Market Overview:
The global PBT engineering plastics market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PBT engineering plastics from the automotive industry, electrical & electronics industry, and mechanical equipment industry. In terms of type, the unreinforced grade segment is expected to lead the global PBT engineering plastics market during the forecast period. This can be attributed to its low cost and easy availability as compared to other types of PBT engineering plastics.
Product Definition:
PBT Engineering Plastics is a type of thermoplastic that is composed of polybutylene terephthalate. It has high strength, stiffness, and toughness, making it ideal for use in engineering applications. PBT Engineering Plastics is often used in the production of automotive parts, medical devices, and electrical components.
Unreinforced Grade:
Unreinforced grade is a category of engineering plastics that consists of polycarbonate, nylon, and styrene-butadiene. It has no cross-linking agents such as starch or other additives to provide high impact resistance. Unreinforced grade products are used in applications where impact strength is required but not necessarily the weight or cost.
The global unreinforced PBT Engineering Plastics market size was valued at USD 1.10 billion in 2016.
Glassfiber (GF) Reinforced:
Glassfiber (GF) reinforced engineering plastics market size was estimated to be USD 5.00 million in 2016 and is expected to witness significant growth over the forecast period. The increasing demand for lightweight materials from various end-use industries such as automotive, construction, electrical & electronics, consumer goods and aerospace & defense is anticipated to propel the industry growth over the next seven years.
Application Insights:
The mechanical equipment application segment led the global PBT engineering plastics market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of PBT products in manufacturing pumps, valves, meters, motors and other electrical & electronic appliances for various industries such as oil & gas, chemical, petrochemical and power generation.
Automobile industry was the second-largest consumer of PBT engineering plastics in 2017 owing to its lightweight properties which enhance fuel efficiency along with reducing pollution levels significantly compared to heavy metal counterparts such as steel and aluminum alloys. Moreover, growing demand for electric vehicles is expected to drive product demand from 2018 through 2030 thereby contributing toward overall growth on a positive note over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and has one of the most rapidly growing economies, which are likely to support industry growth. China is projected to remain a key manufacturing hub owing to low labor cost, easy availability of raw materials, high-quality infrastructure facilities coupled with government support for industrial development.
The automotive sector in Europe accounted for around 29% share in 2016 on account of well-established manufacturers such as Volkswagen Group; BMW AG; Mercedes Benz AG DaimlerChrysler LLC.; Fiat Chrysler Automobiles N.V.; Ford Motor Company; Opel R VDA GMBH & Co KG; Renault S.A.; and Volvo Car Corporation Ltd., among others that have been dominating this industry since decades across various countries including Germany, France Italy, UK Spain Russia etc.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Growing awareness about the benefits of PBT engineering plastics over traditional materials
- Rising investments in research and development by leading players to develop new products
- Expansion of global manufacturing base by key players to cater to rising demand
- Growing popularity of PBT engineering plastics in emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
PBT Engineering Plastics Market Research Report
By Type
Unreinforced Grade, Glassfiber (GF) Reinforced, Flame-retardant Grade, Others
By Application
Automobile Industry, Electrical & Electronics, Mechanical Equipment, Others
By Companies
BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi, Ticona (Celanese), WinTech (Polyplastics,Teijin), Kolon, Toray, Jiangsu Sanfangxiang Group, BlueStar, LG Chem, Nan Ya, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global PBT Engineering Plastics Market Report Segments:
The global PBT Engineering Plastics market is segmented on the basis of:
Types
Unreinforced Grade, Glassfiber (GF) Reinforced, Flame-retardant Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Electrical & Electronics, Mechanical Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Changchun
- Lanxess
- Sabic
- Shinkong
- DuPont
- DSM
- Mitsubishi
- Ticona (Celanese)
- WinTech (Polyplastics,Teijin)
- Kolon
- Toray
- Jiangsu Sanfangxiang Group
- BlueStar
- LG Chem
- Nan Ya
- Evonik
Highlights of The PBT Engineering Plastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Unreinforced Grade
- Glassfiber (GF) Reinforced
- Flame-retardant Grade
- Others
- By Application:
- Automobile Industry
- Electrical & Electronics
- Mechanical Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PBT Engineering Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PBT Engineering Plastics is a global leader in the development and manufacture of high performance engineering plastics. Our products are used in a wide range of industries including automotive, aerospace, medical devices, consumer goods and more.
Some of the major players in the pbt engineering plastics market are BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi, Ticona (Celanese), WinTech (Polyplastics,Teijin), Kolon, Toray, Jiangsu Sanfangxiang Group, BlueStar, LG Chem, Nan Ya, Evonik.
The pbt engineering plastics market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PBT Engineering Plastics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PBT Engineering Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PBT Engineering Plastics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PBT Engineering Plastics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PBT Engineering Plastics Market Size & Forecast, 2020-2028
4.5.1 PBT Engineering Plastics Market Size and Y-o-Y Growth
4.5.2 PBT Engineering Plastics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Unreinforced Grade
5.2.2 Glassfiber (GF) Reinforced
5.2.3 Flame-retardant Grade
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Electrical & Electronics
6.2.3 Mechanical Equipment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PBT Engineering Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PBT Engineering Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Unreinforced Grade
9.6.2 Glassfiber (GF) Reinforced
9.6.3 Flame-retardant Grade
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Electrical & Electronics
9.10.3 Mechanical Equipment
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Unreinforced Grade
10.6.2 Glassfiber (GF) Reinforced
10.6.3 Flame-retardant Grade
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Electrical & Electronics
10.10.3 Mechanical Equipment
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Unreinforced Grade
11.6.2 Glassfiber (GF) Reinforced
11.6.3 Flame-retardant Grade
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Electrical & Electronics
11.10.3 Mechanical Equipment
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Unreinforced Grade
12.6.2 Glassfiber (GF) Reinforced
12.6.3 Flame-retardant Grade
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Electrical & Electronics
12.10.3 Mechanical Equipment
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Unreinforced Grade
13.6.2 Glassfiber (GF) Reinforced
13.6.3 Flame-retardant Grade
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Electrical & Electronics
13.10.3 Mechanical Equipment
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PBT Engineering Plastics Market: Competitive Dashboard
14.2 Global PBT Engineering Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Changchun
14.3.3 Lanxess
14.3.4 Sabic
14.3.5 Shinkong
14.3.6 DuPont
14.3.7 DSM
14.3.8 Mitsubishi
14.3.9 Ticona (Celanese)
14.3.10 WinTech (Polyplastics,Teijin)
14.3.11 Kolon
14.3.12 Toray
14.3.13 Jiangsu Sanfangxiang Group
14.3.14 BlueStar
14.3.15 LG Chem
14.3.16 Nan Ya
14.3.17 Evonik
