• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Poly (Butylene Adipate-Co-Terephthalate) Market

    ID: MRFR/CnM/2596-CR
    111 Pages
    Chitranshi Jaiswal
    February 2021

    Poly (Butylene Adipate-Co-Terephthalate) Market Research Report Information By Application (Composite Bags, Bin Bags, Mulch Films, Cling Films, and Stabilizers), By End Use (Packaging, Agriculture & Fishery, Consumer Goods, and Coating), and By Region (North America, Europe, Asia-Pacific, and Rest of The World) – Market Forecast Till 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Poly (Butylene Adipate-Co-Terephthalate) Market Infographic
    Purchase Options

    Poly (Butylene Adipate-Co-Terephthalate) Market Summary

    As per MRFR analysis, the Poly Butylene Adipate-Co-Terephthalate Market Size was estimated at 1.74 USD Billion in 2024. The Poly Butylene Adipate-Co-Terephthalate industry is projected to grow from 1.877 USD Billion in 2025 to 4.013 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.89 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Poly (Butylene Adipate-Co-Terephthalate) market is experiencing a robust shift towards sustainability and innovation.

    • The market is increasingly driven by a focus on sustainability, particularly in North America, which remains the largest market.
    • Technological advancements are propelling the growth of the fastest-growing Asia-Pacific region, enhancing material properties and applications.
    • Composite bags dominate the market, while mulch films are emerging as the fastest-growing segment due to their environmental benefits.
    • Rising demand for biodegradable plastics and regulatory support for sustainable materials are key drivers influencing market dynamics.

    Market Size & Forecast

    2024 Market Size 1.74 (USD Billion)
    2035 Market Size 4.013 (USD Billion)
    CAGR (2025 - 2035) 7.89%

    Major Players

    BASF SE (DE), DuPont de Nemours Inc (US), Mitsubishi Chemical Corporation (JP), Eastman Chemical Company (US), Kraton Corporation (US), LG Chem Ltd (KR), SABIC (SA), Teijin Limited (JP), Toray Industries Inc (JP)

    Poly (Butylene Adipate-Co-Terephthalate) Market Trends

    The Poly (Butylene Adipate-Co-Terephthalate) Market is currently experiencing a notable transformation, driven by increasing demand for sustainable materials across various industries. This polymer, known for its biodegradable properties, is gaining traction in applications such as packaging, textiles, and automotive components. As environmental concerns continue to rise, manufacturers are increasingly focusing on developing eco-friendly alternatives to traditional plastics. This shift not only aligns with global sustainability goals but also caters to the evolving preferences of consumers who are becoming more environmentally conscious. Moreover, advancements in production technologies are enhancing the efficiency and cost-effectiveness of Poly (Butylene Adipate-Co-Terephthalate) manufacturing. Innovations in polymer processing techniques are likely to improve the material's performance characteristics, making it a more attractive option for a wider range of applications. As industries seek to reduce their carbon footprint, the Poly (Butylene Adipate-Co-Terephthalate) Market appears poised for growth, with potential expansions into new sectors. The interplay between regulatory frameworks and market dynamics will likely shape the future landscape of this market, presenting both challenges and opportunities for stakeholders.

    Sustainability Focus

    The emphasis on sustainable materials is reshaping the Poly (Butylene Adipate-Co-Terephthalate) Market. Companies are increasingly prioritizing eco-friendly solutions, responding to consumer demand for greener products. This trend is likely to drive innovation in biodegradable materials, positioning Poly (Butylene Adipate-Co-Terephthalate) as a viable alternative to conventional plastics.

    Technological Advancements

    Ongoing advancements in production technologies are enhancing the efficiency of Poly (Butylene Adipate-Co-Terephthalate) manufacturing. Improved processing techniques may lead to better material properties, making it suitable for diverse applications. This trend suggests a potential increase in market competitiveness as manufacturers adopt these innovations.

    Regulatory Influences

    Regulatory frameworks aimed at reducing plastic waste are influencing the Poly (Butylene Adipate-Co-Terephthalate) Market. Stricter regulations may encourage industries to transition towards biodegradable options, thereby expanding the market's reach. This trend indicates a growing alignment between policy initiatives and market opportunities.

    The increasing demand for sustainable materials in various industries appears to drive the growth of the Poly (Butylene Adipate-Co-Terephthalate) market, reflecting a broader trend towards eco-friendly alternatives in manufacturing processes.

