By Q1 2025, Acrylonitrile Styrene Acrylate (ASA) prices in South Korea rebounded to $2455/MT, marking a 1.16% increase from Q4 2024. The price recovery was primarily fuelled by renewed demand from the automotive, construction, and electronics sectors, which picked up momentum as economic activity improved at the start of the year.
Additionally, supply chain adjustments and improved trade routes contributed to a more balanced market, preventing excess supply from weighing down prices further. As a result, ASA pricing reflected a modest but steady upward trend heading into 2025.Â
According to PriceWatch, In the South Korean market, prices for Acrylonitrile Styrene Acrylate (ASA) during the second quarter of 2025, Injection Moulding grade FOB Busan averaged $2456 per metric ton, reflecting a minimal increase of just 0.08% over the previous quarter. The negligible shift in pricing was primarily due to stable market fundamentals, where supply and demand remained largely balanced.
Feedstock acrylonitrile prices experienced mild upward movement during April, but the impact on finished ASA costs was offset by softer styrene prices and steady acrylate inputs. South Korean producers operated at consistent run rates, with no major plant disruptions reported.
Downstream demand from automotive and durable goods segments showed slight improvement, though it wasn’t strong enough to trigger aggressive restocking. Buyers mostly stuck to short-term procurement strategies amid cautious sentiment. As a result, price momentum remained subdued, with the market exhibiting a steady tone rather than any strong directional movement through the quarter.Â
In Q1 2024, the global Acrylonitrile Styrene Acrylate (ASA) market displayed mixed trends, with prices in South Korea reported at USD 2476/MT, reflecting a slight decrease of 3.7% from the previous quarter. This drop was mainly attributed to subdued demand from key industries, including automotive and construction, alongside an overall reduction in consumer activity post the 2023 peak.
However, demand from the packaging sector remained resilient, driven by seasonal factors such as the Lunar New Year, which increased packaging material needs in South Korea and the broader Asia-Pacific region.Â
In Q2 2024, Acrylonitrile Styrene Acrylate (ASA) prices in South Korea further declined to USD 2460/MT, marking a minor decrease of 0.64% from Q1. This was partly due to sustained supply chain issues, including port congestion in Asia and equipment shortages. Additionally, a slowdown in global automotive production, a key end-use market for ASA, contributed to the weakening demand. The broader economic uncertainty, combined with fluctuations in the Styrene feedstock market, exerted additional downward pressure on ASA prices during this period.Â
In Q3 2024, the Acrylonitrile Styrene Acrylate (ASA) market in South Korea experienced a slight decrease in prices due to stabilizing demand. Prices were recorded at $2440/MT, reflecting a 0.89% dip from Q2. The market slowdown was influenced by easing consumption in the automotive and construction sectors, while improved production rates helped balance supply. Additionally, persistent logistical challenges, including equipment shortages and congestion at key Asian ports, prevented a sharper decline in prices despite the softer demand.Â
Moving into Q4 2024, the Acrylonitrile Styrene Acrylate (ASA) market in South Korea saw another slight dip, with prices settling at $2427/MT, a 0.47% decrease from Q3. While seasonal demand from the packaging and consumer goods sectors provided some support, overall consumption remained moderate.
The availability of material in the market remained steady, and manufacturers adjusted production to align with demand. Although freight disruptions and high shipping costs persisted, they were not enough to drive significant price increases, keeping the market in a stabilized state.Â
In Q1 2025, Acrylonitrile Styrene Acrylate prices in the Indian domestic market fell sharply to $2677/MT, registering a 5.72% decline from the previous quarter. The downturn was mainly attributed to continued weak demand from the automotive and appliance sectors, where ASA is widely used for components such as radiator grills, side mirror housings, and exterior trim panels.
Several OEMs operated at reduced capacity due to a buildup of finished goods inventory and lacklustre retail sales. On the supply side, imports from South Korea remained abundant and aggressively priced, as Korean producers diverted surplus material to overseas markets amid slow regional consumption.
