Polybutylene Terephthalate (PBT) Market size and Key Trends in terms of volume and value 2019-2029

Title: Polybutylene Terephthalate (PBT) Market Study Provides Latest Intelligence on Growth in 2021 and Beyond

Global Polybutylene Terephthalate (PBT) supply-demand continues to be impacted by broader developments in the chemicals sector. The new Polybutylene Terephthalate (PBT) market research report outlines the key factors that will impact production, supply, and demand during the assessment period. The study tracks Polybutylene Terephthalate (PBT) demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Polybutylene Terephthalate (PBT) in particular.

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How will Polybutylene Terephthalate (PBT) Sales Grow in 2021 and Beyond

The Polybutylene Terephthalate (PBT) industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies. Overall, demand for Polybutylene Terephthalate (PBT) will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.

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Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million. Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm. The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.

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Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.

The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.

Key Polybutylene Terephthalate (PBT) Market Segments

By application, the key segments include

  • Electrical & Electronics
  • Consumer Appliances
  • Automotive

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Competitive Landscape

The Fact.MR study profiles the business, product and other key strategies of the leading Polybutylene Terephthalate (PBT) companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.

Key Regions Analyzed

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Read More Trending Reports of Fact.MR: –http://www.globenewswire.com/en/news-release/2018/04/25/1486909/0/en/Europe-to-Remain-Largest-Market-for-Flame-Resistant-Retardant-Fabric.html

Key Country-wise Inclusions

  • US Polybutylene Terephthalate (PBT) Market
  • Canada Polybutylene Terephthalate (PBT) Sales
  • Germany Polybutylene Terephthalate (PBT) Production
  • UK Polybutylene Terephthalate (PBT) Industry
  • France Polybutylene Terephthalate (PBT) Market
  • Spain Polybutylene Terephthalate (PBT) Supply-Demand
  • Italy Polybutylene Terephthalate (PBT) Outlook
  • Russia & Cis Market Analysis
  • China Polybutylene Terephthalate (PBT) Market Intelligence
  • India Polybutylene Terephthalate (PBT) Demand Assessment
  • Japan Polybutylene Terephthalate (PBT) Supply Assessment
  • ASEAN Polybutylene Terephthalate (PBT) Market Scenario
  • Brazil Polybutylene Terephthalate (PBT) Sales Analysis
  • Mexico Polybutylene Terephthalate (PBT) Sales Intelligence
  • GCC Polybutylene Terephthalate (PBT) Market Assessment
  • South Africa Polybutylene Terephthalate (PBT) Market Outlook

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