Acrylonitrile-butadiene-styrene
(ABS) is a copolymer plastic containing styrene, butadiene and acrylonitrile.
ABS demand in India stood at 238 KTPA in 2018 and is projected
to grow at a CAGR of 9.21% during 2019-2030 to reach 677 KTPA by 2030. Increasing
use of ABS in
electrical & electronics sector due to its excellent insulation properties is
expected to propel the demand for ABS in the country. Moreover, heavy use of
ABS in plastic parts for automobile production, owing to properties such as lightweight,
which also gives fuel efficiency, resistance to heat and water and toughness would
further propel its demand in India. Additionally, extensive use of ABS in the production
of inhalers and other medical equipment is likely to positively push India ABS
market during the forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast ABS capacity, production, demand, inventory, and demand
– supply gap in India.
- To categorize ABS demand based on end use, region and sales channel.
- To study
trade dynamics and company share in India ABS market.
- To
identify major customers in India ABS market.
- To
evaluate and forecast ABS pricing by type in India ABS market.
- To
identify and profile major companies operating in India
ABS market.
- To identify trending news, deals and expansion
plans in India ABS market.
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Some of the major players operating in India ABS market
are Stahl India Private Limited, Sicagen India Limited, Lanxess India Private
Limited, Haryana ABS Limited, TFL Quinn India Private Limited, BASF India
Limited and Balmer Lawrie & Co. Limited, etc.
To extract data for India ABS market,
primary research surveys were conducted with ABS manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India ABS market
over the coming years.
TechSci Research calculated ABS
demand in India by analyzing the historical data and demand forecast was
carried out considering the end use industries growth. TechSci Research sourced
these values from industry experts and company representatives and externally
validated through analyzing historical
sales data of respective manufacturers to arrive at the overall market size.
Various secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key
Target Audience:
- ABS manufacturers and other stakeholders
- Organizations, forums and alliances related to
ABS distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as ABS manufacturers, distributors
and policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report, India ABS market has been segmented into
following categories:
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at sales@techsciresearch.com