What opportunities and target markets exist for ABS? Considering the lightweight properties of ABS, which aids in high fuel efficiency, demand for the same is likely to increase in the automotive industry.
Application Insights The global automotive industry has been growing rapidly. There is further demand segmentation for countries like the U. What will the market size be in and at what rate will it grow?
ABS copolymers exhibit better toughness; temperature stability and solvent resistance properties in comparison to high impact polystyrene. Increasing use of styrene butadiene rubber SBR is likely to hinder market growth over the forecast period. Key strategic moves and developments Request for Table of Content With collective industry experience of about years of its analysts and experts, Allied Market Research AMR encompasses most infallible research methodology for its market intelligence and industry analysis.
Emulsion and suspension process have been the preferred method of manufacturing for several years.
The manufacturing process of ABS resins leads to emission of solid waste gases that are harmful to human beings and strictly violate environmental regulations. The mass process of ABS manufacturing involves the polymerization of styrene and acrylonitrile in the presence of a rubber substrate polybutadiene PBstyrene butadiene rubber SBRnitrile butadiene rubber NBR in the monomer phase.
Europeand Others. Acrylonitrile butadiene styrene is used for vacuum construction and pipes and fittings due to excellent mechanical strength and light weight. Growing Demand in Different End-user Industries Acrylonitrile offers excellent durability, strength, and heat resistance properties, owing to which it is used in several end-user industries, such as automotive, construction, plastics, pharmaceuticals, and consumer goods.
Primary research represents the bulk research effort coupled with extensive secondary research. Asia Pacific was the largest consumer for styrene, followed by Europe. The market is challenged by restraints such as rising trade protectionism and stringent regulations on plastic products.
Additionally, the study comprises a market attractiveness analysis, wherein the applications are benchmarked based on their market size, growth rate and general attractiveness.
Furthermore, the market data is based on current information. Global industry leaders and large organizations see an expanded role for automation and robotics in the styrene products industry.
The study includes the drivers and restraints for the acrylonitrile butadiene styrene ABS market along with the impact they have on the demand over the forecast period. Replacement of traditional materials like metals, inter polymer substitution, growth in purchasing power of developing economies are some of the key drivers for ABS demand.
How is the market evolving by demand-supply, segment and region? The country witnessed increased production even during the recession.The Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market is currently valued at USD billion inand is projected to reach USD billion byregistering a CAGR of % during the forecast period, North America is expected to lead the market owing to its rapid growth in the automotive and ceramic industries, while Asia-Pacific offers the highest growth rate.
Butadiene Market by Applications (SBR, PBR, Acrylonitrile Butadiene Styrene, SB Latex, Nitrile Rubber, Adiponitrile, Others) - Global Opportunity Analysis and Industry Forecast, Get 20% Free Customization In This Report.
Asia-Pacific is the world’s largest market of butadiene, which consumed more than half of the total global demand, and also for most of its derivatives that includes styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), and nitrile rubber (NR).
The global acrylonitrile butadiene styrene (ABS) market size was estimated at USD billion in and it is projected to witness a CAGR of % over the forecast period. Considering the lightweight properties of ABS, which aids in high fuel efficiency, demand for the same is likely to increase in the automotive industry.
Aug 27, · This research report categorizes the styrene market by type including polystyrene, expanded polystyrene, ABS (Acrylonitrile butadiene styrene.
February European acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) market players expected a stable growth but potentially volatile pricing forwith raw materials set to continue influencing prices throughout the year.Download