Dec 31, 2021   SOURCE: BusinessWire

Global Acrylonitrile Butadiene Styrene Market (2021 to 2030) - Identify Drivers and Challenges - ResearchAndMarkets.com

The "Global Acrylonitrile Butadiene Styrene Market Analysis: Technology (Propane Ammoxidation and Others), End-Use (Electrical and Electronics, Automotive, Household & Construction, and Others), Region, Competition Forecast & Opportunities, 2030" report has been added to ResearchAndMarkets.com's offering.

Global Acrylonitrile Butadiene Styrene demand stood at 10.62 Million Tonnes in 2020 and is forecast to reach 18.43 Million Tonnes by 2030, growing at a healthy CAGR of 5.74% until 2030 owing to the proliferation of new technologies, rise in demand for automobiles, use of electronic equipment in automobiles, and the construction sector.

Acrylonitrile butadiene styrene is majorly used in the electronic and automobile sector. Gradually increasing demand for automobiles and the use of electronic equipment accounts for the rise of the global acrylonitrile butadiene market. Also, the growing construction activities all over the world contribute to the steady demand for acrylonitrile butadiene styrene across the world. Based on technology, Propane ammoxidation technology dominates the global acrylonitrile butadiene styrene market.

The COVID-19 outbreak has been declared as a pandemic by World Health Organization, which has affected several countries and businesses adversely. Leading authorities around the globe imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Temporary shut down of manufacturing units and disruption in the supply chain led to acrylonitrile butadiene styrene market decline. Besides, the adverse effects on the economy led to the sudden fall in demand for electronics, automobiles, and construction activities, which led to the further deterioration of the acrylonitrile butadiene styrene market.

Based on regional analysis, APAC dominated the global acrylonitrile butadiene styrene market. The dominance of Asia-Pacific in the global acrylonitrile butadiene styrene market can be attributed to growing awareness about the benefits of acrylonitrile butadiene styrene in developing economies, like China and Taiwan, which accounts for the majority consumption of total acrylonitrile butadiene styrene worldwide.

Objective of the Study:

  • To assess the demand-supply scenario of acrylonitrile butadiene styrene which covers production, demand, and supply of acrylonitrile butadiene styrene market globally.
  • To analyze and forecast the market size of acrylonitrile butadiene styrene.
  • To classify and forecast the global acrylonitrile butadiene styrene market based on fiber, technology, end-use, and regional distribution.
  • To identify drivers and challenges for the global acrylonitrile butadiene styrene market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global acrylonitrile butadiene styrene market.
  • To identify and analyze the profile of leading players involved in the manufacturing of acrylonitrile butadiene styrene.

Key Topics Covered:

1. Global Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

1.1. Capacity, By Volume

1.1.1. By Company

1.2. Production, By Volume

1.2.1. By Company

1.3. Operating Efficiency

1.3.1. By Company

2. Global Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

2.1. By Technology

2.2. By End Use

2.3. By Region

2.4. By Company

3. North America Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

3.1. Capacity, By Volume

3.1.1. By Country

3.2. Production

3.2.1. By Country

3.3. Operating Efficiency

3.3.1. By Country

4. North America Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

5. Asia Pacific Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

6. Asia Pacific Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

7. Europe Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

8. Europe Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

9. MEA Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

10. MEA Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

11. South America Acrylonitrile Butadiene Styrene Market Outlook, 2015-2030

12. South America Acrylonitrile Butadiene Styrene Demand Outlook, 2015-2030, By Volume

13. By Region

14. News and Deals

For more information about this report visit https://www.researchandmarkets.com/r/4anan0