product segments
Exhibit 60: BASF - Organizational developments
Exhibit 61: BASF - Geographic focus
Exhibit 62: BASF - Segment focus
Exhibit 63: BASF - Key offerings
Exhibit 64: JSR - Vendor overview
Exhibit 65: JSR - Business segments
Exhibit 66: JSR - Organizational developments
Exhibit 67: JSR - Geographic focus
Exhibit 68: JSR - Segment focus
Exhibit 69: JSR - Key offerings
Exhibit 70: Mitsui Chemicals - Vendor overview
Exhibit 71: Mitsui Chemicals - Business segments
Exhibit 72: Mitsui Chemicals - Organizational developments
Exhibit 73: Mitsui Chemicals - Geographic focus
Exhibit 74: Mitsui Chemicals - Segment focus
Exhibit 75: Mitsui Chemicals - Key offerings
Exhibit 76: SABIC - Vendor overview
Exhibit 77: SABIC - Business segments
Exhibit 78: SABIC - Organizational developments
Exhibit 79: SABIC - Geographic focus
Exhibit 80: SABIC - Segment focus
Exhibit 81: SABIC - Key offerings
Exhibit 82: TORAY INDUSTRIES - Vendor overview
Exhibit 83: TORAY INDUSTRIES - Business segments
Exhibit 84: TORAY INDUSTRIES - Organizational developments
Exhibit 85: TORAY INDUSTRIES - Geographic focus
Exhibit 86: TORAY INDUSTRIES - Segment focus
Exhibit 87: TORAY INDUSTRIES - Key offerings
Exhibit 88: Validation techniques employed for market sizing

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