Polybutylene Adipate Terephthalate (PBAT) Market Industry Insights, Trends, and Forecasts to 2029

Global Polybutylene Adipate Terephthalate (PBAT) Market was valued at USD 1.2 billion in 2021 and is expected to reach USD 2.4 billion by 2029, registering a CAGR of 9.4% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Industry Analysis

Growing public awareness of the benefits of adopting such environmentally friendly polymers has aided the expansion of the Polybutylene Adipate Terephthalate Market. Furthermore, the manufacturers are largely focusing on important industries such as agriculture for mulch films, packaging and consumer goods. Consequently, these factors have largely contributed to the market's overall growth within forecast timeframe.

Polybutylene adipate terephthalate (PBAT) is a biodegradable material that is a copolymer of adipate acid. It's an elastomeric polymer that's known for its ability to improve mechanical characteristics. PBAT is a very flexible and robust polymer that is used in a variety of applications such as packaging, hygiene goods, biomedical areas, and industrial composting.

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Global Polybutylene Adipate Terephthalate (PBAT) Market Scope

The polybutylene adipate terephthalate (PBAT) market is segmented on the basis of application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application
• Composite Bags
• Cling Films
• Bin Bags
• Medical Clothing

End-User
• Packaging
• Agriculture
• Fishery
• Consumer Goods
• Coatings

Competitive Landscape and Polybutylene Adipate Terephthalate (PBAT) Market Share Analysis

The polybutylene adipate terephthalate (PBAT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polybutylene adipate terephthalate (PBAT) market.

Some of the major players operating in the polybutylene adipate terephthalate (PBAT) market are

• Indorama Ventures Public Company Limited (Thailand)
• Alpek S.A.B. de C.V. (Mexico)
• Jiangsu Sanfangxiang Group Co., Ltd. (China)
• Far Eastern New Century Corporation (Taiwan)
• DAK Americas (U.S.)
• BASF SE (Germany)
• Zhejiang Biodegradable Advanced Material Co. Ltd (China)
• Lubrilog (France)
• ECCO Gleittechnik GmbH (Germany)
• HUSK-ITT Corporation (U.S.)
• Setral Chemie GmbH (Germany)
• IKV Tribology Ltd (Germany)
• Xinhaibio (China)
• Hangzhou Ruijiang Chemical Co., (China)
• WILLEAP (South Korea)

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