Market Overview:
The global high heat resistant ABS market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high heat resistant ABS in automotive, industrial, and household appliances applications. In addition, the growing demand for high-end consumer electronics is also contributing to the growth of this market. On the basis of type, super high heat resistant ABS is expected to witness higher growth as compared to other types during the forecast period from 2018 to 2030. This can be attributed due its superior properties such as resistance against thermal degradation and excellent impact strength at elevated temperatures over conventional grades of ABS resin. On the basis of application, automotive use segment is projected register highest CAGR during forecast period owing rising demand for lightweight vehicles with improved fuel efficiency and safety features across globe .
Product Definition:
ABS is an acronym for acrylonitrile butadiene styrene. It is a type of thermoplastic that is often used in the manufacturing of products such as automotive parts, electronic equipment, and kitchen appliances. ABS is known for its high heat resistance, meaning that it can withstand high temperatures without melting or warping. This quality makes it a desirable material for use in products that are exposed to heat, such as ovens and grills.
High Heat Resistant:
High heat resistant (HHR) Acrylonitrile Butadiene Styrene (ABS) is a thermoplastic polymer. It has high resistance to temperature and chemical stress, and low flexibility at room temperature. HHR ABS is used in applications that require higher temperatures such as automotive parts, household appliances, electrical equipment housing components or industrial machinery components.
Super High Heat Resistant:
Super high heat resistant (SHHR) is a material that can sustain at least twice the temperature of steel. It is used in manufacturing High Heat Resistant (ABS) plastics due to its superior properties such as lightweight and durability.
Application Insights:
The automotive use segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. Rising demand for lightweight materials with superior mechanical properties has been a major factor driving product demand in this application segment. In addition, increasing penetration of electric vehicles (EVs) across various regions is expected to further drive market growth during the forecast period.
High heat resistant plastics are used extensively in manufacturing automobile parts as they offer flexibility, strength and durability at lower temperatures than conventional plastics do. The material offers better resistance against wear & tear and maintains its shape even after being subjected to high heat conditions, which enables its use in manufacturing automotive components such as engine covers, radiators & fans blades etcetera.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and industrial activities, which results in high product demand. China, India, Japan, South Korea are some of the prominent countries that contribute significantly to regional market growth.
China is one of the leading producers as well as consumers of high heat resistant ABS across the globe owing to presence of large-scale manufacturers such as SINOPEC Shanghai Petrochemical Corporation (SSPC) and China National Petroleum Corporation (CNPC). Absorption degraders compete with other raw materials used for manufacturing various end-use industries such as automotive & transportation; household appliances; electronics; etc., thus making it an attractive destination for global investors.
North America accounted for a significant share in terms of revenue due to growing demand from several key application sectors including automotive & transportation, consumer electronics/IT products among others.
Growth Factors:
- Increasing demand for lightweight and high heat resistant ABS in automotive and transportation industries
- Rising demand for high heat resistant ABS in electrical and electronics industries
- Growing use of high heat resistant ABS in construction and infrastructure projects
- Increasing adoption of high heat resistant ABS in medical devices and appliances industry
- Rising popularity of 3D printing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
High Heat Resistant ABS Market Research Report
By Type
High Heat Resistant, Super High Heat Resistant
By Application
Automotive Use, Industrial Use, Household Appliances, High-end Consumer Electronics, Others
By Companies
INEOS Styrolution, LG Chem, Chi Mei, ELIX Polymers (Sinochem), SABIC, Toray, Lotte Advanced Materials, Trinseo, CNPC, Formosa Chemicals, Techno-UMG (JSR), SAX Polymers Industries, Versalis, KUMHO-SUNNY, KKPC
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global High Heat Resistant ABS Market Report Segments:
The global High Heat Resistant ABS market is segmented on the basis of:
Types
High Heat Resistant, Super High Heat Resistant
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 Use, Industrial Use, Household Appliances, High-end 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:
- INEOS Styrolution
- LG Chem
- Chi Mei
- ELIX Polymers (Sinochem)
- SABIC
- Toray
- Lotte Advanced Materials
- Trinseo
- CNPC
- Formosa Chemicals
- Techno-UMG (JSR)
- SAX Polymers Industries
- Versalis
- KUMHO-SUNNY
- KKPC
Highlights of The High Heat Resistant 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:
- High Heat Resistant
- Super High Heat Resistant
- By Application:
- Automotive Use
- Industrial Use
- Household Appliances
- High-end 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 High Heat Resistant 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 heat resistant ABS is a type of plastic that can withstand high temperatures. This type of plastic is often used in products that are exposed to high temperatures, such as cookware and ovens.
