Epoxy curing agent News The global MABS resin market is highly concentrated and the domestic market is small.

The global MABS resin market is highly concentrated and the domestic market is small.

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The global MABS resin market is highly concentrated and the domestic market is small

Methyl methacrylate-acrylonitrile-butadiene-styrene (MABS) is a special ABS product produced by adding PMMA to ABS plastic. Compared with ordinary ABS, it has better mechanical properties and impact resistance. , transparency is also relatively high. Transparent ABS resin is usually divided into two types, namely MABS and MBS. The light transmittance of MABS is as high as more than 80%, so it accounts for a relatively high proportion in the field of ABS transparent resin, and the MABS industry has developed to a certain extent.
MABS resin is a high-strength plastic with both mechanical properties and transparency. Therefore, it has a wide range of applications. It can be used in light and light-emitting primary tubes, as well as in high value-added fields such as home appliances, IT equipment, and medical care. In the world, MABS resin industrialization is relatively late. After several years of rapid development, the global MABS resin market size in 2020 will be approximately 2.6 billion yuan. In the future, with the upgrading and development of my country’s traditional industries, the demand for MABS resin applications will continue to rise. The global The MABS resin market size is still growing at a small rate. It will reach about 3.5 billion yuan by 2026.
According to the “China MABS Resin Industry Market Segment Demand and Development Opportunities Research Report 2021-2026” released by the Industrial Research Center, Due to its high impact resistance and heat distortion temperature, MABS resin still has advantages over products such as ABS and PMMA, so it has high demand for future applications. Currently, MABS resin is mainly used in home appliances, toys and 3C fields. Among them, the home appliance field has the highest application demand. In 2020, the demand for MABS resin in the home appliance field will reach about 90,000 tons.
Due to production technology limitations, my country’s MABS resin industry has developed relatively late, with low production capacity and output. Currently, the main production areas of MABS resin in the world are Taiwan, South Korea, Japan and Malaysia. The above four major regions supply more than 90% of the world’s MABS resin. Among them, South Korea is the world’s largest MABS resin market, with a market share of about 32%, followed by Japan and Malaysia, with a total market share of about 46%. my country’s current demand for MABS resin mainly relies on imports.
The global MABS resin market is relatively concentrated, mainly occupied by Chi Mei Industrial, Denka, Toray, Taiwan Chemical, LG Chem, Japan Techno and other companies. Among them, Chi Mei Industrial, Toray and LG Chem account for more than 70% of the market, and the market concentration is relatively high. high. Due to production technology limitations, the domestic MABS resin market demand relies on imports. Under the influence of high costs, MABS resin has limited domestic market development space, and the market development space is small.
Industry analysts said that the domestic production capacity and output of MABS resin are low, and there are few promotion and applications. The market size is small. There are not many opportunities for development. In terms of production, the current global MABS resin market is highly concentrated and is mainly occupied by Japanese and Korean companies. In terms of application, MABS resin is mainly used in the field of home appliances, and the market application scale is limited. Generally speaking, my country’s MABS resin production is small and the scale is small. Since MABS resin is not unique, the market demand is small and the future market development space is small.
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