Polybutylene Terephthalate Trends and Forecast
The future of the global polybutylene terephthalate market looks promising with opportunities in the automotive, extrusion product, and electrical & electronic markets. The global polybutylene terephthalate market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing demand for green & renewable products and rising adoption of engineered plastics.Polybutylene Terephthalate by Segment
The study includes a forecast for the global polybutylene terephthalate by type, processing method, end use industry, and region.Polybutylene Terephthalate Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Industrial Grade
- Commercial Grade
Polybutylene Terephthalate Market by Processing Method [Shipment Analysis by Value from 2018 to 2030]
- Injection Molding
- Extrusion
- Blow Molding
- Others
Polybutylene Terephthalate Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]
- Automotive
- Extrusion Products
- Electrical & Electronics
- Others
Polybutylene Terephthalate Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Polybutylene Terephthalate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polybutylene terephthalate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polybutylene terephthalate companies profiled in this report include-- BASF
- Celanese
- Chang Chun
- Clariant
- Daicel
- DuPont de Nemours
- Evonik
- Koninklijke
- Lanxess
- LG Chem
Polybutylene Terephthalate Market Insights
The publisher forecasts that industrial grade is expected to witness the higher growth over the forecast period.Within this market, automotive is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Polybutylene Terephthalate Market
- Market Size Estimates: Polybutylene terephthalate market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Polybutylene terephthalate market size by type, processing method, end use industry, and region in terms of value ($B).
- Regional Analysis: Polybutylene terephthalate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, processing methods, end use industries, and regions for the polybutylene terephthalate market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polybutylene terephthalate market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polybutylene terephthalate market size?Answer: The global polybutylene terephthalate market is expected to reach an estimated $3.9 billion by 2030.
Q2. What is the growth forecast for polybutylene terephthalate market?
Answer: The global polybutylene terephthalate market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polybutylene terephthalate market?
Answer: The major drivers for this market are increasing demand for green & renewable products and rising adoption of engineered plastics.
Q4. What are the major segments for polybutylene terephthalate market?
Answer: The future of the polybutylene terephthalate market looks promising with opportunities in the automotive, extrusion product, and electrical & electronic markets.
Q5. Who are the key polybutylene terephthalate market companies?
Answer: Some of the key polybutylene terephthalate companies are as follows:
- BASF
- Celanese
- Chang Chun
- Clariant
- Daicel
- DuPont de Nemours
- Evonik
- Koninklijke
- Lanxess
- LG Chem
Answer: The publisher forecasts that industrial grade is expected to witness the higher growth over the forecast period.
Q7. In polybutylene terephthalate market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polybutylene terephthalate market by type (industrial grade and commercial grade), processing method (injection molding, extrusion, blow molding, and others), end use industry (automotive, extrusion products, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- BASF
- Celanese
- Chang Chun
- Clariant
- Daicel
- DuPont de Nemours
- Evonik
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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