Market Overview:
The global long glass fiber reinforced PBT market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for long glass fiber reinforced PBT from various end-use industries, such as automotive, aerospace, electrical & electronics, construction and others. In addition, the growing demand for lightweight and high-performance materials is also contributing to the growth of this market. Based on type, injection molding is expected to be the fastest-growing segment during the forecast period. This can be attributed to its ability to produce parts with complex shapes and tight tolerances.
Product Definition:
Long Glass Fiber Reinforced PBT is a thermoplastic with high tensile and impact strength. It has good resistance to creep, fatigue and wear. It is used in automotive, medical and electrical applications.
Injection Molding:
Injection molding is a process of manufacturing thermoplastics by using injection molding machine. This process has gained popularity in the recent past and is expected to grow at a significant rate owing to its cost effectiveness, ease of use and high efficiency. Injection molding can be used for both large & small scale production depending on customer requirements.
Extrusion Molding:
Extrusion molding is a process of converting an object into a three-dimensional shape by passing it through a heated barrel containing the plastic material. The extruded product is then cooled and cut to produce the final product. This method offers several advantages over other molding processes such as high production rate, cost efficiency, and ability to create complex shapes.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for lightweight vehicles, which use long glass fiber reinforced PBT as a molding material. In addition, rising demand from the automotive industry is expected to drive market growth during the forecast period.
Aerospace is another key application segment owing to high requirements of impact resistance and excellent mechanical properties required by space age materials withstanding extreme conditions such as temperature & pressure fluctuations while in storage or on orbit around Earth. Long glass fiber reinforced PBT offers excellent impact strength along with wear resistance & durability making it suitable for aerospace applications including engine nacelles, airframe panels, leading and trailing edge panels on aircraft wings among others.
Electrical & electronics includes consumer appliances like refrigerators, washing machines etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as automotive, construction, electronics, and others. China is one of the largest producers of polybutylene terephthalate (PBT) owing to cheap labor cost and availability of raw material at a low price.
The country has been witnessing rapid urbanization due to which there has been an increase in infrastructural development activities that have led to increased demand for Long Glass Fiber Reinforced PBT products across various applications such as aerospace & defense, electrical & electronics industry.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and durable components
- Growing demand for long glass fiber reinforced PBT in electrical and electronic applications
- Rising popularity of long glass fiber reinforced PBT in medical implants and other biomedical applications
- Increasing use of long glass fiber reinforced PBT in construction and engineering projects
- Growing awareness about the benefits of using long glass fiber reinforced PBT among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Long Glass Fiber Reinforced PBT Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Automotive, Aerospace, Electrical & Electronics, Construction, Others
By Companies
SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, Nippon Electric Glass, RTP, Core Molding Technologies, PlastiComp
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Long Glass Fiber Reinforced PBT Market Report Segments:
The global Long Glass Fiber Reinforced PBT market is segmented on the basis of:
Types
Injection Molding, Extrusion Molding
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
Automotive, Aerospace, Electrical & Electronics, Construction, 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:
- SABIC
- Celanese Corporation
- Daicel Polymer
- PolyOne
- Lotte Chemical
- Solvay
- Nippon Electric Glass
- RTP
- Core Molding Technologies
- PlastiComp
Highlights of The Long Glass Fiber Reinforced PBT 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:
- Injection Molding
- Extrusion Molding
- By Application:
- Automotive
- Aerospace
- Electrical & Electronics
- Construction
- 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 Long Glass Fiber Reinforced PBT 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?
Long Glass Fiber Reinforced PBT is a type of thermoplastic elastomer that is reinforced with glass fibers. This material offers high strength and stiffness, making it ideal for applications such as eyeglasses frames, phone cases, and other consumer goods.
Some of the major players in the long glass fiber reinforced pbt market are SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, Nippon Electric Glass, RTP, Core Molding Technologies, PlastiComp.
The long glass fiber reinforced pbt market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size & Forecast, 2018-2028
4.5.1 Long Glass Fiber Reinforced PBT Market Size and Y-o-Y Growth
4.5.2 Long Glass Fiber Reinforced PBT Market Absolute $ Opportunity
Chapter 5 Global Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Type
5.2.1 Injection Molding
5.2.2 Extrusion Molding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Electrical & Electronics
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Analysis and Forecast
9.1 Introduction
9.2 North America Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Type
9.6.1 Injection Molding
9.6.2 Extrusion Molding
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 Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Electrical & Electronics
9.10.4 Construction
9.10.5 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 Long Glass Fiber Reinforced PBT Analysis and Forecast
10.1 Introduction
10.2 Europe Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Type
10.6.1 Injection Molding
10.6.2 Extrusion Molding
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 Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Electrical & Electronics
10.10.4 Construction
10.10.5 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 Long Glass Fiber Reinforced PBT Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Type
11.6.1 Injection Molding
11.6.2 Extrusion Molding
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 Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Electrical & Electronics
11.10.4 Construction
11.10.5 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 Long Glass Fiber Reinforced PBT Analysis and Forecast
12.1 Introduction
12.2 Latin America Long Glass Fiber Reinforced PBT 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 Long Glass Fiber Reinforced PBT Market Size Forecast by Type
12.6.1 Injection Molding
12.6.2 Extrusion Molding
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 Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Electrical & Electronics
12.10.4 Construction
12.10.5 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) Long Glass Fiber Reinforced PBT Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Long Glass Fiber Reinforced PBT 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) Long Glass Fiber Reinforced PBT Market Size Forecast by Type
13.6.1 Injection Molding
13.6.2 Extrusion Molding
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) Long Glass Fiber Reinforced PBT Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Electrical & Electronics
13.10.4 Construction
13.10.5 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 Long Glass Fiber Reinforced PBT Market: Competitive Dashboard
14.2 Global Long Glass Fiber Reinforced PBT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SABIC
14.3.2 Celanese Corporation
14.3.3 Daicel Polymer
14.3.4 PolyOne
14.3.5 Lotte Chemical
14.3.6 Solvay
14.3.7 Nippon Electric Glass
14.3.8 RTP
14.3.9 Core Molding Technologies
14.3.10 PlastiComp
