Multiple research reports have been released in recent months that suggest the market for ABS plastic sheet companies is poised for growth. By understanding the trends and opportunities in the industry, ABS plastic sheet companies can be better equipped to position themselves for growth and success as well.
For example, research from Global Market Insights predicts that the market for ABS plastic sheets and similar materials will experience a 6 percent compound annual growth rate between 2016 and 2024. More specifically, the market size for ABS plastic in 2015 was $22.3 billion USD. And it’s predicted to grow up to $38 billion USD in 2024. It mainly cited several of the industries where ABS is commonly used and their potential impact on emerging markets in the coming years as the reason for this predicted growth. These include areas like construction, electronics, automotive, and appliances.
Post time: Nov-01-2022