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Acrylonitrile Butadiene Styrene Market by Type (Opaque, Transparent, Colored), Grade (High Impact, Heat Resistant, Electroplatable, Flame Retardant, Blended), Manufacturing Process, Technology, Applications, and Region - Global Forecast to 2028

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    Report

  • 226 Pages
  • August 2023
  • Region: Global
  • Markets and Markets
  • ID: 5865831

The ABS market is projected to reach USD 39.9 billion by 2028, at a CAGR of 6.9% from USD 28.6 billion in 2023. The global ABS market has a promising growth potential driven primarily by factors such as increasing demand in the automotive and appliances industries, a focus on lightweight materials for fuel efficiency, and rising awareness of sustainability and recyclability.

The transparent segment type is projected to grow at the second-fastest CAGR during the forecast period.

Transparent ABS is the second fastest-growing segment due to its versatility and increasing demand in various industries. Its unique properties, including transparency, translucency, and impact resistance, make it a preferred choice for applications such as automotive lenses, medical equipment, display cases, and lighting fixtures. As industries seek visually appealing and durable materials, the usage of transparent ABS continues to surge, driving its rapid growth and market significance.

Continuous mass polymerization is projected to grow at the fastest rate among the manufacturing processes in the ABS market.

Continuous mass polymerization is expected to grow at the fastest rate in the ABS market due to its advantages such as high production efficiency, cost-effectiveness, and consistent product quality. Continuous mass polymerization allows for continuous & uninterrupted production, reducing downtime, and increasing productivity. Additionally, it offers better control over process parameters, resulting in improved product characteristics. These factors contribute to the growing adoption of continuous mass polymerization in the ABS market.

Middle East & Africa is projected to be the second-fastest growing region in the ABS market during the forecast period.

Middle East & Africa is projected to be the second fastest-growing region in the ABS market due to the increasing demand for ABS in various end-use industries, including automotive, construction, and electronics. The region's growing population, rapid urbanization, and rising disposable income are driving the demand for consumer goods and automobiles, fueling the adoption of ABS in manufacturing processes. Additionally, infrastructure development projects in the region are boosting the demand for ABS in construction applications, contributing to its significant growth potential.

Extensive primary interviews were conducted to determine and verify the sizes of several segments and subsegments of the ABS market gathered through secondary research.

The breakdown of primary interviews has been given below.

  • By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
  • By Designation: C Level Executives - 20%, Director Level - 10%, Others - 70%
  • By Region: North America - 20%, Europe - 30%, Asia Pacific - 30%, Middle East & Africa - 10%, South America-10%.

The key players in the ABS market are LG Chem Ltd. (South Korea), ChiMei Corporation (Taiwan), INEOS Styrolution (Germany), PetroChina Co Ltd. (China), Formosa Chemicals & Fibre Corporation (Taiwan), Sabic (Saudi Arabia), Toray Industries Inc. (Japan), Lotte Chemical (South Korea), Versalis (Italy), Kumho Petrochemical (South Korea), BASF SE (Germany), and Covestro AG (Germany), Trinseo(US), Techno UMG Ltd(Japan), Tianjin Dagu Chemical (China), The Iran Petrochemical Commercial Company (Iran), Shanghai Gaoqiao Petrochemical Company (China), IRPC (Thailand), RTP Company (USA) and Ravago Manufacturing (USA), among others. The ABS market report analyzes the key growth strategies, such as new product launches, expansions, investments, and acquisitions to strengthen their market positions.

Research Coverage

This report provides detailed segmentation of the ABS market and forecasts its market size until 2028. The market has been segmented based on by type (opaque, transparent, and colored), grade (high impact, heat resistant, electroplatable, flame retardant, and blended), manufacturing process (emulsion polymerization, mass polymerization, and continuous mass polymerization), technology (extrusion, injection molding, blow molding, thermoforming, and 3D printing), applications (appliances, electrical & electronics, automotive, consumer goods, and construction), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, partnerships, expansions, and acquisitions associated with the ABS market.