This influx of low-cost cargo further eroded domestic pricing. Moreover, with feedstock markets like acrylonitrile and styrene showing limited cost support, Indian buyers were hesitant to restock, anticipating additional softness ahead.Â
According to PriceWatch, In the Indian domestic market, prices for Acrylonitrile Styrene Acrylate (ASA) Injection Moulding grade on an Ex-Bhiwandi basis averaged $2,670 per metric ton in the second quarter of 2025, reflecting a marginal decrease of 0.21% from the first quarter.
The slight decline was driven primarily by reduced procurement from the automotive and electrical appliance sectors, which faced sluggish consumer demand amid elevated retail inflation and persistent interest rate pressure.
Inventory levels remained adequate across distributors and processors, leading to limited spot buying activity throughout April and May. Imports from South Korea and Taiwan continued at stable levels, but aggressive domestic price competition particularly from newer players in Gujarat and Maharashtra kept offers under check.
While feedstock cost movements were relatively neutral, traders noted slight flexibility in price negotiations by suppliers aiming to protect market share. Overall sentiment in the ASA market remained cautious, and the anticipated Q2 pickup in seasonal demand failed to fully materialize, keeping prices under mild downward pressure despite otherwise steady supply conditions.Â
In Q1 2024, Acrylonitrile Styrene Acrylate prices averaged $2941/MT, down 0.69% from Q4 2023. Seasonal trends and cautious buying led to subdued market activity. End-use segments such as automotive and appliance moulding witnessed only modest activity, with OEMs prioritizing leaner production schedules early in the year.
Despite stable demand for ASA in applications like side mirror housings and decorative panels, the presence of low-cost Korean imports provided ample availability, preventing any notable price rebound during the quarter.Â
During Q2 2024, domestic Acrylonitrile Styrene Acrylate prices edged slightly lower to $2924/MT, a 0.59% drop from Q1. Demand from construction plastics and durable consumer goods remained stable but unexceptional, while automotive component production especially non-structural exterior parts like radiator grills and side mirrors remained below expectations due to limited new vehicle launches.
With no major upward pressure from raw material prices and strong supply inflows from South Korea, market sentiment stayed soft, and most procurement was short-term, or contract based.Â
In Q3 2024, Acrylonitrile Styrene Acrylate prices slid to $2902/MT, down 0.74% from Q2 levels. The Indian monsoon season dampened infrastructure and appliance-related consumption, while the automotive sector saw uneven recovery, particularly in exterior plastic parts such as mirror covers, rear spoilers, and grilles.
Although production at Indian processors remained moderate, regular arrivals of Korean-origin ASA ensured sufficient availability. Buyers remained cautious in procurement, preferring to maintain lean inventories amid expectations of prolonged price weakness.Â
In Q4 2024, prices dropped to $2839/MT, down 2.17% from the previous quarter. The seasonal slowdown in industrial activity, along with tepid demand for automotive exterior parts and appliance housings, weighed on procurement volumes. Many manufacturers had front-loaded purchases earlier in the year and adopted a conservative approach in Q4 due to sluggish downstream orders.
Meanwhile, steady import arrivals from South Korea driven by weak domestic demand in that market continued to saturate the Indian supply base. Competitive import offers and flexible shipment timelines kept domestic distributors from raising prices.Â
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Acrylonitrile Styrene Acrylate (ASA) is a high-performance thermoplastic known for its exceptional weather resistance, making it ideal for outdoor applications. It combines the toughness of acrylonitrile, the rigidity of styrene, and the superior UV and chemical resistance of acrylate, resulting in a durable material that withstands harsh environments without fading, cracking, or losing its mechanical properties. ASA offers excellent colour retention and impact strength, making it a popular choice for automotive parts, roofing, outdoor furniture, and signage. Its low-gloss finish and easy processability further enhance its versatility across various industries.
