Acrylonitrile Butadiene Styrene (ABS) Market Size & Outlook, 2025-2033

Acrylonitrile Butadiene Styrene (ABS) Market Overview

The global acrylonitrile butadiene styrene (ABS) market size was valued at USD 38.79 billion in 2024 and is projected to reach from USD 41.39 billion in 2025 to USD 69.53 billion by 2033, growing at a CAGR of 6.7% during the forecast period (2025-2033). The growth of the market is attributed to rising Consumer Income and Improved Economic Conditions.

Key Market Indicators

• Asia-Pacific dominated the acrylonitrile butadiene styrene (ABS) industry in 2024, accounting for 36% of global revenue share, and is projected to grow at a 5.2% CAGR through 2033.
• Based on technology, the injection molding segment led the market in 2024, contributing to around 28% of total ABS demand, owing to its efficiency in producing complex automotive and electronic parts.
• Based on type, high gloss ABS was the dominant product segment in the global market in 2024, heavily used in consumer electronics and smart appliances. (Opaque ABS types collectively held 44% revenue share in 2024).
• Based on end-user, the automotive sector remained the largest consumer of ABS in 2024, driven by lightweight and fuel-efficient vehicle production. (Automotive applications account for more than one-third of ABS consumption in several reports.)
• Based on application, the appliances and automotive components segment dominated in 2024, with appliances alone representing 28% of market revenue.
• Based on raw material, acrylonitrile held the largest share in 2024, as it enhances thermal stability and chemical resistance, making it indispensable in ABS production.
• Based on grade, the flame-retardant ABS segment led in 2024, fueled by safety compliance in electronics, and is projected to expand at a 6.5% CAGR during the forecast period.

Market Size & Forecast

• 2024 Market Size: USD 38.79 Billion
• 2033 Projected Market Size: USD 69.53 Billion
• CAGR (2025–2033): 6.7%
• Asia-Pacific: Largest market in 2024
• Asia-Pacific: Fastest-growing region

Acrylonitrile butadiene styrene is an essential engineering plastic that has a diversified end-user portfolio. It is the most popular and is regarded as the best of all the styrenic family of polymers as it exhibits superior toughness, rigidity, and chemical resistance. The exclusive use of acrylonitrile butadiene styrene plastic in professional 3-D printers drives the acrylonitrile butadiene styrene (ABS) market.

The consumption of acrylonitrile butadiene styrene plastic is expected to grow in the near future as it is easy to paint and glue as well as environment friendly. The increasing need for lightweight vehicles and the expansion of the automotive industry, especially in developed economies, such as the U.S. and those in Europe, drive the global acrylonitrile butadiene styrene (ABS) market.

To get more insights about this report Download Free Sample Report

Acrylonitrile Butadiene Styrene (abs) Market Growth Factors

Rising Consumer Income and Improved Economic Conditions

Increasing consumer income and improved economic conditions are also anticipated to boost the demand for acrylonitrile butadiene styrene plastic in home appliances. The applications of acrylonitrile butadiene styrene plastic in electronics and home appliances have increased rapidly, owing to its good insulation properties. The figure below depicts the global production capacity of acrylonitrile butadiene styrene for the duration of 2013-2016.

The burgeoning use of acrylonitrile butadiene styrene in lego, sports equipment, plastic toys, and other novel uses in medical applications, such as nebulizers and compressors, is also contributing to the global market.

Novel Applications of Abs Resin in 3d Printing Technology

The production of acrylonitrile butadiene styrene resin will increase in tandem with the consumption of end-use industries. Most recently, acrylonitrile butadiene styrene resin has been proven to play a key role in the use of 3D printers in multiple industries. These resin sheets and materials are readily available and can be easily molded to a desired form and effect. Additionally, they can be electroplated to enable even more options for use. Their 100% recyclability makes it possible to meet them again and again and reshape them without chemical degradation or burning.

Robust Growth of Electronics & Consumer Goods Sector Leads the Way for the Abs Market

Acrylonitrile butadiene styrene resins are widely used in computers and office equipment and are a part of consumers' daily lives, from smartphones to keyboards. They are extensively in gaming remote controls, set-top boxes, and other consumer electronics for higher durability, impact resistance, processability, surface quality, and chemical resistance to combat oils that cause progressive cracking. ABS resins are also combined with other plastics to form alloys such as polycarbonate (PC)-acrylonitrile butadiene styrene for the consumer electronics segment. Thus, the rising consumer demand for electronics positively influences the global acrylonitrile butadiene styrene market.

Increasing Infrastructure Development in Emerging Economies Bolsters Market Demand

Pipes and fittings made from ABS resin are widely used in building and construction activities as they are easier to install and do not rot, rust, or corrode. The global acrylonitrile butadiene styrene market is expected to grow significantly during the forecast period, against a backdrop of favorable government initiatives for economic co-operation and inflow of foreign investments. CIMIC Group has projects in various countries across ASEAN, including Indonesia, Malaysia, the Philippines, Singapore, and Thailand. The company is involved in a USD 6.8-million infrastructure project in Indonesia for the Vale (Brazil) mining company. Infrastructure development is the key factor driving the consumption of ABS resin in developing countries.

