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Abi will answer all ABS related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on ABS to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
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Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all ABS related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on ABS to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
2-3 Percent
0.94 MMT
1.04 MMT
9.58 MMT
Category Intelligence on ABS covers the following:
The automobile and appliances markets are expected to drive the demand for ABS in NA and Europe, while in Asia, the electronics segment would be the key driver, followed by the appliances and automobile segments.
Usage of lightweight automobiles is surging across the world owing to the rising need to control carbon footprint for better energy efficiency. ABS is extensively used to manufacture various vehicle components such as interiors, seating, bumpers, and center consoles, given its high strength, chemical resistance, and lightweight aspects.
The use of polymers in the automobile industry is increasing. Automobile companies are finding it easier to design cars thanks to the use of plastics like ABS. Also, regulatory demands to reduce automobile weight to bring down emissions is another positive factor that would help in the growth of the ABS industry. It is also an economic solution that meets their needs. The automobile sector is itself likely to witness increased growth, particularly in China, Taiwan, US, Indonesia, and Germany. This growth will have a positive impact on the demand for ABS resins.
Market Outlook
Engagement Outlook
Emerging Asian regions could be considered as favorable destinations of sourcing owing to upcoming capacity additions and a strong supply base. However, the US-China trade conflicts hit the demand for China-made electronics during 2018-2019.
On a global scale, automotive, appliance, and electronic are the major demand drivers.
Demand is expected to grow at 2.8% until 2023, primarily supported by automobile, printed wire board, and smart consumer appliances.
The COVID-19 pandemic has pushed the demand for ABS in medical and consumer goods industries in applications such as the manufacturing of medical devices and musical instruments, and household appliances.
Low melting point of ABS makes it ideal for 3D printing and injection molding. Emerging use cases of ABS in 3D printing in tandem with increasing demand for desktop 3D printers will contribute to the overall bottom line of manufacturers or ABS suppliers.
Furthermore, ABS is a great alternative to PVC in construction applications such as flooring, tubes, and pipes.
As Q4 2019 settled, stable and sufficient supply levels, softer demand sentiments, and lower feedstock prices supported a decline in ABS prices. However, buying momentum is likely to remain cautious and volatile.
The presence of ample supplies, both domestically and from imports, high inventories, and poor demand drive, along with lower feedstock styrene prices, may support a decrease in ABS financing prices. Concerns of supply issues from ACN may curb a strong decrease.
Increasing trade tensions between the US and China and the possibility of a trade demand between the two nations could continue the cautiousness in buying asset-backed securities volume.
Innovations in the global ABS market are fueled majorly by light-weighting, cost reduction, performance, and sustainability needs.
Natural fiber-reinforced ABS
Sustainability through Natural Fiber Reinforced ABS
Laser-weldable high-heat ABS
Challenges: Substitution in 3D printing from PLA resins, increasing the demand for silicone elastomers as insulation materials.
Opportunities: Shift in manufacturing base to demand center (Asia)
Find information about the ABS market outlook, ABS market data, demand analysis, ABS trend, trade dynamics, import, export, etc. of regional and global markets. Porter’s five forces analysis of North America, Europe, and Asia. Industry drivers and constraints, major events and innovations, ABS market news, ABS market share. Asset-backed securities market cost structure, price forecast. Supplier analysis with SWOT analysis of major players like LG Chem, CNPC, Formosa Chemicals, etc. Best abs finance industry practices and contract structures.
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