High Gloss ABS Market
High Gloss ABS Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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High Gloss ABS Market Size and Growth
The High Gloss ABS market is experiencing robust growth, driven by rising demand in automotive, electronics, and furniture sectors. The global market size is valued at approximately $2 billion, with a projected CAGR of around 5% over the next five years, attributed to increasing aesthetic preferences and durable product requirements.
Companies Covered
(Covid 19 Impact Covered)
◍ Toray
◍ INEOS Styrolution
◍ LG Chem
◍ Chi Mei
◍ ELIX Polymers (Sinochem)
◍ SABIC
◍ Lotte Advanced Materials
◍ Trinseo
◍ Formosa Chemicals
◍ Techno-UMG (JSR)
◍ SAX Polymers Industries
The High Gloss ABS market features industry leaders like Toray, INEOS Styrolution, and LG Chem, focusing on innovation and sustainability. These companies enhance product appeal, cater to automotive and consumer electronics, and drive market growth through advanced formulations. Notable sales revenues include:
- SABIC: $35 billion (2022)
- LG Chem: $25 billion (2022)
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Market Segmentation
By Application
◍ Appliance Industry ◍ 3C Products
Toys
Medical
Other
By Product
◍ General Purpose Grade
◍ High Impact Grade
◍ High Rigidity Grade
Other
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Market Growth
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$ X Billion USD
