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Global ABS Alloys Market: By Product Type: Polycarbonate ABS Alloys (PC ABS Alloys), Polyethylene Terephthalate ABS Alloys (PET ABS alloys), Others; By Application: Automotive, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global ABS Alloys Market Outlook
The global ABS alloys market is expected to grow in the forecast period of 2023-2028 at a CAGR of 6.30%.
Increasing Use of ABS Alloys in the Automotive Sector Bolstering the Market Growth
The increasing computability offered by ABS alloys is surging their use in automotive applications like moulding. The growing use of ABS alloys as a substitute for polycarbonates owing to their excellent impact-resistant properties is driving the growth of the market. As ABS alloys have aesthetic appearance, they are increasingly used in exterior automotive parts while eliminating the use of additional painting, hence propelling the market growth. Moreover, the enhanced dimensional stability and superior energy-absorbing ability are increasing the use of ABS alloys in automotive parts, which is augmenting the growth of the market.
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As the development of lightweight automobiles with enhanced fuel-efficiency is increasing. This, in turn, is increasing the use of ABS alloys owing to its lightweight properties, which is significantly contributing to the market growth. With superior electrical performance provided by products of ABS alloys, they are increasingly deployed in in-vehicle infotainment systems, which is further invigorating the growth of the market.
ABS Alloys: Market Segmentation
ABS alloys, variously known as acrylonitrile butadiene styrene alloys, are thermoplastics that are made with a blend of polycarbonates. It has high rigidity, excellent insulating and impact resistant properties. ABS alloys offer high dimensional stability as well as surface brightness and find their applications in the automotive and electronics industry.
The major product types of ABS alloys are:
- Polycarbonate ABS Alloys (PC ABS Alloys)
- Polyethylene Terephthalate ABS Alloys (PET ABS alloys)
- Others
The market can be broadly categorised on the basis of its applications into:
- Automotive
- Electrical and Electronics
- Architectural
- Others
The EMR report looks into the regional markets of ABS alloys like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Rising Utilisation of Polycarbonate ABS Alloys (PC ABS Alloys) in Various End-Use Industries to Augment the Market Growth
The increasing use of polycarbonate ABS alloys (PC ABS Alloys) owing to their favourable properties in the electronics industry is augmenting the growth of the market. With the growing demand for consumer electronics, such as laptops, phones, and other portable electronic devices, the use of ABS alloys is increasing, which is significantly contributing to the growth of the market. Moreover, the high wear and tear, as well as impact resistance offered by polycarbonate ABS alloys are leading to a surge in their demand to enhance the reliability of electronic devices, which is aiding the market growth. As polycarbonate ABS alloys offer enhanced processability and excellent flame retardancy, they are used in electric components of devices, hence driving the market growth. In addition, the rising demand for miniature and lightweight electronic devices in major industries leading from construction to medical is increasing the use of polycarbonate ABS alloys, which is providing further impetus to the growth of the ABS alloys industry.
Key Industry Players in the Global ABS Alloys Market
The report presents a detailed analysis of the following key players in the global ABS alloys market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- LOTTE Chemical CORPORATION
- KUMHO PETROCHEMICAL
- LG Chem
- RTP Company
- Sumitomo Bakelite Co., Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region |
| Breakup by Product Type | Polycarbonate ABS Alloys (PC ABS Alloys), Polyethylene Terephthalate ABS Alloys (PET ABS alloys), Others |
| Breakup by Application | Automotive, Electrical and Electronics, Architectural, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | LOTTE Chemical CORPORATION, KUMHO PETROCHEMICAL, LG Chem, RTP Company, Sumitomo Bakelite Co., Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global ABS Alloys Market Analysis
8.1 Key Industry Highlights
8.2 Global ABS Alloys Historical Market (2018-2022)
8.3 Global ABS Alloys Market Forecast (2023-2028)
8.4 Global ABS Alloys Market by Product Type
8.4.1 Polycarbonate ABS Alloys (PC ABS Alloys)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Polyethylene Terephthalate ABS Alloys (PET ABS alloys)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.1 Global ABS Alloys Market by Application
8.1.1 Automotive
8.1.1.1 Market Share
8.1.1.2 Historical Trend (2018-2022)
8.1.1.3 Forecast Trend (2023-2028)
8.1.2 Electrical and Electronics
8.1.2.1 Market Share
8.1.2.2 Historical Trend (2018-2022)
8.1.2.3 Forecast Trend (2023-2028)
8.1.3 Architectural
8.1.3.1 Market Share
8.1.3.2 Historical Trend (2018-2022)
8.1.3.3 Forecast Trend (2023-2028)
8.1.4 Others
8.2 Global ABS Alloys Market by Region
8.2.1 Market Share
8.2.1.1 North America
8.2.1.2 Europe
8.2.1.3 Asia Pacific
8.2.1.4 Latin America
8.2.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 LOTTE Chemical CORPORATION
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 KUMHO PETROCHEMICAL
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 LG Chem
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 RTP Company
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Sumitomo Bakelite Co., Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global ABS Alloys Market: Key Industry Highlights, 2018 and 2028
2. Global ABS Alloys Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global ABS Alloys Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global ABS Alloys Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global ABS Alloys Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global ABS Alloys Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global ABS Alloys Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America ABS Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America ABS Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe ABS Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe ABS Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific ABS Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific ABS Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America ABS Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America ABS Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa ABS Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa ABS Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global ABS Alloys Market Structure
Key Questions Answered in the Report
The global ABS alloys market is projected to grow at a CAGR of 6.30% between 2023 and 2028.
The market is being propelled by the increasing computability of ABS alloys, the enhanced dimensional stability offered by ABS alloys, and the surging development of lightweight and fuel-efficient vehicles.
The industry is estimated to be augmented by the increasing use of polycarbonate ABS alloys, the rising demand for consumer electronics, and the growing use of polycarbonate ABS alloys as a substitute for polycarbonates.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major product types of ABS alloys in the industry are polycarbonate ABS alloys (PC ABS Alloys) and polyethylene terephthalate ABS alloys (PET ABS alloys), among others.
The significant applications in the market are automotive, electrical and electronics, and architectural, among others.
The major players in the industry are LOTTE Chemical CORPORATION, KUMHO PETROCHEMICAL, LG Chem, RTP Company, and Sumitomo Bakelite Co., Ltd., among others.
Analyst Review
The global ABS alloys market is driven by the increasing computability of ABS alloys. Aided by the rising demand for consumer electronics, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.30%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the ABS alloys industry can be segmented into polycarbonate ABS alloys (PC ABS Alloys) and polyethylene terephthalate ABS alloys (PET ABS alloys), among others. On the basis of applications, the industry is divided into automotive, electrical and electronics, and architectural, among others. The major regional markets for ABS alloys are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include LOTTE Chemical CORPORATION, KUMHO PETROCHEMICAL, LG Chem, RTP Company, and Sumitomo Bakelite Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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