The Global Poly (Butylene Adipate-Co-Terephthalate) Market is valued at approximately USD 1.73 billion in 2024 and is expected to register a robust compound annual growth rate (CAGR) of 7.89% over the forecast period 2025 to 2035. Poly (Butylene Adipate-Co-Terephthalate), commonly known as PBAT, has swiftly carved a niche for itself as an eco-friendly, biodegradable alternative to traditional petroleum-based plastics. Its unique blend of flexibility, compostability, and thermoplastic characteristics positions it as a preferred material across diverse sectors, particularly in single-use and packaging applications. As environmental regulations tighten and consumer sentiment swings dramatically toward sustainability, PBAT emerges as a linchpin material in the quest to transition from a linear to a circular plastics economy.
Key market drivers shaping this transition include surging demand for biodegradable packaging in foodservice, retail, and agriculture, driven by growing bans on single-use plastics and a push for compostable alternatives. From mulch films improving crop yield while decomposing in soil, to cling films and composite bags catering to compostable packaging mandates, PBAT's use cases are expanding rapidly. Moreover, technological breakthroughs in polymer blends and manufacturing techniques are enhancing its mechanical strength and processability. However, its relatively high production costs, limited commercial-scale feedstock availability, and lack of widespread composting infrastructure in emerging markets are obstacles that continue to restrain its mainstream adoption.
From a regional standpoint, Europe held a significant market share in 2025, largely attributed to its progressive regulatory landscape and aggressive decarbonization goals under the EU Green Deal. Countries like Germany, France, and Italy have heavily incentivized the production and consumption of bio-based polymers. North America is also advancing steadily, bolstered by innovation in sustainable consumer packaging and active government support for green chemistry. However, the Asia Pacific region is poised to dominate future growth, fueled by rapid industrial expansion, environmental consciousness in nations such as China, Japan, and India, and increasing investment in bioplastics R&D and composting infrastructure.
Major market player included in this report are:
- BASF SE
- Eastman Chemical Company
- Novamont S.p.A.
- NatureWorks LLC
- Mitsubishi Chemical Group Corporation
- SK Global Chemical Co., Ltd.
- JinHui ZhaoLong High Technology Co., Ltd.
- FKuR Kunststoff GmbH
- Anqing Hexing Chemical Co., Ltd.
- Kingfa Sci. & Tech. Co., Ltd.
- BioSphere Plastic LLC
- Biotech Energy Inc.
- Zhejiang Hisun Biomaterials Co., Ltd.
- Lotte Fine Chemical Co., Ltd.
- Tianan Biologic Material Co., Ltd.
Global Poly (Butylene Adipate-Co-Terephthalate) Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
By Application:
- Composite Bags
- Bin Bags
- Mulch Films
- Cling Films
- Stabilizers
By End Use:
- Packaging
- Agriculture & Fishery
- Consumer Goods
- Coating
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Poly (Butylene Adipate-Co-Terephthalate) Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top-Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumptions
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
Chapter 3. Global Poly (Butylene Adipate-Co-Terephthalate) Market Forces Analysis
- 3.1. Market Forces Shaping the Global Poly (Butylene Adipate-Co-Terephthalate) Market 2024-2035
- 3.2. Drivers
- 3.2.1. Surging Demand for Biodegradable Packaging
- 3.2.2. Regulatory Bans on Single-Use Plastics
- 3.3. Restraints
- 3.3.1. High Production and Feedstock Costs
- 3.3.2. Limited Composting Infrastructure
- 3.4. Opportunities
- 3.4.1. Technological Advances in Polymer Blends
- 3.4.2. Expansion of Circular Economy Initiatives
Chapter 4. Global PBAT Industry Analysis
- 4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Buyers
- 4.1.2. Bargaining Power of Suppliers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's Five Forces Forecast Model 2024-2035
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies 2025
- 4.6. Market Share Analysis 2024-2025
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Poly (Butylene Adipate-Co-Terephthalate) Market Size & Forecasts by Application 2025-2035
- 5.1. Market Overview
- 5.2. Composite Bags
- 5.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.2.2. Market-size Analysis, by Region, 2025-2035
- 5.3. Bin Bags
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market-size Analysis, by Region, 2025-2035
- 5.4. Mulch Films
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market-size Analysis, by Region, 2025-2035
- 5.5. Cling Films
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market-size Analysis, by Region, 2025-2035
- 5.6. Stabilizers
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market-size Analysis, by Region, 2025-2035
Chapter 6. Global Poly (Butylene Adipate-Co-Terephthalate) Market Size & Forecasts by End Use 2025-2035
- 6.1. Market Overview
- 6.2. Packaging
- 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.2.2. Market-size Analysis, by Region, 2025-2035
- 6.3. Agriculture & Fishery
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market-size Analysis, by Region, 2025-2035
- 6.4. Consumer Goods
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market-size Analysis, by Region, 2025-2035
- 6.5. Coating
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market-size Analysis, by Region, 2025-2035
Chapter 7. Global Poly (Butylene Adipate-Co-Terephthalate) Market Size & Forecasts by Region 2025-2035
- 7.1. Global Poly (Butylene Adipate-Co-Terephthalate) Market, Regional Snapshot
- 7.2. Top Leading & Emerging Countries
- 7.3. North America Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.3.1. U.S. Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.3.1.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.3.1.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.3.2. Canada Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.3.2.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.3.2.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4. Europe Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.1. UK Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.1.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.1.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4.2. Germany Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.2.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.2.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4.3. France Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.3.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.3.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4.4. Spain Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.4.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.4.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4.5. Italy Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.5.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.5.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.4.6. Rest of Europe Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.4.6.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.6.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5. Asia Pacific Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.1. China Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.1.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.1.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5.2. India Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.2.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.2.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5.3. Japan Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.3.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.3.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5.4. Australia Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.4.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.4.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5.5. South Korea Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.5.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.5.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.5.6. Rest of Asia Pacific Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.5.6.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.6.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.6. Latin America Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.6.1. Brazil Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.6.1.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.6.1.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.6.2. Mexico Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.6.2.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.6.2.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.7. Middle East & Africa Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.7.1. UAE Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.7.1.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.1.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.7.2. Saudi Arabia Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.7.2.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.2.2. End-Use Breakdown Size & Forecasts, 2025-2035
- 7.7.3. South Africa Poly (Butylene Adipate-Co-Terephthalate) Market
- 7.7.3.1. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.3.2. End-Use Breakdown Size & Forecasts, 2025-2035
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. BASF SE
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Portfolio
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
- 8.3. Eastman Chemical Company
- 8.4. Novamont S.p.A.
- 8.5. NatureWorks LLC
- 8.6. Mitsubishi Chemical Group Corporation
- 8.7. SK Global Chemical Co., Ltd.
- 8.8. JinHui ZhaoLong High Technology Co., Ltd.
- 8.9. FKuR Kunststoff GmbH
- 8.10. Anqing Hexing Chemical Co., Ltd.
- 8.11. Kingfa Sci. & Tech. Co., Ltd.