Acrylonitrile Butadiene Styrene Market (ABS) Price Study By Transparency Market Research

The report comprises of forecast and analysis for the Acrylonitrile Butadiene Styrene (ABS) market on a global and regional level. The demand forecast is done based on volumes (kilo tons) and revenue (USD million) for the period ranging from 2011 to 2018. The study includes the drivers and restraints for the ABS market along with the impact they have on the demand over the forecast period. In addition, the report includes the study of the opportunities available in the ABS market at a global and regional level.

Browse the full report at http://www.transparencymarketresearch.com/acrylonitrile-butadiene-styrene.html

To give the users of this report a holistic view on the ABS market, we have included a detailed raw material analysis along with the value chain. To understand the competitive intensity in the market, an analysis of the Porters five forces model for the ABS market has also been included. Additionally, the study comprises a market attractiveness analysis, wherein the applications are benchmarked based on their market size, growth rate and general attractiveness.
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The study provides a conclusive view on the ABS market by segmenting the market based on its applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2011 to 2018. The regional segmentation includes the current and forecast demand for North America, Europe, China, Rest of Asia and Rest of the World (RoW). There is further demand segmentation for countries like the U.S., Germany, Italy, India, Japan, Korea and Taiwan. This segment includes the demand for individual applications in all the regions and countries.
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The major factor driving ABS consumption is the increasing demand from end user applications such as automobiles, appliances and consumer goods. ABS is one of the leading engineering plastics and is increasingly finding usage across a host of industries. There has been a shift in preference towards consumers demanding higher fuel economy in automobiles. Reduction in automobile weight is a primary facet in this regard and the increased use of plastic is inevitable. ABS is used in a variety of automotive applications like trims, panels and coatings among others which is expected to increase its demand over the next six years.

China is expected to remain the largest regional market for ABS and is estimated to account for roughly 61% of the global demand by 2018. Low labor and operating costs in China, have forced a considerable number of multinational manufacturing companies to shift their manufacturing units to China. The country is also the world’s largest automobile manufacturing nation and consumes huge volumes of plastics, of which ABS is an essential part.
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However, ABS faces the threat of being substituted by other thermoplastics, particularly polypropylene and polystyrene. Both these plastics have excellent properties and are increasingly being used as substitutes to ABS in automobile and consumer goods applications. In addition, ABS comprises of monomers that are hazardous and have serious exposure impact on humans and the environment. These factors could act as major inhibitors for the market and could hamper the demand for ABS over the coming years.
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