Acrylonitrile Butadiene Styrene Market Analysis: Emerging Trends and Strategic Developments
Market Overview Global Acrylonitrile Butadiene Styrene Market size and share is currently valued at USD 22.32 billion in 2024 and is anticipated to generate an estimated revenue of USD 35.15 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 The Acrylonitrile Butadiene Styrene market continues to grow steadily due to the increasing consumption of lightweight and durable plastics in modern industrial applications. ABS is particularly valued for its balance of mechanical properties and ease of fabrication through injection molding applications, extrusion, and thermoforming processes. ABS offers several advantages over other engineering plastics. It can be easily colored, electroplated, and machined, which allows manufacturers to produce aesthetically pleasing yet functional products. Its compatibility with...