Recycled Acrylonitrile Butadiene Styrene Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, By Form (Granule, Others and Pellets), By Color (Black, Blue, Green, Grey, and Others), By Application (Appliances, Automotive, Consumer Goods, Medical Equipment, Construction, and Others), By Company and By Region

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

The global recycled acrylonitrile butadiene styrene market is anticipated to grow at impressive rate through 2027. Acrylonitrile Butadiene Styrene is an engineering opaque thermoplastic also known as ABS. According to Statista, in 2022, it is expected that the global production of ABS worldwide will reach 13.49 million metric tons in 2024. Referring to the data, it can be interpreted that the ABS's output will increase in the upcoming year. These products get useless or replaced after some and sent to scrap for recycled or landfills. ABS is a thermoplastic material which can be recycled twice or more without losing its characteristics. Thus, the statement mentioned above or data states that the demand for acrylonitrile butadiene styrene is expected to increase for recycling in the forecasted year.

Government and social agencies' ongoing initiatives worldwide to reduce the carbon footprint and encourage recycled products to influence market growth. Additionally, increased demand for pipes, electronic and automotive parts, panels, and appliances increased demand of ABS. Thus, the global recycled acrylonitrile butadiene styrene market is expected to rise in market share in the projected year.

Growing Population Demand and Technological Development are Driving the Market Growth.

As the population rises, the demand for home appliances and products is increasing within the market to fulfil their order. ABS is more durable and more substantial compared to PVC due to its bonding properties. That is why ABS are more demanded in the different market sector for making their product. Industries most prefer ABS polymer for manufacturing electronics, housings, auto parts, consumer products, pipe fittings, Lego toys and other things. As the recycled ABS granules have the same characteristics at a lower price. Thus, it is expected that demand for recycled acrylonitrile butadiene styrene products will rise in the projected period. 

The change in lifestyle and increase in disposable income of the people directly impact the rise of the automobile sector. Recently the demand for lightweight vehicles has risen to make the automobile more affordable and lighter in weight. According to a Statista report, there is the need for the global automobile sector is expected to grow five per cent from the previous year in 2021. Thus, the growing automobile sector will indirectly influence the growth of recycled acrylonitrile butadiene styrene. Various parts of automobiles, such as exterior panels, dashboards, bumpers, and others, are made from recycled acrylonitrile butadiene styrene to reduce the cost of the product and achieve the desired goal.

Governments are making and implementing various policies such as Plastic Waste Management Amendment Rules (manufacturers need to recycle 50% of their production), National recycling strategy, Plastics Industry Recycling Action Plan" (PIRAP), and other policies that are boosting the market share. Thus, its versatile use for different purposes, technological advancement, favorable government policies, cost-efficient, and the marketer's effort will impact the market's growth. The global medical polymer market is expected to increase in the forecasted year.

Contaminant Product is Hindering the Market Growth.

Recycled polymers are made from plastics previously used for different purposes and thrown into scrap. Thus, there is a chance of contamination of molecules into the recycled polymer, which was stored previously. If the recycled polymer may contain toxic molecules used in casting products used for storing foods can affect the human. Apart from these, acceptance of recycled raw material and limitations to making new products can obstruct the growth of the recycled raw material of ABS.

Increasing Efforts for Technological Development Pushing the Growth

Ongoing research and development operation worldwide is driving it to sustainable development to ensure optimal and responsible use of the resources. Expanding technological advancements make the manufacturer concerned about competitive advantage and market growth. There is an increase in the receiving funding for better development and enhancement of product from the government, and the different source is strengthening the market growth. Additionally, the collaboration and merger of the firms to capture the new segment are influencing the growth.


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Market Segmentation

The Global Recycled Acrylonitrile Butadiene Styrene Market is segmented based on form, color, and application. Based on form, market is divided into granule, others, and pellets. Based on color, market is divided into black, blue, green, grey, and others. Based on application, market is divided into Appliances, Automotive, Consumer Goods, Medical Equipment, Construction, and Others.

Market Players

The MBA Polymers United Kingdom Limited (EMR Group), INEOS Styrolution Group GmbH, Eagle Plastics Ltd., Axion Polymers, Dongguan Guoheng Plastic Technology Co., Ltd, LG Chem Ltd, Toray Industries, Inc., Ravago Group, CT Polymers, Trinseo Public Limited Company are the key players operating in the Global Recycled Acrylonitrile Butadiene Styrene Market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Form

·         Color

·         Application

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia;

Key companies profiled

MBA Polymers United Kingdom Limited (EMR Group), INEOS Styrolution Group GmbH, Eagle Plastics Ltd., Axion Polymers, Dongguan Guoheng Plastic Technology Co., Ltd, LG Chem Ltd, Toray Industries, Inc., Ravago Group, CT Polymers, Trinseo Public Limited Company

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Recycled Acrylonitrile Butadiene Styrene Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Recycled Acrylonitrile Butadiene Styrene Market, By form:
    • Granule
    • Pellets
    • Others
  • Recycled Acrylonitrile Butadiene Styrene Market, By color:
    • Black
    • Blue
    • Green
    • Grey
    • Others
  • Recycled Acrylonitrile Butadiene Styrene Market, By application:
    • Appliances
    • Automotive
    • Consumer Goods
    • Medical Equipment
    • Construction
    • Others  
  • Recycled Acrylonitrile Butadiene Styrene Market, By region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Recycled Acrylonitrile Butadiene Styrene Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Recycled Acrylonitrile Butadiene Styrene Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Recycled Acrylonitrile Butadiene Styrene Market

