Polybutylene Adipate Terephthalate (PBAT) Market

By Application;

Films, Sheets & Bin Liners, Coatings & Adhesives, Molded Products and Fibers

By End-Use;

Packaging, Consumer Goods, Agriculture and Biomedical

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn838935621 Published Date: August, 2025 Updated Date: September, 2025

Polybutylene Adipate Terephthalate (PBAT) Market Overview

Polybutylene Adipate Terephthalate (PBAT) Market (USD Million)

Polybutylene Adipate Terephthalate (PBAT) Market was valued at USD 440.30 million in the year 2024. The size of this market is expected to increase to USD 716.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.


Polybutylene Adipate Terephthalate (PBAT) Market

*Market size in USD million

CAGR 7.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.2 %
Market Size (2024)USD 440.30 Million
Market Size (2031)USD 716.33 Million
Market ConcentrationMedium
Report Pages312
440.30
2024
716.33
2031

Major Players

  • BASF SA
  • K.D Feddersen
  • Shanxi Junhui group
  • DuPont
  • Eastmen Chemicals
  • Huaian Ruanke Trade Co, ltd
  • Lotte fine Chemicals
  • Novamont S.P.A
  • Eastman Chemicals Company
  • Willeap

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polybutylene Adipate Terephthalate (PBAT) Market

Fragmented - Highly competitive market without dominant players


The Polybutylene Adipate Terephthalate (PBAT) Market is expanding rapidly as industries embrace sustainable solutions. Over 45% of consumers now prefer biodegradable packaging, positioning PBAT as a vital alternative to traditional plastics. Its ability to blend with other bioplastics increases flexibility, making it highly adaptable for packaging, agriculture, and consumer product applications.

Environmental Awareness Driving Growth
The global concern over plastic waste is creating a significant boost in PBAT adoption. More than 50% of corporations are actively shifting to eco-conscious materials, with PBAT standing out for its balance between durability and biodegradability. This increasing demand highlights PBAT’s growing role as a cornerstone in sustainable manufacturing practices.

Innovation Enhancing PBAT Adoption
New technological improvements are transforming PBAT production, with approximately 40% of producers implementing advanced polymerization techniques. These innovations enhance material performance and lower production costs, making PBAT more accessible for large-scale applications. This technological edge is strengthening its competitiveness against conventional plastic materials.

Diverse Industry Applications
PBAT’s ability to integrate seamlessly with other biodegradable materials has led to broader applications. Nearly 35% of packaging firms are already incorporating PBAT to comply with green standards. Its adoption in agricultural films and consumer product packaging underlines its versatility and expanding industrial footprint.

Regulatory Support Boosting Market Expansion
Policies promoting biodegradable plastics are playing a crucial role in PBAT’s growth trajectory. More than 55% of global regulations now encourage reduced use of single-use plastics, accelerating the adoption of PBAT. This combination of policy backing and consumer preference is ensuring consistent growth and long-term sustainability for the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Polybutylene Adipate Terephthalate (PBAT) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental regulations
        2. Shift towards sustainable packaging
        3. Consumer awareness
        4. Technological advancements
      2. Restraints
        1. Cost competitiveness
        2. Performance limitations
        3. Recycling challenges
        4. Regulatory uncertainties
      3. Opportunities
        1. Biodegradable films
        2. Food packaging
        3. Partnership collaborations
        4. Expansion in agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Polybutylene Adipate Terephthalate (PBAT) Market, By Grade, 2021 - 2031 (USD Million)

      1. Extrusion Grade

      2. Thermoforming Grade

      3. Others

    2. Polybutylene Adipate Terephthalate (PBAT) Market, By Application, 2021 - 2031 (USD Million)
      1. Composite Bags
      2. Cling Films
      3. Bin Bags
      4. Medical Clothing
    3. Polybutylene Adipate Terephthalate (PBAT) Market, By End-Use, 2021 - 2031 (USD Million)
      1. Packaging
      2. Agriculture
      3. Fishery
      4. Consumer Goods
      5. Coatings
    4. Polybutylene Adipate Terephthalate (PBAT) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SA
      2. K.D Feddersen
      3. Shanxi Junhui group
      4. DuPont
      5. Eastmen Chemicals
      6. Huaian Ruanke Trade Co, ltd
      7. Lotte fine Chemicals
      8. Novamont S.P.A
      9. Eastman Chemicals Company
      10. Willeap
  7. Analyst Views
  8. Future Outlook of the Market