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Polybutylene Adipate Terephthalate Market

Polybutylene Adipate Terephthalate Market by Application (Packaging & Bags, Consumer Durables, Agriculture & Horticulture, Textiles, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14246
Pages: 200
Oct 2021 | 208 Views
   
Author(s) : Saurabh Dixit , Eswara Prasad
Tables: 98
Charts: 47
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Polybutylene Adipate Terephthalate Market Outlook - 2021–2030

The global polybutylene adipate terephthalate market size was valued at $1.1 billion in 2020, and is expected to reach $2.7 billion by 2030, registering a CAGR of 8.9% from 2021 to 2030.

The COVID-19 pandemic led to irregular transport that caused a supply chain disruption of raw materials, which hampered the production of polybutylene adipate terephthalate.

Polybutylene adipate terephthalate (PBAT) is copolymer of adipate acid and is a class of biodegradable plastic. It is an elastomeric polymer known for improving mechanical properties. PBAT is highly flexible and tough, used in wide range of applications including packaging materials, hygiene products, biomedical fields, and industrial composting.

Polybutylene-Adipate-Terephthalate-Market-2021-2030

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Demand for PBAT is mainly driven by its adoption as a suitable substitute to low density Polyethylene (LDPE). PBAT shows similar properties of LDPE including flexibility and resilience making it preferable in packaging bags. Some of the basic factors driving the growth for PBAT include favorable government policies toward green procurement, rise in use of biodegradable plastic in packaging, and increase in consumer preference for packaged food. Cling bags used in food packaging, plastic bags used in gardening and agriculture, and water resistance coating adopted in paper cups are manufactured from PBAT due to their zero toxicity and greater biodegradation. Cling bags are majorly in demand due to rise in consumer preference on packaged food, which is ultimately driving the demand for PBAT. However, high production cost and low thermos-mechanical properties of PBAT based plastics restricts the application; thus, negatively affecting the market growth.

The polybutylene adipate terephthalate market is segmented into application, and region. By application, the market is classified into packaging & bags, consumer durables, agriculture & horticulture, textiles, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global market covers in-depth information of the major polybutylene adipate terephthalate industry participants. Some of the major players in the market include Amco Polymer, BASF SE, Chang Chun Group, Cosmos Plastics & Chemicals, Eastman Chemical Company, Far Eastern New Century Corporation, Go Yen Chemical Industrial Co., Ltd., Hangzhou Peijin Chemical Co., Ltd., Jin Hui Zhao Long High-Tech Co., Ltd. and LOTTE Fine Chemical.

Other players operating in the value chain of the global polybutylene adipate terephthalate market are Jiangsu Tories biomaterials co., Ltd., Novamont S.p.A., K.D. Feddersen, Shanxi Junhui Group, Huaian Ruanke Trade Co, Ltd., FillPlas Co. Ltd., and others.

The polybutylene adipate terephthalate market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and market opportunities. The period studied in this report is from 2021 to 2030. The report includes the study of the market with respect to the growth prospects and restraints on the basis of regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Polybutylene adipate terephthalate market, by application

By application, the packaging & bags segment held the largest polybutylene adipate terephthalate market share in 2020. This is attributed to quick decomposition of such plastic bags in a time of 3 to 6 months. In addition, lower carbon footprint compared to petroleum-based plastics makes it a more suitable choice for environment. Moreover, rapid growth of the packaged food & beverages industry in the regions such as Asia-Pacific and Europe are expected to boost the demand for biodegradable plastic products such as polybutylene adipate terephthalate during the analyzed time frame. 

Polybutylene Adipate Terephthalate Market
By Application

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Packaging & Bags is projected as the most lucrative segment.

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Polybutylene adipate terephthalate market, by region

Asia-Pacific garnered highest share in the polybutylene adipate terephthalate market in 2020, in terms of revenue, and is anticipated to maintain its dominance throughout the forecast period. This is attributed to key players and huge consumer base in the region.

Polybutylene Adipate Terephthalate Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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In addition, rise in awareness towards the use of biodegradable plastics along with increase in government policies to promote the use of bioplastics is anticipated to fuel the demand for polybutylene adipate terephthalate in the region during the forecast period. Rapid urbanization and rise in consumer spending toward online shopping and food & beverages in countries such as India, Japan, Australia, South Korea, and China is further projected to propel the growth of the market in the upcoming years.

COVID-19 impact on the market

Lockdowns imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased demand for PBAT and related products from these consumers. This resulted in decline in the market growth in the second, third, and fourth quarters of 2020. However, the polybutylene adipate terephthalate market is expected to recover by the second quarter of 2021 as COVID-19 vaccination has started in various economies across the globe, which is expected to improve the global economy.

