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Recycled Acrylonitrile Butadiene Styrene (RABS) Price Trend and Forecast
Recycled Acrylonitrile Butadiene Styrene (RABS) Price Trend and Forecast
RABS Regional Price Overview
Get the latest insights on price movement and trend analysis of Recycled Acrylonitrile Butadiene Styrene (rABS) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Recycled Acrylonitrile Butadiene Styrene (RABS) Price Trend for the Second Half of 2023
Just like its virgin counterpart the Recycled Acrylonitrile Butadiene Styrene (RABS) is also very versatile in its application and possesses a good shelf life. It is one of the most commonly used plastics in a wide array of industries. So, their price trend is usually dependent on the consumption patterns of the end-user industries. However, during the given period, since the consumption was rather lukewarm, the supplies drove the market sentiments.
Recycled Acrylonitrile Butadiene Styrene (RABS) Price Chart
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A carefree approach regarding supplies cost the suppliers a little during this time. Since the demands wavered at the lower than usual levels, the prices also followed along. Even when the orders came in, the inventory levels easily catered to the demands and kept the prices low; further, the suppliers also cut down prices in hopes of positive product movement. Overall, an underwhelming market situation was witnessed for rABS in H2’23.
Analyst Insight
According to Procurement Resource, the Recycled Acrylonitrile Butadiene Styrene (rABS) price trends are likely to stabilize going forward since the demand is expected to rise again.
Recycled Acrylonitrile Butadiene Styrene Price Trend for the First Half of 2023
Recycled acrylonitrile butadiene styrene is used in the production of several automotive parts, toys, sheets, and related products that require high resistance to impact. The price trend of recycled acrylonitrile butadiene styrene in Europe continued to fall in the first two quarters of 2023. Due to the persistently weak demand for recycled plastics brought on by the European economy's stagnation, as well as competition from cheaper off-spec virgin polymers and imported products, prices for recycled plastics are under significant pressure.
At the same time, despite many recyclers reducing output to prevent an accumulation of stockpiles, sluggish demand resulted in a surplus supply situation. This led to overall weak market sentiments, which affected not only the demand but also the related production activities, where investors seemed reluctant to invest in this sector.
Analyst Insight
According to Procurement Resource, the price of Recycled Acrylonitrile Butadiene Styrene is expected to fluctuate amid weak market sentiments and high uncertainties in the economic sectors.
Procurement Resource provides latest prices of Recycled Acrylonitrile Butadiene Styrene (rABS). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About RABS
Acrylonitrile butadiene styrene (ABS) is an amorphous thermoplastic copolymer; recycled ABS is usually made via mechanical recycling technology. The post-industrial post-consumer ABS waste is typically derived from non-food-grade production residues, cuts of thermoformed sheets, injection moulded parts, sprue of acrylic-bonded or mineral-filled ABS, electrical and electronic waste, pipes, etc.
RABS Product Details
| Report Features | Details |
| Product Name | Recycled Acrylonitrile Butadiene Styrene (rABS) |
| Industrial Uses | Employed for the production of Auto parts, pipe fittings, plastic tubing and corrugated structures, computer keyboard components, electrical housings, consumer goods, Lego toys, plastic socket facial guards, hard hats and helmets, printers, vacuum cleaners, musical instruments, utensils, and fax machines, 3D printing. |
| Chemical Formula | (C8H8·C4H6·C3H3N)n |
| CAS Number | 9003-56-9 |
| Synonyms | 2-propenenitrile, polymerwith1, 3-butadieneandethenylbenzene; ABS; abscopolymer; absresin; absresins; acrylonitrile, polymerwith1, 3-butadieneandstyrene; acrylonitrile-butadiene-styrenecopolymers; Acrylonitrile-butadiene-styreneterpolymer; buta-1,3-diene; prop-2-enenitrile; styrene; Abs Resins |
| HS Code | 39033000 |
| Molecular Weight | 211.3022 g/mol |
| Supplier Database | LG Chemicals, Asahi Kasei Corporation, KUMHO PETROCHEMICAL, BASF SE, SABIC, CHIMEI, Formosa Plastics Corporation, DuPont, INEOS Styrolution Group GmbH, and Trinseo. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
RABS Production Processes
Recycled ABS (Acrylonitrile Butadiene Styrene) is produced through a systematic process involving collection, sorting, shredding, cleaning, melting, extrusion, and optional compounding. The resulting ABS pellets or compounded materials are used in various manufacturing processes to create new ABS-based products.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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