Polybutylene Terephthalate Market (PBT) Growth Forecast at 7.3% CAGR to 2019

PUNE, India, September 23, 2015 /PRNewswire/ --

Global and China Polybutylene Terephthalate Market (PBT) Research Report, 2015 says Asian-Pacific is an important production and consumption market of PBT and accounted for 53.6% of global PBT market share last year.

Complete report on polybutylene terephthalate market spread across 96 pages, analyzing and profiling 19 global and Chinese PBT manufacturing companies and supported with 50 charts is now available at http://www.rnrmarketresearch.com/global-and-china-polybutylene-terephthalate-pbt-industry-research-report-2015-market-report.html .

In recent years, the trend of engineering plastics instead of metal materials is significant. Moreover, the prosperous terminal product market and the rise of biobased materials further fuelling the global polybutylene terephthalate market. The market size of global PBT market reached USD 33.7 billion in 2014, and it is estimated this market will still grow with a CAGR of nearly 7.3% from 2014 to 2019. Asian-Pacific is an important production and consumption market of PBT, where 53.6% of global polybutylene terephthalate market share accounted for. Due to the dramatic development of automobile and electronics, China has become the largest PBT consumer in Asian-Pacific.

The demand of polybutylene terephthalate market in China is rising year by year with current output still not being able to meet the demand. Some specific grade products still rely on import. In 2014 the capacity of PBT in China was about 768 kt, operating rate was about 84%. In 2015, some polybutylene terephthalate market plants are still under construction, the total capacity of PBT in China would exceed 800 kt in 2017. At that time, the self-sufficiency of PBT in China will be further improved, but import products cannot be totally replaced. Electronics accounts for nearly 60% of total downstream consumption of PBT in China. Currently China has become the fastest growth and largest market of global connector industry. From 2014 to 2019, China's connector market will grow at a CAGR of 15%, which will provide a stable growth for polybutylene terephthalate market. Besides, the replacement demand for energy saving lamps will be another thruster for polybutylene terephthalate market in China.

The technology source of domestic polybutylene terephthalate market manufacturers is relatively concentrated with only Jiangsu Heshili New Material Co., Ltd. having own technology. Currently the capacity of Heshili is 130 kt with product portfolio of PBT resin and fiber. The company plans to expand its PBT capacity to 150 kt in 2017. Complete list of companies profiled and analyzed in this polybutylene terephthalate market research report include SABIC, BASF, Celanese, Dupont, Lanxess, DSM, Mitsubishi Chemical, Duracon, TORAY, Evonik, Shinkong Synthetic Fibers Corporation, Nan Ya Plastics Corporation, Changchun Group, Jiangsu Sanfangxiang Industry Company Limited, Sinopec Yizheng Chemical FIbre Company Limited (YCF), Nantong Xingchen Synthetic Material Co., Ltd, Jiangsu Heshili New Material Co., Ltd., Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd. and Kaixiang Tianyuan Chemicals Co., Ltd. Order a copy of the 2015 polybutylene terephthalate market report at http://www.rnrmarketresearch.com/contacts/purchase?rname=415261.

On similar lines, second study titled Global Polybutylene Terephthalate (PBT) Industry 2015 Market Research Report is spread across 257 pages, profiles 26 companies and is supported with 270 tables and figures. The polybutylene terephthalate market (PBT) analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players of polybutylene terephthalate market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The polybutylene terephthalate market (PBT) development trends and marketing channels are also analyzed. Companies profiled in this research include Dupont, Celaness, PolyOne, JM, BASF, Bayer, LANXESS, TORAY, MITSUBISHI CHEMICAL, Wintech, TEIJIN, Polyplastics, Changchun, Nan Ya, Shinkong, LG CHEMICAL, CLARIANT, SABIC, TAISEI, DSM, Kanghui, Yizheng, BlueStar, Heshili, Blueridge and Jihua. Complete Global Polybutylene Terephthalate (PBT) Industry 2015 Market Research Report is available at http://www.rnrmarketresearch.com/2015-market-research-report-on-global-polybutylene-terephthalate-pbt-industry-market-report.html .

Explore more reports on the polymers market at http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/polymers .

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