India Polybutylene Terephthalate (PBT) Market: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

India Polybutylene Terephthalate (PBT) Market: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Polybutylene Terephthalate (PBT) resin demand in India stood at 27.20 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.25% in the forecast period. PBT is an efficient thermoplastic produced by the utilization of 1,4 Butanediol, Dimethyl Terephthalate and Purified Terephthalic Acid. Electrical and electronic industry accounts for over 60 per cent of the total domestic demand for PBT followed by automotive industry. Owing to its good processability and high heat resistance, PBT is widely consumed for manufacturing of sockets, seat belts, bonnet components and chip sockets in automotive industry. Whereas it is profoundly consumed for manufacturing of connectors, cable enclosures, capacitors etc. in the electrical and electronic industry.

Outbreak of Coronavirus in the final quarter of FY 20 has led to an adverse fluctuation in demand for PBT from Indian automotive industry. Despite of implementation of BS VI fuel emission norm requiring production of BS VI fuel compatible vehicles by April 2020, the demand for PBT in the automotive industry has significantly declined on prolong economic slowdown aggravated by the temporary production turnarounds in companies, taken up to grapple high inventories and low revenue as an effect of low buying sentiments in wake of Coronavirus outbreak. However, the slumped demand for PBT from automotive industry is anticipated to recover in the coming years on gradual recovery in the Indian economy leading to enhanced annual income of the masses. In contrast, the coronavirus outbreak has been positively affected the demand for PBT from electrical and electronic industry by increasing the domestic manufacturing to combat to limited supply of raw materials and finished goods from major exporting countries as an outcome of disruption in worldwide trade dynamics. The demand is expected to propel further in the coming years as government is laying high stress in enhancing domestic manufacturing in various industrial sectors to consolidate high revenues for assisting the economy. In addition, increasing demand for PBT in extrusion applications is expected to emerge as a potential segment for outgrowing the demand for PBT in the forecast period. In addition to various end user industries, demand for PBT varies with regions too. North and West region accounts for the major consumption of PBT due to the presence of a good number of end-user industries along with a vast distribution channel.

PBT is being manufactured by Toray Industries in India with a plant capacity of 5 KTPA. Owing to the limited production of the product in the country, imports primarily cater to the PBT demand in India. To establish efficient production base for PBT in the country, there is a need to encourage new manufacturers to emerge in the domestic market.

Years Considered for this Report:

Historical Years: 2015 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 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.
In India PBT is being manufactured by a single company, Toray India Incorporation Limited. Hence, imports play a crucial part in catering to the domestic demand for PBT. Other major players operating in India PBT resin market are Nantong Xingchen Synthetic Material Co. Limited (BlueStar), DuPont, Lanxess AG ,Celanese Corporation,Chang Chun Plastics Co. Limited, Sahara International Petrochemical Corporation, Evonik Industries AG ,SABIC, BASF, Mitsubishi Chemical Corporation, Toray Industries Inc., etc.

Prices of PBT in the Indian market are highly susceptible to the prices of its raw materials 1,4 Butanediol, Dimethyl Terephthalate and Purified Terephthalic Acid. As PBT is majorly imported, domestic manufacturers are compelled to mark the domestic prices in line with prices of the imported product to prevent material injury. As of FY 20 prices of PBT declined by over 10 per cent in comparison to the previous financial year on decline in demand initially due to slowdown in the automotive followed by Coronavirus uncertainties.

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, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India PBT resin market over the coming years.

ChemAnalyst calculated India PBT resin demand by analyzing the historical data and demand forecast was carried out considering the growth of end use industries. ChemAnalyst 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 ChemAnalyst.

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.

Report Scope:

In this report, the India PBT market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by End Use- Electronics and Appliances, Automotive and Others

Market, by Distribution Channel- Direct/Institutional Sales, Retail Sales, Other Channel Sales

Market, by Region- North, West, East and South

Competitive Landscape

ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.

Available Customizations:

With the given market data, ChemAnalyst offers customizations according to a company’s specific needs."


1. Manufacturing Process & Technology Licensing Evaluation
2. India PBT Demand-Supply Gap Outlook, By Volume
2.1. Capacity, By Company
2.2. Capacity, By Location
2.3. Capacity, By Technology
2.4. Production, By Company
2.5. Operating Efficiency, By Company
2.6. Country-Wise Import
2.7. Country-Wise Export
2.8. Demand-Supply Gap
3. India PBT Demand Outlook
3.1. By End Use
3.2. By Distribution Channel
3.3. By Region / State
3.4. By Company
4. Customer Analysis
4.1. Procurement Volume
4.2. Procurement Prices
4.3. Existing Supplier
4.4. Contact Details
5. Cost Structure
5.1. Raw Material Cost
5.2. Selling & Distribution Cost
5.3. Fixed Cost
5.4. Other Cost
6. Market Trends & Developments (Focus on emerging application and manufacturing technologies
7. Grade-Wise & Company-Wise Pricing Analysis (Monthly)
7.1. Historical Prices (Domestic, CFR)
7.2. Forecast
8. Competitive Landscape (Top 10 Companies in terms of revenue share)
8.1. Company Profiles
8.1.1. Key Financial Matrices
8.1.2. Margin Analysis
8.1.3. SWOT Analysis
8.1.4. Key Market Focus and Geographical Presence
8.1.5. Planned Investments
8.1.6. Collaborations
8.1.7. Technology Licensing
8.1.8. Expansion Plan
9. Project Viability Analysis
10. Strategic Recommendations
11. About Us & Disclaimer
List Of Figures
Figure 1: Company-Wise Capacity of India PBT Market, 2015-2030F (KT)
Figure 2: Location-Wise Capacity of India PBT Market, 2015-2030F (KT)
Figure 3: Process/Technology-Wise Capacity of India PBT Market, 2015-2030F (KT)
Figure 4: Company-Wise Production of India PBT Market, 2015-2030F (KT)
Figure 5: Company-Wise Operating Efficiency of India PBT Market, 2015-2030F (%)
Figure 6: India PBT Trade Surplus/Deficit, By Volume (KT), 2015-2020
Figure 7: India PBT Demand Market Share, By End Use, 2015-2030F (%)
Figure 8: India PBT Demand Market Share, By Distribution Channel, 2015-2030F (%)
Figure 9: India PBT Demand Market Share, By Region, 2015-2030F (%)
Figure 10: India PBT Demand Market Share, By Company, 2020 & 2021E (%)
Figure 11: India PBT Recent News / Deals
"
List Of Tables
Table 1: India PBT Trade Dynamics, Country-Wise Import, 2015-2020
(Value in INR Million & Volume in KT)
Table 2: India PBT Trade Dynamics, Country-Wise Export, 2015-2020
(Value in INR Million & Volume in KT)
Table 3: Customer Analysis of India PBT Market, 2020
Table 4: Supplier Cost Structure Analysis of India PBT Market, 2019 & 2020

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