Industry Statistics
Industry Statistics
Polybutylene terephthalate (PBT) is a type of general-purpose engineering plastic which can be obtained from 1,4-butandediol and terephthalic acid. It is a semi-crystalline thermoplastic material which possesses excellent mechanical and chemical properties, dimensional stability, moldability, and wear resistance. It is highly suitable for various molding processes has gained significant commercial interest. It finds application in a wide range of industries including electronics manufacturing, automotives, and film extrusion molding.
The global polybutylene terephthalate (PBT) market stood at a volume of around 1,290 KT in 2023. The market is estimated to grow at a CAGR of 5.10% between 2024 and 2032 to reach a volume of about 1,987.7 KT by 2032. The key factors propelling the PBT market are the growing automotive production and the thriving electrical and electronics sector. The electrical and electronics industry is the leading consumer of PBT, holding nearly 52% of the market share. This growth is supported by excellent electrical properties and temperature resistance of PBT which make it suitable for various electrical and electronic applications like connector, IC sockets, micro switch, hair-dryer parts, television components, glue guns, micro-motor housing, and many others. In the automotive sector, it used for manufacturing components like wiper gear case, ignition system parts, bumper, outer handle, etc.
The global capacity of PBT was about 2,300 KT in the year 2023. It is estimated to reach 2,900 KT by 2032. The plant capacity utilisation of PBT stood at 60% in 2023.
In terms of demand, the Asia Pacific represents the leading market, with an estimated 68% market share. The market benefits from the growing demand for electrical components from developing regions like India and China and the growing manufacturing capabilities of these countries. North America and Europe are other significant markets.
ChangChun Group is one of the leading manufactures of PBT with over 21 years of experience in PBT manufacturing. The company uses continuous PBT polymerization process and its in-house technology to produce high-quality PBT compound. The company holds approximately 12.07% of the global PBT capacity. Currently, the company offers halogen-free, high-impact, high-stiffness, low-warpage, ultraviolet (UV) stabilised, fine-gloss, hydrolysis resistance, and alloy grades of PBT. Other major manufacturers of PBT are SABIC, Lanxess AG, and Sinopec.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Key Assumptions
4 Global Polybutylene Terephthalate (PBT) Market Analysis, In Volume (Thousand Tonnes)
4.1 Global Polybutylene Terephthalate (PBT) Historical Market (2018-2023)
4.2 Global Polybutylene Terephthalate (PBT) Market Forecast (2024-2032)
4.3 Global Polybutylene Terephthalate (PBT) Market Supply Analysis, By Type
4.3.1 Injection Grade PBT
4.3.1.1 Company Wise Name Plate Capacity (2018-2032)
4.3.2 Extrusion Grade PBT
4.3.2.1 Company Wise Name Plate Capacity (2018-2032)
4.3.3 Others
4.3.3.1 Company Wise Name Plate Capacity (2018-2032)
4.4 Global Polybutylene Terephthalate (PBT) Market Production Analysis, By Type
4.4.1 Injection Grade PBT
4.4.1.1 Company Wise Name Plate Capacity (2018-2032)
4.4.2 Extrusion Grade PBT
4.4.2.1 Company Wise Name Plate Capacity (2018-2032)
4.4.3 Others
4.4.3.1 Company Wise Name Plate Capacity (2018-2032)
4.5 Global Polybutylene Terephthalate (PBT) Market Demand Analysis, By Type
4.5.1 Injection Grade PBT
4.5.1.1 Company Wise Name Plate Capacity (2018-2032)
4.5.2 Extrusion Grade PBT
4.5.2.1 Company Wise Name Plate Capacity (2018-2032)
4.5.3 Others
4.5.3.1 Company Wise Name Plate Capacity (2018-2032)
4.6 Global Polybutylene Terephthalate (PBT) Market Demand Analysis, by Application
4.6.1 Automotive
4.6.1.1 Demand Analysis and Forecast (2018-2032)
4.6.2 Packaging
4.6.2.1 Demand Analysis and Forecast (2018-2032)
4.6.3 Aerospace
4.6.3.1 Demand Analysis and Forecast (2018-2032)
4.6.4 Building and Construction
4.6.4.1 Demand Analysis and Forecast (2018-2032)
4.6.5 Electricals and Electronics
4.6.5.1 Demand Analysis and Forecast (2018-2032)
4.6.6 Others
4.7 Global Polybutylene Terephthalate (PBT) Market by Region
4.7.1 North America
4.7.1.1 Demand Analysis and Forecast (2018-2032)
4.7.1.2 Market by Type (2018-2032)
4.7.1.3 Market by Application (2018-2032)
4.7.2 Europe