    U.S. Department of Energy

    Poly (Butylene Adipate-Co-Terephthalate) Market Drivers

    Innovations in Material Science

    Advancements in material science are significantly influencing the Poly (Butylene Adipate-Co-Terephthalate) Market. Researchers are continuously exploring new formulations and processing techniques that enhance the properties of Poly (Butylene Adipate-Co-Terephthalate), such as its mechanical strength and thermal stability. These innovations are likely to expand its applicability across various sectors, including automotive, electronics, and consumer goods. For instance, the development of blends that combine Poly (Butylene Adipate-Co-Terephthalate) with other polymers can lead to improved performance characteristics, making it a more viable option for manufacturers. The market for advanced materials is expected to reach USD 1 trillion by 2026, indicating a robust opportunity for Poly (Butylene Adipate-Co-Terephthalate) to play a pivotal role in this evolving landscape.

    Consumer Awareness and Education

    The increasing awareness and education regarding environmental issues are driving the Poly (Butylene Adipate-Co-Terephthalate) Market. Consumers are becoming more informed about the impact of their choices on the environment, leading to a preference for products made from sustainable materials. This shift in consumer behavior is prompting manufacturers to incorporate Poly (Butylene Adipate-Co-Terephthalate) into their product lines to meet the demand for eco-friendly options. Surveys indicate that a significant percentage of consumers are willing to pay a premium for sustainable products, which could enhance the market position of Poly (Butylene Adipate-Co-Terephthalate). As awareness continues to grow, the market for sustainable materials is expected to expand, providing further opportunities for Poly (Butylene Adipate-Co-Terephthalate) to thrive in the competitive landscape.

    Expanding Applications in Packaging

    The packaging sector is witnessing a notable shift towards sustainable materials, which is positively impacting the Poly (Butylene Adipate-Co-Terephthalate) Market. With the rise of e-commerce and the demand for eco-friendly packaging solutions, Poly (Butylene Adipate-Co-Terephthalate) is emerging as a preferred choice due to its biodegradability and versatility. Market analysis suggests that the sustainable packaging market is expected to reach USD 500 billion by 2027, with a significant portion attributed to biodegradable materials. This trend indicates a growing acceptance of Poly (Butylene Adipate-Co-Terephthalate) in various packaging applications, including food and beverage, cosmetics, and consumer goods. As companies strive to meet consumer expectations for sustainability, the demand for Poly (Butylene Adipate-Co-Terephthalate) is likely to increase, further propelling the market.

    Rising Demand for Biodegradable Plastics

    The increasing consumer preference for environmentally friendly products is driving the Poly (Butylene Adipate-Co-Terephthalate) Market. As awareness of plastic pollution grows, manufacturers are seeking alternatives that offer biodegradability without compromising performance. Poly (Butylene Adipate-Co-Terephthalate) is recognized for its biodegradable properties, making it an attractive option for various applications, including packaging and textiles. Market data indicates that the biodegradable plastics segment is projected to grow at a compound annual growth rate of over 20% in the coming years, highlighting the potential for Poly (Butylene Adipate-Co-Terephthalate) to capture a significant share of this expanding market. This trend suggests that companies investing in sustainable materials may gain a competitive edge, further propelling the growth of the Poly (Butylene Adipate-Co-Terephthalate) Market.

    Regulatory Support for Sustainable Materials

    Government regulations promoting the use of sustainable materials are shaping the Poly (Butylene Adipate-Co-Terephthalate) Market. Many countries are implementing stricter regulations on plastic waste and encouraging the adoption of biodegradable alternatives. This regulatory environment is fostering innovation and investment in the development of sustainable materials, including Poly (Butylene Adipate-Co-Terephthalate). For example, initiatives aimed at reducing single-use plastics are likely to increase demand for biodegradable options, thereby enhancing the market potential for Poly (Butylene Adipate-Co-Terephthalate). As regulations evolve, companies that align their product offerings with these mandates may experience increased market share and consumer loyalty, further driving the growth of the Poly (Butylene Adipate-Co-Terephthalate) Market.

    Market Segment Insights

    By Application: Composite Bags (Largest) vs. Mulch Films (Fastest-Growing)

    In the Poly (Butylene Adipate-Co-Terephthalate) Market, application segments are characterized by diverse functionalities, with 'Composite Bags' currently holding the largest share. This segment benefits from its robust structure, catering to various industrial and consumer needs. Meanwhile, 'Mulch Films' are rapidly gaining traction due to their eco-friendly properties, aligning with the increasing demand for sustainable agricultural practices.