5.    Voice of Customer

6.    Global Recycled Acrylonitrile Butadiene Styrene Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Form (Granule, Pellets)

6.2.2.    By Color (Black, Blue, Green, Grey, Others)

6.2.3.    By Application (Appliances, Automotive, Consumer Goods, Medical Equipment, Construction, Others)

6.2.4.    By Region

6.2.5.    By Company (2021)

6.3.  Product Market Map

7.    North America Recycled Acrylonitrile Butadiene Styrene Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Form

7.2.2.    By Color

7.2.3.    By Application

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Recycled Acrylonitrile Butadiene Styrene Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Form

7.3.1.2.2.           By Color

7.3.1.2.3.           By Application

7.3.2.    Mexico Recycled Acrylonitrile Butadiene Styrene Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Form

7.3.2.2.2.           By Color

7.3.2.2.3.           By Application

7.3.3.    Canada Recycled Acrylonitrile Butadiene Styrene Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Form

7.3.3.2.2.           By Color

7.3.3.2.3.           By Application

8.    Europe Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Form

8.2.2.    By Color

8.2.3.    By Application

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    France Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Form

8.3.1.2.2.           By Color

8.3.1.2.3.           By Application

8.3.2.    Germany Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Form

8.3.2.2.2.           By Color

8.3.2.2.3.           By Application

8.3.3.    United Kingdom Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Form

8.3.3.2.2.           By Color

8.3.3.2.3.           By Application

8.3.4.    Italy Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value & Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Form

8.3.4.2.2.           By Color

8.3.4.2.3.           By Application

8.3.5.    Spain Recycled Acrylonitrile Butadiene Styrene Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value & Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Form

8.3.5.2.2.           By Color

8.3.5.2.3.           By Application

9.    Asia-Pacific Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Form

9.2.2.    By Color

9.2.3.    By Application

9.2.4.    By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.    China Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Form

9.3.1.2.2.           By Color

9.3.1.2.3.           By Application

9.3.2.    India Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Form

9.3.2.2.2.           By Color

9.3.2.2.3.           By Application

9.3.3.    South Korea Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Form

9.3.3.2.2.           By Color

9.3.3.2.3.           By Application

9.3.4.    Japan Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value & Volume

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Form

9.3.4.2.2.           By Color

9.3.4.2.3.           By Application

9.3.5.    Australia Recycled Acrylonitrile Butadiene Styrene Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value & Volume

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Form

9.3.5.2.2.           By Color

9.3.5.2.3.           By Application

10. South America Recycled Acrylonitrile Butadiene Styrene Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Form

10.2.2. By Color

10.2.3. By Application

10.2.4. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Recycled Acrylonitrile Butadiene Styrene Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Form

10.3.1.2.2.         By Color

10.3.1.2.3.         By Application

10.3.2. Argentina Recycled Acrylonitrile Butadiene Styrene Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Form

10.3.2.2.2.         By Color

10.3.2.2.3.         By Application

10.3.3. Colombia Recycled Acrylonitrile Butadiene Styrene Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Form

10.3.3.2.2.         By Color

10.3.3.2.3.         By Application

11. Middle East and Africa Recycled Acrylonitrile Butadiene Styrene Market Outlook

11.1.             Market Size & Forecast        

11.1.1. By Value & Volume

11.2.             Market Share & Forecast

11.2.1. By Form

11.2.2. By Color

11.2.3. By Application

11.2.4. By Country

11.3.             MEA: Country Analysis

11.3.1. South Africa Recycled Acrylonitrile Butadiene Styrene Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value & Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Form

11.3.1.2.2.         By Color

11.3.1.2.3.         By Application

11.3.2. Saudi Arabia Recycled Acrylonitrile Butadiene Styrene Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value & Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Form

11.3.2.2.2.         By Color

11.3.2.2.3.         By Application

11.3.3. UAE Recycled Acrylonitrile Butadiene Styrene Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value & Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Form

11.3.3.2.2.         By Color

11.3.3.2.3.         By Application

12. Market Dynamics

12.1.             Drivers

12.2.             Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1.             MBA Polymers United Kingdom Limited (EMR Group)

14.2.             INEOS Styrolution Group GmbH

14.3.             Eagle Plastics Ltd.

14.4.             Axion Polymers

14.5.             Dongguan Guoheng Plastic Technology Co., Ltd.

14.6.             LG Chem Ltd

14.7.             Toray Industries, Inc.

14.8.             Ravago Group

14.9.             CT Polymers

14.10.          Trinseo Public Limited Company

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing implementation of medical polymers and increasing investment in technological advancement are expected to drive the demand for the Recycled Acrylonitrile Butadiene Styrene Market in the forecast period.

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MBA Polymers United Kingdom Limited (EMR Group), INEOS Styrolution Group GmbH, Eagle Plastics Ltd., Axion Polymers, Dongguan Guoheng Plastic Technology Co., Ltd, LG Chem Ltd, Toray Industries, Inc., Ravago Group, CT Polymers, Trinseo Public Limited Company are the key players operating in the global recycled acrylonitrile butadiene styrene market.

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Based on application, the market is divided into medical appliances, automotive, consumer goods, medical equipment, construction, and others. Automotive segments are expected to capture the highest market share in the forecast period.

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The Asia-pacific region is dominating the market and is expected to maintain its dominance over the next five years.

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Sakshi Bajaal

Business Consultant
Press Release

Recycled Acrylonitrile Butadiene Styrene Market to be Dominated by Automobile Segment Through 2027

Sep, 2022

Growing demand for electronic devices & automotive parts and technological advancement is expected to drive the demand for the recycled acrylonitrile butadiene styrene market in the forecast period,

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