The Market Reports

Synopsis
The global market for ASA Resin was estimated to be worth US$ 1111 million in 2024 and is forecast to a readjusted size of US$ 1567 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on ASA Resin cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
ASA resin is an impact-modified resin copolymerized from ternary polymers such as styrene, acrylonitrile and acrylic rubber. Compared with ABS resin, ASA resin has about ten times better weather resistance and UV radiation resistance than ABS because the acrylic rubber does not contain double bonds. It can still maintain color stability, gloss and mechanical properties under long-term exposure to outdoor environments such as ultraviolet rays, moisture, heat, cold and impact. It is often used in automotive exterior decorative components, such as automotive rearview mirror housings, window lines, extruded solid profiles of door profiles, bumpers, etc. Due to its excellent weather resistance and mechanical properties, it can adapt to the use requirements of automobiles in various harsh environments. It can also be used to manufacture house sidings, windows, rainwater gutter systems, fences, etc. In outdoor buildings, ASA resin can maintain good performance and appearance for a long time and reduce maintenance costs. In general, ASA resin is an excellent engineering plastic with good weather resistance, mechanical and physical properties and processing properties, and is widely used in many fields.
Automobile is the largest application field of ASA resin. Due to the huge automobile market, there is a large demand for resin for parts such as rearview mirrors, tailgates, and car lampshades. The weather resistance and impact resistance of ASA resin can meet the requirements of outdoor use of automobile parts. With the advancement of technology and the development of the market, the application of ASA resin in medical, new energy and other fields is also gradually increasing, bringing new growth points to the market. China's ASA resin industry started late, and early products mostly relied on imports. However, after nearly ten years of development, the number of local companies has continued to increase, and some companies have the ability to mass produce products. With the advantages of localization and cost control, they have occupied a certain share in the domestic market. With the continuous transfer of global industries, China is expected to gradually become the world's largest ASA resin producer in the future. At the same time, the economies of Southeast Asia, India and other regions have great development potential, and will become important demand areas for ASA resin in the future.
Global core ASA resin manufacturers include LG Chem, Ineos Styrolution etc.The top 5 companies hold a share about 65%.China is the largest market, with a share about 30%, followed by North America and Europe with the share about 22% and 17%.In terms of product, heat resistant grade is the largest segment, with a share over 40%. And in terms of application, the largest application is automobile, followed by architectural engineering.
This report aims to provide a comprehensive presentation of the global market for ASA Resin, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of ASA Resin by region & country, by Power, and by Application.
The ASA Resin market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ASA Resin.
Market Segmentation
By Company
LG Chem
Ineos Styrolution
SABIC
Techno-UMG
NIPPON A&L
KUMHO-SUNNY
FCFC
Qingdao future Chemical
LOTTE Advanced Materials
CHIMEI
Chuangmei Technology
A. Schulman (LyondellBasell)
Romira
SAX Polymers Industries
Run Feng
KINGFA
Segment by Power
Extrusion Grade
Heat Resistant Grade
Flame Retardant Grade
General Grade
Segment by Application
Automobile
Architectural Engineering
Consumer Electronics and Home Appliances
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of ASA Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Power, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of ASA Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of ASA Resin in country level. It provides sigmate data by Power, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index