Navigation Links
Global Acrylonitrile Butadiene Styrene Market (ABS) - New Industry Research Report Published by Transparency Market Research
Date:3/8/2013

Albany, New York (PRWEB) March 08, 2013

The major factor driving ABS consumption is the increasing demand from end user applications such as automobiles, appliances and consumer goods. ABS is one of the leading engineering plastics and is increasingly finding usage across a host of industries. There has been a shift in preference towards consumers demanding higher fuel economy in automobiles. Reduction in automobile weight is a primary facet in this regard and the increased use of plastic is inevitable. ABS is used in a variety of automotive applications like trims, panels and coatings among others which is expected to increase its demand over the next six years.

Related Report : Carbon Fiber Market
http://www.transparencymarketresearch.com/carbon-fiber-market.html

China is expected to remain the largest regional market for ABS and is estimated to account for roughly 61% of the global demand by 2018. Low labor and operating costs in China, have forced a considerable number of multinational manufacturing companies to shift their manufacturing units to China. The country is also the world's largest automobile manufacturing nation and consumes huge volumes of plastics, of which ABS is an essential part.

However, ABS faces the threat of being substituted by other thermoplastics, particularly polypropylene and polystyrene. Both these plastics have excellent properties and are increasingly being used as substitutes to ABS in automobile and consumer goods applications. In addition, ABS comprises of monomers that are hazardous and have serious exposure impact on humans and the environment. These factors could act as major inhibitors for the market and could hamper the demand for ABS over the coming years.

ABS demand is dominated by appliance applications, which accounted for over 32% of overall ABS volumes in 2011. However, automotive and consumer goods are fast growing applications of ABS and are expected to gain a substantial market share over the next six years.

Browse the full report at http://www.transparencymarketresearch.com/acrylonitrile-butadiene-styrene.html

The rest of Asia region comprising of countries like India, Japan, Taiwan and Korea is the second largest consumer of ABS after China. The region accounted for over 15% of the global demand in 2011 and is expected to gain market share over the forecast period. With manufacturing capacities being shifted towards China and India and mature domestic demand, North America and Europe are expected to be somewhat stagnant markets for ABS in the near future.
Key participants operating in the ABS market include LG Chem, Chi Mei Corporation, Styrolution, Formosa Plastic Company and SABIC among others. The report profiles the above mentioned companies along with their detailed market share analysis.

The report includes a detailed analysis of the ABS market in terms of volume and revenue. In addition, the study includes the demand forecast for each application across various regions including North America, Europe, China, Rest of Asia and Rest of the World. This granular market data has also been provided for key countries including the U.S., Germany, Japan, South Korea and so on. The global ABS market has been segmented by various applications described below;

Browse All Market Research reports : http://www.transparencymarketresearch.com/

Read the full story at http://www.prweb.com/releases/2013/3/prweb10497369.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. EtQ to Host Life Science Summit on the World of Quality and Global Supply Chain
2. Atlantica Group LLC to Support Global Business Incubation and "Soft Landing" Efforts
3. Infotrieve Hires Mary Ging, Global Publishing Expert, to Lead EU Office
4. Array Biopharma and Global Blood Therapeutics Announce Drug Discovery Collaboration Focused on Hematology
5. Radiopharmaceuticals Market - Global Industry Analysis, Size, Share, Trends And Forecast, 2012 - 2018: MarketResearchReports.Biz
6. Comprehensive Global Testing Solutions for Novel Hepatitis C Therapeutics, New Webinar Hosted by Xtalks
7. Alexandria Real Estate Equities, Inc. Announces Long-Term Lease with Leading Global Commercial-Stage Oncology Company, Onyx Pharmaceuticals, Inc., for New Build-to-Suit Facility in South San Francisco, California
8. Rapidly Growing Company Extends Global Reach
9. Enterprise Mobility players NuWare & VeliQ form a global partnership to deliver mPaaS solutions
10. Mylan to Acquire Agila to Create Leading Global Injectables Platform
11. Global Apheresis Equipment Market is Expected to Reach USD 2.3 Billion by 2018: Transparency Market Research
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... , June 23, 2016 /PRNewswire/ - FACIT ... Ontario biotechnology company, Propellon Therapeutics ... development and commercialization of a portfolio of first-in-class ... Epigenetic targets such as WDR5 represent an exciting ... significantly in precision medicine for cancer patients. Substantial ...
(Date:6/23/2016)... Prostate Cancer Foundation (PCF) is pleased to announce 24 new Young ... cancer. Members of the Class of 2016 were selected from a pool of ... More About the Class of 2016 PCF Young Investigators ... ... ...
(Date:6/23/2016)... ... June 23, 2016 , ... STACS DNA Inc., the sample tracking software company, ... Crime Laboratory, has joined STACS DNA as a Field Application Specialist. , “I ... President and COO of STACS DNA. “In further expanding our capacity as a scientific ...
(Date:6/23/2016)... , June 23, 2016 ... Review, 2016;12(1):22-8 http://doi.org/10.17925/OHR.2016.12.01.22 Published ... the peer-reviewed journal from touchONCOLOGY, Andrew D ... cost of cancer care is placing an increasing ... of expensive biologic therapies. With the patents on ...
Breaking Biology Technology:
(Date:5/3/2016)... May 3, 2016  Neurotechnology, a provider of ... MegaMatcher Automated Biometric Identification System (ABIS) , a ... projects. MegaMatcher ABIS can process multiple complex biometric ... combination of fingerprint, face or iris biometrics. It ... and MegaMatcher Accelerator , which have ...
(Date:4/19/2016)... -- The new GEZE SecuLogic access control ... system solution for all door components. It can be ... interface with integration authorization management system, and thus fulfills ... dimensions of the access control and the optimum integration ... considerable freedom of design with regard to the doors. ...
(Date:3/31/2016)... RATON, Florida , March 31, 2016 ... LEGX ) ("LegacyXChange" or the "Company") ... for potential users of its soon to be launched ... video ( https://www.youtube.com/channel/UCyTLBzmZogV1y2D6bDkBX5g ) will also provide ... the use of DNA technology to an industry that ...
Breaking Biology News(10 mins):