Global Polybutylene Terephthalate (PBT) Resin Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Polybutylene Terephthalate (PBT) Resin market size was valued at USD 4283.2 million in 2023 and is forecast to a readjusted size of USD 5450.4 million by 2030 with a CAGR of 3.5% during review period.
Polybutylene Terephthalate (PBT) is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, Mechanical Equipment and precision instruments industries. Compared to PET (polyethylene terephthalate), PBT has slightly lower strength and rigidity, slightly better impact resistance, and a slightly lower glass transition temperature.
In this report, the volume of PBT is calculated by PBT neat resin, excluding PBT modified resin and PBT Compounds.
PBT is present in everyday life and is common in electrical, electronic and automotive components. PBT resin and PBT compound are the two types of products that are used in various applications. PBT resin is used to make PBT fiber as well as electronic parts, electrical parts, and auto parts. TV set accessories, motor cover sand motor brushes are some examples of the use of PBT compound.
The global PBT market is led by Asia Pacific, accounting for 59% global PBT production. Europe is the second-largest region-wise market, account for 20%.
At present, the top 3 manufacturers of PBT are Changchun, BASF and Sabic, with about 33% market shares.
PBT downstream is wide and recently PBT has acquired increasing significance in various fields of automotive, electrical & electronic and consumer goods applications. Globally, the PBT market is mainly driven by growing demand for automotive applications. Automotive accounts for nearly 44% of total downstream consumption of PBT.
The Global Info Research report includes an overview of the development of the Polybutylene Terephthalate (PBT) Resin industry chain, the market status of Automotive Industry (Injection Grade PBT, Extrusion Grade PBT), Electrical & Electronics (Injection Grade PBT, Extrusion Grade PBT), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Polybutylene Terephthalate (PBT) Resin.
Regionally, the report analyzes the Polybutylene Terephthalate (PBT) Resin markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Polybutylene Terephthalate (PBT) Resin market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Polybutylene Terephthalate (PBT) Resin market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Polybutylene Terephthalate (PBT) Resin industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Injection Grade PBT, Extrusion Grade PBT).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Polybutylene Terephthalate (PBT) Resin market.
Regional Analysis: The report involves examining the Polybutylene Terephthalate (PBT) Resin market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Polybutylene Terephthalate (PBT) Resin market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Polybutylene Terephthalate (PBT) Resin:
Company Analysis: Report covers individual Polybutylene Terephthalate (PBT) Resin manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Polybutylene Terephthalate (PBT) Resin This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive Industry, Electrical & Electronics).
Technology Analysis: Report covers specific technologies relevant to Polybutylene Terephthalate (PBT) Resin. It assesses the current state, advancements, and potential future developments in Polybutylene Terephthalate (PBT) Resin areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Polybutylene Terephthalate (PBT) Resin market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Polybutylene Terephthalate (PBT) Resin market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Injection Grade PBT
Extrusion Grade PBT
Others
Market segment by Application
Automotive Industry
Electrical & Electronics
Mechanical Equipment
Others
Major players covered
Chang Chun Group
BASF
SABIC
DuBay Polymer (Lanxess,DuPont)
Ticona (Celanese)
DuPont
Yingkou Kanghui
Mitsubishi
HNEC
Polyplastics
Toray
BlueStar
Yizheng (Sinopec)
Xinjiang Blueridge Tunhe
Shinkong
DSM
Sipchem
Nan Ya Plastics
Jiangsu Heshili
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polybutylene Terephthalate (PBT) Resin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polybutylene Terephthalate (PBT) Resin, with price, sales, revenue and global market share of Polybutylene Terephthalate (PBT) Resin from 2019 to 2024.
Chapter 3, the Polybutylene Terephthalate (PBT) Resin competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polybutylene Terephthalate (PBT) Resin breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Polybutylene Terephthalate (PBT) Resin market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polybutylene Terephthalate (PBT) Resin.
Chapter 14 and 15, to describe Polybutylene Terephthalate (PBT) Resin sales channel, distributors, customers, research findings and conclusion.