Belgium Acrylonitrile Butadiene Styrene demand stood at 70.5 Thousand Tonnes in 2020 and is forecast to reach 104.4 Thousand Tonnes by 2030, growing at a healthy CAGR of 3.77% until 2030. The market growth attributes to surging demand from the automotive, electronic, and transport sectors. Due to rapid growth in the automotive sector, the demand for automobiles increased which escalated the demand for ABS in Belgium. The development of new technologies aids the electronic sectors that surged the demand for ABS in Belgium. The increasing demand for automobiles raises the requirement for the product in the transport sector. The outbreak of COVID-19 in 2020 disrupted the economy. The market growth was affected drastically, and production units shut down. Furthermore, the major market players intentionally halted the production keeping their employees’ health and wellness in mind. With imposed new regulations of the COVID-19 and proper precautions, the market is anticipated to regain its growth in the years to come. Once the market regains the full function of its production unit, the market is bound to show robust growth in the forecast period. Potential investment in the market is expecting steady growth in the market in the forecast period, until 2030.
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Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
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Deliverables
? Installed Capacity By Company: Installed capacity within the country along with the individual capacity of leading players
? Installed Capacity By Location: Installed capacity at several locations across the country
? Installed Capacity By Process:
Installed capacity by different processes
? Installed Capacity By Technology: Installed capacity by different technologies being used to produce Ethylene Vinyl Acetate
? Production By Company: Actual production done by different companies
? Operating Efficiency By Company: Operating efficiency at which different companies are operating their plants
? Demand By End-Use: Demand/Sale of Acrylonitrile Butadiene Styrene in different end-user industries across the country
? Demand By Sales Channel: Demand/Sale of Acrylonitrile Butadiene Styrene by different sales channels across the country
? Demand By Region: Demand/Sale of Acrylonitrile Butadiene Styrene in different regions of the country
? Country-Wise Exports: Exports of Acrylonitrile Butadiene Styrene by Different Countries
? Country-Wise Imports: Imports of Acrylonitrile Butadiene Styrene by Different Countries
? Demand & Supply Gap: Demand & Supply Gap at country level
? Market Share of Leading Players: Revenue shares of leading players in the country
? News & Deals: Historical & Current News & Deals in the Acrylonitrile Butadiene Styrene market
To extract data for the Belgium Acrylonitrile Butadiene Styrene market, the ChemAnalyst team conducts primary research surveys with Acrylonitrile Butadiene Styrene manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.