Global Flame Retardant ABS Resin Market Size, Share and Industry Analysis by Regions, Countries, Types, and Applications, Forecast to 2028

SKU ID : Maia- 23967120

Publishing Date : 07-Jun-2023

No. of pages : 112

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  • The global Flame Retardant ABS Resin market size was valued at USD 3159.05 Million in 2022 and will reach USD 3899.06 Million in 2028, with a CAGR of 3.57% during 2022-2028.

    The Flame Retardant ABS resin is based on ABS resin, and is added with a high heat stable flame retardant, an additive, etc., and is packaged into a product by mixing, melt molding, granulation and granulation. It is a white granule with high mechanical strength, good flame retardancy and excellent fluidity. The product has small shrinkage, smooth appearance and certain coating properties. Tensile strength 40 MPa, bending strength 65 MPa, heat distortion temperature 89 ° C, flame retardancy uL-94, V-O grade. It is used for TV flame retardant front frame and other various flame-retardant electrical components. Flame-retardant ABS resin has good impact resistance and heat resistance, High Flame Retardant resistance, chemical resistance and electrical properties. It also has the characteristics of easy processing, stable product size, good surface gloss, etc. It is easy to apply and color. It can also be used for secondary processing such as surface metallization, electroplating, welding, hot pressing and bonding. It is widely used in industrial fields such as machinery, automotive, electronic appliances, instrumentation, textile and construction. It is an extremely versatile thermoplastic. Engineering plastics.

    Technical competition
    The challenge of the traditional process to the traditional process, the modified PP and the high impact PS to the traditional products, so that the production companies only continue to develop a variety of special materials, expand the scope of use, and greatly reduce costs, in order to avoid getting into trouble.

    Environmental issue
    Due to the emission of solid waste gas that is harmful to the human body during the manufacture of ABS resin, it is a serious violation of environmental regulations. This limits the development of ABS resin.

    Home appliance field
    Small IT/OA equipments are the main direction for the growth of ABS resin demand. In recent years, the annual output of small IT/OA equipments such as water purifiers, electric fans and rice cookers has increased by more than 10%, even reaching 20%. The small IT/OA equipment industry can be further subdivided into kitchen appliances, living appliances, lighting appliances and so on. From the perspective of the quantity of possession, there is still room for improvement in small IT/OA equipments, and the incremental space of the industry is much larger than that of IT/OA equipments. From the perspective of the speed of upgrading, the renewal period of small IT/OA equipments is short, the update frequency is fast, and the incremental space is large. The small IT/OA equipment industry is still expected to maintain rapid growth.

    Region Overview:
    China had the highest growth rate of all regions.

    Company Overview:
    CHIMEI is one of the major players operating in the Flame Retardant ABS Resin market, holding a share of 21.61% in 2020.

    CHIMEI
    Chi Mei Corporation produces and supplies plastic and rubber materials worldwide. The company offers ABS and MABS resins for use in commercial machinery, electronic components, communication facilities, personal computers, electrical appliances, auto parts, shower appliances, luggage, faucets, and other household goods, as well as for computer peripheral, home electronics, toys, and daily appliances; and SAN resins used in cosmetic containers, lighter casings, food processing containers, battery casings, detergent sprayer apparatuses, etc. It also provides ASA resins for automotive and construction parts, outdoor sporting goods, gardening parts, outdoor antenna parts, electronic.

    LG Chem
    LG Chem, Ltd. engages in basic materials and chemicals; energy solution; IT and electronic materials, and advanced materials; and life sciences businesses in South Korea and internationally. The company offers ethylene and propylene; raw material for polycarbonate and epoxy resins; low- and high-density polyethylene, polyolefin elastomers, polypropylene, and ethylene vinyl acetate; polyvinyl chloride, plasticizers, caustic soda, and carbon nanotubes; and acrylonitrile-butadiene-styrene, acrylonitrile- styrene-acrylate, styrene-acrylonitrile copolymer, polystyrene, and expandable polystyrene. It also provides engineering plastic compounds, thermoplastic elastomers.

    Segmentation Overview:
    As for product types, the Universal flame retardant segment held the largest market share in 2021.

    Application Overview:
    By application, the Electrical appliances (TV, Monitor housings, etc.) segment occupied the biggest share from 2017 to 2022.

    Electrical appliances (TV, Monitor housings, etc.)
    Halogen free, FR PC, Phosphor free and High Impact resistance FR PC.

    IT/OA equipment
    Easy processing, chemical resistance, increased surface hardness, good impact strength, and overall toughness. Good for plating.

    The Flame Retardant ABS Resin market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.

    Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.

    In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.

    Key Companies in the global Flame Retardant ABS Resin market covered in Chapter 4:
    LG Chem
    Formosa Chemicals & Fibre
    CHIMEI
    LOTTE ADVANCED MATERIALS
    TORAY
    SABIC
    Kumho Petrochemical
    INEOS
    Trinseo

    In Chapter 12 and Chapter 14.1, on the basis of types, the Flame Retardant ABS Resin market from 2018 to 2028 is primarily split into:
    High Flame Retardant
    Universal Flame Retardant

    In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Flame Retardant ABS Resin market from 2018 to 2028 covers:
    Electrical appliances (TV, Monitor housings, etc.)
    IT/OA equipment
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
    North America (United States, Canada, Mexico)
    Europe (Germany, United Kingdom, France, Italy, Spain)
    Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
    South America (Brazil, Argentina)
    Middle East & Africa (Saudi Arabia, UAE, South Africa)

    Outline:
    Chapter 1 begins with the Flame Retardant ABS Resin market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Flame Retardant ABS Resin market and its likely evolution in the short to mid-term and long term.

    Chapter 2 provides Flame Retardant ABS Resin industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.

    Chapter 3 depicts Flame Retardant ABS Resin industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.

    Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Flame Retardant ABS Resin market ranking, benchmarks, and company business portfolio.

    Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.

    Chapters 6-10 highlight Flame Retardant ABS Resin market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.

    Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.

    Chapters 12-13 evaluate the Flame Retardant ABS Resin market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.

    Chapters 14-15 elaborate on the Flame Retardant ABS Resin market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.

    Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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