The Global Machine Grade ABS Market was valued at USD 23.5 Billion in 2025 and is projected to reach USD 36.2 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2026–2034). This sustained expansion is fueled by robust demand from the automotive and electronics sectors, the rise of additive manufacturing, and continuous innovation in high-performance material formulations.

As industries worldwide push for greater efficiency, durability, and design flexibility, the role of high-quality engineering plastics has never been more critical. In this blog, we profile the Top 10 Companies in the Machine Grade ABS Industry—a group of chemical giants and specialized manufacturers that are shaping the future of manufacturing with their advanced material solutions.

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🔟 1. LG Chem

Headquarters: Seoul, South Korea
Key Offering: General Purpose ABS, High Heat ABS, Flame Retardant ABS

LG Chem is a global powerhouse in the chemical industry and a leading producer of acrylonitrile butadiene styrene. The company’s ABS portfolio is renowned for its superior quality, consistency, and performance across a wide range of applications, from automotive interiors to consumer electronics housings.

Innovation Initiatives:

• Heavy investment in R&D for bio-based and recycled ABS grades

• Strategic expansion of production capacity to meet growing global demand

• Development of specialized grades for electric vehicle components

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9️⃣ 2. INEOS Styrolution

Headquarters: Frankfurt, Germany
Key Offering: Terluran® ABS, Luran® S ASA, Novodur® High Heat ABS

INEOS Styrolution is one of the world’s largest producers of styrenics, with a formidable presence in the ABS market. The company’s Terluran® ABS is a benchmark for quality, offering excellent mechanical properties, processability, and surface finish for demanding applications.

Innovation Initiatives:

• Pioneering advanced ABS blends for enhanced performance

• Global production network ensuring robust supply chain reliability

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8️⃣ 3. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: CYCOLAC™ ABS, CYCOLOY™ ABS/PC Blends

SABIC’s CYCOLAC™ ABS is a globally recognized brand, known for its exceptional impact strength, rigidity, and aesthetic qualities. The company leverages its integrated petrochemical operations to deliver high-value solutions to the automotive, appliance, and consumer goods markets.

Innovation Initiatives:

• Focus on circular economy with certified circular and bio-based ABS products

• Extensive technical support and application development services for customers

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7️⃣ 4. CHIMEI Corporation

Headquarters: Tainan City, Taiwan
Key Offering: POLYLAC® ABS, KIBISAN® AS (SAN)

CHIMEI is a major force in the global ABS market, particularly in the Asia-Pacific region. Its POLYLAC® ABS is widely used for its excellent balance of properties, making it a preferred choice for injection molding and extrusion processes in various industries.

Innovation Initiatives:

• Continuous development of eco-friendly and high-flow ABS grades

• Strong focus on cost-effective production and market responsiveness

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Machine Grade ABS Market – View in Detailed Research Report

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6️⃣ 5. Formosa Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Formolac® ABS

Formosa Plastics Corporation is a key global petrochemical producer with a significant share of the ABS market. The company’s Formolac® ABS resins are known for their high quality, thermal stability, and excellent surface gloss, catering to a diverse set of industrial applications.

Innovation Initiatives:

• Investment in production technology to enhance efficiency and product quality

• Expansion of product portfolio to include specialty and high-performance grades

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5️⃣ 6. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Toyolac® ABS, TORAYCON® PBT

Toray Industries is a leading Japanese chemical company with advanced technology in high-performance polymers. Its Toyolac® ABS offers superior impact resistance, heat resistance, and plating capabilities, making it ideal for precision components in automotive and electronics.

Innovation Initiatives:

• Leading R&D in high-functionality ABS for next-generation applications

• Commitment to sustainability through the development of green materials

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4️⃣ 7. Lotte Chemical

Headquarters: Seoul, South Korea
Key Offering: Lotte ABS

Lotte Chemical has established itself as a major global supplier of ABS resins. The company provides a comprehensive range of grades that meet stringent industry standards for durability, processability, and aesthetic appeal, serving customers worldwide.

Innovation Initiatives:

• Strategic capacity expansions to solidify global market position

• Focus on developing customized solutions for key strategic industries

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3️⃣ 8. China National Petroleum Corporation (CNPC) / Jilin Petrochemical

Headquarters: Beijing, China
Key Offering: ABS Resins

As one of China’s largest petrochemical enterprises, CNPC, through its subsidiary Jilin Petrochemical, is a dominant player in the domestic and Asian ABS markets. The company produces a wide array of ABS grades that support China’s massive manufacturing sector.

Innovation Initiatives:

• Significant investment in domestic production capacity to ensure supply security

• Development of cost-competitive grades for high-volume applications

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2️⃣ 9. Trinseo

Headquarters: Berwyn, Pennsylvania, USA
Key Offering: MAGNUM™ ABS, TYRIL® SAN

Trinseo is a global materials solutions provider with a strong legacy in styrenics. Its MAGNUM™ ABS resins are engineered for high performance, offering excellent toughness, colorability, and dimensional stability for challenging applications in automotive, appliances, and consumer goods.

Innovation Initiatives:

• Commitment to sustainability with a focus on circular and bio-attributed materials

• Application-specific innovation to meet evolving customer requirements

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Terlux® MABS, Luran® S ASA

BASF, while particularly strong in ASA and MABS, is a significant innovator in the broader styrenics portfolio that complements the ABS market. The company leverages its vast chemical expertise to develop advanced material solutions for high-value applications, focusing on durability and sustainability.

Innovation Initiatives:

• Leading the development of advanced styrenic copolymers with enhanced properties

• Strong emphasis on creating sustainable solutions for a circular economy

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Machine Grade ABS Market – View in Detailed Research Report

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🔬 Outlook: The Future of Machine Grade ABS Is Smarter and More Sustainable

The Machine Grade ABS market is undergoing a significant transformation. While traditional applications continue to drive volume, the industry is increasingly focused on advanced materials, digital manufacturing, and sustainable solutions.

📈 Key Trends Shaping the Market:

• Rapid adoption of ABS in industrial 3D printing for prototyping and tooling

• Growing demand for high-heat and high-impact grades in electric vehicle components

• Increasing regulatory and consumer pressure driving the shift towards recycled and bio-based ABS

• Integration of digital tools for material selection, simulation, and supply chain optimization

Get Full Report Here:
Machine Grade ABS Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global manufacturing—they are at the forefront of innovating the next generation of high-performance plastics.