PUBLISHER: Industry Experts | PRODUCT CODE: 1269623
PUBLISHER: Industry Experts | PRODUCT CODE: 1269623
Polybutylene Terephthalate (PBT) belongs to the group of thermoplastic polyesters. PBT is a semi-crystalline engineering resin having many attractive properties like high strength and toughness, good abrasion and heat resistance, low creep at elevated temperatures, good chemical resistance, and excellent dimensional stability, particularly when glass-fiber reinforced. The combination of these properties makes PBT an ideal material for use in wide range of applications such as auto interior and exterior, small and large appliances, power tools, electrical and electronic, food handling, industrial machinery and medical applications.
Global consumption of Polybutylene Terephthalate (PBT) declined by 5.2% year-over-year in 2020 amid the downturn in automotive and industrial sectors. The global market for PBT has recovered well from the aftermath of the corona pandemic and further expected to maintain a CAGR of 4.5% between 2022 and 2028. Future growth of the PBT market is fed by the established markets of automotive & transportation and electrical & electronics.
End-use applications market analysis for Polybutylene Terephthalate (PBT) provided in this report includes the following:
The report reviews, analyzes and projects the global Polybutylene Terephthalate (PBT) market for the period 2019-2028 in terms of volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2028.