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Global PBT PET Market by Type (Unreinforced, Reinforced), By Application (Automotive, Electrical, Consumer Goods, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-64844
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 55
  • No. Of Pages: 248
  • Format:
  • Pub. Date: 2021-04-04
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The Global PBT PET Market size is projected to grow from over USD 1.5 billion in 2021 to more than USD 2.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. The major factors driving the growth in this Market include increasing demand for PBT products and steady growth in the automotive sector. However, the high cost of production could hamper the growth of this market over the next few years.

 

Polybutylene terephthalate (PBT) is a polyester thermoplastic resin. It is offered in crystalline and amorphous form. PBT has excellent mechanical, chemical, electrical properties and thermal resistance which make it suitable for use in applications such as automotive parts, medical devices, plumbing fixtures, and consumer merchandise packaging among others. PBT PET has the thermal stability of both type-A crystalline polyesters, such as PETG or PTTGA. This makes it an excellent choice for high-performance applications that require extreme temperature range exposure. 

 

On the basis of Types, the market is segmented into Unreinforced and Reinforced.

 

Unreinforced:

Unreinforced is a type of plastic that has no reinforcing fibers or materials. Unreinforced PET plastics are typically used in applications such as food packaging, bottle manufacturing, and some clothing items. They have high permeability for moisture vapor transmission but limited mechanical strength properties due to their lack of reinforcements, which makes them sensitive to tears and punctures.

Unreinforced plastics are also used in the manufacturing of household appliances such as irons and microwaves, along with other electrical devices. Some applications for unreinforced PET include non-food products that require plastic to be lightweight or have low moisture vapor transmission properties, such as fabrics containing recycled materials and clothing packaging made from recyclable material.

 

Reinforced:

Reinforced PET is a form of PBT plastic that has added strength. It can be used in applications such as car bumpers, electrical insulation, and textiles. Reinforced PET products are less expensive than traditional metal-based counterparts because it’s made with cheaper raw materials like recycled plastics.

It's also a more environmentally friendly option for the manufacturing industry since there is no need to extract metal from mined sources or recycle metals already on the market. This helps reduce pollution caused by mining, smelting, and processing coal into coke (a feedstock). Furthermore, recycling one tonne of this material creates three tonnes worth of polymer so they offer significant environmental benefits over other types of plastics without giving up any performance qualities.

 

On the basis of Application, the market is segmented into Automotive, Electrical, Consumer Goods, and Others.

 

Automotive:

PBT PET is extensively used in automotive for various applications such as dashboards, headliners, and instrument panels. The use of PBT PET aids to reduce weight and maintain a high level of strength without compromising on quality. Increasing demand from North America owing to replacement rates may support growth over the forecast period.

 

Electrical:

PBT PET is increasingly being used in the electrical industry for insulation and as an electric-to-electrical connector. Its insulating ability reduces the chance of a short circuit, while its flexibility makes PBT PET easier to use than PVC or other plastics that are more rigid.

 

Consumer Goods:

PBT PET is an emerging material in the consumer goods industry. It offers properties that are lighter and more flexible than traditional materials like glass, which can make it a suitable alternative for building packaging. PBT also has the potential to be recycled into new products while still retaining its original quality of clarity or transparency, depending on what type of resin was used during production.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North American was the largest contributor globally due to its large consumption rate per capita as compared to other parts of the world. As such, there has been an increase in the consumption of PET containers, and this has led to a growth in the demand for PBT.

 

Growth Factors For The Global PBT PET Market:

The global PBT PET market is driven by the increasing demand for lightweight materials in automobiles, electrical, and consumer goods. In addition, consumers are driving the growth of this market due to their preference for environmentally friendly products that do not contain harmful chemicals such as BPA or phthalates. PBT PET also offers a superior barrier from water vapor and gases which makes it ideal for packaging food items with sensitive contents such as meat, seafood, or cheese. It can be used for various applications including automotive components (dashboards), electronics parts (wire insulation), etc. Emerging economies such as India and China are expected to boost future consumption rates globally.

 


Up Market Research published a new report titled “PBT PET Market research report which is segmented by Types (Unreinforced, Reinforced), By Applications (Automotive, Electrical, Consumer Goods, Other), By Players/Companies BASF, SABIC, DSM, Lanxess AG, LG Chem, Polyplastics”.

