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Polybutylene Terephthalate (PBT) Market Report by Type (Industrial Grade, Commercial Grade), Processing Method (Injection Molding, Extrusion, Blow Molding, and Others), End Use Industry (Automotive, Extrusion Products, Electrical and Electronics, and Others), and Region 2024-2032
Market Report I 2024-03-02 I 141 Pages I IMARC Group
The global polybutylene terephthalate (PBT) market size reached US$ 2,928.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,025.9 Million by 2032, exhibiting a growth rate (CAGR) of 3.49% during 2024-2032.
Polybutylene terephthalate (PBT) is a high molecular semicrystalline engineering thermoplastic utilized as an insulating material in electronic components. It is a semi-aromatic and white or off-white colored polyester produced by polycondensation of dimethyl terephthalate or terephthalic acid with butanediol. PBT is widely used in the manufacturing of keyboards, distribution boxes, plug connectors, relays, switches and fiber optic cable jackets. It exhibits high strength, chemical, abrasion and heat resistance and dimensional stability. In comparison to the traditionally used polyethylene terephthalate (PET), PBT has a low melting point, crystallizes easily and exhibits higher impact resistance and flexibility. As a result, it finds extensive application across various industries, such as automotive, textile, electrical and electronics.
Polybutylene Terephthalate (PBT) Market Trends:
Significant growth in the automotive industry across the globe is creating a positive outlook for the market. PBT is widely used in the manufacturing of cast iron, stainless steel, bronze and ceramic-based automobile handles, fuel system components, windshield wiper covers, connectors and seat belts. Additionally, the increasing product utilization in the textile industry for producing swimwear due to the natural elastic, saltwater resistant and color retention properties of PBT is favoring the market growth. Moreover, various product innovations, such as the development of recyclable PBT, are providing a thrust to the market growth. These PBT variants are manufactured using sustainable green materials and is environmentally friendly, biocompatible and biodegradable. In line with this, the increasing demand for PBT in the manufacturing of high-voltage and sensitive electronic sensors in electric vehicles (EVs) is positively impacting the market growth. Other factors, including the implementation of various government initiatives to promote the utilization of PBT in various industries, along with the increasing product utilization to manufacture deflection coils, bushings and adapter coil bobbins, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polybutylene terephthalate (PBT) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, processing method and end use industry.
Breakup by Type:
Industrial Grade
Commercial Grade
Breakup by Processing Method:
Injection Molding
Extrusion
Blow Molding
Others
Breakup by End Use Industry:
Automotive
Extrusion Products
Electrical and Electronics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Celanese Corporation, Chang Chun Group, Clariant AG, Daicel Corporation, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM N.V., Lanxess AG, LG Chem Ltd., Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Saudi International Petrochemical Company (Sipchem) and Toray Industries Inc.
Key Questions Answered in This Report
1. What was the size of the global Polybutylene Terephthalate (PBT) market in 2023?
2. What is the expected growth rate of the global Polybutylene Terephthalate (PBT) market during 2024-2032?
3. What are the key factors driving the global polybutylene terephthalate (PBT) market?
4. What has been the impact of COVID-19 on the global polybutylene terephthalate (PBT) market?
5. What is the breakup of the global Polybutylene Terephthalate (PBT) market based on the type?
6. What is the breakup of the global Polybutylene Terephthalate (PBT) market based on the processing method?
7. What is the breakup of the global Polybutylene Terephthalate (PBT) market based on the end use industry?
8. What are the key regions in the global polybutylene terephthalate (PBT) market?
9. Who are the key players/companies in the global polybutylene terephthalate (PBT) market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Polybutylene Terephthalate (PBT) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Industrial Grade
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Commercial Grade
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Processing Method
7.1 Injection Molding
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Extrusion
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Blow Molding
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Extrusion Products
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electrical and Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Celanese Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Chang Chun Group
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Clariant AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Daicel Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 DuPont de Nemours Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Evonik Industries AG
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Koninklijke DSM N.V.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Lanxess AG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 LG Chem Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Mitsubishi Chemical Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Nan Ya Plastics Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
14.3.14 Saudi International Petrochemical Company (Sipchem)
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.15 Toray Industries Inc.
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.15.3 Financials
14.3.15.4 SWOT Analysis
Figure 1: Global: Polybutylene Terephthalate Market: Major Drivers and Challenges
Figure 2: Global: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Polybutylene Terephthalate Market: Breakup by Type (in %), 2023
Figure 5: Global: Polybutylene Terephthalate Market: Breakup by Processing Method (in %), 2023
Figure 6: Global: Polybutylene Terephthalate Market: Breakup by End Use Industry (in %), 2023
Figure 7: Global: Polybutylene Terephthalate Market: Breakup by Region (in %), 2023
Figure 8: Global: Polybutylene Terephthalate (Industrial Grade) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Polybutylene Terephthalate (Industrial Grade) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Polybutylene Terephthalate (Commercial Grade) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Polybutylene Terephthalate (Commercial Grade) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Polybutylene Terephthalate (Injection Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Polybutylene Terephthalate (Injection Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Polybutylene Terephthalate (Extrusion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Polybutylene Terephthalate (Extrusion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Polybutylene Terephthalate (Blow Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Polybutylene Terephthalate (Blow Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Polybutylene Terephthalate (Other Processing Methods) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Polybutylene Terephthalate (Other Processing Methods) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Polybutylene Terephthalate (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Polybutylene Terephthalate (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Polybutylene Terephthalate (Extrusion Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Polybutylene Terephthalate (Extrusion Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Polybutylene Terephthalate (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Polybutylene Terephthalate (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Polybutylene Terephthalate (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Polybutylene Terephthalate (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: North America: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: North America: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: United States: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: United States: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Canada: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Canada: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Asia-Pacific: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Asia-Pacific: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: China: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: China: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Japan: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Japan: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: India: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: India: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: South Korea: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: South Korea: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Australia: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Australia: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Indonesia: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Indonesia: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Others: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Others: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Europe: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Europe: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Germany: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Germany: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: France: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: France: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: United Kingdom: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: United Kingdom: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Italy: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Italy: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Spain: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Spain: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Russia: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Russia: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Latin America: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Latin America: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Brazil: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Brazil: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Mexico: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Mexico: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Others: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Others: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Middle East and Africa: Polybutylene Terephthalate Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Middle East and Africa: Polybutylene Terephthalate Market: Breakup by Country (in %), 2023
Figure 76: Middle East and Africa: Polybutylene Terephthalate Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Global: Polybutylene Terephthalate Industry: SWOT Analysis
Figure 78: Global: Polybutylene Terephthalate Industry: Value Chain Analysis
Figure 79: Global: Polybutylene Terephthalate Industry: Porter's Five Forces Analysis
Table 1: Global: Polybutylene Terephthalate Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Polybutylene Terephthalate Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Polybutylene Terephthalate Market Forecast: Breakup by Processing Method (in Million US$), 2024-2032
Table 4: Global: Polybutylene Terephthalate Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 5: Global: Polybutylene Terephthalate Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Polybutylene Terephthalate Market: Competitive Structure
Table 7: Global: Polybutylene Terephthalate Market: Key Players
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