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PBT Compound-Global Market Insights and Sales Trends 2025
Synopsis
PBT is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, mechanical equipment and precision instruments industries. PBT is present in everyday life and is common in electrical, electronic and automotive components. PBT resin and PBT compound are the two types of products that are used in various applications. PBT compound is comprised of various materials that can include PBT resin, fiber glass filing, and additives, whereas the PBT resin only includes the base resin. The material is often used in mineral or glass filled grades. Most PBT resins are used as PBT Compounds. In the report, we only covered PBT compounds.
The global PBT Compound market size is expected to reach US$ 5575.5 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of PBT Compound in various end use industries. The expanding demands from the Automobile Industry, Electrical & Electronics, Mechanical Equipment and Others, are propelling PBT Compound market. Unreinforced Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glassfiber (GF) Reinforced segment is estimated at % CAGR for the next seven-year period.
The global PBT compounds market is led by Asia Pacific, capturing about 56% of global PBT compounds consumption. Europe is the second-largest region-wise market with 20% global consumption share.
At present, the major manufacturers of PBT compounds are concentrated in BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi, etc. BASF is the world leader, holding 10% consumption market share.
In application, PBT compounds downstream is wide and recently PBT compounds has acquired increasing significance in various fields of automobile industry, electrical & electronics and mechanical equipment and others. Globally, the PBT compounds market is mainly driven by growing demand for automobile industry which accounts for nearly 49% of total downstream consumption of PBT compounds.
In type, the PBT compounds can be divided into unreinforced grade, glassfiber (gf) reinforced grade, flame retardant grade, etc. Glassfiber (gf) reinforced grade is the largest type with share of 56%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PBT Compound, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PBT Compound market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PBT Compound market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PBT Compound sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PBT Compound covered in this report include BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi and Ticona (Celanese), etc.
The global PBT Compound market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Changchun
Lanxess
Sabic
Shinkong
DuPont
DSM
Mitsubishi
Ticona (Celanese)
WinTech (Polyplastics,Teijin)
Kolon
Toray
Jiangsu Sanfangxiang Group
BlueStar
LG Chem
Nan Ya
Evonik
Global PBT Compound market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PBT Compound market, Segment by Type:
Unreinforced Grade
Glassfiber (GF) Reinforced
Flame-retardant Grade
Others
Global PBT Compound market, by Application
Automobile Industry
Electrical & Electronics
Mechanical Equipment
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PBT Compound manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PBT Compound in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
PBT is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, mechanical equipment and precision instruments industries. PBT is present in everyday life and is common in electrical, electronic and automotive components. PBT resin and PBT compound are the two types of products that are used in various applications. PBT compound is comprised of various materials that can include PBT resin, fiber glass filing, and additives, whereas the PBT resin only includes the base resin. The material is often used in mineral or glass filled grades. Most PBT resins are used as PBT Compounds. In the report, we only covered PBT compounds.
The global PBT Compound market size is expected to reach US$ 5575.5 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of PBT Compound in various end use industries. The expanding demands from the Automobile Industry, Electrical & Electronics, Mechanical Equipment and Others, are propelling PBT Compound market. Unreinforced Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glassfiber (GF) Reinforced segment is estimated at % CAGR for the next seven-year period.
The global PBT compounds market is led by Asia Pacific, capturing about 56% of global PBT compounds consumption. Europe is the second-largest region-wise market with 20% global consumption share.
At present, the major manufacturers of PBT compounds are concentrated in BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi, etc. BASF is the world leader, holding 10% consumption market share.
In application, PBT compounds downstream is wide and recently PBT compounds has acquired increasing significance in various fields of automobile industry, electrical & electronics and mechanical equipment and others. Globally, the PBT compounds market is mainly driven by growing demand for automobile industry which accounts for nearly 49% of total downstream consumption of PBT compounds.
In type, the PBT compounds can be divided into unreinforced grade, glassfiber (gf) reinforced grade, flame retardant grade, etc. Glassfiber (gf) reinforced grade is the largest type with share of 56%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PBT Compound, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PBT Compound market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PBT Compound market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PBT Compound sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PBT Compound covered in this report include BASF, Changchun, Lanxess, Sabic, Shinkong, DuPont, DSM, Mitsubishi and Ticona (Celanese), etc.