Key benefits of buying this report

This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the ABS market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers (growing demand from end-use industries, surging consumer awareness & preference for high-performance plastics, advancements in manufacturing technologies), restraints (competition from alternative materials, lack of skilled workforce & testing facilities in developing countries), opportunities (advancements in 3D printing, the increasing demand for sustainable packaging solutions), and challenges (the availability and efficiency of recycling infrastructure for ABS waste) influencing the growth of the ABS market
  • Market Penetration: Comprehensive information on ABS offered by top players in the global ABS market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and acquisitions in the ABS market.
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for ABS market across regions.
  • Market Diversification: Exhaustive information about partnerships, growing geographies, and recent developments in the ABS market
  • Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
Table 1 ABS Market: Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 ABS Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders

2 Research Methodology
2.1 Impact of Recession
2.2 Research Data
Figure 2 ABS Market: Research Design
2.2.1 Secondary Data
2.2.1.1 Major Secondary Sources
2.2.1.2 Key Data from Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data from Primary Sources
2.2.3 Primary Interviews
2.2.3.1 Key Industry Insights
2.2.3.2 Breakdown of Primary Interviews
2.3 Market Size Estimation
Figure 3 Market Size Estimation Approach
2.3.1 Regional Analysis
Figure 4 Market Size Regional Estimation
2.3.2 Top-Down Approach
2.3.2.1 Arriving at Market Size Using Top-Down Approach
Figure 5 Top-Down Approach
2.3.3 Bottom-Up Approach
2.3.3.1 Arriving at Market Size Using Bottom-Up Approach
Figure 6 Bottom-Up Approach
2.4 Data Triangulation
Figure 7 ABS Market: Data Triangulation
2.5 Factor Analysis
2.6 Assumptions
2.7 Limitations & Risks

3 Executive Summary
Figure 8 Opaque Segment to Lead Market During Forecast Period
Figure 9 High Impact Grade to Lead Market During Forecast Period
Figure 10 Injection Molding to Lead Market During Forecast Period
Figure 11 Emulsion Polymerization Accounted for the Largest Share of the ABS Market
Figure 12 Automotive Applications Accounted for Largest Share of ABS Market
Figure 13 Asia-Pacific Accounted for Largest Share of ABS Market

