The persuasive Polybutylene Succinate (PBS) business report is a meticulous analysis of existing scenario of the market, which covers several market dynamics. A competent data and brilliant forecasting techniques used in this market report are synonymous with accurateness and correctness. The report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most accurate way to forecast what future holds is to understand the trend today and hence this industry report has been structured by chewing over numerous fragments of the present and upcoming market scenario. Polybutylene Succinate (PBS) market research report is framed with the most excellent and sophisticated tools of collecting, recording, estimating and analysing market data.

The various aspects of Polybutylene Succinate (PBS) market survey report range from latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights to innovation. This report explains several market factors such as market estimates and forecasts, entry strategies, opportunity analysis, market positioning, competitive landscape, product positioning, market assessment and viability studies. Market drivers, market restraints, opportunities and challenges are also evaluated in the report under market overview which gives helpful insights to businesses for taking right moves. Polybutylene Succinate (PBS) market document is bestowed with full loyalty to provide the best service and recommendations.

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Over the last few years, there has been surge in growth of the chemical industry. In addition to this, polybutylene succinate are largely employed in the packaging, pharmaceutical, and food and beverages industry, which further boosts the market growth over the forecast period. Moreover, it is emerging as a substitute for polypropylene (PP) and polyethylene terephthalate (PET), which also boosts the market growth rate.

Global Polybutylene succinate (PBS) Market was valued at USD 71.23 billion in 2021 and is expected to reach USD 124.69 billion by 2029, registering a CAGR of 7.25% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

The polybutylene succinate (PBS) is a thermoplastic polymer resin from the polyester family. PBS is a type of biodegradable aliphatic polyester with properties that are comparable to polypropylene. It is biodegradable or decompose polymer with a relatively high melting temperature, good toughness. It is a versatile semi-crystalline polymer with a semi-crystalline structure.

Opportunities

• Surge in Innovation and Policies

The rising demand of the innovative packaging especially for attracting large number of consumers extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the government initiatives and wide policies towards the polybutylene succinate product will further expand the future growth of the polybutylene succinate (PBS) market.

Some of the major players operating in the polybutylene succinate (PBS) market are

• Indorama Ventures Public Company Limited (Thailand)
• Alpek S.A.B. de C.V.  (Mexico)
• Jiangsu Sanfangxiang Group Co., Ltd. (China)
• Far Eastern New Century Corporation (Taiwan)
• DAK Americas (U.S.)
• BASF SE (Germany)
• Zhejiang Biodegradable Advanced Material Co. Ltd (China)
• Lubrilog (France)
• ECCO Gleittechnik GmbH (Germany)
• HUSK-ITT Corporation (U.S.)
• Setral Chemie GmbH (Germany)
• IKV Tribology Ltd (Germany)
• Xinhaibio (China)
• Hangzhou Ruijiang Chemical Co., (China)
• WILLEAP (South Korea)

Polybutylene Succinate (PBS) Market Scope

The polybutylene succinate (PBS) market is segmented on the basis of product, process, application, usage, packaging layer, end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Conventional Polybutylene Succinate (PBS)
• Bio-Based Polybutylene Succinate (PBS)

 Process

• Trans-Esterification
• Direct Esterification

Application

• Bags
• Mulch Film
• Packaging Film
• Flushable Hygiene Products
• Fishing Nets
• Coffee Capsules
• Wood Plastic Composites
• Others

Usage

• Single-Use
• Reusable

Packaging Layer

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

 End-Use

• Packaging
• Agriculture
• Textile
• Consumer Goods
• Electrical and Electronics
• Automotive
• Others

Polybutylene Succinate (PBS) Market Regional Analysis/Insights

The polybutylene succinate (PBS) market is analyzed and market size insights and trends are provided by country, product, process, application, usage, packaging layer, end-use as referenced above.

The countries covered in the polybutylene succinate (PBS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing demand for biodegradable product. China is leading the growth of the Asia-Pacific market due to more demand for interior automotive products.

On the other hand, North America is estimated to show lucrative growth over the forecast period of 2022-2029 due to the more strict policies for single-use plastic products in the region. Moreover, the more demand for the conventional PBS in reusable products also boosts the market growth within the region.

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