Market Forecast By Application (Appliances, Electrical and Electronics, Automotive, Consumer Goods, Construction, Others), By Source (Acrylonitrile, Butadiene, Styrene Monomers), By Process (Extrusion, Injection Molding), By Additives (Glass, Polyvinylchloride (PVC), Others), By Product Type (Opaque, Transparent, Coloured) And Competitive Landscape
Product Code: ETC105289 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Acrylonitrile butadiene styrene (ABS) Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.70% in 2028, following an initial rate of 12.88%, before easing to 13.36% at the end of the period.
The Acrylonitrile butadiene styrene (ABS) market in Vietnam is projected to grow at a high growth rate of 14.68% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam acrylonitrile butadiene styrene (ABS) market is experiencing steady growth, driven by the increasing demand for lightweight and durable materials in the automotive, electronics, and consumer goods industries. ABS, known for its excellent mechanical properties, is widely used in the production of various plastic products. Market players are focusing on technological advancements and sustainable practices to meet the evolving needs of end-users. With the ongoing industrialization and urbanization in Vietnam, the ABS market is poised for continuous expansion.
The Vietnam ABS market is primarily driven by the expansion of the manufacturing and construction sectors. ABS is a versatile engineering thermoplastic used in a wide range of applications, including automotive parts, consumer goods, and construction materials. The market growth is closely tied to the overall industrial and economic development of the country.
The Vietnam Acrylonitrile Butadiene Styrene (ABS) market encounters challenges associated with sustainability and environmental concerns. ABS is a commonly used thermoplastic in various industries, but its production and disposal can raise environmental issues. As global awareness of plastic waste and environmental impact grows, there may be increased pressure to develop more sustainable alternatives to ABS or to adopt recycling and disposal practices that minimize ecological harm. Regulatory changes and consumer preferences for eco-friendly materials add to the market`s challenges.
The Vietnam Acrylonitrile Butadiene Styrene (ABS) Market experienced disruptions during the initial phases of the COVID-19 pandemic, primarily due to supply chain interruptions and a decline in consumer demand. ABS, widely used in various industries such as automotive, electronics, and construction, faced challenges as manufacturing activities slowed down. However, as the economy started recovering and industries adapted to new norms, the ABS market regained momentum. The pandemic highlighted the importance of resilient supply chains and increased focus on sustainable and recyclable materials, influencing the strategic decisions of ABS manufacturers. The market is expected to witness a positive trajectory as industries ramp up production and invest in ABS for its versatile applications.
In the ever-evolving market of Acrylonitrile Butadiene Styrene (ABS) in Vietnam, leading players have made significant contributions to the material sciences and manufacturing sectors. Companies like LG Chem, Chi Mei Corporation, and INEOS Styrolution are instrumental in driving the adoption of ABS polymers. Known for their commitment to product quality, innovation, and sustainability, these market leaders cater to a diverse range of industries, including automotive, electronics, and consumer goods. Their continuous efforts in research and development keep them at the forefront of the ABS market, shaping its growth and influencing industry standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market - Industry Life Cycle |
3.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market - Porter's Five Forces |
3.5 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Additives, 2021 & 2031F |
3.9 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ABS in industries such as automotive, electronics, and consumer goods |
4.2.2 Increase in disposable income leading to higher consumer spending on durable goods |
4.2.3 Expansion of manufacturing sector in Vietnam creating more opportunities for ABS usage |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from alternative materials such as polycarbonate and polypropylene |
4.3.3 Environmental concerns and regulations regarding plastic usage affecting ABS demand |
5 Vietnam Acrylonitrile butadiene styrene (ABS) Market Trends |
6 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Types |
6.1 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Appliances, 2021-2031F |
6.1.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.1.5 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.6 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.1.7 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Construction, 2021-2031F |
6.1.8 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.2.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Butadiene, 2021-2031F |
6.2.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Styrene Monomers, 2021-2031F |
6.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Extrusion, 2021-2031F |
6.3.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Additives |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Glass, 2021-2031F |
6.4.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Polyvinylchloride (PVC), 2021-2031F |
6.4.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Others, 2021-2031F |
6.5 Vietnam Acrylonitrile butadiene styrene (ABS) Market, By Product Type |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Opaque, 2021-2031F |
6.5.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Transparent, 2021-2031F |
6.5.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Coloured, 2021-2031F |
7 Vietnam Acrylonitrile butadiene styrene (ABS) Market Import-Export Trade Statistics |
7.1 Vietnam Acrylonitrile butadiene styrene (ABS) Market Export to Major Countries |
7.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Imports from Major Countries |
8 Vietnam Acrylonitrile butadiene styrene (ABS) Market Key Performance Indicators |
8.1 Average selling price of ABS in Vietnam |
8.2 Number of new product launches utilizing ABS |
8.3 Percentage of ABS recycling rate in Vietnam's plastic waste management system |
9 Vietnam Acrylonitrile butadiene styrene (ABS) Market - Opportunity Assessment |
9.1 Vietnam Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Vietnam Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Process, 2021 & 2031F |
9.4 Vietnam Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Additives, 2021 & 2031F |
9.5 Vietnam Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Vietnam Acrylonitrile butadiene styrene (ABS) Market - Competitive Landscape |
10.1 Vietnam Acrylonitrile butadiene styrene (ABS) Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Acrylonitrile butadiene styrene (ABS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |