Global Automotive Bio Abs Resin Market 2022-2027

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    GLOBAL AUTOMOTIVE BIO ABS RESIN MARKET

     

    INTRODUCTION 

    ABS is a thermoplastic polymer used extensively in injection molding. ABS combines the elasticity as well as stiffness of polybutadiene elastomer with the rigidity and toughness of polystyrene and acrylonitrile materials.

     

    Plastic for electricity transmission parts is the most common ABS resin used in electronics. Boxes, casings, wire channels, plastics enclosures, as well as other items fall into this category.

     

    ABS polymers are frequently used during semiconductors because they are impact resistant, robust, lightweight, and flame retardant.

     

    Furthermore, the shrinking of electrical components, combined with greater safety requirements across sectors, is likely to boost ABS resin consumption in optoelectronic devices. 

     

     

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    GLOBAL AUTOMOTIVE BIO ABS RESIN MARKET DEVELOPMENTS AND INNOVATIONS 

     

    S No  Overview of Development  Development Detailing  Region of Development  Possible Future Outcomes 
    Sabic Announces World’s First Bio-Based, Certified Renewable High-Performance Amorphous Polymer  Recently, ULTEMTM introduced a new line of biobased ULTEMTM resins that provide sustainability benefits while maintaining the same high performance and processability as existing ULTEM products.  Global  This would enhance better Technological Controls 
    BioLogiQ Announces the Availability of an ABS-Based BioBlend to Provide Manufacturers of Injection Molded Products  The introduction of a range of ABS-based XD BioBlends designed particularly for the creation of low-impact durable plastic items like toys and electronics..  Global  This would enhance better Technological Controls 
    Trinseo Launches Magnum Bio Abs For Automotive Applications  It has oriented the portfolio towards better Bio oriented integrations in the market  Global  This would enhance better Technological Controls 
    Creating A New Green Polymer Through Melt Blending  To assess their thermal and mechanical characteristics, polymers will be melted mixed, and extruded. The aim is for the mix to perform as well as or better than presently utilized ABS while still being a cost-effective option.  Global  This would enhance better Technological Controls 

     

     

     

    GLOBAL AUTOMOTIVE BIO ABS RESIN MARKET NEW PRODUCT LAUNCH

     

    To fulfil the needs of the automobile sector, ELIX Polymers has produced a new generation acrylonitrile-butadiene-styrene/polycarbonate (ABS/PC)blend. When compared to PC/ABS, ELIX Ultra HH 4115 HI ABS/PC can purportedly help achieve considerable weight reductions through lower density, as well as cost savings, processing benefits, and very low emissions and odour.

     

    The car industry’s continued quest for weight savings is fueling the trend of replacing PC/ABS parts with ABS/PC mixes, particularly for interior components. When compared to PC/ABS, the latest generation ELIX Polymers Ultra HH4115HI ABS/PC material is said to have various advantages.

     

    Ultra HH 4115 HI also performs well in ISO6603-2 (puncture impact behaviour) tests at various temperatures for crash-relevant items such as interior pillars. Several luxury automotive manufacturers have rated the appearance of fracture as extremely positive.

     

    Several significant car OEMs have already evaluated and approved ELIX Ultra HH 4115HI. According to the GS93016 ABS+PC heat resistance standard, BMW authorised it, and the first serial projects are already using the new grade.

     

    In addition, according to TL52231, Audi investigated emissions and odour characteristics with positive findings, and the material is deemed extremely interesting for lower instrument panel parts, centre console parts, and door panel parts.

     

     

    COMPETITIVE LANDSCAPE

    Polymeric materials are increasingly being used in vehicles, and this trend is projected to continue over the projection period.

     

    The use of synthetic polymers allows for additional design flexibility and provides a safe geometrical and cost-effective option for component fabrication.

     

    ABS is employed in every section of a car, including internal components, engine block components, exterior components, and superstructure.

     

    Furthermore, ABS plastic is frequently used in aeroplane panels and baggage compartments. 

     

    LG Chemicals is a prominent developer of the latest integrated technologies focusing on better smarter sensing and ABS-oriented technology for the future.

     

    The PCR ABS is an environmentally friendly product line made from recycled ABS. PCR ABS has excellent injection molding capabilities, which are comparable to and as dependable as regular ABS.

     

    It may be used in black and white on cross printers, purifiers, as well as a variety of other electrical & mechanical items.

     

    The MRC380D5 plastic injection product has a 50 percent PCR resin content, physical qualities that are comparable to normal ABS, great fluidity, as well as a black colour. 

     

    SABIC provides core technical breakthroughs that allow diagnostic and analysis of automotive oriented ABS requirements wherein the technology of CYCOLAC resin is a tunability structural material with remarkable aesthetics, flowing, hardness, good mechanical, good colour ability, resistance to abrasion, and temperature resistance.

     

    The FDA has given its approval. Because of the versatility provided by the three polymer groups, the property profile may be customized to satisfy a wide range of finished demands. 

     

    COMPANIES PROFILED 

     

     

    Sl no

    Topic

    1

    Market Segmentation

    2

    Scope of the report

    3

    Abbreviations

    4

    Research Methodology

    5

    Executive Summary

    6

    Introduction

    7

    Insights from Industry stakeholders

    8

    Cost breakdown of Product by sub-components and average profit margin

    9

    Disruptive innovation in the Industry

    10

    Technology trends in the Industry

    11

    Consumer trends in the industry

    12

    Recent Production Milestones

    13

    Component Manufacturing in US, EU and China

    14

    COVID-19 impact on overall market

    15

    COVID-19 impact on Production of components

    16

    COVID-19 impact on Point of sale

    17

    Market Segmentation, Dynamics and Forecast by Geography, 2022-2027

    18

    Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027

    19

    Market Segmentation, Dynamics and Forecast by Application, 2022-2027

    20

    Market Segmentation, Dynamics and Forecast by End use, 2022-2027

    21

    Product installation rate by OEM, 2022

    22

    Incline/Decline in Average B-2-B selling price in past 5 years

    23

    Competition from substitute products

    24

    Gross margin and average profitability of suppliers

    25

    New product development in past 12 months

    26

    M&A in past 12 months

    27

    Growth strategy of leading players

    28

    Market share of vendors, 2022

    29

    Company Profiles

    30

    Unmet needs and opportunity for new suppliers

    31

    Conclusion

    32

    Appendix

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