4 Premium Insights
4.1 Attractive Opportunities for Players in the ABS Market
Figure 14 Asia-Pacific to Offer Attractive Opportunities in ABS Market During Forecast Period
4.2 ABS Market, by Type
Figure 15 Opaque Segment to Lead Market During Forecast Period
4.3 ABS Market, by Technology
Figure 16 Injection Molding to Lead Market During Forecast Period
4.4 ABS Market, by Grade
Figure 17 High Impact to Lead Market During Forecast Period
4.5 ABS Market, by Manufacturing Process
Figure 18 Emulsion Polymerization to Lead Market During Forecast Period
4.6 ABS Market, by Application
Figure 19 Automotive Segment to Lead Market During Forecast Period
4.7 ABS Market in Asia-Pacific, by End-user and Country, 2022
Figure 20 Automotive Segment and China Accounted for Largest Shares
4.8 ABS Market, by Region
Figure 21 China to Grow at Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand from End-use Industries
5.2.1.2 Advancements in Manufacturing Technologies
5.2.1.3 Surging Consumer Awareness and Preference for High-Performance Plastics
5.2.2 Restraints
5.2.2.1 Competition from Alternative Materials
5.2.2.2 Lack of Skilled Workforce and Testing Facilities in Emerging Economies
5.2.3 Opportunities
5.2.3.1 Advancements in 3D Printing
5.2.3.2 Increasing Demand for Sustainable Packaging Solutions
5.2.4 Challenges
5.2.4.1 Availability and Efficiency of Recycling Infrastructure for ABS Waste
5.3 Porter's Five Forces Analysis
Figure 23 ABS Market: Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Intensity of Competitive Rivalry
Table 2 ABS Market: Porter's Five Forces Analysis
5.4 Supply Chain Analysis
Figure 24 ABS Market: Supply Chain Analysis
5.5 Raw Material Analysis
5.5.1 Acrylonitrile
5.5.2 Butadiene
5.5.3 Styrene
5.6 Case Study Analysis
5.6.1 Cost-Effective Material Solution for Premium Car Speaker Grills
5.6.2 Developing Customized Material Solution for Home Oxygen Concentrators
5.6.3 Power of Antimicrobial ABS for Daily Life Products
5.7 Macroeconomic Indicators
5.7.1 GDP Trends and Forecast
Table 3 GDP Trends and Forecast, by Major Economy, 2021-2028 (USD Billion)
5.8 Regulatory Landscape
5.8.1 Regulations
5.8.1.1 Europe
5.8.1.2 US
5.8.1.3 Others
5.8.2 Standards
5.8.2.1 Occupational Safety and Health Act of 1970 (OSHA Standards)
5.8.2.2 European Committee for Standardization (Cen)
5.8.3 Regulatory Bodies, Government Agencies, and Other Organizations
Table 4 Regulatory Bodies, Government Agencies, and Other Organizations
5.9 Trade Analysis
Table 5 Major Exporting Countries - ABS (USD Million)
Wtable 6 Major Importing Countries- ABS (USD Million)
5.10 Technology Analysis
5.10.1 Additive Manufacturing/3D Printing
5.10.2 Bio-based ABS
5.10.3 Surface Modification Techniques
5.10.4 Digitalization and Data-Driven Manufacturing
5.10.5 Hybrid ABS Composites
5.11 Average Selling Price Trend
Table 7 Average Selling Price, by Region (USD/KG)
Table 8 Average Selling Price, by Key Player (USD/KG)
Table 9 Average Selling Price, by Key Application (USD/KG)
5.12 Ecosystem Mapping
Figure 25 ABS Ecosystem Mapping
Table 10 ABS Market: Ecosystem
5.13 Trends and Disruptions Impacting Customers’ Businesses
Figure 26 Automotive, Consumer Goods, and Construction Applications to Drive Market
5.14 Patent Analysis
5.14.1 Introduction
5.14.2 Methodology
5.14.3 Document Type
Figure 27 Total Number of Patents Registered in 10 Years (2012-2022)
5.14.4 Publication Trends, Last 10 Years
Figure 28 Number of Patents Year-Wise from 2012 to 2022
5.14.5 Insights
5.14.6 Legal Status of Patents
Figure 29 Patent Analysis, by Legal Status
5.14.7 Jurisdiction Analysis
Figure 30 Top Jurisdiction - by Document
5.14.8 Top Companies/Applicants
Figure 31 Top 10 Patent Applicants
5.14.8.1 Patents by Seagate Plastics Company
Table 11 Patents by Seagate Plastics Company
5.14.8.2 Patents by LG Chemical Ltd.
Table 12 Patents by LG Chemical Ltd.
5.14.8.3 Patents by Lg Electronics Inc.
Table 13 Patents by Lg Electronics Inc.
5.14.9 Top 10 Patent Owners (US) in Last 10 Years
Table 14 Top 10 Patent Owners
5.15 Key Conferences & Events in 2023-2024
Table 15 ABS Market: Conferences & Events
5.16 Buying Criteria
Figure 32 Influence of Key Stakeholders in Buying Process for Top 3 Applications
Table 16 Key Buying Criteria for Top 3 Applications

6 ABS Market, by Type
6.1 Introduction
Figure 33 ABS Market, by Type (2023-2028)
Table 17 ABS Market, by Type, 2021-2028 (Kiloton)
Table 18 ABS Market, by Type, 2021-2028 (USD Million)
6.2 Opaque ABS
6.2.1 Increased Demand from Various End-use Industries to Drive Market
6.3 Colored ABS
6.3.1 Excellent Mechanical Properties to Drive Market
6.4 Transparent ABS
6.4.1 Visual Appeal and Strength to Drive Market

