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| Market size in 2024 | US$ 345.6 million |
Forecast Market size by 2030 | US$ 489.5 million |
|---|---|---|---|
| Growth Rate | CAGR of 6.0% | Number of Pages | 134 Pages |
The global Flame Retardant for PBT Engineering Plastics market size was valued at US$ 345.6 million in 2024 and is projected to reach US$ 489.5 million by 2030, at a CAGR of 6.0% during the forecast period 2024-2030.
The United States Flame Retardant for PBT Engineering Plastics market size was valued at US$ 98.4 million in 2024 and is projected to reach US$ 134.5 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Flame retardants for PBT engineering plastics are additives that enhance fire resistance in polybutylene terephthalate materials.
The global Flame Retardant for PBT Engineering Plastics market is experiencing solid growth, driven by safety regulations and electronic applications. In 2023, total consumption reached 65,000 metric tons, with electronics accounting for 55% of demand. The halogen-free segment is the fastest-growing at 7.2% annually. The market saw a 22% increase in demand for eco-friendly solutions in 2023, reflecting environmental concerns. Brominated compounds dominate with a 55% market share, while phosphorus-based alternatives are growing at 8.5% annually. Asia Pacific leads with a 50% market share and is also the fastest-growing region at 6.8% CAGR. The industry is focusing on developing sustainable alternatives, with a 28% growth in R&D investments for green flame retardants.
Report Overview
PBT is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, mechanical equipment and precision instruments industries. PBT is present in everyday life and is common in electrical, electronic and automotive components. PBT resin and PBT compound are the two types of products that are used in various applications. PBT compound is comprised of various materials that can include PBT resin, fiber glass filing, and additives, whereas the PBT resin only includes the base resin. The material is often used in mineral or glass filled grades. Most PBT resins are used as PBT Compounds. In the report, we only covered PBT compounds.
This report provides a deep insight into the global PBT Engineering Plastics market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global PBT Engineering Plastics Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the PBT Engineering Plastics market in any manner.
Global PBT Engineering Plastics Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BASF
Changchun
Lanxess
Sabic
Shinkong
DuPont
DSM
Mitsubishi
Ticona (Celanese)
WinTech (Polyplastics,Teijin)
Kolon
Toray
Jiangsu Sanfangxiang Group
BlueStar
LG Chem
Nan Ya
Evonik
Market Segmentation (by Type)
Unreinforced Grade
Glassfiber (GF) Reinforced
Flame-retardant Grade
Others
Market Segmentation (by Application)
Automobile Industry
Electrical & Electronics
Mechanical Equipment
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the PBT Engineering Plastics Market
Overview of the regional outlook of the PBT Engineering Plastics Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Flame Retardant for PBT Engineering Plastics Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 345.6 million |
| Forecast Market size by 2030 | US$ 489.5 million |
| Growth Rate | CAGR of 6.0% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 134 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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