Acrylonitrile-Butadiene-Styrene (ABS) Industry Capacity and Capital Expenditure Forecasts with Details of Active and Planned Plants to 2027
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Acrylonitrile Butadiene Styrene Industry Overview
Global Acrylonitrile-Butadiene-Styrene (ABS) capacity was valued at 14.22 million tonnes per annum (mtpa) in 2022 and is poised to witness an AAGR of more than 6% from 2022 to 2027. In 2022, China, South Korea, Taiwan, The US, and Japan are the key countries in the world accounting for over 81% of the total ABS capacity.
ABS Capacity and CapEx Outlook, 2022-2027 (mtpa)
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The ABS capacity and capital expenditure outlook provides updated information on all active, planned, and announced ABS projects globally with access to CAPEX spending data for capacity addition. The report will help you in decision-making based on strong historical and forecast of ABS capacity data.
Market Capacity 2022 | 14.22 Mtpa |
AAGR (2022-2027) | >6% |
Key Regions | · Asia
· FSU · North America · Europe · Middle East |
Key Countries | · China
· South Korea · Taiwan · US · Japan · Others |
Leading Companies | · Chi Mei Corp
· LG Chem Ltd · INEOS Ltd · Formosa Plastics Group · China National Petroleum Corp · Lotte Chemical Corp |
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ABS Capacity Contribution by Region
Among the key Regions, Asia led with the largest capacity contribution globally in 2022.
The key ABS capacity contributors include Asia, the Former Soviet Union (FSU), North America, Europe, and the Middle East. Among regions, Asia led the global ABS market with the largest capacity contribution globally in 2022. The region is expected to maintain its dominance in the coming years as well.
ABS Market Analysis, By Regions, 2022 (%)
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ABS Capacity Contribution by Countries
Among the key countries, China led with the largest capacity contribution globally in 2022.
The key countries with active global capacity contributions to the ABS market include China, South Korea, Taiwan, the US, Japan, and others. China accounted for more than 44% share in 2022 with the main capacity contribution from the Ningbo LG Yongxing Chemical Company Ningbo ABS Plant.
ABS Market Analysis, By Countries, 2022 (%)
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ABS Market - Competitive Landscape
Chi Mei Corp had the largest capacity in 2022.
The key companies in the global ABS market are:
- Chi Mei Corp
- LG Chem Ltd
- INEOS Ltd
- Formosa Plastics Group
- China National Petroleum Corp
- Lotte Chemical Corp
The major capacity contribution was from Chi Mei Corporation Tainan ABS Plant 5.
ABS Market Analysis, By Companies, 2022 (%)
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ABS Capacity Contribution Regional Outlook (Capacity, mtpa, 2022-2027)
- Asia
- FSU
- North America
- Europe
- Middle East
ABS Capacity Contribution Country Outlook (Capacity, mtpa, 2022-2027)
- China
- South Korea
- Taiwan
- US
- Japan
- Others
Scope
- Global ABS capacity outlook by region
- Global ABS outlook by country
- ABS planned and announced project details
- Capacity share of the major ABS producers globally
- Global ABS capital expenditure outlook by region
- Global ABS capital expenditure outlook by country
Reasons to Buy
- Obtain the most up-to-date information available on all active, planned, and announced ABS plants globally
- Identify opportunities in the global ABS industry with the help of upcoming projects and capital expenditure outlook
- Facilitate decision-making based on strong historical and forecast of ABS capacity data
Shandong Yulong Petrochemical Ltd
Keyuan Holding Group Co Ltd
Formosa Plastics Group
China National Petroleum Corp
Saudi Basic Industries Corp
Table of Contents
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Frequently asked questions
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What was the ABS capacity in 2022?
The ABS capacity was 14.22 mtpa in 2022.
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What is the ABS capacity estimated growth rate?
The ABS capacity is expected to grow at an AAGR of more than 6% during 2022-2027.
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Which region had the highest ABS capacity contribution in 2022?
Among regions, Asia leads with the largest capacity contribution globally over the next eight years.
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Which country had the highest share in the ABS capacity and capital expenditure market in 2022?
Among the key countries, China led with the largest capacity contribution globally in 2022,
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Which are the leading companies in the global ABS market?
The leading companies in the global ABS market are Chi Mei Corp, LG Chem Ltd, INEOS Ltd, Formosa Plastics Group, China National Petroleum Corp, and Lotte Chemical Corp among others.
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