10.02.2015 Views

Global Acrylonitrile-Butadiene-Styrene (ABS) Resin Market (2014-2020)

ABS Resin is a thermoplastic polymer which is a result of mixture of Acrylonitrile, 1, 3- Butadiene and Styrene. Thus this possesses enhanced properties compared to regular resins. ABS resins are hard, rigid, high resistant, and are dimensionally stable. It also has the high deflection temperature and low mold shrinkage. Owing to the attributes, these are widely used in manufacturing of tough consumer and industrial products.

ABS Resin is a thermoplastic polymer which is a result of mixture of Acrylonitrile, 1, 3-
Butadiene and Styrene. Thus this possesses enhanced properties compared to regular resins. ABS
resins are hard, rigid, high resistant, and are dimensionally stable. It also has the high deflection
temperature and low mold shrinkage. Owing to the attributes, these are widely used in
manufacturing of tough consumer and industrial products.

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KEY MARKET INSIGHTS<br />

• China is the largest consumer of <strong>ABS</strong> resins<br />

• INEOS Group acquired the BASF SE share of Styrolution, the joint venture of BASF<br />

SE and INEOS Group in <strong>2014</strong><br />

• Consumer Appliances accounted for 50% in the market<br />

• Styron launched <strong>ABS</strong> <strong>Resin</strong> by mass polymerization technology instead of emulsion<br />

process. This products is claimed to have high lot-to-lot consistency, low gel and<br />

superior whiteness and is best suitable for non-commodity type applications<br />

• Chei Mei Corporation has entered into an agreement with SANKO KAKO, a major<br />

producer of plastic resin in 2013. This agreement was aimed to extend co-operation<br />

between to each other to bring out advanced products<br />

• In Cheil Industries, Chemical business division of Samsung SDI Co., Ltd has completed<br />

the construction of high value added engineering plastic production plant in Dongguan<br />

in China

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