Global GCC Countries PCABS Resin Market Report 2025 - Market Size, Share, Price, Trend and Forecast

Page 1


MARKET OVERVIEW:

PC/ABS resin is a thermoplastic polymer blend of polycarbonate (PC) and acrylonitrile butadiene styrene (ABS), offering high impact resistance, heat resistance, and excellent mechanical properties. It is widely used in automotive components, electronic housings, and consumer appliances due to its durability and costeffectiveness.

MARKET INSIGHT & GROWTH DRIVERS:

The market growth is driven by increasing gold mining activities, particularly in Asia-Pacific and Africa, where cyanide leaching remains the dominant extraction method. However, environmental concerns and stringent regulations pose challenges to market expansion. USD 180 MILLION

MARKET DYNAMICS

Expanding Automotive Industry to Fuel

PC/ABS

Resin Demand Across GCC

GCC automotive sector is undergoing significant transformation with increasing local vehicle production and rising consumer demand for lightweight materials. PC/ABS resins, offering optimal impact resistance and thermal stability, are becoming the material of choice for interior components, dashboard panels, and exterior trims. The Saudi Arabian automotive market alone is projected to grow at 6.8% CAGR through 2030, creating substantial demand for high-performance polymers. Major automakers are shifting toward these advanced polymer blends to

MARKET OPPORTUNITIES

GCC governments are incentivizing domestic polymer production through initiatives like Saudi Arabia's National Industrial Development Program. Over $3.2 billion has been committed to petrochemical diversification projects that include PC/ABS compounding facilities. These efforts aim to reduce importdependencyfromAsianmarkets currently supplying 78% of regional demand. Localization programs offer 10-15% cost advantages through tariff exemptions and energy subsidies, creating attractive conditions for resin manufacturers to establish regional productionhubs.

COMPANY MISSION

Emerging gold producers in Africa and Southeast Asia present significant growth opportunities. Countries like Burkina Faso, Côte d'Ivoire and Indonesia have seen gold production increases exceeding 10% annually, often with less stringent cyanide regulations than established markets. These regions could account for 2530% of new sodium cyanide demand growth through the decade, though political and infrastructure challenges remain

REGIONAL MARKET OUTLOOK

North America

GCC PC/ABS resin market in North America is driven by robust demand from the automotive and electronics industries, particularly in the United States and Canada. The region's stringent regulatory environment, including compliance with FDA and REACH standards, has intensified the adoption of high-performance, flame-retardant PC/ABS grades.

Europe

Europe's market is characterized by strong demand for flameretardant PC/ABS grades, primarily fueled by the automotive and electrical appliance sectors. The EU's Circular Economy Action Plan and restrictions on halogenated flame retardants (e.g., RoHS compliance) have pushed manufacturers to innovate eco-friendly formulations.

COMPETITIVE LANDSCAPE

• Teijin Limited (Japan)

• Bayer MaterialScience (Germany)

• Styron (Trinseo) (USA)

• SABIC (Saudi Arabia)

• Mitsubishi Chemical Corporation (Japan)

• LG Chemical (South Korea)

These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.

About Us

Founded in 2015, 24chemicalresearch is a trusted name in global chemical industry intelligence. We specialize in delivering high-quality market research reports, empowering over 30+ Fortune 500 clients with data-driven insights for strategic growth. Our team of experienced analysts delivers customized, reliable, and timely research backed by a rigorous methodology. From mining regulatory trends to forecasting market opportunities, our reports help companies navigate industry challenges, stay competitive, and grow confidently.

As a one-stop platform for the chemical sector, we offer:

• Deep specialization in chemical market analysis

• Customized reports tailored to your needs

• A robust portal with free samples, consulting, and competitive insights

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.