Product Overview

Acrylonitrile butadiene styrene (ABS) alloy refers to alloy created by mixing acrylonitrile butadiene styrene with other metals in an appropriate amount. ABS consist of three parts: acrylonitrile, butadiene, and styrene. Acrylonitrile is a monomer that is formed by ammonia and propylene. Butadiene is a byproduct of ethylene produced from steam crackers. Styrene is made by dehydrogenation of ethylbenzene which offers processability and rigidity to ABS alloy. Polyethylene terephthalate ABS alloys and Polycarbonate ABS Alloys are the principal ABS Alloys. ABS is a resin that has mechanical and molding properties. ABS is a long-lasting and strong resin that provides greater impact properties and higher heat distortion. ABS alloys are used in the manufacturing of household appliances, aerospace, construction, computers, office equipment and optical fibers because of their thermal stability.

Market Highlights

Global ABS Alloy Market is expected to project a notable CAGR of 13.02% in 2030.

Global ABS Alloy market to surpass USD 32.1 billion by 2030 from USD 9.41 billion in 2020 at a CAGR of 13.02% throughout the forecast period, i.e., 2021-30. Global ABS Alloy market is estimated to grow due to its growing demand in automotive and electronics industry. ABS Alloy possesses exclusive qualities including corrosion resistance, thermal resistance, high tensile strength, and low water absorption which is anticipated to grow the ABS alloy market in near future.

Global ABS Alloy Market: Segments

Polycarbonate ABS Alloy segment to grow with the highest CAGR during 2021-30

Global ABS Alloy market is segmented by product type into polycarbonate abs alloys (PC ABS Alloys), polyethylene terephthalate ABS Alloys (PET ABS alloys), and others. THE Polycarbonate ABS alloy segment held the largest market share of XX.X% in the year 2020. Polycarbonate ABS Alloys are used in the construction and automobile industry due to which its demand is rising. It is used in automotive interior and exterior components, electrical housing, medical hardware as it provides good impact resistance and better process ability and appearance. Besides, it is ecofriendly which has expanded the market growth in recent years.

Electrical & Electronics Segment to grow with the highest CAGR during 2021-30

Global ABS Alloy market is distributed by end-users into automotive, electrical & electronics, architectural and others. The Electrical & electronics segment held the largest market share of XX.X% in the year 2020 on account of the rising demand for ABS alloys in this sector. ABS offer excellent all-round performance for electronic appliances or equipment like computer, keyboards

Market Dynamics

Drivers

Growing Demand from Automotive Industry

Wide application of ABS alloy in the automotive industry is anticipated to boost the global ABS alloy market over the forecast period. ABS alloy is used in the interior, exterior and lighting systems of automobiles owing to its heat resistance and high strength properties. Exceptional dielectric and thermal stability are shown by ABS alloy make it better to utilize in applications such as knee bolster, love box, lower instrument panels, and the middle console. Moreover, mounting consumption of polycarbonate ABS alloys (PC ABS alloys) in the automotive industry is projected to drive the global ABS alloy market in coming years.

Increasing Application in Household Appliances

Household and consumer goods are the major utilizers of ABS. ABS is used in appliances such as shavers, food processors, refrigerators, and vacuum cleaners. The keycaps of the keyboard are made from ABS. Because of its better thermal stability, it is widely employed in household appliances.

Restraint

Compatibility Issues

ABS alloy suffers compatibility problems which is likely to limit the demand for ABS alloys over the forecasting period. Furthermore, in the presence of greases, it can suffer from stress cracking.

Global ABS Alloy Market: Key Players

Lotte

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Chimei

Cheil Industries,

Polymer Technology & Services,

Techno polymer,

Bayer,

BASF,

Kumho Petrochemical,

LG Chem,

Sumitomo, and

Enricher

Other Prominent Players

Global ABS Alloy Market: Regions

Global ABS Alloy market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Global ABS Alloy market in North America held the largest market share of XX.X% in the year 2019. North America will continue to dominate the global ABS alloy market due to rise in demand for such alloys in the automotive sectors, electrical & electronics, and architecture. Additionally, a rise in population and technical innovations in this region is anticipated to boost the demand for ABS alloys. The ABS alloys market in Europe is projected to be driven by the rising in demand for these alloys in automotive applications during the forecast period. The ABS alloys market in China, India, Japan, and South Korea in Asia Pacific is estimated to increase at a significant pace during the forecast period.

Global ABS Alloy market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and the Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global ABS Alloy market report also contains analysis on:

ABS Alloy Market Segments:

By Product Type

Polycarbonate ABS Alloys (PC ABS Alloys),

Polyethylene Terephthalate ABS Alloys (PET ABS alloys)

Others

By End-User

Automotive,

Electrical & Electronics,

Architectural

Others

Global ABS Alloy market Dynamics

Global ABS Alloy market size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global ABS Alloy Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global ABS Alloy Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global ABS Alloy Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Billion Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global ABS Alloy Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Product Type: Market Share (2019-2030F)

12.2.1. Polycarbonate ABS Alloys, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Polyethylene Terephthalate ABS Alloys, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By End Users: Market Share (2019-2030F)

12.3.1. Automotive, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Electrical & Electronics, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Architectural, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. Lotte

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Chimei

13.3. Cheil Industries

13.4. Polymer Technology & Services,

13.5. Techno polymer

13.6. Bayer

13.7. BASF

13.8. Kumho Petrochemical

13.9. LG Chem

13.10. Sumitomo

13.11. Enricher

13.12. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)