Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 23.53 Billion | USD 37.82 Billion | 4.86% | 2024 |
FrequentlyAsked Questions
Acrylonitrile, Butadiene, and Styrene are the three main components of ABS, a copolymer that has a medium strength and works well for a medium price. Three different monomers come together to form a terpolymer, which it is. Between standard and engineered resins, it is a common thermoplastic resin that may typically fulfill the property requirements at a fair price.
The global acrylonitrile butadiene styrene (ABS) market is expected to grow due to High demand from automotive, electronics, and consumer goods sectors fuels growth. Lightweight and durable properties support broader industrial use.
According to a study, the global acrylonitrile butadiene styrene (ABS) market size was worth around USD 23.53 Billion in 2024 and is expected to reach USD 37.82 Billion by 2034.
The global acrylonitrile butadiene styrene (ABS) market is expected to grow at a CAGR of 4.86% during the forecast period.
Asia-Pacific is expected to dominate the acrylonitrile butadiene styrene (ABS) market over the forecast period.
Leading players in the global acrylonitrile butadiene styrene (ABS) market include Trinseo, Ravago Americas, KUMHO PETROCHEMICAL, TORAY INDUSTRIES INC., SABIC, INEOS Styrolution, BASF SE, LG Chem, Trinseo, Formosa Chemicals & Fibre Corp., The 3M Company, and Mitsui Chemicals Inc., among others., among others.
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