Over the past few year, factors such as Rising Demand from Acrylonitrile Butadiene Styrene (ABS) Application
have contributed to the development of the Global Acry-lonitrile market.
Undoubtedly, The increasing demand for acrylonitrile butadiene styrene (ABS) in the automotive and construction industries
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Acry-lonitrile market is expected to make a significant contribution growing at a CAGR of 5.2%.
AMA research has engaged in the competitive assessment of China & Global Acry-lonitrile Vendors for 5 years. The Top 10 Competitive Vendors in the Acry-lonitrile in 2022 clearly displays the competitive situations of main Acry-lonitrile Vendorsin 2022. The research shows that companies in top 10 list are divided up by dominating countries, namely, European occupying half of the list showcasing strong market competitive advantage.
The End User, such as Automotive, is boosting the Acry-lonitrile market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
With the multiple advantages of technology, cost and service, many major Vendors such as Asahi Kasei Corporation (Japan), Solvay (United States), Koninklijke DSM NV (Netherlands), Ascend Performance Materials (United States), INEOS (United Kingdom), LUKOIL (Russia), Mitsubishi Chemical Corporation (Japan), Taekwang Industrial Co. Ltd (South Korea), Formosa Plastics Corporation (Taiwan) and Sumitomo Chemical Co., Ltd (Japan) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Acry-lonitrile industry. It is understood that currently domestic Acry-lonitrile players has been massively used by players in North America.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Vendors wants to expand into other areas of the market value chain fundamentally determines its strategy.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Acry-lonitrile market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Acry-lonitrile market size is calculated using market estimation process, the Acry-lonitrile market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Acry-lonitrile market size has been validated using both top-down and bottom-up approaches.