Within the research scope of this report, it shows that the global PBAT market had a market size of about 1205.00 Million USD in 2022, growing at a CAGR of 28.25% during 2023-2029 to 6876.84 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include BASF, Novamont, Kingfa Sci.&Tech.Co.,ltd., SK Chemicals, Jinhui Zhaolong High Technology, and etc.
---The combined market share of the Top 3 players in the global PBAT market is about 73.47%.
REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of PBAT market in 2022, the Europe has the largest market size and its market share is about 41.00%, followed by Asia Pacific and its market share is about 25.00%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Industrial Grade, Food Grade, etc. Application segment includes Packaging, Agriculture & Fishery, etc.
--- Industrial Grade contributes approximately 62.00% share to the market in 2022.
--- Packaging contributes approximately 46.00% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global PBAT market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global PBAT market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global PBAT market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global PBAT market.
Global PBAT Scope and Market Size
PBAT market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global PBAT market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the PBAT industry is considered in the report, covering the dynamic analysis of the development of the PBAT industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The PBAT (Polybutylene Adipate Terephthalate) market has been experiencing notable trends in recent years. PBAT is a biodegradable and compostable polymer that finds application in various industries, including packaging, agriculture, textiles, and more. Here are some key trends in the PBAT market:
Growing Demand for Sustainable Packaging: With increasing awareness about plastic pollution and the need for sustainable solutions, there is a rising demand for eco-friendly packaging materials. PBAT, being biodegradable and compostable, is being used as a viable alternative to conventional plastics in packaging applications. The market is witnessing increased adoption of PBAT in flexible packaging, bags, films, and other single-use plastic items.
Government Regulations and Policies: Stringent regulations and policies related to plastic waste management and environmental protection are driving the demand for PBAT. Many countries have implemented bans or restrictions on single-use plastics, encouraging the use of biodegradable and compostable materials like PBAT. These regulations create opportunities for PBAT manufacturers and promote the growth of the market.
Shift towards Circular Economy: The concept of the circular economy, which emphasizes reducing waste and maximizing resource efficiency, is influencing the PBAT market. PBAT can be composted and degraded into environmentally friendly byproducts, contributing to a closed-loop system. The shift towards a circular economy approach by industries and consumers is driving the demand for PBAT as a sustainable material.
Increased Research and Development: Research and development efforts are being focused on improving the properties and performance of PBAT. Manufacturers are working on enhancing the mechanical strength, flexibility, and processability of PBAT to make it more suitable for a wider range of applications. Innovation in PBAT blends and additives is also being explored to enhance specific properties such as barrier properties and heat resistance.
Collaboration and Partnerships: Collaboration between PBAT manufacturers, packaging companies, and other industry stakeholders is on the rise. Collaborative efforts aim to develop innovative solutions, improve production processes, and expand the application areas of PBAT. Partnerships along the value chain help in the development of sustainable packaging solutions and promote market growth.
Increasing Consumer Awareness and Preference: Consumers are becoming more conscious of the environmental impact of their purchasing decisions. The demand for products packaged in sustainable materials is growing, and PBAT aligns with consumer preferences for eco-friendly options. As consumer awareness increases, manufacturers and brand owners are responding by incorporating PBAT into their product packaging.
Expansion of PBAT Production Capacity: To meet the growing demand, manufacturers are expanding their production capacity for PBAT. Investments are being made in new manufacturing facilities and technology advancements to scale up the production of PBAT. This increased capacity will help meet the market demand and reduce the cost of PBAT, making it more competitive compared to traditional plastics.
The PBAT market is being driven by a combination of regulatory push, market demand for sustainable packaging, technological advancements, and consumer preferences. As the focus on environmental sustainability continues to grow, the PBAT market is expected to witness further growth and innovation in the coming years.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Player list
BASF
Novamont
Kingfa Sci.&Tech.Co.,ltd.
