Home Appliances Grade PBT Market size is estimated to be USD 15.2 Billion in 2024 and is expected to reach USD 22.8 Billion by 2033 at a CAGR of 5.8% from 2026 to 2033.
The global market for home appliances grade Polybutylene Terephthalate (PBT) has been experiencing notable growth, driven by the increasing demand for durable and high performance materials in the manufacturing of household appliances. In 2022, the Asia Pacific region emerged as a significant contributor, generating revenues of USD 2,993.5 million, with projections indicating a rise to USD 4,327.5 million by 2030, reflecting a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. Within this region, the electrical and electronics segment held a substantial revenue share of 45.59% in 2022, underscoring the materials importance in these applications. Notably, Thailand is anticipated to register the highest CAGR within Asia Pacific during the forecast period, highlighting its growing market potential.
Focusing on India, the PBT market demonstrated robust performance, recording revenues of USD 330.1 million in 2022 and is expected to reach USD 519.0 million by 2030, growing at a CAGR of 5.8% from 2023 to 2030. The electrical and electronics sector dominated the Indian market, accounting for a 45.53% revenue share in 2022, and is projected to continue its rapid expansion in the coming years. These trends reflect the increasing adoption of advanced materials like PBT in home appliances, driven by factors such as urbanization, rising disposable incomes, and a growing emphasis on energy efficiency and sustainability.
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Changchun
BASF
Sabic
DuBay Polymer (Lanxess
DuPont)
Kanghui
Toray
Shinkong
Sipchem
WinTech (Polyplastics
Teijin)
BlueStar
Heshili
Yizheng (Sinopec)
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Home Appliances Grade PBT Market
Kitchen Appliances
Cleaning Appliances
Cooling Appliances
Heating Appliances
Smart Appliances
Refrigeration
Cooking
Washing
Heating (e.g., air conditioners, heaters)
Personal Care Machines
Standard PBT
Glass Reinforced PBT
Flame Retardant PBT
Impact Modified PBT
Color Masterbatch PBT
Online Retailers
Offline Retailers
Wholesalers
Direct Sales
Distributors
Low-end Appliances
Mid-range Appliances
High-end Appliances
Luxury Appliances
Budget Appliances
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Home Appliances Grade PBT Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Home Appliances Grade PBT Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Home Appliances Grade PBT Market, By Type
6. Global Home Appliances Grade PBT Market, By Application
7. Global Home Appliances Grade PBT Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Home Appliances Grade PBT Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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