세계의 폴리부틸렌 테레프탈레이트 시장 : 형태별, 최종 사용자별 예측(2025-2030년)

The Polybutylene Terephthalate Market was valued at USD 2.93 billion in 2023, expected to reach USD 3.09 billion in 2024, and is projected to grow at a CAGR of 5.33%, to USD 4.21 billion by 2030.

Polybutylene Terephthalate (PBT) is a thermoplastic engineering polymer commonly used in various industrial applications for its excellent electrical insulation and mechanical properties. PBT is essential in the automotive, electrical, electronics, and consumer goods industries due to its high heat resistance, stiffness, and good chemical resistance. Its application spans connectors, switches, and structural car parts, among others. The market's necessity is driven by the increasing demand for lightweight and durable materials that can withstand harsh operating conditions, particularly in the evolving automotive sector prioritizing fuel efficiency and reduced emissions. End-use scope extends broadly across automotive, electronics, industrial, and consumer goods manufacturers, envisioning strong growth with the development of electric vehicles and smart electronics.

Key growth factors include technological advancements that have improved the performance characteristics of PBT, such as flame retardancy and recyclability, alongside increasing investments in R&D by major corporations. The latest opportunities lie in the expansion of electric vehicles and renewable energy sectors, offering substantial growth due to PBT's suitability in battery components and solar panel frames. Recommendations for companies include focusing on strategic partnerships and mergers to enhance R&D capabilities, targeting emerging economies with sizeable automotive and electronics markets. However, the market faces challenges like fluctuating raw material prices and the growing push for eco-friendly alternatives, which necessitate innovations in sustainable production processes and materials.

Innovations and research areas with the potential for significant business growth include developing bio-based PBT, which could align with global sustainability trends, and enhancing flame retardancy without halogen use, broadening application in safety-critical areas. The market is characterized by moderately high competition, with firms competing on product differentiation and technological advancements. The interplay between regulatory policies, environmental concerns, and evolving consumer preferences will continue to influence market dynamics, suggesting a need for adaptive strategies and continuous innovation to maintain competitive advantage.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Polybutylene Terephthalate Market

The Polybutylene Terephthalate Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing adoption and sale of automobiles worldwide
  • Growing demand for polybutylene terephthalate from the electronics sector
  • Stringent government regulations to reduce fuel emissions
• Market Restraints
  • Volatile raw material cost required for the production of polybutylene terephthalate
• Market Opportunities
  • Ongoing R&D to enhance properties of polybutylene terephthalate
  • Advancements in chemical recycling of polyethylene terephthalate waste
• Market Challenges
  • Environmental issues associated with polybutylene terephthalate

Porter's Five Forces: A Strategic Tool for Navigating the Polybutylene Terephthalate Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Polybutylene Terephthalate Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Polybutylene Terephthalate Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Polybutylene Terephthalate Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Polybutylene Terephthalate Market

A detailed market share analysis in the Polybutylene Terephthalate Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Polybutylene Terephthalate Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Polybutylene Terephthalate Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Polybutylene Terephthalate Market

A strategic analysis of the Polybutylene Terephthalate Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Polybutylene Terephthalate Market, highlighting leading vendors and their innovative profiles. These include Alpek S.A.B. de C.V., Avient Corporation, BASF SE, Celanese Corporation, Covestro AG, Curbell Plastics, Inc., EMCO INDUSTRIAL PLASTICS, INC., Evonik Industries AG, Fagerhults Belysning AB, Indorama Ventures Public Company Limited, K.D. FEDDERSEN, LANXESS AG, Merck KGaA, Mitsubishi Chemical Corporation, Polymershapes LLC, Polyplastics Co., Ltd., Reiloy Westland Corporation, Relyon plasma GmbH, Royal DSM N.V., RTP Company, S.S.B. POLYMERS & S.S.B. ENTERPRISES, SABIC, Sudarshan Chemical Industries Limited, TORAY INDUSTRIES, INC., Xcentric Mold & Engineering, and Xometry, Inc..

Market Segmentation & Coverage

This research report categorizes the Polybutylene Terephthalate Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Form, market is studied across Granules and Powder.
• Based on End User, market is studied across Automotive, Electrical & Electronics, Industrial & Machinery, Packaging, and Textile.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing adoption and sale of automobiles worldwide
    • 5.1.1.2. Growing demand for polybutylene terephthalate from the electronics sector
    • 5.1.1.3. Stringent government regulations to reduce fuel emissions
  • 5.1.2. Restraints
    • 5.1.2.1. Volatile raw material cost required for the production of polybutylene terephthalate
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing R&D to enhance properties of polybutylene terephthalate
    • 5.1.3.2. Advancements in chemical recycling of polyethylene terephthalate waste
  • 5.1.4. Challenges
    • 5.1.4.1. Environmental issues associated with polybutylene terephthalate
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Polybutylene Terephthalate Market, by Form

• 6.1. Introduction
• 6.2. Granules
• 6.3. Powder

7. Polybutylene Terephthalate Market, by End User

• 7.1. Introduction
• 7.2. Automotive
• 7.3. Electrical & Electronics
• 7.4. Industrial & Machinery
• 7.5. Packaging
• 7.6. Textile

8. Americas Polybutylene Terephthalate Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Polybutylene Terephthalate Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Polybutylene Terephthalate Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Alpek S.A.B. de C.V.
• 2. Avient Corporation
• 3. BASF SE
• 4. Celanese Corporation
• 5. Covestro AG
• 6. Curbell Plastics, Inc.
• 7. EMCO INDUSTRIAL PLASTICS, INC.
• 8. Evonik Industries AG
• 9. Fagerhults Belysning AB
• 10. Indorama Ventures Public Company Limited
• 11. K.D. FEDDERSEN
• 12. LANXESS AG
• 13. Merck KGaA
• 14. Mitsubishi Chemical Corporation
• 15. Polymershapes LLC
• 16. Polyplastics Co., Ltd.
• 17. Reiloy Westland Corporation
• 18. Relyon plasma GmbH
• 19. Royal DSM N.V.
• 20. RTP Company
• 21. S.S.B. POLYMERS & S.S.B. ENTERPRISES
• 22. SABIC
• 23. Sudarshan Chemical Industries Limited
• 24. TORAY INDUSTRIES, INC.
• 25. Xcentric Mold & Engineering
• 26. Xometry, Inc.