Asia-Pacific Polybutylene Terephthalate - A Regional and Country Level Analysis, 2023-2033
Polybutylene Terephthalate (PBT) is witnessing substantial growth in the Asia-Pacific market, propelled by its versatile applications and the region's dynamic industrial landscape. One significant driver of PBT's demand is its extensive use in the automotive sector. PBT is known for its excellent mechanical properties, high heat resistance, and dimensional stability, making it an ideal material for various automotive components. With the Asia-Pacific region being a major hub for automotive manufacturing, the increasing production of vehicles in countries like China, Japan, and South Korea is fueling the demand for PBT in applications such as connectors, sensors, and electrical components within automobiles.
The electronics and electrical industry is another key contributor to the growing popularity of PBT in the Asia-Pacific market. PBT is widely used in the production of electronic components and electrical devices due to its superior electrical insulating properties and resistance to heat. As the Asia-Pacific region continues to one of the leaders in the production of consumer electronics, appliances, and electrical equipment, the demand for PBT as a reliable and durable material for manufacturing housings, connectors, and insulating components is on the rise.
Moreover, the expanding demand for PBT in the Asia-Pacific market is also attributed to its applications in various consumer goods and industrial sectors. The region's growing middle-class population and increasing industrialization contribute to the rising utilization of PBT in diverse sectors, further driving its market growth in the Asia-Pacific region.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Some of the prominent names established in this market are:
Toray Industries, Inc.
SABIC (Saudi Basic Industries Corporation)
SK Chemicals
Nanya Plastics Corporation
Zhejiang Weihua New Material Co., Ltd.
BASF SE
Celanese Corporation
Chang Chun Group
Clariant AG
Daicel Corporation
DuPont de Nemours Inc
Evonik Industries AG
DSM N.V.
Lanxess
LG Chem
Key Questions Answered in this Report
What are the main factors driving the demand for Asia-Pacific Polybutylene Terephthalate Market?
What are the major patents filed by the companies active in the Asia-Pacific Polybutylene Terephthalate Market?
What are the strategies adopted by the key companies to gain a competitive edge in Asia-Pacific Polybutylene Terephthalate Market?
What is the futuristic outlook for the Asia-Pacific polybutylene terephthalate market in terms of growth potential?
Which end users, grade, and processing method is expected to lead the market over the forecast period (2023-2033)?
What could be the impact of growing end use industry on Asia-Pacific polybutylene terephthalate market?
Which country is expected to lead the Asia-Pacific Polybutylene Terephthalate Market over the forecast period (2023-2033)?
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- 1 Markets: Industry Outlook
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Increasing Use of Electronics in Automotive Industry Drives Opportunities for Polybutylene Terephthalate
- 1.1.2 Growing Use of Engineered Plastics in Various End-Use Applications
- 1.2 Supply Chain Overview
- 1.2.1 Value chain Analysis
- 1.2.2 Market Map
- 1.2.3 Pricing Forecast
- 1.3 R&D Review
- 1.3.1 Patent Filing Trend by Country, by Company
- 1.4 Regulatory Landscape
- 1.5 Stakeholder Analysis
- 1.5.1 Use Case
- 1.5.2 End User and buying criteria
- 1.6 Impact analysis for key global events- covid19, Russia/Ukraine or Middle East crisis
- 1.7 Recent Developments in Polybutylene Terephthalate Market
- 1.8 Market Dynamics Overview
- 1.8.1 Market Drivers
- 1.8.2 Market Restraints
- 1.8.3 Market Opportunities
- 2 Application
- 2.1 Application Segmentation
- 2.2 Application Summary
- 2.3 Asia-Pacific Polybutylene Terephthalate Market (by End Users)
- 2.3.1 Aerospace
- 2.3.2 Automotive
- 2.3.3 Building and Construction
- 2.3.4 Electrical and Electronics
- 2.3.5 Packaging
- 2.3.6 Others
- 3 Product
- 3.1 Product Segmentation
- 3.2 Product Summary
- 3.3 Asia-Pacific Polybutylene Terephthalate Market (by Grade)
- 3.3.1 Industrial
- 3.3.2 Commercial
- 3.4 Asia-Pacific Polybutylene Terephthalate Market (by Processing Method)
- 3.4.1 Injection Moulding
- 3.4.2 Extrusion
- 3.4.3 Blow Moulding
- 3.4.4 Others
- 4 Region
- 4.1 Country Summary
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Country, (Kilo Tons), 2022-2033
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Country, ($ Million), 2022-2033
- 4.2 Drivers and Restraints
- 4.3 Asia-Pacific
- 4.3.1 Key Market Participants in Asia-Pacific
- 4.3.2 Business Drivers
- 4.3.3 Business Challenges
- 4.3.4 Application
- Table: Asia-Pacific Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: Asia-Pacific Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- 4.3.3 Product
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: Asia-Pacific Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 4.3.4 Asia-Pacific Polybutylene Terephthalate Market (by Country)
- 4.3.4.1 China
- Table: China Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: China Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- Table: China Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: China Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: China Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: China Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 4.3.4.1 Japan
- Table: Japan Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: Japan Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- Table: Japan Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: Japan Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: Japan Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: Japan Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 4.3.4.2 South Korea
- Table: South Korea Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: South Korea Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- Table: South Korea Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: South Korea Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: South Korea Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: South Korea Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 4.3.4.3 Australia
- Table: Australia Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: Australia Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- Table: Australia Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: Australia Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: Australia Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: Australia Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 4.3.4.4 Rest-of-Asia-Pacific
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By End Users (Kilo Tons), 2022-2033
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By End Users ($ Million), 2022-2033
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By Grade (Kilo Tons), 2022-2033
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By Grade ($ Million), 2022-2033
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By Processing Method (Kilo Tons), 2022-2033
- Table: Rest-of-Asia-Pacific Polybutylene Terephthalate Market, By Processing Method ($ Million), 2022-2033
- 5 Markets - Competitive Landscape & Company Profiles
- 5.1 Competitive Landscape
- 5.2 Company Profile
- 5.2.1 Toray Industries, Inc.
