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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Acrylonitrile Butadiene Styrene (ABS) Market Price, Trends, Industry Outlook & Forecast 2016-2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Acrylonitrile Butadiene Styrene (ABS) Market is set to climb its revenue collection graph to over USD 38 billion by 2024 from USD 22.3 billion for 2015. A new report by Global Market Insights, Inc., estimates the global acrylonitrile butadiene styrene market to register a CAGR of 6% over the period of 2016-2024. Acrylonitrile Butadiene Styrene (ABS) Market Mounting need for light-weight automobiles to improve the fuel efficiency of the vehicle is primarily driving the ABS industry trends. The use of ABS has widened the scope of automobile materials to be light weight as well as strong. The ability of ABS to retain its structure in high to low temperature range and better electrical insulation has favored the product penetration in the market. Rise in electronic and electrical application of ABS including computers, televisions, printing machines etc. have significantly driven the ABS industry share. Overview:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The differentiating factor of Acrylonitrile Butadiene Styrene (ABS) Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Reasons to Buy This Report: 1. Acrylonitrile Butadiene Styrene (ABS) Market size & share forecast by product & application, 2016-2024 2. Growth drivers, pitfalls & industry challenges 3. Key Acrylonitrile Butadiene Styrene (ABS) Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles High-durability, technological advancements in resins, and temperature resistance are the chief factors fueling the product penetration in the consumer goods and automotive market. In addition, the design flexibility, light weight, chemical & corrosion resistance, toughness, and high strength of acrylonitrile butadiene styrene, have significantly upscaled the demand in appliances segment. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Key ABS market players include: LG Chemical, Formosa Plastic Company, Kumho Petrochemical Company, Chei Mei Corporation and Styrolution. The coming years will witness several merges & acquisitions and strategic partnerships among the market participants to sustain their position. Competitive Trends: Inquire for Buying this report@ https://www.fractovia.org/request-purchase/323
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Acrylonitrile Butadiene Styrene (ABS) Market@ https://www.fractovia.org/news/industry-research-report/acrylonitrile-butadiene-styrene- ABS-market Request sample of this report@ https://www.fractovia.org/request-sample/323
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific ABS market, with China being the largest industry worth USD 9 billion in 2015, and will continue to lead the regional landscape over the coming timeframe. Increasing construction spending and advanced new projects in china will offer a positive push to the regional growth. North America ABS industry worth USD 700 million in 2015 is primarily driven by electrical & electronics industry growth. Rising demand for electric goods/ electronics and appliances will thrive the U.S. market in the coming seven years. Latin America acrylonitrile butadiene styrene market is also poised to witness significant growth in the coming years. This growth is subject to healthy growth of automotive industry in countries such as Argentina, Brazil, and Mexico. Regional Trends: Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/323
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: https://www.fractovia.org/https://www.fractovia.org/ Social Media:
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