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Acrylonitrile Butadiene Styrene Market Share

Report ID: GMI734
Published Date: Jun 2024
Report Format: PDF

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Acrylonitrile Butadiene Styrene Market Share

Acrylonitrile Butadiene Styrene Market Company Share, (2023)

Leading ABS firms are focusing on expanding their product portfolios to cater to diverse industry demands, offering specialized grades for specific applications like automotive components, electronics housings, and construction materials. Increased R&D efforts to innovate with new synthetics, including bio-based ABS is helping these companies to stay competitive and comply with changing environmental regulations. Strategic partnerships and collaborations with raw material suppliers, distributors and end users will facilitate market access and expand geographic reach.

Acrylonitrile Butadiene Styrene Market Companies

Major players operating in the acrylonitrile butadiene styrene industry include:

LG Chem, Ltd.
Ampa Plastics Group (Pty) Ltd.
INEOS Styrolution Group GmbH
Dow Chemical
CHIMEI
Toray Industries, Inc.
Röchling
Kumho Petrochemical
ELIX Polymers
SABIC
Trinseo S.A. (Styron)
China Petroleum & Chemical Corporation (SINOPEC)
Formosa Chemicals & Fibre Corp.
Asahi Kasei Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Acrylonitrile butadiene styrene (ABS) market size was valued at over USD 30.74 billion in 2023 and is set to record over 5.7% CAGR during 2024-2032 driven by its versatile applications and superior material properties.

The appliances segment of the acrylonitrile butadiene styrene (ABS) market recorded over USD 9.4 billion in 2023 and will generate over USD 15.7 billion by 2032 due to ideal properties for manufacturing durable, aesthetically pleasing, and high-performance household appliances.

Asia Pacific market size was valued at over USD 21.6 billion in 2023 and is expected to exceed USD 36.6 billion by 2032 attributed to the rapid industrialization and urbanization like China, India, and Southeast Asian nation.

LG Chem, Ltd., Ampa Plastics Group (Pty) Ltd., INEOS Styrolution Group GmbH, Dow Chemical, CHIMEI, Toray Industries, Inc., Röchling, Kumho Petrochemical, ELIX Polymers, and SABIC among others.