Packaging Type
Acrylonitrile Styrene Acrylate Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Property | Specification |
Melt Flow Rate | 6 g/10min |
Specific Gravity | 1.08 |
Molding Shrinkage (Flow), 3.2mm | 0.4~0.7 |
Tensile Strength, Yield  | 48.0 MPa |
Elongation at Break  | 20% |
Drying Temperature  | 70.0 - 80.0 °C |
Acrylonitrile Styrene Acrylate Applications
Acrylonitrile Styrene Acrylate (ASA) is a versatile thermoplastic known for its excellent weather resistance, making it ideal for outdoor applications. One of its primary uses is in the automotive industry, where it is employed for exterior components such as mirror housings, grilles, and roof trims due to its UV and chemical resistance. ASA is also widely used in construction materials, including roofing, siding, and window profiles, because it can withstand harsh environmental conditions without fading or losing strength. In the consumer goods sector, ASA is found in products like garden tools, sporting equipment, and outdoor furniture, offering durability and colour retention over long periods. Additionally, ASA is valued in the electrical and electronics industry for protective housings and covers due to its mechanical robustness and resistance to yellowing. Its high resistance to heat, moisture, and impact makes it suitable for applications where aesthetics and long-term performance are critical.Â
PriceWatch is your trusted resource for tracking global acrylonitrile styrene acrylate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the acrylonitrile styrene acrylate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Acrylonitrile Styrene Acrylate (ASA) is a high-performance thermoplastic known for its exceptional weather resistance, making it ideal for outdoor applications. It combines the toughness of acrylonitrile, the rigidity of styrene, and the superior UV and chemical resistance of acrylate, resulting in a durable material that withstands harsh environments without fading, cracking, or losing its mechanical properties. ASA offers excellent colour retention and impact strength, making it a popular choice for automotive parts, roofing, outdoor furniture, and signage. Its low-gloss finish and easy processability further enhance its versatility across various industries.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Property | Specification |
Melt Flow Rate | 6 g/10min |
Specific Gravity | 1.08 |
Molding Shrinkage (Flow), 3.2mm | 0.4~0.7 |
Tensile Strength, Yield  | 48.0 MPa |
Elongation at Break  | 20% |
Drying Temperature  | 70.0 - 80.0 °C |
Applications
Acrylonitrile Styrene Acrylate (ASA) is a versatile thermoplastic known for its excellent weather resistance, making it ideal for outdoor applications. One of its primary uses is in the automotive industry, where it is employed for exterior components such as mirror housings, grilles, and roof trims due to its UV and chemical resistance. ASA is also widely used in construction materials, including roofing, siding, and window profiles, because it can withstand harsh environmental conditions without fading or losing strength. In the consumer goods sector, ASA is found in products like garden tools, sporting equipment, and outdoor furniture, offering durability and colour retention over long periods. Additionally, ASA is valued in the electrical and electronics industry for protective housings and covers due to its mechanical robustness and resistance to yellowing. Its high resistance to heat, moisture, and impact makes it suitable for applications where aesthetics and long-term performance are critical.Â
The price of Acrylonitrile Styrene Acrylate (ASA) is influenced by multiple factors, including the cost of raw materials like acrylonitrile, styrene, and acrylic ester, which fluctuate based on crude oil prices. Market demand from key industries such as automotive, construction, and consumer goods also plays a critical role. Additionally, external factors like supply chain disruptions, freight costs, geopolitical issues, and environmental regulations can further drive pricing volatility. Monitoring the prices of feedstocks and global economic trends is essential for anticipating ASA price movements.
Supply chain disruptions, such as port congestion, freight rate increases, and logistical bottlenecks, significantly affect ASA prices. For instance, delays in raw material imports, equipment shortages, and rerouting of shipping routes can lead to supply-demand imbalances, pushing prices higher. Procurement heads should also consider regional disparities in supply, with countries like South Korea being major players in ASA production. Staying updated on global supply chain conditions helps mitigate cost uncertainties.
The price of ASA is closely tied to fluctuations in its feedstocks: acrylonitrile, styrene, and acrylic ester. Any significant changes in crude oil prices directly influence the cost of these materials, which can either push ASA prices up or down. Additionally, geopolitical tensions, refinery shutdowns, and environmental policies impacting raw material availability contribute to the volatility.
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