Report Highlights
Polybutylene succinate (PBS), also referred to as polytetramethylene succinate, is a biodegradable thermoplastic polyester resin synthesized by polycondensation of succinic acid with 1, 4 butanediol. Polybutylene succinate belongs to the family of biodegradable polymers, and is metabolized by microorganisms present in the ground.
Moreover, Polybutylene succinate is characterized by mechanical properties that are comparable with those of widely used polymers such as polyethylene and polypropylene. The favorable properties coupled with ease of processing has resulted in emergence of a variety of application areas across diverse end use industries for Polybutylene succinate.
Polybutylene succinate Market: Drivers & Restraints
Polybutylene succinate is biodegradable polymer, as such, the growing demand for biodegradable polymers across the globe is expected to in turn result in a steady growth of global Polybutylene succinate market. Also, growing adoption in agricultural applications such as for mulch films is expected to set the pace for growth of Polybutylene succinate market. Furthermore, the growth in end use industries such as that in packaging industry is expected to bolster the growth of Polybutylene succinate market during the forecast period.
The raw materials for Polybutylene succinate namely succinic acid and 1, 4 butanediol are produced from petroleum feedstock, as such, price of these is susceptible to fluctuations resulting from volatility of crude oil price. This is expected to act as an impediment to the growth of Polybutylene succinate market during the forecast period. However, a recent trend witnessed among Polybutylene succinate market is that efforts are channelized towards developing bio-based Polybutylene succinate from bio based 1, 4 butanediol and succinic acid.
Polybutylene succinate Market: Segmentation
On the basis of end use industry, the global Polybutylene succinate market has been segmented into the following key market segments:
- Packaging
- Agriculture
- Textile
- Consumer goods
- Electronics and electrical
- Automotive
- Others
Polybutylene succinate Market: Region-wise Outlook
On the basis of geographic regions, global Polybutylene succinate market is segmented into seven key segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the regional segments, Asia Pacific Polybutylene succinate market is expected to register fastest growth during the forecast period. The global polybutylene succinate market is expected to witness a steady growth during the forecast period.
Polybutylene succinate Market: Key Players
Some of the identified major participants of the global polybutylene succinate market are as follows:
- Mitsubishi Chemicals
- Showa Denko K.K
- PTT MCC Biochem Co., Ltd.
- IRe Chemical Ltd.
- Sinoven Biopolymers Inc.
- SK Chemical
- Kingfa Science & Technology Co.
- Anqing Hexing chemical Co., Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies and end use industries.
Report Synopsis
Report Metrics | Details |
Base year considered | 2022 |
Forecast period considered | 2022-2032 |
Units considered | $ Millions |
Segments covered | By Application, By End Use Industry, By Region |
Industry covered | Chemicals & Materials |
Regions covered | North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa |
Countries covered | U.S, Canada, Mexico, Brazil, Germany, U.K, France, Spain, Italy, China, Japan, South Korea, India, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
Companies studied |
|
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
- Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2018-2033
- Table 2 : Global Market Volume (Tons) Forecast by Region, 2018-2033
- Table 3 : Global Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 4 : Global Market Volume (Tons) Forecast by Type, 2018-2033
- Table 5 : Global Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 6 : Global Market Volume (Tons) Forecast by Application, 2018-2033
- Table 7 : North America Market Value (US$ Mn) Forecast by Country, 2018-2033
- Table 8 : North America Market Volume (Tons) Forecast by Country, 2018-2033
- Table 9 : North America Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 10 : North America Market Volume (Tons) Forecast by Type, 2018-2033
- Table 11 : North America Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 12 : North America Market Volume (Tons) Forecast by Application, 2018-2033
- Table 13 : Latin America Market Value (US$ Mn) Forecast by Country, 2018-2033
- Table 14 : Latin America Market Volume (Tons) Forecast by Country, 2018-2033