7 ABS Market, by Grade
7.1 Introduction
Figure 34 ABS Market, by Grade (2023-2028)
Table 19 ABS Market, by Grade, 2021-2028 (Kiloton)
Table 20 ABS Market, by Grade, 2021-2028 (USD Million)
7.2 High-Impact ABS
7.2.1 Outstanding Toughness to Drive Market
7.3 Heat-Resistant ABS
7.3.1 High Demand from Various End-use Industries to Drive Market
7.4 Electroplatable ABS
7.4.1 Increasing Demand from Automotive and Electronics to Drive Market
7.5 Flame-Retardant ABS
7.5.1 Enhanced Fire Safety Properties to Drive Market
7.6 Blended ABS
7.6.1 Enhanced Performance Capabilities to Drive Market

8 ABS Market, by Manufacturing Process
8.1 Introduction
Figure 35 ABS Market, by Manufacturing Process (2023-2028)
Table 21 ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 22 ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
8.2 Emulsion Polymerization
8.2.1 Enhanced ABS Properties to Drive Market
8.3 Mass Polymerization
8.3.1 Enhanced Impact Resistance and Tensile Strength to Drive Market
8.4 Continuous Mass Polymerization
8.4.1 Consistent Product Quality Throughout Production Process to Drive Market
8.5 Others

9 ABS Market, by Technology
9.1 Introduction
Figure 36 ABS Market, by Technology (2023-2028)
Table 23 ABS Market, by Technology, 2021-2028 (Kiloton)
Table 24 ABS Market, by Technology, 2021-2028 (USD Million)
9.2 Extrusion
9.2.1 Wide Production of ABS Sheets to Drive Market
9.3 Injection Molding
9.3.1 High Production Rates to Drive Market
9.4 Blow Molding
9.4.1 Large-Scale Production of Hollow Plastic Products to Drive Market
9.5 Thermoforming
9.5.1 Cost-Effective Production Process to Drive Market
9.6 3D Printing
9.6.1 Quick and Cost-Effective Printing to Drive Market

10 ABS Market, by Application
10.1 Introduction
Figure 37 ABS Market, by Application (2023-2028)
Table 25 ABS Market, by Application, 2021-2028 (Kiloton)
Table 26 ABS Market, by Application, 2021-2028 (USD Million)
10.2 Appliances
10.2.1 Extensive Use in the Appliances Industry to Drive Market
10.2.1.1 Washing Machine
10.2.1.2 Refrigeration
10.2.1.3 Others
10.3 Electrical and Electronics
10.3.1 Enhanced Product Performance to Drive Market
10.3.1.1 Electronic Enclosures
10.3.1.2 Computer Printer Housing
10.3.1.3 Others
10.4 Automotive
10.4.1 High Demand for ABS in Automotive Industry to Drive Market
10.4.1.1 Instrument Panel
10.4.1.2 Dashboard Console
10.4.1.3 Others
10.5 Consumer Goods
10.5.1 Unleashing Versatility and Durability to Drive Market
10.5.1.1 Small Domestic Appliances
10.5.1.2 Protective Cases
10.5.1.3 Others
10.6 Construction
10.6.1 Embracing ABS for Construction Excellence to Drive Market
10.6.1.1 Pipes and Fittings
10.6.1.2 Roofing and Membranes
10.6.1.3 Others
10.7 Others