- 5.2.1.1 Company Overview
- 5.2.1.1.1 Role of Toray Industries, Inc. in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.1.1.2 Product Portfolio
- 5.2.1.2 Business Strategies
- 5.2.1.3 Corporate Strategies
- 5.2.1.4 Analyst View
- 5.2.2 SABIC (Saudi Basic Industries Corporation)
- 5.2.2.1 Company Overview
- 5.2.2.1.1 Role of SABIC in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.2.1.2 Product Portfolio
- 5.2.2.2 Business Strategies
- 5.2.2.3 Corporate Strategies
- 5.2.2.4 Analyst View
- 5.2.3 SK Chemicals
- 5.2.3.1 Company Overview
- 5.2.3.1.1 Role of SK Chemicals in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.3.1.2 Product Portfolio
- 5.2.3.2 Business Strategies
- 5.2.3.3 Corporate Strategies
- 5.2.3.4 Analyst View
- 5.2.4 Nanya Plastics Corporation
- 5.2.4.1 Company Overview
- 5.2.4.1.1 Role of Nanya Plastics Corporation in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.4.1.2 Product Portfolio
- 5.2.4.2 Business Strategies
- 5.2.4.3 Corporate Strategies
- 5.2.4.4 Analyst View
- 5.2.5 Zhejiang Weihua New Material Co., Ltd.
- 5.2.5.1 Company Overview
- 5.2.5.1.1 Role of Zhejiang Weihua New Material Co., Ltd. in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.5.1.2 Product Portfolio
- 5.2.5.2 Business Strategies
- 5.2.5.3 Corporate Strategies
- 5.2.5.4 Analyst View
- 5.2.6 BASF SE
- 5.2.6.1 Company Overview
- 5.2.6.1.1 Role of BASF SE in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.6.1.2 Product Portfolio
- 5.2.6.2 Business Strategies
- 5.2.6.3 Corporate Strategies
- 5.2.6.4 Analyst View
- 5.2.7 Celanese Corporation
- 5.2.7.1 Company Overview
- 5.2.7.1.1 Role of Celanese Corporation in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.7.1.2 Product Portfolio
- 5.2.7.2 Business Strategies
- 5.2.7.3 Corporate Strategies
- 5.2.7.4 Analyst View
- 5.2.8 Chang Chun Group
- 5.2.8.1 Company Overview
- 5.2.8.1.1 Role of Chang Chun Group in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.8.1.2 Product Portfolio
- 5.2.8.2 Business Strategies
- 5.2.8.3 Corporate Strategies
- 5.2.8.4 Analyst View
- 5.2.9 Clariant AG
- 5.2.9.1 Company Overview
- 5.2.9.1.1 Role of Clariant AG in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.9.1.2 Product Portfolio
- 5.2.9.2 Business Strategies
- 5.2.9.3 Corporate Strategies
- 5.2.9.4 Analyst View
- 5.2.10 Daicel Corporation
- 5.2.10.1 Company Overview
- 5.2.10.1.1 Role of Daicel Corporation in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.10.1.2 Product Portfolio
- 5.2.10.2 Business Strategies
- 5.2.10.3 Corporate Strategies
- 5.2.10.4 Analyst View
- 5.2.11 DuPont de Nemours Inc
- 5.2.11.1 Company Overview
- 5.2.11.1.1 Role of DuPont de Nemours Inc in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.11.1.2 Product Portfolio
- 5.2.11.2 Business Strategies
- 5.2.11.3 Corporate Strategies
- 5.2.11.4 Analyst View
- 5.2.12 Evonik Industries AG
- 5.2.12.1 Company Overview
- 5.2.12.1.1 Role of Evonik Industries AG in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.12.1.2 Product Portfolio
- 5.2.12.2 Business Strategies
- 5.2.12.3 Corporate Strategies
- 5.2.12.4 Analyst View
- 5.2.13 DSM N.V.
- 5.2.13.1 Company Overview
- 5.2.13.1.1 Role of DSM N.V. in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.13.1.2 Product Portfolio
- 5.2.13.2 Business Strategies
- 5.2.13.3 Corporate Strategies
- 5.2.13.4 Analyst View
- 5.2.14 Lanxess
- 5.2.14.1 Company Overview
- 5.2.14.1.1 Role of Lanxess in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.14.1.2 Product Portfolio
- 5.2.14.2 Business Strategies
- 5.2.14.3 Corporate Strategies
- 5.2.14.4 Analyst View
- 5.2.15 LG Chem
- 5.2.15.1 Company Overview
- 5.2.15.1.1 Role of LG Chem in Asia-Pacific Polybutylene Terephthalate Market
- 5.2.15.1.2 Product Portfolio
- 5.2.15.2 Business Strategies
- 5.2.15.3 Corporate Strategies
- 5.2.15.4 Analyst View
- 5.3 Other Key Market Participants
- 6 Growth Opportunities & Recommendations
- 7 Research Methodology
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