ASA (Acrylonitrile styrene acrylate ) Market
ASA (Acrylonitrile styrene acrylate ) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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ASA (Acrylonitrile styrene acrylate ) Market Size and Growth
The ASA (Acrylonitrile Styrene Acrylate) market is experiencing steady growth, driven by its applications in automotive, electronics, and consumer goods. The global market size is estimated to reach approximately $1.5 billion by 2027, reflecting a CAGR of around 5%. Demand for durable, high-performance materials fuels market expansion.
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Companies Covered
(Covid 19 Impact Covered)
◍ SABIC
◍ Ineos Styrolution Group
◍ Chi Mei Corporation
◍ LG Chem
◍ Techno-UMG Co., Ltd.
◍ SAX Polymers Industries
◍ KUMHO-SUNNY
◍ Formosa Chemicals & Fibre Corporation
◍ Romira
◍ LOTTE Advanced Materials
The ASA market features key players like SABIC, Ineos Styrolution, and LG Chem, who leverage ASA’s properties for automotive, construction, and consumer goods. Their innovations and product developments enhance market growth. For instance, SABIC reported sales of approximately $40 billion, while LG Chem's revenue reached $30 billion, contributing significantly to the sector. Request Sample Report
Market Segmentation
By Application
Building & Construction ◍ Home Appliances
By Product
Others ◍ Automotive
◍ Sports & Leisure
◍ Consumer Electronics
◍ Others
◍ General Grade
Extrusion Grade ◍ Heat Resistant Grade
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Market Growth
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$ X Billion USD
