- Electrical And Electronics
- Consumer Goods
- Construction
- Automotive
- Appliances
- others
Acrylonitrile Butadiene Styrene (ABS) Market size was valued at USD 23.7 billion in 2022. It is expected to reach a value of USD 36.8 billion by 2029, growing at a CAGR of 6.5% from 2023-2029. The global market provides a detailed overview of the Acrylonitrile Butadiene Styrene (ABS) Market, which has been segmented by application. Based on the application, the Acrylonitrile Butadiene Styrene (ABS) is segmented into Electrical and Electronics, Consumer Goods, Construction Equipment, Automotive, Appliances, and others. According to Precision Business Insights, the appliances segment is predicted to register the fastest growth rate during the forecast period.
Acrylonitrile Butadiene Styrene (ABS) Market Key Developments:
In January 2022, INEOS Styrolution started ABS production in Wingles, France, having completed the conversion of an existing polystyrene line to the production of ABS. This move makes Wingles the company’s third ABS production site in Europe, together with Antwerp, Belgium, and Cologne, Germany.
Acrylonitrile Butadiene Styrene Abs Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.5%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Acrylonitrile Butadiene Styrene Market Dynamics
The rising economies will have a significant impact on the ABS market. The overall acrylonitrile butadiene styrene market share is projected to be driven by the expanding use of ABS in numerous applications, including home appliances, consumer goods, and electrical & electronics items in several rising countries.
Asia Pacific Got Significant Share
Acrylonitrile Butadiene Styrene Market Regional Analysis
Asia Pacific market is expected to witness the largest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The acrylonitrile butadiene styrene (abs) market provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The Acrylonitrile butadiene styrene (abs) market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The Acrylonitrile butadiene styrene (abs) market tracks recent innovations, key developments, and start-up details that are actively working in the market
- The Acrylonitrile butadiene styrene (abs) market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Acrylonitrile Butadiene Styrene Abs Market Segmentation
By Application
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The acrylonitrile butadiene styrene (abs) market is projected to expand at a CAGR of 6.5% during the forecast period
The major players in the global Acrylonitrile Butadiene Styrene (ABS) market are BASF (Germany), 3M (United States), Covestro AG (Germany), INEOS (UK), SABIC (Saudi Arabia), LG Chemicals (South Korea), Chi Mei Corporation (Taiwan), Asahi Kasei Corp. (Japan), KUMHO PETROCHEMICAL (South Korea), and Formosa Chemicals & Fibre Corp (Taiwan).
Asia-Pacific is the fastest-growing region for acrylonitrile butadiene styrene (abs) market
| 1. Executive Summary |
| 2. Global Acrylonitrile Butadiene Styrene (ABS) Market Introduction |
| 2.1. Global Acrylonitrile Butadiene Styrene (ABS) Market – Taxonomy |
| 2.2. Global Acrylonitrile Butadiene Styrene (ABS) Market –Definitions |
| 2.2.1. Application |
| 2.2.2. Region |
| 3. Global Acrylonitrile Butadiene Styrene (ABS) Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Acrylonitrile Butadiene Styrene (ABS) Market Dynamic Factors - Impact Analysis |
| 3.6. Global Acrylonitrile Butadiene Styrene (ABS) Market – Competition Landscape |
| 4. Global Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Acrylonitrile Butadiene Styrene (ABS) Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.1. Electrical And Electronics |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Consumer Goods |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Construction |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Automotive |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Appliances |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Acrylonitrile Butadiene Styrene (ABS) Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.1. North America |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Europe |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Asia-Pacific |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Latin America |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Middle East and Africa |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Global Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Region, 2023 - 2029 |
