Europe Polybutylene Terephthalate (PBT) Market Demand & Forecast Analysis, 2015-2030

Europe Polybutylene Terephthalate (PBT)

Polybutylene terephthalate (PBT) is a semi crystalline thermoplastic engineering polymer. It was first developed by Britain’s Imperial Chemical Industries (ICI). PBT has properties similar to PET and is used in the automotive and electrical & electronics industries.

The demand for PBT in Europe in 2021 was more than 200 thousand tons, accounting for more than 15% of the regional demand. In terms of PBT demand by application, Electrical & Electronics segment dominates the market accounting for more than 40% of the total demand. PBT is commonly used in the manufacture of insulators, connectors, terminal boards, cable liners, sensor housings, sockets, etc. PBT's extremely high electrical resistance and dielectric strength help to protect electrical and electronic components by providing a guard against breakdown in power circuits. Many PBT grades are designed for electrical and electronic parts which have enabled numerous applications in both signal and power uses.

In the household and consumer applications, PBT is used for applications like iron handles, bases, oven door handles, housings, motor brackets and closure panels. Due to its appearance and performance, PBT components are also used in making office furniture.

Europe Polybutylene Terephthalate (PBT) Market

DuBay Polymers is a joint venture between Laxness and DuPont, operates a 100 thousand tons plant in Hamm-Uentrop, Germany. Recently the company announced a force majeure due to an outage of the purified terephthalic acid raw material. In 2017, BASF SE expanded the engineering plastics capacity of PA and PBT with the new capacity to be 70 thousand tons. The company recently launched PBT Ultradur® B4335G3 HR HSP – a type of PBT which will provide protection to the electronic applications.

Rising demand in the automobile industry

The demand for PBT in the automotive industry accounts for more than 25% of the global demand which translates to more than 300 thousand tons in 2021.

PBT is used in the interior and exterior applications, especially in electric systems in the automotive industry. The rising demand for lightweight automobiles is also boosting the Europe PBT market.

PBT weighs almost 50% lesser than plastic components made from other materials, therefore providing more than 30% improvement in fuel efficiency, which is a key factor in the automotive industry.

PBT alloys are widely used in body exterior and safety applications which include airbag covers, containers brake, fuel line clips, cable liners, and power distribution boxes.

The most common applications include windshield wiper covers, mirror housings, vents, handles, fans, fuel system components, connectors, sensor housings, fuse boxes, actuator cases, power relays, switches, motor components, and ignition system components.

The continuous growth of the automotive sector and associated elevating demand for lightweight automobiles are also boosting the growth of this sector. 

Rising demand for substitutes of PBT

The demand for PBT is decreasing due to the substitute products being available in the market. Various manufacturers are shifting their focus to provide reliable substitutes of PBT. Shell Chemicals is engaged in fabricating Polytrimethylene Terephthalate (PTT) as a substitute of PBT. PBT and PTT have similar qualities, which include heat deflection temperature, tensile strength, etc.

