Report Code : CVMI2412209 | Published Date : March 3, 2025

The Global Acrylonitrile Butadiene Styrene (ABS) Market was valued at USD 25.6 billion in 2023 and is projected to reach USD 36.2 billion by 2031, growing at a CAGR of 5.9%. ABS, a versatile thermoplastic polymer, is widely used in the automotive, electronics, and consumer goods industries due to its exceptional impact resistance, heat stability, and moldability. The market growth is driven by the increasing demand for lightweight materials in electric vehicles (EVs), a surge in consumer electronics production, and advancements in 3D printing technologies.

Key Market Drivers

  1. Automotive Industry Transformation
    • ABS consumption in automotive applications accounts for 35% of total demand, driven by trends in EV lightweighting (which reduce vehicle weight) by 15-20%)
    • BMW and Tesla now use ABS composites in 40% of interior components (dashboards, doors) panels)
  2. Electronics Sector Boom
    • Global electronics manufacturing is expected to grow at a 7.2% CAGR, with ABS being used in:
      • Laptop housings account for 28% of all plastic components)
      • Smartphone cases (15 million tons consumed) annually)
  3. Additive Manufacturing Advancements
    • ABS filaments constitute 45% of 3D printing materials market
    • Stratasys' launch of high-temperature ABS in 2024 enables aerospace applications
  4. Regulatory Support for Recycled ABS
    • The EU's Plastics Strategy 2030 mandates 30% recycled content in ABS products
    • Dow Chemical's roadmap for 2025 targets 100% circular ABS production

 

Market Segmentation

By Application

  • Automotive (35% share): Interior trim, wheel covers, HVAC systems
  • Electronics (XX%): Keyboard keys, printer components, power tool housings
  • Consumer Goods (XX%): LEGO bricks, luggage cases, musical instruments
  • 3D Printing (XX%): Prototyping, custom manufacturing

 

By Grade

  • General Purpose ABS (XX%): Standard injection molding applications
  • Flame Retardant ABS (XX%): Electrical enclosures and connectors
  • High-Impact ABS (20%): Automotive bumpers and protective gear

 

Regional Analysis

  • Asia-Pacific (55% market share): China's electronics hub (Foxconn uses 120,000 tons/year)
  • North America (XX%): EV production centers (Tesla's Gigafactories consume 18,000 tons annually)
  • Europe (XX%): Strong recycling infrastructure (60% of ABS waste recycled in Germany)

 

Competitive Landscape

The market is highly competitive with top players controlling 70% share:

  1. LG Chem (22% share): Leader in flame-retardant ABS for EVs
  2. INEOS Styrolution (XX%): Supplies 40% of Europe's automotive ABS
  3. SABIC (XX%): Invested USD 500M in bio-based ABS (2023)
  4. Chi Mei Corporation (XX%): Dominates Asian electronics supply chain
  5. Toray Industries (XX%): Specializes in high-temperature 3D printing grades

 

Recent Developments

  • June 2024: LG Chem developed self-healing ABS for smartphone cases
  • Q1 2024: SABIC partnered with HP for recycled ABS 3D printing filaments
  • 2023: BASF launched ABS-PC blends with 20% better impact strength




Reasons To Buy

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Scope

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Key Players

 

