The global ABS (Acrylonitrile Butadiene Styrene) Resin market is forecast to reach USD 50.63 Billion by 2027, according to a new report by Reports and Data. Acrylonitrile-butadiene-styrene is the largest-volume engineering thermoplastic resin, which provides an ideal balance of chemical, impact, and heat, resistance with superior processing versatility. The large-volume applications for the market product include electronic/electrical, appliance parts and transportation end uses. These resins are commonly used in polymer blends for various applications, to attain the best of all properties from the combined product.
The report is updated with the changes in the market dynamics and trends owing to the COVID-19 pandemic. The pandemic has affected the global economy by changing the dynamics of the supply chains, inducing financial difficulties, and the increasing volatility of market prices. The report further estimates the overall impact of the pandemic on the ABS (Acrylonitrile Butadiene Styrene) Resin market and offers key insights into the future of the market over the coming years.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the ABS (Acrylonitrile Butadiene Styrene) Resin market and profiled in the report are:
LG Chemicals, Asahi Kasei, Chi Mei Corporation, Formosa Plastic, KKPC, SABIC, Styron, Styrolution, and BASF, among others.
The research study further covers the expansion and scope of the market in the key geographies across the globe. It assesses the scope of the market on a global as well as country-wise level. The market is spread across the key regions that include: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides a comprehensive analysis of the production and consumption patterns, import and export ratio, supply and demand dynamics, key trends and demands, consumer behavior, and presence and operations of prominent players in each region of the market.
The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Grade Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Applications Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
End Users Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
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Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2027
Chapter 3. Indicative Metrics
Chapter 4. ABS Resin Market Segmentation & Impact Analysis
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the ABS (Acrylonitrile Butadiene Styrene) Resin market and its competitive landscape.
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