The global demand for Methyl Methacrylate Acrylonitrile Butadiene Styrene Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2027 with a CAGR of XX% during 2021-2027.
Methyl methacrylate acrylonitrile butadiene styrene, or better known as MABS, is a newer modification of the parent polymer ABS. It is sometimes referred to as transparent ABS and can create vibrant and sparky visual effects. On account of it's a pearlescent effect, MABS is used in design-oriented areas and highly preferred due to the easy processing abilities. Key properties of Methyl methacrylate acrylonitrile butadiene styrene include high impact strength, exceptional transparency, and chemical resistance. Methyl methacrylate acrylonitrile butadiene styrene is a specialty polymer belonging to the styrene polymers family.
The global growth of Methyl methacrylate acrylonitrile butadiene styrene is anticipated to grow at a marginal pace in the future. MABS is a highly preferred material for specific medical applications that include transparent components in ventilators, dialysis filters, and connectors. The extensive medical application is likely to spur the growth of this market. Besides that, owing to the key mechanical properties of MABS (toughness and impact resistance), the polymer finds a vast application in consumer electronics, electrical appliances, and others. With the rising adoption of IoT, the demand for consumer electronics has increased exponentially, thereby creating business prospects for the key players of the MABS market. The healthcare and pharma sector is at the frontline of the pandemic COVID-19 response, thereby creating increased demands for medical and related supplies. This factor is projected to create lucrative trade prospects.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of methyl methacrylate acrylonitrile butadiene styrene.
The entire Methyl methacrylate acrylonitrile butadiene styrene market has been sub-categorized into end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
- Building & Construction
- Pipes and Fittings
- Wire and Cables
- Consumer Electronics
- Other (Medical, Gym & Fitness & etc.)
This section covers regional segmentation which accentuates on current and future demand for methyl methacrylate acrylonitrile butadiene styrene market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Methyl Methacrylate Acrylonitrile Butadiene Styrene Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the methyl methacrylate acrylonitrile butadiene styrene market include Arkema, Ineos Group Holdings S.A., Kaneka Corporation, LG Chem, Mitsubishi Chemical Holdings Corp., Shandong Novista Chemicals Co.,Ltd., The Dow Chemical Company. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.