Analysis of Methacrylate Butadiene Styrene market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
MBS’s unique combination of properties such as transparency enhancement, impact resistivity and excellent mechanical properties, make it a material of choice as an impact modifier in PVC resins.
Driven by the rising demand for PVC, the global methacrylate butadiene styrene (MBS) market was valued at around US$ 850 Mn in 2018.
Building and construction sector dominated the MBS market in 2018 and will continue as a frontrunner over the forecast period with an incremental opportunity worth nearly US$ 321 Mn till 2029
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China is the world’s largest PVC producer and accounts for more than half of the global PVC production. The region also consumes close to 50 % of global Methacrylate Butadiene Styrene.
The average selling price for MBS is lesser in this region as compared to countries in Latin America and North America where demand is more and supply is sluggish.
Currently, nearly 40% of disposable medical kits are made up of PVC. An upsurge in the demand for quality healthcare will contribute to the methacrylate butadiene styrene market’s growth.
Since, most of PVC based auto-components need to exhibit high impact resistance properties, the use of methacrylate butadiene styrene is evident in automotive.
Bio based polymers are urging the need for enhanced and compatible impact modifiers which would decrease the consumption of methacrylate butadiene styrene. For instance, companies like Arkema and Dow have invested in a new range of impact modifiers to meet the demand for impact modifiers compatible with biopolymers.
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The region is forecast to create an incremental opportunity of over US$ 120 Mn by the end of 2029. The growth is backed by the growing demand for PVC from a range of end use industries like building & constru.
Fact.MR has segmented the methacrylate butadiene styrene market on the basis of end use and region.
Existing predictions of the methacrylate butadiene styrene market, encompassing current as well as forthcoming values estimates, analysis on region-wise demand trends, and price index have been assimilated in the report.Methacrylate Butadiene Styrene Market: Analysis on Market Size Evaluation
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Asia Pacific holds the largest market share and expected to witness incremental opportunity of over US$ 120 Million by the end of 2029
The global market is segmented on the basis of end use and region.
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