Acrylonitrile Butadiene Styrene (ABS) Market is anticipated to reach US$26.15 bn by 2018 : TMR

The global acrylonitrile butadiene styrene market is consolidated and saw the top four producers accounting for a sizable stake of 65% in the market’s revenues in 2012. These are LG Chemical, Styrolution, Chi Mei Corporation, and Formosa Plastic Corporation. Large multinational companies have a strong regional presence and are looking for expansion thus, undertaking joint ventures and acquisitions to grow further. The acrylonitrile butadiene styrene market faces credible threat from substitutes such as is polypropylene (PP), polycarbonates, polyurethane (PU), and polystyrene (PS). The threat of new entrants is expected to rise from low to medium owing to the consolidated nature of the market.

Acrylonitrile Butadiene Styrene (ABS) Market is anticipated to reach US$26.15 bn by 2018 : TMR

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