11 ABS Market, by Region
11.1 Introduction
Figure 38 China to be Fastest Growing Market During Forecast Period
Table 27 ABS Market, by Region, 2021-2028 (Kiloton)
Table 28 ABS Market, by Region, 2021-2028 (USD Million)
11.2 Asia-Pacific
Figure 39 Asia-Pacific: ABS Market Snapshot
Table 29 Asia-Pacific: ABS Market, by Country, 2021-2028 (Kiloton)
Table 30 Asia-Pacific: ABS Market, by Country, 2021-2028 (USD Million)
Table 31 Asia-Pacific: ABS Market, by Type, 2021-2028 (Kiloton)
Table 32 Asia-Pacific: ABS Market, by Type, 2021-2028 (USD Million)
Table 33 Asia-Pacific: ABS Market, by Grade, 2021-2028 (Kiloton)
Table 34 Asia-Pacific: ABS Market, by Grade, 2021-2028 (USD Million)
Table 35 Asia-Pacific: ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 36 Asia-Pacific: ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
Table 37 Asia-Pacific: ABS Market, by Technology, 2021-2028 (Kiloton)
Table 38 Asia-Pacific: ABS Market, by Technology, 2021-2028 (USD Million)
Table 39 Asia-Pacific: ABS Market, by Application, 2021-2028 (Kiloton)
Table 40 Asia-Pacific: ABS Market Size, by Application, 2021-2028 (USD Million)
11.2.1 China
11.2.1.1 Increasing Demand for Passenger Cars to Drive Market
Table 41 China: ABS Market, by Application, 2021-2028 (Kiloton)
Table 42 China: ABS Market, by Application, 2021-2028 (USD Million)
11.2.2 India
11.2.2.1 Strategic Government Initiatives to Drive Market
Table 43 India: ABS Market, by Application, 2021-2028 (Kiloton)
Table 44 India: ABS Market, by Application, 2021-2028 (USD Million)
11.2.3 Japan
11.2.3.1 Stringent Government Regulations Concerning Greenhouse Gas Emissions to Drive Market
Table 45 Japan: ABS Market, by Application, 2021-2028 (Kiloton)
Table 46 Japan: ABS Market, by Application, 2021-2028 (USD Million)
11.2.4 South Korea
11.2.4.1 Growth in Automotive Sector to Drive Market
Table 47 South Korea: ABS Market, by Application, 2021-2028 (Kiloton)
Table 48 South Korea: ABS Market, by Application, 2021-2028 (USD Million)
11.2.5 Rest of Asia-Pacific
Table 49 Rest of Asia-Pacific: ABS Market, by Application, 2021-2028 (Kiloton)
Table 50 Rest of Asia-Pacific: ABS Market, by Application, 2021-2028 (USD Million)
11.3 Europe
Figure 40 Europe: ABS Market Snapshot
Table 51 Europe: ABS Market, by Country, 2021-2028 (Kiloton)
Table 52 Europe: ABS Market, by Country, 2021-2028 (USD Million)
Table 53 Europe: ABS Market, by Type, 2021-2028 (Kiloton)
Table 54 Europe: ABS Market, by Type, 2021-2028 (USD Million)
Table 55 Europe: ABS Market, by Grade, 2021-2028 (Kiloton)
Table 56 Europe: ABS Market, by Grade, 2021-2028 (USD Million)
Table 57 Europe: ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 58 Europe: ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
Table 59 Europe: ABS Market, by Technology, 2021-2028 (Kiloton)
Table 60 Europe: ABS Market, by Technology, 2021-2028 (USD Million)
Table 61 Europe: ABS Market, by Application, 2021-2028 (Kiloton)
Table 62 Europe: ABS Market, by Application, 2021-2028 (USD Million)
11.3.1 Germany
11.3.1.1 Technological Advancements in Electronics Sector to Drive Market
Table 63 Germany: ABS Market, by Application, 2021-2028 (Kiloton)
Table 64 Germany: ABS Market, by Application, 2021-2028 (USD Million)
11.3.2 Italy
11.3.2.1 Government Initiatives to Promote Sales of Electric Vehicles to Drive Market
Table 65 Italy: ABS Market, by Application, 2021-2028 (Kiloton)
Table 66 Italy: ABS Market, by Application, 2021-2028 (USD Million)
11.3.3 Poland
11.3.3.1 Robust Manufacturing Sector to Drive Market
Table 67 Poland: ABS Market, by Application, 2021-2028 (Kiloton)
Table 68 Poland: ABS Market, by Application, 2021-2028 (USD Million)
11.3.4 Spain
11.3.4.1 Accelerating Automotive Sector to Drive Market
Table 69 Spain: ABS Market, by Application, 2021-2028 (Kiloton)
Table 70 Spain: ABS Market, by Application, 2021-2028 (USD Million)
11.3.5 UK
11.3.5.1 Increasing Demand for Passenger Vehicles to Drive Market
Table 71 UK: ABS Market, by Application, 2021-2028 (Kiloton)
Table 72 UK: ABS Market, by Application, 2021-2028 (USD Million)
11.3.6 Rest of Europe
Table 73 Rest of Europe: ABS Market, by Application, 2021-2028 (Kiloton)
Table 74 Rest of Europe: ABS Market, by Application, 2021-2028 (USD Million)
11.4 North America
Figure 41 North America: ABS Market Snapshot
Table 75 North America: ABS Market, by Country, 2021-2028 (Kiloton)
Table 76 North America: ABS Market, by Country, 2021-2028 (USD Million)
Table 77 North America: ABS Market, by Type, 2021-2028 (Kiloton)
Table 78 North America: ABS Market, by Type, 2021-2028 (USD Million)
Table 79 North America: ABS Market, by Grade, 2021-2028 (Kiloton)
