Global PBT Neat Resin Market Growth 2023-2029

Global PBT Neat Resin Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “PBT Neat Resin Industry Forecast” looks at past sales and reviews total world PBT Neat Resin sales in 2022, providing a comprehensive analysis by region and market sector of projected PBT Neat Resin sales for 2023 through 2029. With PBT Neat Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PBT Neat Resin industry.

This Insight Report provides a comprehensive analysis of the global PBT Neat Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PBT Neat Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PBT Neat Resin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PBT Neat Resin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PBT Neat Resin.

The global PBT Neat Resin market size is projected to grow from US$ 4072.2 million in 2022 to US$ 4837.1 million in 2029; it is expected to grow at a CAGR of 4837.1 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of PBT Neat Resin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Injection Grade PBT

Extrusion Grade PBT

Segmentation by application

Electrical & Electronics

Automobile Industry

Mechanical Equipment

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Changchun

BASF

Sabic

DuBay Polymer (Lanxess,DuPont)

Ticona (Celanese)

DuPont

Kanghui

Mitsubishi

HNEC

WinTech (Polyplastics,Teijin)

Toray

BlueStar

Yizheng (Sinopec)

Blueridge

Shinkong

DSM

Sipchem

Nan Ya

Heshili

Key Questions Addressed in this Report

What is the 10-year outlook for the global PBT Neat Resin market?

What factors are driving PBT Neat Resin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PBT Neat Resin market opportunities vary by end market size?

How does PBT Neat Resin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.