Global PBT Modified Resin market cagr 6.5%

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PBT Modified Resin Market

PBT Modified Resin Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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PBT Modified Resin Market Size and Growth

The PBT Modified Resin market is experiencing significant growth, driven by increased demand in automotive and electronics sectors. The global market size is projected to reach approximately $1.5 billion by 2026, reflecting a CAGR of around 5.2%. Key market conditions include technological advancements and rising applications in engineering plastics. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ BASF

◍ Changchun

◍ Lanxess

◍ Sabic

◍ Shinkong

◍ DuPont

◍ DSM

◍ Mitsubishi

◍ Ticona (Celanese)

◍ WinTech (Polyplastics,Teijin)

◍ Kolon

◍ Toray

◍ Jiangsu Sanfangxiang Group

◍ BlueStar

◍ LG Chem

◍ Nan Ya

◍ Evonik

The PBT Modified Resin Market features companies like BASF, Lanxess, and DuPont, which innovate via advanced formulations. These firms enhance product performance, driving market growth through strategic collaborations and expanded applications. Noteworthy sales figures include BASF at €59 billion, DuPont at $20 billion, and LANXESS at €7 billion.

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Market Segmentation

By Application

◍ Automobile Industry

◍ Electrical & Electronics

◍ Mechanical Equipment

◍ Others

By Product

◍ Unreinforced Grade

◍ Glassfiber (GF) Reinforced

◍ Flame-retardant Grade ◍ Others

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Market Growth

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$ X Billion USD

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