PET & PBT are considered as the main types of thermoplastic polyester resin. Polyethylene Terephthalate (PET) is defined as the plastic polymer manufactured by reacting two raw materials, whereas Polybutylene Terephthalate (PBT) is produced from PTA and BDO (1, 4-butanediol. In comparison to PET (polyethylene terephthalate), PBT has considerably lower strength and rigidity, and displays better impact resistance, and a lower glass transition temperature.
MARKET DYNAMICS
The PET & PBT Resin market has witnessed a significant growth owing to factors such as rising demand for lightweight and packaged food. Moreover, growing use of such resins in manufacturing electronic and automobile components along with the substitution of metal by Polybutylene Terephthalate structures provides a huge market opportunity for the key players operating in the PET & PBT Resin market. However, the presence of PC as a substitute of PBT is projected to hamper the overall growth of the PET & PBT Resin market.
MARKET SCOPE
The "Global PET & PBT Resin Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PET & PBT Resin market with detailed market segmentation by application and geography. The global PET & PBT Resin market is expected to witness high growth during the forecast period. The report provides key statistics on the marketstatus of the leading PET & PBT Resin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global PET & PBT resin market is segmented on the basis of application. On the basis of application, the PET & PBT Resin market is segmented into PET application and PBT application. On the basis of PET application, the market is segmented into bottles, films, food packaging and others. On the basis of PBT application, the market is segmented into automotive, electrical and electronics, consumer appliance and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PET & PBT Resin market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PET & PBT Resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the PET & PBT Resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PET & PBT Resin market in these regions.
MARKET PLAYERS
The reports cover key developments in the PET & PBT Resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers fromPET & PBT Resin market is anticipated to lucrative growth opportunities in the future with the rising demand for PET & PBT Resin in the global market. Below mentioned is the list of few companies engaged in the PET & PBT Resin market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the PET & PBT Resin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alpek
- BASF SE
- DSM
- E.I. Du Pont De Nemours And Co.
- Far Eastern New Century
- Indorama Ventures
- Jiangsu Sanfangxiang Group
- M and G Chemicals
- Saudi Basic Industries Corporation
- Toray Industries, Inc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.