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Asia to underpin global ABS capacity surge by 2030
Yahoo Finance· 2025-11-18 18:08
Core Insights - Asia is set to lead global acrylonitrile butadiene styrene (ABS) capacity additions by 2030, driven by rising demand from automotive, electronics, and construction sectors [1] - The region is expected to add 3.43 million tonnes per annum (mtpa) of ABS production capacity from 2025 to 2030, with China, Vietnam, and India being the primary contributors [2] Regional Capacity Additions - China will account for the majority of the capacity additions, with 3.05 mtpa from eight upcoming projects by 2030 [2] - The largest capacity increases in China will come from two projects, each with a capacity of 0.60 mtpa, located in Jilin and Fujian provinces [3] - Vietnam's capacity addition will stem from the Stavian Hai Phong ABS Plant, which has a nameplate capacity of 0.20 mtpa [4] - In India, three projects are expected to contribute to capacity additions, with two projects by Supreme Petrochem in Maharashtra (0.07 mtpa each) and one in Madhya Pradesh (0.04 mtpa) [4] Other Regions - Europe is also expected to see capacity additions, specifically from a planned project in Italy, the Versalis Mantova ABS Plant 2, with a capacity of 0.03 mtpa [5]