Global High Heat ABS market cagr 8.00%

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High Heat ABS Market

High Heat ABS Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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High Heat ABS Market Size and Growth

The High Heat ABS market is experiencing robust growth due to increasing demand from automotive, electronics, and consumer goods sectors. As of 2023, the market size is estimated to reach approximately USD 1.2 billion, driven by advancements in material technology and rising temperature resistance requirements across multiple applications. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ LG Chem

◍ Chi Mei

◍ INEOS Styrolution

◍ Formosa Chemicals

◍ SABIC

◍ Toray

◍ Techno-UMG (JSR)

◍ Lotte Advanced Materials

◍ Trinseo

◍ ELIX Polymers (Sinochem)

◍ Versalis

◍ KUMHO-SUNNY

◍ SAX Polymers Industries

◍ KKPC

The High Heat ABS market features key players like LG Chem, Chi Mei, and INEOS Styrolution, focusing on advanced applications in automotive and electronics. They innovate new formulations, enhance product performance, and expand production capacities, contributing to market growth. Selected sales figures include:

- LG Chem: $23 billion (2022)

- SABIC: $42 billion (2022)

- Toray: $22 billion (2022)

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Market Segmentation

By Application

Automotive ◍ Household Appliances

◍ High-end Consumer Electronics

Industrial

Others

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By Product

High Heat Resistant

Super High Heat Resistant

Market Growth

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$ 18.51 Billion

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Global High Heat ABS market cagr 8.00% by ReportPrime - Issuu