Market Overview:
The global general grade ASA copolymers 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 general grade ASA copolymers from various end-use industries, such as automotive, building & construction, home appliances, sports & leisure, consumer electronics and others. Additionally, the growing demand for lightweight and durable materials is also contributing to the growth of this market.
Product Definition:
An ASA copolymer is a synthetic thermoplastic polymer that is produced from acrylonitrile, styrene, and acetone. It has a high impact strength and resistance to weathering. It is used in the manufacture of outdoor signs, traffic cones, and other items that are exposed to the elements.
Blow Molding:
Blow molding is a process of creating hollow parts or objects by using air as a raw material. The main components involved in the manufacturing are polymer, mold and heat source. Polymer is used to make molds and various other materials such as silica, gold etc., which are used for heating provide the shape of desired object through solidification.
The advantages associated with blow molding include cost efficiency, ease in producing complex shapes.
Injection Molding:
Injection molding (IM) is a process of creating three-dimensional shapes from plastic compounds by injecting them into a metal mold under high pressure. The material used in this process can be polymers, elastomers, or any other liquid that can be injected into the mold cavity. There are different types of injection molding machines available depending upon the volume of production required and type/size of molds required for manufacturing parts & components.
Application Insights:
The automotive segment accounted for over 30% of the overall revenue share in 2017. The growing demand for lightweight materials with high strength and excellent flexibility is expected to drive the product demand in this application segment over the forecast period. Blow molding is one of the most popular methods used to produce automotive parts, owing to its low cost and ease of operation. However, injection molding has been gaining popularity due to its higher efficiency and lower costs associated with it.
Building & construction was another prominent application area where general grade ASA copolymers were utilized extensively in various end-use industries such as building & construction, consumer electronics, sports & leisure goods manufacturing sectors across regions including North America; Latin America; Europe; Asia Pacific; Middle East Africa (MEA) among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 30%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from key industries, such as automotive, consumer electronics, building & construction and others. In addition, rising disposable income coupled with growing population has resulted in increased sales of general grade ASA copolymers across this region.
The Asia Pacific economy is characterized by rapid urbanization along with industrial growth at a faster rate than other regions. It also features high foreign investments especially from China which has led to an increase in production capacity across various industries including automotive and others. These factors are anticipated to drive product demand during the forecast period. Moreover, favorable government policies aimed at promoting manufacturing output are projected to further fuel industry expansion over this region during the same period (2018-2030).
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction and packaging
- Rising demand for lightweight and durable materials in automotive sector
- Growing construction industry in developing countries
- Increasing use of general grade ASA copolymers in food packaging applications
- Technological advancements that lead to development of new grades of ASA copolymers
Scope Of The Report
Report Attributes
Report Details
Report Title
General Grade ASA Copolymers Market Research Report
By Type
Blow Molding, Injection Molding
By Application
Automotive, Building & Construction, Home Appliances, Sports & Leisure, Consumer Electronics, Others
By Companies
LG Chem, Chi Mei Corporation, Ineos Styrolution Group, SABIC, Techno-UMG Co., Ltd., KUMHO-SUNNY, Formosa Chemicals & Fibre Corporation, NIPPON A&L, LOTTE Advanced Materials, Schulman (LyondellBasell), LG Chem, SAX Polymers Industries, Technoform, Run Feng Sci.&Tech, Shandong Novista Chemicals
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global General Grade ASA Copolymers Market Report Segments:
The global General Grade ASA Copolymers market is segmented on the basis of:
Types
Blow Molding, Injection Molding
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
Automotive, Building & Construction, Home Appliances, Sports & Leisure, Consumer Electronics, Others
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:
- LG Chem
- Chi Mei Corporation
- Ineos Styrolution Group
- SABIC
- Techno-UMG Co., Ltd.
- KUMHO-SUNNY
- Formosa Chemicals & Fibre Corporation
- NIPPON A&L
- LOTTE Advanced Materials
- Schulman (LyondellBasell)
- LG Chem
- SAX Polymers Industries
- Technoform
- Run Feng Sci.&Tech
- Shandong Novista Chemicals
Highlights of The General Grade ASA Copolymers 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:
- Blow Molding
- Injection Molding
- By Application:
- Automotive
- Building & Construction
- Home Appliances
- Sports & Leisure
- Consumer Electronics
- Others
- 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 General Grade ASA Copolymers 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.
