PC/ABS Market By Type (General Grade, Flame Retardant Grade, Others) By Application (Automotive, Appliance, Electronics, Industrial Parts, Healthcare Parts, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global PC/ABS market report explores the critical analysis of the PC/ABS industry using key parameters. The report consists of investment strategies, the need for investments in the PC/ABS industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the PC/ABS industry and how economic and non-economic barriers are helping the PC/ABS market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis.Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.


Key Highlights of the report

How are the major segments performing in the PC/ABS market?

In 2021, the automotive segment accounted for an immense market share as it is widely used in automotive manufacturing.

In 2021, the flame retardant grade segment was anticipated to hold a prominent share in the global PC/ABS due to the growing eMobility innovations.

Which region dominated the PC/ABSmarket?

In 2021, The North American market was anticipated to grow due to the use of plastics in manufacturing exterior trim components, such as front grills, spoilers, pillar panels, and rear bumpers for lightweight vehicles. Polycarbonate/acrylonitrile butadiene styrene (PC/ABS) blends have emerged as a suitable material for manufacturing automotive exterior trims. Their good impact strength at cold temperatures, high-temperature stability, and processability to injection molding makes them suitable for front grills.

What is the competitive environment of the PC/ABSmarket?

The PC/ABS industry's competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the PC/ABS market share globally, the business organization overview, the launch of new products, and the opportunities for the industrial PC/ABS market. For instance, in September 2021, B9Creations launched its Robust resin line with the latest ABS and ABS/PC materials compatible with its B9 Core Series 3D printers. B9Creations' latest Robust - ABS/PC resin is comparable to ABS/PC thermoplastic, with increased heat deflection temperature (HDT), and can be utilized for end-use production parts and as a 3D printed mold replacement for injection molds and metal molds, puffing both impact resistance and an incredibly smooth surface finish that mimics injection molded parts. Furthermore, in April 2020, MakerBot established PC-ABS and PC-ABS FR filament. MakerBot has added PC-ABS and PC-ABS FR to its METHOD 3D printing material line-up. With 10 materials now obtainable for the METHOD 'performance 3D printing' portfolio, such as ABS, PETG, ASA Nylon, PLA, Tough, SR-30 and PVA, the desktop 3D printing leader says it desires to open up more industrial applications for engineers. 

Executive Summary

What was the impact of the COVID-19 pandemic on the PC/ABSmarket?

The Covid-19 pandemic has negatively affected the PC/ABS Market. With the industries. Prominent companies have discontinued operations in various locations due to the lockdown and social distancing norms. Post-pandemic, the industry anticipates a lot of requirements and demand owing to the immediate urbanization and increasing requirement for wise usage of area present.

Which are the key investments by the PC/ABS industry players?

These players are immersed in platform expansion and strategic collaborations to extend their portfolios and acquire a robust footing in the global PC/ABS market. Covestro’s 3D printing materials line-up resumes expanding with a unique Polycarbonate/ABS filament produced in collaboration with global thermoplastics resin distributor Nexeo Plastics. As component of a multi-year partnership, the two have established Addigy FPB 2684 3D, a unique polycarbonate blend for extrusion-based 3D printing which is expressed to maintain its toughness and UV resistance in environments with more elevated temperatures of up to 122 degrees Celsius, making it positively suited to components in outdoor applications, and provides an “extremely smooth” surface finish.

Some of the major players in the PC/ABS market are LOTTE Advanced Materials, Chi Mei, LG Chemical, FCFC, Daicel, RTP, PolyOne, Gardiner Compounds, Ever Plastic, KUMHO-SUNNY, Kingfa Science and Technology, Silver Age Sci & Tech, Juner, PRET Composites, Qingdao Gon Science & Technology, WOTE, Fu-day New Material Technology, Kitech, Fuheng New Material, Selon, DELLON, Kangxi Plastic Technology, Falaixin Plasifying, Polyrocks Chemical, and Nanjing Lihan Chemical.

What are the Major Driving Factors for the PC/ABS Market?

The rapid development of 3D printing, particularly in developed countries, is anticipated to contribute to the market's growth as PC/ABS is deemed a material very convenient for prototyping and is one of the most widely utilized materials in 3D printers. PC/ABS blend is typically utilized as a flame retardant delivering high heat resistance, influence strength, flexibility, enhanced processing, and biocompatibility. These effects make it suitable for constructing housing for electronic devices. Amid the global COVID-19 pandemic, the demand for healthcare instruments, such as thermometers, oximeters, and blood pressure monitors, has grown, thereby driving the demand for PC/ABS globally. Furthermore, thermoplastics are more prevalent with conventional materials such as wood and glass due to their special characteristics. These materials conform to their purpose and are lighter, cost-effective, and easier to manage. Such factors positively impact the global PC/ABS market over the forecast period. 

What are the Major Risks for the PC/ABS Market?

