Polybutylene Adipate Terephthalate(PBAT)的全球市場(2021年∼2028年)
Global Polybutylene Adipate Terephthalate (PBAT) Market - 2021-2028
Polybutylene Adipate Terephthalate(PBAT)通常作為低密度聚乙烯的完全生物分解性的替代品銷售，具有許多相關特性，例如耐用性和強度，使其可用於廣泛的應用，包括塑膠袋和包裝。
全球聚己二酸對苯二甲酸丁二醇酯 (PBAT) 市場受到不同終端用戶行業對 PBAT 需求顯著成長的推動。各包裝行業對生物分解性包裝的需求不斷增加，加上政府對綠色採購的限制和政策不斷增加，這些都是引發 PBAT 市場成長的重要因素。與市場上其他材料相比，PBAT 具有優異的性能，因此不同終端用戶對 PBAT 的需求不斷成長 。
本報告提供全球Polybutylene Adipate Terephthalate(PBAT)市場的相關調查，市場規模，機會和影響，成長及阻礙因素，COVID-19的影響，各用途、終端用戶、地區的市場分析，競爭情形，主要企業的簡介等資訊。
Global Polybutylene Adipate Terephthalate (PBAT) Market Overview
The global polybutylene adipate terephthalate (PBAT) market was worth US$ XX billion in 2020 and is estimated to show growth by reaching up to US$ XX billion by 2028, growing at a CAGR of XX% between the forecast period (2021-2028).
The biodegradable random copolymer PBAT (short for polybutylene adipate terephthalate) is a copolyester of adipic acid, 1,4-butanediol terephthalic acid (from dimethyl terephthalate). It is also called poly(butylene adipate-co-terephthalate), polybutyrate-adipate-terephthalate(a misnomer) or polybutyrate. It is commonly marketed as a completely biodegradable alternative to low-density polyethylene, with many related properties such as durability and strength, allowing it to be used for a wide range of applications, including plastic bags and wraps.
Furthermore, it is more versatile than other biodegradable polyesters, such as polybutylene succinate and polypropylene succinate, with tensile strengths of 32-36 MPa, Young's modulus of 20-35 MPa, and elongation at break (close to 700%). (lactic acid). These properties are comparable to those of low-density polyethylene (LDPE). They make PBAT a promising biodegradable material for various applications, including packaging, medical devices, and agricultural films.
PBAT has been identified as a good candidate for BP, but its lower mechanical properties than traditional plastics have restricted its use in many applications. Other uses for PBAT include consumer products, coatings, agriculture and fisheries, and packaging. PBAT is also used to make cling films, stabilizers, composite bags, bin bags, mulch films, and other items. In the food packaging industry, PBAT has a wide range of applications.
Polybutylene Adipate Terephthalate (PBAT) Dynamics
The global polybutylene adipate terephthalate (PBAT) market is driven by the significantly growing demand for PBAT among different end-user industries. Increasing demand for biodegradable packaging from different packaging industries coupled with rising government restrictions and policies towards green procurement the vital factors triggering the growth of the PBAT market
Growing demand for PBAT among different end-users owing to its excellent properties as compared to other materials available in market
PBAT is classified as a random copolymer due to its random structure, which can not crystallize to any substantial extent because there's no structural order. This leads to several physical properties such as large melting points, low elastic modulus and stiffness, and high flexibility and toughness. The polymer's versatility and hardness make it suitable for blending with a solid and rigid biodegradable polymer for bottle processing. Other uses for PBAT include consumer products, sporting goods, coatings, carpets, foam materials, electronics, agriculture and fisheries, and packaging. PBAT is also used to make cling films, stabilizers, composite bags, bin bags, mulch films, and other items. In the food packaging industry, PBAT has a wide range of applications. PBAT is also being investigated as a component in antimicrobial films. The antimicrobial agent is integrated during the processing of such films, with PBAT serving as the film's bulk. Antimicrobial films can be used in food packaging to prevent bacterial growth, allowing food to be safely preserved.
Increasing demand for biodegradable packaging from different packaging industries and rising government restrictions and policies towards green procurement are the vital factors triggering the PBAT market's growth in recent times.
