India’s PC/ABS market was valued at US$ 245 million in 2024 and is projected to reach US$ 362 million by 2030, growing at a CAGR of 6.7% during the forecast period. This growth trajectory underscores the material’s increasing importance across multiple industries, from automotive to healthcare. As a high-performance thermoplastic blend, PC/ABS combines the superior impact resistance of polycarbonates with the processability of ABS, making it an ideal solution for manufacturers facing demanding technical specifications.
PC/ABS alloys have become indispensable in modern manufacturing due to their unique balance of properties – heat resistance, dimensional stability, and flame retardancy among others. These characteristics explain why industries transitioning toward lightweight yet durable materials are accelerating adoption. Recent innovations in polymer blending technologies further enhance these properties, opening new application possibilities in high-growth sectors.
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/278395/india-pcabs-market-market-919
Market Overview & Regional Analysis
Western India leads domestic PC/ABS consumption, accounting for 48% of national demand, driven by Maharashtra’s automotive clusters and Gujarat’s electronics manufacturing hubs. The Southern states follow with 32% market share, benefiting from Tamil Nadu’s automotive OEM networks and Karnataka’s medtech parks. Northern and Eastern regions show promising growth trajectories, particularly in industrial applications and consumer durable segments.
Globally, India represents the fastest-growing PC/ABS market in APAC, outpacing China’s mature market where growth has stabilized around 4.2% annually. This exceptional performance stems from India’s Make in India initiative and rising domestic demand for engineering plastics. The government’s Production Linked Incentive (PLI) scheme for electronics manufacturing has notably spurred demand for flame-retardant PC/ABS grades in enclosures and components.
Key Market Drivers and Opportunities
The automotive sector accounts for 42% of PC/ABS consumption in India, primarily for instrument panels, door handles, and interior trims. As vehicles evolve into “computers on wheels,” demand grows for grades that withstand harsh environments while meeting aesthetic requirements. The burgeoning EV segment offers particular potential—PC/ABS’s excellent electrical properties make it ideal for battery housings and charging infrastructure components.
Electronics constitute 28% of demand, driven by India’s position as the world’s second-largest smartphone manufacturer. UL94 V-0 rated PC/ABS grades dominate this segment due to strict fire safety norms. Healthcare applications (11% share) showcase some of the most exciting innovations—medical-grade PC/ABS now enables cost-effective, autoclavable equipment that withstand sterilization cycles better than many metals.
Challenges & Restraints
The market faces several headwinds, including volatility in benzene and propylene prices (key ABS feedstocks), which create pricing unpredictability for compounders. Recent supply chain disruptions have exposed over-reliance on imported specialty additives, particularly halogen-free flame retardants. Regulatory changes also pose challenges—the Bureau of Indian Standards’ new IS 17828:2022 specification for electronic enclosures requires substantial reformulation efforts from material suppliers.
Another critical challenge revolves around recycling infrastructures. While PC/ABS is technically recyclable, India currently lacks organized collection systems for post-industrial and post-consumer engineering plastics. This gap threatens to become acute as Extended Producer Responsibility (EPR) norms tighten under the Plastic Waste Management Rules, 2022 amendments.
Market Segmentation by Type
- General Grade
- Flame Retardant Grade
- Others (Glass-filled, UV-stabilized, etc.)
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/278395/india-pcabs-market-market-919
Market Segmentation by Application
- Automotive (Interiors, Exteriors, Underhood)
- Home Appliances (Housings, Fixtures)
- Electronics (Enclosures, Connectors)
- Healthcare (Equipment Housings, Surgical Devices)
- Others (Consumer Goods, Industrial Components)
Market Segmentation and Key Players
The Indian PC/ABS market features a mix of multinational compounders and domestic specialty players:
- Bhansali Engineering Polymers Limited
- LANXESS India
- SABIC Innovative Plastics India
- Covestro (India)
- Styrolution India Private Limited
- Kingfa Science & Technology (India) Limited
- INEOS Styrolution India Limited
- RTP Company India
- LyondellBasell Industries
- Chi Mei Corporation
Report Scope
This comprehensive market analysis covers the Indian PC/ABS industry from 2024 to 2030, providing detailed insights into:
-
Volume and value forecasts with breakdowns by product type and application
-
Supply-demand dynamics including import substitution trends
-
Pricing analysis by grade and region
The report also delivers in-depth competitive intelligence, featuring:
- Company profiles with financial benchmarking
- Product portfolio comparisons
- Manufacturing capacity expansions
- Technology development roadmaps
- Strategic initiatives including partnerships and acquisitions
Our methodology combines exhaustive primary research—including interviews with material suppliers, compounders, and end-users—with proprietary data analytics models. The report also examines macroeconomic factors, regulatory developments, and substitute materials that could reshape the market landscape.
Get Full Report Here: https://www.24chemicalresearch.com/reports/278395/india-pcabs-market-market-919
About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.
- Plant-level capacity tracking
- Real-time price monitoring
- Techno-economic feasibility studies
With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.
International: +1(332) 2424 294 | Asia: +91 9169162030
Website: https://www.24chemicalresearch.com/
Follow us on LinkedIn: https://www.linkedin.com/company/24chemicalresearch
- Global Waterproof Coatings and Membranes Market Research Report 2024(Status and Outlook) - June 17, 2025
- United States Light Diffusion Films Market Research Report 2024-2030 - June 17, 2025
- Top 10 Companies in the Southeast Asia Rubber Based Pressure Sensitive Adhesives Market (2025): Key Players Shaping Industry Growth - June 17, 2025