PBT Resins Market Size 2020, Share, Growth, Business Strategies, Future Forecast 2025 Industry Analysis by Types, Key Players, Regions & Application - PowerPoint PPT Presentation

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PBT Resins Market Size 2020, Share, Growth, Business Strategies, Future Forecast 2025 Industry Analysis by Types, Key Players, Regions & Application

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Title: PBT Resins Market Size 2020, Share, Growth, Business Strategies, Future Forecast 2025 Industry Analysis by Types, Key Players, Regions & Application


1
Global PBT Resins Market
  • Growing packaging and electrical industry is
    driving the growth in PBT Resins Market

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2
PBT Resins Market 2019 Product Type, End-user
Industry, Application Forecast 2025
  • PBT resins or polybutylene terephthalate resins,
    are semi-crystalline, synthetic engineered
    thermoplastics which have very related
    composition and properties to PET (polyethylene
    terephthalate). PBT resins belong to the
    polyester group of resins and have very similar
    characteristic properties with other
    thermoplastic polyesters. PBT resins are
    high-performance material which have higher
    molecular weight and have stiff, strong, and
    engineerable plastic properties. PBT resins are
    present in a wide range of colours from white to
    bright colours. Polybutylene Terephthalate resins
    are formulated by using special catalysts coupled
    with the polycondensation of dimethyl
    terephthalate or terephthalic acid with 1,
    4butanediol. PBT resins are widely used in
    several industries such as automotive, medical,
    electrical and electronics, and others.
  • PBT resins are very good for injection molding
    and come in various grades such as reinforced,
    filled, impact-modified, and flame-retardant.
    Glass-reinforced PBT have a two-to threefold of
    increase in properties such as flexural, tensile,
    moduli, and compressive strengths as compared to
    non-reinforced resins. There is a rise in the use
    of PBT resins for extrusion techniques and
    injection molding such as rod and slab
    production, melt-blowing of PBT fibers, brake
    cable liners, and fiber optic buffer tubes owing
    to which the demand for PBT Resins is expected to
    grow over the forecast period.
  • Growing demand of packaging sheets and films, and
    electrical electronics components is driving
    the PBT Resins market
  • Polybutylene terephthalate resins are widely used
    in electrical engineering for housings, as the
    texture is UV radiation, wear and tear resistant.
    With the growing consumption of consumer
    electronics, and other electrical devices, the
    market for PBT resins is expected to witness a
    significant growth during the forecast period.

3
PBT Resins Market 2019 Product Type, End-user
Industry, Application Forecast 2025
  • PBT resins are also substituting former
    crystalline thermoplastics for instance nylon,
    acetal, and polypropylene, due to the growing
    necessity for improved and enhanced performance.
    PBT resins (polybutylene terephthalate) are also
    competing with various amorphous engineering
    materials such as polycarbonate and polysulfone.
    PBTs also have a very high resistance to a
    extensive range of chemicals at room temperature
    such as gasoline, aliphatic hydrocarbons, carbon
    tetrachloride, oils, alcohols, fats, glycols,
    perchloroethylene, ethers, esters, and dilute
    bases and acids, owing to which the demand for
    PBT resins is expected to grow over the forecast
    period.
  • Growing demand for consumer electronics in PBT
    Resins market
  • PET resin market is being driven by the growing
    demand for new and robust packaging materials
    which are substituting traditional packaging
    materials such as aluminum, glass, metal, paper,
    and others. Major brands of PBT resins include
    Ultradur supplied by BASF, BLUESTAR PBT by
    Bluestar, Crastin by DuPont, Pocan by Lanxess,
    NOVADURAN by Mitsubishi, LNP LUBRICOMP, VALOX by
    SABIC, and RAMSTER by Polyram. Consumer goods and
    applications require versatility, durability, and
    high resistance to electrical stresses and higher
    temperatures, which can be achieved by using new
    and advanced PBT-based resins. PBT resins are
    widely used in small handheld, potable and
    wearable devices and appliances.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/pbt-resins-market

4
PBT Resins Market 2019 Product Type, End-user
Industry, Application Forecast 2025
  • Asia-Pacific will lead the growth in the PBT
    resin market
  • The growth in the Asia-Pacific region is mainly
    driven by China, Japan and India and is projected
    to lead the market with the highest CAGR during
    the forecast period. China is one of the leading
    manufacturers of electronics and consumer goods,
    with a dominant position all over the world. The
    electronics sector is the most prominent export
    category, as the country contributes around 8.7
    of the total exports globally. With the growing
    demand for consumer goods and electronics all
    over the world is expected to drive the PBT
    resins market during the forecast period.
  • India is an emerging hub for major manufacturers
    of various electronics, electrical, consumer
    goods, and various other industries owing to the
    presence of cheap labor, growing foreign direct
    investments, and open government policies. Due to
    the various emerging campaigns such as Make in
    India by the modi government, there is a rise in
    the manufacturing industries all over the
    country. India is one of the promising and
    lucrative market for several consumer electronics
    and automobile industries, and the rise in the
    standard of living of general public is
    anticipated to drive the growth of these sectors
    in the coming years. Additionally, growing need
    for better and improved polymer resins is
    expected to boost the PBT resin market. PBT
    resins have major applications in the automotive,
    electrical, electronics, and consumer goods
    industries, which is expected to drive the market
    over the forecast period.

5
Market Segments PBT Resins Market
  • By Type
  • Injection Grade PBT
  • Extrusion Grade PBT
  • Others
  • By End User
  • Automotive
  • Electrical Electronics
  • Consumer Appliances
  • Others
  • Regional Overview, 2018-2028 (USD Million)
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East Africa

6
Market Segments PBT Resins Market
  • Key Market Players
  • BASF SE
  • DuPont de Nemours, Inc.
  • Lanxess
  • Mitsubishi Engineering Plastics
  • SABIC
  • Polyram Plastic Industries LTD
  • Celanese Corporation
  • Radici Group
  • Toray Industries Inc.
  • China National Bluestar (Group) Co,Ltd.
  • Purchase a single user copy of the global PBT
    Resins Market report_at_ https//www.adroitmarketrese
    arch.com/researchreport/purchase/1382

7
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
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    prepare go-to-market (GTM) strategies, identify
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    many more.
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