India Acrylonitrile Butadiene Styrene Market (2025-2031) Outlook | Revenue, Size, Growth, Value, Forecast, Analysis, Companies, Trends, Share & Industry

India Acrylonitrile Butadiene Styrene Market Import Shipment Trend (2020-2024)

The India acrylonitrile butadiene styrene market import shipment demonstrated robust growth with a notable CAGR between 2020-2024. The growth rate accelerated further from 2023 to 2024, indicating an expanding market trend with increasing momentum during this period.

India Acrylonitrile Butadiene Styrene Market Synopsis

The India acrylonitrile butadiene styrene (ABS) market is estimated to be valued at US$ 1.9 billion in 2025 and is projected to register a CAGR of 9.4% during the forecast period (2025?2031). This can attributed to increasing demand from automotive manufacturers for ABS resins owing to their excellent performance characteristics, such as high impact strength, chemical resistance, and dimensional stability. Moreover, growing use of ABS resins in medical devices and consumer electronics products is expected to fuel the growth of the market over the coming years.

Drivers of the market

The India acrylonitrile butadiene styrene (ABS) market is witnessing significant growth as the plastics and polymer industries utilize ABS in various applications. This market`s outlook is driven by factors such as the increasing demand for ABS in automotive, electronics, and consumer goods manufacturing, the growth of the manufacturing and construction sectors, and the adoption of ABS for its high impact resistance, toughness, and versatility. Additionally, the development of recycled and sustainable ABS materials and the rising focus on lightweight and eco-friendly plastic solutions are further contributing to market growth.

Challenges of the Market

The India acrylonitrile butadiene styrene (ABS) market is witnessing significant growth as industries seek high-performance and durable thermoplastics. This market`s outlook is driven by factors such as the increasing demand for ABS in automotive, electronics, and consumer goods, the growth of the manufacturing and industrial sectors, and the adoption of ABS for its excellent mechanical and thermal properties. Additionally, the development of flame-retardant and eco-friendly ABS grades and the rising focus on lightweight and sustainable materials are further contributing to market growth. However, the market also faces challenges such as the fluctuating prices of raw materials and the need for efficient recycling and waste management practices.

Covid-19 Impact on the Market

The India acrylonitrile butadiene styrene (ABS) market is experiencing growth as the plastics and automotive industries utilize the material for various applications. This market`s outlook is driven by factors such as the increasing demand for ABS in automotive components, appliances, and consumer goods, and the adoption of the material for its excellent mechanical properties and impact resistance. Additionally, the development of bio-based and recycled ABS and the rising focus on sustainable plastics are further contributing to market growth. The market faced challenges during the COVID-19 pandemic due to disruptions in manufacturing activities and supply chain challenges. However, it is expected to recover as economic conditions improve and demand for plastics and manufactured goods resumes.

Key Players of the Market

In the India acrylonitrile butadiene styrene (ABS) market, key players are actively engaged in providing ABS resins and compounds used in various industries, including automotive, electronics, and consumer goods. Companies like LG Polymers India Pvt. Ltd., INEOS Styrolution India Limited, and Supreme Petrochem Ltd. are significant players in the sector. These companies manufacture and supply ABS resins and compounds that exhibit excellent mechanical properties and impact resistance.

Key Highlights of the Report:

• India Acrylonitrile Butadiene Styrene Market Outlook
• Market Size of India Acrylonitrile Butadiene Styrene Market, 2024
• Forecast of India Acrylonitrile Butadiene Styrene Market, 2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Revenues & Volume for the Period 2021-2031
• India Acrylonitrile Butadiene Styrene Market Trend Evolution
• India Acrylonitrile Butadiene Styrene Market Drivers and Challenges
• India Acrylonitrile Butadiene Styrene Price Trends
• India Acrylonitrile Butadiene Styrene Porter's Five Forces
• India Acrylonitrile Butadiene Styrene Industry Life Cycle
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Appliances for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Consumer Goods for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Construction for the Period 2021-2031
• Historical Data and Forecast of India Acrylonitrile Butadiene Styrene Market Revenues & Volume By Others for the Period 2021-2031
• India Acrylonitrile Butadiene Styrene Import Export Trade Statistics
• Market Opportunity Assessment By Application
• India Acrylonitrile Butadiene Styrene Top Companies Market Share
• India Acrylonitrile Butadiene Styrene Competitive Benchmarking By Technical and Operational Parameters
• India Acrylonitrile Butadiene Styrene Company Profiles
• India Acrylonitrile Butadiene Styrene Key Strategic Recommendations