Indonesia Acrylonitrile butadiene styrene (ABS) Market (2024-2030) Outlook | Value, Share, Revenue, Growth, Companies, Analysis, Forecast, Industry, Size & Trends

Indonesia Acrylonitrile butadiene styrene (ABS) Market Synopsis

Indonesia is one of the major producers and consumers of Acrylonitrile Butadiene Styrene (ABS) in Southeast Asia. The demand for ABS is expected to grow at a healthy rate in Indonesia, driven by increasing automotive production, appliance manufacturing and construction activities. In 2018, according to 6Wresearch, the Indonesia market size for ABS was estimated at USD 1 billion and it reached USD 2 billion in 2020 due to growth from COVID-19 pandemic.

Market Trends

The trend in Indonesia acrylic butadiene styrene (ABS) market has been positive over the past few years owing to robust economic growth as well as rising disposable incomes among Indonesia households. Moreover, government incentives such as tax breaks have further boosted demand for high quality materials used in various industries like electronics industry which contributes largely towards consumption of acrylonitrile butadiene styrene resins across multiple applications such as packaging materials, building & construction products, consumer durable products etc., thus propelling its overall market growth during forecast period 2021?2026. Additionally growing awareness amongst consumers about environment friendly plastics are also anticipated to boost sales volumes of ABS resin within above mentioned application sectors during forecast period 2021 ? 2026.

Market Drivers

Increasing Investments into Automotive Sector: Growing investments into automotive sector has resulted into huge surge in new vehicle production models which uses large number of exterior parts made out using injection moulded resins like acrylonitrile butadiene styrene or reinforced polypropylene composites etc., thereby driving overall consumption levels of said material within same industry consequently creating favourable towards country?s acrylic butadiene styrene resin markets throughout assessment periods & beyond.

COVID-19 Impact on the Market

The impact of COVID-19 on the Indonesia Acrylonitrile butadiene styrene (ABS) market has been significant with demand for ABS significantly decreasing due to disrupted supply chains as well as decreased end user activity. In addition, reduced automotive production and weaker consumer spending have also contributed to lower demand for ABS in Indonesia.

Challenges of the Market

In terms of challenges facing the Indonesia Acrylonitrile butadiene styrene (ABS) market, fluctuating raw material prices pose a major risk given that both acrylonitrile and butadiene are highly volatile commodities. Furthermore, increasing competition from substitute materials such as Polypropylene can further challenge margins in this industry. There is also an expected rise in import tariffs imposed by the government which could put additional cost pressure on companies operating in this space.

Industry Key Players

Some of the key players operating in the Indonesia Acrylonitrile Butadiene Styrene (ABS) market include PT Chandra Asri Petrochemical Tbk., PT Gajah Tunggal Tbk., PP London Sumatra Indonesia Tbk., Sanyo Chemical Industries Ltd., INEOS Styrolution Group GmbH, Polyone Corporation, and Trinseo SA among others.

Key Highlights of the Report:

• Indonesia Acrylonitrile butadiene styrene (ABS) Market Outlook
• Market Size of Indonesia Acrylonitrile butadiene styrene (ABS) Market, 2020
• Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market, 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Revenues & Volume for the Period 2023 - 2027
• Indonesia Acrylonitrile butadiene styrene (ABS) Market Trend Evolution
• Indonesia Acrylonitrile butadiene styrene (ABS) Market Drivers and Challenges
• Indonesia Acrylonitrile butadiene styrene (ABS) Price Trends
• Indonesia Acrylonitrile butadiene styrene (ABS) Porter's Five Forces
• Indonesia Acrylonitrile butadiene styrene (ABS) Industry Life Cycle
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Application for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Appliances for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Electrical and Electronics for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Automotive for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Consumer Goods for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Construction for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Source for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Acrylonitrile for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Butadiene for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Styrene Monomers for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Process for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Extrusion for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Injection Molding for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Additives for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Glass for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Polyvinylchloride (PVC) for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Product Type for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Opaque for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Transparent for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume By Coloured for the Period 2023 - 2027
• Indonesia Acrylonitrile butadiene styrene (ABS) Import Export Trade Statistics
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Source
• Market Opportunity Assessment By Process
• Market Opportunity Assessment By Additives
• Market Opportunity Assessment By Product Type
• Indonesia Acrylonitrile butadiene styrene (ABS) Top Companies Market Share
• Indonesia Acrylonitrile butadiene styrene (ABS) Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Acrylonitrile butadiene styrene (ABS) Company Profiles
• Indonesia Acrylonitrile butadiene styrene (ABS) Key Strategic Recommendations