A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Polybutylene
Terephthalate
Market. The
study, titled “Polybutylene
Terephthalate Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Polybutylene
terephthalate (PBT) is an engineering polymer which is thermoplastic
in nature and is used in electronics and electrical industriesas an
insulator. It is a type of polyester and a thermoplastic
(semi-crystalline polymer). PBT is solvent resistant, is mechanically
strong, slightly shrinks during forming and is heat-resistant up to a
temperature of 150 °C (or 200 °C with glass-fiber strengthening).
It can be made noncombustible when treated with flame
retardants.Polybutylene terephthalate is related closely to different
thermoplastic polyesters. Polybutylene terephthalate has slightly
lower rigidity and strength as compared to polyethylene terephthalate
(PET), better contact resistance, and a lower glass shift
temperature. Polybutylene terephthalate and polyethylene
terephthalateare sensitive to warm water above the temperature of 60
°C (140 °F). Polybutylene terephthalate and polyethylene
terephthalateif used outdoors needs UV protection and most variations
of these polyesters are combustible. To improve flammability and UV
properties, additives can be used.
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Market Research Report @
The
global market for polybutylene terephthalate is segmented on the
basis of application and geography. On the basis of application, the
market is segmented into extrusion products, household appliances,
automotive, and electrical & electronics. Electrical &
electronics was the dominant segment in 2015 and is forecasted to
have a steady growth rate over the forecast period.Polybutylene
terephthalate has extensive application in the electrical &
electronics industry in different electronic parts such as power
sockets, switches, transformer insulation, sensor coverings, boards,
sockets, and connectors. This extensive applicationis due to its
efficient electrical properties, high stability dimensionally under
heat, and wide mechanical properties which makes it efficient in
applications that involves flow of electrical power.Polybutylene
terephthalatemade products are used in the automobile industryowing
to theirdimensional stability,rigidity, weather and heat resistance,
and lubricant and fuel resistance. Polybutylene terephthalatehas a
wide range of applicationin the plastics and polymers industry
because it offers highly efficient performance blends like
acrylonitrile styrene acrylate (ASA) and polyethylene terephthalate
(PET). It provides an important integration of high technical
features and good stability dimensionally. This is attributed to its
considerablestiffness,low water absorption,and excellent heat
resistant properties.
Major
drivers of the global polybutylene terephthalate market include
growing demand for eco-friendly, more sustainable green materials
which has triggered market growth of recyclable polybutylene
terephthalateblends. The introduction of Electronic Vehicles (EV) has
resulted in the surfacing of latest high-voltage applications that
require electrical components which are more efficient such as power
sockets, switches, transformer insulation, sensor coverings,
connectors, boards and sockets among others. Owing to the high
performance electrical properties of polybutylene terephthalate, it
is widely used in these components, which is driving its application
in the EVs market thus triggering overall market growth. In addition,
growing popularity of miniaturization of electrical parts is also
driving the demand for polybutylene terephthalate in a positive way.
The microscopic parts of miniaturized devices that ismadeof polymers
like polybutylene terephthalateholds only around 25% of the printed
circuit board area and are less than 20% of the total volume.
Geographically,
the global market is segregated into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. APAC held the
dominant market share in the globalpolybutylene terephthalate market
in 2015 and is forecasted to continue its dominance over the forecast
period. Polybutylene terephthalateresins are used in varied
applications in the automobile industry such as in luxury car
variants. The growing demand for compound functions in cars has led
to the extensive use of polybutylene terephthalatein
automobileexterior and interior parts. In addition, molding of
composites and design innovations is forecasted to further trigger
growth of the polybutylene terephthalatemarket in the APAC region.
Get
accurate market forecast and analysis on the Polybutylene
Terephthalate market. Request a sample to stay abreast on the key
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Major
players of the global polybutylene terephthalate market include BASF
SE (Germany), Celanese Corporation (U.S.), E. I. du Pont de Nemours
and Company (U.S.), Lanxess Aktiengesellschaft (Germany), SABIC
(Saudi Arabia), and Toray Industries, Inc. (Japan).
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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material for business reports.
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