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, and IT and communication 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 PC/ASA resin is projected to grow at a higher CAGR than other types during the forecast period.
Product Definition:
PC/ASA Resin is a thermoset resin which can be used for injection molding and blow molding. It has good impact resistance, stiffness, and dimensional stability.
General Grade:
General grade is a term used for ASA or PC resin that has not been pre-dispersed. It usually contains around 80% solids and 20% liquid, by weight. The resin is supplied in the form of an orange/red solid mass which upon examination appears to be a collection of small pieces of polyester fiber.
The general grade resins are widely used in injection molding.
High Heat Grade:
High heat grade is a term used in the polycarbonate resin market to define products that are processed at higher temperatures (above 300°C) and have better flow characteristics as compared to standard-grade PC/ASA resins. The demand for these grades is expected to grow on account of their suitability for manufacturing automotive components such as instrument panels, interior door panels, dashboard trims and other electrical components.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by increasing production of passenger cars and light commercial vehicles, especially from emerging economies such as China, India and Brazil. In addition, growing penetration of smart devices coupled with rising disposable income levels will further fuel the demand for mobile phones is also likely to have a positive impact on industry growth over the forecast period.
The electrical & electronics segment was valued at USD 281.3 million in 2017 owing to increasing use of PC/ASA resin composites in various end-use industries including consumer electronics (laptops), BFSI (banking, financial services and insurance) sector and energy sector among others. Increasing use of plastics instead of metals & alloys has led manufacturers towards using composite materials which are cheaper than their counterparts thus driving product demand across different applications areas within this industry.
Regional Analysis:
North America dominated the global market in 2017. North America is home to several key players of the PC/ASA resin industry such as Honeywell International Inc.; Emerson Electric Co.; and Johnson Controls, Inc. These companies are aggressively expanding their operations in this region by launching new products and strategic initiatives such as “Make it Possible†campaign by Johnson Controls, which offers financial assistance for higher education for employees. The company also provides a loan repayment program that covers student loans for employees who complete degrees at accredited colleges or universities. Such initiatives are expected to boost demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years owing to rapid growth of end-use industries such as automotive, electronics & electricals, medical equipment & devices manufacturing sector in countries including China; India; South Korea; Taiwan;.
Growth Factors:
- Increasing demand from the automotive and aerospace industries due to the superior mechanical properties of PC/ASA resin.
- Growing demand for lightweight and durable plastics in consumer electronics products.
- Rising popularity of 3D printing technology, which is driving the need for high-performance engineering plastics such as PC/ASA resin.
- Rapid growth in the medical device industry, where PC/ASA resins are used in a wide range of applications including implants, prosthetics, and surgical instruments.
- Increasing use of PC/ASA resins in food packaging due to their superior barrier properties
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
Covestro, SABIC, LG Chem, INEOS Styrolution, LOTTE Advanced Materials, KUMHO - SUNNY
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
242
Number of Tables & Figures
170
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:
- Covestro
- SABIC
- LG Chem
- INEOS Styrolution
- LOTTE Advanced Materials
- KUMHO - SUNNY
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 type of acrylic resin that is used in the manufacturing of PC cases, monitors, and other electronic equipment. It is a strong and durable material that can withstand high temperatures and pressures.
Some of the key players operating in the pc/asa resin market are Covestro, SABIC, LG Chem, INEOS Styrolution, LOTTE Advanced Materials, KUMHO - SUNNY.
The pc/asa resin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PC/ASA Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PC/ASA Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PC/ASA Resin Market - Supply Chain
4.5. Global PC/ASA Resin Market Forecast
4.5.1. PC/ASA Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PC/ASA Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. PC/ASA Resin Market Absolute $ Opportunity
5. Global PC/ASA Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PC/ASA Resin Market Size and Volume Forecast by Type
5.3.1. General Grade
5.3.2. High Heat Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PC/ASA Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PC/ASA Resin Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical & Electronics
6.3.3. IT and Communication
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PC/ASA Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PC/ASA Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PC/ASA Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PC/ASA Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PC/ASA Resin Demand Share Forecast, 2019-2029
9. North America PC/ASA Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PC/ASA Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PC/ASA Resin Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical & Electronics
9.4.3. IT and Communication
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PC/ASA Resin Market Size and Volume Forecast by Type
9.7.1. General Grade
9.7.2. High Heat Grade
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PC/ASA Resin Demand Share Forecast, 2019-2029
10. Latin America PC/ASA Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PC/ASA Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PC/ASA Resin Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical & Electronics
10.4.3. IT and Communication
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PC/ASA Resin Market Size and Volume Forecast by Type
10.7.1. General Grade
10.7.2. High Heat Grade
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PC/ASA Resin Demand Share Forecast, 2019-2029
11. Europe PC/ASA Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PC/ASA Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PC/ASA Resin Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical & Electronics
11.4.3. IT and Communication
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PC/ASA Resin Market Size and Volume Forecast by Type
11.7.1. General Grade
11.7.2. High Heat Grade
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PC/ASA Resin Demand Share, 2019-2029
12. Asia Pacific PC/ASA Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PC/ASA Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PC/ASA Resin Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical & Electronics
12.4.3. IT and Communication
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PC/ASA Resin Market Size and Volume Forecast by Type
12.7.1. General Grade
12.7.2. High Heat Grade
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PC/ASA Resin Demand Share, 2019-2029
13. Middle East & Africa PC/ASA Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PC/ASA Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PC/ASA Resin Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical & Electronics
13.4.3. IT and Communication
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PC/ASA Resin Market Size and Volume Forecast by Type
13.7.1. General Grade
13.7.2. High Heat Grade
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PC/ASA Resin Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PC/ASA Resin Market: Market Share Analysis
14.2. PC/ASA Resin Distributors and Customers
14.3. PC/ASA Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Covestro
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SABIC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Chem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. INEOS Styrolution
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LOTTE Advanced Materials
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KUMHO - SUNNY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