Key Benefits For Stakeholders

  • The report provides an extensive qualitative and quantitative analysis of the current polybutylene adipate terephthalate market trends and future estimations of the global market from 2021 to 2030 to determine the prevailing opportunities.
  • A comprehensive polybutylene adipate terephthalate market analysis of the factors that drive and restrict the polybutylene adipate terephthalate market growth is provided.
  • Estimations and polybutylene adipate terephthalate market forecast is based on factors impacting the market growth, in terms of value.
  • Profiles of leading players operating in the polybutylene adipate terephthalate market are provided to understand the global competitive scenario.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable polybutylene adipate terephthalate market growth.

Key Market Segments

By Application

  • Packaging and Bags
  • Consumer Durables
  • Agriculture and Horticulture
  • Textiles
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Value chain analysis
3.4.Top investment pockets
3.5.Patent analysis

3.5.1.By region, 2013–2019

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Eco-friendly nature and rise in consumer adoption of biodegradable plastics
3.6.1.2.Rise in demand for PBAT from packaging applications

3.6.2.Restraint

3.6.2.1.High cost of polybutylene adipate terephthalate (PBAT)

3.6.3.Opportunities

3.6.3.1.Rise in CSR activities and decreasing dependence on petroleum resource
3.6.3.2.Favorable Government Policies towards bioplastic

3.7.Impact of government regulations on the market
3.8.Impact of COVID-19 outbreak on the market

CHAPTER 4:POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION

4.1.Overview

4.1.1.Market size and forecast

4.2.Packaging & bags

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Consumer durables

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Agriculture & horticulture

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

4.5.Textiles

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market share analysis, by country

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market share analysis, by country

CHAPTER 5:POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY REGION

5.1.Overview

5.1.1.Market size and forecast

5.2.North America

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by application
5.2.3.Market share analysis, by country
5.2.4.U.S.

5.2.4.1.Market size and forecast, by application

5.2.5.Canada

5.2.5.1.Market size and forecast, by application

5.2.6.Mexico

5.2.6.1.Market size and forecast, by application

5.3.Europe

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by application
5.3.3.Market share analysis, by country
5.3.4.Germany

5.3.4.1.Market size and forecast, by application

5.3.5.UK

5.3.5.1.Market size and forecast, by application

5.3.6.France

5.3.6.1.Market size and forecast, by application

5.3.7.Spain

5.3.7.1.Market size and forecast, by application

5.3.8.Italy

5.3.8.1.Market size and forecast, by application

5.3.9.Rest of Europe

5.3.9.1.Market size and forecast, by application

5.4.Asia-Pacific

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by application
5.4.3.Market share analysis, by country
5.4.4.China

5.4.4.1.Market size and forecast, by application

5.4.5.Japan

5.4.5.1.Market size and forecast, by application

5.4.6.India

5.4.6.1.Market size and forecast, by application

5.4.7.Australia

5.4.7.1.Market size and forecast, by application

5.4.8.South Korea

5.4.8.1.Market size and forecast, by application

5.4.9.Rest of Asia-Pacific

5.4.9.1.Market size and forecast, by application

5.4.10.LAMEA
5.4.11.Key market trends, growth factors, and opportunitie
5.4.12.Market size and forecast, by application
5.4.13.Market share analysis, by country
5.4.14.Latin America

5.4.14.1.Market size and forecast, by application

5.4.15.Middle East

5.4.15.1.Market size and forecast, by application

5.4.16.Africa

5.4.16.1.Market size and forecast, by application

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.Introduction

6.1.1.Market Player Positioning, 2020

6.2.Competitive Heatmap

CHAPTER 7:COMPANY PROFILES

7.1.Amco Polymers

7.1.1.Company overview
7.1.1.Company snapshot
7.1.2.Product portfolio

7.2.BASF SE

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Key executives
7.2.4.Operating business segments
7.2.5.Product portfolio
7.2.6.Business performance

7.3.Chang Chun Group

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio

7.4.Cosmos Plastics & Chemicals.

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio

7.5.Eastman Chemical Company

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Key executives
7.5.4.Operating business segments
7.5.5.Product portfolio
7.5.6.Business performance

7.6.Far Eastern New Century Corporation

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Key executives
7.6.4.Product portfolio
7.6.5.Business performance

7.7.GO YEN CHEMICAL INDUSTRIAL CO., LTD.

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio

7.8.Hangzhou Peijin Chemical Co., Ltd.

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Product portfolio

7.9.Jin Hui Zhao Long High-Tech Co., Ltd.

