The global polybutylene adipate terephthalate (pbat) market size was valued at USD 1,430.2 million in 2023 and is poised to grow at a significant CAGR of 13.5% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Polybutylene Adipate Terephthalate (PBAT) Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global Polybutylene Adipate Terephthalate (PBAT) Market segmentation:
1) By Application: Composite Bags, Coatings and Adhesive, Molded Products, Fibers, Bin Bags, Mulch Films, Cling Films, Stabilizers, Others.
2) By End-User Outlook: Packaging, Agriculture and Fishery, Consumer goods and Homecare, Biomedical, Others.
3) By Grade: Thermoforming Grade, Extrusion Grade, Others.
The primary factors of the Polybutylene Adipate Terephthalate (PBAT) Market drivers are increased preference to PBAT mulching films for its composting property. The Polybutylene Adipate Terephthalate (PBAT) Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The Polybutylene Adipate Terephthalate (PBAT) Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Polybutylene Adipate Terephthalate (PBAT) Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the Polybutylene Adipate Terephthalate (PBAT) Market key players are BASF SE, SK Chemicals, DuPont de Nemours, Inc., LyondellBasell Industries N.V., SABIC, Covestro AG, Mitsubishi Chemical Holdings Corporation, LG Chem Ltd., Feddersen Group, Novamont S.p.A., JinHui ZhaoLong High Technology Co., Ltd., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V. , Jiangsu Sanfangxiang Group Co., Ltd., Far Eastern New Century Corporation, DAK Americas, Mitsui Chemicals, Inc., Reliance Industries Limited is covered here to help them in strengthening their place in the market.
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