Polybutylene Terephthalate PBT Global Market Report 2023
Forecast
Market Size, Trends and Global
2023-2032
Polybutylene Terephthalate PBT Market Definition
Polybutylene terephthalate refers to a high molecular semicrystalline engineering
thermoplastic and a powerful, extremely crystalline synthetic resin created by the polymerization of terephthalic acid with butanediol.
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Polybutylene Terephthalate PBT Market Characteristics:
The global polybutylene terephthalate market size is expected to grow from $2.26 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The polybutylene terephthalate market size is expected to grow to $2.91 billion in 2027 at a CAGR of 5.1%.
Global Polybutylene
Terephthalate PBT Market Size
Forecast To 2032
2022 2023 2027
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2.26 2.39 2.91
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Key Market Drivers And Trends
Drivers Trends
The growing automotive industry is expected to propel the growth of the polybutylene terephthalate market going forward.
Product innovations are the key trends gaining popularity in the polybutylene terephthalate market.
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Polybutylene Terephthalate PBT Market Segments
The report covers the Polybutylene Terephthalate PBT market’s segments-
Reinforced Polybutylene
Terephthalate, Unreinforced Polybutylene
Terephthalate
Injection Molding, Extrusion, Blow Molding, Other Processing Methods
Automotive, Extrusion, Electrical And Electronics, Other End-User Industries
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By Type By Processing Method By End-User Industry
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Players Major companies in the market include Celanese Corporation DuPont de Nemours Inc Lanxess AG BASF SE Evonik Industries AG Click Here To Get A Sample Report
Key Market
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