Poly (Butylene Adipate-Co-Terephthalate) Market Research Report- Forecast to 2030

Poly (Butylene Adipate-Co-Terephthalate) Market Research Report- Application (Composite Bags, Bin Bags, Mulch Films, Cling Films, Stabilizers), End-Use (Packaging, Agriculture & Fishery, Consumer Goods, Coatings) - Forecast till 2030

ID: MRFR/CnM/2596-CR | February 2021 | Region: Global | 131 Pages         

1 Report Prologue




2 Market Definition


2.1 Market Definition 14


2.2 Scope Of The Study 14


2.2.1 Research Objectives 14


2.2.2 Assumptions 15


2.2.3 Limitations 15


2.3 Market Structure 15


3 Research Methodology


3.1 Research Process 16


3.2 Primary Research 17


3.3 Secondary Research 17


3.4 Market Size Estimation 17


3.5 Forecast Model 19


4 Market Dynamics


4.1 Introduction 20


4.2 Drivers 21


4.2.1 Increasing Application In Packaging Industry 21


4.2.2 Government Policies Toward Green Procurement 22


4.3 Restraint 23


4.3.1 Cost Competitiveness Of PBAT Over Conventional Plastics 23


4.4 Trend 23


4.4.1 Consumer Preference Toward Environmental-Friendly Products 23


4.5 Opportunity 24


4.5.1 Increasing Scope In End-Use Segment 24


5 Market Factor Analysis


5.1 Supply Chain Analysis 25


5.1.1 Raw Material Suppliers 25


5.1.2 PBAT Manufacturers 26


5.1.3 Distribution Channel 26


5.1.4 End-User Industry 26


5.2 Porter’s Five Force Analysis 27


5.2.1 Threat Of New Entrants 27


5.2.2 Threat Of Rivalry 28


5.2.3 Threat Of Substitute 28


5.2.4 Bargaining Power Of Supplier 28


5.2.5 Bargaining Power Of Buyer 28


6 Global Poly (Butylene Adipate-Co-Terephthalate) Market, By Application


6.1 Introduction 29


6.2 Composites 32


6.3 Bin Bags 33


6.4 Mulch Films 34


6.5 Cling Films 35


6.6 Stabilizers 36


6.7 Others 38


7 Global Butylene Adipate-Co-Terephthalate Market, By End Use


7.1 Introduction 40


7.2 Packaging 43


7.3 Agriculture & Fishery 44


7.4 Consumer Goods 45


7.5 Coatings 46


7.6 Others 47


8 Global Poly (Butylene Adipate-Co-Terephthalate) Market, By Region


8.1 Introduction 48


8.2 North America 50


8.2.1 The U.S. 53


8.2.2 Canada 56


8.3 Europe 59


8.3.1 Germany 63


8.3.2 UK 65


8.3.3 Russia 68


8.3.4 Italy 70


8.3.5 France 73


8.3.6 Rest Of The Europe 75


8.4 Asia Pacific 78


8.4.1 China 81


8.4.2 Japan 84


8.4.3 India 86


8.4.4 South Korea 89


8.4.5 Rest Of The Asia Pacific 91


8.5 Latin America 94


8.5.1 Brazil 97


8.5.2 Mexico 100


8.5.3 Rest Of The Latin America 102


8.6 Middle East & Africa 105


8.6.1 Turkey 108


8.6.2 Israel 111


8.6.3 Rest Of The Middle East & Africa 113


9 Competitive Landscape


9.1 Introduction 116


9.2 Market Strategy Analysis 116


9.3 Key Developments Of Market Players 117


10 Company Profile


10.1 Novamont S.P.A. 119


10.1.1 Company Overview 119


10.1.2 Financials 119


10.1.3 Products 119


10.1.4 Strategy 119


10.1.5 Key Developments 119


10.2 Eastman Chemical Company 120


10.2.1 Company Overview 120


10.2.2 Financials 120


10.2.3 Products 120


10.2.4 Strategy 120


10.2.5 Key Developments 120


10.3 Jinhui Zhaolong High Technology 121


10.3.1 Company Overview 121


10.3.2 Financials 121


10.3.3 Products 121


10.3.4 Strategy 121


10.3.5 Key Developments 121


10.4 BASF SE 122


10.4.1 Company Overview 122


10.4.2 Financials 122


10.4.3 Products 122


10.4.4 Strategy 122


10.4.5 Key Developments 122


10.5 SK Chemicals 123


10.5.1 Company Overview 123


10.5.2 Financials 123


10.5.3 Products 123


10.5.4 Strategy 123


10.5.5 Key Developments 123


10.6 Far Eastern New Century Corpora 124


10.6.1 Company Overview 124


10.6.2 Financials 124


10.6.3 Products 124


10.6.4 Strategy 124


10.6.5 Key Developments 124


10.7 Lotte Fine Chemical Co., Ltd. 125


10.7.1 Company Overview 125


10.7.2 Financials 125


10.7.3 Products 125


10.7.4 Strategy 125


10.7.5 Key Developments 125


10.8 WILLEAP 126


10.8.1 Company Overview 126


10.8.2 Financials 126


10.8.3 Products 126


10.8.4 Strategy 126


10.8.5 Key Developments 126


10.9 Jiangsu Torise Biomaterials Co. 127


10.9.1 Company Overview 127


10.9.2 Financials 127


10.9.3 Products 127


10.9.4 Key Developments 127


11 Conclusion




12 List Of Tables


TABLE 1 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATION, 2020-2027 (USD MILLION) 30


TABLE 2 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATION, 2020-2027 (THOUSAND TONS) 31


TABLE 3 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR COMPOSITES BAGS, 2020-2027 (USD MILLION) 32


