Chemicals Industry Today
Polybutylene Terephthalate Market Size, Share, Development by 2025 - QY Research, Inc.
Polybutylene Terephthalate (PBT) is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, mechanical equipment and precision instruments industries. Compared to PET (polyethylene terephthalate), PBT has slightly lower strength and rigidity, slightly better impact resistance, and a slightly lower glass transition temperature.
At present, the major manufacturers of PBT are concentrated in Changchun, BASF, Sabic, DuBay Polymer (Lanxess, DuPont) and Ticona (Celanese). Changchun is the world leader, holding 11.13% production market share in 2016. Polymer Technology and Services PBT is marketed under a wide variety of brand names by these companies.
PBT downstream is wide and recently PBT has acquired increasing significance in various fields of automotive, electrical & electronic and consumer goods applications. Globally, the PBT market is mainly driven by growing demand for automotive applications. Automotive account for nearly 49.02% of total downstream consumption of PBT in global.
At present, in Europe and USA, the PBT industry is generally at a more advanced level. The world’s large enterprises are mainly concentrated in these regions. The technology source of China PBT manufacturer is relatively concerntrated, only Jinagsu Heshili New Material has own techology. With the development of Chinese PBT production technology, their share in the global market is increasing, and competitiveness in the global market gradually increases.
The global Polybutylene Terephthalate (PBT) market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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This research report categorizes the China and global Polybutylene Terephthalate (PBT) market by type, end-use industry, and region.
International Manufacturers Covered
DuBay Polymer (Lanxess,DuPont)
China Local Manufacturers Covered
Electrical & Electronics
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