Market Overview:
The global short glass fiber reinforced PBT market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The increasing demand for high-performance plastics in automotive, aerospace, electrical & electronics and construction applications is driving the growth of the global short glass fiber reinforced PBT market. The growing demand for lightweight and durable materials in these applications is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
Short Glass Fiber Reinforced PBT is a thermoplastic material that is made up of short glass fibers and polybutylene terephthalate. It has a high strength-to-weight ratio and good stiffness, making it ideal for use in applications where weight savings are important. Short Glass Fiber Reinforced PBT can also withstand high temperatures, making it suitable for use in automotive and aerospace applications.
Injection Molding:
Injection molding is a process of manufacturing plastic parts and components by using injection molding machine. This process involves melting the raw materials (thermoplastics & thermosetting polymers) in the furnace, which is then injected into cavities at a certain pressure to create desired shape. The major advantage of this technique over other processes such as casting or extrusion is that it provides dimensional accuracy and high quality.
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 desired final product. Extrusion molding has several advantages over other processes such as injection molding and compression molding, which are used for producing different products.
Application Insights:
The global demand for short glass fiber reinforced PBT has witnessed a rise due to its wide application in automotive, aerospace and other industries. In addition, the product is used in numerous end-use industries including electrical & electronics, construction and others. The automotive segment accounted for over 40% of the overall market revenue share in 2017 on account of high usage of polybutylene terephthalate (PBT) products with enhanced properties such as impact resistance and wear & corrosion resistance.
Aerospace is projected to be one of the fastest growing segments at an estimated CAGR 5.9% from 2018 to 2030 owing to increasing use of lightweight materials that reduce fuel costs while improving performance characteristics such as strength and durability. Moreover, rising R&D activities pertaining to advanced composites that are lighter than conventional alloys will further augment growth prospects over the forecast period.
Regional Analysis:
Asia Pacific dominated the global short glass fiber reinforced PBT market in 2016 and is expected to continue over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as automotive, aerospace, electrical & electronics and construction.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2016 owing to high production volumes of wind turbines and solar cells mainly in Germany, Italy and France. In addition, rising R&D activities related to energy storage systems are projected to fuel product demand over the next eight years.
North America is anticipated to witness significant growth due its growing automobile industry coupled with an increase in defense spending by countries such as the U.S.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Growing demand for lightweight and high-performance materials in automotive sector
- Rising popularity of short glass fiber reinforced PBT in Asia Pacific region
- Technological advancements in manufacturing processes of short glass fiber reinforced PBT
- Growing awareness about the benefits of using short glass fiber reinforced PBT among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Short Glass Fiber Reinforced PBT Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Automotive, Aerospace, Electrical & Electronics, Construction, Others
By Companies
BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, Kingfa Science and Technology, Shanghai PRET Composites
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Short Glass Fiber Reinforced PBT Market Report Segments:
The global Short 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:
- BASF
- Lanxess
- DSM
- SABIC
- PolyOne
- DuPont
- Solvay
- Hexion
- Celanese
- RTP
- SI Group
- Sumitomo Bakelite
- Evonik
- Daicel
- Kolon
- Denka
- Kingfa Science and Technology
- Shanghai PRET Composites
Highlights of The Short 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 Short 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.
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- Correctly Positioning New Products
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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?
Short glass fiber reinforced PBT is a type of thermoplastic elastomer that is made from short fibers of glass. This material has excellent resistance to heat, chemicals, and abrasion. It is also lightweight and flexible, making it ideal for applications such as eyeglasses frames and phone cases.
Some of the major companies in the short glass fiber reinforced pbt market are BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, Kingfa Science and Technology, Shanghai PRET Composites.
The short 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 Short 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 Short Glass Fiber Reinforced PBT Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Short 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 Short 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 Short Glass Fiber Reinforced PBT Market Size & Forecast, 2018-2028 4.5.1 Short Glass Fiber Reinforced PBT Market Size and Y-o-Y Growth 4.5.2 Short Glass Fiber Reinforced PBT Market Absolute $ Opportunity
Chapter 5 Global Short 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 Short 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 Short 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 Short 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 Short 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 Short 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 Short Glass Fiber Reinforced PBT Analysis and Forecast
9.1 Introduction
9.2 North America Short 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 Short 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 Short 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 Short Glass Fiber Reinforced PBT Analysis and Forecast
10.1 Introduction
10.2 Europe Short 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 Short 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 Short 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 Short Glass Fiber Reinforced PBT Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Short 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 Short 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 Short 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 Short Glass Fiber Reinforced PBT Analysis and Forecast
12.1 Introduction
12.2 Latin America Short 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 Short 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 Short 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) Short Glass Fiber Reinforced PBT Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Short 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) Short 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) Short 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 Short Glass Fiber Reinforced PBT Market: Competitive Dashboard
14.2 Global Short Glass Fiber Reinforced PBT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Lanxess
14.3.3 DSM
14.3.4 SABIC
14.3.5 PolyOne
14.3.6 DuPont
14.3.7 Solvay
14.3.8 Hexion
14.3.9 Celanese
14.3.10 RTP
14.3.11 SI Group
14.3.12 Sumitomo Bakelite
14.3.13 Evonik
14.3.14 Daicel
14.3.15 Kolon
14.3.16 Denka
14.3.17 Kingfa Science and Technology
14.3.18 Shanghai PRET Composites