The newly Asa Resin market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
ASA is a copolymer of SAN and acrylic rubber, and it is a highly functional plastic with excellent weatherability while maintaining most of the advantages of ABS. Thanks to its excellent retention of physical properties and appearances in Household applications for a long time, it is used as a material for automobile exterior, construction, and furniture finishing sheet, etc.
On the basis of products, the various types include General, Extrusion, and Heat Resistant. On the basis of application, the Asa Resin market is segmented into Automotive Application, Outdoor Applications, Automotive Exterior Parts, Electrical/ Electronic Applications, and Other.
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According to a new research study, the Asa Resin market size is expected to reach USD 952 million by 2026 from USD 818 million in 2019, with a compound annual growth rate of 2.2% during the forecast period. The growth can be mainly attributed to the increasing demand for Asa Resin in Automotive, Outdoor, Automotive Exterior Parts, and Electrical/ Electronic Applications. With the recovery of the global economy and the development of emerging powers, the Asa Resin market is endowed with a promising future.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
In 2018, the Asa Resin global market was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe. Asia-Pacific is the largest market with a share of 36%, followed by North America and Europe, accounting for 32% and 22% respectively. The rapid industrialization and urbanization in developing economies, such as China and India, are expected to drive the growth of the market.
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The Asa Resin market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Styrolutio, UMG ABS, Ltd., LG Chem, SABIC, and Samsung SDI Chemical. Other prominent vendors in the market are Chi Mei Corporation, Network Company, Kumho Petrochemical, FCFC, Romira, SAX Polymers Industries, JSR Corporation, KUMHO – SUNNY, and others.
Target Audience for this Report
- Asa Resin manufacturers
- Asa Resin importers and exporters
- Asa Resin traders, distributors, and suppliers
- Raw material suppliers of Asa Resin
- Asa Resin industry associations
- Product managers, Asa Resin industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Asa Resin Market
2 Market Trends and Competitive Landscape
3 Segmentation of Asa Resin Market by Types
4 Segmentation of Asa Resin Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Asa Resin Market in Major Countries
7 North America Asa Resin Landscape Analysis
8 Europe Asa Resin Landscape Analysis
9 Asia Pacific Asa Resin Landscape Analysis
10 Latin America, Middle East & Africa Asa Resin Landscape Analysis
11 Major Players Profile
11.1.1 Styrolutio Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 UMG ABS, Ltd.
11.3 LG Chem
11.5 Samsung SDI Chemical
11.6 Chi Mei Corporation
11.7 Network Company
11.8 Kumho Petrochemical
11.11 SAX Polymers Industries
11.12 JSR Corporation
11.13 KUMHO – SUNNY
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Key questions answered in the report
- What will the market size and growth rate be in 2026?
- What segment or region will drive or lead the market growth and what are the reasons?
- How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
- What key strategies are used by top vendors to increase revenue?
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