Global PBT+PET market cagr 11.7%

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PBT+PET Market

PBT+PET Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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PBT+PET Market Size and Growth

The PBT+PET market exhibits robust growth due to rising demand in automotive and electronics sectors. The market size was valued at approximately $6 billion in 2022, projected to reach $9 billion by 2028, driven by advancements in material technology and increasing applications in various industries. Market conditions are favorable for investment.

Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ SABIC

◍ DSM

◍ Lanxess AG

◍ LG Chem

◍ Polyplastics

The PBT+PET market features key players such as BASF, SABIC, DSM, Lanxess AG, and LG Chem, focusing on innovative applications and sustainability. These companies enhance market growth through R&D, strategic collaborations, and expanding product portfolios. Sales revenues include BASF €78.6 billion, SABIC $38.4 billion, and DSM €10.6 billion.

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Market Segmentation

By Application

Automotive

Electrical

Consumer Goods

Other

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By Product

Unreinforced

Reinforced

Market Growth

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$ X Billion USD

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Global PBT+PET market cagr 11.7% by ReportPrime - Issuu