SK Chemicals
Jinhui Zhaolong High Technology
Shandong Yuetai
Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd
Lotte Fine Chemical
Others
Types list
Industrial Grade
Food Grade
Application list
Packaging
Agriculture & Fishery
Consumer Goods
Coatings
Others
List of Tables and Figures
Figure PBAT Picture
Table Product Definition of PBAT
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global PBAT Market Size by Type (2018 VS 2023 VS 2029)
Table Global PBAT Revenue and Market Size by Type (2018-2023)
Table Global PBAT Revenue and Market Share by Type (2018-2023)
Table Global PBAT Sales and Market Size by Type (2018-2023)
Table Global PBAT Sales and Market Share by Type (2018-2023)
Table Global PBAT Market Size by Application (2018 VS 2023 VS 2029)
Table Global PBAT Revenue Market Size by Application (2018-2023)
Table Global PBAT Revenue Market Share by Application (2018-2023)
Table Global PBAT Sales Market Size by Application (2018-2023)
Table Global PBAT Sales Market Share by Application (2018-2023)
Figure Global PBAT Revenue Market Size (2018-2023)
Figure Global PBAT Sales Market Size (2018-2023)
Table PBAT Market Size by Regions: 2018 VS 2023 VS 2029
Table PBAT Historic Revenue Market Size by Regions (2018-2023)
Table PBAT Historic Revenue Market Share by Regions (2018-2023)
Table PBAT Historic Sales Market Size by Regions (2018-2023)
Table PBAT Historic Sales Market Share by Regions (2018-2023)
Figure North America PBAT Market Size (2018-2023)
Figure Europe PBAT Market Size (2018-2023)
Figure Asia-Pacific PBAT Market Size (2018-2023)
Figure Latin America PBAT Market Size (2018-2023)
Figure Middle East & Africa PBAT Market Size (2018-2023)
Table North America PBAT Revenue by Countries (2018-2023)
Table North America PBAT Revenue Market Share by Countries (2018-2023)
Table North America PBAT Sales by Countries (2018-2023)
Table North America PBAT Sales Market Share by Countries (2018-2023)
Table North America PBAT Sales by Types (2018-2023)
Table North America PBAT Sales Market Share by Types (2018-2023)
Table North America PBAT Sales by Applications (2018-2023)
Table North America PBAT Sales Market Share by Applications (2018-2023)
Figure United States PBAT Revenue and Growth (2018-2023)
Figure United States PBAT Sales and Growth (2018-2023)
Figure Canada PBAT Revenue and Growth (2018-2023)
Figure Canada PBAT Sales and Growth (2018-2023)
Table Asia-Pacific PBAT Revenue by Countries (2018-2023)
Table Asia-Pacific PBAT Revenue Market Share by Countries (2018-2023)
Table Asia-Pacific PBAT Sales by Countries (2018-2023)
Table Asia-Pacific PBAT Revenue Market Share by Countries (2018-2023)
Table Asia Pacific PBAT Sales by Types (2018-2023)
Table Asia Pacific PBAT Sales Market Share by Types (2018-2023)
Table Asia Pacific PBAT Sales by Applications (2018-2023)
Table Asia Pacific PBAT Sales Market Share by Applications (2018-2023)
Figure China PBAT Revenue and Growth (2018-2023)
Figure China PBAT Sales and Growth (2018-2023)
Figure Japan PBAT Revenue and Growth (2018-2023)
Figure Japan PBAT Sales and Growth (2018-2023)
Figure Korea PBAT Revenue and Growth (2018-2023)
Figure Korea PBAT Sales and Growth (2018-2023)
Figure Southeast Asia PBAT Revenue and Growth (2018-2023)
Figure Southeast Asia PBAT Sales and Growth (2018-2023)
Figure India PBAT Revenue and Growth (2018-2023)
Figure India PBAT Sales and Growth (2018-2023)
Figure Australia PBAT Revenue and Growth (2018-2023)
Figure Australia PBAT Sales and Growth (2018-2023)
Table Europe PBAT Revenue by Countries (2018-2023)
Table Europe PBAT Revenue Market Share by Countries (2018-2023)
Table Europe PBAT Sales by Countries (2018-2023)
Table Europe PBAT Sales Market Share by Countries (2018-2023)
Table Europe PBAT Sales by Types (2018-2023)
Table Europe PBAT Sales Market Share by Types (2018-2023)
Table Europe PBAT Sales by Applications (2018-2023)
Table Europe PBAT Sales Market Share by Applications (2018-2023)
Figure Germany PBAT Revenue and Growth (2018-2023)
Figure Germany PBAT Sales and Growth (2018-2023)
Figure France PBAT Revenue and Growth (2018-2023)
Figure France PBAT Sales and Growth (2018-2023)
Figure UK PBAT Revenue and Growth (2018-2023)
Figure UK PBAT Sales and Growth (2018-2023)
Figure Italy PBAT Revenue and Growth (2018-2023)
Figure Italy PBAT Sales and Growth (2018-2023)
Figure Russia PBAT Revenue and Growth (2018-2023)
Figure Russia PBAT Sales and Growth (2018-2023)
Figure Spain PBAT Revenue and Growth (2018-2023)
Figure Spain PBAT Sales and Growth (2018-2023)
Figure Nordic PBAT Revenue and Growth (2018-2023)
Figure Nordic PBAT Sales and Growth (2018-2023)
Table Latin America PBAT Revenue by Countries (2018-2023)
Table Latin America PBAT Revenue Market Share by Countries (2018-2023)
Table Latin America PBAT Sales by Countries (2018-2023)
Table Latin America PBAT Sales Market Share by Countries (2018-2023)
Table Latin America PBAT Sales by Types (2018-2023)
Table Latin America PBAT Sales Market Share by Types (2018-2023)
Table Latin America PBAT Sales by Applications (2018-2023)
Table Latin America PBAT Sales Market Share by Applications (2018-2023)
Figure Brazil PBAT Revenue and Growth (2018-2023)
Figure Brazil PBAT Sales and Growth (2018-2023)
Figure Argentina PBAT Revenue and Growth (2018-2023)
Figure Argentina PBAT Sales and Growth (2018-2023)
