Market Overview:
The global PBT+PET market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for lightweight and high-performance materials in automotive, electrical, and consumer goods applications. The unreinforced type segment is projected to lead the global PBT+PET market during the forecast period. However, the reinforced type segment is expected to grow at a higher CAGR owing to its superior properties such as high strength-to-weight ratio and impact resistance. Asia Pacific is estimated to be the fastest growing region during the forecast period.
Product Definition:
PBT+PET is a type of plastic that is used to make products such as water bottles, food containers, and toys. It is important because it is durable and can be recycled.
Unreinforced:
Unreinforced is a new material that has been developed to overcome the limitations of polycarbonate (PC) in terms of thermal and electrical conductivity. Unreinforced PC has superior properties such as high impact resistance, dimensional stability, low coefficient of thermal expansion and good chemical resistance.
The major factor contributing to its development was the requirement for a material with higher strength than PC but with lower costs & easier manufacturing process.
Reinforced:
Reinforced plastics are polymers that are combined with fibers, metals or other materials to improve their mechanical properties. The most common reinforcing agents used in reinforced plastics include glass fiber, carbon fiber and aramid fibers. Reinforced plastics can be used for manufacturing a wide range of products including automotive components, household goods and sports equipment. Increasing demand for lightweight vehicles is expected to drive the global reinforced plastic market over the forecast period.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The global PBT+PET market is witnessing a rapid growth due to rising demand for lightweight and high-performance materials in vehicle manufacturing. Increasing use of plastics, especially by manufacturers of luxury vehicles, is expected to drive the product demand over the forecast period.
Automotive was followed by electrical applications as they are used extensively in various components such as motor mounts & bushings, engine covers & housings and gear knob/clutch handle setsches among others. In addition to this, increasing production levels coupled with stringent regulations regarding reduction of vehicular weight has resulted in increased usage of plastic compounds including PBT and PET throughout automotive component manufacturing processes globally since past few years.
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 automotive production, coupled with growing consumer goods demand from emerging economies such as China and India. In addition, rapid industrialization along with increasing foreign investments are also expected to drive regional market growth over the next eight years.
The Asia Pacific was followed by Europe in terms of revenue generation in 2017 owing to high product consumption mainly from Germany, France and Italy regions. However, North America is projected to grow at a lucrative rate during the forecast period due to rising investment for manufacturing energy-efficient glass containers that are reinforced using PBT plastic compounds instead of PET ones thus resulting into higher revenue share for this region during the same period.
In terms of volume as well as revenue generation, Middle East & Africa (MEA) occupies third position after Asia Pacific.
Growth Factors:
- Increasing demand from beverage and food packaging industry
- Rising awareness about the benefits of PBT+PET packaging
- Growing popularity of lightweight and sustainable packaging solutions
- Proliferation of e-commerce and the need for durable, tamper-evident packages
- Development of innovative production technologies that reduce manufacturing costs
Scope Of The Report
Report Attributes
Report Details
Report Title
PBT+PET Market Research Report
By Type
Unreinforced, Reinforced
By Application
Automotive, Electrical, Consumer Goods, Other
By Companies
BASF, SABIC, DSM, Lanxess AG, LG Chem, Polyplastics
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global PBT+PET Market Report Segments:
The global PBT+PET market is segmented on the basis of:
Types
Unreinforced, Reinforced
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, Electrical, Consumer Goods, Other
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
- SABIC
- DSM
- Lanxess AG
- LG Chem
- Polyplastics
Highlights of The PBT+PET 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
- Reinforced
- By Application:
- Automotive
- Electrical
- Consumer Goods
- Other
- 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+PET 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+PET is a type of plastic that is made from two types of polymers: polybutylene terephthalate (PBT) and polyethylene terephthalate (PET). PBT+PET is a thermoplastic material that can be injection molded, extruded, or blown. It has good strength and low weight compared to other plastics.
Some of the major companies in the pbt+pet market are BASF, SABIC, DSM, Lanxess AG, LG Chem, Polyplastics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PBT+PET 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+PET Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PBT+PET 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+PET 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+PET Market Size & Forecast, 2020-2028
4.5.1 PBT+PET Market Size and Y-o-Y Growth
4.5.2 PBT+PET 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
5.2.2 Reinforced
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 Automotive
6.2.2 Electrical
6.2.3 Consumer Goods
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PBT+PET 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+PET 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
9.6.2 Reinforced
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 Automotive
9.10.2 Electrical
9.10.3 Consumer Goods
9.10.4 Other
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
10.6.2 Reinforced
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 Automotive
10.10.2 Electrical
10.10.3 Consumer Goods
10.10.4 Other
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
11.6.2 Reinforced
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 Automotive
11.10.2 Electrical
11.10.3 Consumer Goods
11.10.4 Other
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
12.6.2 Reinforced
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 Automotive
12.10.2 Electrical
12.10.3 Consumer Goods
12.10.4 Other
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
13.6.2 Reinforced
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 Automotive
13.10.2 Electrical
13.10.3 Consumer Goods
13.10.4 Other
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+PET Market: Competitive Dashboard
14.2 Global PBT+PET Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 SABIC
14.3.3 DSM
14.3.4 Lanxess AG
14.3.5 LG Chem
14.3.6 Polyplastics
