Global Acrylonitrile-Butadiene-Styrene (ABS) Resin market cagr 15.8%

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AcrylonitrileButadieneStyrene (ABS)

Resin Market

Acrylonitrile-Butadiene-Styrene (ABS) Resin Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Acrylonitrile-Butadiene-Styrene (ABS) Resin Market

Size and Growth

The Acrylonitrile-Butadiene-Styrene (ABS) Resin market is experiencing robust growth driven by increasing demand in automotive, consumer goods, and electronics sectors. The market size was valued at approximately $20 billion in 2022, with projections to grow steadily at a CAGR of around 4.5% through 2030, reflecting strong application versatility and innovation.

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Companies Covered

(Covid 19 Impact Covered)

◍ CHIMEI

◍ Styrolution

◍ LG Chemical

◍ Trinseo

◍ SABIC

◍ Samsung SDI Chemical

◍ Toray

◍ Formosa

◍ JSR

◍ KKPC

◍ UMG ABS

◍ CNPC (Jilin)

◍ Dagu Chemical

◍ Gaoqiao

◍ Huajin Chemical

◍ Lejin Chemical

The ABS resin market is competitive, with key players like CHIMEI, Styrolution, and LG Chemical driving growth through innovation and diverse applications. They provide high-quality materials for automotive, electronics, and consumer goods. Notable sales figures include CHIMEI’s $3 billion and LG Chemical’s $27.2 billion, showcasing their market significance.

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Market Segmentation

By Application

Automobiles Industry

Electronic Industry

Other

By Product

◍ Emulsion Graft Copolymerization

Bulk Copolymerization

Others

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Market Growth

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$ X Billion USD

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