Figure Mexico PBAT Revenue and Growth (2018-2023)
Figure Mexico PBAT Sales and Growth (2018-2023)
Table Middle East & Africa PBAT Revenue by Countries (2018-2023)
Table Middle East & Africa PBAT Revenue Market Share by Countries (2018-2023)
Table Middle East & Africa PBAT Sales by Countries (2018-2023)
Table Middle East & Africa PBAT Sales Market Share by Countries (2018-2023)
Table Middle East & Africa PBAT Sales by Types (2018-2023)
Table Middle East & Africa PBAT Sales Market Share by Types (2018-2023)
Table Middle East & Africa PBAT Sales by Applications (2018-2023)
Table Middle East & Africa PBAT Sales Market Share by Applications (2018-2023)
Figure Egypt PBAT Revenue and Growth (2018-2023)
Figure Egypt PBAT Sales and Growth (2018-2023)
Figure South Africa PBAT Revenue and Growth (2018-2023)
Figure South Africa PBAT Sales and Growth (2018-2023)
Figure UAE PBAT Revenue and Growth (2018-2023)
Figure UAE PBAT Sales and Growth (2018-2023)
Figure Turkey PBAT Revenue and Growth (2018-2023)
Figure Turkey PBAT Sales and Growth (2018-2023)
Figure Saudi Arabia PBAT Revenue and Growth (2018-2023)
Figure Saudi Arabia PBAT Sales and Growth (2018-2023)
Table Global PBAT Revenue by Players (2018-2023)
Table Global PBAT Revenue Market Share by Players (2018-2023)
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global PBAT Players Market Concentration Ratio (CR5) (2018-2023)
Table PBAT Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table BASF Profile
Table Product Overview
Table BASF PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure BASF Sales and Growth Rate
Figure BASF Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Novamont Profile
Table Product Overview
Table Novamont PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Novamont Sales and Growth Rate
Figure Novamont Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Kingfa Sci.&Tech.Co.,ltd. Profile
Table Product Overview
Table Kingfa Sci.&Tech.Co.,ltd. PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Kingfa Sci.&Tech.Co.,ltd. Sales and Growth Rate
Figure Kingfa Sci.&Tech.Co.,ltd. Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table SK Chemicals Profile
Table Product Overview
Table SK Chemicals PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure SK Chemicals Sales and Growth Rate
Figure SK Chemicals Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Jinhui Zhaolong High Technology Profile
Table Product Overview
Table Jinhui Zhaolong High Technology PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Jinhui Zhaolong High Technology Sales and Growth Rate
Figure Jinhui Zhaolong High Technology Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Shandong Yuetai Profile
Table Product Overview
Table Shandong Yuetai PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Shandong Yuetai Sales and Growth Rate
Figure Shandong Yuetai Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd Profile
Table Product Overview
Table Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd Sales and Growth Rate
Figure Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Lotte Fine Chemical Profile
Table Product Overview
Table Lotte Fine Chemical PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Lotte Fine Chemical Sales and Growth Rate
Figure Lotte Fine Chemical Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Others Profile
Table Product Overview
Table Others PBAT Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Others Sales and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Global PBAT Revenue Market Size Forecast by Type (2023-2029)
Table Global PBAT Revenue Market Share Forecast by Type (2023-2029)
Table Global PBAT Sales Market Size Forecast by Type (2023-2029)
Table Global PBAT Sales Market Share Forecast by Type (2023-2029)
Table Global PBAT Revenue Market Size by Application (2023-2029)
Table Global PBAT Revenue Market Share by Application (2023-2029)
Table Global PBAT Sales Market Size by Application (2023-2029)
Table Global PBAT Sales Market Share by Application (2023-2029)
Figure Global PBAT Revenue Forecast Market Size (2023-2029)
Figure Global PBAT Sales Forecast Market Size (2023-2029)
Table PBAT Revenue Forecast Market Size by Regions (2023-2029)
Table PBAT Revenue Forecast Market Share by Regions (2023-2029)
Table PBAT Sales Forecast Market Size by Regions (2023-2029)
Table PBAT Sales Forecast Market Share by Regions (2023-2029)
Figure North America PBAT Revenue Forecast Market Size (2023-2029)
Figure North America PBAT Sales Forecast Market Size (2023-2029)
Figure Europe PBAT Revenue Forecast Market Size (2023-2029)
Figure Europe PBAT Sales Forecast Market Size (2023-2029)
Figure Asia-Pacific PBAT Revenue Forecast Market Size (2023-2029)
Figure Asia-Pacific PBAT Sales Forecast Market Size (2023-2029)
Figure Latin America PBAT Revenue Forecast Market Size (2023-2029)
Figure Latin America PBAT Sales Forecast Market Size (2023-2029)
Figure Middle East & Africa PBAT Forecast Market Size (2023-2029)
Figure Middle East & Africa PBAT Sales Forecast Market Size (2023-2029)
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Figure Manufacturing Process Analysis of PBAT
Figure PBAT Industrial Chain Analysis
Table Distributors of PBAT with Contact Information
Table Major Customers of PBAT with Contact Information
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