PBAT offers various benefits, such as increased resistance and elasticity to water vapor and heat and some permeability. However, since they are biodegradable or recyclable to produce heat energy or reuse as a material, their environmental benefits will become more significant in the future. Furthermore, growing consumer awareness of using green plastics in these application segments would offer new opportunities for the global PBAT market. PBAT is advertised as completely biodegradable plastic, with BASF's ecoflex demonstrating 90 percent degradation in testing after 80 days. Cling wrap for food packaging, compostable plastic bags for gardening and agricultural use, and water-resistant coatings for other products, such as paper cups, are some of the applications illustrated by the manufacturers.
COVID-19 Impact Analysis
The COVID-19 pandemic has wreaked havoc on a variety of industries and companies. The demand for PBATs is no exception. The PBAT market has been seriously hampered by the lockdown restrictions imposed by several countries. The closure of manufacturing units and production facilities and border controls resulted in decreased PBAT production and demand. As a result, the pandemic could reduce the PBAT market's growth rate to some degree. The PBAT industry, on the other hand, has benefited greatly from the relaxation of lockdown. The resumption of manufacturing operations presents a golden opportunity for the PBAT market to expand.
Polybutylene Adipate Terephthalate (PBAT) Market Segment Analysis
The global polybutylene adipate terephthalate (PBAT) market is segmented based on application end-users and region.
The global polybutylene adipate terephthalate (PBAT) market is segmented into packaging, consumer goods, agriculture, fishery, and coatings based on end-users. The packaging industry is the largest plastic material, and traditional non-biodegradable polymers are commonly used in this area due to their attractive properties. However, due to their low biodegradability, they become a major source of waste after use. Using biodegradable polymers for packaging applications is a successful technique for reducing plastic waste sent to landfills while also facilitating bio-waste collection and organic recycling, thus reducing plastics disposal issues. The biodegradable random copolymer Poly (butylene adipate-co-terephthalate) (PBAT) comprises aromatic and aliphatic chains. PBAT stands out among biodegradable polymers because of its high ductility and durability, making it ideal for packaging applications, including plastic bags and wraps. Furthermore, the melt blending of PBAT with another bioplastic could represent an effective and economical way to improve its properties without compromising its biodegradability.
Polybutylene Adipate Terephthalate (PBAT) Market Geographical Analysis
High consumption of PBAT in food packaging industries in the Asia-Pacific region is creating a huge opportunity for the PBAT market to increase in the forecast period
European countries hold the huge consumption of PBAT, followed by the Asia Pacific due to enormous food packaging industries' consumption. The government is also taking required measures to reduce plastic usage as non-biodegradable plastic has proved detrimental to the environment's health by causing various ill-effects such as soil pollution, landfill, and soil fertility loss. The above step has created huge opportunities for biodegradable packaging in the region. Various key players in Asia-Pacific are inclined towards adopting eco-friendly and sustainable packaging material over other packaging materials available in the market. Since PBAT is widely used in end-use industries, demand for it is expected to rise in developing Latin American countries.
Polybutylene Adipate Terephthalate (PBAT) Market Competitive Landscape
The polybutylene adipate terephthalate (PBAT) market is highly competitive with local and global companies. Some of the key players contributing to the market's growth include Lotte Fine Chemical Co., Ltd, BASF SE, Jinhui Zhaolong High Technology, Jiangsu Torise biomaterials co., Ltd, Novamont SpA, SK Chemicals, Eastman Chemical Company, Willeap, and among others.
The major players are adopting several growth strategies such as product launches, acquisitions and collaborations, contributing to the polybutylene adipate terephthalate (PBAT) market globally. The key players are favoring expansion as a growth strategy to build their business.
Overview: BASF SE is one of the growing German multinational chemical corporations that is the world's largest chemical manufacturer. The company is branched in Europe, Asia, Australia, the Americas, Africa, and joint ventures in over 80 countries and operates in six integrated production sites and 390 other production sites.
Ecoflex: It is the first biodegradable and certified compostable polymer launched by BASF on a fossil basis and in the market for more than two decades. Ecoflex is the ideal blend component for bioplastics which is elastic as well as water and tear-resistant. Furthermore, the product is printable, weldable and suitable for food contact
The global polybutylene adipate terephthalate (PBAT) market report would provide access to a 47 market data table, 45 figures and 240 pages.
Target Audience 2022
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