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. The ABS & SAN resins market is expected to grow in coming years. Growth will be strong in automotive & transportation, electrical & electronics, and in household appliances. The per capita consumption of ABS & SAN resins developing nations such as China, India and South-East Asia is predicted to grow due to replacement of existing appliances, in combination with new demand coming from the growing urban population.
Global market for Acrylonitrile Butadiene Styrene (ABS) & Styrene Acrylonitrile (SAN) resins, estimated at 11.9 million metric tons in 2022 is further projected to reach 15 million metric tons by 2028 at a CAGR of 4.1% between 2022 and 2028. Global demand for ABS & SAN resins recovered sharply in 2021 after a small decline in 2020 and continued the momentum through 2022 there by registering a robust volume CAGR of 4.7% during 2019-2022 period attributed to firm demand from appliances and electronics sectors and recovery in automobile production.
This world market compendium by Market Research Snippets, a unit of Industry Experts Inc, analyzes the market for Acrylonitrile Butadiene Styrene (ABS) & Styrene Acrylonitrile (SAN) resins at high level by end-use sector and geographic region. The market is studied for historical/current trends and future forecast in terms of volume in metric tons value in US$ for 2019, 2022 and 2028.
End-use Sectors
Geographic Regions
This report provides the estimates and forecast for global ABS & SAN resins market. The study also provides the key market developments and a list of major players in this market that are cited. While this snippet provides a high level analysis of the global market, an in-depth report on ABS & SAN resins market is also available, please click on the 'Comprehensive Report' link to know more!
1. MARKET SEGMENTATION
2. WORLD MARKET COMPENDIUM
3. REGIONAL MARKET COMPENDIUM
4. LATEST MARKET TRENDS
5. INDUSTRY LANDSCAPE
6. DATA SOURCES AND RESEARCH METHODOLOGY
TABLES & CHARTS
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