Reinforced Polybutylene Terephthalate Quantitative Market Is Anticipated To Generate Sales Close To US$ 1.5 Bn By 2031

Newly released polybutylene terephthalate (PBT) industry analysis shows that global demand enjoyed year-on-year (YoY) growth of 5.7% in 2021, to total 1,309 KT. In terms of value, 30% reinforced PBT displayed growth of 5.8% to be valued at US$ 1 Bn, while >50% reinforced PBT was up 4.8% to reach a valuation of US$ 273 Mn.

According to Fact.MR – a market research and competitive intelligence provider, the global Reinforced polybutylene terephthalate market expanded at a CAGR 4.2% during 2016-20. Over the past half-decade, the automotive industry has driven consumption of polybutylene terephthalate.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Reinforced Polybutylene Terephthalate market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Reinforced Polybutylene Terephthalate

This newly published and insightful report sheds light on Market Insights of Reinforced Polybutylene Terephthalate, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Reinforced Polybutylene Terephthalate Market.

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include market forces analysis, which is expected to have a momentous influence on the growth of the PBT market during the forecast period.

Country-specific valuation on revenue from PBT has been offered for each regional market, along with market scope estimates and forecasts, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

In-depth Competition Analysis

The report sheds light on leading providers of polybutylene terephthalate, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in polybutylene terephthalate has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the polybutylene terephthalate market.

Worldwide consumption for polybutylene terephthalate (PBT) is expected to reach 1,150 kilo tons in 2018, according to Fact.MR valuation. Overall growth of the PBT market can be attributed to,

  • Extensive application of PBT formulations across end-user industries
  • Increasing demand for bio-based plastic and development of biodegradable and recyclable forms of PBT
  • Growing utilization in electronic components whose production is rising on the back of the fast-growing vehicle electrification landscape
  • Significant R&D investments focused on improving PBT formulations for greater functional properties

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.

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Market Segments Covered in PBT Industry Analysis

  • By Type
    • Reinforced Polybutylene Terephthalate
      • 15% Reinforced (GF) Polybutylene Terephthalate
      • 30% Reinforced (GF) Polybutylene Terephthalate
      • 50% Reinforced (GF) Polybutylene Terephthalate
      • >50% Reinforced (GF) Polybutylene Terephthalate
    • Unreinforced Polybutylene Terephthalate
  • By Processing Method
    • Injection Moulding Polybutylene Terephthalate
    • Extrusion Polybutylene Terephthalate
    • Others
  • By End Use
    • Polybutylene Terephthalate for Automotive
      • Body Panels
      • Ignition Coil Bobbins
      • Covered Insulations
      • Exhaust System part
      • Ignition System
      • Others
    •  Polybutylene Terephthalate for Packaging
      • Food Products
      • Cosmetics
    • Polybutylene Terephthalate for Electrical & Electronics
      • Transformer Coil Bobbins
      • Adapter Coil Bobbins
      • Deflection Coils
      • CRT & Potentiometer Stands
      • Switching connectors
      • Motor Cover and Bushings
      • Others
    • Polybutylene Terephthalate for Consumer Goods
      • Sporting Goods
      • Kitchen Appliances
      • Others
    • Polybutylene Terephthalate for Machinery
      • Transport machinery parts
      • Sewing Machines
      • Textile Machinery Parts
      • Power Tool Parts
      • Others

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