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North America Acrylonitrile-Butadiene-Styrene (ABS) Resin Market - Segmented by Type, Application, and Geography - Trends and Forecasts (2020 - 2025)

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North America Acrylonitrile-Butadiene-Styrene (ABS) Resin Market

The market is valued at XX USD billion in 2015 and is expected to grow at CAGR of XX% during the forecast period. North America region is estimated to be second largest market. It is expected to be growing stable during the forecast period, on account of the growing new emerging markets and growth in end user industries.  North America market is dominated by the United States, which accounts for over XX% of the North America’s market share by volume. Canada is another country which is expected to witness growth in this market.

 The automotive have the largest share in the market in this region. Unites States is the major market for this sector as in North America that is the country who leads in automobile sector followed by Canada etc. The construction sector is going to witness stable growth. The appliances and electronics industry is going to increase in coming years due to growing demand in customers.

One of the major driver for this market is the growth in the end-user industries such as automotive industry. The emerging market will enhance the growth in major sectors like appliances and electrical & electronics products, which is further driving the ABS resins market. The major challenge faced by this market is the development of sustainable products which can replace ABS resins applications in any areas. The production of ABS resins results in emission of solid waste & waste gases and it is also harmful to human beings, hence the stringent environmental regulations are being made to avoid these, which is a major challenge to this market. Some of the major players in this market are Styron Group, Chemtura Corporation, SABIC, BASF, The Dow Chemical Company and Covestro etc.

What the Report Offers

  • Market Definition along with identification of key drivers and restraints for the market.
  • Market analysis with region specific assessments and competition analysis on a North America and regional scale.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a North America  and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
  • Identification and analysis of the Macro and Micro factors that affect the industry on both North America and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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