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Hexa Reports
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Polybutylene Terephthalate PBT Market Share, Size,
Emerging Trends and Growth, Analysis, Overview and
Forecasts 2015-2019
Technavioa€™s 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.
Hexa Reports
Market Research Reports and Insightful Company Profiles
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
...