The global PBT Compound market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Changchun
Lanxess
Sabic
Shinkong
DuPont
DSM
Mitsubishi
Ticona (Celanese)
WinTech (Polyplastics,Teijin)
Kolon
Toray
Jiangsu Sanfangxiang Group
BlueStar
LG Chem
Nan Ya
Evonik
Global PBT Compound market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PBT Compound market, Segment by Type:
Unreinforced Grade
Glassfiber (GF) Reinforced
Flame-retardant Grade
Others
Global PBT Compound market, by Application
Automobile Industry
Electrical & Electronics
Mechanical Equipment
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PBT Compound manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PBT Compound in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 PBT Compound Market Overview
1.1 PBT Compound Product Overview
1.2 PBT Compound Market Segment by Type
1.2.1 Unreinforced Grade
1.2.2 Glassfiber (GF) Reinforced
1.2.3 Flame-retardant Grade
1.2.4 Others
1.3 Global PBT Compound Market Size by Type
1.3.1 Global PBT Compound Market Size Overview by Type (2018-2029)
1.3.2 Global PBT Compound Historic Market Size Review by Type (2018-2023)
1.3.3 Global PBT Compound Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America PBT Compound Sales Breakdown by Type (2018-2023)
1.4.2 Europe PBT Compound Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific PBT Compound Sales Breakdown by Type (2018-2023)
1.4.4 Latin America PBT Compound Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa PBT Compound Sales Breakdown by Type (2018-2023)
2 Global PBT Compound Market Competition by Company
2.1 Global Top Players by PBT Compound Sales (2018-2023)
2.2 Global Top Players by PBT Compound Revenue (2018-2023)
2.3 Global Top Players by PBT Compound Price (2018-2023)
2.4 Global Top Manufacturers PBT Compound Manufacturing Base Distribution, Sales Area, Product Type
2.5 PBT Compound Market Competitive Situation and Trends
2.5.1 PBT Compound Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by PBT Compound Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in PBT Compound as of 2022)
2.7 Date of Key Manufacturers Enter into PBT Compound Market
2.8 Key Manufacturers PBT Compound Product Offered
2.9 Mergers & Acquisitions, Expansion
3 PBT Compound Status and Outlook by Region
3.1 Global PBT Compound Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global PBT Compound Historic Market Size by Region
3.2.1 Global PBT Compound Sales in Volume by Region (2018-2023)
3.2.2 Global PBT Compound Sales in Value by Region (2018-2023)
3.2.3 Global PBT Compound Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global PBT Compound Forecasted Market Size by Region
3.3.1 Global PBT Compound Sales in Volume by Region (2024-2029)
3.3.2 Global PBT Compound Sales in Value by Region (2024-2029)
3.3.3 Global PBT Compound Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global PBT Compound by Application
4.1 PBT Compound Market Segment by Application
4.1.1 Automobile Industry
4.1.2 Electrical & Electronics
4.1.3 Mechanical Equipment
4.1.4 Others
4.2 Global PBT Compound Market Size by Application
4.2.1 Global PBT Compound Market Size Overview by Application (2018-2029)
4.2.2 Global PBT Compound Historic Market Size Review by Application (2018-2023)
4.2.3 Global PBT Compound Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America PBT Compound Sales Breakdown by Application (2018-2023)
4.3.2 Europe PBT Compound Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific PBT Compound Sales Breakdown by Application (2018-2023)
4.3.4 Latin America PBT Compound Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa PBT Compound Sales Breakdown by Application (2018-2023)
5 North America PBT Compound by Country
5.1 North America PBT Compound Historic Market Size by Country
5.1.1 North America PBT Compound Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America PBT Compound Sales in Volume by Country (2018-2023)
5.1.3 North America PBT Compound Sales in Value by Country (2018-2023)
5.2 North America PBT Compound Forecasted Market Size by Country
5.2.1 North America PBT Compound Sales in Volume by Country (2024-2029)
5.2.2 North America PBT Compound Sales in Value by Country (2024-2029)
6 Europe PBT Compound by Country
6.1 Europe PBT Compound Historic Market Size by Country
6.1.1 Europe PBT Compound Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe PBT Compound Sales in Volume by Country (2018-2023)
6.1.3 Europe PBT Compound Sales in Value by Country (2018-2023)
6.2 Europe PBT Compound Forecasted Market Size by Country
6.2.1 Europe PBT Compound Sales in Volume by Country (2024-2029)
6.2.2 Europe PBT Compound Sales in Value by Country (2024-2029)
7 Asia-Pacific PBT Compound by Region
7.1 Asia-Pacific PBT Compound Historic Market Size by Region
7.1.1 Asia-Pacific PBT Compound Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific PBT Compound Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific PBT Compound Sales in Value by Region (2018-2023)
7.2 Asia-Pacific PBT Compound Forecasted Market Size by Region
7.2.1 Asia-Pacific PBT Compound Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific PBT Compound Sales in Value by Region (2024-2029)
8 Latin America PBT Compound by Country
8.1 Latin America PBT Compound Historic Market Size by Country
8.1.1 Latin America PBT Compound Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America PBT Compound Sales in Volume by Country (2018-2023)
8.1.3 Latin America PBT Compound Sales in Value by Country (2018-2023)
