Lewes, DE -- (SBWIRE) -- 11/16/2016 -- Report forecast the global PBT market to grow at a CAGR of 6.39% during the period 2016-2020.

PBT is a saturated polyester that is mainly obtained from butanediol (BDO) and terephthalic acid or dimethyl terephthalate (DMT). It is extensively used in the polymers and plastics industry because it offers high-performance blends like polyethylene terephthalate (PET), acrylonitrile styrene acrylate (ASA), and others. PBT offers a valuable combination of high technical properties and good dimensional stability because of its properties of low water absorption, high stiffness, and excellent resistance to heat.

The report covers the present scenario and the growth prospects of the global PBT market for 2016-2020. To calculate the market size, the report considers the consumption of PBT for various applications such as automotive, electrical and electronics, extrusion products, and consumer appliances.

The market is divided into the following segments based on geography:
- The Americas
- APAC
- EMEA

According to the report, development of new product will drive growth in the market. PBT blends provide a balance of chemical resistance and mechanical strength at extreme temperature for a wide range of applications such as automotive and electrical and electronic. However, demand for more sustainable, eco-friendly, and green materials that have the same properties as PBT is arising in the market. To meet this demand, key vendors are investing in the R&D of highly recyclable PBT with excellent chemical and mechanical properties. The use of highly recyclable PBT blends is the key to developing more sustainable and green world for future applications.

Further, the report states that a major factor that adversely affects the growth of the global PBT market is the lack of sophisticated technologies to support the substitution of traditional petroleum-based polymers with bio-based PBT. This hinders the penetration of biodegradable PBT in many end-use application segments such as textile and packaging where traditional polymers are used. The development of an appropriate technology can bridge this gap, allowing the manufacture of high-performance based PBT that will enable many more end-user applications for bio-based PBT.

Global PBT Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global PBT market: BASF, Celanese, DuPont, Lanxess, SABIC, and Toray.

Other Prominent Vendors in the market are: Almaak International, China National BlueStar, DSM, Evonik, Jiangsu Heshili New Material, Polyplastics, Mitsubishi Engineering-Plastics, and SASA Polyester Sanayi A.S.

Market driver
- Growth in global automotive market
- For a full, detailed list, view our report

Market challenge
- Lack of sophisticated technology, consumer awareness, and acceptance for PBT
- For a full, detailed list, view our report

Market trend
- Emergence of EVs
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 62 pages and 45 Exhibits "Global Polybutylene Terephthalate Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by geography, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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