Global Acrylonitrile Styrene Acrylate Market 2019-2023
- Published: May 2019
- Pages: 117
- SKU: IRTNTR31325
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The global acrylonitrile styrene acrylate market will grow by USD 94.22 million during 2019-2023. The market’s growth momentum is expected to accelerate throughout the forecast period because of the steady increase in the year-over-year growth. This report provides a detailed analysis of the market by application (automotive, consumer electronics, construction, and others) and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several acrylonitrile styrene acrylate manufacturers including Chi Mei Corp., INEOS AG, LANXESS AG, LG Chem Ltd., and SABIC.
Some of the key findings from this acrylonitrile styrene acrylate market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global acrylonitrile styrene acrylate industry overview
Developing countries such as China and India have emerged as global hubs of construction and automobile industries. Moreover, with rapid urbanization, the governments of China, India, and Indonesia are making significant investments in the housing industry. The high consumer base and the increasing purchasing power parity in these countries are attracting significant investments in the construction and automobile industries. The growth of these industries will increase the demand for acrylonitrile styrene acrylate as it is used to manufacture automotive components, window profiling, pipes and ducts, and roof decking.
Acrylonitrile styrene acrylate is commonly used to produce automotive prototypes, electrical housing and brackets, and sporting goods. Employing additive manufacturing helps achieve complex geometries, eliminate tooling process, and save time and production costs. Because of this, several vendors are emphasizing on the adoption of 3D printing technology to develop acrylonitrile styrene acrylate-based products. The growing trend of adopting additive manufacturing in the medical and automobile industries is expected to boost the growth of the global acrylonitrile styrene acrylate market over the forecast period. As a result of these factors, the acrylonitrile styrene acrylate market will grow at a CAGR of over 2%.
Top acrylonitrile styrene acrylate companies covered in this market research report
The global acrylonitrile styrene acrylate market is fairly fragmented. This research report provides a detailed analysis of the market’s competitive landscape and provides information on the products offered by various companies. Key insights provided by this global acrylonitrile styrene acrylate market report will help companies create effective strategies to improve their revenue share.
The report offers a detailed analysis of several leading companies, including:
- Chi Mei Corp.
- INEOS AG
- LANXESS AG
- LG Chem Ltd.
- SABIC
Acrylonitrile styrene acrylate market segmentation based on application
- Automotive
- Consumer electronics
- Construction
- Others
The increased per capita income and the improved road conditions in developing companies have increased the sales of passenger and commercial vehicles. The growth of construction, mining, and packaging industries is also increasing the demand for commercial vehicles to transport raw materials and finished goods. As a result of these factors, the demand for acrylonitrile styrene acrylate will be high in automotive applications during the forecast period.
Acrylonitrile styrene acrylate market segmentation based on geography
- APAC
- Europe
- MEA
- North America
- South America
APAC will offer maximum growth opportunities for companies in the acrylonitrile styrene acrylate market. The rapid growth of end-user industries such as automobile, construction, and home appliances positively influence the growth of the acrylonitrile styrene acrylate market in the region. Initiatives from the regional governments to support the construction industry also lead to an increase in the demand for acrylonitrile styrene acrylate in APAC.
Key highlights of the global acrylonitrile styrene acrylate market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the acrylonitrile styrene acrylate market during the next five years
- Precise estimation of the global acrylonitrile styrene acrylate market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the acrylonitrile styrene acrylate industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of acrylonitrile styrene acrylate companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Automotive - Market size and forecast 2018-2023
- Consumer electronics - Market size and forecast 2018-2023
- Construction - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increased preference for in-mold painting technology in automobile industry
- Growing demand for battery components
- Increase in demand from additive manufacturing
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chi Mei Corp.
- INEOS AG
- LANXESS AG
- LG Chem Ltd.
- SABIC
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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