중동 및 아프리카 폴리부틸렌 숙시네이트(PBS) 시장 규모, 점유율 및 동향 분석 보고서 – 산업 개요 및 2033년까지의 전망

중동 및 아프리카 폴리부틸렌 숙시네이트(PBS) 시장 규모와 성장률은 어떻게 되나요?

• 중동 및 아프리카 폴리부틸렌 숙시네이트(PBS) 시장 규모는 2025년 2,117만 달러 였으며, 예측 기간 동안 연평균 6.3%의 성장률을 기록하여 2033년에는 3,451만 달러  에 이를 것으로 예상됩니다  .
• 폴리부틸렌 숙시네이트는 스위치그래스(SG)와 같은 천연 섬유와 자주 결합됩니다. 이러한 혁신적인 복합 재료는 기존의 석유 기반 폴리머를 대체할 수 있는 유망한 바이오 기반 소재로 평가받으면서 자동차 산업에서 널리 사용되고 있습니다.
• OICA에 따르면 프랑스의 경상용차 생산량은 2018년 495,123대에서 2019년 527,262대로 6.5% 증가했으며, 스페인은 2018년 496,671대에서 2019년 524,504대로 5.6% 증가했습니다. 자동차 생산량 증가로 인해 폴리부틸렌 숙시네이트(PBS) 수요도 점차 증가하여 시장 성장을 견인할 것으로 예상됩니다.

폴리부틸렌숙시네이트(PBS) 시장의 주요 시사점은 무엇인가요?

• 폴리부틸렌 숙시네이트는 멀칭 필름과 같은 농업 분야에서 점점 더 널리 사용되고 있습니다. 멀칭 필름은 일반적으로 토양 온도 조절, 잡초 발생 억제, 수분 손실 감소, 작물 수확량 및 조기 생육 촉진에 사용됩니다.
• 정부들은 환경 지속가능성을 향상시키는 가장 효과적인 방법 중 하나로 농업 프로젝트 및 투자에 막대한 투자를 하고 있습니다.
• 사우디아라비아는 생분해성 포장재, 지속 가능한 농업용 필름, 친환경 소비재에 대한 수요 증가에 힘입어 2024년 중동 및 아프리카 폴리부틸렌 숙시네이트(PBS) 시장에서 34.7%의 최대 매출 점유율을 기록하며 시장을 주도했습니다.
• 일본의 폴리부틸렌 숙시네이트(PBS) 시장은 포장재, 섬유, 소비재 분야에서 고품질 생분해성 소재에 대한 수요 증가에 힘입어 연평균 7.9%의 꾸준한 성장세를 보이고 있습니다.
• 기존 PBS(포장 필름) 부문은 안정적인 제조 기반, 비용 경쟁력, 포장 필름, 농산물 및 소비재 전반에 걸친 광범위한 사용에 힘입어 2024년 매출의 58.6%를 차지하며 시장을 주도했습니다.

보고서 범위 및 폴리부틸렌 숙시네이트(PBS) 시장 세분화       

폴리부틸렌숙시네이트(PBS) 시장의 주요 트렌드는 무엇입니까?

지속가능한 포장 및 소비자 제품에 바이오 기반 및 퇴비화 가능 소재의 채택이 증가하고 있습니다.

