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Polybutylene Adipate Terephthalate Resin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23106
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Polybutylene Adipate Terephthalate Resin Prices March 2024
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Polybutylene Adipate Terephthalate Resin | Polymer & Resin | USA | 2530 USD/MT |
| Polybutylene Adipate Terephthalate Resin | Polymer & Resin | China | 1520 USD/MT |
| Polybutylene Adipate Terephthalate Resin | Polymer & Resin | Europe | 2420 USD/MT |
| Polybutylene Adipate Terephthalate Resin | Polymer & Resin | South East Asia | 2740 USD/MT |
The price of polybutylene adipate terephthalate resin in the USA for Q1 2024 reached 2530 USD/MT in March.
The price trend for polybutylene adipate terephthalate resin in China reached 1520 USD/MT in March 2024.
In Europe, polybutylene adipate terephthalate resin prices reached 2420 USD/MT in Q1 2024.
Southeast Asia’s polybutylene adipate terephthalate resin prices reached 2740 USD/MT in Q1 2024.
Polybutylene Adipate Terephthalate Resin Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Polybutylene Adipate Terephthalate Resin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polybutylene adipate terephthalate resin pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of polybutylene adipate terephthalate resin at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polybutylene adipate terephthalate resin price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing polybutylene adipate terephthalate resin price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Polybutylene Adipate Terephthalate Resin Market Analysis
The global polybutylene adipate terephthalate resin market size reached 474.2 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 808.0 Thousand Tons, at a projected CAGR of 6.10% during 2023-2032.
- Polybutylene adipate terephthalate (PBAT) resin is a degradable and compostable polymer that has developed its noteworthiness in the packaging field. Since the polymer has high flexibility and superior strength, it is majorly used in making films, bags, and wrappers. The manufactured products offer an environmental-friendly alternative to conventional plastics. The biodegradability of PBAT ensures that products made from this raw material are submitted to industrial composting conditions and they degrade very fast. Moreover, this nature is further required in the preparation of agricultural films that are used in the process of mulching. Once hauled, PBAT films are plowed back into the earth where they decompose harmoniously, free of environmental hazards. The global agricultural films market has the potential to rise up to US$ 17.5 Billion by 2032, based on the information provided by the IMARC Group.
- The market is mainly driven by the increasing use of PBAT resin in disposable consumer items embraced in daily life, such as shopping bags, garbage bags, and food packaging. The outstanding mechanical properties, including high tear resistance and flexibility, contribute to the fact that the items are strong enough for long-term exploitation and convenient enough for comfortable usage. In addition, PBAT can be blended with other degradable resins such as polylactic acid and starch, which contributes to the improvement of physical properties and the expansion of the area of application. Therefore, this material makes a valuable contribution to the need for end use conditions of the packaging market and the transition to products that meet the demand for operability and the requirements for environmental protection. According to the 2023 Buying Green Report presented by Trivium Packaging, 82% of consumers across age demographics showed a willingness to pay extra for sustainable packaging.
- PBAT resin is becoming more and more widespread in the medical sector for biodegradable applications, in particular, surgical sutures. It is used in disposable medical clothing and sheets too as it provides hygiene and safety in medical zones.
Polybutylene Adipate Terephthalate Resin News
The report covers the latest developments, updates, and trends impacting the global polybutylene adipate terephthalate resin market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in polybutylene adipate terephthalate resin production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polybutylene adipate terephthalate resin price trend.
Latest developments in the polybutylene adipate terephthalate resin industry:
- August 2022: Reliance Industries announced the development of a bio-degradable and compostable polymer- Polybutylene Adipate Terephthalate (PBAT) to replace fossil fuel based raw materials with an eco-friendly alternative.
- February 2022: An Phat Holdings Group declared the construction of a US$ 120 million compostable resin factory. This factory is the first and largest polybutylene adipate terephthalate resin compostable resin factory in Southeast Asia.
Product Description
Polybutylene adipate terephthalate (PBAT) resin is a type of copolyester made of polybutylene, adipate, and terephthalate. It is highly regarded for its biodegradability and mechanical properties. It is highly pliable and can easily be shaped and refashioned into any shape and form. PBAT resin is also processable by normal means of plastic processing, such as injection, extrusion, and blow molding, and can, therefore, be easily incorporated into already existing means of fabricating items. It offers a biodegradable solution to the environmental problems related to producing normal plastics. Its high mechanical properties can replace most practical applications. It is utilized in textiles for clothing, upholstery, and other uses that require a balance of longevity and ability to decompose.
Regional Coverage
The report provides a detailed analysis of the polybutylene adipate terephthalate resin market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the polybutylene adipate terephthalate resin price trend.
Global Polybutylene Adipate Terephthalate Resin Price
The report offers a holistic view of the global polybutylene adipate terephthalate resin pricing trends in the form of polybutylene adipate terephthalate resin price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of polybutylene adipate terephthalate resin but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed polybutylene adipate terephthalate resin demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Polybutylene Adipate Terephthalate Resin Price
European enoxaparin sodium prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed polybutylene adipate terephthalate resin price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Polybutylene Adipate Terephthalate Resin Price
The analysis of enoxaparin sodium prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific polybutylene adipate terephthalate resin historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Polybutylene Adipate Terephthalate Resin Price
The report explores the polybutylene adipate terephthalate resin pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on polybutylene adipate terephthalate resin prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Polybutylene Adipate Terephthalate Resin Price
The enoxaparin sodium pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This polybutylene adipate terephthalate resin price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Polybutylene Adipate Terephthalate Resin Price
The analysis of polybutylene adipate terephthalate resin prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Polybutylene Adipate Terephthalate Resin |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polybutylene Adipate Terephthalate Resin Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of polybutylene adipate terephthalate resin pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting polybutylene adipate terephthalate resin price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polybutylene adipate terephthalate resin price charts ensure our clients remain at the forefront of the industry.
Need more help?
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