Polybutylene Terephthalate (PBT) – A Global Market Overview
Report Synopsis
Polybutylene Terephthalate (PBT) belongs to the group of thermoplastic polyesters. PBT is a semi-crystalline engineering resin having many attractive properties like high strength and toughness, good abrasion and heat resistance, low creep at elevated temperatures, good chemical resistance, and excellent dimensional stability, particularly when glass-fiber reinforced. The combination of these properties makes PBT an ideal material for use in wide range of applications such as auto interior and exterior, small and large appliances, power tools, electrical and electronic, food handling, industrial machinery and medical applications.
Global consumption of Polybutylene Terephthalate (PBT) declined by 5.2% year-over-year in 2020 amid the downturn in automotive and industrial sectors. The global market for PBT has recovered well from the aftermath of the corona pandemic and further expected to maintain a CAGR of 4.5% between 2022 and 2028. Future growth of the PBT market is fed by the established markets of automotive & transportation and electrical & electronics.
Research Findings & Coverage
• Worldwide market for Polybutylene Terephthalate (PBT) is analyzed in this report with respect to raw plastic types and end-use industries
• The study exclusively analyzes the production capacities for PBT by major players and key regions for the recent and immediate future
• COVID-19 impact analysis has been covered for each major application area
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 24
• The industry guide includes the contact details for 33 companies
Product Outline
End-use applications market analysis for Polybutylene Terephthalate (PBT) provided in this report includes the following:
• Appliances
• Automotive & Transportation
• Electrical & Electronics
• Industrial
• Other Applications (include medical, consumer goods, sports etc.)
Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global Polybutylene Terephthalate (PBT) market for the period 2019-2028 in terms of volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2028
Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, The Netherlands, Russia, Spain, The United Kingdom and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Taiwan, Thailand and Rest of Asia-Pacific)
• South America (Argentina, Brazil and Rest of South America)
• Rest of World (Middle East and Africa)