PET and PBT Resin Market 2022 Research, Share, Size, Growth, Competitor Strategy and Trends by Forecast to 2028

PET & PBT are considered as the main types of thermoplastic polyester resin. Polyethylene Terephthalate (PET) is defined as the plastic polymer manufactured by reacting two raw materials, whereas Polybutylene Terephthalate (PBT) is produced from PTA and BDO (1, 4-butanediol. In comparison to PET (polyethylene terephthalate), PBT has considerably lower strength and rigidity, and displays better impact resistance, and a lower glass transition temperature.

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The PET & PBT Resin market has witnessed a significant growth owing to factors such as rising demand for lightweight and packaged food. Moreover, growing use of such resins in manufacturing electronic and automobile components along with the substitution of metal by Polybutylene Terephthalate structures provides a huge market opportunity for the key players operating in the PET & PBT Resin market. However, the presence of PC as a substitute of PBT is projected to hamper the overall growth of the PET & PBT Resin market.

MARKET SCOPE

The "Global PET & PBT Resin Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PET & PBT Resin market with detailed market segmentation by application and geography. The global PET & PBT Resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PET & PBT Resin market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global PET & PBT resin market is segmented on the basis of application. On the basis of application, the PET & PBT Resin market is segmented into PET application and PBT application. On the basis of PET application, the market is segmented into bottles, films, food packaging and others. On the basis of PBT application, the market is segmented into automotive, electrical and electronics, consumer appliance and others.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PET & PBT Resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PET & PBT Resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the PET & PBT Resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PET & PBT Resin market in these regions.

MARKET PLAYERS

1. Alpek
2. BASF SE
3. DSM
4. E.I. Du Pont De Nemours And Co.
5. Far Eastern New Century
6. Indorama Ventures
7. Jiangsu Sanfangxiang Group
8. M and G Chemicals
9. Saudi Basic Industries Corporation
10. Toray Industries, Inc

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This release was published on openPR.