ACRYLONITRILE-BUTADIENE-STYRENE MARKET:TRENDS ANALYSIS AND FORECASTS UP TO 2022

Acrylonitrile-Butadiene-Styrene (ABS) market size is
projected to surpass USD 31.5 billion by 2022, grow-
ing at a CAGR between 7.0% and 7.5% from 2016 to
2021. Acrylonitrile Butadiene Styrene (ABS) is a poly-
mer comprising of acrylonitrile, butadiene and sty-
rene. Styrene is the major constituent of ABS. Auto-
motive parts, pipes, industrial appliances, machines,
and telephone components are some of the most
commonly seen uses of acrylonitrile butadiene sty-
rene. ABS polymers are also resistant to aqueous
acids, alkalis, alcohols and animal, vegetable and
mineral oils, concentrated hydrochloric and phosphor-
ic acids. The global ABS market is anticipated to be
driven by growing demand from automobile and con-
sumer goods (appliances) industries.
Rapid economic growth and increasing purchasing
power parity in emerging markets such as China, In-
dia and Brazil is expected to drive the demand for
consumer appliances and automobiles in over the
period of 2016 to 2022. This in turn is likely to boost
the market for acrylonitrile butadiene styrene market
over the period of 2016 to 2022. Globally, the de-
mand for light weight and fuel efficient automobiles is
on the rise among the middle class and upper middle
class families. Acrylonitrile butadiene styrene has
been increasingly preferred over conventional materi-
als such as metal, wood and nylon in the automo-
biles, owing to which the global market for acryloni-
trile butadiene styrene has grown at an annual rate of
6.5% to 7% over the period of 2012 to 2015. This
trend is expected to continue in the years to come
and the suppliers of acrylonitrile butadiene styrene
are likely to cash in more opportunities.
The global Acrylonitrile-Butadiene-Styrene (ABS)
market is segmented on the basis of applications
such as home appliances, automobiles, electrical and
electronic appliances, consumer goods, and con-
struction equipment.
The global acrylonitrile butadiene styrene market co-
vers the analysis of geographies such as North Amer-
ica, Europe, Asia-Pacific and RoW. Among the geog-
raphies Asia-Pacific leads the global market with mar-
ket share over 65%, with china alone accounting for
58% of the market share. Moreover Asia-Pacific re-
gion is expected to grow at the highest CAGR for fol-
lowed by RoW region. North America is expected to
grow at modest CAGR over the forecast period, ow-
ing to steady demand from the U.S. and Canada.
Companies Profiled:,LG Chemicals, Styron, Chi Mei
Corporation, KKPC,Styrolution, Plastic Company,
Formosa, Asahi Kasei

Acrylonitrile-Butadiene-Styrene market: Projection Acrylonitrile-Butadiene-Styrene market applications shares

Appliances Electrical and Electronics

x.x% x.x%

100% 50 100% 100% 50 100%

% %

Automotive Consumer
x.x% x,.x%

2016 2022 100% 50 100% 100% 50 100%

% %

Acrylonitrile-Butadiene-Styrene market : Regional Highlights Acrylonitrile-Butadiene-Styrene market : industry developments of key participants

X.X%

X.X%
x.x Merger &
x.x x.x X.X% Acquisitions
%
% %
X.X%

Joint ventures

North America
x.x New Product
Latin America % Development

Europe
Others
Asia
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