Global Acrylonitrile Butadiene Styrene (ABS) Market Report

  1. 1. Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Acrylonitrile Butadiene Styrene (ABS) Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
    2. Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Preface
    1. 2.1 Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Application
      2. 2.1.2 By End-user
      3. 2.1.3 By Region
    3. Global Acrylonitrile Butadiene Styrene (ABS) Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Application, By End-user, By Country
    3. 3.3. Opportunities – By Application, By End-user, By Country
    4. 3.4. Trends – By Application, By End-user, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report – DROTs Impact Analysis
    4. Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Global Acrylonitrile Butadiene Styrene (ABS) Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 Automotive
      1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 5.2 Electronics
      1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 5.3 Consumer Goods
      1. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 5.4 Others
      1. 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Acrylonitrile Butadiene Styrene (ABS) Market, By End-user, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Manufacturers
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 6.2 Industrial
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 6.3 Consumer Markets.
      1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Acrylonitrile Butadiene Styrene (ABS) Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 North America
      1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 7.2 Europe
      1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 7.3 Asia-Pacific
      1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 7.4 Latin America
      1. 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 7.5 Middle East & Africa
      1. 7.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 7.6 Global Acrylonitrile Butadiene Styrene (ABS) Market - Opportunity Analysis Index, By Application, By End-user, and Region, 2024 - 2031
    8. North America Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.1.1 Automotive
      2. 8.1.2 Electronics
      3. 8.1.3 Consumer Goods
      4. 8.1.4 Others
      8.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.2.1 Manufacturers
      2. 8.2.2 Industrial
      3. 8.2.3 Consumer Markets.
      8.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.3.1 United States
      2. 8.3.2 Canada
      8.4 North America Global Acrylonitrile Butadiene Styrene (ABS) Market – Opportunity Analysis Index, By Application, By End-user, and Country, 2024 - 2031
      8.5 Regional Trends Analysis
      8.6 North America Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Company Profiles
      1. 8.6.1 Company 1 (United States)
      2. 8.6.2 Company 2 (Canada)
      3. 8.6.3 Company 3 (Canada)
    9. Europe Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Automotive
      2. 9.1.2 Electronics
      3. 9.1.3 Consumer Goods
      4. 9.1.4 Others
      9.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Manufacturers
      2. 9.2.2 Industrial
      3. 9.2.3 Consumer Markets.
      9.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Germany
      2. 9.3.2 United Kingdom
      3. 9.3.3 France
      4. 9.3.4 Spain
      5. 9.3.5 Italy
      6. 9.3.6 Russia
      7. 9.3.7 Netherlands
      8. 9.3.8 Poland
      9. 9.3.9 Rest of Europe
      9.4 Europe Global Acrylonitrile Butadiene Styrene (ABS) Market – Opportunity Analysis Index, By Application, By End-user, and Country, 2024 - 2031
      9.5 Regional Trends Analysis
      9.6 Europe Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Company Profiles
      1. 9.6.1 Company 1 (Germany)
      2. 9.6.2 Company 2 (United Kingdom)
      3. 9.6.3 Company 3 (United Kingdom)
    10. Asia-Pacific Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Automotive
      2. 10.1.2 Electronics
      3. 10.1.3 Consumer Goods
      4. 10.1.4 Others
      10.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Manufacturers
      2. 10.2.2 Industrial
      3. 10.2.3 Consumer Markets.
      10.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 China
      2. 10.3.2 Japan
      3. 10.3.3 India
      4. 10.3.4 South Korea
      5. 10.3.5 Australia & NZ
      6. 10.3.6 ASEAN
      7. 10.3.7 Rest of Asia-Pacific
      10.4 Asia-Pacific Global Acrylonitrile Butadiene Styrene (ABS) Market – Opportunity Analysis Index, By Application, By End-user, and Country, 2024 - 2031
      10.5 Regional Trends Analysis
      10.6 Asia-Pacific Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Company Profiles
      1. 10.6.1 Company 1 (China)
      2. 10.6.2 Company 2 (Japan)
      3. 10.6.3 Company 3 (Japan)
    11. Latin America Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Automotive
      2. 11.1.2 Electronics
      3. 11.1.3 Consumer Goods
      4. 11.1.4 Others
      11.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Manufacturers
      2. 11.2.2 Industrial
      3. 11.2.3 Consumer Markets.
      11.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Brazil
      2. 11.3.2 Mexico
      3. 11.3.3 Argentina
      4. 11.3.4 Peru
      5. 11.3.5 Colombia
      6. 11.3.6 Rest of Latin America
      11.4 Latin America Global Acrylonitrile Butadiene Styrene (ABS) Market – Opportunity Analysis Index, By Application, By End-user, and Country, 2024 - 2031
      11.5 Regional Trends Analysis
      11.6 Latin America Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Company Profiles
      1. 11.6.1 Company 1 (Brazil)
      2. 11.6.2 Company 2 (Mexico)
      3. 11.6.3 Company 3 (Mexico)
    12. Middle East & Africa Acrylonitrile Butadiene Styrene (ABS) Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 Automotive
      2. 12.1.2 Electronics
      3. 12.1.3 Consumer Goods
      4. 12.1.4 Others
      12.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Manufacturers
      2. 12.2.2 Industrial
      3. 12.2.3 Consumer Markets.
      12.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Saudi Arabia
      2. 12.3.2 UAE
      3. 12.3.3 South Africa
      4. 12.3.4 Egypt
      5. 12.3.5 Israel
      6. 12.3.6 Rest of Middle East and Africa
      12.4 Middle East & Africa Global Acrylonitrile Butadiene Styrene (ABS) Market – Opportunity Analysis Index, By Application, By End-user, and Country, 2024 - 2031
      12.5 Regional Trends Analysis
      12.6 Middle East & Africa Global Acrylonitrile Butadiene Styrene (ABS) Market Research Report - Company Profiles
      1. 12.6.1 Company 1 (Saudi Arabia)
      2. 12.6.2 Company 2 (UAE)
      3. 12.6.3 Company 3 (UAE)
    13. Competition Landscape
    1. 13.1 Strategic Dashboard of Top Market Players
      13.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 13.2.1 Lattice Services
      2. 13.2.2 3D Spectra Technologies LLP
      3. 13.2.3 Treatstock.
    14. Data Collection Method and Research Approach
    15. Principal Presumptions and Acronyms




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