Enjoy complimentary customisation on priority with our Enterprise License!
The polybutylene terephthalate market size is forecast to increase by USD 736.3 million at a CAGR of 5.29% between 2023 and 2028. The polybutylene terephthalate (PBT) market is experiencing significant growth due to its increasing application in various industries, particularly in the automotive sector. PBT's unique properties, such as excellent electrical resistance and UV radiation resistance, make it an ideal choice for manufacturing components like seat belts and connectors. In the automotive industry, the demand for PBT is on the rise due to its ability to withstand high temperatures and harsh environmental conditions. Moreover, market companies are expanding their production capacity to meet the increasing demand. However, the market growth is influenced by external factors such as fluctuating crude oil prices, which can impact the cost of raw materials and, subsequently, the price of PBT. In summary, the PBT market is witnessing growth due to its increasing application in the automotive industry and capacity expansion by companies, despite the influence of external factors like crude oil prices.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.