Highlights
In 2023, China’s ABS industry ushered in the peak of capacity expansion. New capacity came onstream intensively, so the supply continued to grow. China’s domestic ABS market has become increasingly competitive. As downstream demand expanded gradually, the supply-demand mismatch in the ABS market deepened, and industry profitability continued to fall. The industry prosperity has dwindled as a result of rising losses. The market’s supply-demand imbalance has worsened, and the ABS market price has been under pressure during the year. However, as the price dropped to a historical low, eroding the profits of ABS producers, the underpinning of cost became prominent. During the period, the ABS market price recovered in stages, but the timing and space were insufficient. In response to the sales pressure brought about by competition, ABS producers adopted flexible and changeable sales strategies. On the downstream side, new energy vehicles have become a bright spot in the industry under support of policy such as bringing automobiles to the countryside. Home appliances were affected by channel replenishment and high temperature weather, and the demand for air conditioners and refrigerators increased significantly. Downstream demand for building materials was quite low. The industry has undergone dramatic changes with increased competition.
In the next five years, the ABS industry will still be expanding on a large scale, and it is expected that China’s ABS capacity will reach a scale of 10 million mt/a. With the rapid expansion of the industry and the increasingly saturated domestic supply, the ABS industry will be reshuffled in the future. Is the era of red sea competition coming? Can the balances and changes of all forces bring new opportunities for the development of the industry? With many questions, the SCI ABS Market Annual Report provides a comprehensive and detailed data analysis to sort out the new changes and characteristics of the industry landscape and predict the future development trend of the industry.
Report Value
1) To clearly understand ABS supply and demand trends through supply and demand balance analysis
2) To monitor ABS market drivers across the industry chain through upstream and downstream development trend analysis
3) To dissect the important time and reason for data changes from different angles
4) To forecast the future market development logic and direction through multi-faceted and all-around market analysis
Contents
Part 1 ABS Market Overview
Part 2 2019-2023 ABS Supply-Demand Balance Analysis
Part 3 ABS Supply Pattern and Change Trend Analysis
3.1 Global ABS Capacity Analysis
3.2 2019-2023 China ABS Capacity Change Analysis
3.2.1 China ABS Capacity Development Trend Analysis
3.2.1.1 ABS Capacity Development Trend Analysis
3.2.1.2 ABS Capacity Concentration Rate Analysis
3.2.1.3 ABS Existing Capacity Technology Structure Analysis
3.2.1.4 ABS Existing Capacity (and Technology)
3.2.2 China ABS Capacity Regional Distribution Analysis
3.2.2.1 ABS Regional Capacity Analysis
3.2.2.2 ABS Costal Capacity Analysis
3.2.3 2023 China ABS Resource Flow Analysis
3.2.3.1 China ABS Main Production Area and Output
3.2.3.2 China ABS Resource Flow Feature and Influence
3.2.4 2024-2028 China Newly Added Capacity
3.2.4.1 2024-2028 China ABS Capacity Forecast
3.2.4.2 2024 New Capacity Research
3.3 2019-2023 China ABS Output Change Analysis
3.3.1 2019-2023 China ABS Output
3.3.1.1 China ABS Annual Output Change Trend and Capacity Utilization Rate
3.3.1.2 China ABS Annual Output Change by Region
3.3.2 2023 China ABS Production Feature and Reason
3.3.2.1 2023 ABS Monthly Output Change Feature and Influence
3.3.2.2 2023 ABS Production High-Frequency Data Feature
3.4 2019-2023 China ABS Import Market Analysis