• 폴리부틸렌 숙시네이트(PBS) 시장에서 두드러지고 빠르게 진행되는 추세는 기존 석유 기반 플라스틱을 대체할 바이오 기반, 생분해성 및 퇴비화 가능 폴리머로의 전환입니다. 이러한 전환은 환경 문제에 대한 우려 증가, 일회용 플라스틱에 대한 규제 압력 강화, 그리고 포장, 농업 및 소비재 분야 전반에 걸쳐 지속 가능한 소재에 대한 소비자 수요 증가에 의해 주도되고 있습니다.
  • For instance, leading material producers such as BASF SE, Indorama Ventures, Mitsubishi Chemical, and Far Eastern New Century are expanding bio-based PBS production and developing high-performance grades suitable for films, molded products, and blends with PLA and PBAT
• The increasing use of PBS in packaging films, compostable bags, disposable cutlery, and food-contact materials is enabling manufacturers to meet sustainability targets while maintaining flexibility, heat resistance, and processability comparable to conventional plastics
• Advancements in bio-succinic acid production, polymer blending technologies, and cost optimization are further improving the commercial viability of PBS in large-scale applications
• Growing adoption of circular economy principles, compostable packaging standards, and biodegradable certification programs is reinforcing the importance of PBS as a core material in sustainable plastic alternatives
• As sustainability expectations continue to rise globally, Polybutylene Succinate is becoming a critical material for enabling environmentally responsible product design without compromising functional performance

What are the Key Drivers of Polybutylene Succinate (PBS) Market?

• A key growth driver for the polybutylene succinate (PBS) market is the increasing implementation of plastic reduction policies and bans on single-use plastics across packaging, food service, and agricultural sectors
  • For instance, during 2024–2025, governments across Europe and Middle East and Africa strengthened regulations promoting compostable materials, driving higher adoption of PBS in packaging films, disposable products, and agricultural mulch applications
• Rising demand for sustainable food packaging, compostable consumer goods, and biodegradable agricultural inputs is accelerating PBS consumption across end-use industries
• Technological advancements in bio-based feedstocks, fermentation processes, and polymer modification are improving PBS mechanical strength, thermal stability, and cost competitiveness
• Increasing brand commitments toward carbon neutrality, eco-labeling, and sustainable packaging transitions are encouraging manufacturers to integrate PBS into product portfolios
• Supported by environmental regulations, corporate sustainability goals, and growing consumer awareness, the polybutylene succinate (PBS) market is expected to witness robust long-term growth across global markets

Which Factor is Challenging the Growth of the Polybutylene Succinate (PBS) Market?

• The basic materials for polybutylene succinate, notably succinic acid and 1, 4 butane-diols, are derived from petroleum feedstock
• As a result, crude oil price fluctuations affect the price of polybutylene succinate raw materials. The price of polybutylene succinate also rises as a result of the uncertainty in crude oil prices
• As a result, the polybutylene succinate market makers are such asly to face severe fluctuation in crude oil prices. This factor is projected to challenge growth of the global polybutylene succinate (PBS) market.

How is the Polybutylene Succinate (PBS) Market Segmented?

The market is segmented on the basis of product, process, application, usage, packaging layer, and end-use.

• By Product

On the basis of product, the polybutylene succinate (PBS) market is segmented into Conventional Polybutylene Succinate (PBS) and Bio-Based Polybutylene Succinate (PBS). The Conventional PBS segment dominated the market with a 58.6% revenue share in 2024, driven by its established manufacturing base, cost competitiveness, and widespread use across packaging films, agricultural products, and consumer goods. Conventional PBS offers reliable mechanical strength, flexibility, and thermal stability, making it suitable for large-scale commercial applications.

The Bio-Based PBS segment is expected to witness the fastest CAGR from 2025 to 2032, supported by rising environmental regulations, growing demand for compostable plastics, and increasing availability of bio-based succinic acid. Brand sustainability commitments and advancements in bio-feedstock processing are further accelerating adoption.

• By Process

Based on process, the market is segmented into Trans-Esterification and Direct Esterification. The Direct Esterification segment held the largest market share of 54.2% in 2024, owing to its simplified process flow, lower production costs, and suitability for large-scale PBS manufacturing. This method is widely adopted by major producers to improve yield efficiency and reduce operational complexity.

The Trans-Esterification segment is projected to grow at the fastest CAGR during 2025–2032, driven by its ability to deliver higher molecular weight polymers and improved material consistency. Increasing investments in advanced polymerization technologies are supporting its adoption for high-performance and specialty PBS grades.