Scope of Report 
The Polybutylene Terephthalate (PBT) report describes Europe Polybutylene Terephthalate (PBT) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Polybutylene Terephthalate (PBT) Market data in terms of volume and value for each end-use 
    at regional and country level
•  Polybutylene Terephthalate (PBT) Market analysis for capacity and demand, 
    at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.Introduction
2.Terms & Conditions of Use
3.Explanatory Notes
             •  Market Coverage
                 -  Application
                 -  Regions
                 -  Countries
              •  Years Considered
                  -  Historical  - ( 2015 – 2019)
                  -  Base - (2020)
                  -  Mid-Term - (2021 – 2025)
                  -  Long-Term - (2021 – 2030)
              •  Abbreviations & Definitions
              •  Conversion Factors
              •  Data Sources
4.Market Synopsis 
              •  Market Evolution
              •  Demand Overview
              •  Industry Structure
              •  Strategic Issues
              •  End-use Trends
              •  Growth Forecast
5.Economic Outlook
              •  GDP and Demographics
              •  Monetary & Fiscal Policies
6.Energy Outlook
              •  Crude Oil
              •  Natural Gas
              •  Electricity Prices
7.End-use Sector Performance and Impact of COVID-19
              •  Electrical & Electronics
              •  Automotive
              •  Households & Consumer Appliances
              •  Others
8.Introduction to Polybutylene Terephthalate and Market Overview 
              •  Product Description
              •  Grades & Properties
              •  Raw Material
              •  Manufacturing Process
              •  Environmental Issues
              •  Value Chain
              •  Applications
9.Market Dynamics and Industry Trends 
              •  Market Dynamics
                  -  Drivers
                  -  Restraints
                  -  Opportunities
                  -  Challenges
              •  Industry Structure
10.Europe Polybutylene Terephthalate Demand Analysis By Application, (Volume, Value) (2015–2030)
              •Strategic Issues
              •Demand Analysis and Forecast (2015 – 2030)
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Key Growth Factors and Impact Analysis
                             •  Europe Polybutylene Terephthalate Market, By Application
                                     •  Electrical & Electronics
                                         -  Switches& circuit breakers
                                         -  Connectors, sensor housings, chip sockets
                                         -  Terminal boards 
                                         -  Others
                                     •  Automotive
                                         -  Structural parts
                                         -  Automotive electronics
                                         -  Motor components & ignition system components
                                         -  Others
                                     •  Households & Consumer Appliances
                                     •  Alloy & Blends
                                     •  Others
11.Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2015 – 2030)
              •Strategic Issues
              •Demand Analysis and Forecast (2015 – 2030)
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Polybutylene Terephthalate Market, By Application
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by Application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
             •     Western Europe
                              •  Germany
                              •  France
                              •  Italy
                              •  Belgium
                              •  Spain
                              •  Netherlands
                              •  United Kingdom
                              •  Rest of Western Europe
             •     Central & Eastern Europe
                             •  Russia
                             •  Poland
                             •  Czechia
                             •  Turkey
                             •  Rest of Central & Eastern Europe
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2021 – 2030)
12. Impact of COVID-19
              •  Short-term Impact
              •  Long-term Impact
13. Business Opportunity Assessment 
              •  Market Attractiveness Assessment
              •  Prospective & Target Market Study
14.Strategic Recommendation & Suggestions
              •  Strategic Recommendations and Critical Factors for Success
              •  Success Factors
              •  Marketing and Distribution
              •  Marketing
              •  Niche Marketing
              •  Government Schemes
              •  Subsidy
              •  Strategic Partnerships / Alliances / Joint Venture 
              •  Multiple Plants and Stocking Points
              •  Global Presence and China
              •  Technological Innovation
              •  Advertising
              •  Other Factors
15.Pricing Analysis
              •  Average Prices
              •  Price Forecast
16.Company Analysis
              •   Polybutylene Terephthalate Manufacturers Profiles/ Company Analysis
              •   Basic Details
              •   Headquarter, Key Markets
              •   Ownership
              •   Company Financial
              •   Manufacturing Bases
              •   Global Turnover
              •   Total Employee
              •   Product Portfolio / Services / Solutions
              •   Recent Developments
             Global Companies Covered - 
              •  BASF SE
              •  Bluestar
              •  Almaak International GmbH
              •  Celanese
              •  Mitsubishi Engineering Plastics
              •  Laxness
              •  DSM Engineering Plastics
              •  DowDuPont
              •  Mitsubishi
              •  Chang Chun Group
              •  SABIC
              •  Toray Industries
              •  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
17.Approach & Research Methodology
              •  Approach
              •  Research Methodology
              •  Prismane Consulting Market Models
              •  Assumptions & Limitations
18.Appendices
              •  Demand - Regions
              •  Demand - Countries

Scope of Report 
The Polybutylene Terephthalate (PBT) report describes Europe Polybutylene Terephthalate (PBT) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Polybutylene Terephthalate (PBT) Market data in terms of volume and value for each end-use 
    at regional and country level
•  Polybutylene Terephthalate (PBT) Market analysis for capacity and demand, 
    at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

Who is the manufacturer of PBT in Europe?
Europe Polybutylene Terephthalate (PBT) Market BASF SE Bluestar Almaak International GmbH Celanese Mitsubishi Engineering Plastics Laxness (No available link) DSM Engineering Plastics DowDuPont Mitsubishi (No available link) Chang Chun Group SABIC Toray Industries Other Manufacturers DuBay Polymers is a joint venture between Laxness and DuPont, operates a 100 thousand tons plant in Hamm-Uentrop, Germany. Recently the company announced a force majeure due to an outage of the purified terephthalic acid raw material. In 2017, BASF SE expanded the engineering plastics capacity of PA and PBT with the new capacity to be 70 thousand tons. The company recently launched PBT Ultradur® B4335G3 HR HSP – a type of PBT which will provide protection to the electronic applications.