Market Overview:
The global PBT resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PBT resin from the electrical & electronics, automobile industry, and mechanical equipment industries. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
PBT resin is a type of engineering thermoplastic that is used in a variety of industrial and commercial applications. It has excellent mechanical properties, high resistance to heat and chemicals, and good dimensional stability. PBT resin is often used in the manufacture of gears, bearings, bushings, electrical connectors, and other components that require high strength and durability.
Injection Grade PBT:
Injection grade PBT is a kind of polybutylene terephthalate resin, which is used for manufacturing automotive and electrical components. It has high thermal stability, excellent mechanical strength and toughness, low moisture absorption rate and good dimensional stability.
The global injection-grade PBT market size was estimated at USD 1.91 billion in 2016 on account of its rising demand from various end-use industries including automotive & transportation, electrical & electronics packaging solutions among others.
Extrusion Grade PBT:
Extrusion-grade PBT is a special type of polybutylene terephthalate (PBT) resin that has been processed to give it an extruded appearance. It is produced by the cross-linking of polymer chains in high shear force and elevated temperature conditions. The product can be used as a replacement for thermoset rubbers such as SBR, EPDM, chlorosulfonated polyethylene, and silicone rubber.
Application Insights:
The mechanical equipment application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. PBT resins are used in manufacturing various types of machines, including extruders, calendaring press, molding compounders and die-cast machines. The high-performance nature of these products has led to increased adoption across a wide range of industries worldwide.
Automobile industry was another major end user segment that contributed significantly towards market demand in 2017. Increasing production levels across the world coupled with rising consumer preference for vehicles with better aesthetics is expected to drive automotive applications over the forecast period.
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 product demand from end-use industries such as electrical & electronics, automobile, and others. China is one of the largest producers of PBT products owing to low raw material cost coupled with easy availability of labor in this country.
The Asia Pacific regional market was followed by Europe which accounted for a share of more than 20% in 2017 owing to high consumption levels from key application sectors such as consumer goods, medical devices, industrial machinery and others. The presence of major automotive manufacturers including Volkswagen Group; BMW Group; Daimler AG; Ford Motor Company LLC.; Mercedes-Benz AG; Fiat Chrysler Automobiles N.V.; Volvo Car Corporation Limited.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising demand for lightweight and durable materials in automotive sector
- Growing construction industry in developing countries
- Increasing penetration of composites in electrical & electronics sector
- Technological advancements that lead to development of new applications for PBT resin
Scope Of The Report
Report Attributes
Report Details
Report Title
PBT Resin Market Research Report
By Type
Injection Grade PBT, Extrusion Grade PBT
By Application
Electrical & Electronics, Automobile Industry, Mechanical Equipment, Other Products
By Companies
Changchun, BASF, Sabic, DuBay Polymer, Ticona, DuPont, Kanghui, Mitsubishi, HNEC, WinTech, Toray, BlueStar, Yizheng (Sinopec), Blueridge, Shinkong, DSM, Sipchem, Nan Ya, Heshili
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global PBT Resin Market Report Segments:
The global PBT Resin market is segmented on the basis of:
Types
Injection Grade PBT, Extrusion Grade PBT
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
Electrical & Electronics, Automobile Industry, Mechanical Equipment, Other Products
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:
- Changchun
- BASF
- Sabic
- DuBay Polymer
- Ticona
- DuPont
- Kanghui
- Mitsubishi
- HNEC
- WinTech
- Toray
- BlueStar
- Yizheng (Sinopec)
- Blueridge
- Shinkong
- DSM
- Sipchem
- Nan Ya
- Heshili
Highlights of The PBT Resin 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 Grade PBT
- Extrusion Grade PBT
- By Application:
- Electrical & Electronics
- Automobile Industry
- Mechanical Equipment
- Other Products
- 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 Resin 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 resin is a type of thermoplastic that is made from polybutadiene and bisphenol-A. It has a low melting point, so it can be easily molded into different shapes. PBT resin is often used in products that need to be heat-resistant, such as phone cases and eyeglasses frames.
Some of the key players operating in the pbt resin market are Changchun, BASF, Sabic, DuBay Polymer, Ticona, DuPont, Kanghui, Mitsubishi, HNEC, WinTech, Toray, BlueStar, Yizheng (Sinopec), Blueridge, Shinkong, DSM, Sipchem, Nan Ya, Heshili.
The pbt resin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PBT Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PBT Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PBT Resin Market - Supply Chain
4.5. Global PBT Resin Market Forecast
4.5.1. PBT Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PBT Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. PBT Resin Market Absolute $ Opportunity
5. Global PBT Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PBT Resin Market Size and Volume Forecast by Type
5.3.1. Injection Grade PBT
5.3.2. Extrusion Grade PBT
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PBT Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PBT Resin Market Size and Volume Forecast by Application
6.3.1. Electrical & Electronics
6.3.2. Automobile Industry
6.3.3. Mechanical Equipment
6.3.4. Other Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PBT Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PBT Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PBT Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PBT Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PBT Resin Demand Share Forecast, 2019-2026
9. North America PBT Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PBT Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PBT Resin Market Size and Volume Forecast by Application
9.4.1. Electrical & Electronics
9.4.2. Automobile Industry
9.4.3. Mechanical Equipment
9.4.4. Other Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PBT Resin Market Size and Volume Forecast by Type
9.7.1. Injection Grade PBT
9.7.2. Extrusion Grade PBT
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PBT Resin Demand Share Forecast, 2019-2026
10. Latin America PBT Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PBT Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PBT Resin Market Size and Volume Forecast by Application
10.4.1. Electrical & Electronics
10.4.2. Automobile Industry
10.4.3. Mechanical Equipment
10.4.4. Other Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PBT Resin Market Size and Volume Forecast by Type
10.7.1. Injection Grade PBT
10.7.2. Extrusion Grade PBT
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PBT Resin Demand Share Forecast, 2019-2026
11. Europe PBT Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PBT Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PBT Resin Market Size and Volume Forecast by Application
11.4.1. Electrical & Electronics
11.4.2. Automobile Industry
11.4.3. Mechanical Equipment
11.4.4. Other Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PBT Resin Market Size and Volume Forecast by Type
11.7.1. Injection Grade PBT
11.7.2. Extrusion Grade PBT
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PBT Resin Demand Share, 2019-2026
12. Asia Pacific PBT Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PBT Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PBT Resin Market Size and Volume Forecast by Application
12.4.1. Electrical & Electronics
12.4.2. Automobile Industry
12.4.3. Mechanical Equipment
12.4.4. Other Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PBT Resin Market Size and Volume Forecast by Type
12.7.1. Injection Grade PBT
12.7.2. Extrusion Grade PBT
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PBT Resin Demand Share, 2019-2026
13. Middle East & Africa PBT Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PBT Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PBT Resin Market Size and Volume Forecast by Application
13.4.1. Electrical & Electronics
13.4.2. Automobile Industry
13.4.3. Mechanical Equipment
13.4.4. Other Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PBT Resin Market Size and Volume Forecast by Type
13.7.1. Injection Grade PBT
13.7.2. Extrusion Grade PBT
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PBT Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PBT Resin Market: Market Share Analysis
14.2. PBT Resin Distributors and Customers
14.3. PBT Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Changchun
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sabic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DuBay Polymer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ticona
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DuPont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kanghui
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HNEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WinTech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toray
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BlueStar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yizheng (Sinopec)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Blueridge
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shinkong
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. DSM
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sipchem
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nan Ya
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Heshili
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
