Increasing Use in Intelligent Packing of Fruits and Vegetables to Drive PBAT (Polybutylene Adipate Terephthalate) Market at CAGR of 8.7% during Forecast Period, States TMR Report

ALBANY, N.Y., Nov. 18, 2021 /PRNewswire/ -- The use of PBAT in the making of garbage and shopping bags is increasing. The bag making business has been evolving and growing at a rapid pace globally. The rise in population and urbanization are likely to drive the expansion of this market, which is likely to work in the favor of the global polybutylene adipate terephthalate market.

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Consumer goods business has been developing as well as flourishing for many years. Consumer goods and fast-moving customer goods (FMCG) industries respond to changing consumer trends and expectations. Digital innovation and a growing emphasis on a sustainable and healthy living are largely influencing the consumer products sector. The demand for PBAT is likely to be fuelled by a thriving consumer industry, which is likely to benefit the global PBAT (polybutylene adipate terephthalate) market in the forthcoming years.

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The global PBAT (polybutylene adipate terephthalate) market is expected to grow at a CAGR of 8.7% during the forecast period, from 2021 to 2031. The market is expected to attain a value of US$ 2 Bn through 2031. Fruit and vegetable intelligent packaging using PBAT-based biodegradable mulch films is utilized to reduce food waste. These films provide increased oxygen and water vapor transfer rates in fruit and vegetable bags.

Key Findings of Market Report

  • Biodegradable Stand-up Pouches Used for Nuts Packaging Gaining Traction among PBAT Manufacturers

Producers of PBAT are making biodegradable stand up pouches, which are used for the packing of nuts. PLA, PBAT, and cornstarch are used in these biodegradable pouches. Biodegradable and moisture-proof stand-up pouches for the purpose of food packaging are becoming more widely available from the manufacturers. As a result, food packages are expected to generate the considerable income for the global PBAT (polybutylene adipate terephthalate) market.

Antimicrobial packaging techniques extend the shelf life of food products by limiting the growth of microbes. Companies are increasing their output capacity in this domain. The demand for antimicrobial PBAT films with various quantities of chitosan nanofibers has risen as a result. Aliphatic polyester films are brittle; however, this may be solved by combining PLA with other bio-based polymers such as PBAT. Besides, PLA/PBAT/TPS/nanocrystalline cellulose (NCC) nanocomposites with superior mechanical and barrier properties can be also used in food packaging.

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  • Addition of PBAT Improves Hardness of Blends Comprising Brittle Polymer 

PBAT is a strong, ductile material that can be manufactured using standard film extrusion procedures. This aids in the production of films having LDPE (low density polyethylene)-like mechanical characteristics. In comparison with its homopolymers, however, PBAT is relatively rigid. As a result, adding PBAT to polymer blends, including brittle polymers such as thermoplastic starch (TPS) or PLA (Polylactic Acid) can help in enhancing toughness without compromising on its biodegradability.

Businesses in the global PBAT (polybutylene adipate terephthalate) market are emphasizing on developing moldable and flexible composites using PBAT and calcium carbonate. When compared to other biodegradable polymers, calcium carbonate in conjunction with PBAT is comparatively affordable. Companies, on the other hand, are boosting the production of packaging films made from a mixture of PBAT and PBS (polybutylene succinate).

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PBAT (Polybutylene Adipate Terephthalate) Market: Growth Drivers

  • Farmers all over the world are updating their agricultural practices to boost crop yields to satisfy the growing food demand and raise their farming profits. PBAT is a sustainable raw material-based biodegradable polymer. It is frequently utilized as a mulch film for soil preservation in the farming industry. As such, the global PBAT (polybutylene adipate terephthalate) market is being fuelled by the increase in the demand for PBAT in the agriculture industry.
  • For the past few years, the packaging business has been growing at a steady pace. The packaging sector has benefited significantly from the food & beverage industry. Growth of the packaged food sector is expected to drive the demand for paperboard packaging, which is likely to augur well for the market in the near future.

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PBAT (Polybutylene Adipate Terephthalate) Market: Key Competitors

Some of the key market players are

  • Go Yen Chemical Industrial Co., Ltd
  • JinHui ZhaoLong High Technology Co., Ltd.
  • Eastman Chemical Company
  • Feddersen Group
  • FillPlas Co. Ltd.
  • Chang Chun Group

PBAT [Polybutylene Adipate Terephthalate] Market: Segmentation

Type

  • Pure PBAT
  • Modified/Blended PBAT

Application

  • Shopping Bags
  • Food Packages
  • Mulch Films
  • Garbage/Bin Bags

End Use

  • Packaging
  • Agriculture & Fishery
  • Consumer Goods

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