Polybutylene Terephthalate (PBT) Market Surges Amid Booming Automotive & Electronics Demand | Global Forecast 2025 | Top key players - BASF SE, Chang Chun Group, Hengli Group Co., Ltd.

The Global Polybutylene Terephthalate (PBT) Market reached US$ 3.0 billion in 2022 and is expected to reach US$ 4.9 billion by 2031, growing with a CAGR of 6.6% during the forecast period 2024-2031. | According to DataM Intelligence

The Polybutylene Terephthalate (PBT) Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Polybutylene Terephthalate (PBT) Market focuses on the production, distribution, and application of PBT, a high-performance engineering thermoplastic known for its excellent dimensional stability, heat resistance, and electrical insulation properties. Widely used in automotive, electrical, electronics, and consumer goods, the market reflects rising demand for lightweight, durable materials supporting innovation and sustainability across multiple industrial sectors.

Prominent Industry players in the Polybutylene Terephthalate (PBT) Market

The prominent players in Polybutylene Terephthalate (PBT) market research report are: BASF SE, Chang Chun Group, Hengli Group Co., Ltd., SABIC, Celanese Corporation, Polyplastics Co., Ltd., Evonik Industries AG, Koninklijke DSM N.V., Lanxess AG and Mitsubishi Chemical Corporation.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Industry News of USA:

✅ February 14, 2023 - Polyplastics Group launched an electrically conductive DURANEX PBT grade (201EB), designed for millimeter-wave radar applications in automotive. The material combines electrical conductivity with electromagnetic wave shielding, helping to simplify assembly and lower production costs.

✅ February 23, 2022 - BASF (Malaysia) Sdn Bhd increased its production capacity by 5,000 metric tons per year for Ultramid polyamide (PA) and Ultradur PBT. The debottlenecking project at the Pasir Gudang facility is set for completion in Q2 2023, supporting growing regional demand.

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Market Segments

By Type: Reinforced Polybutylene Terephthalate, Unreinforced Polybutylene Terephthalate.

By Processing Method: Injection Molding, Blow Molding, Extrusion, Others.

By End-User: Automotive, Packaging, Electrical & Electronics, Consumer Goods, Machinery, Building and Construction, Aerospace, Others.

The Polybutylene Terephthalate (PBT) industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Polybutylene Terephthalate (PBT) Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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