Acrylonitrile Butadiene Styrene Market Size

Acrylonitrile Butadiene Styrene Market size was valued at USD 30.86 billion in 2024 and is set to exceed USD 70.83 billion by 2037, registering over 6.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of acrylonitrile butadiene styrene is estimated at USD 32.49 billion.

The growth of the market can be attributed to the immense opportunity for the development of the sports sector, which is estimated to boost the market’s growth in the coming years. For instance, as per the estimations, the from sports and recreation activities industry total income has increased to more than USD 13 billion in the year 2020. Further, since it has lightweight qualities, therefore acrylonitrile butadiene styrene (ABS) is expected to witness an increased demand in the automobile industry. ABS is employed in the production of a variety of vehicle components, such as seats, bumpers, dashboards, center consoles, interior trim, headliners, and lighting.

In addition to these, factors that are believed to fuel the market growth of acrylonitrile butadiene styrene (ABS) include the surging penetration of acrylonitrile butadiene styrene in the form of pipes and fittings in the construction sector, coupled with escalating demand for ABS materials from several end-use industries, including the electrical and electronics industry. In addition to this, growing consumer spending capacity, and the rising middle-class population is also expected to drive the growth of the global acrylonitrile butadiene styrene market during the coming years. For instance, the global middle-class population is estimated to rise from 7.5 billion in 2020 to 8 billion in 2030, with consumer spending of USD 40 trillion. Besides this, rising demand for household appliances is another key factor that is estimated to spur the global acrylonitrile butadiene styrene market size over the forecast period.