4.7.2.1 Demand Analysis and Forecast (2018-2032)
4.7.2.2 Market by Type (2018-2032)
4.7.2.3 Market by Application (2018-2032)
4.7.3 Asia Pacific
4.7.3.1 Demand Analysis and Forecast (2018-2032)
4.7.3.2 Market by Type (2018-2032)
4.7.3.3 Market by Application (2018-2032)
4.7.4 Latin America
4.7.4.1 Demand Analysis and Forecast (2018-2032)
4.7.4.2 Market by Type (2018-2032)
4.7.4.3 Market by Application (2018-2032)
4.7.5 Middle East and Africa
4.7.5.1 Demand Analysis and Forecast (2018-2032)
4.7.5.2 Market by Type (2018-2032)
4.7.5.3 Market by Application (2018-2032)
4.8 Global Polybutylene Terephthalate (PBT) Supply Demand Gap, By Region
4.8.1 North America
4.8.1.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.2 Europe
4.8.2.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.3 Asia Pacific
4.8.3.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.4 Latin America
4.8.4.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.5 Middle East and Africa
4.8.5.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
5 North America Polybutylene Terephthalate (PBT) Market Analysis
5.1 United States of America
5.1.1 Demand Analysis and Forecast (2018-2032)
5.1.2 Demand Supply Gap
5.2 Canada
5.2.1 Demand Analysis and Forecast (2018-2032)
5.2.2 Demand Supply Gap
6 Europe Polybutylene Terephthalate (PBT) Market Analysis
6.1 Germany
6.1.1 Demand Analysis and Forecast (2018-2032)
6.1.2 Demand Supply Gap
6.2 UK
6.2.1 Demand Analysis and Forecast (2018-2032)
6.2.2 Demand Supply Gap
6.3 France
6.3.1 Demand Analysis and Forecast (2018-2032)
6.3.2 Demand Supply Gap
6.4 Italy
6.4.1 Demand Analysis and Forecast (2018-2032)
6.4.2 Demand Supply Gap
6.5 Spain
6.5.1 Demand Analysis and Forecast (2018-2032)
6.5.2 Demand Supply Gap
6.6 Others
7 Asia Pacific Polybutylene Terephthalate (PBT) Market Analysis
7.1 China
7.1.1 Demand Analysis and Forecast (2018-2032)
7.1.2 Demand Supply Gap
7.2 Japan
7.2.1 Demand Analysis and Forecast (2018-2032)
7.2.2 Demand Supply Gap
7.3 India
7.3.1 Demand Analysis and Forecast (2018-2032)
7.3.2 Demand Supply Gap
7.4 South Korea
7.4.1 Demand Analysis and Forecast (2018-2032)
7.4.2 Demand Supply Gap
7.5 ASEAN
7.5.1 Demand Analysis and Forecast (2018-2032)
7.5.2 Demand Supply Gap
7.6 Australia
7.6.1 Demand Analysis and Forecast (2018-2032)
7.6.2 Demand Supply Gap
7.7 Others
8 Latin America Polybutylene Terephthalate (PBT) Market Analysis
8.1 Brazil
8.1.1 Demand Analysis and Forecast (2018-2032)
8.1.2 Demand Supply Gap
8.2 Argentina
8.2.1 Demand Analysis and Forecast (2018-2032)
8.2.2 Demand Supply Gap
8.3 Mexico
8.3.1 Demand Analysis and Forecast (2018-2032)
8.3.2 Demand Supply Gap
8.4 Others
9 Middle East and Africa Polybutylene Terephthalate (PBT) Market Analysis
9.1 Saudi Arabia
9.1.1 Demand Analysis and Forecast (2018-2032)
9.1.2 Demand Supply Gap
9.2 United Arab Emirates
9.2.1 Demand Analysis and Forecast (2018-2032)
9.2.2 Demand Supply Gap
9.3 Nigeria
9.3.1 Demand Analysis and Forecast (2018-2032)
9.3.2 Demand Supply Gap
9.4 South Africa
9.4.1 Demand Analysis and Forecast (2018-2032)
9.4.2 Demand Supply Gap
9.5 Others
10 Growth Opportunities and Strategic Analysis
10.1 Supply Chain Analysis and Its Component
10.2 Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in the Last One Year and the Last one Quarter
10.3 Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in Next One Year and the Next one
10.4 Impact Analysis in Price and Demand after Force Majeure Events, and Plant Closures
10.5 Environmental Considerations and Government Regulations
10.6 Technology Innovation and Its Impact on Production and Application
10.7 Challenges and Opportunities Faced by Existing Manufacturers
10.8 Potential Risks and Barriers to Entry for New Players
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Changchun
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio and Major Grades
11.2.1.3 Capacity by Location
11.2.1.4 Expansion Plan
11.2.1.5 Major Consumers
11.2.1.6 Revenue from POI
11.2.1.7 Technological Innovation and Sustainability
11.2.2 BASF SE
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio and Major Grades
11.2.2.3 Capacity by Location
11.2.2.4 Expansion Plan
11.2.2.5 Major Consumers
11.2.2.6 Revenue from POI
11.2.2.7 Technological Innovation and Sustainability
11.2.3 SABIC
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio and Major Grades
11.2.3.3 Capacity by Location
11.2.3.4 Expansion Plan
11.2.3.5 Major Consumers
