Acrylonitrile Butadiene Styrene Market Segmentation:
Application Segment Analysis
The global acrylonitrile butadiene styrene market is segmented and analyzed for demand and supply by application into appliances, electrical & electronics, automotive, building & construction, consumer goods, sports equipment, musical instruments, and others. Out of these segments, the appliances segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the rising demand for appliances such as safety helmets, sports equipment, vacuum cleaners, telephones, CCTV cameras, and cameras. Moreover, acrylonitrile butadiene styrene are used for the manufacturing of complex objects, and it is expected to increase the segment’s growth in the market. For instance, the global imported sales value of headgear in 2021 was topped at around USD 4,612,295.
Product Type Segment Analysis
The global acrylonitrile butadiene styrene market is also segmented and analyzed for demand and supply by product type into transparent, opaque, and colored. Amongst these three segments, the opaque segment is expected to garner a significant share. Since opaque ABS offers a wide range of physical characteristics, including excellent chemical resistance, high durability, toughness, gloss, and rigidity, it finds application in a variety of automotive-related applications. Additionally, owing to its qualities, it is highly used in a variety of applications, such as aircraft, automobiles, luggage, and computer parts manufacturing. Thus, the opaque segment is estimated to dominate the market owing to its highly advanced characteristics along with its surging use in various applications.
Our in-depth analysis of the global market includes the following segments:
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By Application |
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