PUBLISHER: ChemAnalyst | PRODUCT CODE: 996003
PUBLISHER: ChemAnalyst | PRODUCT CODE: 996003
Europe Acrylonitrile Butadiene Styrene (ABS) demand stood at 2.12 Million Tonnes in 2020 and is forecast to reach 3.093 Million Tonnes by 2030, growing at a healthy CAGR of 3.91% until 2030. The growth can be attributed to the rise in demand for ABS in industries like automobiles, electrical & electronic equipment, and the construction sector. Among the major European countries, Germany's demand is rising at a commendable rate due to the establishment of major industries such as automotive, electronics, and consumer goods. Europe region mainly includes developed economies that are focusing on green infrastructure development, which is contributing to the escalating demand for ABS in the construction sector. The COVID-19 outbreak had a devastating impact on economies across the world with a temporary ban on manufacturing units, lockdown measures, limited mobility of goods and personnel, etc., which led to a significant decline in the demand for ABS. However, the rising adoption of electronic devices and growing urban population with increased consumer spending are likely to impact the growth of the Europe Acrylonitrile Butadiene Styrene market in the coming years.
Under this subscription, you would be able to access Europe Acrylonitrile Butadiene Styrene market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news, and deals specific to Acrylonitrile Butadiene Styrene.
Years Considered for Analysis:
Historical Years: 2015 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2030
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Deliverables
To extract data for the Europe Acrylonitrile Butadiene Styrene market, the ChemAnalyst team conducts primary research surveys with Acrylonitrile Butadiene Styrene manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.
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