"Global Polybutylene Succinate (PBS) Market – Industry Trends and Forecast to 2029

Global Polybutylene Succinate (PBS) Market, By 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) – Industry Trends and Forecast to 2029

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.

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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.

**Segments**

- **Type:** The Polybutylene Succinate (PBS) market can be segmented based on the type into virgin PBS and recycled PBS. Virgin PBS is the pure form of the material that has not been previously used, whereas recycled PBS is derived from post-consumer or post-industrial waste, making it a more sustainable option.

- **Application:** In terms of application, the PBS market can be segmented into packaging, textiles, automotive, agriculture, and others. Each application sector has specific requirements for PBS in terms of strength, flexibility, and biodegradability, driving demand in diverse industries.

- **End-Use Industry:** The end-use industry segment of the PBS market includes packaging, automotive, textiles, agriculture, and others. The choice of PBS material varies across industries based on factors such as cost-effectiveness, performance, and sustainability goals.

**Market Players**

- **BASF SE:** A key player in the PBS market, BASF SE offers a range of PBS products for various applications. The company's focus on innovation and sustainability has positioned it as a leader in the market.

- **Corbion:** Corbion is another prominent player in the PBS market, known for its high-quality biodegradable solutions. The company's emphasis on eco-friendly products has driven its growth in the PBS segment.

- **Mitsubishi Chemical Corporation:** With a strong presence in the chemical industry, Mitsubishi Chemical Corporation is a significant player in the PBS market. The company's diverse product portfolio caters to the evolving needs of different industries.

- **Showa Denko K.K.:** Showa Denko K.K. is a key player offering PBS materials for a wide range of applications. The company's commitment to technological advancements has helped it maintain a competitive edge in the market.

- **Total Corbion PLA:** Total Corbion PLA is known for its sustainable PBS solutions that are widely used in packaging and other industries. The companyBASF SE, a leading player in the Polybutylene Succinate (PBS) market, has strengthened its position through continuous innovation and sustainability efforts. The company's diverse range of PBS products caters to various applications, positioning it as a key supplier in the industry. BASF SE's focus on enhancing the performance and biodegradability of PBS materials has resonated well with customers across different sectors, driving its growth in the market. By prioritizing eco-friendly solutions and staying ahead in the innovation curve, BASF SE has successfully differentiated itself in the competitive PBS landscape.

Corbion, another major player in the PBS market, has carved a niche for itself with its high-quality biodegradable solutions. The company's commitment to developing sustainable PBS products has not only gained traction in the market but has also aligned with the increasing demand for environmentally friendly materials. Corbion's emphasis on eco-conscious manufacturing practices and a strong focus on product quality has positioned it as a preferred supplier of PBS materials for various applications. The company's strategic approach towards sustainability and customer-centric solutions has further solidified its standing in the PBS market.

Mitsubishi Chemical Corporation's significant presence in the chemical industry has translated into a strong foothold in the PBS market. The company's extensive product portfolio caters to diverse industry needs, offering tailor-made solutions for different applications. Mitsubishi Chemical Corporation's proactive approach towards product development and market expansion has enabled it to address evolving trends and requirements in the PBS segment effectively. By leveraging its technological expertise and industry knowledge, the company continues to play a vital role in driving innovation and growth in the PBS market.

Showa Denko K.K., a key player in the PBS market, stands out for its comprehensive range of PBS materials designed for a wide array of applications. The company's dedication to advancing technological solutions and meeting customer demands has been instrumental in strengthening its market position. Showa Denko K.K.'s consistent focus on product quality, performance, and sustainability has enabled it to build**Global Polybutylene Succinate (PBS) Market Analysis:**

- **Product:** The global Polybutylene Succinate (PBS) market is categorized into Conventional Polybutylene Succinate (PBS) and Bio-Based Polybutylene Succinate (PBS). The increased focus on sustainable and bio-based materials is driving the demand for Bio-Based PBS. This segment is expected to witness significant growth due to its eco-friendly properties and lower environmental impact compared to conventional PBS.

- **Process:** The market is segmented based on the process into Trans-Esterification and Direct Esterification. The choice of process plays a crucial role in determining the properties and applications of PBS. Trans-Esterification is a widely adopted process for manufacturing PBS due to its efficiency and versatility, while Direct Esterification offers specific advantages in terms of purity and yield.

- **Application:** The application segment includes Bags, Mulch Film, Packaging Film, Flushable Hygiene Products, Fishing Nets, Coffee Capsules, Wood Plastic Composites, and Others. The growing awareness regarding sustainable materials in packaging and agriculture sectors is projected to boost the demand for PBS in applications such as Mulch Film, Packaging Film, and Coffee Capsules.

- **Usage:** The market is further segmented into Single-Use and Reusable PBS products. With increasing efforts to reduce plastic waste and promote circular economy practices, the demand for Reusable PBS products is expected to rise, especially in the packaging and consumer goods industries.

- **

Core Objective of Polybutylene Succinate (PBS) Market:

Every firm in the Polybutylene Succinate (PBS) Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

• Size of the Polybutylene Succinate (PBS) Market and growth rate factors.
• Important changes in the future Polybutylene Succinate (PBS) Market.
• Top worldwide competitors of the Market.
• Scope and product outlook of Polybutylene Succinate (PBS) Market.
• Developing regions with potential growth in the future.
• Tough Challenges and risk faced in Market.
• Global Polybutylene Succinate (PBS)-top manufacturers profile and sales statistics.

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Polybutylene Succinate (PBS) Market

Chapter 3: Regional analysis of the Global Polybutylene Succinate (PBS) Market industry

Chapter 4: Polybutylene Succinate (PBS) Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

How the Report Aids Your Business Discretion?

• This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt
• The report unravels details on pronounced share assessments across both country-wise as well as region-based segments
• A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans
• New player entry analysis and their scope of new business models
• The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues
• A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions
• A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments
• Details on market estimations, market size, dimensions
• A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market

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