Market Overview:
The global Poly (Butylene Adipate-Co-Terephthalate) (PBAT) market is expected to register a CAGR of 5.5% during the forecast period, 2018–2030. The food grade segment is projected to grow at a higher CAGR as compared to the industrial grade segment, owing to the increasing demand for PBAT in food packaging applications. Asia Pacific is estimated to be the fastest growing region in terms of revenue, followed by Europe and North America.
 (PBAT) Industry Outlook.svg)
Product Definition:
Poly (Butylene Adipate-Co-Terephthalate) is a copolyester of butylene adipate and terephthalic acid. It has good resistance to solvents, oils, and fuels. It is also used as a modifier in thermoplastic polyesters to improve impact strength and heat resistance.
Industrial Grade:
Industrial grade is a high-performance elastomer that possesses properties such as low water absorption, excellent chemical resistance, and good processability. It also has a higher glass transition temperature (Tg) as compared to standard polybutylene terephthalate (PBT). Industrial grade PBAT exhibits superior physical properties such as toughness and dimensional stability at room temperature which makes it suitable for applications requiring impact resistance.
Food Grade:
Food grade is the standard used for classifying edible products. It is a type of grade that finds its major application in food & beverage industry. Food-grade poly (butylene adipate-co-terephthalate) has been used as an alternative to Poly (vinylidene chloride) in ice cream and frozen dairy product applications on account of being more environmentally friendly and suitable for human consumption.
Application Insights:
Packaging emerged as the leading application segment and accounted for over 50% of the global market in terms of revenue in 2017. Poly (butylene adipate-co-terephthalate) is used to produce bottles, particularly carbonated beverages such as soda and beer, which are then sold through retail stores or directly to consumers. The packaging industry has witnessed significant growth owing to rising consumerism in developing countries including China, India & Brazil. Moreover, increasing disposable income levels coupled with changing consumption patterns among consumers are expected to drive demand for packaged food products which will further fuel poly (butylene adipate-co-terephthalate) demand from 2018 to 2030.
Agriculture & fishery was another prominent application segment accounting for over 10% of global market volume share in 2017 due largely to its use as a coating material on seeds and fertilizers that are applied directly onto soil or into water bodies respectively.
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 region can be attributed to rising product demand from end-use industries such as packaging, coatings, consumer goods, and agriculture & fishery. China is one of the largest producers and consumers of poly (butylene adipate-co-terephthalate) in Asia Pacific owing to easy availability of raw materials coupled with cheap labor costs.
The growing population coupled with increasing disposable income has led to a rise in demand for packaged food products which will further drive Poly (Butylene Adipate-Co-Terephthalate) market growth over the forecast period.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles
- Growing demand for packaging materials that can preserve food products over a long period of time
- Rising popularity of polyester fabrics as a replacement for traditional cotton fabrics
- Increasing use of PBAT in medical implants and other biomedical applications
- Growing awareness about the environmental benefits offered by PBAT compared to other plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Market Report Segments:
The global Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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
 (PBAT) Market Overview.svg)
Highlights of The Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) 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
 (PBAT) 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 (butylene adipate-co-terephthalate) is a thermoplastic elastomer that is used in the manufacture of various products, including automotive parts and consumer goods.
Some of the major companies in the poly (butylene adipate-co-terephthalate) (pbat) market are Novamont, Eastman, Jinhui Zhaolong High Technology, BASF, SK, Far Eastern New Century Corporation, Lotte Fine Chemical, WILLEAP, Jiangsu Torise biomaterials.
The poly (butylene adipate-co-terephthalate) (pbat) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) Market Size & Forecast, 2018-2028
4.5.1 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Market Size and Y-o-Y Growth
4.5.2 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Market Absolute $ Opportunity
Chapter 5 Global Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Analysis and Forecast
9.1 Introduction
9.2 North America Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Analysis and Forecast
10.1 Introduction
10.2 Europe Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Analysis and Forecast
12.1 Introduction
12.2 Latin America Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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) Poly (Butylene Adipate-Co-Terephthalate) (PBAT) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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) Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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) Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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 (Butylene Adipate-Co-Terephthalate) (PBAT) Market: Competitive Dashboard
14.2 Global Poly (Butylene Adipate-Co-Terephthalate) (PBAT) 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
