Global Market for ABS & SAN is Projected to Reach 15M Metric Tons by 2028 – Market Research Report (2022-2027) by Industry Experts, Inc.
Friday 13 Jan 2023
Industry Experts, Inc. published the global market research report on ABS & SAN. The report entitled "Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN) – A Global Market Overview" reveals that the Asia-Pacific is the world's largest volume market for ABS & SAN resins, estimated at 9.4 million metric tons (79% share) in 2022, which is also likely to record the fastest 2022-2028 CAGR of 4.4% in reaching a projected 12 million metric tons by 2028.
Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN) resins are engineering thermoplastics featuring a balance between heat and chemical resistance, high stiffness and excellent processing behavior. ABS and SAN resins are frequently used in general purpose and high heat applications and can be processed via major routes such as extrusion or injection molding. Compared to other thermoplastics, particularly ABS has a high surface polarity, resulting in excellent printability and paintability. ABS is well miscible with other polar thermoplastics, such as polyamide (PA) and polycarbonate (PC).
The impact of COVID-19 pandemic on ABS & SAN resins demand differed in intensity depending on their end-use application and region. Sharpest decline was evident in ABS & SAN resins demand for automotive & transportation and building & construction applications. On the other hand, demand for ABS & SAN resins in appliances and electrical & electronics applications was robust in 2020. The overall consumption of ABS & SAN is estimated at 11.9 million metric tons and expected to reach 12.4 million metric tons in 2023.
This report reviews, analyzes and projects the ABS & SAN market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2019-2028 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 18 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan, South Korea, Taiwan and Thailand; and South America – Argentina and Brazil.
The report analyzes the market for end-use applications of ABS & SAN including Automotive & Transportation, Electrical & Electronics, Building & Construction, Appliances, Consumer Goods and Others.
This global market research report on ABS & SAN includes 196 charts (includes a data table and graphical representation for each chart), supported with a meaningful and easy to understand graphical presentation, of the market. This report includes business profiles of 31 key global players and also provides the listing of the companies engaged in production, research & development, supply and distribution of ABS & SAN. The global list covers the addresses, contact numbers and the website addresses of 53 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/acrylonitrile-butadiene-styrene-abs-san-global-market