Acrylonitrile Butadiene Styrene Market Is Expected To Value At USD 34.88 Billion By 2022
The global acrylonitrile butadiene styrene market size is expected to value at USD 34.88 billion by 2022. The market is subject to witness a substantial growth due to the increasing need in automotive sector for light weight automobile parts and construction sector. Rising adoption of the acrylonitrile butadiene styrene in industry goods, various equipment, automobile ancillaries, and construction instruments to achieve lightweight and high tensile strength, is significantly contributing to market growth over the forecast period. Growing importance to light-weight automobile parts to limit carbon dioxide emission rate. Ever increasing greenhouse gas emission as per the International Energy Agency (IEA) is a key driving factor for growth of the acrylonitrile butadiene styrene market. Furthermore, numerous advantages associated with the adoption of the lightweight parts in the automotive industry, is propelling expansion of the market in recent years. Globally, the market is predic...