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Asia Pacific ABS Industry - To Dominate The Global ABS Market Owing To Strong End Use Sectors Growth And Increased Use In Diverse Applications
GlobalData, March 2011, Pages: 4
Asia Pacific ABS Industry - To Dominate The Global ABS Market Owing To Strong End Use Sectors Growth And Increased Use In Diverse Applications
Summary
Acrylonitrile Butadiene Styrene (ABS) is one of the commonly used plastics in the consumer electronics industry. It possesses mechanical strength and electrical insulating properties. The major sectors which consume ABS globally are electrical, automotives and consumer durables. Continuous industrialization and infrastructure development in Asia Pacific has resulted in a tremendous increase in the ABS demand. Global demand for ABS has doubled in the last decade. The North American and European demand for ABS is saturated while the demand in Asia Pacific is still growing strong. It contributes to 84% of global ABS demand in 2010. China is the major source of ABS demand as well as production.
Scope
- Analyses the increase in ABS demand in Asia Pacific owing to growth of its end use segments
- Details all upcoming ABS plants in Asia Pacific
Reasons to buy
- Understand the drivers for ABS industry in Asia Pacific
- Formulate strategies based on the upcoming capacities
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