TABLE 4 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR COMPOSITES BAGS, 2020-2027 (THOUSAND TONS) 32


TABLE 5 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR BIN BAGS, 2020-2027 (USD MILLION) 33


TABLE 6 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR BIN BAGS, 2020-2027 (THOUSAND TONS) 33


TABLE 7 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR MULCH FILMS, 2020-2027 (USD MILLION) 34


TABLE 8 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR MULCH FILMS, 2020-2027 (THOUSAND TONS) 35


TABLE 9 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR CLING FILMS, 2020-2027 (USD MILLION) 35


TABLE 10 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR CLING FILMS, 2020-2027 (THOUSAND TONS) 36


TABLE 11 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR STABILIZERS, 2020-2027 (USD MILLION) 36


TABLE 12 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR STABILIZERS, 2020-2027 (THOUSAND TONS) 37


TABLE 13 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR OTHERS, 2020-2027 (USD MILLION) 38


TABLE 14 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR OTHERS, 2020-2027 (THOUSAND TONS) 38


TABLE 15 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USE, 2020-2027 (USD MILLION) 41


TABLE 16 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (USD MILLION) 50


TABLE 17 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (THOUSAND TONS) 50


TABLE 18 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 51


TABLE 19 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 51


TABLE 20 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 52


TABLE 21 NORTH AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 52


TABLE 22 U.S. POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 53


TABLE 23 U.S. POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 53


TABLE 24 U.S. POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 54


TABLE 25 U.S. POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 55


TABLE 26 CANADA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 56


TABLE 27 CANADA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 56


TABLE 28 CANADA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 57


TABLE 29 CANADA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 58


TABLE 30 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (USD MILLION) 59


TABLE 31 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (THOUSAND TONS) 59


TABLE 32 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 60


TABLE 33 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 61


TABLE 34 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 61


TABLE 35 EUROPEPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 62


TABLE 36 GERMANY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 63


TABLE 37 GERMANY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 63


TABLE 38 GERMANY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 64


TABLE 39 GERMANY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 64


TABLE 40 UK POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 65


TABLE 41 UK POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 66


TABLE 42 UK POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 66


TABLE 43 UK POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 67


TABLE 44 RUSSIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 68


TABLE 45 RUSSIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (K 68


TABLE 46 RUSSIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 69


TABLE 47 RUSSIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 69


TABLE 48 ITALY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 70


TABLE 49 ITALY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 71


TABLE 50 ITALY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027(USD MILLION) 71


TABLE 51 ITALY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 72


TABLE 52 FRANCE POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 73


TABLE 53 FRANCE POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 73


TABLE 54 FRANCE POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 74


TABLE 55 FRANCE POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 74


TABLE 56 REST OF THE EUROP POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 75


TABLE 57 REST OF THE EUROP POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 76


TABLE 58 REST OF THE EUROP POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 76


TABLE 59 REST OF THE EUROP POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 77