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Key executives
7.9.4.Product portfolio

7.10.LOTTE Fine Chemical

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Key executives
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.Business performance

LIST OF TABLES

TABLE 01.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 02.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 03.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR PACKAGING & BAGS, BY REGION, 2020–2030 ($MILLION)
TABLE 04.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR PACKAGING & BAGS, BY REGION, 2020–2030 (KILOTONS)
TABLE 05.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR CONSUMER DURABLES, BY REGION, 2020–2030 ($MILLION)
TABLE 06.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR CONSUMER DURABLES, BY REGION, 2020–2030 (KILOTONS)
TABLE 07.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR AGRICULTURE & HORTICULTURE, BY REGION, 2020–2030 ($MILLION)
TABLE 08.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR AGRICULTURE & HORTICULTURE, BY REGION, 2020–2030 (KILOTONS)
TABLE 09.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR TEXTILES, BY REGION, 2020–2030 ($MILLION)
TABLE 10.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR TEXTILES, BY REGION, 2020–2030 (KILOTONS)
TABLE 11.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 12.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR OTHERS, BY REGION, 2020–2030 (KILOTONS)
TABLE 13.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 14.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY REGION, 2020–2030 (KILOTONS)
TABLE 15.NORTH AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 17.NORTH AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 19.U.S. POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.U.S. POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 21.CANADA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 22.CANADA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 23.MEXICO POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.MEXICO POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 25.EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 27.EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 28.EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 29.GERMANY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.GERMANY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 31.UK POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.UK POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 33.FRANCE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.FRANCE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 35.SPAIN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.SPAIN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 37.ITALY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 38.ITALY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 39.REST OF EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 41.ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 42.ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 43.ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 45.CHINA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 46.CHINA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 47.JAPAN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 48.JAPAN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 49.INDIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.INDIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 51.AUSTRALIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 52.AUSTRALIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 53.SOUTH KOREA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.SOUTH KOREA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 55.REST OF ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.REST OF ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 57.LAMEA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 58.LAMEA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 59.LAMEA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 60.LAMEA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 61.LATIN AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.LATIN AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 63.MIDDLE EAST POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 64.MIDDLE EAST POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 65.AFRICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.AFRICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 01.AMCO POLYMERS: COMPANY SNAPSHOT
TABLE 02.AMCO POLYMERS: PRODUCT PORTFOLIO
TABLE 03.BASF SE: COMPANY SNAPSHOT
TABLE 04.BASF SE: KEY EXECUTIVES
TABLE 05.BASF SE: OPERATING SEGMENTS
TABLE 06.BASF SE: PRODUCT PORTFOLIO
TABLE 07.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 08.CHANG CHUN GROUP.: COMPANY SNAPSHOT
TABLE 09.CHANG CHUN GROUP.: PRODUCT PORTFOLIO
TABLE 10.COSMOS PLASTICS & CHEMICALS: COMPANY SNAPSHOT
TABLE 11.COSMOS PLASTICS & CHEMICALS: PRODUCT PORTFOLIO
TABLE 12.EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 13.EASTMAN CHEMICAL COMPANY: KEY EXECUTIVES
TABLE 14.EASTMAN CHEMICAL COMPANY: OPERATING SEGMENTS
TABLE 15.EASTMAN CHEMICAL COMPANY: PRODUCT PORTFOLIO
TABLE 16.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 17.FAR EASTERN NEW CENTURY CORPORATION: COMPANY SNAPSHOT
TABLE 18.FAR EASTERN NEW CENTURY CORPORATION: KEY EXECUTIVES
TABLE 19.FAR EASTERN NEW CENTURY CORPORATION: PRODUCT PORTFOLIO
TABLE 20.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 21.GO YEN CHEMICAL INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT
TABLE 22.GO YEN CHEMICAL INDUSTRIAL CO., LTD.: PRODUCT PORTFOLIO
TABLE 23.HANGZHOU PEIJIN CHEMICAL CO., LTD.: COMPANY SNAPSHOT
TABLE 24.HANGZHOU PEIJIN CHEMICAL CO., LTD.: PRODUCT PORTFOLIO
TABLE 25.JIN HUI ZHAO LONG HIGH-TECH CO., LTD.: COMPANY SNAPSHOT
TABLE 26.JIN HUI ZHAO LONG HIGH-TECH CO., LTD.: KEY EXECUTIVES
TABLE 27.JIN HUI ZHAO LONG HIGH-TECH CO., LTD.: PRODUCT PORTFOLIO
TABLE 28.LOTTE FINE CHEMICAL: COMPANY SNAPSHOT
TABLE 29.LOTTE FINE CHEMICAL: KEY EXECUTIVES
TABLE 30.LOTTE FINE CHEMICAL: OPERATING SEGMENTS
TABLE 31.LOTTE FINE CHEMICAL: PRODUCT PORTFOLIO
TABLE 32.OVERALL FINANCIAL STATUS ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE THREAT OF NEW ENTRANTS
FIGURE 04.MODERATE THREAT OF SUBSTITUTES
FIGURE 05.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.VALUE CHAIN ANALYSIS
FIGURE 08.TOP INVESTMENT POCKETS
FIGURE 09.PATENT ANALYSIS, BY REGION
FIGURE 10.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET DYNAMICS
FIGURE 11.POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET, BY APPLICATION, 2020–2030
FIGURE 12.COMPARATIVE ANALYSIS OF POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR PACKAGING & BAGS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR CONSUMER DURABLES, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR AGRICULTURE & HORTICULTURE, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR TEXTILES, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17.U.S. POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 18.CANADA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 19.MEXICO POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 20.GERMANY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 21.UK POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 22.FRANCE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 23.SPAIN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 24.ITALY POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 25.REST OF EUROPE POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 26.CHINA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 27.JAPAN POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28.INDIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29.AUSTRALIA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30.SOUTH KOREA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31.REST OF ASIA-PACIFIC POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.LATIN AMERICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.MIDDLE EAST POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.AFRICA POLYBUTYLENE ADIPATE TEREPHTHALATE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.MARKET PLAYER POSITIONING, 2020
FIGURE 36.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 37.BASF SE: REVENUE, 2018-2020 ($MILLION)
FIGURE 38.BASF SE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 39.BASF SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 40.EASTMAN CHEMICAL COMPANY: REVENUE, 2018–2020 ($MILLION)
FIGURE 41.EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 42.EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 43.FAR EASTERN NEW CENTURY CORPORATION: REVENUE, 2018-2020 ($MILLION)
FIGURE 44.FAR EASTERN NEW CENTURY CORPORATION: REVENUE SHARE BY REGION, 2020
FIGURE 45.LOTTE FINE CHEMICAL: NET SALES, 2018–2020 ($MILLION)
FIGURE 46.LOTTE FINE CHEMICAL: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 47.LOTTE FINE CHEMICAL: REVENUE SHARE, BY REGION, 2020 (%)

