According to a market report by Lucintel, the future of the global PBT modified compound market looks promising with opportunities in the automobile industry, electrical & electronic, and mechanical equipment applications. The global PBT modified compound market is expected to grow with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rising preference for bio-based compounds, growing application of this product in 3D printing, and significant application of these compounds in the electrical & electronics and automotive sector.
A more than 150-page report to understand trends, opportunity and forecast in PBT modified compound market to 2030 by type (unreinforced grade, glassfiber reinforced, flame-retardant grade, and others), application (automobile industry, electrical & electronics, mechanical equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that unreinforced grade is expected to witness highest growth over the forecast period due to its widespread usage in cars, electrical equipment, consumer appliances and machinery applications.
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APAC is expected to witness highest growth over the forecast period due to rapid growth of the automotive, electrical and electronics, and consumer appliances industries in the region.
BASF, Changchun, Lanxess, Sabic, Shinkong, DowDuPont, Mitsubishi are the major suppliers in the PBT modified compound market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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