Polybutylene Adipate Terephthalate Market Report: Trends, Forecast and Competitive Analysis to 2030

Polybutylene Adipate Terephthalate Trends and Forecast

The future of the global polybutylene adipate terephthalate market looks promising with opportunities in the packaging, consumer good, agriculture, and bio-medical markets. The global polybutylene adipate terephthalate market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are growing usage of biodegradable applications and packaging, consumer preferences are shifting in favor of bio-based plastics, and policy and regulation focused on green procurement by the government.

A more than 150-page report is developed to help in your business decisions.

Polybutylene Adipate Terephthalate by Segment

The study includes a forecast for the global polybutylene adipate terephthalate by grade, application, end use, and region.

Polybutylene Adipate Terephthalate Market by Grade [Shipment Analysis by Value from 2018 to 2030]:

• Extrusion Grade
• Thermoforming Grade
• Others

Polybutylene Adipate Terephthalate Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Films, Sheets & Bin Liners
• Coatings & Adhesives
• Molded Products
• Fibers
• Others

Polybutylene Adipate Terephthalate Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Packaging
• Consumer Goods
• Agriculture
• Bio-Medical
• Other

Polybutylene Adipate Terephthalate Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polybutylene Adipate Terephthalate Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polybutylene adipate terephthalate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polybutylene adipate terephthalate companies profiled in this report include-

• BASF
• Novamont
• Willeap
• Kingfa
• Hangzhou Peijin Chemical
• Zhejiang Biodegradable Advanced Material
• Anhui Jumei Biotechnology
• Go Yen Chemical
• Jinhui Zhaolong Advanced Technology
• Mitsui Plastics

Polybutylene Adipate Terephthalate Market Insights

Lucintel forecasts that films, sheets & bin liners is expected to witness the highest growth over the forecast period due to its excellent stretchability, flexibility, and processability, as well as, it is utilized in the film industry.

APAC is expected to witness highest growth over the forecast period due to quick urbanization, a sizable consumer base, growing consciousness of sustainability and biodegradable products, and government programs to support PBAT products in the region.

Features of the Global Polybutylene Adipate Terephthalate Market

Market Size Estimates: Polybutylene adipate terephthalate market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polybutylene adipate terephthalate market size by grade, application, end use, and region in terms of value ($B).

Regional Analysis: Polybutylene adipate terephthalate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different grade, application, end use, and regions for the polybutylene adipate terephthalate market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polybutylene adipate terephthalate market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the polybutylene adipate terephthalate market size?

Answer: The global polybutylene adipate terephthalate market is expected to reach an estimated $2.8 billion by 2030.

Q2. What is the growth forecast for polybutylene adipate terephthalate market?

Answer: The global polybutylene adipate terephthalate market is expected to grow with a CAGR of 8.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the polybutylene adipate terephthalate market?

Answer: The major drivers for this market are growing usage of biodegradable applications and packaging, consumer preferences are shifting in favor of bio-based plastics, and policy and regulation focused on green procurement by the government.

Q4. What are the major segments for polybutylene adipate terephthalate market?

Answer: The future of the global polybutylene adipate terephthalate market looks promising with opportunities in the packaging, consumer good, agriculture, and bio-medical markets.

Q5. Who are the key polybutylene adipate terephthalate market companies?

Answer: Some of the key polybutylene adipate terephthalate companies are as follows:

• BASF
• Novamont
• Willeap
• Kingfa
• Hangzhou Peijin Chemical
• Zhejiang Biodegradable Advanced Material
• Anhui Jumei Biotechnology
• Go Yen Chemical
• Jinhui Zhaolong Advanced Technology
• Mitsui Plastics

Q6. Which polybutylene adipate terephthalate market segment will be the largest in future?

Answer: Lucintel forecasts that films, sheets & bin liners is expected to witness the highest growth over the forecast period due to its excellent stretchability, flexibility, and processability, as well as, it is utilized in the film industry.

Q7. In polybutylene adipate terephthalate market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to quick urbanization, a sizable consumer base, growing consciousness of sustainability and biodegradable products, and government programs to support PBAT products in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polybutylene adipate terephthalate market by grade (extrusion grade, thermoforming grade, and others), application (films, sheets & bin liners, coatings & adhesives, molded products, fibers, and others), end use (packaging, consumer goods, agriculture, bio-medical, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?