    Composite Bags (Dominant) vs. Mulch Films (Emerging)

    Composite Bags play a crucial role in the Poly (Butylene Adipate-Co-Terephthalate) Market as a dominant segment, providing superior strength and versatility for packaging various goods. Their demand is propelled by their multi-layered construction, which offers protection against moisture and UV radiation. On the other hand, Mulch Films are emerging as a significant segment, driven by the rise in organic farming and environmental awareness. These films not only assist in weed control but also improve soil moisture retention and temperature regulation, making them an attractive choice for farmers aiming for sustainable practices. This combination of environmental benefits and practical applications is fueling their rapid growth.

    By End Use: Packaging (Largest) vs. Agriculture & Fishery (Fastest-Growing)

    In the Poly (Butylene Adipate-Co-Terephthalate) market, the packaging segment holds the largest share, driven by its increasing demand for sustainable and biodegradable materials. This segment benefits from broad applications ranging from consumer products to industrial uses, thus creating a robust market foundation. Conversely, sectors like agriculture and fishery, while smaller, are witnessing rapid growth as they adopt eco-friendly alternatives. These applications are becoming more prominent due to rising awareness of environmental issues and regulations favoring biodegradable materials.

    Packaging: Dominant vs. Agriculture & Fishery: Emerging

    The packaging segment of Poly (Butylene Adipate-Co-Terephthalate) is solidly established, leveraging the shift towards sustainable materials in diverse consumer goods. Its dominant market position stems from the material's superior properties, such as flexibility and durability, making it ideal for packaging solutions. In contrast, the agriculture and fishery segment presents itself as an emerging opportunity, with significant potential for growth. The increasing demand for biodegradable films and nets reflects a broader trend towards sustainable agriculture practices. This segment is fueled by innovations that enhance the material's water resistance and tensile strength, catering specifically to industry needs while supporting environmental sustainability.

    Get more detailed insights about Poly (Butylene Adipate-Co-Terephthalate) Market

    Regional Insights

    North America : Innovation and Sustainability Focus

    The North American Poly (Butylene Adipate-Co-Terephthalate) market is driven by increasing demand for sustainable materials and innovations in bioplastics. The region holds approximately 35% of the global market share, making it the largest market. Regulatory support for eco-friendly products and rising consumer awareness are significant growth catalysts. Companies are investing in R&D to enhance product performance and sustainability. The United States and Canada are the leading countries in this market, with major players like BASF SE and DuPont de Nemours Inc. dominating the landscape. The competitive environment is characterized by strategic partnerships and collaborations aimed at expanding product offerings. The presence of established chemical manufacturers further strengthens the market, ensuring a robust supply chain and innovation pipeline.

    Europe : Regulatory Support and Innovation

    Europe is witnessing a significant rise in the Poly (Butylene Adipate-Co-Terephthalate) market, driven by stringent environmental regulations and a strong push for sustainable materials. The region accounts for about 30% of the global market share, making it the second-largest market. The European Union's Green Deal and various national initiatives are fostering innovation and adoption of bioplastics, enhancing market growth. Leading countries in this region include Germany, France, and the Netherlands, where companies like BASF SE and SABIC are key players. The competitive landscape is marked by a focus on sustainability and circular economy principles. Collaborations between manufacturers and research institutions are common, aimed at developing advanced materials that meet regulatory standards and consumer expectations.

    Asia-Pacific : Emerging Market Potential

    The Asia-Pacific region is emerging as a significant player in the Poly (Butylene Adipate-Co-Terephthalate) market, driven by rapid industrialization and increasing demand for eco-friendly materials. This region holds approximately 25% of the global market share. Countries like China and Japan are leading the charge, supported by government initiatives promoting sustainable practices and materials in manufacturing. China is the largest market in the region, with a growing number of local manufacturers entering the space. Key players such as Mitsubishi Chemical Corporation and LG Chem Ltd are expanding their operations to meet rising demand. The competitive landscape is evolving, with a focus on innovation and cost-effective production methods, positioning Asia-Pacific as a vital hub for future growth in the bioplastics sector.

