The global polybutylene naphthalate resin market is estimated to grow at a steady rate during the forecast period. Polybutylene naphthalate (PBN) resin does not have broad usage in the process sector. Still, it is making inroads in various applications, expanding sales of solar batteries and automotive is estimated to drive the global polybutylene naphthalate resin market. Its superior gas-barrier properties make it crucial for solar battery chargers backsheet where a service life of less than ten years would be anticipated. Polybutylene naphthalate resin is also finding use when meshing of gears made from the same material is undesirable. This is attributed to bringing new market opportunities. However, the high pricing of Polybutylene Naphthalate Resin is predicted to hamper its growth to broad aspects.
The major players in the polybutylene naphthalate resin market include Teijin. This section covers the regional outlook, which accentuates current and future demand for the Polybutylene Naphthalate Resin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
By Product Type
- Injection Grade
- Extrusion Grade
- Other
By Application
- Packaging
- Consumer Goods
- Other
Source: https://www.valuemarketresearch.com/report/polybutylene-naphthalate-resin-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.