TABLE 60 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (USD MILLION) 78


TABLE 61 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (THOUSAND TONS) 78


TABLE 62 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 79


TABLE 63 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 79


TABLE 64 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 80


TABLE 65 ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 80


TABLE 66 CHINA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 81


TABLE 67 CHINA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 20172023 (THOUSAND TONS) 82


TABLE 68 CHINA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 82


TABLE 69 CHINA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027(THOUSAND TONS) 83


TABLE 70 JAPAN POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 84


TABLE 71 JAPAN POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2017 2023 (THOUSAND TONS) 84


TABLE 72 JAPAN POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 85


TABLE 73 JAPAN POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 85


TABLE 74 INDIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 86


TABLE 75 INDIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 87


TABLE 76 INDIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 87


TABLE 77 INDIA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 88


TABLE 78 SOUTH KOREA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 89


TABLE 79 SOUTH KOREA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 89


TABLE 80 SOUTH KOREA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 90


TABLE 81 SOUTH KOREA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 90


TABLE 82 REST OF THE ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 91


TABLE 83 REST OF THE ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 92


TABLE 84 REST OF THE ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 92


TABLE 85 REST OF THE ASIA PACIFIC POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 93


TABLE 86 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY COUNTERIES 2020-2027 (USD MILLION) 94


TABLE 87 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY COUNTERIES 2020-2027 (THOUSAND TONS) 94


TABLE 88 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 95


TABLE 89 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 95


TABLE 90 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 96


TABLE 91 LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 96


TABLE 92 BRAZIL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 97


TABLE 93 BRAZIL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 98


TABLE 94 BRAZIL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 98


TABLE 95 BRAZIL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 99


TABLE 96 MEXICO POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 100


TABLE 97 MEXICO POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 100


TABLE 98 MEXICO POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 101


TABLE 99 MEXICO POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 101


TABLE 100 REST OF THE LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 102


TABLE 101 REST OF THE LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 103


TABLE 102 REST OF THE LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 103


TABLE 103 REST OF THE LATIN AMERICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 104


TABLE 104 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (USD MILLION) 105


TABLE 105 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY COUNTERIES 2020-2027 (THOUSAND TONS) 105


TABLE 106 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 106


TABLE 107 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 106


TABLE 108 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 107


TABLE 109 MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 107


TABLE 110 TURKEY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 108


TABLE 111 TURKEY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 109


TABLE 112 TURKEY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 109


TABLE 113 TURKEY POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 110


TABLE 114 ISREAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 111


TABLE 115 ISREAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 111


TABLE 116 ISREAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (USD MILLION) 112


TABLE 117 ISREAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE)MARKET BY END USER 2020-2027 (THOUSAND TONS) 112


TABLE 118 REST OF THE MIDDLE EAST & AFRICAPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (USD MILLION) 113


TABLE 119 REST OF THE MIDDLE EAST & AFRICAPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATIONS 2020-2027 (THOUSAND TONS) 114


TABLE 120 REST OF THE MIDDLE EAST & AFRICAPOLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (USD MILLION) 114


TABLE 121 REST OF THE MIDDLE EAST & AFRICA POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USER 2020-2027 (THOUSAND TONS) 115


TABLE 122 KEY DEVELOPMENTS 117


13 List Of Figures


FIGURE 1 TOP DOWN & BOTTOMUP APPROACH 18


FIGURE 2 FORECAST MODEL 19


FIGURE 3 DRIVERS, RESTRAINT, OPPORTUNITY AND TREND OF GLOBAL PBATMARKET 20


FIGURE 4 SUPPLY CHAIN ANALYSIS 25


FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET 27


FIGURE 6 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATION, 2020-2027 (USD MILLION) 29


FIGURE 7 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY APPLICATION, 2020-2027 (THOUSAND TONS) 30


FIGURE 8 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USE, 2020-2027 (USD MILLION) 40


FIGURE 9 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USE, 2020-2027 (THOUSAND TONS) 41


FIGURE 10 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY END USE, 2020-2027 (THOUSAND TONS) 42


FIGURE 11 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR PACKAGING, 2020-2027 (USD MILLION) 43


FIGURE 12 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR PACKAGING, 2020-2027 (THOUSAND TONS) 43


FIGURE 13 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR AGRICULTURE & FISHERY 2020-2027 (USD MILLION) 44