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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?
General grade ASA copolymers are a type of thermoplastic that is made up of two or more types of polymers. These copolymers can be either homopolymer or heteropolymer, and they are often used in products where strength and durability are important, such as automotive parts and medical devices.
Some of the major companies in the general grade asa copolymers market are LG Chem, Chi Mei Corporation, Ineos Styrolution Group, SABIC, Techno-UMG Co., Ltd., KUMHO-SUNNY, Formosa Chemicals & Fibre Corporation, NIPPON A&L, LOTTE Advanced Materials, Schulman (LyondellBasell), LG Chem, SAX Polymers Industries, Technoform, Run Feng Sci.&Tech, Shandong Novista Chemicals.
The general grade asa copolymers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 General Grade ASA Copolymers 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 General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size & Forecast, 2018-2028 4.5.1 General Grade ASA Copolymers Market Size and Y-o-Y Growth 4.5.2 General Grade ASA Copolymers Market Absolute $ Opportunity
Chapter 5 Global General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Type
5.2.1 Blow Molding
5.2.2 Injection Molding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Building & Construction
6.2.3 Home Appliances
6.2.4 Sports & Leisure
6.2.5 Consumer Electronics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global General Grade ASA Copolymers 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 General Grade ASA Copolymers 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 General Grade ASA Copolymers Analysis and Forecast
9.1 Introduction
9.2 North America General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Type
9.6.1 Blow Molding
9.6.2 Injection Molding
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 General Grade ASA Copolymers Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Building & Construction
9.10.3 Home Appliances
9.10.4 Sports & Leisure
9.10.5 Consumer Electronics
9.10.6 Others
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 General Grade ASA Copolymers Analysis and Forecast
10.1 Introduction
10.2 Europe General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Type
10.6.1 Blow Molding
10.6.2 Injection Molding
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 General Grade ASA Copolymers Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Building & Construction
10.10.3 Home Appliances
10.10.4 Sports & Leisure
10.10.5 Consumer Electronics
10.10.6 Others
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 General Grade ASA Copolymers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Type
11.6.1 Blow Molding
11.6.2 Injection Molding
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 General Grade ASA Copolymers Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Building & Construction
11.10.3 Home Appliances
11.10.4 Sports & Leisure
11.10.5 Consumer Electronics
11.10.6 Others
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 General Grade ASA Copolymers Analysis and Forecast
12.1 Introduction
12.2 Latin America General Grade ASA Copolymers 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 General Grade ASA Copolymers Market Size Forecast by Type
12.6.1 Blow Molding
12.6.2 Injection Molding
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 General Grade ASA Copolymers Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Building & Construction
12.10.3 Home Appliances
12.10.4 Sports & Leisure
12.10.5 Consumer Electronics
12.10.6 Others
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) General Grade ASA Copolymers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) General Grade ASA Copolymers 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) General Grade ASA Copolymers Market Size Forecast by Type
13.6.1 Blow Molding
13.6.2 Injection Molding
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) General Grade ASA Copolymers Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Building & Construction
13.10.3 Home Appliances
13.10.4 Sports & Leisure
13.10.5 Consumer Electronics
13.10.6 Others
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 General Grade ASA Copolymers Market: Competitive Dashboard
14.2 Global General Grade ASA Copolymers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Chem
14.3.2 Chi Mei Corporation
14.3.3 Ineos Styrolution Group
14.3.4 SABIC
14.3.5 Techno-UMG Co., Ltd.
14.3.6 KUMHO-SUNNY
14.3.7 Formosa Chemicals & Fibre Corporation
14.3.8 NIPPON A&L
14.3.9 LOTTE Advanced Materials
14.3.10 Schulman (LyondellBasell)
14.3.11 LG Chem
14.3.12 SAX Polymers Industries
14.3.13 Technoform
14.3.14 Run Feng Sci.&Tech
14.3.15 Shandong Novista Chemicals