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.

Albany, NY -- (SBWire) -- 02/17/2016 --The global demand for acrylonitrile butadiene styrene was 6,800 kilo tons in 2010 and is expected to grow at a CAGR of 4.67% from 2012 to 2018.

The acrylonitrile butadiene styrene demand is greatly influenced by the nature of its application industry. Automotive sector growth coupled with increased use of plastic in order to reduce weight of automobiles has been driving the demand for ABS. In addition, the rapid growth of manufacturing industries in China has accelerated the demand for a variety of engineering plastics, of which ABS has the highest consumption share.

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The demand for ABS in the North American automotive segment was estimated to be 104.7 kilo tons in 2011 and is expected to reach 135.3 kilo tons in 2018, growing at a CAGR of 3.7% from 2012 to 2018. 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.

Acrylonitrile Butadiene Styrene (ABS) is a polymer comprising of acrylonitrile, butadiene and styrene. Styrene is the major constituent of ABS, and commercially available ABS has nearly 50% styrene. The proportion of butadiene and acrylonitrile determine the physical properties of the resulting polymer. Acrylonitrile contributes chemical resistance, butadiene provides impact resistance and strength and styrene makes the material highly machinable and gives it a glossy appearance.

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ABS can be manufactured by three polymerization processes viz., suspension, emulsion and mass process. Emulsion and suspension process have been the preferred method of manufacturing for several years. However, in recent years, continuous and mass process has gained significant importance due to the ease of polymerization coupled with the ease of handling the rubber substrate. The mass process of ABS manufacturing involves the polymerization of styrene and acrylonitrile in the presence of a rubber substrate (polybutadiene (PB), styrene butadiene rubber (SBR), nitrile butadiene rubber (NBR)) in the monomer phase. In addition, various other chemicals such as suspending agents, initiators, additives, chain transfer agents and stabilizers are involved in the mass production process.

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.

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