The India polybutylene terephthalate (PBT) market size reached USD 99.06 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 133.26 Million by 2033, exhibiting a growth rate (CAGR) of 3.35% during 2025-2033. The market is expanding due to the increasing use in automotive and telecommunications, driven by its thermal stability, mechanical strength, and insulation properties, with government initiatives and rising production further boosting demand across these high-growth sectors.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 99.06 Million |
Market Forecast in 2033 | USD 133.26 Million |
Market Growth Rate (2025-2033) | 3.35% |
Rising Demand in the Automotive Industry
The Indian polybutylene terephthalate (PBT) market is growing as a result of its rising application in the automotive industry. The high mechanical strength, thermal stability, and electrical insulation features of PBT make it an ideal choice for producing connectors, sensor enclosures, and components located under the hood. The government is encouraging electric mobility with initiatives such as the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme in 2024, which has set aside ₹10,900 crore to boost electric two-wheelers, three-wheelers, and buses. The program featured projects for electric ambulances and trucks, in addition to the setup of 88,500 EV chargers. These initiatives are catalyzing the demand for PBT in lightweight, heat-tolerant vehicle parts. Furthermore, electric vehicles (EVs) need sophisticated engineering plastics capable of enduring high voltages and thermal stress, making PBT an essential material for battery systems, motor enclosures, and charging infrastructure. Moreover, the implementation of strict automotive safety standards is encouraging manufacturers to substitute metal parts with high-performance polymers, improving fuel efficiency and vehicle longevity. With the increase in vehicle production and exports, the demand for PBT in India's automotive manufacturing industry is increasing.
Growing Adoption in Fiber Optics and Telecommunications
The swift growth of India's telecommunications industry is driving the need for PBT in the production of fiber optic cables and network elements. PBT's remarkable mechanical strength, moisture resistance, and dimensional stability render it a suitable option for safeguarding optical fibers in tough environmental conditions. In 2025, BSNL revealed intentions to install 100,000 mobile towers to expedite the launch of 5G services, having already deployed 65,000 towers for 4G. The administration is evaluating international vendors for 5G gear, with a bidding process of $2 billion currently in progress. BSNL plans to introduce 4G services by May 2025 and 5G by June 2025, with assistance from local vendors such as TCS and Tejas Networks for infrastructure development. Given the nation's strong drive for 5G, there is an increase in demand for robust, lightweight, and weatherproof materials in cable insulation and housings. The thermal stability and resistance to environmental stress of PBT guarantee the durability and effectiveness of fiber optic networks, establishing it as an essential material in telecom infrastructure. Furthermore, government efforts to enhance digital connectivity are catalyzing the demand for high-performance polymers. With the ongoing increase in broadband access and data usage, telecom firms are progressively turning to PBT for its exceptional protective features, which guarantee lasting network dependability.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, processing method, and end use industry.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes industrial grade and commercial grade.
Processing Method Insights:
The report has provided a detailed breakup and analysis of the market based on the processing method. This includes injection molding, extrusion, blow molding, and others.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes automotive, extrusion products, electrical and electronics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Industrial Grade, Commercial Grade |
Processing Methods Covered | Injection Molding, Extrusion, Blow Molding, Others |
End Use Industries Covered | Automotive, Extrusion Products, Electrical and Electronics, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: