Global PC/ABS Market Is Projected To Grow At A CAGR Of Over 4.50%

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The latest market report published by Credence Research, Inc. is “Global PC/ABS Market Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”.The global PC/ABS market generated around USD xx million in 2021 and is anticipated to grow a CAGR of over 4.50% during the forecast period from 2022 to 2028 to reach around USD xx million in 2028.

The rapid development of 3D printing, especially in advanced countries, is anticipated to contribute to the market’s growth as PC/ABS is deemed a material very suitable for prototyping and is one of the most widely utilized materials in 3D printers. Moreover, the demand for light and electric vehicles is growing, owing to decreased pollution. Thus, the requirement for PC/ABS continues to increase due to its properties, such as enhancing fuel efficiency and decreasing the weight of vehicles.

Browse Global PC/ABS Market report-https://www.credenceresearch.com/report/pc-abs-market

The global PC/ABS market is bifurcated into Type, Application, and Geography. Based on type, the market is categorized into General Grade, Flame Retardant Grade, and Others. Based on application, the global market is segmented into the automotive, appliance, electronics, industrial parts, healthcare parts, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In 2021, the North American region was anticipated to hold a prominent PC/ABS market share. The costs of ABS/Polycarbonate increased effectively across the North American region during the forecast period. An increase in demand from the downstream manufacturers and lack of feedstock ABS and PC have fuelled the escalating pricing movement of ABS/Polycarbonate in this region. Furthermore, the Ida cyclone impacted the operations of oil and gas refineries and different manufacturing plants and disrupted the supply chain. Sales fundamentals resume to be in development for North American producers as familiar supplies connected with constant challenges in logistics, packaging, labor, rail, shipping, and trucking, and Asian imports maintain their prices during the forecast period.

Why Buy This Report-

  • The report provides a qualitative and quantitative analysis of the global PC/ABS market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period from 2022-2028.
  • The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
  • In-depth global PC/ABS market segmentation analysis based on type and application.
  • The global PC/ABS analysis market report also includes analyzing the global, regional, and country level, key market trends, significant players analysis, market growth strategies, and key application areas.

The Global PC/ABS Market is Segmented into:

ATTRIBUTEDETAILS
Research Period2016-2028
Base Year2021
Forecast Period2022 – 2028
Historical Year2016 – 2021
UnitUSD Million
Segmentation By Type (2016–2028; US$ Mn)
 By Application (2016–2028; US$ Mn)
 By Geography Segment (2016–2028; US$Mn)
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