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Source：http://www.21cp.com/

The global market value of PET/PBT resin grew to USD31.47 billion in 2013.The annual compound growth rate of their market demand will be 7.3% during 2014 to 2019.

PET and /PBT are both important thermoplastic polyesters. PET is widely used in plastic containers, plastic film and food package etc. PBT mainly applies to auto, electric products and durable goods etc. In recent years, the trend of engineering plastics replacing metal material has become more and more notable. Affected by such trend, the market demand of PBT is increasing year by year. In addition, factors including the prosperousness of end product market, the rise of emerging countries and the promotion of bio-based materials further drive the market trend

The Asia-Pacific region, the important production and consumption market of PET/PBT resin, occupies 38% of PET market share and 53.6% of PBT market share in the world. China has been the largest PBT consumption country in the Asia-Pacific region for its rapid development of auto and electronics industry.