Acrylonitrile Butadiene Styrene (Abs) Market Is Anticipated to Reach Us$26.15 Bn by 2018 : Tmr

Transparency Market

Research

Acrylonitrile Butadiene Styrene Market - Applications,

Global Industry Analysis, Size, Share, Growth And

Forecast 2012 - 2018

Published Date

28-Feb-2013

104 Page Report

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High Number of Production Units to Make Emerging Nations

Lucrative Market for Acrylonitrile Butadiene Styrene, says

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Acrylonitrile Butadiene Styrene Market

REPORT DESCRIPTION

Acrylonitrile Butadiene Styrene Market - Applications, Global Industry Analysis, Size, Share, Growth

And Forecast 2012 - 2018

The global acrylonitrile butadiene styrene market is consolidated and saw the top four producers accounting for

a sizable stake of 65% in the market’s revenues in 2012. These are LG Chemical, Styrolution, Chi Mei

Corporation, and Formosa Plastic Corporation. Large multinational companies have a strong regional presence

and are looking for expansion thus, undertaking joint ventures and acquisitions to grow further. The acrylonitrile

butadiene styrene market faces credible threat from substitutes such as is polypropylene (PP), polycarbonates,

polyurethane (PU), and polystyrene (PS). The threat of new entrants is expected to rise from low to medium

owing to the consolidated nature of the market.

According to the report, the global market opportunity in acrylonitrile butadiene styrene is expected to rise from

US$21.43 bn in 2015 to US$26.15 bn by 2018. By application, the appliances segment is expected to lead and

account for 33.2% of the market by 2018. China is expected to account for 60.1% of the market by 2018. China

is the largest manufacturer and consumer of ABS worldwide. The large end-user industries located in the

region coupled with low operating and labor costs can be credited for the growth of the market in China.

Additionally, various manufacturing...