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Acrylonitrile Butadiene Styrene (ABS) Global Market to 2020 - Growth of Household Appliances and Electrical and Electronics Sectors in Asia-Pacific Boosts Global Demand

Acrylonitrile Butadiene Styrene (ABS) Global Market to 2020 - Growth of Household Appliances and Electrical and Electronics Sectors in Asia-Pacific Boosts Global Demand” is an in-depth report from GBI Research which is focused on the demand side of the global ABS industry. The report provides the reader with detailed analysis and forecasts of the major economic and market trends affecting global ABS demand in the major regions of the world. It also provides analysis and description of the major drivers and restraints affecting ABS demand in various regions. Global ABS demand is assessed in terms of end-user segments and price and a competitive landscape, at both regional and country level. Overall, the report presents a comprehensive analysis of the global ABS market covering all the major parameters. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Research’s team of industry experts.

Report Highlights
“Acrylonitrile Butadiene Styrene (ABS) Global Market to 2020 - Growth of Household Appliances and Electrical and Electronics Sectors in Asia-Pacific Boosts Global Demand” is an in-depth report from GBI Research focusing on the demand side of the global ABS industry. The report provides the reader with detailed analysis and forecasts of the major economic and market trends affecting global ABS demand in the major regions of the world. It also provides analysis and description of the major drivers and restraints affecting ABS demand in various regions. Global ABS demand is assessed in terms of end-user segments, price, and a competitive landscape, at both a regional and country level. Overall, the report presents a comprehensive analysis of the global ABS market covering all the major parameters. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

Global ABS Market Expected to Record a CAGR of 5.5% During the Forecast Period

The global demand for Acrylonitrile Butadiene Styrene (ABS) has been steadily increasing over the last 10 years. In 2000, global ABS demand stood at 4,560,559 tons, before increasing to 6,381,746 tons in 2010. A significant portion of the increase in demand for ABS was from the Asia Pacific region, and the same trend is expected to continue in the forecast period. The Asia Pacific region is expected to account for more than 80% of global ABS demand in 2020. Global demand for ABS is expected to grow at a CAGR of 5.5% from 2010–2020 to reach 10,909,987 tons in 2020.

China to Drive Demand in the Asia Pacific Region

China has rapidly emerged as a global petrochemical products manufacturing hub. Production in China enjoys the advantage of lower operating costs than elsewhere, but currently China imports a considerable amount of ABS in order to produce ABS products such as household appliances, electrical and electronics products, and industrial and automotive applications. As a result there is huge scope for ABS capacity additions in China. Demand from China is currently driving the Asia Pacific market’s demand for ABS and it is expected to drive the demand in future.

Household Appliances, Electrical and Electronics and Automotive Goods Sectors Led the Demand for ABS from End-use Segments in 2010

Household appliances were followed by electrical and electronics, and the automotive sectors with 2,433,652 tons, 1,556,899 tons and 915,122 tons of demand, respectively, were the leading end-use segments for ABS in 2010. Together they accounted for more than 75% of the global ABS demand. The industrial, construction, packaging and consumer products sectors accounted for the remainder of global end-use demand for ABS in 2010. A similar trend for end-uses of ABS is expected to continue throughout the forecast period to 2020.

Constant Innovation in the Field of ABS Expected to Increase Demand from End-use Applications

ABS, as a thermoplastic, is undergoing innovations from the manufacturers. Thus ABS is finding new applications in the existing sectors as well as in new sectors. Polycarbonate and polysulphonate blends of ABS have been in existence for quite some time. Now other compounds like Polybutylene Terephthalate (PBT), Nylon 6, and Liquid Crystalline Polymer (LCP) are being blended with ABS for different applications in the market. It is this constant innovation in the field of ABS end-use applications which is expected to further increase its demand in future.

Chemie   Marktstudie
Jahrgang:   2012
Herausgeber:   GBI Research
Preis:   3,500.00€
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