Table 80 North America: ABS Market, by Grade, 2021-2028 (USD Million)
Table 81 North America: ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 82 North America: ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
Table 83 North America: ABS Market, by Technology, 2021-2028 (Kiloton)
Table 84 North America: ABS Market, by Technology, 2021-2028 (USD Million)
Table 85 North America: ABS Market, by Application, 2021-2028 (Kiloton)
Table 86 North America: ABS Market, by Application, 2021-2028 (USD Million)
11.4.1 US
11.4.1.1 Increasing Demand for Electric Vehicles to Drive Market
Table 87 US: ABS Market, by Application, 2021-2028 (Kiloton)
Table 88 US: ABS Market, by Application, 2021-2028 (USD Million)
11.4.2 Canada
11.4.2.1 Government Initiatives for Zero-Emission Electric Vehicles to Drive Market
Table 89 Canada: ABS Market, by Application, 2021-2028 (Kiloton)
Table 90 Canada: ABS Market, by Application, 2021-2028 (USD Million)
11.4.3 Mexico
11.4.3.1 Exports and Domestic Manufacturing to Drive Market
Table 91 Mexico: ABS Market, by Application, 2021-2028 (Kiloton)
Table 92 Mexico: ABS Market, by Application, 2021-2028 (USD Million)
11.5 Middle East & Africa
Figure 42 Middle East & Africa: ABS Market Snapshot
Table 93 Middle East & Africa: ABS Market, by Country, 2021-2028 (Kiloton)
Table 94 Middle East & Africa: ABS Market, by Country, 2021-2028 (USD Million)
Table 95 Middle East & Africa: ABS Market, by Type, 2021-2028 (Kiloton)
Table 96 Middle East & Africa: ABS Market, by Type, 2021-2028 (USD Million)
Table 97 Middle East & Africa: ABS Market, by Grade, 2021-2028 (Kiloton)
Table 98 Middle East & Africa: ABS Market, by Grade, 2021-2028 (USD Million)
Table 99 Middle East & Africa: ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 100 Middle East & Africa: ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
Table 101 Middle East & Africa: ABS Market, by Technology, 2021-2028 (Kiloton)
Table 102 Middle East & Africa: ABS Market, by Technology, 2021-2028 (USD Million)
Table 103 Middle East & Africa: ABS Market, by Application, 2021-2028 (Kiloton)
Table 104 Middle East & Africa: ABS Market, by Application, 2021-2028 (USD Million)
11.5.1 UAE
11.5.1.1 Increasing Demand from Construction Sector to Drive Demand
Table 105 UAE: ABS Market, by Application, 2021-2028 (Kiloton)
Table 106 UAE: ABS Market, by Application, 2021-2028 (USD Million)
11.5.2 Saudi Arabia
11.5.2.1 Growing Construction and Manufacturing Activities to Drive Market
Table 107 Saudi Arabia: ABS Market, by Application, 2021-2028 (Kiloton)
Table 108 Saudi Arabia: ABS Market, by Application, 2021-2028 (USD Million)
11.5.3 South Africa
11.5.3.1 Increasing Demand from Construction Sector to Drive Market
Table 109 South Africa: ABS Market, by Application, 2021-2028 (Kiloton)
Table 110 South Africa: ABS Market, by Application, 2021-2028 (USD Million)
11.5.4 Rest of Middle East & Africa
Table 111 Rest of Middle East & Africa: ABS Market, by Application, 2021-2028 (Kiloton)
Table 112 Rest of Middle East & Africa: ABS Market, by Application, 2021-2028 (USD Million)
11.6 South America
Figure 43 South America: ABS Market Snapshot
Table 113 South America: ABS Market, by Country, 2021-2028 (Kiloton)
Table 114 South America: ABS Market, by Country, 2021-2028 (USD Million)
Table 115 South America: ABS Market, by Type, 2021-2028 (Kiloton)
Table 116 South America: ABS Market, by Type, 2021-2028 (USD Million)
Table 117 South America: ABS Market, by Grade, 2021-2028 (Kiloton)
Table 118 South America: ABS Market, by Grade, 2021-2028 (USD Million)
Table 119 South America: ABS Market, by Manufacturing Process, 2021-2028 (Kiloton)
Table 120 South America: ABS Market, by Manufacturing Process, 2021-2028 (USD Million)
Table 121 South America: ABS Market, by Technology, 2021-2028 (Kiloton)
Table 122 South America: ABS Market, by Technology, 2021-2028 (USD Million)
Table 123 South America: ABS Market, by Application, 2021-2028 (Kiloton)
Table 124 South America: ABS Market, by Application, 2021-2028 (USD Million)
11.6.1 Brazil
11.6.1.1 Economic Growth to Drive Market
Table 125 Brazil: ABS Market, by Application, 2021-2028 (Kiloton)
Table 126 Brazil: ABS Market, by Application, 2021-2028 (USD Million)
11.6.2 Argentina
11.6.2.1 Electronics and Automotive Sectors to Drive Market
Table 127 Argentina: ABS Market, by Application, 2021-2028 (Kiloton)
Table 128 Argentina: ABS Market, by Application, 2021-2028 (USD Million)
11.6.3 Rest of South America
Table 129 Rest of South America: ABS Market, by Application, 2021-2028 (Kiloton)
Table 130 Rest of South America: ABS Market, by Application, 2021-2028 (USD Million)

