Please Wait.....
Report
Acrylonitrile Butadiene Styrene (ABS) Resin - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Acrylonitrile Butadiene Styrene Resin Market size is estimated at 10.04 million tons in 2025, and is expected to reach 12.21 million tons by 2030, at a CAGR of greater than 4% during the forecast period (2025-2030).
The ABS resin market has been significantly impacted due to COVID-19. The market has faced several challenges, such as labor shortages, transportation, and raw material shortages due to the economic slowdown. However, after the relaxation of the lockdown process in most countries, demand for ABS resins is surging as global manufacturing and export-import activities are rapidly increasing.
Key Highlights
- Major factors driving the market are the growing focus on lightweight automobiles and the increasing usage of electronics and consumer goods.
- However, the availability of substitutes for ABS is a key factor anticipated to restrain the growth of the target industry during the forecast period.
- However, the growing usage of PC-ABS resin in industrial applications will likely create lucrative growth opportunities in the global market.
- Asia-Pacific dominated the global market, with the largest consumption from countries like China and India.
Acrylonitrile Butadiene Styrene (ABS) Resin Market Trends
Increasing Demand in the Electronics and Appliances Industry
- The electronics applications for ABS resin mainly include plastic components for electricity transfer. These include boxes, casings, wiring channels, and plastic enclosures.
- ABS plastics are impact-resistant, durable, lightweight, and flame-retardant. Thus, they are widely used in electronics. Moreover, the growing miniaturization of electronic components and increased safety measures across industries are expected to increase the demand for ABS resin in electronics applications.
- The global electronics industry has witnessed massive growth. Asia-Pacific accounts for more than 70% of global electronics production, with countries like South Korea, Japan, and China involved in manufacturing various electrical components and supplying them to various industries globally. Additionally, India is expected to become the world's fifth-largest consumer electronics and appliances industry by 2025.
- China's consumer electronics market is set to bounce back with positive growth in 2024, driven by growing market demand and innovation while increasing retail spending. China's total retail sales of consumer electronics are expected to reach CNY 2.2 trillion (USD 305 billion), and the growth rate is expected to increase further to 5% in 2024.
- The German electrical and electronics industry in Europe accounts for the largest share due to high end-consumer demand. Moreover, the industry is supported by a strong presence of multinational electronics manufacturers catering to the wide demand in the country. The electrical industry accounted for 11% of the total industrial production in Germany.
- The sales of consumer electronics primarily drive the electronics industry in the United States. Moreover, industrial electronics have gained momentum in the past decade owing to the rise in industrial operations across the United States. The high demand for consumer electronics, including television, mobile phones, laptops, and smart gadgets, is expected to increase the utilization of plastic products, thereby positively impacting the market.
- During the forecast period, the market for ABS resin is likely to be driven by continued expansion in the global electronics and appliances industry.
Asia-Pacific to Dominate the Market
- The market for ABS witnessed rapid growth in Asia-Pacific, owing to the increased replacement of traditional plastics by ABS in the growing automotive industry.
- China manufactures about 34% of approximately 69 million cars worldwide each year. Japan and South Korea account for 14.7% of that volume, and South Asia accounts for around 10.8% of that volume, according to the European Automobile Manufacturers Association (ACEA).
- Moreover, the Chinese automotive manufacturing industry is the largest in the world. In 2022, the automotive production in the country reached 27 million, which increased by 3%, compared to 26.08 million vehicles produced in 2021, according to the International Organization of Motor Vehicle Manufacturers (OICA)
- China is estimated to be one of the world's largest electronics production bases. Electronic products, such as smartphones, TVs, wires, cables, portable computing devices, gaming systems, and other personal electronic devices, recorded the highest growth in the electronics segment. This is expected to drive the country's consumption of ABS.
- As per Invest India, the electronics market in India is worth USD 155 billion, with 65% of the total market being domestic. The display market is growing and is expected to grow to USD 15 billion by 2025. In FY23, electronic goods imported into India increased 8% to USD 87.85 billion. Moreover, India's domestic production registered a 13% compound annual growth rate from FY17's total of USD 49 billion to FY23's total of USD 101 billion.
- The Government of Japan has raised subsidies for EVs and aims to increase the number of EV charging stations to 150,000 by 2030. Thus, reviving the automotive industry is likely to boost the ABS market in the country.
- According to the World Bank, household expenditure per capita in South Korea grew 4.6% in 2022 over the previous year. Such growth trends in expenditure will increase the sales of numerous products, including automotive, consumer electronics, and others that utilize acrylonitrile butadiene styrene (ABS) in the coming years.
- Therefore, all these factors are expected to affect the demand in the Asia-Pacific acrylonitrile butadiene styrene resin market during the forecast period.
Acrylonitrile Butadiene Styrene (ABS) Resin Industry Overview
The acrylonitrile butadiene styrene (ABS) resin market is consolidated in nature. Some major key players (not in any particular order) include LG Chem, CHIMEI, INEOS, Formosa Plastics, and PetroChina Company Limited.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Focus on Lightweight Automobiles
4.1.2 Increasing Usage in Electronics and Consumer Goods
4.2 Restraints
4.2.1 Availability of Substitutes for ABS
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Trends
4.6 Regulatory Policies
5 MARKET SEGMENTATION (Market Size in Volume)
5.1 Process Type
5.1.1 Injection Blow Molding
5.1.2 Extrusion Blow Molding
5.1.3 Injection Stretch Blow Molding
5.2 End-user Industry
5.2.1 Automotive and Transportation
5.2.2 Construction
5.2.3 Electronics
5.2.4 Consumer Goods and Appliances
5.2.5 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Thailand
5.3.1.6 Vietnam
5.3.1.7 Malaysia
5.3.1.8 Indonesia
5.3.1.9 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Russia
5.3.3.6 Turkey
5.3.3.7 NORDIC
5.3.3.8 Spain
5.3.3.9 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Colombia
5.3.4.4 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Qatar
5.3.5.4 Nigeria
5.3.5.5 United Arab Emirates
5.3.5.6 Egypt
5.3.5.7 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Manufacturers of ABS Resins
6.4.1.1 CHIMEI
6.4.1.2 Formosa Plastics Corporation
6.4.1.3 LOTTE Chemical Corporation
6.4.1.4 PetroChina Company Limited
6.4.1.5 JSR Corporation
6.4.1.6 Trinseo
6.4.1.7 INEOS Styrolution Group GmbH
6.4.1.8 LG Chem
6.4.1.9 SABIC
6.4.1.10 TORAY INDUSTRIES INC.
6.4.1.11 Springboard (Stack Plastics)
6.4.1.12 DONGGUAN SINCERE TECH CO. LTD
6.4.1.13 Jaco Products
6.4.1.14 ReblingPower Connectors
6.4.1.15 AcoMold Co Limited
6.4.1.16 Rutland Plastics
6.4.1.17 HTI Plastics
6.4.1.18 EX MOULD Co. Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing usage of PC-ABS Resin in Industrial Applications
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security