 

Report Scope

Report Attributes Report Details
Report Title PBT PET Market Research Report
By Type Unreinforced, Reinforced
By Application Automotive, Electrical, Consumer Goods, Other
By Companies BASF, SABIC, DSM, Lanxess AG, LG Chem, Polyplastics
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 248
Number of Tables & Figures 174
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global PBT PET Industry Outlook
 

Global PBT PET Market Report Segments:

The market is segmented by Type Unreinforced, Reinforced and By Application Automotive, Electrical, Consumer Goods, Other.

 

Some of the companies that are profiled in this report are:

  1. BASF
  2. SABIC
  3. DSM
  4. Lanxess AG
  5. LG Chem
  6. Polyplastics
 

PBT PET Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the PBT PET Market
 

Overview of the regional outlook of the PBT PET Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


PBT PET Market Overview
 

Highlights of The PBT PET Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of PBT PET Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Unreinforced

                2. Reinforced

       7. By Application:

                1. Automotive

                2. Electrical

                3. Consumer Goods

                4. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the PBT PET Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

PBT PET Market Statistics
 

Reasons to Purchase the PBT PET Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PBT PET Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 PBT PET Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 PBT PET Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the PBT PET Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global PBT PET Market Size & Forecast, 2018-2028 
      4.5.1 PBT PET Market Size and Y-o-Y Growth 
      4.5.2 PBT PET Market Absolute $ Opportunity 


Chapter 5 Global PBT PET Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 PBT PET Market Size Forecast by Type
      5.2.1 Unreinforced
      5.2.2 Reinforced
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global PBT PET Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 PBT PET Market Size Forecast by Applications
      6.2.1 Automotive
      6.2.2 Electrical
      6.2.3 Consumer Goods
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global PBT PET Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 PBT PET Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America PBT PET Analysis and Forecast
   9.1 Introduction
   9.2 North America PBT PET Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America PBT PET Market Size Forecast by Type
      9.6.1 Unreinforced
      9.6.2 Reinforced
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America PBT PET Market Size Forecast by Applications
      9.10.1 Automotive
      9.10.2 Electrical
      9.10.3 Consumer Goods
      9.10.4 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe PBT PET Analysis and Forecast
   10.1 Introduction
   10.2 Europe PBT PET Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe PBT PET Market Size Forecast by Type
      10.6.1 Unreinforced
      10.6.2 Reinforced
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe PBT PET Market Size Forecast by Applications
      10.10.1 Automotive
      10.10.2 Electrical
      10.10.3 Consumer Goods
      10.10.4 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific PBT PET Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific PBT PET Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific PBT PET Market Size Forecast by Type
      11.6.1 Unreinforced
      11.6.2 Reinforced
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific PBT PET Market Size Forecast by Applications
      11.10.1 Automotive
      11.10.2 Electrical
      11.10.3 Consumer Goods
      11.10.4 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America PBT PET Analysis and Forecast
   12.1 Introduction
   12.2 Latin America PBT PET Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America PBT PET Market Size Forecast by Type
      12.6.1 Unreinforced
      12.6.2 Reinforced
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America PBT PET Market Size Forecast by Applications
      12.10.1 Automotive
      12.10.2 Electrical
      12.10.3 Consumer Goods
      12.10.4 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) PBT PET Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) PBT PET Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) PBT PET Market Size Forecast by Type
      13.6.1 Unreinforced
      13.6.2 Reinforced
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) PBT PET Market Size Forecast by Applications
      13.10.1 Automotive
      13.10.2 Electrical
      13.10.3 Consumer Goods
      13.10.4 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 PBT PET Market: Competitive Dashboard
   14.2 Global PBT PET Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 BASF
      14.3.2 SABIC
      14.3.3 DSM
      14.3.4 Lanxess AG
      14.3.5 LG Chem
      14.3.6 Polyplastics
Segments Covered in the Report
The global PBT PET market has been segmented based on

By Types
  • Unreinforced
  • Reinforced
By Applications
  • Automotive
  • Electrical
  • Consumer Goods
  • Other
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • BASF
  • SABIC
  • DSM
  • Lanxess AG
  • LG Chem
  • Polyplastics

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