Market Overview:
The global transparent ABS resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for transparent ABS resin from various end-use industries, such as home appliance, automotive, consumer goods and others. In terms of volume, the Asia Pacific region is expected to lead the global transparent ABS resin market during the forecast period.
Product Definition:
ABS resin is a transparent thermoplastic that can be used in a variety of applications. It is important for its toughness and resistance to impact.
Emulsion Graft Copolymerization:
Emulsion graft copolymerization is a new process in the transparent ABS resin market. It has been developed by SABIC (Saudi Arabia Basic Industries Corporation) and it's growth factor is expected to increase global demand for the product.
Emulsion Graft Copolymerization (EGC) method enables high production rates with improved quality of end products, which was not possible through traditional methods such as emulsification or co-polymerization.
Bulk Copolymerization:
Bulk polymerization is a process of converting monomers into polymers by using heat and pressure. In this process, the reactants are heated and compressed together in the presence of catalysts to produce high molecular weight polymers. The reaction can be carried out with the use of both synthetic and natural (bio-based) catalysts.
Application Insights:
The global transparent ABS resins market is segmented on the basis of application into home appliances, automotive, consumer goods and other industries. In 2017, the home appliance industry was at its peak with a revenue of USD 35.0 billion globally. The growth in this industry can be attributed to increasing disposable income coupled with rising living standards across various regions including Asia Pacific and Middle East & Africa.
Automotive is expected to emerge as one of the fastest-growing segments over the forecast period owing to increasing demand for lightweight materials that reduce fuel consumption and increase efficiency by reducing vehicle weight without compromising safety norms set by regulatory authorities such as EPA (U.S.) and DEMA (Germany).
Regional Analysis:
Asia Pacific emerged as the largest market for transparent ABS resins in 2016 and accounted for over 45% of the global revenue that year. The region is expected to continue its dominance over the forecast period, with China being a key contributor to regional growth. Increasing automobile production in China, along with growing consumer disposable income levels, will have a positive impact on industry expansion.
The European market was valued at USD X million in 2016 and is expected to witness steady growth from 2017 to 2030 owing to stringent regulations regarding VOC emissions coupled with rising demand for environment-friendly products from countries such as Germany and France. In addition, increasing R&D activities by major companies operating within the region are projected favorably impact industry dynamics during the forecast period.
Growth Factors:
- Increasing demand from the automotive industry: The global transparent ABS resin market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the automotive industry. Transparent ABS resin is used in various applications such as interior and exterior trim parts, under-the-hood components, and lighting systems in vehicles.
- Rising demand for lightweight materials: Transparent ABS resin is a lightweight material that offers excellent mechanical properties such as high impact strength and stiffness-to-weight ratio. This makes it an ideal material for manufacturing lightweight components in automobiles and other transportation equipment.
- Growing popularity of 3D printing: The growing popularity of 3D printing has led to an increase in the use of transparent ABS resin for printing prototypes, models, and end products with intricate designs and shapes. This is expected to boost the growth of the global transparent ABS resin market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Transparent ABS Resin Market Research Report
By Type
Emulsion Graft Copolymerization, Bulk Copolymerization
By Application
Home Appliance, Automotive, Consumer Goods, Others
By Companies
Chi Mei, LG Chem, Formosa Plastics, CNPC, INEOS, SABIC, Lotte Advanced Materials, Toray, Techno-UMG, KKPC, Dagu Chem, Sinopec, Haili Chem, Huajin Chem, Trinseo, Keyuan Group
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Transparent ABS Resin Market Report Segments:
The global Transparent ABS Resin market is segmented on the basis of:
Types
Emulsion Graft Copolymerization, Bulk Copolymerization
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
Home Appliance, Automotive, Consumer Goods, 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
- LG Chem
- Formosa Plastics
- CNPC
- INEOS
- SABIC
- Lotte Advanced Materials
- Toray
- Techno-UMG
- KKPC
- Dagu Chem
- Sinopec
- Haili Chem
- Huajin Chem
- Trinseo
- Keyuan Group
Highlights of The Transparent 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:
- Emulsion Graft Copolymerization
- Bulk Copolymerization
- By Application:
- Home Appliance
- Automotive
- Consumer Goods
- 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 Transparent 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?
Transparent ABS resin is a type of thermoplastic that can be used to create products such as 3D-printed parts, figurines, and other objects. It is made from a mixture of polymers and additives that allow light to pass through it easily. This makes the material suitable for use in 3D printing applications, where transparency is important.
Some of the key players operating in the transparent abs resin market are Chi Mei, LG Chem, Formosa Plastics, CNPC, INEOS, SABIC, Lotte Advanced Materials, Toray, Techno-UMG, KKPC, Dagu Chem, Sinopec, Haili Chem, Huajin Chem, Trinseo, Keyuan Group.
The transparent 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 Transparent 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 Transparent ABS Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transparent 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 Transparent 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 Transparent ABS Resin Market Size & Forecast, 2020-2028
4.5.1 Transparent ABS Resin Market Size and Y-o-Y Growth
4.5.2 Transparent ABS Resin 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 Emulsion Graft Copolymerization
5.2.2 Bulk Copolymerization
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 Home Appliance
6.2.2 Automotive
6.2.3 Consumer Goods
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transparent 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 Transparent 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 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 Emulsion Graft Copolymerization
9.6.2 Bulk Copolymerization
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 Home Appliance
9.10.2 Automotive
9.10.3 Consumer Goods
9.10.4 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 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 Emulsion Graft Copolymerization
10.6.2 Bulk Copolymerization
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 Home Appliance
10.10.2 Automotive
10.10.3 Consumer Goods
10.10.4 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 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 Emulsion Graft Copolymerization
11.6.2 Bulk Copolymerization
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 Home Appliance
11.10.2 Automotive
11.10.3 Consumer Goods
11.10.4 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 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 Emulsion Graft Copolymerization
12.6.2 Bulk Copolymerization
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 Home Appliance
12.10.2 Automotive
12.10.3 Consumer Goods
12.10.4 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) 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 Emulsion Graft Copolymerization
13.6.2 Bulk Copolymerization
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 Home Appliance
13.10.2 Automotive
13.10.3 Consumer Goods
13.10.4 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 Transparent ABS Resin Market: Competitive Dashboard
14.2 Global Transparent ABS Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chi Mei
14.3.2 LG Chem
14.3.3 Formosa Plastics
14.3.4 CNPC
14.3.5 INEOS
14.3.6 SABIC
14.3.7 Lotte Advanced Materials
14.3.8 Toray
14.3.9 Techno-UMG
14.3.10 KKPC
14.3.11 Dagu Chem
14.3.12 Sinopec
14.3.13 Haili Chem
14.3.14 Huajin Chem
14.3.15 Trinseo
14.3.16 Keyuan Group
