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Global Acrylonitrile Butadiene Styrene (ABS) Market Review & Forecast 2019-2023; Led by Asahi Kasei, BASF, JSR, Mitsui Chemicals, SABIC, and Toray Industries - ResearchAndMarkets.com

February 14, 2019

DUBLIN--(BUSINESS WIRE)--Feb 14, 2019--The “Global Acrylonitrile Butadiene Styrene (ABS) Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The acrylonitrile butadiene styrene (ABS) market will register a CAGR of almost 6% by 2023.

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.

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.

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.

Key Players

  • Asahi Kasei
  • BASF
  • JSR
  • Mitsui Chemicals
  • SABIC
  • Toray Industries

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

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

PART 06: 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 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

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

For more information about this report visit https://www.researchandmarkets.com/research/hjxf5v/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190214005549/en/

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Related Topics:Engineering Plastics,Plastic Additives

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS ENGINEERING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/14/2019 09:42 AM/DISC: 02/14/2019 09:42 AM

http://www.businesswire.com/news/home/20190214005549/en