The informative and reliable Polybutylene terephthalate (PBT) report is published weekly in Asia. In Europe PBT is covered in the Engineering Plastics report and includes Polyacetal (POM).
Contract price assessments are covered in Europe, while Asia focuses on spot activity. This valuable tool will support market players in business decisions. Our news and analysis includes regional overviews, production news, feedstock movements and graphs.
Updated to Q2 2020
Supply was ample as makers struggled with rising inventories. Despite trimming down output, most makers are still facing high inventories. Lower prices failed to entice buyers forward with suppliers mostly having thin margins. The lockdowns in Asia and Europe has resulted in stocks piling up among Asia makers, with some conceding that it would take time to reduce.
Demand slumped as the key automotive sector shut down across most economies globally, as countries tried to contain the pandemic. Some auto sectors in certain countries like China has restarted but with global supply chains upended, manufacturing could not move ahead full steam. Meanwhile, the auto segments in other economies were mostly still shuttered, with overall demand for resins in a low ebb.
PBT supply remained stable with adequate availability of product due to weak demand conditions from the main automotive sector. Some downstream customers stopped production due to poor dynamics.
Demand was impacted by weak consumption from the key downstream automotive sector, largely as a result of the coronavirus pandemic. Consumption from the packaging, construction and electronics sector was relatively strong compared with automotive applications, but demand remained weak overall in Q2.
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Polybutylene terephthalate or PBT is a semi-crystalline, white or off-white polyester similar in both composition and properties to polyethylene terephthalate (PET). It has slightly lower strength and stiffness than PET. PBT is softer, but it has higher impact strength and very similar chemical resistance. It is usually preferred for industrial scale moulding due to quicker crystallising. It is widely used in electronic, electrical, communications, fibre optics and automotive industries.
Polybutylene terephthalate (PBT) is included in the engineering plastics umbrella.
PBT is a thermoplastic polyester resin that has good impact strength, heat resistance and flow properties. It has many automotive applications such as mirror housings, fans, fuse boxes, cowl vents, and motor and ignition system components.
It also has uses in electrical and electronic products such as connectors, chip sockets, terminal boards, switches and circuit breakers.