ABS (Acrylonitrile Butadiene Styrene) Resin Market Size, Share, Top Key PlayersPosted by Ajay Chandak on February 10th, 2021 ABS (Acrylonitrile Butadiene Styrene) Resin Market Expected to Reach USD 50.63 Billion by 2027 Increasing applications of acrylonitrile butadiene styrene in the construction and automotive industries significantly bolster the market growth. Market Size – USD 28.93 Billion in 2019, Market Growth - CAGR of 7.2%, Market Trends – Rising applications in the healthcare sector The global ABS (acrylonitrile butadiene styrene) resin market is expected to be valued at USD 50.63 Billion in 2027 from USD 28.93 Billionin 2019, registering a CAGR of 7.2% through the forecast period. Acrylonitrile butadiene styrene (ABS) is an impact-resistant engineering thermoplastic polymer that offers robust chemical and heat resistance and superior processing capabilities. ABS resins are widely used to manufacture commonly used consumer goods, such as lamps, calculators, stationery products, printers, and cylindrical impellers for air-conditioners, used in offices and commercial spaces. Also, these materials are employed in the production of various automotive parts and electronic appliances. Moreover, the high durability, strong resistance to acids and alkalis, surface gloss, and dimensional stability of these resins make them viable for a wide range of industrial uses. Revenue from the global ABS (acrylonitrile butadiene styrene) resin market is expected to register a significantly high growth rate in the coming years. The surging demand for acrylonitrile butadiene styrene resins across automotive, construction, consumer goods, electronics, and healthcare industries is one of the most fundamental factors leading to the growth of this market. The automotive industry uses this material to manufacture automotive upholstery, interiors, bumpers, center consoles, etc. Thus, the rising demand for lightweight vehicles and the growing focus on fuel efficiency are the other factors that are indispensable to market growth. Acrylonitrile butadiene styrene materials are used for manufacturing various medical equipment and consumer electronic appliances. The aerospace industry is a leading end-user of these materials for manufacturing airplane panels, luggage compartments, aircraft doors, interiors, and fuselages. Moreover, the growing population, rapid urbanization, and a boom in construction activities worldwide further boost the global ABS (acrylonitrile butadiene styrene) resin market growth. Key findings of the report:
For the purpose of this report, the global ABS (acrylonitrile butadiene styrene) resin market is segmented based on grade, application, end-user industry, and region: Grade Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
End-user Industry Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Table Of Content 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2027 Chapter 3. Indicative Metrics Chapter 4. Market Segmentation & Impact Analysis Continued………. To know more about the report, visit @ https://www.reportsanddata.com/report-detail/abs-acrylonitrile-butadiene-styrene-resin-market Thank you for reading our report. For more inquiry or query on customization, kindly get in touch with us. Our team will ensure you get the best report suited to your needs. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Contact Us: John W. Head of Business Development Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Reports and Data | Web: www.reportsanddata.com Like it? Share it!More by this author |