PBT Market Global Trends, Business Strategies and Opportunities with Top Key Players- Lanxess AG, DuPont, SABIC, Mitsubishi Chemical, Polyplastics, Shinkong Synthetic Fibers, Celanese Corporation, Toray Industries

A new study by Fact.MR on polybutylene terephthalate (PBT) market is compiled in the report titled, “Polybutylene Terephthalate (PBT) Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027.” The polybutylene terephthalate (PBT) market report covers all the vital facets of the market that hold significant influence on the future performance of the PBT market. A thorough SWOT analysis, associated industry assessment and inclusion of macro and microeconomic factors makes the forecast derived in the PBT market report most viable. In addition, the PBT market report also covers thorough discussion on the market structure as well as exhaustive regional analysis for the historical period 2013-2017 and forecast period 2018-2027.

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As per Fact.MR valuation, the steadily rising PBT consumption across the globe is expected to witness an increase of over 50 kilo tons, growing at the rate of 4.8% in 2018 over 2017.

“The landscape of engineering thermoplastic polymers is gaining center stage owing to their superior performance and functional properties. Global consumption of PBT is set to rise on the back of increasing importance of PBT in multiple applications of electronics and automotive industries. Buoyancy in the automotive sector and expansion of the electronics industry have regained the declining sales of PBT in the past decade. In 2018, PBT sales are expected to generate over US$ 2.5 billion market revenues,” says a senior analyst at Fact.MR.

The segmentation of PBT market based on application. Different applications of the PBT includes electrical & electronics, automotive, consumer appliances, industrial, extrusion and others. Supply-demand scenario of PBT in all applications in key regions and market size and forecast are included in this chapter.

Based on application, the PBT market is categorized into electrical & electronics, automotive, consumer appliances, industrial, extrusion and others. A thorough analysis of these applications across regions and their market size forecast in terms of value and volume are covered.

Laser transmission welding is gaining center stage with the technique’s growing importance in commercial production of compact plastic parts used across industries including automotive, electronics and consumer electronics. Optical properties of plastic combined with process parameters determine the efficiency of laser transmission welding. Lower transparency of PBT has hindered optimum optical transmission, thereby resulting in low quality laser transmission welding.

Rising Prices of Polybutylene Terephthalate (PBT) Spurred by Increasing Raw Material Costs

The landscape of specialty chemicals including engineering polymers continues to witness volatility in prices owing to fluctuations in raw material costs. In the recent past, the PBT marketplace has witnessed price increase of PBT formulations led by increasing raw material costs across world countries and import tariffs on engineered materials.

In February 2018, DSM Engineering Plastics announced a price increase on company’s polyamide and thermoplastic polyester products including Arnite® polybutylene terephthalate (PBT) products whose prices will increase by the equivalent of €175 per metric ton
In August 2018, Celanese Corporation announced a price increase on its PET, PBT and other engineering polymers.
In September 2018, Chang Chun Plastics (CCP), a global provider of plastic resins announced a price increase for company’s PBT neat Resin.
In November 2018, LAXNESS, a specialty chemical company announced an immediate price increase of the brands Pocan (PBT blends) and Durethan A (Polyamide 6.6).
Key companies profiled in the PBT market report include BASF SE, Chang Chun Plastics, DSM Engineering Plastics, Lanxess AG, DuPont, SABIC, Mitsubishi Chemical, Polyplastics, Shinkong Synthetic Fibers, Celanese Corporation, Toray Industries, SipChem and others.

Additional Questions Answered

In addition to the aforementioned insights, the PBT market report also covers all-inclusive insights of the PBT market wherein the discussion includes information that may address some of the bemusing questions of business professionals interested in PBT market.

What will be the market size of PBT in terms of value and volume in 2018?
Considering the extensive applications of PBT, in which application sales of polybutylene terephthalate (PBT) will be higher in 2018 and by the end of the forecast period?
What will be the consumption and production trend of PBT across key business regions?
Which region will register the highest demand for polybutylene terephthalate (PBT) in 2018 and by the end of the forecast?
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