Market Overview:
The global PC & ASA resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automotive, electrical & electronics, IT and communication, and other applications. In terms of type, the general grade segment is expected to hold a major share of the market during the forecast period. However, high heat grade segment is projected to grow at a higher CAGR owing to its properties such as high heat resistance and dimensional stability.
Product Definition:
PC and ASA resin are both thermoset plastics that are used in a variety of applications. PC is a rigid, high-impact plastic that is commonly used in the manufacture of products such as automobile parts, medical devices, and electrical components. ASA resin is a less brittle plastic that can be molded into shapes similar to those produced with PC. It has also been shown to have better resistance to weathering and UV radiation than PC. Both PC and ASA resins are important for their toughness, durability, and resistance to degradation from environmental factors.
General Grade:
General grade is a term used for resin that has not been refined in any way. It contains all the impurities present in an original block or crude form. The resin is supplied to industries as it is and needs no further refining before use.
The growth factor of general grade varies with different types of resins, but on an average, it can be said that one kilogram of this resin type contains approximately 745 grams (kg)of pure liquid paraffin.
High Heat Grade:
High heat grade is a term used in the polycarbonate (PC) and acrylic acid-based resins market to define two different processes for processing the same polymer. The first process is called high-grade or standard heat, and the other one is known as high or advanced heat.
Application Insights:
The demand for the product in general grade applications is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its increasing use in manufacturing PC boards and heat shields for various electronic appliances. In addition, the growing electronics industry across the globe is anticipated to propel demand over the forecast period.
ASA resins are used as an adhesive in laminates and coatings, which are further utilized in manufacturing electrical & electronics products such as circuit boards, capacitors, resistors and switches among others. The global market has witnessed significant growth on account of technological advancements coupled with increased production levels of electronic & electrical products worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as automotive, electrical and electronics, construction and manufacturing. Increasing foreign direct investments coupled with favorable government policies are also expected to boost industry expansion in APAC region over the next eight years.
The increasing number of manufacturing facilities in China owing to low labor costs is anticipated to drive product demand from other Asian countries including Japan and India. In addition, growing IT sector in these countries will fuel industry growth further during the forecast period.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing demand for lightweight and durable materials in transportation sector
- Rising demand for advanced composites in aerospace industry
- Increasing penetration of composites in small-scale applications
- Technological advancements that improve the properties of PC & ASA resins
Scope Of The Report
Report Attributes
Report Details
Report Title
PC & ASA Resin Market Research Report
By Type
General Grade, High Heat Grade, Others
By Application
Automotive, Electrical & Electronics, IT and Communication, Others
By Companies
LG Chem, Chi Mei Corporation, Ineos Styrolution Group, SABIC, Techno-UMG Co., Ltd., KUMHO-SUNNY, Formosa Chemicals & Fibre Corporation, NIPPON A&L, LOTTE Advanced Materials, A. Schulman (LyondellBasell), LG Chem, SAX Polymers Industries, Run Feng Sci.&Tech, Shandong Novista Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global PC & ASA Resin Market Report Segments:
The global PC & ASA Resin market is segmented on the basis of:
Types
General Grade, High Heat Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical & Electronics, IT and Communication, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LG Chem
- Chi Mei Corporation
- Ineos Styrolution Group
- SABIC
- Techno-UMG Co., Ltd.
- KUMHO-SUNNY
- Formosa Chemicals & Fibre Corporation
- NIPPON A&L
- LOTTE Advanced Materials
- A. Schulman (LyondellBasell)
- LG Chem
- SAX Polymers Industries
- Run Feng Sci.&Tech
- Shandong Novista Chemicals
Highlights of The PC & ASA Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Grade
- High Heat Grade
- Others
- By Application:
- Automotive
- Electrical & Electronics
- IT and Communication
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PC & ASA Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PC & ASA Resin is a resin used in the manufacture of PC boards and other electronic components.
Some of the key players operating in the pc & asa resin market are LG Chem, Chi Mei Corporation, Ineos Styrolution Group, SABIC, Techno-UMG Co., Ltd., KUMHO-SUNNY, Formosa Chemicals & Fibre Corporation, NIPPON A&L, LOTTE Advanced Materials, A. Schulman (LyondellBasell), LG Chem, SAX Polymers Industries, Run Feng Sci.&Tech, Shandong Novista Chemicals.
The pc & asa resin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PC & ASA Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PC & ASA Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PC & ASA Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PC & ASA Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PC & ASA Resin Market Size & Forecast, 2018-2028
4.5.1 PC & ASA Resin Market Size and Y-o-Y Growth
4.5.2 PC & ASA Resin Market Absolute $ Opportunity
Chapter 5 Global PC & ASA Resin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PC & ASA Resin Market Size Forecast by Type
5.2.1 General Grade
5.2.2 High Heat Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PC & ASA Resin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PC & ASA Resin Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical & Electronics
6.2.3 IT and Communication
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PC & ASA Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PC & ASA Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PC & ASA Resin Analysis and Forecast
9.1 Introduction
9.2 North America PC & ASA Resin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PC & ASA Resin Market Size Forecast by Type
9.6.1 General Grade
9.6.2 High Heat Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PC & ASA Resin Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical & Electronics
9.10.3 IT and Communication
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PC & ASA Resin Analysis and Forecast
10.1 Introduction
10.2 Europe PC & ASA Resin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PC & ASA Resin Market Size Forecast by Type
10.6.1 General Grade
10.6.2 High Heat Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PC & ASA Resin Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical & Electronics
10.10.3 IT and Communication
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PC & ASA Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PC & ASA Resin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PC & ASA Resin Market Size Forecast by Type
11.6.1 General Grade
11.6.2 High Heat Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PC & ASA Resin Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical & Electronics
11.10.3 IT and Communication
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PC & ASA Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America PC & ASA Resin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PC & ASA Resin Market Size Forecast by Type
12.6.1 General Grade
12.6.2 High Heat Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PC & ASA Resin Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical & Electronics
12.10.3 IT and Communication
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PC & ASA Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PC & ASA Resin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PC & ASA Resin Market Size Forecast by Type
13.6.1 General Grade
13.6.2 High Heat Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PC & ASA Resin Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical & Electronics
13.10.3 IT and Communication
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PC & ASA Resin Market: Competitive Dashboard
14.2 Global PC & ASA Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Chem
14.3.2 Chi Mei Corporation
14.3.3 Ineos Styrolution Group
14.3.4 SABIC
14.3.5 Techno-UMG Co., Ltd.
14.3.6 KUMHO-SUNNY
14.3.7 Formosa Chemicals & Fibre Corporation
14.3.8 NIPPON A&L
14.3.9 LOTTE Advanced Materials
14.3.10 A. Schulman (LyondellBasell)
14.3.11 LG Chem
14.3.12 SAX Polymers Industries
14.3.13 Run Feng Sci.&Tech
14.3.14 Shandong Novista Chemicals
