FORT WORTH, Texas, May 13, 2015 /PRNewswire/ --
The North American Acrylonitrile Butadiene Styrene market is significantly penetrating their end-use industries. They have different characteristics as per their manufacturing and application requirement in the end products. The U.S. region is expected to dominate this market with its growing demand for Acrylonitrile Butadiene Styrene in different applications, especially the transportation, consumer goods and rubber industry. The Canada and Mexico markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
Browse through the TOC of North America Acrylonitrile Butadiene Styrene Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Investments and Expansion is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of formic acid to match the new demands coming from various end-user industries.
The U.S. is the largest region, both in terms of volume and value, followed by Canada. Mexico is expected to persist as successful Acrylonitrile Butadiene Styrene markets. The key players in the North America Acrylonitrile Butadiene Styrene are SABIC innovative plastic Holdings (Saudi Arabia), Ineos ABS (Switzerland), Styrolution (Germany), Styron LLc (U.S.) and BASF (Germany) and others
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The Acrylonitrile Butadiene Styrene markets demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.
The current market value of the North American Acrylonitrile Butadiene Styrene markets (2014) is about $2,000 million and is estimated to reach $2,325 million by 2019, growing at a CAGR of 3.6%, from 2014 to 2019. The high demand across the industries, such as automobile sector, manufacturing industries, rubber, chemical & pharmaceuticals and other industries will increase the overall Acrylonitrile Butadiene Styrene markets consumption.
The Europe Acrylonitrile Butadiene Styrene Market was valued at $2,844.38 million in 2013, and is projected to reach $3,463.14 million by 2019, growing at a CAGR of 3.6% from 2014. One of the key drivers for growing ABS demand is the increasing need for light weight automobiles to obtain better fuel efficiency.
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