PBAT resin market demand increases and industry development continues to improve

Polybutylene terephthalate-adipate (PBAT resin) is a copolymer of butylene adipate (PA) and butylene terephthalate (PBT). PBAT resin combines the characteristics of PBA and PBT, and has good biodegradability, flexibility, heat resistance and impact resistance. PBAT resin has a wide range of applications, and its downstream applications include packaging films, agricultural films, plastic tableware, paper lamination, disposable utensils and other fields.

As environmental protection supervision becomes increasingly strict, the global market demand for biodegradable plastics continues to increase. It is expected that the global demand for biodegradable plastics will exceed 4.3 million tons in 2025, of which my country’s demand will reach 2.3 million tons. With the development of the biodegradable plastics market, the market demand for PBAT resin will be released, and the PBAT resin industry will have greater room for development in the future.

PBAT is one of the best biodegradable materials currently used in the market. In recent years, with the increase in market demand and the optimization of related production processes, my country’s PBAT production capacity has steadily increased. At this stage, my country’s total PBAT production capacity has reached 300,000 tons. It is expected that in the next three years, more than ten projects will release PBAT production capacity in my country, and by then my country’s PBAT production capacity will reach 2.2 million tons/year.

According to the “2021-2025 China PBAT Resin Industry Market Monitoring and Future Development Prospects Research Report released by the Industrial Research Center, In recent years, the Chinese government has attached great importance to the development of the biodegradable plastic industry. With the support of national policies, the PBAT resin market has also ushered in good development opportunities. At this stage, our country has become a major producer and exporter of PBAT resin in the world. PBAT resin products are exported to overseas markets such as Europe and North America. With the release of relevant under-construction and planned production capacity and the expansion of application fields, the scale of my country’s PBAT resin market will continue to expand and is expected to reach 3 billion yuan in 2025.

The mainstream production method of PBAT resin is the co-esterification method. The raw materials include adipic acid (AA), terephthalic acid (PTA), butylene glycol (BDO), etc. Since the production technical barriers are not high, my country currently has the ability to develop PBAT resin. The raw materials and technical conditions of the industry. Against the background of increasingly stringent environmental protection supervision, the PBAT resin market has broad development space. Attracted by the good market prospects, an increasing number of domestic companies are entering the PBAT resin market, including Shandong Yuetai Biology, Wanhua Chemical, Dawn Co., Ltd. Enterprises such as Huafeng Group, Shandong Ruifeng Polymer, Inner Mongolia Huaheng Energy Technology, Zhejiang Changhong Biology, Guang’an Hongyuan Technology and other enterprises.

Industry analysts said that in recent years, as environmental protection supervision has become increasingly strict and national policies continue to be favorable, the market for biodegradable plastics has developed Soon, the market demand for biodegradable plastics will continue to rise in the next five years. As one of the raw materials for the production of biodegradable plastics, PBAT resin will continue to see market demand. Under the background of active corporate layout and increasing market demand , the PBAT resin market has broad development space.