[Online Quarterly Update] Asia Pacific Acrylonitrile Butadiene Styrene (ABS) demand stood at 11.01 million Tonnes in 2020 and is forecast to reach 16.093 million Tonnes by 2030, growing at a healthy CAGR of 4.12% until 2030. Acrylonitrile butadiene styrene is majorly used in the electronic and automobile sector. Due to the proliferation of new technologies, rising demand for automobiles, use of electronic equipment in automobiles, and the construction sector, the demand for Acrylonitrile Butadiene Styrene is rapidly growing in the market. Also, the growing construction activities in the emerging economies is augmenting the ABS market in the APAC region. Depending on the technology, Propane ammoxidation technology is widely used for the production of Acrylonitrile Butadiene Styrene. The growth in the Asia Pacific region can be attributed to the rise in demand for automobiles, electrical & electronic equipment, and consumer goods. In the Asia Pacific region, China holds the major consumption of ABS owing to the high demand in the major end-use industries.
The COVID-19 outbreak led to major economic disruptions across the world with repeated lockdowns, shutting down of production units, interruptions in the supply chain, decline in consumer demands, etc., which resulted in the deteriorating need for ABS. However, as the world is slowly recovering, there has been a sudden demand for electronic devices and automobiles in the region, which could positively impact the growth of the Asia Pacific Acrylonitrile Butadiene Styrene market.
Region-wise, China is among the major countries, where the ABS demand is rising at a commendable rate due to the establishment of major industries such as automotive, electronics, and consumer goods. Asia Pacific region majorly includes developing economies that are focusing on infrastructure development, which is contributing to the growing demand for ABS from the construction sector. The increasing population and per capita income in this region account for the huge demand for electronic & electrical equipment, FMCG products, which is positively impacting the growth of the Asia Pacific Acrylonitrile Butadiene Styrene market.
Some of the major key players operating in the Acrylonitrile butadiene market are Chimei, LG Chem, Zhengjhiang Chimei, LG Yong Xing, Petrochina Jilin, Lotte Advanced Chemicals, Samsung SDI, INEOS Styroution, SABIC Innovative Plastics, and others.
The pricing of Acrylonitrile Butadiene styrene highly depends on the fluctuations in Acrylonitrile, Butadiene, Styrene.
Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
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Objective of the Study:
• To assess the demand-supply scenario of Acrylonitrile Butadiene Styrene which covers production, demand and supply of Acrylonitrile Butadiene Styrene market in APAC.
• To analyse and forecast the market size of Acrylonitrile Butadiene Styrene.
• To classify and forecast APAC Acrylonitrile Butadiene Styrene market based on application, technology, end-use and regional distribution.
• To identify drivers and challenges for APAC Acrylonitrile Butadiene Styrene market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., of Acrylonitrile Butadiene Styrene market in APAC.
• To identify and analyse the profile of leading players involved in the manufacturing of Acrylonitrile Butadiene Styrene.
To extract data for APAC Acrylonitrile Butadiene Styrene market, primary research surveys were conducted with Acrylonitrile Butadiene Styrene manufacturers, suppliers, distributors, wholesalers and Typers. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various Typer segments and projected a positive outlook for APAC Acrylonitrile Butadiene Styrene market over the coming years.
ChemAnalyst calculated Acrylonitrile Butadiene Styrene demand in APAC by analyzing the historical data and demand forecast which was carried out considering imported, raw materials used for production of Acrylonitrile Butadiene Styrene. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Acrylonitrile Butadiene Styrene manufacturers and other stakeholders
• Organizations, forums and alliances related to Acrylonitrile Butadiene Styrene distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Acrylonitrile Butadiene Styrene manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Deliverables:
Installed Capacity By Company
Installed capacity within the country along with the individual capacity of leading players
Installed Capacity By Location
Installed capacity at several locations across the country
Installed Capacity By Process
Installed capacity by different processes
Installed Capacity By Technology
Installed capacity by different technologies being used to produce Acrylonitrile Butadiene Styrene
Production By Company
Actual production done by different companies
Operating Efficiency By Company
Operating efficiency at which different companies are operating their plants
Demand By End Use
Demand/Sale of Acrylonitrile Butadiene Styrene in different end-user industries across the region
Demand By Sales Channel
Demand/Sale of Acrylonitrile Butadiene Styrene by different sales channels across the region
Demand By Region
Demand/Sale of Acrylonitrile Butadiene Styrene in different regions of the country
Country-Wise Exports
Exports of Acrylonitrile Butadiene Styrene by Different Countries
Country-Wise Imports
Imports of Acrylonitrile Butadiene Styrene by Different Countries
Demand & Supply Gap
Demand & Supply Gap at country level
Market Share of Leading Players
Revenue shares of leading players in the region.
News & Deals
Historical & Current News & Deals Acrylonitrile Butadiene Styrene Market
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research team at sales@chemanalyst.com
2.8.4.Taiwan Acrylonitrile Butadiene Styrene Demand-Supply Scenario, 2015-2030, By Volume
2.8.4.1.Demand
2.8.4.2.Supply
2.8.4.3.Gap
2.8.5.Taiwan Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume
2.8.5.1.By End use
2.8.5.2.By Region
2.8.5.3.By Sales Channel
2.8.5.4.By Company Share (At least top 3 companies’ market share)
2.8.5.5.By Company
3.Country-wise Import
4.Country-wise Export
5.News and Deals
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