Get the latest insights on price movement and trend analysis of Polybutylene Terephthalate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polybutylene Terephthalate Price Trend for the First Half of 2023
Polybutylene Terephthalate prices exhibited mixed price behaviour throughout the first half of 2023, given the fluctuations in downstream demands from the automotive, polymer, and EV sectors. The first quarter started with low prices; however, soon, the prices inclined as the demand-supply gap widened.
The rising crude oil prices (given the production cuts) led to high upstream cost pressure. Further, after the holiday season, the manufacturing capacities were not running at full, leading to a fall in inventory stocks. Hence, the PBT prices inclined towards the end of the first quarter. This inclined trend continued well within the second quarter, considering the high downstream offtakes amidst inventory shortages.
The European Polybutylene Terephthalate market fluctuated throughout the period under discussion. Q1 majorly witnessed an inclination in prices, as the demands exceeded the supplies and existing stocks could not cater to high downstream demands. But as the second quarter approached, the manufacturers enhanced their production rates churning products at a much faster pace, which, combined with the consistent downstream demands, resulted in an almost flattened curve. Hence, polybutylene terephthalate prices experienced stable market dynamics in the second quarter.
In North America, Polybutylene Terephthalate price trends mostly wavered on the upper end, as the EV and automotive sectors posed consistently high demands. Suppliers kept ordering more products to fulfil the demands as decent profit margins were maintained. These trends continued till mid-Q2, after which they stabilized as demands got steady. Overall, positive market sentiments were recorded for PBT prices.
According to the Procurement Resource, Polybutylene Terephthalate prices are expected to fluctuate in the coming months. The strong demand amid erratic supplies and feedstock fluctuations will likely impact the market heavily.
Procurement Resource provides latest prices of Polybutylene Terephthalate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
PBT is a semi-aromatic, semi-crystalline thermoplastic belonging to the class of polyesters. It is an essential class of polyesters due to its attractive properties like high tensile strength, good resistance to chemical stresses, durability, heat resistance, etc. It can be easily moulded and thermoformed and is closely related to PET (Polyethylene terephthalate). Compared to PET, it has somewhat lower strength but is more flexible than PET.
|Product Name||Polybutylene Terephthalate|
|Industrial Uses||Electrical Insulators, Automotives, Fibre Optic Cables, Fire-safe Polymers, Switches, Electrical Components|
|Supplier Database||Almaak International GmbH, BASF SE, Celanese Corporation, DowDuPont, Inc., Chang Chun Group, Enviroplas, Inc.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
PBT is produced by polycondensation of terephthalic acid or dimethyl terephthalate with 1,4–butanediol in the presence of special catalysts like titanium, tin, or germanium derivatives to obtain high molecular mass polymers.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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