ABS Alloys Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[177+ Pages Report] According to the report published by Facts Factors, the global ABS alloys market size was worth around USD 1545 million in 2019 and is predicted to grow to around USD 2518.20 million by 2026 with a compound annual growth rate (CAGR) of roughly 6.3% between 2020 and 2026. The report analyzes the global ABS alloys market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the ABS alloys market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the ABS Alloys industry. The report analyzes and declares the historical and current trends analysis of the ABS Alloysindustry and subsequently recommends the projected trends anticipated to be observed in the ABS Alloys market during the upcoming years.

Key Insights from Primary Research

• The global ABS alloy market is expected to expand at a CAGR rate of around 6.3% between 2020 and 2026.
• Increasing demand from emerging economies is supposed to fuel market growth.
• Based on product segmentation, the 'PC ABS Alloys' category was the leading category in 2019, accounting for the highest market share in the global market.
• The “electrical & electronics” category, on the basis of the end-user industry, was the leading category accounting for the largest market share of over 38% in 2019.
• Due to the Covid-19 pandemic, sluggish growth across the end-use domains is expected to hamper product demand to some extent.

Key Recommendations from Analysts

• Increased demand for ABS alloys has prompted researchers in the automotive and household appliance industries to produce new and improved alloys with excellent mechanical properties, and chemical resistance, ultra-low gloss, free-spraying, and eco-friendly characteristics. In the near future, this is anticipated to fuel the global demand for ABS alloys.
• It is projected that large-scale electrical & electronics and automotive production in China would drive the Asia Pacific market.
• China'sABS Alloys market is anticipated to rise at the highest rate between 2020 and 2026.
• Our analysts have identified “polycarbonate abs alloys” and “electrical & electronics” categories as the leading investment pockets for the global ABS alloys market in terms of the product type, and application segmentation respectively.

Global ABS Alloys Market Revenue Share – By Product Type

The ABS Alloys market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire ABC Alloys market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the ABS Alloysindustry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the ABS alloy industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the ABS alloy market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the ABS Alloys industry. The ABS Alloys market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the ABS Alloyssector. Key strategic developments in the ABS Alloys market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the ABS Alloys market are appropriately highlighted in the report.

During the forecast era, growth in the automotive industry in emerging economies such as India, China, and Japan is expected to fuel the global demand for ABS alloys. In addition, the demand for ABS alloys is increasing due to its advantages such as creep resistance, high impact strength, and good dimensional stability. An increase in the usage of polycarbonate ABS alloys in the automotive industry is expected to bring significant opportunities to ABS alloy manufacturers in the near future. The ABS alloys market is boosted by better thermal stability and excellent dielectric properties demonstrated by ABS alloys.

The ABS Alloys market research report delivers an acute valuation and taxonomy of the ABS Alloysindustry by practically splitting the market on the basis of different types, applications, industry verticals, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the ABS Alloysindustry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the ABS Alloysindustry is provided for the leading economies of the world.

The ABS alloy market is segmented based on product type, application, and region. On the basis of product type segmentation, the market is classified into Polycarbonate ABS Alloys (PC ABS Alloys), Polyethylene Terephthalate ABS Alloys (PET ABS alloys), and others. Based on the application, the market has been categorized into automotive, electrical & electronics, and architectural among others.

Report Scope

Some of the leading players in the global market include

• Lotte
• Chimei
• Cheil Industries
• Polymer Technology & Services
• Techno polymer
• Bayer
• BASF
• Kumho Petrochemical
• LG Chem
• Sumitomo
• Enichem

The taxonomy of the ABS Alloys market by its scope and segmentation is as follows:

By Product Type Analysis

• Polycarbonate ABS Alloys (PC ABS Alloys)
• Polyethylene Terephthalate ABS Alloys (PET ABS alloys)
• Others

By Application Analysis

• Automotive
• Electrical & Electronics
• Architectural
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa