Polybutylene Terephthalate (PBT) Market Share, Trends, Top Players, Segments and Forecasts Research | BASF SE, Chang Chun Group, Hengli Group Co., Ltd.

The Polybutylene Terephthalate (PBT) Market is anticipated to reach USD 4.9 billion by 2031 from USD 3.0 billion in 2022, at a CAGR of 6.6% during the forecast period.

DataM Intelligence has published a new research report on "Polybutylene Terephthalate (PBT) Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Polybutylene terephthalate (PBT) is a thermoplastic engineering polymer that belongs to the polyester family. Renowned for its excellent mechanical properties, heat resistance, and electrical insulation capabilities, PBT is widely used in various industries, including automotive, electronics, and consumer goods.

Key Developments:

On February 14, 2023, Polyplastics Group made waves in the automotive industry by introducing an innovative electrically conductive version of DURANEX polybutylene terephthalate (PBT), specifically designed for millimeter-wave radar applications. This new product, DURANEX PBT 201EB, not only boasts electrical conductivity but also offers electromagnetic wave shielding. This dual functionality is a game changer, streamlining assembly efforts and significantly reducing production costs.

Just a year earlier, on February 23, 2022, BASF (Malaysia) Sdn Bhd announced an exciting expansion of its manufacturing capacity, adding an impressive 5,000 metric tons annually for its Ultramid polyamide (PA) and Ultradur polybutylene terephthalate (PBT) products. The company is on track to complete the debottlenecking process at its facility in Pasir Gudang, Malaysia, by the second quarter of 2023, further enhancing its production capabilities.

In another noteworthy development, on June 23, 2021, Celanese Corporation, a leader in chemical and specialty materials, acquired technology from Grupa Azoty S.A. in Tarnow, Poland, related to the manufacture of polyacetal (POM) products. This move came after Grupa Azoty decided to halt its POM production. With this acquisition, Celanese is set to take over all current Tarnoform contracts, ensuring continued customer support and service for Azoty's clients.

Research Process:

Both primary and secondary data sources have been used in the global Polybutylene Terephthalate (PBT) Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Polybutylene Terephthalate (PBT) Market:

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.

Segment Covered in the Polybutylene Terephthalate (PBT) Market:

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.

Regional Analysis:

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

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Regional Analysis:

The global Polybutylene Terephthalate (PBT) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Polybutylene Terephthalate (PBT) Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Polybutylene Terephthalate (PBT) manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Polybutylene Terephthalate (PBT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Polybutylene Terephthalate (PBT) Market?

A) Global Polybutylene Terephthalate (PBT) Market reached US$ 3.0 billion in 2022 and is expected to reach US$ 4.9 billion by 2031

Q2) Who are the key players of Polybutylene Terephthalate (PBT) Market?

A) key players 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.

Q3) What are the regions covered in this report?

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

4) What are the Segments Coverd in this report?

A) The Polybutylene Terephthalate (PBT) market is segmented as

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.

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