In terms of revenue, the demand was valued at USD 306.8 million in 2011 and is expected to reach USD 465.5 million in 2018, growing at a CAGR of 5.67% from 2012 to 2018.
Albany, NY -- (SBWIRE) -- 11/28/2016 -- Acrylonitrile btadiene styrene (ABS) is a well established engineering thermoplastic which offers excellent properties such as chemical and impact resistance, superlative balance of heat and processing versatility. It finds applications in construction, transportation, appliances, electronics and pharmaceutical among others. The demand for ABS is expected to grow on account of the rapid industrialization and growth of the construction and automotive sector within the forecast period. Consumers are expected to benefit tremendously on account of the strong competition from the available businesses.
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 acrylonitrile butadiene styrene (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.
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To give the users of this report a holistic view on the acrylonitrile butadiene styrene (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 acrylonitrile butadiene styrene (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.
The study provides a conclusive view on the acrylonitrile butadiene styrene (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.
The report includes a complete competitive landscape including the market share and company profiles of the major participants operating in the global market. Major players profiled in the report include LG Chemicals, Chi Mei Corporation, Styrolution, Formosa Plastic Company, Asahi Kasei, KKPC, SABIC and Styron among others. The company profiles include attributes such as company overview, financial overview, business strategy, SWOT analysis and recent developments.
For research, we conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk research effort coupled with extensive secondary research. We reviewed key players' annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants' insights and recognizing opportunities and growth.
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The market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for each of the materials mentioned in the report has been considered, and customized product pricing has not been included. Additionally, the market has been analyzed based on expected demand and the market data for each segment is based on demand volumes and corresponding revenues. The prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers. Furthermore, the market data is based on current information. However, presence of a large number of domestic manufacturers in China and India may cause variation in forecast by a small margin. The forecasts have been based on expected demand from application segments.?
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