Market Overview:
The global heat resistant ABS resin 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 heat resistant ABS resin from various end-use industries, such as automotive, household appliances, high-end consumer electronics, industrial and others. In terms of volume, Asia Pacific is expected to lead the global heat resistant ABS resin market during the forecast period.
Product Definition:
ABS resin is a type of thermoplastic polymer. It is heat resistant, meaning it can withstand high temperatures without melting or warping. This makes it a useful material for manufacturing products that need to be able to withstand extreme heat, such as kitchen appliances and automotive parts.
Blow Molding:
Blow molding is a process of creating hollow plastic parts or products by using air as a raw material. It's major application includes the production of containers and bottles, but it can be used for other applications like automotive components and medical devices too.
Injection Molding:
Injection molding is a process of creating three-dimensional objects from plastic or other materials through the use of injection molding machines. In this process, the material (plastic) is injected into a machine and then heated to create the final product.
Application Insights:
The automotive application segment led the global heat resistant ABS resins market in 2017. The growing demand for lightweight and high-performance materials in the automotive industry is expected to drive product demand over the forecast period. In addition, stringent regulations regarding vehicle weight reduction are anticipated to further propel market growth over the coming years.
Household appliances segment is estimated to register a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on energy efficient products and appliances that consume less energy during manufacturing processes such as heating, cooling & ventilation systems, lighting systems and refrigeration equipment among others. Rising environmental concerns regarding greenhouse gas emissions coupled with government initiatives aimed at reducing these emissions are likely fuel product demand worldwide over the next eight years or so.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand from various application industries. The region is expected to dominate the global market over the forecast period. Increasing consumer preference for electronic devices, such as smartphones and laptops, is one of the major factors driving product demand in this region.
Asia Pacific emerged as a prominent consumer of heat resistant ABS resins due to increasing automotive production in countries like China and India. In addition, rising disposable income levels among consumers are anticipated to fuel industry growth over the coming years. Moreover, growing industrialization along with rapid urbanization has resulted into an increased need for household appliances across developing economies including China and India which will further propel industry growth over next eight years to 2030 in terms of revenue generation globally Heat resistant polymers are used extensively across several end-use industries such as aerospace & defense (armors), automotive (bonnets/tops/hoods), medical equipment & supplies (scales) etc.
Growth Factors:
- Increasing demand for lightweight and heat resistant ABS resin from automotive and transportation industries to reduce the overall weight of the vehicle.
- Growing demand for high-performance engineering plastics in electrical & electronics industry for manufacturing LED lights, displays, and other electronic components.
- Rising consumption of ABS resin in construction industry for manufacturing window frames, door panels, roofing systems, and other building components that require heat resistance properties.
- Increasing use of ABS resin in medical devices sector as a replacement for traditional materials such as metals and glass that are susceptible to heat damage during sterilization process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Resistant ABS Resin Market Research Report
By Type
Blow Molding, Injection Molding
By Application
Automotive, Household Appliances, High-end Consumer Electronics, Industrial, Others
By Companies
Chi Mei, INEOS Styrolution, LG Chem, SABIC, Trinseo, Toray, Formosa, LOTTE Advanced Materials, Techno-UMG (JSR), KKPC, Chi Mei, KUMHO-SUNNY, NIPPON A&L, SAX Polymers Industries
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Heat Resistant ABS Resin Market Report Segments:
The global Heat Resistant ABS Resin 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, Household Appliances, High-end Consumer Electronics, Industrial, 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:
- Chi Mei
- INEOS Styrolution
- LG Chem
- SABIC
- Trinseo
- Toray
- Formosa
- LOTTE Advanced Materials
- Techno-UMG (JSR)
- KKPC
- Chi Mei
- KUMHO-SUNNY
- NIPPON A&L
- SAX Polymers Industries
Highlights of The Heat Resistant ABS Resin 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
- Household Appliances
- High-end Consumer Electronics
- Industrial
- 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 Heat Resistant ABS Resin 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?
Heat resistant ABS resin is a type of thermoplastic that can resist high temperatures. This resin is often used in products that need to be resistant to heat, such as oven mitts and tool handles.
Some of the major companies in the heat resistant abs resin market are Chi Mei, INEOS Styrolution, LG Chem, SABIC, Trinseo, Toray, Formosa, LOTTE Advanced Materials, Techno-UMG (JSR), KKPC, Chi Mei, KUMHO-SUNNY, NIPPON A&L, SAX Polymers Industries.
The heat resistant abs resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size & Forecast, 2018-2028
4.5.1 Heat Resistant ABS Resin Market Size and Y-o-Y Growth
4.5.2 Heat Resistant ABS Resin Market Absolute $ Opportunity
Chapter 5 Global Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Household Appliances
6.2.3 High-end Consumer Electronics
6.2.4 Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Analysis and Forecast
9.1 Introduction
9.2 North America Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Household Appliances
9.10.3 High-end Consumer Electronics
9.10.4 Industrial
9.10.5 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 Heat Resistant ABS Resin Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Household Appliances
10.10.3 High-end Consumer Electronics
10.10.4 Industrial
10.10.5 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 Heat Resistant ABS Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Household Appliances
11.10.3 High-end Consumer Electronics
11.10.4 Industrial
11.10.5 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 Heat Resistant ABS Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Resistant ABS Resin 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 Heat Resistant ABS Resin 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 Heat Resistant ABS Resin Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Household Appliances
12.10.3 High-end Consumer Electronics
12.10.4 Industrial
12.10.5 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) Heat Resistant ABS Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Resistant ABS Resin 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) Heat Resistant ABS Resin 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) Heat Resistant ABS Resin Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Household Appliances
13.10.3 High-end Consumer Electronics
13.10.4 Industrial
13.10.5 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 Heat Resistant ABS Resin Market: Competitive Dashboard
14.2 Global Heat Resistant ABS Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chi Mei
14.3.2 INEOS Styrolution
14.3.3 LG Chem
14.3.4 SABIC
14.3.5 Trinseo
14.3.6 Toray
14.3.7 Formosa
14.3.8 LOTTE Advanced Materials
14.3.9 Techno-UMG (JSR)
14.3.10 KKPC
14.3.11 Chi Mei
14.3.12 KUMHO-SUNNY
14.3.13 NIPPON A&L
14.3.14 SAX Polymers Industries