 
 

Polybutylene adipate terephthalate is considered as the major innovation from renewable material as the world is discovering alternatives to single use plastic products. It is being adopted as a perfect substitute to single use plastic as this plastic decomposes after a definite period of time by causing no harm to environment.

Increase in number of manufacturers, favorable government policies for the adoption of sustainable and biodegradable products, and rise in availability of renewable feedstock such as starch and PLA boost the growth of the PBAT market. Rise in consumer acceptance due to various awareness and education programs regarding biobased plastic products is providing a new perspective to eliminate usage of conventional plastic. However, higher price of PBAT as compared to traditional plastic coupled with low performance standards hamper the polybutylene adipate terephthalate market growth in the upcoming years.

At present, the use of PBAT based biodegradable plastic in packaging & bags is the highest valued segment and is projected to remain the same through the forecast period on account of its favorable properties. The production of bioplastics is highest in Asia-Pacific owing to the huge availability of renewable feedstock. Despite being biodegradable, one of the key advantages is its properties are similar to the conventional plastic, which makes biodegradable plastic a perfect substitute to conventional plastic.

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A. Eco-friendly nature and rise in consumer adoption of PBAT based biodegradable plastics are key factors drives the polybutylene adipate terephthalate market growth during the forecast period.

A. In terms of revenue, the market size of polybutylene adipate terephthalate market was valued at $1.1 billion in 2020 and is anticipated to reach $2.7 billion by 2030, growing at CAGR of 8.9% from 2021 to 2030.

A. Amco Polymer, BASF SE, Chang Chun Group, Cosmos Plastics & Chemicals, Eastman Chemical Company, Far Eastern New Century Corporation, Go Yen Chemical Industrial Co., Ltd., Hangzhou Peijin Chemical Co., Ltd., Jin Hui Zhao Long High-Tech Co., Ltd. and LOTTE Fine Chemical are the most established players of the global polybutylene adipate terephthalate market.

A. Packaging & bags and consumer durables industries are projected to increase the demand for polybutylene adipate terephthalate Market.

A. Segments covered in polybutylene adipate terephthalate Market report are application and region.

A. Rise in demand for PBAT from packaging and bags applications is anticipated to be the main driver of polybutylene adipate terephthalate market.

A. Packaging & bags and consumer durables applications are expected to drive the adoption of polybutylene adipate terephthalate.

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