ASA resin is a kind of impact modified resin, which is made of styrene, acrylonitrile and acrylic rubber. It has good mechanical and physical properties. ASA and ABS are similar in structure and are composed of acrylonitrile and butadiene rubber. It retains the excellent mechanical and physical properties of ABS as engineering plastics. ASA has strong weather resistance and good high temperature resistance. In addition, ASA is an anti-static material, which can make the surface less dust.
Automobile is the largest application field, because the automobile market is huge, and the demand for resin for rearview mirror and Others parts is great. In 2019, automobile sales accounted for 34.60% of all applications.
Ordinary products are the most widely used products with the lowest price, accounting for 45.73% of global sales in 2019.
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The United States, Europe, China, Japan, Taiwan and South Korea are the major ASA resin manufacturing regions in the world. North America and South Korea account for 50% of global production. Among the manufacturers of ASA copolymers, LG Chem ranks first in 2019. LG Chem accounted for 25% of the global ASA resin revenue market share in 2019.
Market Analysis and Insights: Global ASA Resin Market
In 2020, the global ASA Resin market size was US$ 718.3 million and it is expected to reach US$ 977.5 million by the end of 2027, with a CAGR of 4.5% during 2021-2027.
Global ASA Resin Scope and Market Size
ASA Resin market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global ASA Resin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the ASA Resin market is segmented into
- General Grade ASA
- Extrusion Grade ASA
- Heat Resistant Grade ASA
- Other Grade ASA
Segment by Application, the ASA Resin market is segmented into
- Automobile
- Architectural Engineering
- Household Electric Appliances
- Toys, Sports and Leisure Products
- Consumer Electronics
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and ASA Resin Market Share Analysis
ASA Resin market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, ASA Resin product introduction, recent developments, ASA Resin sales by region, type, application and by sales channel.
The major companies include:
- LG Chem
- Ineos Styrolution Group
- SABIC
- Techno-UMG Co., Ltd.
- Kumho Sunny Plastics Co.,Ltd.
- FORMOSA CHEMICALS & FIBRE CORPORATION
- NIPPON A&L
- LOTTE Advanced Materials
- CHIMEI
- A. Schulman (LyondellBasell)
- Romira
- SAX Polymers Industries
- Run Feng Sci. & Tech
- Novistachem
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Table of content
1 Study Coverage
1.1 ASA Resin Product Introduction
1.2 Market by Type
1.2.1 Global ASA Resin Market Size Growth Rate by Type
1.2.2 General Grade ASA
1.2.3 Extrusion Grade ASA
1.2.4 Heat Resistant Grade ASA
1.2.5 Other Grade ASA
1.3 Market by Application
1.3.1 Global ASA Resin Market Size Growth Rate by Application
1.3.2 Automobile
1.3.3 Architectural Engineering
1.3.4 Household Electric Appliances
1.3.5 Toys, Sports and Leisure Products
1.3.6 Consumer Electronics
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global ASA Resin Market Size Estimates and Forecasts
2.1.1 Global ASA Resin Revenue 2016-2027
2.1.2 Global ASA Resin Sales 2016-2027
2.2 ASA Resin Market Size by Region: 2021 Versus 2027
2.3 ASA Resin Sales by Region (2016-2027)
2.3.1 Global ASA Resin Sales by Region: 2016-2021
2.3.2 Global ASA Resin Sales Forecast by Region (2022-2027)
2.3.3 Global ASA Resin Sales Market Share by Region (2016-2027)
2.4 ASA Resin Market Estimates and Projections by Region (2022-2027)
2.4.1 Global ASA Resin Revenue by Region: 2016-2021
2.4.2 Global ASA Resin Revenue Forecast by Region (2022-2027)
2.4.3 Global ASA Resin Revenue Market Share by Region (2016-2027)