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Global PBT Neat Resin market will reach 4760 million US$ by the end of 2025
Published Date: 2018/11/12
Polybutylene Terephthalate (PBT) is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethylene terephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, Mechanical Equipment and precision instruments industries. Compared to PET (polyethylene terephthalate), PBT has slightly lower strength and rigidity, slightly better impact resistance, and a slightly lower glass transition temperature.
In this report, the volume of PBT is calculated by PBT neat resin, excluding PBT modified resin and PBT Compounds.
At present, the major manufacturers of PBT are concentrated in Changchun, BASF, Sabic, DuBay Polymer (Lanxess, DuPont) and Ticona (Celanese). Changchun is the world leader. Polymer Technology and Services PBT is marketed under a wide variety of brand names by these companies.
PBT downstream is wide and recently PBT has acquired increasing significance in various fields of automotive, electrical & electronic and consumer goods applications. Globally, the PBT market is mainly driven by growing demand for automotive applications. Automotive accounts for nearly 44.86% of total downstream consumption of PBT.
The global PBT Neat Resin market is valued at 3420 million US$ in 2017 and will reach 4760 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.
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