    Middle East and Africa : Resource-Rich Opportunities

    The Middle East and Africa region is gradually developing its Poly (Butylene Adipate-Co-Terephthalate) market, driven by increasing investments in the chemical sector and a growing focus on sustainability. This region currently holds about 10% of the global market share. The demand for bioplastics is rising, supported by government initiatives aimed at reducing plastic waste and promoting eco-friendly alternatives. Countries like South Africa and Saudi Arabia are at the forefront of this market, with key players such as SABIC and local manufacturers expanding their product lines. The competitive landscape is characterized by a mix of established companies and emerging players, all striving to capitalize on the growing demand for sustainable materials in various applications, including packaging and automotive.

    Key Players and Competitive Insights

    The Poly (Butylene Adipate-Co-Terephthalate) Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for sustainable materials and innovative applications across various industries. Key players such as BASF SE (Germany), DuPont de Nemours Inc (US), and Mitsubishi Chemical Corporation (Japan) are strategically positioning themselves through a combination of technological advancements and regional expansions. BASF SE (Germany) has focused on enhancing its product portfolio with bio-based alternatives, while DuPont de Nemours Inc (US) emphasizes innovation in polymer applications. Mitsubishi Chemical Corporation (Japan) appears to be leveraging partnerships to strengthen its market presence, collectively shaping a competitive environment that prioritizes sustainability and innovation.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market structure is moderately fragmented, with several players vying for market share. This fragmentation allows for niche players to emerge, yet the collective influence of major companies like SABIC (Saudi Arabia) and Eastman Chemical Company (US) remains significant, as they drive technological advancements and set industry standards.

    In August 2025, BASF SE (Germany) announced a strategic partnership with a leading bioplastics firm to develop new sustainable materials derived from renewable resources. This collaboration is expected to enhance BASF's capabilities in producing eco-friendly alternatives, aligning with global sustainability goals and responding to consumer demand for greener products. The strategic importance of this partnership lies in its potential to position BASF as a leader in the sustainable materials sector, thereby enhancing its competitive edge.

    In September 2025, DuPont de Nemours Inc (US) launched a new line of Poly (Butylene Adipate-Co-Terephthalate) products specifically designed for the automotive industry. This move is indicative of DuPont's commitment to innovation and its focus on high-performance applications. By catering to the automotive sector, DuPont not only diversifies its product offerings but also taps into a lucrative market that increasingly prioritizes lightweight and durable materials, thus reinforcing its market position.

    In July 2025, Mitsubishi Chemical Corporation (Japan) expanded its production capacity for Poly (Butylene Adipate-Co-Terephthalate) in response to rising global demand. This expansion is crucial as it allows the company to meet the needs of various industries, including packaging and textiles, while also enhancing its operational efficiency. The strategic importance of this capacity increase lies in its potential to solidify Mitsubishi's market share and improve its responsiveness to customer demands.

    As of October 2025, current competitive trends in the Poly (Butylene Adipate-Co-Terephthalate) Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing supply chain reliability. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements and sustainable practices, suggesting that companies that prioritize innovation and reliability will be better positioned for success in this rapidly changing market.

    Key Companies in the Poly (Butylene Adipate-Co-Terephthalate) Market market include

