BIO-BASED ABS MARKET

INTRODUCTION

Using a combination of conventional petrochemical-based polymers and renewable raw ingredients including cornflour, cellulose, and vegetable oil, bio-based ABS is a type of plastic. Thermoplastic ABS (Acrylonitrile Butadiene Styrene) is frequently utilised in a variety of sectors, including the automotive, electronics, and consumer products industries.

Traditional ABS is outclassed by bio-based ABS, which has a lower environmental impact and a smaller carbon footprint. Moreover, it has mechanical attributes that are comparable to those of conventional ABS, making it appropriate for uses that are similar.

A growing number of businesses and customers are turning to bio-based ABS as a more environmentally friendly and long-lasting replacement for conventional plastics. The market for bio-based ABS products is currently well-established, and it is anticipated to expand more in the years to come.

BIO-BASED ABS MARKETSIZE AND FORECAST

The Title Name accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

BIO-BASED ABS MARKETNEW PRODUCT LAUNCH

The "ecoflex" brand of bio-based ABS was recently introduced by BASF. It is appropriate for injection moulding applications across a range of sectors and is made from 70% renewable raw ingredients.

A new line of bio-based ABS products has been introduced by Dow, a leader in materials science, under the DOWLEX name. By combining bio-based and conventional components in the production of the new items, the finished item has a smaller carbon footprint. High chemical resistance, strong impact resistance, and great processing qualities are all features of the products. They are appropriate for a variety of uses, such as toys, consumer items, and automobile interiors.

Styroflex 4G80, a new bio-based ABS grade from INEOS Styrolution that is created from 80% renewable raw resources, was introduced.

LNPTM ELCRIN iQ, a novel bio-based ABS material from SABIC, is created from sustainable feedstocks and post-consumer recycled PET bottles.

DURABIO, a novel bio-based ABS resin from Mitsubishi Chemical, boasts outstanding heat resistance, transparency, and impact resistance. It is made from plant-based components.

"PULSE," a novel bio-based ABS from Trinseo, is composed of 50% renewable feedstock. It is intended for use in instrument panels and door panels, among other interior automobile components.

"Novodur," a brand-new bio-based ABS from INEOS Styrolution, is constructed using 50% renewable raw ingredients. It is intended for use in the manufacturing of consumer items, electrical and electronic equipment, and automobiles.

BIO-BASED ABS MARKETCOMPANY PROFILE

• Asahi Kasei Corporation
• LG Chem
• Covestro
• Trinseo
• Solvay

BIO-BASED ABS MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Title Name are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Title Name and key vendor selection criteria
3. Where is the Title Name manufactured? What is the average margin per unit?
4. Market share of Global Title Name market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Title Name in-house
6. key predictions for next 5 years in Global Title Name market
7. Average B-2-B Title Name market price in all segments
8. Latest trends in Title Name market, by every market segment
9. The market size (both volume and value) of the Title Name market in 2024-2030 and every year in between?
10. Production breakup of Title Name market, by suppliers and their OEM relationship