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Product Code LP09129094853MM
Published Date 2024/1/4
English129 PagesGlobal

Global ABS Resins Market Growth 2024-2030Materials_Chemicals Market


Report Thumbnail
Product Code LP09129094853MM◆The Jan 2026 edition is also likely available. We will check with the publisher immediately.
Published Date 2024/1/4
English 129 PagesGlobal

Global ABS Resins Market Growth 2024-2030Materials_Chemicals Market



Abstract


Summary

According to our LPI (LP Information) latest study, the global ABS Resins market size was valued at US$ 16010 million in 2023. With growing demand in downstream market, the ABS Resins is forecast to a readjusted size of US$ 21360 million by 2030 with a CAGR of 4.2% during review period.
The research report highlights the growth potential of the global ABS Resins market. ABS Resins are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of ABS Resins. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the ABS Resins market.
ABS is a kind of polymer obtained through the copolymerization of three kinds of monomers, namely acrylonitrile, butadiene and styrene. Each of these three monomers has a specific property: the addition of acrylonitrile can improve the anti-corrosion and rigidity properties, butadiene promotes the shock resistance and styrene will contribute the material good fineness. It is among the low cost engineering plastic that is easy to machine and fabricate. ABS is an ideal material for structural applications when impact resistance, strength, and stiffness are required. It is widely used for machining pre-production prototypes such as the auto dashboard since it has excellent dimensional stability and is easy to paint and glue. Natural (beige) ABS and black ABS are FDA compliant for use in food processing applications. Besides, it is widely used in the toys and electron industries including the PC enclosure.
Global top 5 players of ABS resins are, LG Chem, Formosa, CHIMEI, CNPC and Lotte Chemical, with nearly a half market share. Among the giants in the industry, LG Chem makes up over 10%.
The largest market size held by Asia-Pacific, with a share over 70%, followed by Europe (10%) and North America (8%).
General purpose ABS and specialty ABS are two main types of the product, in which the dominant is general purpose ABS, with a share about 80%.
Micro DC motors has been widely used in automotive, household appliances, consumer goods and electronics. And the market of household appliances is the largest segment, with a market share of 30%.
Key Features:
The report on ABS Resins market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the ABS Resins market. It may include historical data, market segmentation by Type (e.g., General Purpose ABS, Specialty ABS), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the ABS Resins market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the ABS Resins market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the ABS Resins industry. This include advancements in ABS Resins technology, ABS Resins new entrants, ABS Resins new investment, and other innovations that are shaping the future of ABS Resins.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the ABS Resins market. It includes factors influencing customer ' purchasing decisions, preferences for ABS Resins product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the ABS Resins market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting ABS Resins market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the ABS Resins market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the ABS Resins industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the ABS Resins market.
Market Segmentation:
ABS Resins market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
General Purpose ABS
Specialty ABS
Segmentation by application
Automotive
Household Appliances
Consumer Goods
Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LG Chem
Formosa
CHIMEI
CNPC
Lotte Chemical
INEOS Styrolution
Toray
SABIC
JSR
Dagu Chemical
KKPC
Huajin Chemical
Gaoqiao
Grand Pacific Petrochemical
Trinseo
Kumho Sunny
Key Questions Addressed in this Report
What is the 10-year outlook for the global ABS Resins market?
What factors are driving ABS Resins market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do ABS Resins market opportunities vary by end market size?
How does ABS Resins break out type, application?

