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ASA Resin Market Growing at 1.80% CAGR Will Hit 920 Million US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- ASA is a copolymer of SAN and acrylic rubber, and it is a highly functional plastic with excellent weatherability while maintaining most of the advantages of ABS. Thanks to its excellent retention of physical properties and appearances in Household applications for a long time, it is used as a material for automobile exterior, construction and furniture finishing sheet, etc.

According to the different properties, ASA can be divided into general grade, extrusion grade and heat resistant grade. General grade is used most widely and the price is the lowest, in 2016, about 54.21% of the global sale volumes are general grade.

The market concentrate is high and in the world there are mainly Chi Mei Corporation, LG Chem, INEOS Styrolution, SABIC, FCFC, Kumho Petrochemical, JSR Corporation, UMG ABS,Ltd. , LOTTE Advanced Materials and NIPPON A&L. Chi Mei Corporation is the biggest company. In 2016, Chi Mei Corporation produced 57484 MT ASA resin, taking 21.46% of the global production.

The global ASA Resin market was 800 million US$ in 2018 and is expected to 920 million US$ by the end of 2025, growing at a CAGR of 1.8% between 2019 and 2025.

This report studies the ASA Resin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of ASA Resin in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Chi Mei Corporation

LG Chem

INEOS Styrolution

SABIC

FCFC

Kumho Petrochemical

JSR Corporation

UMG ABS,Ltd.

LOTTE Advanced Materials

NIPPON A&L

By the product type, the market is primarily split into

General Grade

Extrusion Grade

Heat Resistant Grade

By the end users/application, this report covers the following segments

Automotive

Construction

Electronics

Household

Toys, Sports & Leisure

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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