Market Overview:
The global ABS+PMMA market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 3C products, appliances, and medical devices. In addition, rising awareness about the benefits of using ABS+PMMA over other materials is also contributing to the growth of this market. The global ABS+PMMA market by type is segmented into general purpose grade, high impact grade, high rigidity grade, and other segments. The general purpose grade segment dominates the global ABS+PMMA market and is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
ABS+PMMA is an acronym that stands for Acrylonitrile Butadiene Styrene Plus Polymethyl Methacrylate. ABS+PMMA is a thermoplastic polymer that has a high resistance to impact and heat, making it ideal for producing durable parts and products. Additionally, its transparency and glossiness make it popular for uses such as signage and automotive parts.
General Purpose Grade:
General purpose grade is a range of thermoplastic polymers that are widely used in automotive and construction applications. They have high demand due to their cost-effectiveness, easy availability, and compatibility with numerous substrates.
High Impact Grade:
High-Impact Grade (HI-GR) is a new term in the market which was introduced by the manufacturers to grade their products according to performance. The grade can withstand high impact and pressure, as compared to standard impact grades. HI-GR materials are used for manufacturing automotive parts such as engine covers, transmission cases, rocker panels, dashboards & consoles and others due to excellent properties such as superior aesthetics & finishes along with high resistance towards chemicals & scratches.
Application Insights:
The global demand for ABS has witnessed a paradigm shift due to its high-temperature resistance. It is used in the manufacturing of cookware, household appliances and other products. The growing use of plastics in the manufacturing of toys is expected to have a positive impact on product demand over the forecast period. In addition, rising consumer disposable income levels coupled with changing lifestyles are anticipated to propel growth over the coming years.
The medical industry has been one of the major consumers owing to its lightweight properties and favorable cost structure compared with traditional metal parts and glass components made from precious metals such as silver or gold. Moreover, it offers excellent biocompatibility along with low toxicity which makes it suitable for implants & prosthetics production across various end-use industries including electronics & semiconductor industry and automotive sector among others.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for consumer appliances, medical devices and automotive parts among others.
The growing population coupled with rising living standards have spurred the demand for consumer appliances such as refrigerators, washing machines and dishwashers among others across Asia Pacific countries such as China, India and Japan. Moreover, favorable government initiatives aimed at improving infrastructure are likely to boost product adoption across various end-use industries including construction sector which is projected to drive industry expansion over the coming years.
North America accounted for a major share of global ABS+PMMA consumption in 2017 owing to high product utilization within automobile applications including interior panels, exterior body components and hoods among others primarily within passenger cars.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of lightweight and durable plastics in consumer electronics
- Rising demand for medical implants made from ABS+PMMA
- Proliferation of 3D printing technology
- Growing awareness about the benefits of ABS+PMMA among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
ABS+PMMA Market Research Report
By Type
General Purpose Grade, High Impact Grade, High Rigidity Grade, Other
By Application
Appliance Industry, 3C Products, Toys, Medical Industry, Other
By Companies
Toray, LG Chem, Chi Mei, LOTTE Advanced Materials, Styrolution, Techno-UMG, Denka, Formosa Chemicals & Fibre, NIPPON A&L
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global ABS+PMMA Market Report Segments:
The global ABS+PMMA market is segmented on the basis of:
Types
General Purpose Grade, High Impact Grade, High Rigidity Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Appliance Industry, 3C Products, Toys, Medical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toray
- LG Chem
- Chi Mei
- LOTTE Advanced Materials
- Styrolution
- Techno-UMG
- Denka
- Formosa Chemicals & Fibre
- NIPPON A&L
Highlights of The ABS+PMMA Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Purpose Grade
- High Impact Grade
- High Rigidity Grade
- Other
- By Application:
- Appliance Industry
- 3C Products
- Toys
- Medical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ABS+PMMA Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ABS+PMMA is a type of plastic that is made from two different types of plastics. ABS (acrylonitrile butadiene styrene) is a common type of plastic and PMMA (polymethyl methacrylate) is a less common type of plastic. When these two types of plastics are combined, it creates an even more durable and resistant material that can be used in products like smartphones, tablets, and other electronics.
Some of the major players in the abs+pmma market are Toray, LG Chem, Chi Mei, LOTTE Advanced Materials, Styrolution, Techno-UMG, Denka, Formosa Chemicals & Fibre, NIPPON A&L.
The abs+pmma market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ABS+PMMA Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ABS+PMMA Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ABS+PMMA Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ABS+PMMA Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ABS+PMMA Market Size & Forecast, 2020-2028
4.5.1 ABS+PMMA Market Size and Y-o-Y Growth
4.5.2 ABS+PMMA Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 General Purpose Grade
5.2.2 High Impact Grade
5.2.3 High Rigidity Grade
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Appliance Industry
6.2.2 3C Products
6.2.3 Toys
6.2.4 Medical Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ABS+PMMA Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ABS+PMMA Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 General Purpose Grade
9.6.2 High Impact Grade
9.6.3 High Rigidity Grade
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Appliance Industry
9.10.2 3C Products
9.10.3 Toys
9.10.4 Medical Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 General Purpose Grade
10.6.2 High Impact Grade
10.6.3 High Rigidity Grade
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Appliance Industry
10.10.2 3C Products
10.10.3 Toys
10.10.4 Medical Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 General Purpose Grade
11.6.2 High Impact Grade
11.6.3 High Rigidity Grade
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Appliance Industry
11.10.2 3C Products
11.10.3 Toys
11.10.4 Medical Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 General Purpose Grade
12.6.2 High Impact Grade
12.6.3 High Rigidity Grade
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Appliance Industry
12.10.2 3C Products
12.10.3 Toys
12.10.4 Medical Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 General Purpose Grade
13.6.2 High Impact Grade
13.6.3 High Rigidity Grade
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Appliance Industry
13.10.2 3C Products
13.10.3 Toys
13.10.4 Medical Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ABS+PMMA Market: Competitive Dashboard
14.2 Global ABS+PMMA Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 LG Chem
14.3.3 Chi Mei
14.3.4 LOTTE Advanced Materials
14.3.5 Styrolution
14.3.6 Techno-UMG
14.3.7 Denka
14.3.8 Formosa Chemicals & Fibre
14.3.9 NIPPON A&L