Some of the major players in the high heat resistant abs market are INEOS Styrolution, LG Chem, Chi Mei, ELIX Polymers (Sinochem), SABIC, Toray, Lotte Advanced Materials, Trinseo, CNPC, Formosa Chemicals, Techno-UMG (JSR), SAX Polymers Industries, Versalis, KUMHO-SUNNY, KKPC.
The high heat resistant abs 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 High Heat Resistant 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 Heat Resistant ABS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Heat Resistant 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 Heat Resistant 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 Heat Resistant ABS Market Size & Forecast, 2018-2028
4.5.1 High Heat Resistant ABS Market Size and Y-o-Y Growth
4.5.2 High Heat Resistant ABS Market Absolute $ Opportunity
Chapter 5 Global High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
5.2.1 High Heat Resistant
5.2.2 Super High Heat Resistant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Applications
6.2.1 Automotive Use
6.2.2 Industrial Use
6.2.3 Household Appliances
6.2.4 High-end Consumer Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Heat Resistant 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 Heat Resistant 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 Heat Resistant ABS Analysis and Forecast
9.1 Introduction
9.2 North America High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
9.6.1 High Heat Resistant
9.6.2 Super High Heat Resistant
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 Heat Resistant ABS Market Size Forecast by Applications
9.10.1 Automotive Use
9.10.2 Industrial Use
9.10.3 Household Appliances
9.10.4 High-end Consumer Electronics
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 High Heat Resistant ABS Analysis and Forecast
10.1 Introduction
10.2 Europe High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
10.6.1 High Heat Resistant
10.6.2 Super High Heat Resistant
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 Heat Resistant ABS Market Size Forecast by Applications
10.10.1 Automotive Use
10.10.2 Industrial Use
10.10.3 Household Appliances
10.10.4 High-end Consumer Electronics
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 High Heat Resistant ABS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
11.6.1 High Heat Resistant
11.6.2 Super High Heat Resistant
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 Heat Resistant ABS Market Size Forecast by Applications
11.10.1 Automotive Use
11.10.2 Industrial Use
11.10.3 Household Appliances
11.10.4 High-end Consumer Electronics
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 High Heat Resistant ABS Analysis and Forecast
12.1 Introduction
12.2 Latin America High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
12.6.1 High Heat Resistant
12.6.2 Super High Heat Resistant
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 Heat Resistant ABS Market Size Forecast by Applications
12.10.1 Automotive Use
12.10.2 Industrial Use
12.10.3 Household Appliances
12.10.4 High-end Consumer Electronics
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) High Heat Resistant ABS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Heat Resistant 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 Heat Resistant ABS Market Size Forecast by Type
13.6.1 High Heat Resistant
13.6.2 Super High Heat Resistant
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 Heat Resistant ABS Market Size Forecast by Applications
13.10.1 Automotive Use
13.10.2 Industrial Use
13.10.3 Household Appliances
13.10.4 High-end Consumer Electronics
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 High Heat Resistant ABS Market: Competitive Dashboard
14.2 Global High Heat Resistant ABS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 INEOS Styrolution
14.3.2 LG Chem
14.3.3 Chi Mei
14.3.4 ELIX Polymers (Sinochem)
14.3.5 SABIC
14.3.6 Toray
14.3.7 Lotte Advanced Materials
14.3.8 Trinseo
14.3.9 CNPC
14.3.10 Formosa Chemicals
14.3.11 Techno-UMG (JSR)
14.3.12 SAX Polymers Industries
14.3.13 Versalis
14.3.14 KUMHO-SUNNY
14.3.15 KKPC