3.4.1 2019-2023 China ABS Import Data Analysis
3.4.1.1 China ABS Import Volume Trend Analysis
3.4.1.2 China ABS Import Structure Analysis by Trade Partner
3.4.1.3 China ABS Import Structure Analysis by Place of Receipt and Trade Mode
3.4.2 2023 China ABS Import Volume Change Analysis
3.4.2.1 ABS Monthly Import Volume and Feature Analysis
3.4.2.2 2023 ABS Imports’ Impact on China’s Total Supply
3.5 2023 ABS Inventory Change Analysis
3.5.1 ABS Inventory Index Change and Trend Analysis
3.5.2 Analysis of the Relationship Between Inventory Change and Price
3.6 ABS Warehouse Logistics Status Analysis
3.7 2024 China ABS Supply Forecast
3.7.1 2024-2028 Total Supply Forecast
3.7.2 2024 Monthly Supply Forecast and Impact Forecast on Price
Part 4 ABS Demand Pattern and Change Trend Analysis
4.1 2019-2023 China ABS Consumption Volume Change Trend Analysis
4.1.1 China ABS Consumption Volume Change and Trend
4.1.2 China ABS Main Downstream Industry Demand Change and Characteristics Analysis
4.1.3 China ABS Downstream Industry Distribution and Regional Consumption Structure
4.1.4 2023 China ABS Main Downstream Customer Scale and Demand Change Analysis
4.1.5 2023 ABS Downstream Key Region Customer Scale Analysis
4.2 2019-2023 China ABS Export Market Analysis
4.2.1 2019-2023 China Export Data Analysis
4.2.1.1 China ABS Export Volume Trend Analysis
4.2.1.2 2023 China ABS Export Structure Analysis by Trade Partner
4.2.2 2023 China ABS Export Volume Change Analysis
4.2.2.1 ABS Monthly Export volume and Feature Analysis
4.2.2.2 2023 ABS Exports’ Impacts on China’s Total Demand
4.3 2024-2028 ABS Downstream Industry Consumption Forecast
4.4 2024-2028 ABS Consumption Volume Forecast
4.4.1 China ABS Consumption Volume Change Trend Analysis
4.4.2 ABS Export Volume Change Trend Analysis
4.5 ABS Demand Peak and Slack Season Analysis
4.5.1 ABS Demand Peak and Slack Season Feature Analysis
4.5.2 ABS Demand Peak and Slack Season from Price Perspective
4.6 Downstream Procurement Key Factors Analysis
4.7 Operation Risk and Barrier Analysis
Part 5 China ABS Price Trend Analysis
5.1 2019-2023 China ABS Market Price Analysis
5.1.1 ABS Price Change Feature
5.1.1.1 General Rrice Trend Feature Analysis
5.1.1.2 Main Regional Price Feature Analysis
5.1.2 2023 Annual ABS Price Trend Seasonal Characteristics
5.2 Related Product Price Co-Movement Analysis
5.2.1 ABS and Main Feedstock Styrene Price Co-Movement Analysis
5.2.2 ABS and Related Product Price Co-Movement Analysis
5.3 ABS Cost and Profit Analysis
5.3.1 ABS Cost Structure and Feature Analysis
5.3.1.1 ABS Cost Composition and Change Analysis
5.3.1.2 Regional Cost Difference Analysis
5.3.2 ABS Profit Change and Impact Analysis
5.3.2.1 ABS Profit Trend and Feature Analysis
5.3.2.2 Impact of Profit Change on Producers’ Production
Part 6 ABS Industry Outlook
6.1 2024-2026 ABS Price Forecast
6.2 ABS Price Driver Development Trend Forecast
6.2.1 Marco Economy’s Influence on ABS Market
6.2.2 Industrial Policy’s Influence on ABS Market
6.2.3 2024-2028 China ABS Supply and Demand Balance Forecast
6.2.3.1 2024-2028 China ABS Supply and Demand Balance Trend and Feature Forecast
6.2.3.2 2024 Supply and Demand Balance Forecast
6.2.4 ABS Market Competition Pattern Analysis
6.2.4.1 2024-2028 China ABS Trade Flow Forecast
6.2.4.2 SCI Monitoring Enterprise Business Trend Analysis
6.2.5 Value Chain Analysis and Forecast
6.2.6 Related Product Price Co-Movement Analysis and Forecast
6.3 Impact of Main Driver on 2024 ABS Price
Appendix 1 ABS Industry Highlights
Appendix 2 Methodology and Related Definition
Appendix 3 Tables, Charts and Enterprises
Appendix 4 Related Annual Reports
2023-2024 China Styrene Market Annual Report
2023-2024 China PS Market Annual Report
Legal Statement