Albany, New York (PRWEB) August 28, 2014
Acrylonitrile butadiene styrene (ABS) is the most commonly used thermoplastic. It derives its name from the chemicals used in making it, namely, acrylonitrile, butadiene, and styrene. Its properties such as high impact strength and outstanding mechanical strength make it a widely used material in several industrial applications. Automotive parts, pipes, industrial appliances, machines, and telephone components are some of the most commonly seen uses of acrylonitrile butadiene styrene. ABS polymers are also resistant to aqueous acids, alkalis, alcohols and animal, vegetable and mineral oils, concentrated hydrochloric and phosphoric acids.
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One of the most revered properties of acrylonitrile butadiene styrene is its light weightedness. It is for this quality, that ABS is used in making several musical instruments, golf club heads, medical devices, protective headgears, toys, luggage and carrying cases, and many other household consumer goods. Owing to such a wide use of ABS its market is expected to grow at a substantial rate in the coming years.
Growing automobile sector is the biggest and the strongest market driver for ABS in the coming five years. Automakers’ demand for a high performance, better quality, but low weight material to reduce the vehicle’s weight, is driving the demand ABS. The next market driver for ABS is growing manufacturing industry in China, which is in great demand for a variety of plastics.
The market research report by Transparency Market Research provides a comprehensive outlook on acrylonitrile butadiene styrene market. Complete with SWOT analysis and Porter’s five forces analysis. This report is best suited for every industry enthusiast. The report aims to identify the present state of market, identify the market drivers, pinpoint its inhibitors, mark the opportunities, and provide solutions to deal with threats and weaknesses. This report is especially helpful to ABS manufacturers, dealers, suppliers, and policy makers to make informed decisions based on accurate data.
Brorwse full ABS Market Article: http://www.transparencymarketresearch.com/article/acrylonitrile-butadiene-styrene.htm.
Market Segmentation based on Application and Geography
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