12 Competitive Landscape
12.1 Overview
Figure 44 Companies Adopted Acquisition and Expansion as Key Growth Strategies Between 2019 and 2023
12.2 Ranking Analysis of Key Market Players
Figure 45 Ranking of Top Five Players in ABS Market, 2022
12.3 Market Share Analysis
Figure 46 ABS Market Share, by Company (2022)
Table 131 ABS Market: Degree of Competition
12.4 Revenue Analysis of Top Players
Table 132 ABS Market: Revenue Analysis (USD Billion)
12.5 Market Evaluation Matrix
Table 133 Market Evaluation Matrix
12.6 Company Evaluation Matrix, 2022
12.6.1 Stars
12.6.2 Emerging Leaders
12.6.3 Pervasive Players
12.6.4 Participants
Figure 47 ABS Market: Company Evaluation Matrix, 2022
12.7 Start-Ups and Small and Medium-Sized Enterprises (SMEs) Evaluation Matrix
12.7.1 Responsive Companies
12.7.2 Starting Blocks
12.7.3 Progressive Companies
12.7.4 Dynamic Companies
Figure 48 ABS Market: Start-Ups and SMEs Matrix, 2022
12.8 Company End-use Industry Footprint
12.9 Company Region Footprint
12.10 Strength of Product Portfolio
12.11 Business Strategy Excellence
12.12 Competitive Scenario
12.12.1 Product Launches
Table 134 Product Launches, 2019-2023
12.12.2 Deals
Table 135 Deals, 2017 - 2023
12.12.3 Other Developments
Table 136 Other Developments, 2019-2023

