Market Overview:
The global poly adipate/butylene terephthalate (PABT) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The food grade segment is projected to be the fastest growing segment in the global PABT market, by type, during the forecast period. The packaging application segment is estimated to account for a major share of the global PABT market in 2018. Asia Pacific accounted for a major share of the global PABT market in 2017 and is projected to maintain its dominance during the forecast period.
 Industry Outlook.svg)
Product Definition:
Poly adipate/butylene terephthalate (PABT) is a thermoplastic material used in the manufacture of various products, including food containers, medical devices, and automotive parts. PABT is tough, yet flexible; resistant to cracking and breaking; and has a high melting point. It also has good gas barrier properties, which makes it suitable for use in packaging applications that require protection from oxygen or other gases.
Industrial Grade:
Industrial grade is a high purity form of polyester resin. It has applications in various industries including automotive, construction, electrical & electronics and textile industries. Industrial grade resins are used to manufacture films, coatings and fibers which find application in the above stated industries owing to their superior properties as compared to other grades available in the market.
The global industrial-grade market size was estimated at USD 1.10 billion in 2016.
Food Grade:
Food grade is the term used for crude oil-based polymers. It is a type of synthetic polymer and can be produced from any vegetable or animal based raw material. Food grade polymers are widely utilized in food & beverage packaging applications owing to their excellent barrier properties, low moisture vapor transmission rate (MVTR), and high heat stability among others.
Application Insights:
Packaging emerged as the leading application segment and accounted for over 50% of the global demand in 2016. Poly adipate is used to produce packaging products such as food containers, beverage bottles, household cleaners and cosmetics packaging. Growing demand for sustainable packaging coupled with growing concerns regarding the environment has driven PABT consumption in this sector.
Asia Pacific will witness a rapid growth owing to rising disposable income coupled with increasing spending on luxury goods by Chinese consumers. Moreover, emerging economies such as India are expected to witness high growth on account of increasing consumer purchasing power along with rising per capita consumption of packaged foods & beverages which further supports market growth in Asia Pacific region.
Poly adipate is also widely used across several agriculture & fishery applications including fertilizer bags, food pouches and film wraps among others due to its properties such as water-resistance.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries such as packaging, consumer goods, and coatings. China is one of the largest producers of poly adipate resins in this region owing to easy availability of raw materials coupled with cheap labor cost.
The Asia Pacific market was followed by Europe which accounted for a revenue share of more than 20% in 2017 on account that majority share held by Germany has been growing at an exponential rate due to increasing demand from automotive industry for interior & exterior applications along with other consumer goods including medical equipment & containers among others. North America emerged as the third major regional segment accounting for 17%of total revenue share in 2017 on account that U.S.
Growth Factors:
- Increasing demand from packaging and automotive industries: PABT is used in the production of various types of packaging materials and components for automobiles. This is expected to drive the growth of the PABT market in the coming years.
- Rising demand for lightweight materials: With stringent regulations being imposed on carbon emissions, there is a growing demand for lightweight materials that can help reduce fuel consumption. PABT meets this requirement and is hence expected to witness high growth rates in the near future.
- Growing popularity of biodegradable plastics: There is an increasing trend towards using environmentally friendly plastics, such as those made from renewable resources or capable of being biodegraded easily. PABT meets both these criteria and is hence likely to gain popularity in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly Adipate/Butylene Terephthalate (PABT) Market Research Report
By Type
Industrial Grade, Food Grade
By Application
Packaging, Agriculture & Fishery, Consumer Goods, Coatings
By Companies
Novamont, Eastman, Jinhui Zhaolong High Technology, BASF, SK, Far Eastern New Century Corporation, Lotte Fine Chemical, WILLEAP, Jiangsu Torise biomaterials
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Poly Adipate/Butylene Terephthalate (PABT) Market Report Segments:
The global Poly Adipate/Butylene Terephthalate (PABT) market is segmented on the basis of:
Types
Industrial Grade, Food Grade
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
Packaging, Agriculture & Fishery, Consumer Goods, Coatings
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:
- Novamont
- Eastman
- Jinhui Zhaolong High Technology
- BASF
- SK
- Far Eastern New Century Corporation
- Lotte Fine Chemical
- WILLEAP
- Jiangsu Torise biomaterials
 Market Overview.svg)
Highlights of The Poly Adipate/Butylene Terephthalate (PABT) 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:
- Industrial Grade
- Food Grade
- By Application:
- Packaging
- Agriculture & Fishery
- Consumer Goods
- Coatings
- 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 Poly Adipate/Butylene Terephthalate (PABT) 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Poly adipate/butylene terephthalate (PABT) is a type of thermoplastic polymer. It is a white, odorless material that can be used to make products such as bottles, containers, and sheets. PABT is often used in products that need to be lightweight and resistant to heat and water.
Some of the major players in the poly adipate/butylene terephthalate (pabt) market are Novamont, Eastman, Jinhui Zhaolong High Technology, BASF, SK, Far Eastern New Century Corporation, Lotte Fine Chemical, WILLEAP, Jiangsu Torise biomaterials.
The poly adipate/butylene terephthalate (pabt) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Poly Adipate/Butylene Terephthalate (PABT) 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 Poly Adipate/Butylene Terephthalate (PABT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Poly Adipate/Butylene Terephthalate (PABT) 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 Poly Adipate/Butylene Terephthalate (PABT) 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 Poly Adipate/Butylene Terephthalate (PABT) Market Size & Forecast, 2020-2028
4.5.1 Poly Adipate/Butylene Terephthalate (PABT) Market Size and Y-o-Y Growth
4.5.2 Poly Adipate/Butylene Terephthalate (PABT) 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 Industrial Grade
5.2.2 Food Grade
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 Packaging
6.2.2 Agriculture & Fishery
6.2.3 Consumer Goods
6.2.4 Coatings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Poly Adipate/Butylene Terephthalate (PABT) 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 Poly Adipate/Butylene Terephthalate (PABT) 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 Industrial Grade
9.6.2 Food Grade
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 Packaging
9.10.2 Agriculture & Fishery
9.10.3 Consumer Goods
9.10.4 Coatings
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 Industrial Grade
10.6.2 Food Grade
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 Packaging
10.10.2 Agriculture & Fishery
10.10.3 Consumer Goods
10.10.4 Coatings
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 Industrial Grade
11.6.2 Food Grade
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 Packaging
11.10.2 Agriculture & Fishery
11.10.3 Consumer Goods
11.10.4 Coatings
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 Industrial Grade
12.6.2 Food Grade
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 Packaging
12.10.2 Agriculture & Fishery
12.10.3 Consumer Goods
12.10.4 Coatings
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 Industrial Grade
13.6.2 Food Grade
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 Packaging
13.10.2 Agriculture & Fishery
13.10.3 Consumer Goods
13.10.4 Coatings
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 Poly Adipate/Butylene Terephthalate (PABT) Market: Competitive Dashboard
14.2 Global Poly Adipate/Butylene Terephthalate (PABT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novamont
14.3.2 Eastman
14.3.3 Jinhui Zhaolong High Technology
14.3.4 BASF
14.3.5 SK
14.3.6 Far Eastern New Century Corporation
14.3.7 Lotte Fine Chemical
14.3.8 WILLEAP
14.3.9 Jiangsu Torise biomaterials
