Acrylonitrile Butadiene Styrene (ABS) Market Size, Share, Growth Analysis, By Application (Automotive, Electrical & Electronics), By Process, By End User Industry, By Region - Industry Forecast 2024-2031

The key players in the worldwide acrylonitrile butadiene styrene market concentrate mainly on new product launches, mergers and acquisitions, the development of manufacturing facilities, and collaboration agreements. These are some of the most important tactics used by manufacturers to increase their market shares.

Acrylonitrile Butadiene Styrene (ABS) Market Top Player’s Company Profiles

• LG Chem Ltd. 
• CHIMEI Corporation 
• INEOS Styrolution Group GmbH 
• SABIC 
• Formosa Plastics Corporation 
• Asahi Kasei Corporation 
• Trinseo S.A. 
• Toray Industries, Inc. 
• Kumho Petrochemical Co., Ltd. 
• JSR Corporation 
• Versalis S.p.A. 
• Lotte Chemical Corporation 
• Mitsubishi Chemical Corporation 
• BASF SE 
• Sumitomo Chemical Co., Ltd. 
• Sinopec Group 
• PetroChina Company Limited 
• Covestro AG 
• Cheil Industries Inc. 
• Daicel Corporation

 Acrylonitrile Butadiene Styrene (ABS) Market Recent Development

• In October 2021, The new Gravi-Tech density-modified thermoplastics from Avient Corporation, a developer of specialist polymer materials with headquarters in Avon Lake, Ohio, enable enhanced metal plating surface treatments to deliver both the look and feel of metal in high-end packaging applications. The portfolio extension comprises 15 grades suitable for electroplating as well as physical vapor deposition (PVD) procedures designed to satisfy the expanding needs of the luxury packaging market for a more affordable metal substitute. A variety of improved metallic finishes that convey value and excellent quality can be created using high-density materials. Additionally, in applications like high-end boxes, caps, and closures, these materials provide the design flexibility and manufacturing simplicity of thermoplastics.
• In September 2021, One manufacturer of specialized acrylonitrile-butadiene-styrene with recycled content is Ineos Styrolution, based in Europe. Novodur ECO and NovodurECO High Heat, two new specialized ABS grades, will be composed of 50 and 70% mechanically recovered post-consumer waste, respectively. According to the manufacturer, Novodur High Heat and Novodur can be used as drop-in replacements in their respective applications and share mechanical qualities with their virgin ABS counterparts. The business already produces TerluranECO, a general-purpose ABS Terluran brand with up to 70% recycled ABS material.