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Global High Heat ABS Market Outlook 2022
SKU ID : QYR-19859684 | Publishing Date : 06-Jan-2022 | No. of pages : 116
ABS is a kind of polymer obtained through the copolymerization of three kinds of monomers, namely acrylonitrile, butadiene and styrene. Each of these three monomers has a specific property: the addition of acrylonitrile can improve the anti-corrosion and rigidity properties, butadiene promotes the shock resistance and styrene will contribute the material good fineness. It is among the low cost engineering plastic that is easy to machine and fabricate. ABS is an ideal material for structural applications when impact resistance, strength, and stiffness are required. It is widely used for machining pre-production prototypes such as the auto dashboard since it has excellent dimensional stability and is easy to paint and glue. Natural (beige) ABS and black ABS are FDA compliant for use in food processing applications. Besides, it is widely used in the toys and electron industries including the PC enclosure.
Heat resistant ABS (HH ABS) is a grade of ABS. It has the second highest strength and second lowest ductility compared to the other variants of ABS. This ABS resin offers superior heat resistance, shock resistance, and outstanding workability. It has wide-ranging use in items such as Automotive Usage parts, and electrical devices. In the report, the vicat softening temperature of high heat resistant is 109℃ and the vicat softening temperature of super high heat resistant is 115℃.
Currently, global production of High Heat ABS is relatively concentrated as there are only a few manufacturers engaged in the industry. The product belongs to the family of ABS resin, but owns much higher added-value than common ABS resin. The largest manufacturers LG Chem, Chi Mei, INEOS Styrolution, Formosa Chemicals, SABIC, Toray, etc. and the top six players account about 59% revenue market share.
As for the region, China is the largest consumption country of the High Heat ABS market, holding 37% market share, followed by Japan, Korea, etc.
Among them, the High-end Consumer Electronics application market accounted for the world's largest market share, accounting for 30% of global High Heat ABS sales volume market share.
Market Analysis and Insights: Global High Heat ABS Market
The global High Heat ABS market was valued at US$ 1791.1 million in 2020 and it is expected to reach US$ 2761.3 million by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.
Global High Heat ABS Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global High Heat ABS Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
High Heat Resistant
Super High Heat Resistant
Segment by Application
Automotive
Household Appliances
High-end Consumer Electronics
Industrial
Others
By Company
LG Chem
Chi Mei
INEOS Styrolution
Formosa Chemicals
SABIC
Toray
Techno-UMG (JSR)
Lotte Advanced Materials
Trinseo
ELIX Polymers (Sinochem)
Versalis
KUMHO-SUNNY
SAX Polymers Industries
KKPC
Production by Region
North America
Europe
China
Japan
South Korea
China Taiwan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Heat resistant ABS (HH ABS) is a grade of ABS. It has the second highest strength and second lowest ductility compared to the other variants of ABS. This ABS resin offers superior heat resistance, shock resistance, and outstanding workability. It has wide-ranging use in items such as Automotive Usage parts, and electrical devices. In the report, the vicat softening temperature of high heat resistant is 109℃ and the vicat softening temperature of super high heat resistant is 115℃.
Currently, global production of High Heat ABS is relatively concentrated as there are only a few manufacturers engaged in the industry. The product belongs to the family of ABS resin, but owns much higher added-value than common ABS resin. The largest manufacturers LG Chem, Chi Mei, INEOS Styrolution, Formosa Chemicals, SABIC, Toray, etc. and the top six players account about 59% revenue market share.
As for the region, China is the largest consumption country of the High Heat ABS market, holding 37% market share, followed by Japan, Korea, etc.
Among them, the High-end Consumer Electronics application market accounted for the world's largest market share, accounting for 30% of global High Heat ABS sales volume market share.
Market Analysis and Insights: Global High Heat ABS Market
The global High Heat ABS market was valued at US$ 1791.1 million in 2020 and it is expected to reach US$ 2761.3 million by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.
Global High Heat ABS Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global High Heat ABS Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
High Heat Resistant
Super High Heat Resistant
Segment by Application
Automotive
Household Appliances
High-end Consumer Electronics
Industrial
Others
By Company
LG Chem
Chi Mei
INEOS Styrolution
Formosa Chemicals
SABIC
Toray
Techno-UMG (JSR)
Lotte Advanced Materials
Trinseo
ELIX Polymers (Sinochem)
Versalis
KUMHO-SUNNY
SAX Polymers Industries
KKPC
Production by Region
North America
Europe
China
Japan
South Korea
China Taiwan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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