Global Polybutylene Terephthalate (PBT) Market Size, Share, and Forecast Analysis 2025-2029

Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.

What Are the Polybutylene Terephthalate (PBT) Market Size Forecast for 2025?
There has been consistent growth in the size of the polybutylene terephthalate (pbt) market in recent times. An increase from $2.5 billion in 2024 to $2.6 billion in 2025, representing a compound annual growth rate (CAGR) of 4.0%, is anticipated. The expansion throughout the historic period is linked to its incorporation in emerging sectors, worldwide economic situations, acceptance of electric vehicles, utilization in consumer goods and textiles, and improvements in the properties of the material.

What Is the Market Size Outlook for Polybutylene Terephthalate (PBT) Until 2029?
The market for polybutylene terephthalate (pbt) is set to experience a robust increase in the coming years, expanding to $3.3 billion by 2029 with a compound annual growth rate (CAGR) of 6.1%. The predicted growth within the forecast period is associated with the ongoing emphasis on lightweight materials, changes in global economy, rising adoption of electrical vehicles (EV), surge in customer goods requirement, and market expansion in the Asia-pacific region. Key trends for the forecast period involve the demand in the automotive sector, use in electronic and electrical fields, sustainable and recyclable products, improvements in material properties, and the shrinking of electronic devices.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/polybutylene-terephthalate-pbt-global-market-report

What Are the Major Factors Driving Demand in the Polybutylene Terephthalate (PBT) Market?
The expansion of the automobile industry is set to drive the growth of the polybutylene terephthalate market. The car industry encompasses all businesses and operations tied to the fabrication of motor cars, which include key components such as bodies and engines. Polybutylene terephthalate is known for its strong resistance to thermal stress and aggressive chemicals, making it ideal for use in automotive under-the-hood applications. For example, statistics from the European Automobile Manufacturers Association in May 2023 reveal that global motor vehicle production hit 85.4 million units in 2022, displaying a significant rise of 5.7% compared to the previous year. In addition, Brand Finance PLC, a UK-based brand valuation firm, reported in February 2022 that car sector sales reached an estimated 78 million units in 2022, showcasing a considerable surge of 10%. Consequently, the thriving car industry is fuelling the polybutylene terephthalate market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8457&type=smp

How Are End-Use Segments Shaping the Polybutylene Terephthalate (PBT) Market Outlook?
The polybutylene terephthalate (pbt) market covered in this report is segmented -

1) By Type: Reinforced Polybutylene Terephthalate, Unreinforced Polybutylene Terephthalate
2) By Processing Method: Injection Molding, Extrusion, Blow Molding, Other Processing Methods
3) By End-User Industry: Automotive, Extrusion, Electrical And Electronics, Other End-User Industries

Subsegments:
1) By Reinforced Polybutylene Terephthalate: Glass Fiber Reinforced PBT, Mineral Reinforced PBT, Other Reinforcements
2) By Unreinforced Polybutylene Terephthalate: Standard PBT, High-Purity PBT

What Are the Strategic Trends Transforming the Polybutylene Terephthalate (PBT) Market Landscape?
In the polybutylene terephthalate market, the emergence of product innovations is a prominent trend. The market's leading corporations are concentrated on introducing novel product solutions to solidify their stand. To illustrate, BASF, a chemical corporation based in Germany, launched PBT Ultradur B4335G3 HR HSP, a versatile solution to reliable protection, in May 2022. The polybutylene terephthalate (PBT) Ultradur B4335G3 HR HSP created by BASF is a material designed to shield delicate electronics from diverse influences. This product boasts distinctive characteristics like hydrolysis resistance, superior flowability, and reduced melt viscosity, facilitating the manufacturing of components with thin walls.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=8457&type=smp

Who Are the Prominent Companies in the Polybutylene Terephthalate (PBT) Market by ?
Major companies operating in the polybutylene terephthalate (PBT) market are Celanese Corporation, Evonik Industries AG, Saudi Basic Industries Corporation, BASF SE, Chang Chun Group, DuPont de Nemours Inc., Lanxess AG, Koninklijke DSM N.V., Nan Ya Plastics Corporation, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Clariant AG, Daicel Corporation, LyondellBasell Industries Holdings B.V., Röchling SE & Co KG, RTP Company Inc., Duromer Products Pty. Ltd., Avient Corporation, Dow Inc., Polyplastics Co. Ltd., Teijin Limited, PolyOne Corporation, Lotte Chemical Corporation, E. I. du Pont de Nemours and Company, Polyram Plastic Industries, SK Chemicals Co. Ltd., WinTech Polymer Ltd., Polymeric Resources Corporation, Lion Idemitsu Composites Co. Ltd., Grupa Azoty S.A., Zhejiang NHU Special Materials Co. Ltd., KOLON Industries Inc., Jiangsu Heshili New Material Co. Ltd., Koch Industries, Kuraray Co. Ltd.

Which Region Is Expected to See the Highest CAGR in the Polybutylene Terephthalate (PBT) Market?
Asia-Pacific was the largest region in the polybutylene terephthalate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polybutylene terephthalate (PBT) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email:saumyas@tbrc.info
The Business Research Company -www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.