- Table 15 : Latin America Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 16 : Latin America Market Volume (Tons) Forecast by Type, 2018-2033
- Table 17 : Latin America Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 18 : Latin America Market Volume (Tons) Forecast by Application, 2018-2033
- Table 19 : Europe Market Value (US$ Mn) Forecast by Country, 2018-2033
- Table 20 : Europe Market Volume (Tons) Forecast by Country, 2018-2033
- Table 21 : Europe Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 22 : Europe Market Volume (Tons) Forecast by Type, 2018-2033
- Table 23 : Europe Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 24 : Europe Market Volume (Tons) Forecast by Application, 2018-2033
- Table 25 : Asia Pacific Market Value (US$ Mn) Forecast by Country, 2018-2033
- Table 26 : Asia Pacific Market Volume (Tons) Forecast by Country, 2018-2033
- Table 27 : Asia Pacific Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 28 : Asia Pacific Market Volume (Tons) Forecast by Type, 2018-2033
- Table 29 : Asia Pacific Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 30 : Asia Pacific Market Volume (Tons) Forecast by Application, 2018-2033
- Table 31 : MEA Market Value (US$ Mn) Forecast by Country, 2018-2033
- Table 32 : MEA Market Volume (Tons) Forecast by Country, 2018-2033
- Table 33 : MEA Market Value (US$ Mn) Forecast by Type, 2018-2033
- Table 34 : MEA Market Volume (Tons) Forecast by Type, 2018-2033
- Table 35 : MEA Market Value (US$ Mn) Forecast by Application, 2018-2033
- Table 36 : MEA Market Volume (Tons) Forecast by Application, 2018-2033
- Figure 1 : Global Market Value (US$ Mn) by Type, 2023-2033
- Figure 2 : Global Market Value (US$ Mn) by Application, 2023-2033
- Figure 3 : Global Market Value (US$ Mn) by Region, 2023-2033
- Figure 4 : Global Market Value (US$ Mn) Analysis by Region, 2018-2033
- Figure 5 : Global Market Volume (Tons) Analysis by Region, 2018-2033
- Figure 6 : Global Market Value Share (%) and BPS Analysis by Region, 2023-2033
- Figure 7 : Global Market Y-o-Y Growth (%) Projections by Region, 2023-2033
- Figure 8 : Global Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 9 : Global Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 10 : Global Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 11 : Global Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 12 : Global Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 13 : Global Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 14 : Global Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 15 : Global Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 16 : Global Market Attractiveness by Type, 2023-2033
- Figure 17 : Global Market Attractiveness by Application, 2023-2033
- Figure 18 : Global Market Attractiveness by Region, 2023-2033
- Figure 19 : North America Market Value (US$ Mn) by Type, 2023-2033
- Figure 20 : North America Market Value (US$ Mn) by Application, 2023-2033
- Figure 21 : North America Market Value (US$ Mn) by Country, 2023-2033
- Figure 22 : North America Market Value (US$ Mn) Analysis by Country, 2018-2033
- Figure 23 : North America Market Volume (Tons) Analysis by Country, 2018-2033
- Figure 24 : North America Market Value Share (%) and BPS Analysis by Country, 2023-2033
- Figure 25 : North America Market Y-o-Y Growth (%) Projections by Country, 2023-2033
- Figure 26 : North America Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 27 : North America Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 28 : North America Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 29 : North America Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 30 : North America Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 31 : North America Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 32 : North America Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 33 : North America Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 34 : North America Market Attractiveness by Type, 2023-2033
- Figure 35 : North America Market Attractiveness by Application, 2023-2033
- Figure 36 : North America Market Attractiveness by Country, 2023-2033
- Figure 37 : Latin America Market Value (US$ Mn) by Type, 2023-2033
- Figure 38 : Latin America Market Value (US$ Mn) by Application, 2023-2033
- Figure 39 : Latin America Market Value (US$ Mn) by Country, 2023-2033
- Figure 40 : Latin America Market Value (US$ Mn) Analysis by Country, 2018-2033
- Figure 41 : Latin America Market Volume (Tons) Analysis by Country, 2018-2033
- Figure 42 : Latin America Market Value Share (%) and BPS Analysis by Country, 2023-2033
- Figure 43 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2023-2033
