The trend of glass-fiber reinforced polybutylene terephthalate blends are set to reap lucrative opportunities in the market during the forecast period (2019-2029). These blends are gaining traction on back of their enhanced surface quality and dimensional stability. Glass-fiber reinforced polybutylene terephthalate blends are able to withstand high mechanical stresses at elevated temperatures. This is projected to augment its demand in manufacturing engine compartments of cars.
In addition, these grades are optimized to offer enhanced surface quality and high dimensional stability which makes it a resin of choice in numerous applications including automotive and medical. Furthermore, several PBT grades made by market players are in accordance with KTW, DVGW and WRAS guidelines which will bolster its demand in food and medical applications, driving the market at a moderate CAGR of 5.5% over the forecast period.
Polybutylene Terephthalate Market: Segmentation
Fact.MR has segmented the polybutylene terephthalate market on the basis of grade, application and region.
| Grade | Application | Region |
| Reinforced | Electrical & Electronics | North America |
| Unreinforced | Automotive | Latin America |
| Consumer Appliances | Europe | |
| Industrial | Japan | |
| Extrusion | APEJ | |
| Others | MEA |
Following Questions Answers Covered in the Report are:
- How will the global Polybutylene Terephthalate (PBT) Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Polybutylene Terephthalate (PBT) Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Polybutylene Terephthalate (PBT) Market?
- How will these strategies influence the market growth and competition?
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Competitive Landscape
Company profiles have been combined in the report, which exert essentials such as form portfolio, along with all-inclusive SWOT analysis on each player. The company’s presence is mapped and presented through the matrix for all prominent players functioning in the polybutylene terephthalate market. It offers actionable insights to readers, which helps in thoughtfully presenting market status, and predicting competition levels in the polybutylene terephthalate market. Prominent companies operating in the global polybutylene terephthalate market include BASF SE, Celanese Corporation, Chang Chun Group, DSM, DuPont and Lanxess AG.
Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/11/1287207/0/en/5-Key-Projections-on-Earthmoving-Equipment-Tyres-Market-for-Forecast-Period-2017-2026.html
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The Polybutylene Terephthalate (PBT) Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in the Polybutylene Terephthalate (PBT) Market?
- Which region promises largest opportunity for new investors during the forecast period 2024 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2024 to 2031?
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