Maximize Market Research's latest report, " Global Acrylonitrile Butadiene Styrene Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Acrylonitrile Butadiene Styrene Market was valued at US$ 25.3 Bn in 2019 and is expected to reach US$ 38.24 Bn by 2026, at a CAGR of 5.3% during the forecast period.
Global Acrylonitrile Butadiene Styrene Market Overview
Acrylonitrile butadiene styrene is derived from acrylonitrile, butadiene, and styrene, which results into the formation of shiny, glossy yet tough, and durable plastic called acrylonitrile butadiene styrene. It is one of the finest polymers in the styrenic family due to some important characteristic features such as greater hardness, toughness, good chemical resistance, and better stability.
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Global Acrylonitrile Butadiene Styrene Market Major Market Players
• LG Chem.
• INEOS Styrolution
• Kumho Petrochemica
• Formosa Chemicals & Fibre Corp.
• BASF SE
• Toray Industries Inc.
• Chi Mei Corporation
• Mitsui Chemicals Inc.
• Ravago Americas
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Acrylonitrile Butadiene Styrene Market by Types and Applications:
Global Acrylonitrile Butadiene Styrene Market, by Application
• Electrical & Electronics
• Consumer Goods
• Others (Healthcare and Aerospace)
The report has covered the market size by country (regions) for the global Acrylonitrile Butadiene Styrene market. Segment by Application. The Acrylonitrile Butadiene Styrene Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Acrylonitrile Butadiene Styrene Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Acrylonitrile Butadiene Styrene Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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