    Industry Developments

    • Q2 2024: BASF and Red Avenue New Materials Group open new PBAT plant in Shanghai BASF and Red Avenue New Materials Group inaugurated a new polybutylene adipate-co-terephthalate (PBAT) production facility in Shanghai, China, aiming to meet growing demand for biodegradable plastics in the Asia-Pacific region.
    • Q1 2024: Novamont appoints new CEO to accelerate bioplastics expansion Novamont, a leading producer of PBAT-based bioplastics, announced the appointment of a new CEO to drive its international growth strategy and strengthen its position in the biodegradable plastics market.
    • Q2 2024: SK Geo Centric and Kolon Industries sign PBAT supply agreement SK Geo Centric and Kolon Industries entered into a long-term supply agreement for PBAT, supporting Kolon's expansion in sustainable packaging and agricultural films.
    • Q3 2024: Lotte Chemical announces $100 million investment in PBAT production Lotte Chemical revealed plans to invest $100 million in expanding its PBAT manufacturing capacity in South Korea, targeting increased demand for compostable plastics in global markets.
    • Q2 2024: BASF launches new ecoflex PBAT grade for food packaging BASF introduced a new grade of its ecoflex PBAT designed specifically for food packaging applications, offering improved mechanical properties and compostability.
    • Q1 2025: China’s Yifan New Material secures government approval for PBAT plant expansion Yifan New Material received regulatory approval to double the capacity of its PBAT production facility in Jiangsu province, responding to surging domestic and export demand.
    • Q2 2025: TotalEnergies Corbion and NatureWorks announce PBAT technology partnership TotalEnergies Corbion and NatureWorks formed a strategic partnership to co-develop advanced PBAT blends for use in flexible packaging and agricultural films.
    • Q3 2024: Indorama Ventures completes acquisition of PBAT assets from Chinese manufacturer Indorama Ventures finalized the acquisition of PBAT production assets from a major Chinese manufacturer, expanding its footprint in the biodegradable plastics sector.
    • Q2 2024: BASF and Xinjiang Blue Ridge Tunhe sign PBAT joint venture agreement BASF and Xinjiang Blue Ridge Tunhe entered into a joint venture to build a new PBAT plant in China, aiming to supply the growing market for compostable plastics.
    • Q1 2025: Kingfa Sci & Tech launches new PBAT-based mulch film for agriculture Kingfa Sci & Tech introduced a new PBAT-based biodegradable mulch film targeting the agricultural sector, with improved performance and environmental benefits.
    • Q2 2025: LG Chem announces $200 million PBAT facility in Ulsan LG Chem unveiled plans to construct a $200 million PBAT manufacturing facility in Ulsan, South Korea, to meet rising global demand for biodegradable plastics.
    • Q3 2025: Mitsubishi Chemical Group secures major PBAT supply contract with European retailer Mitsubishi Chemical Group signed a multi-year contract to supply PBAT to a leading European retailer for use in private-label compostable packaging products.

    Future Outlook

    Poly (Butylene Adipate-Co-Terephthalate) Market Future Outlook

    The Poly (Butylene Adipate-Co-Terephthalate) Market is projected to grow at a 7.89% CAGR from 2024 to 2035, driven by increasing demand for sustainable materials and advancements in production technologies.

    New opportunities lie in:

    • Development of biodegradable packaging solutions for consumer goods.
    • Investment in R&D for enhanced material properties and applications.
    • Expansion into emerging markets with tailored product offerings.

    By 2035, the market is expected to solidify its position as a leader in sustainable polymer solutions.

    Market Segmentation

    Poly (Butylene Adipate-Co-Terephthalate) Market End Use Outlook

    • Packaging
    • Agriculture & Fishery
    • Consumer Goods
    • Coatings

    Poly (Butylene Adipate-Co-Terephthalate) Market Application Outlook

    • Composite Bags
    • Bin Bags
    • Mulch Films
    • Cling Films
    • Stabilizers

    Report Scope

    MARKET SIZE 20241.74(USD Billion)
    MARKET SIZE 20251.877(USD Billion)
    MARKET SIZE 20354.013(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)7.89% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for biodegradable materials enhances opportunities in the Poly (Butylene Adipate-Co-Terephthalate) Market.
    Key Market DynamicsRising demand for sustainable materials drives innovation and competition in the Poly (Butylene Adipate-Co-Terephthalate) market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

    Leave a Comment

    FAQs

    What is the projected market valuation for Poly (Butylene Adipate-Co-Terephthalate) by 2035?

    The projected market valuation for Poly (Butylene Adipate-Co-Terephthalate) is expected to reach 4.013 USD Billion by 2035.

    What was the market valuation for Poly (Butylene Adipate-Co-Terephthalate) in 2024?

    The overall market valuation for Poly (Butylene Adipate-Co-Terephthalate) was 1.74 USD Billion in 2024.

    What is the expected CAGR for the Poly (Butylene Adipate-Co-Terephthalate) market during the forecast period?

    The expected CAGR for the Poly (Butylene Adipate-Co-Terephthalate) market during the forecast period 2025 - 2035 is 7.89%.

    Which companies are considered key players in the Poly (Butylene Adipate-Co-Terephthalate) market?

    Key players in the market include BASF SE, DuPont de Nemours Inc, Mitsubishi Chemical Corporation, and Eastman Chemical Company.

    What application segment is projected to have the highest valuation by 2035?

    The Composite Bags application segment is projected to reach a valuation of 1.2 USD Billion by 2035.

    How much is the Consumer Goods segment expected to grow by 2035?

    The Consumer Goods segment is expected to grow to 1.4 USD Billion by 2035.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions