Infinium Global Research has added a new report on Acrylonitrile Butadiene Styrene (ABS) Market: Trends Analysis and Forecast 2023. The report presents analysis global as well as regional markets of Acrylonitrile-Butadiene-Styrene (ABS) over the period of 2015 to 2023 Moreover; the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2017 to 2023.
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The global acrylonitrile butadiene styrene market was dominated by the Asia Pacific region followed by the RoW and Europe acrylonitrile butadiene styrene market. On the basis of countries, India and China led the global acrylonitrile butadiene styrene market in 2015. The growing demand from automobile and consumer goods (appliances) industries has played a major role in driving the acrylonitrile butadiene styrene market worldwide. Similarly factors such as rapid economic growth and increasing purchasing power parity in emerging markets such as China, India and Brazil is expected to drive the demand for consumer appliances and automobiles over the period of 2017 to 2023.
Furthermore, the demand for light weight and fuel efficient automobiles is on the rise among the middle class and upper middle class families. Acrylonitrile butadiene styrene has been increasingly preferred over conventional materials such as metal, wood and nylon in the automobiles, owing to which the global market for acrylonitrile butadiene styrene has grown at an annual rate of 6.5% to 7% over the period of 2013 to 2016. This trend is expected to continue in the years to come and the suppliers of acrylonitrile butadiene styrene are likely to cash in more opportunities.
Acrylonitrile butadiene styrene is used for the applications such as home appliances, automobiles, electrical and electronic appliances, consumer goods, and construction equipment. The report identifies the largest application for which acrylonitrile butadiene styrene are used. Among the geographies Asia Pacific is expected to be the largest market for the acrylonitrile butadiene styrene market over the Forecast period from 2017 to 2023. The report covers the analysis of global as well as regional markets of the acrylonitrile butadiene styrene market. Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of acrylonitrile butadiene styrene. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the acrylonitrile butadiene styrene that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The companies covered in the report include LG Chemicals, Styron, Chi Mei Corporation, KKPC, Styrolution, Formosa Plastic Company, Asahi Kasei, Sabic, Elix Polymers, China Petroleum and Chemical, Entec Polymers and Polyone.
Reasons to buy this report
- Comprehensive analysis of global as well as regional markets of acrylonitrile butadiene styrene
- Complete coverage of all the type, form, processing, and application segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
- Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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