Table of Contents

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global ABS Resins Annual Sales 2019-2030 2.1.2 World Current & Future Analysis for ABS Resins by Geographic Region, 2019, 2023 & 2030 2.1.3 World Current & Future Analysis for ABS Resins by Country/Region, 2019, 2023 & 2030 2.2 ABS Resins Segment by Type 2.2.1 General Purpose ABS 2.2.2 Specialty ABS 2.3 ABS Resins Sales by Type 2.3.1 Global ABS Resins Sales Market Share by Type (2019-2024) 2.3.2 Global ABS Resins Revenue and Market Share by Type (2019-2024) 2.3.3 Global ABS Resins Sale Price by Type (2019-2024) 2.4 ABS Resins Segment by Application 2.4.1 Automotive 2.4.2 Household Appliances 2.4.3 Consumer Goods 2.4.4 Electronics 2.4.5 Others 2.5 ABS Resins Sales by Application 2.5.1 Global ABS Resins Sale Market Share by Application (2019-2024) 2.5.2 Global ABS Resins Revenue and Market Share by Application (2019-2024) 2.5.3 Global ABS Resins Sale Price by Application (2019-2024) 3 Global ABS Resins by Company 3.1 Global ABS Resins Breakdown Data by Company 3.1.1 Global ABS Resins Annual Sales by Company (2019-2024) 3.1.2 Global ABS Resins Sales Market Share by Company (2019-2024) 3.2 Global ABS Resins Annual Revenue by Company (2019-2024) 3.2.1 Global ABS Resins Revenue by Company (2019-2024) 3.2.2 Global ABS Resins Revenue Market Share by Company (2019-2024) 3.3 Global ABS Resins Sale Price by Company 3.4 Key Manufacturers ABS Resins Producing Area Distribution, Sales Area, Product Type 3.4.1 Key Manufacturers ABS Resins Product Location Distribution 3.4.2 Players ABS Resins Products Offered 3.5 Market Concentration Rate Analysis 3.5.1 Competition Landscape Analysis 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024) 3.6 New Products and Potential Entrants 3.7 Mergers & Acquisitions, Expansion 4 World Historic Review for ABS Resins by Geographic Region 4.1 World Historic ABS Resins Market Size by Geographic Region (2019-2024) 4.1.1 Global ABS Resins Annual Sales by Geographic Region (2019-2024) 4.1.2 Global ABS Resins Annual Revenue by Geographic Region (2019-2024) 4.2 World Historic ABS Resins Market Size by Country/Region (2019-2024) 4.2.1 Global ABS Resins Annual Sales by Country/Region (2019-2024) 4.2.2 Global ABS Resins Annual Revenue by Country/Region (2019-2024) 4.3 Americas ABS Resins Sales Growth 4.4 APAC ABS Resins Sales Growth 4.5 Europe ABS Resins Sales Growth 4.6 Middle East & Africa ABS Resins Sales Growth 5 Americas 5.1 Americas ABS Resins Sales by Country 5.1.1 Americas ABS Resins Sales by Country (2019-2024) 5.1.2 Americas ABS Resins Revenue by Country (2019-2024) 5.2 Americas ABS Resins Sales by Type 5.3 Americas ABS Resins Sales by Application 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC ABS Resins Sales by Region 6.1.1 APAC ABS Resins Sales by Region (2019-2024) 6.1.2 APAC ABS Resins Revenue by Region (2019-2024) 6.2 APAC ABS Resins Sales by Type 6.3 APAC ABS Resins Sales by Application 6.4 China 6.5 Japan 6.6 South Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 6.10 China Taiwan 7 Europe 7.1 Europe ABS Resins by Country 7.1.1 Europe ABS Resins Sales by Country (2019-2024) 7.1.2 Europe ABS Resins Revenue by Country (2019-2024) 7.2 Europe ABS Resins Sales by Type 7.3 Europe ABS Resins Sales by Application 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa ABS Resins by Country 8.1.1 Middle East & Africa ABS Resins Sales by Country (2019-2024) 8.1.2 Middle East & Africa ABS Resins Revenue by Country (2019-2024) 8.2 Middle East & Africa ABS Resins Sales by Type 8.3 Middle East & Africa ABS Resins Sales by Application 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Manufacturing Cost Structure Analysis 10.1 Raw Material and Suppliers 10.2 Manufacturing Cost Structure Analysis of ABS Resins 10.3 Manufacturing Process Analysis of ABS Resins 10.4 Industry Chain Structure of ABS Resins 11 Marketing, Distributors and Customer 11.1 Sales Channel 11.1.1 Direct Channels 11.1.2 Indirect Channels 11.2 ABS Resins Distributors 11.3 ABS Resins Customer 12 World Forecast Review for ABS Resins by Geographic Region 12.1 Global ABS Resins Market Size Forecast by Region 12.1.1 Global ABS Resins Forecast by Region (2025-2030) 12.1.2 Global ABS Resins Annual Revenue Forecast by Region (2025-2030) 12.2 Americas Forecast by Country 12.3 APAC Forecast by Region 12.4 Europe Forecast by Country 12.5 Middle East & Africa Forecast by Country 12.6 Global ABS Resins Forecast by Type 12.7 