FIGURE 14 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR AGRICULTURE & FISHERY, 2020-2027 (THOUSAND TONS) 44


FIGURE 15 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR CONSUMER GOODS, 2020-2027 (USD MILLION) 45


FIGURE 16 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR CONSUMER GOODS, 2020-2027 (THOUSAND TONS) 45


FIGURE 17 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR COATINGS, 2020-2027 (USD MILLION) 46


FIGURE 18 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR COATINGS, 2020-2027 (THOUSAND TONS) 46


FIGURE 19 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR OTHERS, 2020-2027 (USD MILLION) 47


FIGURE 20 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET FOR OTHERS, 2020-2027 (THOUSAND TONS) 47


FIGURE 21 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY REGION, (%) (2020) 48


FIGURE 22 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY REGION, 2020-2027 (USD MILLION) 49


FIGURE 23 GLOBAL POLY (BUTYLENE ADIPATE-CO-TEREPHTHALATE) MARKET BY REGION, 2020-2027 (THOUSAND TONS) 49


FIGURE 24 MARKET STRATEGY ANALYSIS 116


FIGURE 25 GLOBAL POLY BUTYLENE ADIPATE-CO-TEREPHTHALATE MARKET SHARE AND CAGR% (2020) 129

Poly (Butylene Adipate-Co-Terephthalate) Market

Poly (Butylene Adipate-Co-Terephthalate) Market is projected to be worth USD 2.7 Billion by 2030, registering a CAGR of 8.9% during the forecast period (2021 - 2030).

Segmentation

By Application Composite Bags Bin Bags Mulch Films Cling Films Stabilizers
By End-Use Packaging Agriculture & Fishery Consumer Goods Coatings

Key Players

  • Far Eastern New Century Corporation
  • Lotte Fine Chemical Co. Ltd.
  • Jiangsu Tories biomaterials co. Ltd.
  • BASF SE
  • SK Chemicals
  • Jinhui Zhaolong High Technology.
  • Novamont SpA.
  • WILLEAP
  • Eastman Chemical Company

Drivers

  • The increase in the packaging industry’s application and the increase in government policies for green purchasing.
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Poly Butylene Adipate-co-terephthalate Market Overview:


Polyesters are generally synthesized by polycondensation of combinations of dicarboxylic and diols acids. Poly (butylene adipate co-terephthalate) (PBAT), specifically, can be produced by the polycondensation reaction of 1/4-butanediol with terephthalic and adipic acids. Rare ground compounds or zinc acetate can be used as polycondensation catalysts, which is not ideal for industry. However, it has been reported that the use of these catalysts prepares PBAT on a laboratory scale. The preparation of PBAT requires high temperature, long reaction time, and vacuum generally temp above 190 ° C. These conditions are necessary to favor condensation reactions and remove the lightest molecules as a product.


As a striking feature for synthetic plastics, PBAT is 100% biodegradable. Besides, it is flexible, with the tensile strength of 32-36 MPa, Young’s modulus of 20-35 MPa, and greater elongation at break (close to 700%) than most biodegradable polyesters, such as polybutylene succinate and poly (lactic acid). These properties of PBAT are comparable to those of low-density PE (LDPE), and these properties make PBAT an auspicious biodegradable material for a wide range of possible applications, from packaging, medical devices, and agricultural films. However, although PBAT has been recognized as a quality candidate for BP, its lower mechanical properties than conventional plastics have limited its use in a wider range of applications.

Key Players:



  • Far Eastern New Century Corporation

  • Lotte Fine Chemical Co., Ltd.

  • Jiangsu Tories biomaterials co., Ltd.

  • BASF SE, SK Chemicals

  • Jinhui Zhaolong High Technology.

  • Novamont SpA., WILLEAP,

  • Eastman Chemical Company


Poly butylene adipate-co-terephthalate Manufacturing strategies:


Some strategies have been used to produce PBATs with improved mechanical properties. Herrera et al.’s research reported that the polymer’s mechanical properties strongly depend on the terephthalate content. They observed that Young’s modulus increases with the content in terephthalate units, while the elongation at break decreases. They prepared a series of aliphatic/aromatic copolyesters by melt condensation of 1/4-butanediol, succinic acid, and dimethyl terephthalate. They observed that the elongation at break increases, especially as the content of butylene terephthalate increases. In addition to the compound, the mechanical properties of the polymer are influenced by the molecular weight. Based on this prior knowledge and the composition of the monomers, this can also adapt the mechanical properties of the PBAT  according to the chosen process. Variables, such as pressure and reactor temperature, because both variables relate to the reaction displacement to the products and affect the molecular weight of the PBAT.


