Acrylonitrile Butadiene Styrene Market To Reach $31,204.72 Million By 2030

Acrylonitrile Butadiene Styrene Market Growth & Trends

The global acrylonitrile butadiene styrene market size is expected to reach USD 31,204.72 million by 2030, registering a CAGR of 5.26% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing need for lightweight materials used in the automotive industry in various applications such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear is expected to drive the demand for acrylonitrile butadiene styrene (ABS). The superior characteristics of acrylonitrile butadiene styrene make it highly compatible with metals, adhesives, rubber, and coatings, which increases its preference over other products. Increasing production of acrylonitrile butadiene styrene is the key factor behind the growth of this market.

The revision of the regulatory framework associated with the acrylonitrile butadiene styrene industry is expected to increase the efficacy, safety, and performance standards of ABS-based medical products. As a result, the demand for superior-quality acrylonitrile butadiene styrene is expected to grow in Europe in the coming years. The market for acrylonitrile butadiene styrene in the region is highly regulated, with stringent regulations applied for the manufacturing of acrylonitrile butadiene styrene by the World Health Organization (WHO).

ABS can be easily processed via injection molding as well as recycled. It has good resistance against corrosive chemicals and physical impact. However, ABS is not used in high-heat situations due to its low melting point. ABS compounds are commonly used in electrical and electronics and consumer goods applications and are gaining acceptance owing to high strength, rigidity, and dimensional stability. The product offers resistance against impact and heat coupled with toughness.

The electrical and electronics segment is the leading application of ABS compounds. However, the appliances and automotive application segments are expected to provide maximum growth opportunities for the ABS market. The product is used in shavers, vacuum cleaners, food processors, and refrigerator liners, and its usage is expected to rise considering the increased production of lightweight passenger cars. Among recent developments, ABS is used in 3D printing as ABS parts can be easily sourced globally.

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Acrylonitrile Butadiene Styrene Market Report Highlights

• Based on type, the opaque segment led the market with the largest revenue share of 44.52% in 2024. Opaque acrylonitrile butadiene styrene has various physical properties including good chemical resistance, aging resistance, hardness, gloss, and rigidity, owing to which it has multiple uses in the automotive industry.

• Based on application, the appliances segment dominated the market with the largest revenue share of 25.88% in 2024.

• The acrylonitrile butadiene styrene market in North America is anticipated to grow at the fastest CAGR during the forecast period. The increasing demand for ABS in the healthcare industry is a major driver.

• Asia Pacific dominated the acrylonitrile butadiene styrene market with the largest revenue share of 34.58% in 2024. The rapid industrialization and urbanization in the Asia Pacific region are key drivers for the ABS market.

Acrylonitrile Butadiene Styrene Market Segmentation

Grand View Research has segmented the global acrylonitrile butadiene styrene market report based on the type, application, and region:

Acrylonitrile Butadiene Styrene Type Outlook (Revenue, USD Million, Volume, Kilotons, 2019 - 2030)

• Opaque

• Transparent

• Colored

Acrylonitrile Butadiene Styrene Application Outlook (Revenue, USD Million, Volume, Kilotons, 2019 - 2030)

• Appliances

• Electrical and Electronics

• Automotive

• Consumer Goods

• Construction

• Others

Acrylonitrile Butadiene Styrene Regional Outlook (Revenue, USD Million, 2019 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • GCC Countries

  • Saudi Arabia

List of Key Players in the Acrylonitrile Butadiene Styrene Market

• LG Chemicals

• Asahi Kasei Corporation

• CHIMEI

• Formosa Plastics Corporation

• KUMHO PETROCHEMICAL

• SABIC

• Trinseo

• INEOS Styrolution Group GmbH

• BASF SE

• DuPont