Polybutylene Terephthalate Pbt Market Key Trends, Size, Growth, Shares and Forecast Research Report 2015-2019

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Outlook of the PBT market

Technavios market research analyst estimates the PBT market to witness a steady growth at a CAGR of around 6% during the forecast period. The increasing demand from the automotive sector is one of the primary drivers for the growth of this market. PBT is used in the auto electrical system components along with the interior and exterior automotive parts. For instance, PBT is used in the manufacturing of mirror housings, windshield wipers, vents, handles, fuel system components, fuse boxes and all the ignition system components.

The growing trend of using PBT as a replacement for metal components in the aerospace sector is anticipated to contribute to the market growth during the forecast period. The use of PBT aids in the weight reduction of components along with improving the strength resistance to corrosion. Engineered plastics can be more chemical-resistant with exceptional heat resistance property, making them an ideal choice to be used in fuel systems, fluid handling systems, and other high-temperature applications.

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Segmentation by application and analysis of - automobiles, electronics, consumer appliances

The electronics and electrical segment dominated the market during 2014, with a share of 46% and is expected to retain its leadership until the end of 2019. PBTs are used in electrical components such as connectors, sockets, boards, sensor coverings, transformer insulation, switches and power sockets.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

Electronics and electrical

Automobile

Consumer appliances

Extrusion products

Geographical segmentation and analysis of the PBT market

Americas

APAC

EMEA

APAC...