Title: Sub-Saharan Africa Acrylonitrile-Butadiene-Styrene Market - Forecast (2022 - 2027)
1Sub-Saharan Africa Acrylonitrile-Butadiene-Styrene
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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- Sub-Saharan Africa acrylonitrile-butadiene-styrene
market size is forecast to reach US206.4
million by 2026, after growing at a CAGR of 2.6
during 2021-2026. Acrylonitrile-butadiene-styrene
(ABS) is one of the best thermoplastic polymer
ideal for probable nanoporous material
preparations in energy conversion and storage
units due to its high moulding behavior. - The major factor driving the market growth is the
rising demand for lightweight automobiles, which
help to reduce fuel consumption. Furthermore,
lowering the weight of a vehicle helps to reduce
carbon dioxide emissions.
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- Key Takeaways
- South Africa dominated the Sub-Saharan Africa
acrylonitrile-butadiene-styrene market owing to
the rising growth of the automotive, electrical
and electronics, construction, and other end-use
industries in the country.. - Increasing demand for acrylonitrile-butadiene-styr
ene because of its high mechanical strength and
light weight in the vacuum construction of pipes
and fittings is estimated to drive the market
growth.
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By Distribution Channel- Segment
Analysis Consumer appliance sector held the
largest share in the Sub-Saharan Africa
acrylonitrile-butadiene-styrene market in 2020
and is anticipated to grow at a CAGR of 2.1
during the forecast period 2021-2026. Microwave
ovens, dryers, toasters, vacuum cleaners, washing
machines, and refrigerators are among the many
appliances that use ABS.
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Sub-Saharan Africa Acrylonitrile-Butadiene-Styrene
Market Landscape
- Sabic
- Ineos Styrolution Group GmbH
- Trinseo
- Chei Mei Corporation
- Ashland Inc
- Covestro
- Styrolution Group
- CCP Composites
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Sub-Saharan Africa Acrylonitrile-Butadiene-Styren
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