Market Research Report
India ABS Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030
|Published by||TechSci Research||Product code||800162|
|Published||Content info||60 Pages
Delivery time: Inquiry
|India ABS Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030|
|Published: March 1, 2019||Content info: 60 Pages||
Acrylonitrile-butadiene-styrene (ABS) is a copolymer plastic containing styrene, butadiene and acrylonitrile. ABS demand in India stood at 238 KTPA in 2018 and is projected to grow at a CAGR of 9.21% during 2019-2030 to reach 677 KTPA by 2030. Increasing use of ABS in electrical & electronics sector due to its excellent insulation properties is expected to propel the demand for ABS in the country. Moreover, heavy use of ABS in plastic parts for automobile production, owing to properties such as lightweight, which also gives fuel efficiency, resistance to heat and water and toughness would further propel its demand in India. Additionally, extensive use of ABS in the production of inhalers and other medical equipment is likely to positively push India ABS market during the forecast period.
Some of the major players operating in India ABS market are: Stahl India Private Limited, Sicagen India Limited, Lanxess India Private Limited, Haryana ABS Limited, TFL Quinn India Private Limited, BASF India Limited and Balmer Lawrie & Co. Limited, etc.
To extract data for India ABS market, primary research surveys were conducted with ABS manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for India ABS market over the coming years.
TechSci Research calculated ABS demand in India by analyzing the historical data and demand forecast was carried out considering the end use industries growth. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as ABS manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
With the given market data, TechSci Research offers customizations according to a company's specific needs.