| 7. North America Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 7.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 7.1.1. Electrical And Electronics |
| 7.1.2. Consumer Goods |
| 7.1.3. Construction |
| 7.1.4. Automotive |
| 7.1.5. Appliances |
| 7.1.6. Others |
| 7.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 7.2.1. USA |
| 7.2.2. Canada |
| 7.3. North America Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Country, 2023 - 2029 |
| 7.4. North America Acrylonitrile Butadiene Styrene (ABS) Market Dynamics – Trends |
| 8. Europe Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 8.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Electrical And Electronics |
| 8.1.2. Consumer Goods |
| 8.1.3. Construction |
| 8.1.4. Automotive |
| 8.1.5. Appliances |
| 8.1.6. Others |
| 8.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Germany |
| 8.2.2. UK |
| 8.2.3. France |
| 8.2.4. Spain |
| 8.2.5. Italy |
| 8.2.6. Russia |
| 8.2.7. Poland |
| 8.2.8. Rest of Europe |
| 8.3. Europe Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Country, 2023 - 2029 |
| 8.4. Europe Acrylonitrile Butadiene Styrene (ABS) Market Dynamics – Trends |
| 9. Asia-Pacific Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 9.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Electrical And Electronics |
| 9.1.2. Consumer Goods |
| 9.1.3. Construction |
| 9.1.4. Automotive |
| 9.1.5. Appliances |
| 9.1.6. Others |
| 9.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Japan |
| 9.2.2. China |
| 9.2.3. India |
| 9.2.4. ASEAN |
| 9.2.5. Australia & New Zealand |
| 9.2.6. Rest of Asia-Pacific |
| 9.3. Asia-Pacific Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Country, 2023 - 2029 |
| 9.4. Asia-Pacific Acrylonitrile Butadiene Styrene (ABS) Market Dynamics – Trends |
| 10. Latin America Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 10.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Electrical And Electronics |
| 10.1.2. Consumer Goods |
| 10.1.3. Construction |
| 10.1.4. Automotive |
| 10.1.5. Appliances |
| 10.1.6. Others |
| 10.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Brazil |
| 10.2.2. Mexico |
| 10.2.3. Argentina |
| 10.2.4. Rest of Latin America |
| 10.3. Latin America Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Country, 2023 - 2029 |
| 10.4. Latin America Acrylonitrile Butadiene Styrene (ABS) Market Dynamics – Trends |
| 11. Middle East and Africa Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kilo Tons) |
| 11.1. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Electrical And Electronics |
| 11.1.2. Consumer Goods |
| 11.1.3. Construction |
| 11.1.4. Automotive |
| 11.1.5. Appliances |
| 11.1.6. Others |
| 11.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Gulf Cooperation Council (GCC) Countries |
| 11.2.2. Israel |
| 11.2.3. South Africa |
| 11.2.4. Rest of MEA |
| 11.3. MEA Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application and Country, 2023 - 2029 |
| 11.4. MEA Acrylonitrile Butadiene Styrene (ABS) Market Dynamics – Trends |
| 12. Competition Landscape |
| 12.1. Strategic Dashboard of Top Market Players |
| 12.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 12.2.1. BASF (Ludwigshafen, Germany) |
| 12.2.2. 3M (Minnesota, United States) |
| 12.2.3. Covestro AG (Leverkusen, Germany) |
| 12.2.4. INEOS (London, UK) |
| 12.2.5. SABIC (Riyadh, Saudi Arabia) |
| 12.2.6. LG Chemicals (Seoul, South Korea) |
| 12.2.7. Chi Mei Corporation (Tainan City, Taiwan) |
| 12.2.8. Asahi Kasei Corp. (Tokyo, Japan) |
| 12.2.9. KUMHO PETROCHEMICAL (Seoul, South Korea) |
| 12.2.10. Formosa Chemicals & Fibre Corp (Tainan City, Taiwan) |
| 13. Research Methodology |
| 14. Key Assumptions and Acronyms |
- BASF (Ludwigshafen, Germany)
- 3M (Minnesota, United States)
- Covestro AG (Leverkusen, Germany)
- INEOS (London, UK)
- SABIC (Riyadh, Saudi Arabia)
- LG Chemicals (Seoul, South Korea)
- Chi Mei Corporation (Tainan City, Taiwan)
- Asahi Kasei Corp. (Tokyo, Japan)
- KUMHO PETROCHEMICAL (Seoul, South Korea)
- Formosa Chemicals & Fibre Corp (Tainan City, Taiwan)