Regulations over product use are likely to influence the market growth rate. Strict government regulations and different policies have come into the picture in response to the growing problems over the damage induced by polymers to the environment. To decrease the environmental pollution caused due to polymer use, multiple manufacturers and governments have attempted to embrace greener and non-plastic alternatives. Numerous countries, including India, have also committed to releasing single-use polymers from the market by 2022. The transition toward nonpolymer products and conventions over polymer utilization is restraining the PC/ABS market growth. Furthermore, at the UN Environment Assembly held in Nairobi in March 2022, leaders of state, environment ministers, and additional delegates from 175 countries endorsed a historic resolution to eliminate plastic waste and build a legally binding multinational accord of 2024.

Which is the key application in the PC/ABS market?

The automotive segment is anticipated to maintain a prominent market share in the global PC/ABS during the forecast period. For instance, in April 2022, Trinseo launched Magnum Bio ABS for the automotive industry. The launch follows the earlier, successful introduction of the company’s Pulse GX Eco Series, PC/ABS with recycled content. The new biobased ABS is available with up to 80 % bio content and can be tailored to meet a desired CO2 profile. The first grades will be available in natural color to the European market. Furthermore, in March 2020, Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, launched a new portfolio of recycled content-containing PC/ABS for automotive applications. Trinseo’s new PULSE™ ECO Series contains between 30-50% recycled content, combining European-sourced post-industrial recycled (PIR) Polycarbonate with Trinseo’s virgin MAGNUM™ ABS. Developed using Trinseo’s unique PULSE™ GX technology, the new product family boasts strong technical features, such as superior flow properties, low-temperature flexibility, a low CO2 footprint and low density, allowing up to three percent more parts per ton compared to competitive materials.

How is the PC/ABS market performing in regions?

Due to significant automotive companies, North America is anticipated to dominate the PC/ABS market. The prominent vehicle manufacturers in North America are shifting towards electric vehicles and are investing significantly to attain their vehicle electrification goals.For instance, in September 2021, Ford Motor Company announced an investment of USD 11 billion to boost electric vehicle production. It plans to transform at least 40% of its fleet to be battery-powered within nine years. The growing investment in electric vehicles is expected to drive the demand for automotive plastics for exterior trim.

Furthermore, the Asia Pacific market is anticipated to hold the largest revenue share in the global PC/ABS market during the forecast period.The rapidly-growing manufacturing sector is expected to drive the demand for PC/ABS in the automotive, construction, packaging, and electrical & electronics industries. Recently, India and China have witnessed a spike in automotive production owing to technology transfer to the sector from the Western markets.

What is the regulatory landscape for the PC/ABS market?

Initially, these products were most often designed as novel anticancer agents; indeed, they can be regarded as first-generation "nanomedicines." More lately, a much wider range of life-threatening and debilitating diseases have been targeted through intravenous, subcutaneous or oral routes of management. Given the growing novelty of polymeric materials presented for growth as second-generation polymer therapeutics and the increasing debate on the protection of nanomedicines per se, the requirement for the evolution of an applicable regulatory framework is at the vanguard of the scientific discussion. 

What is the Market Size of PC/ABSregarding value?

The global PC/ABSmarket is anticipated to grow at a substantial CAGR of 2.20% in the upcoming years. The global PC/ABSindustry was estimated to be worthUSD 4294.1 million in 2021 and was expected to be worth USD 4893.02 million by 2028.

What are the major players planning for the future of the PC/ABS market?

The market is competitive due to a few media and small-scale major players. Major players are constantly operating on creating bio-degradable polymers owing to the growing environmental concerns. The maturity of the global companies is anticipated to expand their product offerings to Central & South America, Asia Pacific, and the Middle East & Africa owing to the high market growth possibility in these regions given the growth of the consumer electronics industry.

Segmentation of Global PC/ABSMarket-

Global PC/ABSMarket – By Type:

  • General Grade
  • Flame Retardant Grade
  • Others

Global PC/ABS Market – By Application:

  • Automotive
  • Appliance
  • Electronics
  • Industrial Parts
  • Healthcare Parts
  • Others

Global PC/ABSMarket – By Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global PC/ABS market

The Covid-19 pandemic has negatively influenced the PC/ABS Market. Due to the countries across the globe implementing total lockdowns and restricting the movement of people and goods.

North America accounted for the most heightened share in the global PC/ABS market.

Increasing demand for light and electric vehicles and Rising demand for material advancements to grow the market.

The flame retardant gradePC/ABSsegment had a major share in the global market in 2021.

The automotive segment had a major share in the global market in 2021and is anticipated to continue during the forecast period.

PC/ABS Market Scope

Report Attribute Details
Market Value in 2021 USD 4294.1 million
Market Value in 2028 USD 4893.02 million
CAGR 2.20%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Published Date:  Oct 2022
Category:  Industrial Goods
Report ID:   60696
Report Format:   PDF
Pages:   120
Rating:    4.6 (60)
Delivery Time: 24 Hours to 48 Hours   
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