Global Poly(butylene succinate) (PBS) Market Growth 2023-2029

Global Poly(butylene succinate) (PBS) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Poly(butylene succinate) (PBS) Industry Forecast” looks at past sales and reviews total world Poly(butylene succinate) (PBS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Poly(butylene succinate) (PBS) sales for 2023 through 2029. With Poly(butylene succinate) (PBS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Poly(butylene succinate) (PBS) industry.
This Insight Report provides a comprehensive analysis of the global Poly(butylene succinate) (PBS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Poly(butylene succinate) (PBS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Poly(butylene succinate) (PBS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Poly(butylene succinate) (PBS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Poly(butylene succinate) (PBS).
The global Poly(butylene succinate) (PBS) market size is projected to grow from US$ 48 million in 2022 to US$ 68 million in 2029; it is expected to grow at a CAGR of 68 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Poly(butylene succinate) (PBS) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Biological Base
Petroleum Base
Segmentation by application
Food and Beverage Packaging
Medical
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.
SHOWA
Mitsubishi Chemical
Anqing He Xing
Kingfa
Sealong Biotechnology
Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd
Shandong LanDian Biological Technology Co., LTD.
Yifan Pharmaceutical Co., Ltd.
JinHui ZhaoLong High Technology Co., Ltd.
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?
What are the influences of COVID-19 and Russia-Ukraine war?

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