Global PBAT (Polybutylene Adipate Terephthalate) market cagr 11.1%

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PBAT (Polybutylene Adipate Terephthalate)

Market

PBAT (Polybutylene Adipate Terephthalate) Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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PBAT (Polybutylene Adipate Terephthalate) Market

Size and Growth

The PBAT market is experiencing significant growth driven by rising demand for biodegradable plastics across various industries. With a projected market size reaching $1.8 billion by 2028, factors such as sustainability initiatives and regulatory support are shaping favorable market conditions, fostering innovation and competition among key players in the sector. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ 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

◍ Far Eastern New Century Corporation

◍ Jiangsu Torise Biomaterials

The PBAT market features key players like BASF, DuPont, and Novamont, leveraging PBAT for biodegradable plastics. Companies focus on innovation, sustainability, and expanding production capacity. Their efforts enhance market growth through product development and strategic partnerships. Notable revenues include BASF (~$85 billion) and DuPont ($21.5 billion).

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Market Segmentation

By Application

Packaging

Agriculture

Fishery

Consumer Goods

Coatings

By Product

◍ Composite Bags

Cling Films

Bin Bags

Medical Clothing

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Market Growth

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$ X Billion USD

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