8.2 Latin America PBT Compound Forecasted Market Size by Country
8.2.1 Latin America PBT Compound Sales in Volume by Country (2024-2029)
8.2.2 Latin America PBT Compound Sales in Value by Country (2024-2029)
9 Middle East and Africa PBT Compound by Country
9.1 Middle East and Africa PBT Compound Historic Market Size by Country
9.1.1 Middle East and Africa PBT Compound Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa PBT Compound Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa PBT Compound Sales in Value by Country (2018-2023)
9.2 Middle East and Africa PBT Compound Forecasted Market Size by Country
9.2.1 Middle East and Africa PBT Compound Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa PBT Compound Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF PBT Compound Products Offered
10.1.5 BASF Recent Development
10.2 Changchun
10.2.1 Changchun Company Information
10.2.2 Changchun Introduction and Business Overview
10.2.3 Changchun PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Changchun PBT Compound Products Offered
10.2.5 Changchun Recent Development
10.3 Lanxess
10.3.1 Lanxess Company Information
10.3.2 Lanxess Introduction and Business Overview
10.3.3 Lanxess PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Lanxess PBT Compound Products Offered
10.3.5 Lanxess Recent Development
10.4 Sabic
10.4.1 Sabic Company Information
10.4.2 Sabic Introduction and Business Overview
10.4.3 Sabic PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Sabic PBT Compound Products Offered
10.4.5 Sabic Recent Development
10.5 Shinkong
10.5.1 Shinkong Company Information
10.5.2 Shinkong Introduction and Business Overview
10.5.3 Shinkong PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Shinkong PBT Compound Products Offered
10.5.5 Shinkong Recent Development
10.6 DuPont
10.6.1 DuPont Company Information
10.6.2 DuPont Introduction and Business Overview
10.6.3 DuPont PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.6.4 DuPont PBT Compound Products Offered
10.6.5 DuPont Recent Development
10.7 DSM
10.7.1 DSM Company Information
10.7.2 DSM Introduction and Business Overview
10.7.3 DSM PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.7.4 DSM PBT Compound Products Offered
10.7.5 DSM Recent Development
10.8 Mitsubishi
10.8.1 Mitsubishi Company Information
10.8.2 Mitsubishi Introduction and Business Overview
10.8.3 Mitsubishi PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Mitsubishi PBT Compound Products Offered
10.8.5 Mitsubishi Recent Development
10.9 Ticona (Celanese)
10.9.1 Ticona (Celanese) Company Information
10.9.2 Ticona (Celanese) Introduction and Business Overview
10.9.3 Ticona (Celanese) PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ticona (Celanese) PBT Compound Products Offered
10.9.5 Ticona (Celanese) Recent Development
10.10 WinTech (Polyplastics,Teijin)
10.10.1 WinTech (Polyplastics,Teijin) Company Information
10.10.2 WinTech (Polyplastics,Teijin) Introduction and Business Overview
10.10.3 WinTech (Polyplastics,Teijin) PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.10.4 WinTech (Polyplastics,Teijin) PBT Compound Products Offered
10.10.5 WinTech (Polyplastics,Teijin) Recent Development
10.11 Kolon
10.11.1 Kolon Company Information
10.11.2 Kolon Introduction and Business Overview
10.11.3 Kolon PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kolon PBT Compound Products Offered
10.11.5 Kolon Recent Development
10.12 Toray
10.12.1 Toray Company Information
10.12.2 Toray Introduction and Business Overview
10.12.3 Toray PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Toray PBT Compound Products Offered
10.12.5 Toray Recent Development
10.13 Jiangsu Sanfangxiang Group
10.13.1 Jiangsu Sanfangxiang Group Company Information
10.13.2 Jiangsu Sanfangxiang Group Introduction and Business Overview
10.13.3 Jiangsu Sanfangxiang Group PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jiangsu Sanfangxiang Group PBT Compound Products Offered
10.13.5 Jiangsu Sanfangxiang Group Recent Development
10.14 BlueStar
10.14.1 BlueStar Company Information
10.14.2 BlueStar Introduction and Business Overview
10.14.3 BlueStar PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.14.4 BlueStar PBT Compound Products Offered
10.14.5 BlueStar Recent Development
10.15 LG Chem
10.15.1 LG Chem Company Information
10.15.2 LG Chem Introduction and Business Overview
10.15.3 LG Chem PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.15.4 LG Chem PBT Compound Products Offered
10.15.5 LG Chem Recent Development
10.16 Nan Ya
10.16.1 Nan Ya Company Information
10.16.2 Nan Ya Introduction and Business Overview
10.16.3 Nan Ya PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Nan Ya PBT Compound Products Offered
10.16.5 Nan Ya Recent Development
10.17 Evonik
10.17.1 Evonik Company Information
10.17.2 Evonik Introduction and Business Overview
10.17.3 Evonik PBT Compound Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Evonik PBT Compound Products Offered
10.17.5 Evonik Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 PBT Compound Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 PBT Compound Industrial Chain Analysis
11.4 PBT Compound Market Dynamics
11.4.1 PBT Compound Industry Trends
11.4.2 PBT Compound Market Drivers
11.4.3 PBT Compound Market Challenges
11.4.4 PBT Compound Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 PBT Compound Distributors
12.3 PBT Compound Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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