Market Overview:
The global high gloss ABS 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 high gloss ABS in various applications, such as appliance industry, 3C products, toys, medical and others. In terms of type, general purpose grade is expected to hold a major share of the global high gloss ABS market during the forecast period. However, high impact grade is projected to grow at a higher CAGR than other types during the forecast period.
Product Definition:
High Gloss ABS is a type of plastic that has a high sheen or shine. It is often used in products that require a glossy finish, such as automotive parts, electronics, and furniture.
General Purpose Grade:
General purpose grade is a high-quality, fully neutralized acrylonitrile butadiene styrene (ABS) that has been processed to remove the trace of acidity which is present in the natural ABS. The end product has excellent mechanical properties and dimensional stability. It also offers good impact strength, toughness and surface hardness along with excellent color retention after extrusion.
High Impact Grade:
High gloss grade is used to provide high shine and smooth finish on the product. It has various properties such as impact resistance, weather ability, chemical & temperature resistance, abrasion & heat distortion tolerance. The grade can be differentiated by different parameters such as thickness of laminates and films along with different technologies used for bonding the substrates together.
Application Insights:
The global high gloss ABS market is segmented on the basis of application into appliances, 3C products, toys and medical. The 3C products segment held a significant share in 2017 and is expected to witness growth over the forecast period owing to increasing demand for electrical equipment such as refrigerators, washing machines among others. Rising population coupled with rising disposable income has led to an increase in demand for consumer goods which will further boost industry growth over the coming years.
The medical sector accounted for a relatively small share in terms of volume but is projected to grow at a rapid pace due to its growing usage in manufacturing orthopedic devices such as knee & hip implants among others.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in various application industries in the region. The growth can be attributed to rapid industrialization, rising population, and improving standards of living along with government initiatives for infrastructure development.
North America accounted for over 15% share of global revenue in 2017 on account of high product penetration due to increased consumer disposable income levels and improved standard of living coupled with strong economic conditions such as low unemployment rate and high GDP growth rates which are likely to continue over the forecast period will drive industry expansion further. Moreover, stringent regulations by regulatory bodies such as U.S FDA regarding food contact materials are anticipated favorably impact industry growth through 2025-26).
Growth Factors:
- Increasing demand from automotive and consumer electronics industries
- Rising demand for lightweight and durable materials in transportation sector
- Growing popularity of 3D printing technology
- Rising disposable income of consumers in developing countries
- Technological advancements that improve the properties of ABS
Scope Of The Report
Report Attributes
Report Details
Report Title
High Gloss ABS Market Research Report
By Type
General Purpose Grade, High Impact Grade, High Rigidity Grade, Other
By Application
Appliance Industry, 3C Products, Toys, Medical, Other
By Companies
Toray, INEOS Styrolution, LG Chem, Chi Mei, ELIX Polymers (Sinochem), SABIC, Lotte Advanced Materials, Trinseo, Formosa Chemicals, Techno-UMG (JSR), Toray
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global High Gloss ABS Market Report Segments:
The global High Gloss ABS 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, 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
- INEOS Styrolution
- LG Chem
- Chi Mei
- ELIX Polymers (Sinochem)
- SABIC
- Lotte Advanced Materials
- Trinseo
- Formosa Chemicals
- Techno-UMG (JSR)
- Toray
Highlights of The High Gloss ABS 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
- 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 High Gloss ABS 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?
High gloss ABS is a type of plastic that has a very smooth, glossy finish. It is often used in products that need to look high quality and expensive, such as furniture and appliances.
Some of the key players operating in the high gloss abs market are Toray, INEOS Styrolution, LG Chem, Chi Mei, ELIX Polymers (Sinochem), SABIC, Lotte Advanced Materials, Trinseo, Formosa Chemicals, Techno-UMG (JSR), Toray.
The high gloss abs 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 High Gloss ABS 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 High Gloss ABS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size & Forecast, 2018-2028
4.5.1 High Gloss ABS Market Size and Y-o-Y Growth
4.5.2 High Gloss ABS Market Absolute $ Opportunity
Chapter 5 Global High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size Forecast by Applications
6.2.1 Appliance Industry
6.2.2 3C Products
6.2.3 Toys
6.2.4 Medical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Analysis and Forecast
9.1 Introduction
9.2 North America High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size Forecast by Applications
9.10.1 Appliance Industry
9.10.2 3C Products
9.10.3 Toys
9.10.4 Medical
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 High Gloss ABS Analysis and Forecast
10.1 Introduction
10.2 Europe High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size Forecast by Applications
10.10.1 Appliance Industry
10.10.2 3C Products
10.10.3 Toys
10.10.4 Medical
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 High Gloss ABS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size Forecast by Applications
11.10.1 Appliance Industry
11.10.2 3C Products
11.10.3 Toys
11.10.4 Medical
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 High Gloss ABS Analysis and Forecast
12.1 Introduction
12.2 Latin America High Gloss ABS 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 High Gloss ABS 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 High Gloss ABS Market Size Forecast by Applications
12.10.1 Appliance Industry
12.10.2 3C Products
12.10.3 Toys
12.10.4 Medical
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) High Gloss ABS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Gloss ABS 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) High Gloss ABS 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) High Gloss ABS Market Size Forecast by Applications
13.10.1 Appliance Industry
13.10.2 3C Products
13.10.3 Toys
13.10.4 Medical
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 High Gloss ABS Market: Competitive Dashboard
14.2 Global High Gloss ABS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 INEOS Styrolution
14.3.3 LG Chem
14.3.4 Chi Mei
14.3.5 ELIX Polymers (Sinochem)
14.3.6 SABIC
14.3.7 Lotte Advanced Materials
14.3.8 Trinseo
14.3.9 Formosa Chemicals
14.3.10 Techno-UMG (JSR)
14.3.11 Toray
