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    Home > Chemicals Industry > China Chemical > Asia will lead the growth of global ABS production capacity

    Asia will lead the growth of global ABS production capacity

    • Last Update: 2021-11-27
    • Source: Internet
    • Author: User
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    According to Hydrocarbon Processing News on January 19, GlobalData said that by 2024, global acrylonitrile-butadiene-styrene (ABS) production capacity is expected to increase by 19%, from 11.


    According to Hydrocarbon Processing News on January 19, GlobalData said that by 2024, global acrylonitrile-butadiene-styrene (ABS) production capacity is expected to increase by 19%, from 11.


    GlobalData's report "Global Acrylonitrile Butadiene Styrene (ABS) Industry Outlook to 2024-Detailed Capacity and Capital Expenditure Forecasts for All Operating and Planned Plants" shows that Asia is leading the way in ABS capacity increase , Increasing from 9.


    According to GlobalData, in terms of capacity increase, India is the country with the second highest increase in Asia, from 210,000 tons/year in 2019 to 320,000 tons/year in 2024, with an AAGR of 8.


    Malaysia will be the country with the third highest increase in production capacity in the region, from 350,000 tons/year in 2019 to 430,000 tons/year in 2024.
    By 2024, Toray Industries' Prai ABS plant will have a production capacity of 80,000 tons per year.
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