Polybutylene Adipate Terephthalate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for polybutylene adipate terephthalate (PBAT). The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global polybutylene adipate terephthalate market from 2025 to 2032.

Key Insights:

Polybutylene Adipate Terephthalate Market Size (2025E): USD 1,522.8 Million
Projected Market Value (2032F): USD 2,819.7 Million
Global Market Growth Rate (CAGR 2025 to 2032): 9.2%

Polybutylene Adipate Terephthalate Market - Report Scope:

Polybutylene adipate terephthalate (PBAT) is a biodegradable, flexible, and compostable copolyester extensively used in packaging, agriculture, and consumer goods applications. Known for its high flexibility, tear resistance, and biodegradability, PBAT is increasingly adopted as a sustainable alternative to conventional plastics. The PBAT market caters to industries focused on reducing environmental footprints by replacing single-use plastics with eco-friendly materials. Market growth is driven by rising demand for biodegradable plastics, government regulations promoting sustainable materials, and increasing consumer awareness regarding environmental conservation.

Market Growth Drivers:

The global PBAT market is propelled by the escalating demand for environmentally friendly and biodegradable plastics, particularly in packaging and agricultural applications. Stringent regulations banning single-use plastics across several countries have accelerated the shift toward biodegradable alternatives, fueling PBAT adoption. Additionally, growing environmental concerns among consumers and corporations have driven the development of sustainable packaging solutions. Technological advancements enabling cost-effective PBAT production and improvements in mechanical properties, such as better thermal stability and tensile strength, further enhance market growth. Collaboration between raw material suppliers and end-product manufacturers continues to expand PBAT's application scope across diverse industries.

Market Restraints:

Despite favorable growth prospects, the PBAT market faces challenges such as high production costs compared to conventional plastics like polyethylene and polypropylene. Limited production capacity and dependency on fossil-based raw materials also restrain market expansion. Furthermore, lack of widespread industrial composting infrastructure, especially in developing countries, restricts the effective disposal and degradation of PBAT products. Consumer misconceptions about the performance and durability of biodegradable plastics may also hinder market penetration. Addressing these cost, infrastructure, and perception challenges is essential to achieving broader adoption and maximizing the environmental benefits of PBAT.

Market Opportunities:

The PBAT market presents significant opportunities driven by technological innovation and expanding end-use applications. Increasing investments in research and development aimed at producing bio-based PBAT using renewable resources could lower production costs and reduce reliance on fossil fuels, making PBAT more competitive with traditional plastics. Rising demand for biodegradable mulch films, compostable bags, and flexible packaging in emerging markets provides lucrative growth prospects. Strategic partnerships between governments, private players, and environmental organizations can accelerate compostable plastic adoption through education and infrastructure development. Furthermore, advancements in blending PBAT with other biopolymers such as PLA (polylactic acid) enhance its performance, broadening its appeal across multiple sectors.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the polybutylene adipate terephthalate market globally?
Which applications are driving PBAT adoption across different industries?
How are technological advancements in materials science impacting the development of PBAT products?
Who are the key players contributing to the PBAT market, and what strategies are they employing to maintain competitiveness?
What are the emerging trends and future prospects in the global PBAT market?

Competitive Intelligence and Business Strategy:

Leading players in the global PBAT market, including BASF SE, Novamont S.p.A., and JinHui ZhaoLong High Technology Co., Ltd., focus on expanding production capacities, product innovation, and strategic collaborations to strengthen their market positions. These companies invest heavily in R&D to improve the performance attributes of PBAT, enhance biodegradability standards, and lower production costs. Strategic alliances with packaging companies and agricultural film manufacturers facilitate deeper market penetration. Firms are also prioritizing the development of bio-based PBAT variants to meet growing consumer and regulatory demands for sustainable and renewable products. Marketing campaigns focused on environmental benefits and circular economy principles are pivotal in driving consumer acceptance and market growth.

