MarketSegmentation
By
Product Type:
Short Glass Fiber Reinforced PBT
Long Glass Fiber Reinforced PBT
By Application:
Roof Panels
Body Panels
Chassis Components
Market Value
Market Size in 2023: Approximately USD 733 million
Projected Market Size by 2032: USD 1,370.43 million
Compound Annual Growth Rate (CAGR): 7.20% (2025–2032)
Market Opportunities
Lightweight Automotive Comp for materials that reduce vehi fuel efficiency.
Electric Vehicle (EV) Expansio in EV components due to its d properties.
Enhanced Performance Requi materials with superior mech chemical resistance.
Cost-Effective Alternatives: PB edge over traditional metals in performance.
Sample Report
Key Players/Stakeholders
Regional Analysis
Regional Insights
Asia-Pacific: Leading market due to rapid industrialization and automotive production.
Europe: Significant growth driven by stringent emission regulations and EV adoption.
North America: Steady demand with a focus on lightweight and durable materials.
Rest of the World: Emerging markets showing potential growth opportunities.
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