Poly butylene adipate-co-terephthalate market trends


PBAT is compostable, transparent, and biodegradable in nature and can be used in injection and extrusion processes. Globally, PBAT has various applications such as stabilizers, composite bags, humic films, plastic films, garbage bags, and others with end-use in industry, such as liners, packaging, consumer goods, fishing, and agriculture, among others.


Global Poly butylene adipate-co-terephthalate


The global PBAT market is driven by several factors, such as the increase in the packaging industry’s application and the increase in government policies for green purchasing. Significant increase in the production and sale of plastic packages, specifically in emerging economies in Argentina, Europe, Mexico, Latin and Asia-Pacific America, such as Brazil, France, South Korea, Germany, the United Kingdom, Thailand, Italy, India, and China will drive market growth during the forecast. Better economic situation and consumers who prefer products that do not harm the environment have increased demand for PBAT. Also, globally, the major initiatives of non-governmental and governmental organizations to reduce pollution are expected to increase demand in the next seven years. Using MRFR analysis, the PBAT market is estimated at $ 636.96 million in the year 2023 at a growth rate of 14.89% during the forecast period globally due to the above-mentioned factors that feed the overall market.


Poly butylene adipate-co-terephthalate market uses


PBAT and its compounds are used in various areas, such as environmental, biomedical food packaging, and industrial applications. May use antimicrobial PBAT tissues to prevent nosocomial infections. Fukushima et al. studied the biocompatibility of PBAT and its nanocomposites based on fluoroelectorites, sepiolite, and MMTs. They reported that nanocomposites show non-cytotoxic, non-negative hemostatic effects after contact with blood, greater in vitreous hemocompatibility than pure PBAT. Mondal et al. modified the MMT with prepared the PBAT / CMMT and cetyltrimethylammonium bromide (CMMT) nanocomposites by the solution intercalation process. They observed that PBAT / CMMT has antimicrobial properties due to the inserted morphology and the quaternary ammonium cation in the CMMT nanocomposites. Moustafa et al. reported that PBAT-based compounds with the addition of roasted coffee grounds exhibited improvements in hydrophobicity and thermomechanical properties, making these compounds potentially interesting for food applications. Bittmann et al. prepared PBAT nanocomposites reinforced with different types of nano-clay (bentonite, modified MMT, and natural). PBAT-based compounds with modified bentonite have shown the best mechanical and thermal performance at room temperature, making the temperature interesting for potential packaging applications.


Poly butylene adipate-co-terephthalate additional applications;


Biodegradable plastics, such as poly (lactic acid) (PLA) and poly (butylene succinate) (PBS), also have applications ranging from sporting goods, packaging, carpets, foam materials, electronics, clothing, building materials, and toys. They basically have the same properties as conventional plastics. Still, They offer additional advantages, such as greater resistance and elasticity to water vapor and heat in addition to permeability to some degree. But their environmental benefits will be more important in the future because they are biodegradable or recycled for the generation of heat energy or reuse as a material. Growing consumer awareness of using such green plastics in these application segments would offer new opportunities for the global PBAT market.


Poly butylene adipate-co-terephthalate market analysis and forecast


The scope of the global market study PBAT includes the size of the stock market and a detailed analysis of the supplier’s strategies and products. The report covers the Middle East and Africa, North America, Europe, Latin America, and Asia-Pacific. Europe is the largest market, followed by North America and Asia-Pacific. The Asia-Pacific region is estimated to have a CAGR of 14.9% over the forecast due to increased industrial investment and the improved agricultural sector in the region’s developing economies. The European region offers huge growth potential for the PBAT market. It is projected to record the highest CAGR of 15.01% to reach 285.4 million US dollars by 2023 due to the growing consumer demand for products with reduced environmental impact in the region. Turkey’s consumer market PBAT was $ 0.92 million in 2016 and represented the largest market share in the Middle East and Africa. The region expects a 14.08% CAGR due to the increased use of PBAT in various applications, such as garbage bags, composite bags, and humus films.


