Top 10 Companies in the Heat Resistant Grade ASA Industry (2023-2028): Market Leaders Powering Advanced Material Solutions

In Business Insights
November 17, 2025


The Global Heat Resistant Grade ASA Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.8 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2023–2028). This robust growth is being driven by increasing demand from the automotive sector for durable exterior parts, stringent building codes requiring high-performance construction materials, and the expanding consumer electronics industry’s need for heat-stable components.

As industries worldwide prioritize durability, weatherability, and thermal stability in their products, the spotlight is on the key polymer manufacturers who are driving material innovation and technological advancement. In this blog, we profile the Top 10 Companies in the Heat Resistant Grade ASA Industry—a group of chemical giants and specialty compounders shaping the future of high-performance plastics.

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2023-2028 Global and Regional Heat Resistant Grade ASA Industry Status and Prospects Professional Market – View in Detailed Research Report


🔟 1. LG Chem

Headquarters: Seoul, South Korea
Key Offering: High-heat ASA resins, ASA/PC alloys

LG Chem is a global leader in advanced materials, offering a comprehensive portfolio of heat resistant ASA grades known for excellent weathering resistance and thermal stability. Their materials are extensively used in automotive exterior parts, building components, and outdoor electronic enclosures.

Innovation Initiatives:

  • Development of ultra-high heat ASA grades for under-the-hood automotive applications

  • Investment in sustainable ASA production technologies

  • Strategic partnerships with global automotive OEMs


9️⃣ 2. Ineos Styrolution Group

Headquarters: Frankfurt, Germany
Key Offering: Luran® S ASA resins, specialty ASA compounds

Ineos Styrolution is one of the world’s leading producers of styrenic polymers, with their Luran® S ASA being an industry benchmark for weatherability and heat resistance. The company serves global markets with tailored solutions for demanding applications.

Innovation Initiatives:

  • Continuous improvement of heat deflection temperatures in ASA grades

  • Development of flame-retardant ASA compounds for electrical applications


8️⃣ 3. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: CYCOLAC™ ASA resins, specialty compounds

SABIC’s innovative ASA portfolio offers exceptional thermal performance and UV stability, making it ideal for automotive, construction, and consumer goods applications. Their global manufacturing footprint ensures reliable supply to customers worldwide.

Innovation Initiatives:

  • Advanced ASA alloys with enhanced thermal properties

  • Sustainable material solutions with recycled content


7️⃣ 4. Techno-UMG

Headquarters: Tokyo, Japan
Key Offering: High-performance ASA resins, custom compounds

Techno-UMG specializes in engineering plastics with a focus on high-heat ASA grades that maintain excellent mechanical properties at elevated temperatures. Their materials are particularly favored in the Asian automotive and electronics markets.

Innovation Initiatives:

  • Development of heat-resistant ASA for LED lighting applications

  • Custom compounding services for specific customer requirements

Download FREE Sample Report:
2023-2028 Global and Regional Heat Resistant Grade ASA Industry Status and Prospects Professional Market – View in Detailed Research Report


6️⃣ 5. Kumho Sunny Plastics

Headquarters: Seoul, South Korea
Key Offering: Specialty ASA resins, heat-stable compounds

Kumho Sunny Plastics has established itself as a key player in the Asian ASA market, particularly known for their heat-resistant grades that offer excellent color stability and mechanical strength under thermal stress.

Innovation Initiatives:

  • Focus on automotive interior applications requiring heat resistance

  • Expansion of production capacity to meet growing market demand


5️⃣ 6. FORMOSA CHEMICALS & FIBRE CORPORATION

Headquarters: Taipei, Taiwan
Key Offering: High-heat ASA, modified ASA compounds

Formosa Chemicals & Fibre Corporation offers a diverse range of ASA resins with enhanced thermal properties, serving global customers in the automotive, appliance, and construction industries with reliable material solutions.

Innovation Initiatives:

  • Investment in R&D for next-generation heat-resistant polymers

  • Strategic expansion in Southeast Asian markets


4️⃣ 7. NIPPON A&L

Headquarters: Tokyo, Japan
Key Offering: Specialty ASA resins, high-temperature grades

NIPPON A&L is recognized for their technical expertise in developing ASA materials that withstand extreme environmental conditions, particularly in automotive exterior applications where both heat resistance and weatherability are critical.

Innovation Initiatives:

  • Development of ASA grades for electric vehicle components

  • Enhanced thermal stabilization technology


3️⃣ 8. LOTTE Advanced Materials

Headquarters: Seoul, South Korea
Key Offering: Heat-resistant ASA, advanced polymer alloys

LOTTE Advanced Materials has emerged as a significant competitor in the global ASA market, with their heat-resistant grades finding applications in automotive, electronics, and building materials that require long-term thermal stability.

Innovation Initiatives:

  • Expansion of high-heat ASA product portfolio

  • Strategic acquisitions to strengthen global presence


2️⃣ 9. CHIMEI

Headquarters: Tainan, Taiwan
Key Offering: High-performance ASA resins, custom compounds

CHIMEI Corporation offers comprehensive ASA solutions with excellent heat resistance and weathering properties. Their materials are widely used in automotive parts, outdoor equipment, and consumer appliances across global markets.

Innovation Initiatives:

  • Development of eco-friendly ASA formulations

  • Enhanced thermal stabilization systems for extended service life


1️⃣ 10. LyondellBasell

Headquarters: Houston, Texas, USA
Key Offering: Specialty ASA compounds, high-heat grades

LyondellBasell is a global chemical leader with a strong position in the ASA market, offering heat-resistant grades that combine excellent mechanical properties with superior weathering resistance for demanding applications.

Innovation Initiatives:

  • Advanced polymer alloy technology for enhanced thermal performance

  • Sustainability-focused material development

Read Full Report:
2023-2028 Global and Regional Heat Resistant Grade ASA Industry Status and Prospects Professional Market – View in Detailed Research Report


🌍 Outlook: The Future of Heat Resistant Grade ASA Is High-Performance and Sustainable

The heat resistant grade ASA market is undergoing significant transformation as material requirements become more demanding across industries. While traditional applications continue to drive volume, the industry is increasingly focused on advanced material solutions that offer enhanced thermal stability, improved sustainability profiles, and greater design flexibility.

📈 Key Trends Shaping the Market:

  • Growing demand for high-heat ASA in electric vehicle components

  • Stringent building codes requiring fire-resistant and thermally stable materials

  • Development of sustainable ASA grades with recycled content

  • Increasing adoption in consumer electronics for heat management

Read Full Report:
2023-2028 Global and Regional Heat Resistant Grade ASA Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they’re driving the innovation engine that enables next-generation products across multiple industries.