A method, system, and computer program product to characterize and adaptively instantiate timing abstracts to perform timing analysis of an integrated circuit include generating an adaptable timing abstract for one or more macro models of a macro, the macro including two or more primitives of a component of the integrated circuit, the adaptable timing abstract being a parameterized timing model with at least one aspect represented by two or more models, and estimating requirements for the timing analysis, the requirements including accuracy, runtime, or memory requirements. Selecting a specific timing abstract, obtained by setting parameters of the adaptable timing abstract, is to perform the timing analysis based on the requirements.