Global Poly Butylene Succinate (PBS) Market Growth 2024-2030

Global Poly Butylene Succinate (PBS) Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Poly Butylene Succinate (PBS) market size was valued at US$ 48 million in 2023. With growing demand in downstream market, the Poly Butylene Succinate (PBS) is forecast to a readjusted size of US$ 57 million by 2030 with a CAGR of 2.4% during review period.

The research report highlights the growth potential of the global Poly Butylene Succinate (PBS) market. Poly Butylene Succinate (PBS) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Poly Butylene Succinate (PBS). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Poly Butylene Succinate (PBS) market.

Polybutanediol is an aliphatic polyester polymerized from 1, 4-succinic acid and 1, 4-butanediol. The molecular formula is HO(CO(CH2) 2-co-o (CH2) 4-o) n-h. The molecular weight ranges from tens of thousands to hundreds of thousands. PBS is white or milky white, odorless and tasteless, and can be degraded by microorganisms in the environment. It is also a new biodegradable polymer material. PBS can use oil synthetic raw materials, can be attained by microbial fermentation production, PBS is applied to the plastic shell packaging, stuffed toys, food packaging, disposable tableware, a sexual health supplies, in areas such as biomedical polymer material, also can be used as implant materials in the body, farmland covered greenhouses with membrane, and slow release fertilizer, etc.

Global key players of Poly(butylene succinate) (PBS) include Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd, Mitsubishi Chemical, SHOWA and Anqing He Xing, etc. Top two players occupy for a share almost 100%. China is the largest market, with a share about 39%, followed by Europe and Japan. In terms of product, Petroleum Base is the largest segment, with a share over 58%. In terms of application, Food and Beverage Packaging is the largest market, with a share over 82%.

Key Features:

The report on Poly Butylene Succinate (PBS) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Poly Butylene Succinate (PBS) market. It may include historical data, market segmentation by Type (e.g., Conventional PBS, Bio-Based PBS), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Poly Butylene Succinate (PBS) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Poly Butylene Succinate (PBS) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Poly Butylene Succinate (PBS) industry. This include advancements in Poly Butylene Succinate (PBS) technology, Poly Butylene Succinate (PBS) new entrants, Poly Butylene Succinate (PBS) new investment, and other innovations that are shaping the future of Poly Butylene Succinate (PBS).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Poly Butylene Succinate (PBS) market. It includes factors influencing customer ' purchasing decisions, preferences for Poly Butylene Succinate (PBS) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Poly Butylene Succinate (PBS) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Poly Butylene Succinate (PBS) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Poly Butylene Succinate (PBS) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Poly Butylene Succinate (PBS) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Poly Butylene Succinate (PBS) market.

Market Segmentation:

Poly Butylene Succinate (PBS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Conventional PBS
Bio-Based PBS

Segmentation by application
Packaging
Agriculture
Textile
Consumer Goods
Electronics and Electrical
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eastman
Showa Denko
Mitsubishi
DowDuPont
BASF
Reverdia
BioAmber
Sinoven Biopolymers
PTT MCC Biochem
Yifan Xinfu Pharmaceutical
Anqing Hexing Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Poly Butylene Succinate (PBS) market?

What factors are driving Poly Butylene Succinate (PBS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Poly Butylene Succinate (PBS) market opportunities vary by end market size?

How does Poly Butylene Succinate (PBS) break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.