Global MABS Resin Market With CAGR , Application and Top Competitors TER PLASTICS POLYMER GROUP, TORAY, TECHNO-UMG, ADVANCED MATERIALS, LG CHEM LOTTE

Global MABS Resin Market

MABS is referred as Methyl methacrylate-acrylonitrile-butadiene-styrene, which is an unmistakable design and item thermoplastic with phenomenal straightforwardness, great firmness, great protection and high quality. MABS is classified into various types such as High Impact Grade, High Rigidity Grade, General Purpose Grade, and Others.

Market Drivers

MABS is commonly called as undefined thermoplastic. It is copolymer of styrene, butadiene, acrylonitrile, methyl methacrylate and it has various mechanical properties like higher effect strength and straightforwardness. Increase in demand for MABS resin due to its properties like high effect quality, great compound obstruction, and phenomenal straightforwardness which is expected to boost the global MABS resin market growth. 

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However, availability of substitute is the major challenging factor which is expected to hamper the global MABS resin market growth.

Market Segmentation

Global MABS Resin Market is segmented into type such as High Rigidity Grade, High Impact Grade, General Purpose Grade, and Others. Further, Global MABS Resin Market is segmented into application such as Medical devices, Reusable Drinkware, Industrial housing & Covers, Office Accessories, and Toys.

Also, Global MABS Resin Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as TER PLASTICS POLYMER GROUP, TORAY, TECHNO-UMG, ADVANCED MATERIALS, LG CHEM LOTTE, INEOS STYROLUTION, FORMOSA CHEMICALS AND FIBRE, DENKA, CHI MEI CORPORATION, and BASF SE.

Market Taxonomy

By Type

• High Rigidity Grade
• High Impact Grade
• General Purpose Grade
• Others

By Application

• Medical devices
• Reusable Drinkware
• Industrial housing & Covers
• Office Accessories
• Toys

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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