In the first half of 2023, Polybutylene Terephthalate (PBT) prices in Asia showed mixed behavior due to fluctuations in demand from the automotive, polymer, and EV sectors. Low prices at the start were followed by an increase due to a widening demand-supply gap and rising crude oil costs. In Europe, prices inclined in Q1 but stabilized in Q2 as manufacturers increased production. North America experienced consistently high demands from the EV and automotive sectors, leading to mostly stable and positive PBT prices throughout the first half of the year.
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Definition
Polybutylene Terephthalate (PBT) is a high-performance engineering thermoplastic resin. It is a type of polyester that exhibits excellent mechanical properties, including high strength, stiffness, and dimensional stability. PBT is known for its resistance to heat, chemicals, and moisture, making it suitable for a wide range of applications, including automotive components, electrical connectors, and consumer goods. Its versatility and durability make it a popular choice in various industries.
Key Details About the Polybutylene Terephthalate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polybutylene Terephthalate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Polybutylene Terephthalate Price chart, including India Polybutylene Terephthalate price, USA Polybutylene Terephthalate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Polybutylene Terephthalate Price Trend:
Polybutylene Terephthalate (PBT) is extensively used in the automotive industry for connectors, sensors, and housings, as well as in electrical and electronics sectors for switches and circuit breakers. Its durability, resistance to heat and chemicals make it valuable in consumer goods like household appliances and sporting equipment.
Key Players:
- Almaak International GmbH
- BASF SE
- Celanese Corporation
- DowDuPont, Inc.
- Chang Chun Group
- Enviroplas, Inc.
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