Poly butylene adipate-co-terephthalate market demand


The global PBAT demand market is based on the end-user, the application, and the region. The PBAT market is segmented into stabilizers, cover films, composite bags, plastic films, garbage bags, and others based on the application. According to end-user, the global PBAT market is divided into liners, packaging, consumer goods, fisheries, agriculture, etc. Based on the regions, the demand is characterized in the Middle East and Africa, North America, Latin America, Europe, and Asia-Pacific.


Poly butylene adipate-co-terephthalate market forecast


The global market for PBAT is estimated to be $ 636.96 million by 2023 at a growth rate of 14.89% during the 2017-2023 review period. Based on the volume, Europe has the largest market share of around 44.5%. Based on the end-user, the packaging segment accounted for 62.0% in 2016, with a US $ 150.43 million market value, and projects to grow at the highest growth rate of 15.03% due to the excellent adjustment of PBAT features in the market packaging.


Recent Development

September 2021-
South Korea's biggest chemical firm, LG Chem Ltd., announced that the company is planning to develop biodegradable plastics after collaborating with a smaller local chemical company to grow its presence in the eco-friendly product market.
As per the collaboration partnership agreement with TK Chemical Corp., LG Chem will manufacture poly butylene adipate-co-terephthalate (PBAT).
PBAT is the type of synthetic polymer obtained from fossil resources and can naturally degrade within a period of six months after burying in the ground.
Both the firms said they plan to establish a PBAT manufacturing plant in South Korea by the second half of 2022.

August 2021-
South Korea's leading chemical firm, LG Chem Ltd., announced to fund over USD2.2 billion by 2028 to step up its local production capacity for eco-friendly materials. The company said that it would construct ten new chemical factories in Seosan, over 140 kilometers southwest of Seoul, to produce biodegradable materials and other materials used in renewable energy.
The materials list includes polyolefin elastomer (POE), a biodegradable plastic used in decomposable packaging, and poly butylene adipate-co-terephthalate (PBAT) used for footwear auto exteriors, photovoltaic films, wire coatings, etc.

Conclusion


This brief review deals with an overview of the PBAT. Important issues are covered, such as degradation, properties, and application. Besides, the use of fillers with improvements in the mechanical properties of compounds is also discussed.


The non-discriminatory use of non-BP has caused significant environmental problems, leading to an increase in BP interest, especially in PBAT. PBAT offers several advantages in environmental conservation due to its non-harmful effects. However, the cost of producing this polymer is high, and its properties are often far from expected. That is why PBAT does not compete on efficiency and cost with commodity plastics. A greater understanding of polymerization reaction engineering is needed to develop BPs that meet the requirements of cost, durability, weight, and performance.


The possibilities are several: the addition of different monomer compounds and, above all, the selective addition of fillers to improve the properties of PBAT. Among the methods for preparing PBAT-based compounds, fusion mixing is one of the most promising methods. The main obstacles to preparing these compounds are the diffusion of the filler in PBAT and the interaction between the two, which can overcome by modifying the surface of the fillers. Significant progress has been reported; however, more work is needed in this area, and this is significant, hard-working work for scientists to maintain a sustainable green society. PBAT can be considered one of the sustainable materials of the generation of modern “green materials”.



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   Substantial CAGR (2022-2030
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, end-use
  Geographies Covered   North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
  Key Vendors   Novamont S.p.A., Eastman Chemical Company, Jinhui Zhaolong High Technology, BASF SE, SK Chemicals, Far Eastern New Century Corporation, Lotte Fine Chemical Co., Ltd., WILLEAP, and Jiangsu Torise biomaterials co., ltd.
  Key Market Opportunities   Growing consumer awareness of using such green plastics in these application segments would offer new opportunities for the global PBAT market.
  Key Market Drivers   The increase in the packaging industry’s application and the increase in government policies for green purchasing.


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Frequently Asked Questions (FAQ) :

Poly (Butylene Adipate-Co-Terephthalate) Market is predicted to grow at Substantial CAGR through forecast period of 2020-2027.

The forecast period for Poly (Butylene Adipate-Co-Terephthalate) Market research report is 2020-2027.

Poly (Butylene Adipate-Co-Terephthalate) Market is dominated by Europe region.

the packaging industry’s application and the increase in government policies for green purchasing.

Novamont S.p.A., Eastman Chemical Company, Jinhui Zhaolong High Technology, BASF SE, SK Chemicals, Far Eastern New Century Corporation, Lotte Fine Chemical Co., Ltd., WILLEAP, and Jiangsu Torise biomaterials co., ltd.