Market Overview:
The global biodegradable polybutylene adipate terephthalate market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for environmentally friendly and biodegradable plastics. In addition, the growing awareness about the benefits of using biodegradable plastics is also contributing to the growth of this market. The global biodegradable polybutylene adipate terephthalate market can be segmented on the basis of type and application. On the basis of type, it can be divided into low-crystallinity and high-crystallinity types. Low-crystallinity polybutylene adipate terephthalates are easier to process and have better mechanical properties as compared to high-crystallinity types. However, they are less stable than high-crystallinity types and degrade more quickly under environmental conditions. On the basis of application, it can be classified into agriculture, packaging, textile, biomedical polymer material and others segments. Agriculture is one of key applications for these plastics as they offer an ecofriendly alternative for traditional agricultural films such as low density polyethylene (LDPE) or linear low density polyethylene (LLDPE).
Product Definition:
A biodegradable polybutylene adipate terephthalate is a type of bioplastic that can be broken down by microorganisms into usable carbon dioxide and water. This makes it a more environmentally friendly option than traditional plastics, which can take centuries to decompose. Biodegradable polybutylene adipate terephthalates are often used for packaging or in products that will come into contact with soil or water.
Low-Crystallinity:
Low-crystallinity is a property of polybutylene adipate terephthalate (PBAT) resin that allows it to be easily processed by injection molding, extrusion and blow molding. It also helps in achieving higher productivity with less raw material wastage. Low-crystallinity polybutyraldehyde terephthalate (LCPBT) has been developed as an alternative to high-crystallinity PBT for use in the automotive industry.
High-Crystallinity:
High-crystallinity is a property of polybutylene adipate terephthalate (PBAT) that allows it to be stored at room temperature without the need for refrigeration. This results in cost and energy saving, which is expected to drive the global market over the forecast period.
Polybutylene adipate terephthalate has been gaining importance as an alternative plastic material due to its biodegradable properties.
Application Insights:
The packaging application segment led the global biodegradable polybutylene adipate ¢â‚¬Å“BPA¢â‚¬ market and accounted for more than 35.0% of the total revenue in 2017. The rising demand for sustainable packaging solutions across various industries, including food & beverage, healthcare, personal care and cosmetics is expected to drive growth over the forecast period.
Growing awareness among consumers regarding product safety coupled with increasing pressure on manufacturers to reduce their carbon footprints is driving demand from bio-based polymers such as BPA. Furthermore, growing focus on reducing plastic usage in various end-use industries globally will further propel market growth over the coming years.
Biomedical applications are anticipated to witness significant gains owing to rising geriatric population across countries worldwide that requires constant medical monitoring.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to rising disposable income, increasing population, rapid urbanization, and growing demand for consumer goods. China is one of the largest producers as well as consumers of biodegradable polybutylene adipate terephthalate in this region owing to easy availability of raw materials coupled with cheap labor cost.
The Asia Pacific has witnessed a significant rise in agricultural activities due to favorable weather conditions such as ample rainfall which resulted into increased production output from various agriculture-based industries such as horticulture & floriculture and aquaculture. This trend is projected to have a positive impact on product demand over next eight years.
Growth Factors:
- Increasing demand from end-use industries such as packaging, automotive and construction sectors
- Rising awareness about the benefits of biodegradable polybutylene adipate terephthalate over traditional plastics
- Growing research and development activities for improving the properties of biodegradable polybutylene adipate terephthalate
- Technological advancements in manufacturing processes of biodegradable polybutylene adipate terephthalate
- Rising environmental concerns among consumers regarding disposal of traditional plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Polybutylene Adipate Terephthalate Market Research Report
By Type
Low-Crystallinity, High-Crystallinity
By Application
Agriculture, Packaging, Textile, Biomedical Polymer Material, Others
By Companies
BASF, Dow, Novamont, Plantic, Natureworks, Corbion, Biome Technologies, Mitsubishi Chemical Holdings, Eastman Chemical Company, Danimer Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Polybutylene Adipate Terephthalate Market Report Segments:
The global Biodegradable Polybutylene Adipate Terephthalate market is segmented on the basis of:
Types
Low-Crystallinity, High-Crystallinity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Packaging, Textile, Biomedical Polymer Material, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Dow
- Novamont
- Plantic
- Natureworks
- Corbion
- Biome Technologies
- Mitsubishi Chemical Holdings
- Eastman Chemical Company
- Danimer Scientific
Highlights of The Biodegradable Polybutylene Adipate Terephthalate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low-Crystallinity
- High-Crystallinity
- By Application:
- Agriculture
- Packaging
- Textile
- Biomedical Polymer Material
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biodegradable Polybutylene Adipate Terephthalate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biodegradable Polybutylene Adipate Terephthalate is a biodegradable plastic made from butylene adipate and terephthalic acid. It has the potential to be recycled multiple times, making it an environmentally friendly option for products that need to last long periods of time.
Some of the major players in the biodegradable polybutylene adipate terephthalate market are BASF, Dow, Novamont, Plantic, Natureworks, Corbion, Biome Technologies, Mitsubishi Chemical Holdings, Eastman Chemical Company, Danimer Scientific.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Polybutylene Adipate Terephthalate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Biodegradable Polybutylene Adipate Terephthalate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Biodegradable Polybutylene Adipate Terephthalate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Biodegradable Polybutylene Adipate Terephthalate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Biodegradable Polybutylene Adipate Terephthalate Market Size & Forecast, 2020-2028 4.5.1 Biodegradable Polybutylene Adipate Terephthalate Market Size and Y-o-Y Growth 4.5.2 Biodegradable Polybutylene Adipate Terephthalate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Low-Crystallinity
5.2.2 High-Crystallinity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Packaging
6.2.3 Textile
6.2.4 Biomedical Polymer Material
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Polybutylene Adipate Terephthalate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biodegradable Polybutylene Adipate Terephthalate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Low-Crystallinity
9.6.2 High-Crystallinity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Packaging
9.10.3 Textile
9.10.4 Biomedical Polymer Material
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Low-Crystallinity
10.6.2 High-Crystallinity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Packaging
10.10.3 Textile
10.10.4 Biomedical Polymer Material
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Low-Crystallinity
11.6.2 High-Crystallinity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Packaging
11.10.3 Textile
11.10.4 Biomedical Polymer Material
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Low-Crystallinity
12.6.2 High-Crystallinity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Packaging
12.10.3 Textile
12.10.4 Biomedical Polymer Material
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Low-Crystallinity
13.6.2 High-Crystallinity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Packaging
13.10.3 Textile
13.10.4 Biomedical Polymer Material
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biodegradable Polybutylene Adipate Terephthalate Market: Competitive Dashboard
14.2 Global Biodegradable Polybutylene Adipate Terephthalate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Dow
14.3.3 Novamont
14.3.4 Plantic
14.3.5 Natureworks
14.3.6 Corbion
14.3.7 Biome Technologies
14.3.8 Mitsubishi Chemical Holdings
14.3.9 Eastman Chemical Company
14.3.10 Danimer Scientific