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
Acrylonitrile-Butadiene-Styrene (ABS) capacity was 14.22 million tonnes per annum (mtpa) in 2022 and will register an AAGR of more than 6% during 2022 – 2027. China, South Korea, Taiwan, the US, and Japan are the key countries accounting for majority of the total ABS capacity in the world.
ABS Capacity 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 had the highest capacity contribution in 2022
The key ABS capacity contributors include Asia, the Former Soviet Union (FSU), North America, Europe, and the Middle East. Asia will maintain its dominance in the Acrylonitrile-Butadiene-Styrene industry in the coming years as well. Within Asia, China had the highest capacity contribution in 2022.
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 in 2022
A few of the key countries with active global capacity contributions to the ABS market include China, South Korea, Taiwan, the US, Japan, and others. Ningbo LG Yongxing Chemical Company Ningbo ABS Plant made the highest capacity contribution to the Chinese Acrylonitrile-Butadiene-Styrene industry in 2022. A few of the other active ABS plants in China include Formosa ABS Plastics Ningbo ABS Plant and Guangxi Changke New Material Company Fangchenggan ABS Plant.
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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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Segments Covered in the Report
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
Table
Figures
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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