Pacific Polybutylene Naphthalate Resin market

Asia Pacific Polybutylene Naphthalate Resin (PBN Resin) Market Research Report 2024-2030

  • 24 October 2024
  • Chemicals and Materials
  • 205 Pages
  • Report code : PMR-8015574

  • 4.7 (158)

Pacific Polybutylene Naphthalate Resin Market

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The Asia Pacific Polybutylene Naphthalate Resin (PBN Resin) market size was valued at US$ 73.8 million in 2024 and is projected to reach US$ 102.4 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

Polybutylene Naphthalate (PBN) Resin is a high-performance engineering plastic known for its excellent thermal stability, chemical resistance, and electrical properties, used in automotive, electrical, and industrial applications.

The Asia Pacific PBN Resin market is experiencing steady growth, driven by demand for high-performance materials in electronics and automotive industries. Japan accounts for 40% of the market, followed by South Korea at 30% and China at 20%. In 2023, the electrical and electronics sector consumed 50% of the total production, with automotive applications at 30% and industrial components at 15%. The market saw a 12% increase in demand from the 5G infrastructure sector for high-frequency electronic components. Key players include Teijin Limited (Japan) and Polyplastics Co. Ltd. (Japan), collectively holding a 60% market share in the region. The industry is investing in developing grades with enhanced properties, with a 15% increase in R&D spending on flame-retardant PBN formulations in 2023. Challenges include high production costs, limiting widespread adoption in certain applications. The trend towards vehicle electrification has driven a 10% growth in demand for PBN in EV battery components. The market is benefiting from the shift towards miniaturization in electronics, with an 8% increase in ultra-thin film applications.

Report Includes

Pacific Polybutylene Naphthalate Resin Market is an essential reference for who looks for detailed information on Asia Pacific Polybutylene Naphthalate Resin (PBN Resin) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Polybutylene Naphthalate Resin (PBN Resin) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Polybutylene Naphthalate Resin Market aims to provide a comprehensive presentation of the Asia Pacific Polybutylene Naphthalate Resin (PBN Resin) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polybutylene Naphthalate Resin (PBN Resin) . Pacific Polybutylene Naphthalate Resin Market contains market size and forecasts of Polybutylene Naphthalate Resin (PBN Resin) in Asia Pacific, including the following market information:

We surveyed the Polybutylene Naphthalate Resin (PBN Resin) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Injection Grade

•    Extrusion Grade

•    Other

by Application:

•    Packaging

•    Consumer Goods

•    Other

key players include: (At least 8-10 companies included)

•    Toray Industries, Inc.

•    Teijin Limited

•    Sumitomo Chemical Co., Ltd.

•    Asahi Kasei Corporation

•    Mitsubishi Chemical Corporation

•    SK Chemicals Co., Ltd.

•    SABIC (formerly Saudi Basic Industries Corporation)

•    LG Chem Ltd.

•    Formosa Plastics Corp

•    China Petrochemical Corporation (Sinopec)

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Polybutylene Naphthalate Resin (PBN Resin) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Polybutylene Naphthalate Resin (PBN Resin) revenues share in Asia Pacific market, 2023 (%)

•    Key companies Polybutylene Naphthalate Resin (PBN Resin) sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Polybutylene Naphthalate Resin (PBN Resin) sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Polybutylene Naphthalate Resin (PBN Resin)

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Polybutylene Naphthalate Resin (PBN Resin) capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Polybutylene Naphthalate Resin (PBN Resin) manufacturers

•    Polybutylene Naphthalate Resin (PBN Resin) forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.

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