The worldwide MABS Resin market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
MABS is a copolymer of methyl methacrylate, acrylonitrile, butadiene, styrene, and it has ordinary ABS resin\'s mechanical properties, but higher impact toughness and transparency than ABS
Currently, global production of MABS resin is concentrated as there are only a few manufacturers engaged in the industry. The product belongs to the family of ABS resin, but owns much higher added-value than common ABS resin. The largest manufacturer is Toray, who owns 29.49% market share in 2017.
As for the region, Korea is the largest production base, holding 33.54% market share in 2017, followed by Japan, with 26.20% market share.
MABS cannot compete with the impact resistance of impact grades of ABS nor the heat resistance of high heat grades of ABS, however MABS can outperform polystyrene, SAN and PMMA for impact resistance and has similar heat distortion temperatures.
s the report focuses on global MABS Resin market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
Toray
LG Chem
Chi Mei
LOTTE Advanced Materials
Styrolution
Techno-UMG
Denka
Formosa Chemicals & Fibre
NIPPON A&L
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
General Purpose Grade
High Impact Grade
High Rigidity Grade
Other
In market segmentation by applications :
Appliance Industry
3C Products
Toys
Medical Industry
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the MABS Resin market for the forecast period 2020 - 2025?
• What are the driving forces in the MABS Resin market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the MABS Resin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?