11.2.3.6 Revenue from POI
11.2.3.7 Technological Innovation and Sustainability
11.2.4 Lanxess AG
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio and Major Grades
11.2.4.3 Capacity by Location
11.2.4.4 Expansion Plan
11.2.4.5 Major Consumers
11.2.4.6 Revenue from POI
11.2.4.7 Technological Innovation and Sustainability
11.2.5 Sinopec
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio and Major Grades
11.2.5.3 Capacity by Location
11.2.5.4 Expansion Plan
11.2.5.5 Major Consumers
11.2.5.6 Revenue from POI
11.2.5.7 Technological Innovation and Sustainability
11.2.6 Ensinger GmbH
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio and Major Grades
11.2.6.3 Capacity by Location
11.2.6.4 Expansion Plan
11.2.6.5 Major Consumers
11.2.6.6 Revenue from POI
11.2.6.7 Technological Innovation and Sustainability
11.2.7 Toray industries, Inc.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio and Major Grades
11.2.7.3 Capacity by Location
11.2.7.4 Expansion Plan
11.2.7.5 Major Consumers
11.2.7.6 Revenue from POI
11.2.7.7 Technological Innovation and Sustainability
11.2.8 Avient Corporation
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio and Major Grades
11.2.8.3 Capacity by Location
11.2.8.4 Expansion Plan
11.2.8.5 Major Consumers
11.2.8.6 Revenue from POI
11.2.8.7 Technological Innovation and Sustainability
11.2.9 DuBay Polymer
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio and Major Grades
11.2.9.3 Capacity by Location
11.2.9.4 Expansion Plan
11.2.9.5 Major Consumers
11.2.9.6 Revenue from POI
11.2.9.7 Technological Innovation and Sustainability
11.2.10 Distrupol Ltd.
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio and Major Grades
11.2.10.3 Capacity by Location
11.2.10.4 Expansion Plan
11.2.10.5 Major Consumers
11.2.10.6 Revenue from POI
11.2.10.7 Technological Innovation and Sustainability
11.2.11 Daicel Chiral Technologies
11.2.11.1 Company Overview
11.2.11.2 Product Portfolio and Major Grades
11.2.11.3 Capacity by Location
11.2.11.4 Expansion Plan
11.2.11.5 Major Consumers
11.2.11.6 Revenue from POI
11.2.11.7 Technological Innovation and Sustainability
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Polybutylene Terephthalate (PBT) Market: Key Industry Highlights, 2018 and 2032
2. Global Polybutylene Terephthalate (PBT) Market Supply Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
3. Global Polybutylene Terephthalate (PBT) Market Production Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
4. Global Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
5. Global Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
6. Global Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Region (Thousand Tonnes), 2018-2032
7. Global Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Region (Thousand Tonnes), 2018-2032
8. North America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
9. North America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
10. North America Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
11. North America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
12. Europe Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
13. Europe Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
14. Europe Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
15. Europe Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
16. Asia Pacific Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
17. Asia Pacific Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
18. Asia Pacific Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
19. Asia Pacific Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
20. Latin America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
21. Latin America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
22. Latin America Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
23. Latin America Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
24. Middle East and Africa Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
25. Middle East and Africa Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
26. Middle East and Africa Polybutylene Terephthalate (PBT) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
27. Middle East and Africa Polybutylene Terephthalate (PBT) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
28. Global Polybutylene Terephthalate (PBT) Market Structure
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