ABS Market Intelligence

ABS Market Description

The global demand for ABS is expected to grow at a CAGR of 2.4 percent until 2022. The growth in automobile, appliance, and electronics sectors is expected to drive the ABS market to approximately $23 billion by 2021. The automobile market is growing approximately at a rate of 5 to 6 percent, and printed wire boards in the electronics sector and smart consumer appliances are growing at an approximate rate of 7 percent. The innovative fields of the auto electronics market which is growing at a rate of 12 to 14 percent could be established as a potential platform for ABS applications.

China is expected to remain as the key driver for the ABS market in terms of both production and consumption. The automobile and appliance markets are expected to drive the demand in North America and Europe, while the electronics segment would be the key driver in Asia, followed by appliance and automobile segment. The report also provides a global market overview in regions such as North America, Europe, and Asia, along with the global trade dynamics prevalent in the industry.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Global Capacity–Demand Analysis
Global Trade Dynamics
Regional Market Snapshot-North America, Europe, Asia
Cost Structure Analysis

ABS Market Trend, Analysis & Forecast

Category Intelligence on ABS covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

icon
Executive Summary

icon
Market Analysis

icon
Supply Analysis

icon
Cost & Pricing Analysis

icon
Best Practices

1. ABS Executive Summary

1.1 Global Market Outlook
1.2 Supply Market Outlook
1.3 Demand Market Outlook
1.4 Industry Best Practice

2. ABS Market Analysis

2.1 Global Market Size: ABS
2.2 Global Capacity–Demand Analysis
2.3 Global Demand by Application
2.4 Global Market Outlook
2.5 Global Trade Dynamics
– Global Imports
– Global Exports
2.6 Regional Market Outlook (US, Europe, and Asia)
– Supply–Demand Trends and Outlook
– Trade Dynamics

3. ABS Industry Analysis

3.1 Industry Outlook (US, Europe, and APAC)
– Porter’s Five Forces Analysis
– Industry Drivers and Constraints
– Industry Updates –Innovations

4. ABS Cost and Pricing Analysis

4.1 Cost and Price Analysis (US, Europe, and APAC)
– Cost Structure Analysis
– Price Forecast: ABS

5. ABS Supplier Analysis

5.1 Global Capacity Share by Suppliers
5.2 Global Capacity Addition by Suppliers
5.3 Regional Capacity Share
5.4 Exhaustive Supplier List
5.5 Key Global Supplier Profiles
– SWOT Analysis for Global Suppliers
– Financial Risk for Top Five Global Suppliers (if publicly listed)

6. ABS Industry Best Practices

6.1 Contract Structures
6.2 Engagement Models

Global Market Outlook on ABS

The global market is expected to grow at 2.4 percent CAGR through 2017–2022
The automobile market growing at approx. 5-6 percent, printed wire boards in the electronics sector and smart consumer appliances growing at approx. 7 percent are the major growth drivers
The innovative fields of the auto electronic market growing at approx. 12–14 percent could be the potential platform for ABS applications
China is expected to remain as the key driver for the ABS market, in terms of both consumption and production

abs-market-size

Demand Market Outlook

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 appliances and automobiles segment

Industry Best Practice

Fixed margin-based pricing is generally preferred by buyers who procure lesser volume. The manufacturer tries to maintain his desired profit margin, within a range of 15–20 percent. When the prices of the raw materials change, the manufacturer looks at the overall input cost incurred in manufacturing the ABS resin, and applies his margin, subject to the market condition.
Index-based pricing: Some of the suppliers, peg the price of their ABS resin to the raw material styrene prices, as it accounts for 50 percent for the cost contribution. Any change in the styrene prices is subsequently incorporated in the ABS resin prices during the review period

Global Market Size: ABS

The growth in automobiles, appliances, and electronics sector is expected to drive the ABS market to approx. $23 billion by 2021
The growing disposable income of the middle-class population in Asia is expected to drive the ABS consumption in the appliances, electronics, and automobile industries
The global ABS market is expected to grow at a CAGR of 9 percent from 2017 to 2021, with Asia as the center of demand growth
The trend of light-weight vehicles expected uptrend in demand in China, growing in light of the new regulations, in order to ban the import of scrap plastics, such as ABS and SAN, growth of consumer electronics are some of the potential platform for ABS growth, as 2018 progresses
China is expected to remain as the key driver for the ABS market, in terms of consumption and production

Global Capacity–Demand Analysis

Asia, being the largest demand center, is expected to drive the ABS market from appliance and electronic downstream sectors
The innovative fields of the auto electronic market growing at approx. 12–14 percent could be the potential platform for ABS application

Market Outlook

ABS capacity in North America remained at 0.94 MMT as of 2016, occupying around 8 percent of the global capacity share
Demand is expected to grow at 1.6 percent until 2022, supported by the expected growth in automobile and appliance markets
Automobile sector: 5 percent growth, driven by replacement of the painted heavy parts by light-weight ABS resins in dashboards, wheel casings, etc.
Home appliance market growth: Domestic, kitchen, and home comfort appliances at 7 percent and smart consumer appliances at approx. 6 percent
Electronic component market from wiring boards, enclosures, etc., is expected to grow by approx. 6 percent
Capacity additions are expected to come up more in Asia (from Trinseo and CNOOC & LG Petrochemical), while North America and the EU are likely to portray fewer additions

Engagement Outlook

Emerging Asian regions could be considered as favorable destinations of sourcing, due to the upcoming capacity additions, strong supply base, and ease of export duties

Buy Report ( ~~$499~~ $399)

Talk to sales

Download Sample