Market World Acrylonitrile Butadiene Styrene Market | Page 2
Applications of the acrylonitrile butadiene styrene (ABS) involves production of the interior automobile parts
similar to trims, main console, inside grating, liners on the headlights, and side view mirrors. Increasing sales of
automotive vehicles is expected to have a positive impact the expansion of the acrylonitrile butadiene styrene
market.
The use of the acrylonitrile butadiene styrene (ABS) in construction sector involves manufacturing of vacuum
pumps and pipes, and differential fitting instruments, majorly due to superior mechanical strength and
lightweight. Production for large equipment for the storage of the waste materials with the use of the
acrylonitrile butadiene styrene (ABS) provides better corrosion resistance and more durability in comparison
with the conventional products such as PVC. Such properties associated with the acrylonitrile butadiene styrene
(ABS) are likely to augment market growth during the forecast period.
Though, rising use of the styrene butadiene rubber (SBR) is likely to limit growth of the acrylonitrile butadiene
styrene market in upcoming years. Styrene butadiene rubber (SBR) is largely used in the production of tires and
various automobile parts due to its high abrasion resistance, is significantly hamper growth of the market.
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Acrylonitrile Butadiene Styrene (ABS) is considered as a terpolymer that signifies for a polymer derived from
three distinct monomers. The use of three distinct monomers include acrylonitrile, butadiene, and styrene in
different proportions as per prescribed. Each of monomers consists of the unique property passed onto the
acrylonitrile butadiene styrene such as chemical and thermal stability, high tensile strength, attractive finishing.
The modification in the proportion of each of the material used for the formation of acrylonitrile butadiene
styrene (ABS) drastically changes the physical functionality of ABS.
The key benefit associated with the use of the ABS is that it blends the toughness and stiffness of acrylonitrile
and styrene polymers coupled with the flexibility of the polybutadiene material. Also, acrylonitrile butadiene
styrene is highly resilient against biochemical degradation by alkaline or acidic agents.
The acrylonitrile butadiene styrene market is divided into regional market segment such as North America,
Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to
the rising vehicle manufacturing and presence of prominent industry players in the region. Asia-Pacific region is
predicted to hold major market share in the market with massive growth in forecast period. Countries such as
India and China are leading the Asia-Pacific market with growing demand from rising construction, growing
personal expenditure, and significant spending of government agencies on infrastructure.