Global Polycarbonate ABS Alloys Market: Overview
Polycarbonate ABS alloy is a type of blended alloy formed by mixing of acrylonitrile-butadiene-styrene (ABS) and polycarbonate (PC). It is one of the most widely used industrial thermoplastics. Acrylonitrile-butadiene-styrene (ABS) is a kind of resin with excellent mechanical properties and molding performance. Polycarbonate (PC) is a kind of thermoplastic with excellent properties such as high impact strength, creep resistance, good dimensional stability, heat resistance, transparency, low water absorption, non-toxicity, good dielectric properties, easy coloring, aging resistance, and excellent electric insulation. Properties of polycarbonate are blended with ABS to obtain polycarbonate ABS (PC-ABS) alloy, which is an extremely tough material designed for strong and resilient parts. PC-ABS alloy possesses properties of both materials: superior strength and heat resistance of PC and flexibility of ABS.
PC-ABS alloys are commonly used in automotive and electronics and telecommunication applications. PC-ABS alloys possess higher thermal stability compared to that of ABS. Thus, they can be widely employed in household appliances, office equipment, communication equipment, camera and medical equipment, building and lightening appliances, aerospace, and computers and optical fibers. In particular, properties of high strength and heat resistance of the PC-ABS alloy are useful in automobile interiors, exteriors, and lighting systems. Typical applications of PC-ABS alloys in automotive industry includes middle console, glove box, overhead console, knee bolster, and lower instrument panel.
Global Polycarbonate ABS Alloys Market: Key Segments
Based on grade, the PC-ABS alloys market can be segmented into general-purpose grade and flame-retardant grade. General-purpose-grade PC-ABS alloys are commonly used in automotive interiors, consumer electronics products, general molding products, and mobile phone casings. Flame-retardant-grade PC-ABS alloys are employed in printer parts, projectors, automotive networking products, and computer and video games. The general-purpose grade segment dominates the global polycarbonate ABS alloys market.
Polycarbonate ABS alloys witness high demand in the automobile industry and the household appliances sector. This has also resulted in the development of new and modified alloys with excellent mechanical properties, resistance to hydrolysis and chemicals, free-spraying, ultra-low gloss, and eco-friendly nature. However, compatibility issues of PC-ABS alloys is the key restraining factor for the polycarbonate ABS alloys market.
Global Polycarbonate ABS Alloys Market: Regional outlook
In terms of region, the global polycarbonate ABS alloys market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is the leading consumer of polycarbonate ABS alloys, followed by Europe. The polycarbonate ABS alloys market in Europe is expected to be driven by increase in the demand from automotive applications during the forecast period. The demand for polycarbonate ABS alloys in the U.S. is expected to increase significantly during the forecast period, primarily due to increase in the demand from construction, automotive, and electrical & electronics sectors. Within Asia Pacific, the polycarbonate ABS alloys market in China, India, Japan, and South Korea is expected to expand at a significant rate during the forecast period. This can be attributed to growth of the automotive industry and the electrical & electronics (E&E) industry across China, India, and ASEAN. Latin America and Middle East & Africa are emerging markets for polycarbonate ABS alloys. Brazil and Mexico are one of the largest markets for polycarbonate abs alloys for automotive industry in Latin America region. Growth of the polycarbonate ABS alloys market in these regions is likely to be sluggish compared to North America, Europe, and Asia Pacific.
Global Polycarbonate ABS Alloys Market: Key Players
Key Players of polycarbonate ABS alloys market are CALSAK CORPORATION, Formosa Chemicals & Fibre Corp., Sumitomo Bakelite Co., Ltd., and RTP Company.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.