13 Company Profiles
Business Overview, Products/Solutions/Services Offered, Recent Developments, Deals, Analyst's View, Key Strengths, Strategic Choices, Weaknesses and Competitive Threats)
13.1 Key Players
13.1.1 LG Chem Ltd.
Table 137 LG Chem Ltd.: Company Overview
Figure 49 LG Chem Ltd.: Company Snapshot
Table 138 LG Chem Ltd.: Product Offered
Table 139 LG Chem Ltd.: Other Developments
13.1.2 Chimei Corporation
Table 140 Chimei Corporation: Company Overview
Figure 50 Chimei Corp: Company Snapshot
Table 141 Chimei Corporation: Product Offerings
Table 142 Chimei Corporation: Product Launches
Table 143 Chimei Corporation: Other Developments
13.1.3 Ineos Styrolution
Table 144 Ineos Styrolution: Company Overview
Figure 51 Ineos Styrolution: Company Snapshot
Table 145 Ineos Styrolution: Products Offered
Table 146 Ineos Styrolution: Deals
Table 147 Ineos Styrolution: New Product Launches
Table 148 Ineos Styrolution: Other Developments
13.1.4 PetroChina Co Ltd.
Table 149 PetroChina Co Ltd.: Company Overview
Figure 52 PetroChina Co Ltd.: Company Snapshot
Table 150 PetroChina Co Ltd.: Products Offered
Table 151 PetroChina Co Ltd.: Other Developments
13.1.5 Formosa Chemicals & Fibre Corporation
Table 152 Formosa Chemicals & Fibre Corporation: Company Overview
Figure 53 Formosa Chemicals & Fibre Corporation: Company Snapshot
Table 153 Formosa Chemicals & Fibre Corporation: Products Offered
Table 154 Formosa Chemicals & Fibre Corporation: Other Developments
13.1.6 Sabic
Table 155 Sabic: Company Overview
Figure 54 Sabic: Company Snapshot
Table 156 Sabic: Products Offered
13.1.7 Toray Industries, Inc.
Table 157 Toray Industries, Inc.: Company Overview
Figure 55 Toray Industries, Inc.: Company Snapshot
Table 158 Toray Industries, Inc.: Products Offered
Table 159 Toray Industries, Inc.: Other Developments
13.1.8 Lotte Chemical
Table 160 Lotte Chemical Company Overview
Figure 56 Lotte Chemical: Company Snapshot
Table 161 Lotte Chemical: Products Offered
Table 162 Lotte Chemicals: Deals
Table 163 Lotte Chemicals: Other Developments
13.1.9 Versalis
Table 164 Versalils: Company Overview
Figure 57 Versalis: Company Snapshot
Table 165 Versalils: Products Offered
Table 166 Versalis: Other Developments
13.1.10 Kumho Petrochemical
Table 167 Kumho Petrochemical: Company Overview
Figure 58 Kumho Petrochemicals: Company Snapshot
Table 168 Kumho Petrochemical: Products Offered
13.1.11 BASF SE
Table 169 BASF SE: Company Overview
Figure 59 BASF SE: Company Snapshot
13.1.12 Covestro AG
Table 170 Covestro AG: Company Overviews
Figure 60 Covestro AG: Company Snapshot
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Deals, Analyst's View, Right to Win, Strategic Choices, Weakness and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
13.2 Other Players
13.2.1 Trinseo
13.2.2 Techno Umg Co Ltd.
13.2.3 Tianjin Dagu Chemical Co. Ltd.
13.2.4 The Iran Petrochemical Commercial Company
13.2.5 Shanghai Gaoqiao Petrochemical Company
13.2.6 Irpc
13.2.7 Rtp Company
13.2.8 Ravago Manufacturing Americas LLC

14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • BASF SE
  • Chimei Corporation
  • Covestro AG
  • Formosa Chemicals & Fibre Corporation
  • INEOS Styrolution
  • IRPC
  • Kumho Petrochemical
  • LG Chem Ltd.
  • Lotte Chemical
  • PetroChina Co Ltd.
  • Ravago Manufacturing Americas LLC
  • RTP Company
  • SABIC
  • Shanghai Gaoqiao Petrochemical Company
  • Techno UMG Co Ltd.
  • The Iran Petrochemical Commercial Company
  • Tianjin Dagu Chemical Co. Ltd.
  • Toray Industries, Inc.
  • Trinseo
  • Versalis

Methodology

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Table Information