Regional Analysis

Asia-Pacific Acrylonitrile Butadiene Styrene (abs) Market Trends

The Most Prominent Market for ABS, with Strong Automotive, Electronics, & Home Appliance Sectors Driving Demand Asia is a key market for acrylonitrile butadiene styrene plastic, with Asian consumers powered by an increasing disposable income, which drives the demand for luxury goods in the region. As per the Asian Development Outlook 2017, more than 30% of the world's consumer disposable income was in Asia for the year 2017.

Government initiatives introduced in the FY 2020 budget will aid recovery and sustain growth in the coming years. The recent budget introduced a simplified personal income tax option that reduces tax rates for those earning less than USD 20,000 per year but surrenders exemptions and deductions. This will increase household disposable income, thereby boosting private consumption in the region.

The region is home to many consumer goods and home appliance manufacturers, which is expected to propel the demand for acrylonitrile butadiene styrene plastic during the forecast period. The below figure depicts the key countries importing acrylonitrile butadiene styrene in the year 2017, with China accounting for 36% of imports.

In Asia-Pacific, China, Hong Kong, Taiwan, Singapore, and many others enjoy most of the foreign investments, particularly in the automotive and electrical industries. As per a report by the China Center for Information Industry Development, China's online B2C home appliance market observed steady expansion in the year 2018 by growing 17.5% year-on-year to USD 86,000 million.

Transparent acrylonitrile butadiene styrene plastic is infused in the production of home appliances to enhance liner functionality and aesthetics. Thus, China's strong home appliances market is expected to foster foster the regional market in the coming years. The figure below depicts the estimated market potential for different regions during the forecast period, 2022–2030.

Market Segmentation

Raw Material Insights

ABS production largely depends on acrylonitrile, polybutadiene, and styrene. Among these, acrylonitrile ensures thermal stability and chemical resistance, while butadiene enhances toughness and impact strength. Styrene contributes to ease of processing and glossy surface finishes. The balance of these raw materials continues to determine performance properties and pricing dynamics across industries.

Type Insights

the market is categorized into high gloss, low gloss, high impact, general purpose, high flow, and plate-able ABS. The high gloss segment dominates in 2025, driven by its extensive use in consumer electronics and smart appliances such as air conditioner panels, LCD casings, and automotive interiors. Meanwhile, high impact ABS is widely adopted in automotive and construction due to its ability to withstand external shocks, while plate-able grades find applications in decorative trims and parts that require electroplating for premium aesthetics.

End-User Insights

the automotive sector remains the largest consumer of ABS, supported by the global shift toward lightweight, fuel-efficient, and electric vehicles where ABS parts reduce overall vehicle weight by up to 10%. Electronics and consumer goods form another significant segment, as ABS is preferred in smartphones, keyboards, game consoles, and home appliances for its strength and chemical resistance. Additionally, building and construction applications such as pipes, fittings, and panels are gaining traction, particularly in emerging economies where infrastructure development is robust.

Application Insights

From an application perspective, ABS is most prominently used in appliances and automotive components, followed by construction materials, electronics housings, and consumer goods. Its versatility makes it a material of choice for products ranging from dashboards and wheel covers to office equipment, helmets, and toys.

Technology Insights

injection molding dominates the manufacturing process due to its efficiency in producing complex designs for automotive and electronic components. Extrusion is extensively used for sheets, pipes, and profiles, while blow molding supports hollow component production, particularly in consumer goods and lightweight structures.

Grade Insights

ABS is segmented into flame-retardant, impact-resistant, gloss, plateable, composite, and others. Flame-retardant grades are increasingly used in electrical and electronic products to meet safety standards, while impact and composite grades cater to the automotive and construction sectors. Gloss and plateable grades remain popular in decorative consumer products and automotive interiors where aesthetics matter as much as performance.

List of key players in Acrylonitrile Butadiene Styrene (ABS) Market

1. INEOS Styrolution Group GmbH
2. Trinseo
3. Kumho Petrochemical
4. Formosa Chemicals & Fibre Corp.
5. LG Chem
6. SABIC
7. BASF SE
8. Toray Industries Inc
9. Mitsui Chemicals, Inc
10. Ravago Americas
11. Emco Industrial Plastics
12. Elix Polymers

To get more findings about this report Download Market Share

Recent Developments

• September 2025 : LG Chem is set to exhibit at the K2025 trade fair in Germany. The company will showcase its "Chemistry Driven. Impact Ready." concept, demonstrating advanced technologies that are already being applied in various industries. This includes a focus on sustainable solutions using non-painted ABS and advanced PCR (Post-Consumer Recycled) materials for the automotive industry.
• July 2025 : BASF SE announced preliminary figures for the second quarter of 2025 and adjusted its full-year outlook. The company noted that margins in the base chemicals business, which includes ABS, remained under pressure due to high product availability on the market.
• July 2025 : INEOS Styrolution announced its decision to permanently close its ABS production site in Addyston, Ohio. The company will begin the decommissioning process in the second quarter of 2025, citing a highly competitive market, particularly from overseas imports, and a lack of economic viability for the required investment to continue operations.