Worldwide consumption for polybutylene terephthalate (PBT) is expected to reach 1,150 kilo tons in 2018, according to Fact.MR valuation. Overall growth of the PBT market can be attributed to,
For a sample copy of the report, please click:- https://www.factmr.com/connectus/sample?flag=S&rep_id=2406
Extensive application of PBT formulations across end-user industries
Increasing demand for bio-based plastic and development of biodegradable and recyclable forms of PBT
Growing utilization in electronic components whose production is rising on the back of the fast-growing vehicle electrification landscape
Significant R&D investments focused on improving PBT formulations for greater functional properties
As per Fact.MR valuation, the steadily rising PBT consumption across the globe is expected to witness an increase of over 50 kilo tons, growing at the rate of 4.8% in 2018 over 2017.
“The landscape of engineering thermoplastic polymers is gaining center stage owing to their superior performance and functional properties. Global consumption of PBT is set to rise on the back of increasing importance of PBT in multiple applications of electronics and automotive industries. Buoyancy in the automotive sector and expansion of the electronics industry have regained the declining sales of PBT in the past decade. In 2018, PBT sales are expected to generate over US$ 2.5 billion market revenues,” says a senior analyst at Fact.MR.
View Full Report@:- https://www.factmr.com/report/2406/pbt-market
Electrical and Electronics Industry Holds Sway with Two Fifth Volume Share in 2018
Fact.MR study shows that demand for PBT in the electrical & electronics industry will hold nearly 40% of the global consumption in 2018. The electronics industry landscape is growing at a rapid pace against the backdrop of increasing reliance on electrical components across industrial verticals. PBT resins and PBT formulations provide greater performance in terms of dimensional stability, heat resistance and higher stiffness.
Increasing consumption of PBT in electronic components can also be attributed to ongoing miniaturization of electronic components where engineering thermoplastics polymers find extensive application. Fact.MR shows that ranging from insulations to connectors rising incorporation of PBT in electronic components is expected to consume over 450 kilo tons of PBT in 2018 and the consumption rate is growing at 5.1% over 2017.
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The Fact.MR report tracks the Polybutylene terephthalate market for the period 2018-2027. According to the report, the PBT market is projected to grow at 5.6% CAGR through 2027.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
For a sample copy of the report, please click:- https://www.factmr.com/connectus/sample?flag=S&rep_id=2406
Extensive application of PBT formulations across end-user industries
Increasing demand for bio-based plastic and development of biodegradable and recyclable forms of PBT
Growing utilization in electronic components whose production is rising on the back of the fast-growing vehicle electrification landscape
Significant R&D investments focused on improving PBT formulations for greater functional properties
As per Fact.MR valuation, the steadily rising PBT consumption across the globe is expected to witness an increase of over 50 kilo tons, growing at the rate of 4.8% in 2018 over 2017.
“The landscape of engineering thermoplastic polymers is gaining center stage owing to their superior performance and functional properties. Global consumption of PBT is set to rise on the back of increasing importance of PBT in multiple applications of electronics and automotive industries. Buoyancy in the automotive sector and expansion of the electronics industry have regained the declining sales of PBT in the past decade. In 2018, PBT sales are expected to generate over US$ 2.5 billion market revenues,” says a senior analyst at Fact.MR.
View Full Report@:- https://www.factmr.com/report/2406/pbt-market
Electrical and Electronics Industry Holds Sway with Two Fifth Volume Share in 2018
Fact.MR study shows that demand for PBT in the electrical & electronics industry will hold nearly 40% of the global consumption in 2018. The electronics industry landscape is growing at a rapid pace against the backdrop of increasing reliance on electrical components across industrial verticals. PBT resins and PBT formulations provide greater performance in terms of dimensional stability, heat resistance and higher stiffness.
Increasing consumption of PBT in electronic components can also be attributed to ongoing miniaturization of electronic components where engineering thermoplastics polymers find extensive application. Fact.MR shows that ranging from insulations to connectors rising incorporation of PBT in electronic components is expected to consume over 450 kilo tons of PBT in 2018 and the consumption rate is growing at 5.1% over 2017.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2406
The Fact.MR report tracks the Polybutylene terephthalate market for the period 2018-2027. According to the report, the PBT market is projected to grow at 5.6% CAGR through 2027.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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