Heat Resistance
ASA Resin Market
Heat Resistance ASA Resin Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Heat Resistance ASA Resin Market Size and Growth
The Heat Resistance ASA Resin market is experiencing robust growth, driven by increasing demand in automotive, electrical, and construction sectors. Valued at approximately USD 1.2 billion in 2023, the market is expected to expand at a CAGR of 6.5% through 2030, reflecting advancements in material properties and applications.
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Companies Covered (Covid 19 Impact Covered)
◍ LG Chem
◍ Chi Mei Corporation
◍ Ineos Styrolution Group
◍ SABIC
◍ Techno-UMG Co., Ltd.
◍ KUMHO-SUNNY
The Heat Resistance ASA Resin Market features key players like LG Chem, Chi Mei Corporation, and SABIC, leveraging innovative formulations for automotive and electronics sectors. Their advanced materials promote durability and thermal stability, driving market growth. Sales figures include:
- LG Chem: $24 billion (2022)
- SABIC: $42 billion (2022)
- Ineos Styrolution: $10 billion (2022)
◍ Formosa Chemicals & Fibre Corporation
◍ NIPPON A&L
◍ LOTTE Advanced Materials
◍ Schulman (LyondellBasell)
◍ Romira
◍ SAX Polymers Industries
◍ Technoform
◍ Run Feng Sci.&Tech
◍ Shandong Novista Chemicals
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Market Segmentation
By Application
Automotive ◍ Home Appliances
◍ High-end Consumer Electronics ◍ Others
By Product
Blow Molding
Injection Molding
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Market Growth
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$ X Billion USD