Key Companies Profiled:

BASF SE
Novamont S.p.A
Wileap
Kingfa
Raghav Polymers
Entec Polymers
Easy Flux Polymers Private Limited
Hangzhou Peijin Chemical Co. Ltd
Zhejiang Biodegradable Advanced Material Co. Ltd
Anhui Jumei Biotechnology
Go Yen Chemical Industrial Co., Ltd
Jinhui Zhaolong Advanced Technology Co. Ltd
Mitsui Plastics, Inc
Chang Chun Group

Market Segmentation

By Grade

Extrusion Grade
Thermoforming grade
Misc.

By Application

Packaging
Agriculture
Consumer Goods
Textiles & Fibers
Misc.

By Region

North America
Europe
East Asia
South Asia and Oceania
Latin America
Middle East and Africa

Product Code: PMRREP35233

1. Executive Summary

1.1. Global Polybutylene Adipate Terephthalate Market Snapshot, 2025-2032
1.2. Market Opportunity Assessment, 2025-2032, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Lifecycle Analysis
2.4. Polybutylene Adipate Terephthalate Market: Value Chain
- 2.4.1. List of Grade Suppliers
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. Profitability Analysis
2.5. Forecast Factors - Relevance and Impact
2.6. Covid-19 Impact Assessment
2.7. PESTLE Analysis
2.8. Porter Five Force's Analysis
2.9. Geopolitical Tensions: Market Impact
2.10. Regulatory and Application Landscape

3. Macro-Economic Factors

3.1. Global Sectorial Outlook
3.2. Global GDP Growth Outlook
3.3. Global Parent Market Overview

4. Price Trend Analysis, 2019-2032

4.1. Key Highlights
4.2. Key Factors Impacting Product Prices
4.3. Prices By Grade /Composition/Application
4.4. Regional Prices and Product Preferences

5. Global Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

5.1. Key Highlights
- 5.1.1. Market Size and Y-o-Y Growth
- 5.1.2. Absolute $ Opportunity
5.2. Market Size (US$ Mn) Analysis and Forecast
- 5.2.1. Historical Market Size Analysis, 2019-2024
- 5.2.2. Current Market Size Forecast, 2025-2032
5.3. Global Polybutylene Adipate Terephthalate Market Outlook: Grade
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Grade, 2019-2024
- 5.3.3. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade, 2025-2032
  - 5.3.3.1. Extrusion Grade
  - 5.3.3.2. Thermoforming grade
  - 5.3.3.3. Misc.
5.4. Market Attractiveness Analysis: Grade
5.5. Global Polybutylene Adipate Terephthalate Market Outlook: Application
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Application, 2019-2024
- 5.5.3. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application, 2025-2032
  - 5.5.3.1. Packaging
  - 5.5.3.2. Agriculture
  - 5.5.3.3. Consumer Goods
  - 5.5.3.4. Textiles & Fibers
  - 5.5.3.5. Misc.
5.6. Market Attractiveness Analysis: Application

6. Global Polybutylene Adipate Terephthalate Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Region, 2019-2024
6.3. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Region, 2025-2032
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia and Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 7.3.1. By Country
- 7.3.2. By Grade
- 7.3.3. By Application
7.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 7.4.1. U.S.
- 7.4.2. Canada
7.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 7.5.1. Extrusion Grade
- 7.5.2. Thermoforming grade
- 7.5.3. Misc.
7.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 7.6.1. Packaging
- 7.6.2. Agriculture
- 7.6.3. Consumer Goods
- 7.6.4. Textiles & Fibers
- 7.6.5. Misc.
7.7. Market Attractiveness Analysis

