Polybutylene
Terephthalate (PBT) resin demand in India stood
at 27.20 thousand tonnes in 2018 and is projected to grow at a CAGR of 9.71%
during 2019-2030 to reach 109 thousand tonnes by 2030. Growing demand across
various industries such as electrical & electronics, automotive and
consumer appliances is fueling the market. Increasing demand for light weight
durable products such as airbags, bonnet components, seat belts, seat &
door assemblies, chip sockets, coil bobbins, terminal boards, motor end
caps, stator insulation and cable liners are boosting demand for PBT products. Moreover, excellent
flame-retardant properties of PBT products is anticipated to drive the demand
for PBT resin in electrical & electronics industry, thereby positively
influencing India PBT resin market during forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast PBT resin capacity, production, demand, inventory, and demand
– supply gap in India.
- To categorize PBT resin demand based on end use,
sales channel and region.
- To study
trade dynamics and company share in India PBT resin market.
- To
identify major customers of PBT resin in India.
- To
evaluate and forecast PBT resin pricing in India.
- To
identify and profile major companies operating in India
PBT resin market.
- To identify major developments, deals and
expansion plans in India PBT resin market.
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Report Scope:
In this report, India PBT resin market has been segmented into
following categories:
Some of the major players operating in India PBT resin
market are Nantong Xingchen Synthetic Material Co. Limited (BlueStar), Chang
Chun Plastics Co. Limited, SABIC, BASF, Toray Industries Inc., etc.
To extract data for India PBT resin
market, primary research surveys were conducted with PBT resin manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India PBT resin market
over the coming years.
TechSci Research calculated India
PBT resin demand by analyzing the historical data and demand forecast was
carried out considering the growth of end use industries. TechSci Research
sourced these values from industry experts and company representatives and
externally validated through analyzing historical sales data of respective manufacturers to arrive at the
overall market size. Various secondary sources such as company websites,
association reports, annual reports, etc., were also studied by TechSci
Research.
Key
Target Audience:
- PBT resin manufacturers and other stakeholders
- Organizations, forums and alliances related to
PBT resin distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders, such as PBT resin manufacturers, distributors
and policymakers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]