Acrylic Styrene Acrylonitrile (ASA) is a thermoplastic elastomer. This type of copolymer has excellent resistance to UV irradiation, heat, moisture, and stress cracking and probably has the best weathering resistance of all acrylonitrile elastomers. It also has good chemical resistance and high impact strength. Its mechanical properties are very similar to acrylonitrile butadiene styrene (ABS) elastomers.
One of the most important markets for ASAs are automotive body parts such as mirror housings and radiator grills. ASA thermoplastics are also extensively used in the building & construction, appliance, electrical/electronics, and sports goods industries.
According to the different properties, ASA can be divided into general grade, extrusion grade, heat resistant grade and others. General grade is used most widely and the price is the lowest, in 2019, about 52% of the global sale volumes are general grade.
Of the major players of ASA Copolymers, LG Chem maintained its first place in the ranking in 2019. LG Chem accounted for 19% of the ASA Copolymers revenue market share in 2019. Other players accounted for 17%, 16 %, 13% including Chi Mei Corporation, Ineos Styrolution Group, SABIC.
China, United States, Europe, China Taiwan, Japan and Korea are the main manufacturing regions in the world. Considering the consumption region. USA is the largest consumption area, making up 23% in 2019. Europe ranks the second, total ASA Resin accounted for 20%.
Market Analysis and Insights: Global Acrylic Styrene Acrylonitrile (ASA) Market
The global Acrylic Styrene Acrylonitrile (ASA) market was valued at US$ 972.4 in 2020 and will reach US$ 1243.2 million by the end of 2027, growing at a CAGR of 4.2% during 2022-2027.
Global Acrylic Styrene Acrylonitrile (ASA) Scope and Market Size
The global Acrylic Styrene Acrylonitrile (ASA) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Acrylic Styrene Acrylonitrile (ASA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
General Grade ASA
Extrusion Grade ASA
Heat Resistant Grade ASA
Other Grade ASA
Segment by Application
Automotive
Building and Construction
Home Appliances
Sports and Leisure
Consumer Electronics
Others
The Acrylic Styrene Acrylonitrile (ASA) market is analysed and market size information is provided by regions (countries). Segment by Application, the Acrylic Styrene Acrylonitrile (ASA) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
LG Chem
Chi Mei Corporation
Ineos Styrolution Group
SABIC
Techno-UMG Co., Ltd.
KUMHO-SUNNY
Formosa Chemicals & Fibre Corporation
NIPPON A&L
LOTTE Advanced Materials
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng Sci.&Tech
Shandong Novista Chemicals
Summary:
Get latest Market Research Reports on Acrylic Styrene Acrylonitrile (ASA). Industry analysis & Market Report on Acrylic Styrene Acrylonitrile (ASA) is a syndicated market report, published as Global Acrylic Styrene Acrylonitrile (ASA) Sales Market Report 2021. It is complete Research Study and Industry Analysis of Acrylic Styrene Acrylonitrile (ASA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.