- Figure 44 : Latin America Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 45 : Latin America Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 46 : Latin America Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 47 : Latin America Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 48 : Latin America Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 49 : Latin America Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 50 : Latin America Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 51 : Latin America Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 52 : Latin America Market Attractiveness by Type, 2023-2033
- Figure 53 : Latin America Market Attractiveness by Application, 2023-2033
- Figure 54 : Latin America Market Attractiveness by Country, 2023-2033
- Figure 55 : Europe Market Value (US$ Mn) by Type, 2023-2033
- Figure 56 : Europe Market Value (US$ Mn) by Application, 2023-2033
- Figure 57 : Europe Market Value (US$ Mn) by Country, 2023-2033
- Figure 58 : Europe Market Value (US$ Mn) Analysis by Country, 2018-2033
- Figure 59 : Europe Market Volume (Tons) Analysis by Country, 2018-2033
- Figure 60 : Europe Market Value Share (%) and BPS Analysis by Country, 2023-2033
- Figure 61 : Europe Market Y-o-Y Growth (%) Projections by Country, 2023-2033
- Figure 62 : Europe Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 63 : Europe Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 64 : Europe Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 65 : Europe Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 66 : Europe Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 67 : Europe Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 68 : Europe Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 69 : Europe Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 70 : Europe Market Attractiveness by Type, 2023-2033
- Figure 71 : Europe Market Attractiveness by Application, 2023-2033
- Figure 72 : Europe Market Attractiveness by Country, 2023-2033
- Figure 73 : Asia Pacific Market Value (US$ Mn) by Type, 2023-2033
- Figure 74 : Asia Pacific Market Value (US$ Mn) by Application, 2023-2033
- Figure 75 : Asia Pacific Market Value (US$ Mn) by Country, 2023-2033
- Figure 76 : Asia Pacific Market Value (US$ Mn) Analysis by Country, 2018-2033
- Figure 77 : Asia Pacific Market Volume (Tons) Analysis by Country, 2018-2033
- Figure 78 : Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023-2033
- Figure 79 : Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023-2033
- Figure 80 : Asia Pacific Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 81 : Asia Pacific Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 82 : Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 83 : Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 84 : Asia Pacific Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 85 : Asia Pacific Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 86 : Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 87 : Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 88 : Asia Pacific Market Attractiveness by Type, 2023-2033
- Figure 89 : Asia Pacific Market Attractiveness by Application, 2023-2033
- Figure 90 : Asia Pacific Market Attractiveness by Country, 2023-2033
- Figure 91 : MEA Market Value (US$ Mn) by Type, 2023-2033
- Figure 92 : MEA Market Value (US$ Mn) by Application, 2023-2033
- Figure 93 : MEA Market Value (US$ Mn) by Country, 2023-2033
- Figure 94 : MEA Market Value (US$ Mn) Analysis by Country, 2018-2033
- Figure 95 : MEA Market Volume (Tons) Analysis by Country, 2018-2033
- Figure 96 : MEA Market Value Share (%) and BPS Analysis by Country, 2023-2033
- Figure 97 : MEA Market Y-o-Y Growth (%) Projections by Country, 2023-2033
- Figure 98 : MEA Market Value (US$ Mn) Analysis by Type, 2018-2033
- Figure 99 : MEA Market Volume (Tons) Analysis by Type, 2018-2033
- Figure 100 : MEA Market Value Share (%) and BPS Analysis by Type, 2023-2033
- Figure 101 : MEA Market Y-o-Y Growth (%) Projections by Type, 2023-2033
- Figure 102 : MEA Market Value (US$ Mn) Analysis by Application, 2018-2033
- Figure 103 : MEA Market Volume (Tons) Analysis by Application, 2018-2033
- Figure 104 : MEA Market Value Share (%) and BPS Analysis by Application, 2023-2033
- Figure 105 : MEA Market Y-o-Y Growth (%) Projections by Application, 2023-2033
- Figure 106 : MEA Market Attractiveness by Type, 2023-2033
- Figure 107 : MEA Market Attractiveness by Application, 2023-2033
- Figure 108 : MEA Market Attractiveness by Country, 2023-2033
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