Release date:2025-03-15
industry:Recycled ABS resins
Recycled ABS resins refer to reprocessed acrylonitrile-butadiene-styrene (ABS) thermoplastic materials derived from post-consumer or post-industrial waste, such as discarded electronics, automotive components, and household items. Through processes including sorting, cleaning, shredding, and re-extrusion, the recycled ABS regains its moldability, impact resistance, and thermal stability. To address potential degradation during recycling, additives or reinforcements may be incorporated. These resins are widely used in automotive, electronics, and construction industries, offering a sustainable alternative to virgin plastics by reducing environmental footprint and promoting circular economy practices.
Recycled ABS Resins Market Drivers:
Recycled ABS Resins Market Challenges:
Recycled ABS Resins Future Technological Trends:
Global Recycled ABS Resin Market Size Analysis and Future Forecast:
According to PACO Research's statistics and forecasts, the global recycled ABS resin market is experiencing steady expansion. In 2024, the market size is approximately USD 1.192 billion and is expected to reach USD 1.731 billion by 2031, with a compound annual growth rate (CAGR) of 5.6% from 2025 to 2031.
The Asia-Pacific region serves as the primary growth driver of the global recycled ABS resin market, with China, Japan, and South Korea leading due to their well-established recycling infrastructure and strong downstream demand. China, as the world’s largest producer and consumer of ABS, is experiencing rapid market expansion driven by government policies and environmental regulations. The European market benefits from strict environmental laws and circular economy initiatives, encouraging companies to adopt sustainable materials. Meanwhile, North America sees steady demand growth, supported by advanced recycling technologies and major manufacturers investing in sustainable solutions.
Global Recycled ABS Resin Market Major Players:
According to PACO Research's Recycled ABS Resin report, the key market players include LG Chem, CHIMEI, Lotte Chemical, Techno-UMG (JSR), Toray, MBA Polymers, INEOS Styrolution, Kingfa, Formosa Chemicals, Trinseo, SABIC, Guangdong Rhino New Material Technology, Youhe/Youho (Guoheng), ELIX Polymers, Axion, Veolia, Kumho Sunny, Zhaoqing Hongzhan Hardware Plastic, Versalis (Eni), Jiangxi Green Recycling (GER), GRM Polymer, CT Polymers, SAX Polymers (Hromatka), and Kinggor.
Conclusion:
The global recycled ABS resin market is experiencing steady growth, driven by environmental regulations, technological advancements, and increasing demand from downstream industries. As the circular economy concept continues to evolve, companies are expected to enhance recycling technologies and improve product performance to meet broader application needs. Additionally, stronger policy support and market regulations will contribute to industry standardization and further expand the global adoption of recycled ABS resins. Looking ahead, the market will face both opportunities and challenges as sustainability goals drive further development.