Global ABS Resins Forecast by Application 13 Key Players Analysis 13.1 LG Chem 13.1.1 LG Chem Company Information 13.1.2 LG Chem ABS Resins Product Portfolios and Specifications 13.1.3 LG Chem ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.1.4 LG Chem Main Business Overview 13.1.5 LG Chem Latest Developments 13.2 Formosa 13.2.1 Formosa Company Information 13.2.2 Formosa ABS Resins Product Portfolios and Specifications 13.2.3 Formosa ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.2.4 Formosa Main Business Overview 13.2.5 Formosa Latest Developments 13.3 CHIMEI 13.3.1 CHIMEI Company Information 13.3.2 CHIMEI ABS Resins Product Portfolios and Specifications 13.3.3 CHIMEI ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.3.4 CHIMEI Main Business Overview 13.3.5 CHIMEI Latest Developments 13.4 CNPC 13.4.1 CNPC Company Information 13.4.2 CNPC ABS Resins Product Portfolios and Specifications 13.4.3 CNPC ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.4.4 CNPC Main Business Overview 13.4.5 CNPC Latest Developments 13.5 Lotte Chemical 13.5.1 Lotte Chemical Company Information 13.5.2 Lotte Chemical ABS Resins Product Portfolios and Specifications 13.5.3 Lotte Chemical ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.5.4 Lotte Chemical Main Business Overview 13.5.5 Lotte Chemical Latest Developments 13.6 INEOS Styrolution 13.6.1 INEOS Styrolution Company Information 13.6.2 INEOS Styrolution ABS Resins Product Portfolios and Specifications 13.6.3 INEOS Styrolution ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.6.4 INEOS Styrolution Main Business Overview 13.6.5 INEOS Styrolution Latest Developments 13.7 Toray 13.7.1 Toray Company Information 13.7.2 Toray ABS Resins Product Portfolios and Specifications 13.7.3 Toray ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.7.4 Toray Main Business Overview 13.7.5 Toray Latest Developments 13.8 SABIC 13.8.1 SABIC Company Information 13.8.2 SABIC ABS Resins Product Portfolios and Specifications 13.8.3 SABIC ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.8.4 SABIC Main Business Overview 13.8.5 SABIC Latest Developments 13.9 JSR 13.9.1 JSR Company Information 13.9.2 JSR ABS Resins Product Portfolios and Specifications 13.9.3 JSR ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.9.4 JSR Main Business Overview 13.9.5 JSR Latest Developments 13.10 Dagu Chemical 13.10.1 Dagu Chemical Company Information 13.10.2 Dagu Chemical ABS Resins Product Portfolios and Specifications 13.10.3 Dagu Chemical ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.10.4 Dagu Chemical Main Business Overview 13.10.5 Dagu Chemical Latest Developments 13.11 KKPC 13.11.1 KKPC Company Information 13.11.2 KKPC ABS Resins Product Portfolios and Specifications 13.11.3 KKPC ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.11.4 KKPC Main Business Overview 13.11.5 KKPC Latest Developments 13.12 Huajin Chemical 13.12.1 Huajin Chemical Company Information 13.12.2 Huajin Chemical ABS Resins Product Portfolios and Specifications 13.12.3 Huajin Chemical ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.12.4 Huajin Chemical Main Business Overview 13.12.5 Huajin Chemical Latest Developments 13.13 Gaoqiao 13.13.1 Gaoqiao Company Information 13.13.2 Gaoqiao ABS Resins Product Portfolios and Specifications 13.13.3 Gaoqiao ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.13.4 Gaoqiao Main Business Overview 13.13.5 Gaoqiao Latest Developments 13.14 Grand Pacific Petrochemical 13.14.1 Grand Pacific Petrochemical Company Information 13.14.2 Grand Pacific Petrochemical ABS Resins Product Portfolios and Specifications 13.14.3 Grand Pacific Petrochemical ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.14.4 Grand Pacific Petrochemical Main Business Overview 13.14.5 Grand Pacific Petrochemical Latest Developments 13.15 Trinseo 13.15.1 Trinseo Company Information 13.15.2 Trinseo ABS Resins Product Portfolios and Specifications 13.15.3 Trinseo ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.15.4 Trinseo Main Business Overview 13.15.5 Trinseo Latest Developments 13.16 Kumho Sunny 13.16.1 Kumho Sunny Company Information 13.16.2 Kumho Sunny ABS Resins Product Portfolios and Specifications 13.16.3 Kumho Sunny ABS Resins Sales, Revenue, Price and Gross Margin (2019-2024) 13.16.4 Kumho Sunny Main Business Overview 13.16.5 Kumho Sunny Latest Developments 14 Research Findings and Conclusion
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