Category: Blogs

Acrylonitrile Butadiene Styrene Market: Global Industry Analysis, The ABS market size was valued at USD 27.09 Bn. in 2020 & it is expected to see a CAGR of 7.1% during the forecast period. Seeing the trivial properties of Acrylonitrile Butadiene Styrene, which helps in great fuel efficiency, demand for the same is expected to rise in the automotive industry. The automotive industry has been facing a major modification over the years & there is a growing trend towards the decrease of automobile weight in order to recover fuel efficiency. A projected 10.0 percent decrease in weight results in about 5 percent to 7 percent fuel saving in an automobile. In adding, the reduced weight assistances control Carbon dioxide emission over the life cycle of the vehicle.