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Global Polybutylene Terephthalate (PBT) Market Size, Share, Forecast, Market Analysis 2023-2032
Polybutylene Terephthalate (PBT) Market Report
Polybutylene Terephthalate (PBT) Market Size, Growth Rate, And Forecast:
The global polybutylene terephthalate market size is expected to grow from $2.26 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The polybutylene terephthalate market size is expected to grow to $2.91 billion in 2027 at a CAGR of 5.1%.
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Polybutylene Terephthalate (PBT) Market Drivers:
The growing automotive industry is expected to propel the growth of the polybutylene terephthalate market going forward. The automotive industry refers to all those companies and activities involved in the manufacturing of motor vehicles, including most components, such as engines and bodies. Polybutylene terephthalate provides good durability under thermal stress and/or harsh chemical environments, particularly in automotive under-the-hood applications.
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Polybutylene Terephthalate (PBT) Market Segments
•By Type: Reinforced Polybutylene Terephthalate, Unreinforced Polybutylene Terephthalate
•By Processing Method: Injection Molding, Extrusion, Blow Molding, Other Processing Methods
•By End-User Industry: Automotive, Extrusion, Electrical And Electronics, Other End-User Industries
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polybutylene Terephthalate (PBT)market.
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Polybutylene Terephthalate (PBT) Market Key Players:
Major competitors in the polybutylene terephthalate (PBT) market include Celanese Corporation, Evonik Industries AG, Saudi Basic Industries Corporation, BASF SE, Chang Chun Group, DuPont de Nemours Inc., Lanxess AG, Koninklijke DSM NV, Nan Ya Plastics Corporation, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Clariant AG, Daicel Corporation, LyondellBasell Industries Holdings BV, Röchling SE & Co KG, RTP Company Inc., Duromer Products Pty Ltd and Avient Corporation.
The Business Research Company's "Global Polybutylene Terephthalate (PBT)Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Polybutylene Terephthalate (PBT) Market Include:
1. Executive Summary
2. Polybutylene Terephthalate (PBT)Market Characteristics
3. Polybutylene Terephthalate (PBT)Market Trends And Strategies
4. Polybutylene Terephthalate (PBT)Market - Macro Economic Scenario
5. Polybutylene Terephthalate (PBT)Market Size And Growth
....
26. Africa Polybutylene Terephthalate (PBT)Market
27. Polybutylene Terephthalate (PBT)Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polybutylene Terephthalate (PBT)Market
29. Polybutylene Terephthalate (PBT)Market Future Outlook and Potential Analysis
30. Appendix
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