8. Europe Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 8.3.1. By Country
- 8.3.2. By Grade
- 8.3.3. By Application
8.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 8.4.1. Germany
- 8.4.2. France
- 8.4.3. U.K.
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
8.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 8.5.1. Extrusion Grade
- 8.5.2. Thermoforming grade
- 8.5.3. Misc.
8.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 8.6.1. Packaging
- 8.6.2. Agriculture
- 8.6.3. Consumer Goods
- 8.6.4. Textiles & Fibers
- 8.6.5. Misc.
8.7. Market Attractiveness Analysis

9. East Asia Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 9.3.1. By Country
- 9.3.2. By Grade
- 9.3.3. By Application
9.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. South Korea
9.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 9.5.1. Extrusion Grade
- 9.5.2. Thermoforming grade
- 9.5.3. Misc.
9.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 9.6.1. Packaging
- 9.6.2. Agriculture
- 9.6.3. Consumer Goods
- 9.6.4. Textiles & Fibers
- 9.6.5. Misc.
9.7. Market Attractiveness Analysis

10. South Asia & Oceania Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 10.3.1. By Country
- 10.3.2. By Grade
- 10.3.3. By Application
10.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 10.4.1. India
- 10.4.2. Southeast Asia
- 10.4.3. ANZ
- 10.4.4. Rest of South Asia & Oceania
10.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 10.5.1. Extrusion Grade
- 10.5.2. Thermoforming grade
- 10.5.3. Misc.
10.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 10.6.1. Packaging
- 10.6.2. Agriculture
- 10.6.3. Consumer Goods
- 10.6.4. Textiles & Fibers
- 10.6.5. Misc.
10.7. Market Attractiveness Analysis

11. Latin America Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 11.3.1. By Country
- 11.3.2. By Grade
- 11.3.3. By Application
11.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 11.4.1. Brazil
- 11.4.2. Mexico
- 11.4.3. Rest of Latin America
11.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 11.5.1. Extrusion Grade
- 11.5.2. Thermoforming grade
- 11.5.3. Misc.
11.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 11.6.1. Packaging
- 11.6.2. Agriculture
- 11.6.3. Consumer Goods
- 11.6.4. Textiles & Fibers
- 11.6.5. Misc.
11.7. Market Attractiveness Analysis

12. Middle East & Africa Polybutylene Adipate Terephthalate Market Outlook: Historical (2019-2024) and Forecast (2025-2032)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Market, 2019-2024
- 12.3.1. By Country
- 12.3.2. By Grade
- 12.3.3. By Application
12.4. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Country, 2025-2032
- 12.4.1. GCC
- 12.4.2. South Africa
- 12.4.3. Northern Africa
- 12.4.4. Rest of Middle East & Africa
12.5. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Grade , 2025-2032
- 12.5.1. Extrusion Grade
- 12.5.2. Thermoforming grade
- 12.5.3. Misc.
12.6. Current Market Size (US$ Mn) and Volume (Tons) Forecast By Application , 2025-2032
- 12.6.1. Packaging
- 12.6.2. Agriculture
- 12.6.3. Consumer Goods
- 12.6.4. Textiles & Fibers
- 12.6.5. Misc.
12.7. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2025
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
- 13.2.3. Apparent Production Capacity
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. BASF SE
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Products
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Novamont S.p.A
- 13.3.3. Wileap
- 13.3.4. Kingfa
- 13.3.5. Raghav Polymers
- 13.3.6. Entec Polymers
- 13.3.7. Easy Flux Polymers Private Limited
- 13.3.8. Hangzhou Peijin Chemical Co. Ltd
- 13.3.9. Zhejiang Biodegradable Advanced Material Co. Ltd
- 13.3.10. Anhui Jumei Biotechnology
- 13.3.11. Go Yen Chemical Industrial Co., Ltd
- 13.3.12. Jinhui Zhaolong Advanced Technology Co. Ltd
- 13.3.13. Mitsui Plastics, Inc
- 13.3.14. Chang Chun Group

Note: List of companies is not exhaustive in nature. It is subject to further augmentation during course of research

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

Polybutylene Adipate Terephthalate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032