• By Application

On the basis of application, the polybutylene succinate (PBS) market is segmented into Bags, Mulch Film, Packaging Film, Flushable Hygiene Products, Fishing Nets, Coffee Capsules, Wood Plastic Composites, and Others. The Packaging Film segment dominated the market with a 31.4% share in 2024, driven by growing demand for biodegradable food packaging, compostable films, and sustainable alternatives to conventional plastics.

The Mulch Film segment is expected to register the fastest CAGR from 2025 to 2032, supported by rising adoption of biodegradable agricultural inputs and government initiatives promoting sustainable farming practices.

• By Usage

Based on usage, the market is segmented into Single-Use and Reusable applications. The Single-Use segment accounted for the largest revenue share of 62.7% in 2024, driven by widespread use in disposable packaging, hygiene products, and agricultural films. PBS is increasingly replacing conventional plastics in short-life applications due to its compostability and regulatory compliance.

The Reusable segment is projected to grow at the fastest CAGR during the forecast period, supported by material enhancements that improve durability, mechanical strength, and resistance to repeated use, particularly in consumer goods and packaging applications.

By Packaging Layer

On the basis of packaging layer, the market is segmented into Primary Packaging, Secondary Packaging, and Tertiary Packaging. The Primary Packaging segment dominated the market with a 46.9% revenue share in 2024, driven by direct food contact applications such as packaging films, bags, and containers.

The Secondary Packaging segment is expected to witness the fastest growth rate from 2025 to 2032, supported by increasing use of biodegradable materials for wrapping, grouping, and protective packaging in logistics and retail supply chains.

• By End-Use

By end-use, the polybutylene succinate (PBS) market is segmented into Packaging, Agriculture, Textile, Consumer Goods, Electrical and Electronics, Automotive, and Others. The Packaging segment held the largest market share of 38.5% in 2024, driven by rising demand for sustainable food packaging and compostable consumer products.

The agriculture segment is anticipated to grow at the fastest CAGR during 2025–2032, fueled by increasing use of biodegradable mulch films and government support for eco-friendly agricultural solutions.

Which Region Holds the Largest Share of the Polybutylene Succinate (PBS) Market?

• Saudi Arabia dominated the Middle East and Africa polybutylene succinate (PBS) market with the largest revenue share of 34.7% in 2024, driven by rising demand for biodegradable packaging, sustainable agricultural films, and eco-friendly consumer products. Strong domestic investments in green manufacturing and renewable feedstock availability are accelerating the adoption of PBS across multiple industries
• The country’s initiatives to reduce plastic waste, promote compostable packaging, and encourage circular economy practices are supporting large-scale production and integration of bio-based polymers. Government-backed incentives and collaborations with global bio-based polymer manufacturers are strengthening Saudi Arabia’s position as the leading hub for PBS in the region, concluding that this leadership is reinforcing long-term market growth and sustainability adoption

U.A.E. Polybutylene Succinate (PBS) Market Insight

The U.A.E. polybutylene succinate (PBS) market is witnessing steady growth at a CAGR of 8.1%, driven by increasing use of sustainable packaging, biodegradable consumer products, and industrial applications. Manufacturers are focusing on high-performance PBS formulations, improved thermal stability, and compostable solutions to comply with environmental regulations. Investment in bio-based polymer production facilities, advanced processing technologies, and strategic collaborations with regional and global suppliers are reinforcing U.A.E.’s role as a key growth and innovation center in the Middle East and Africa PBS market, concluding that the country is a significant driver of regional sustainability trends.

South Africa Polybutylene Succinate (PBS) Market Insight

The South Africa polybutylene succinate (PBS) market is expanding steadily, supported by rising adoption of eco-friendly packaging, agricultural films, and biodegradable consumer goods. Growing awareness of environmental sustainability, government policies encouraging compostable materials, and increasing imports of bio-based polymers are driving market growth. Continuous innovation in polymer blending, performance enhancement, and scalable manufacturing processes positions South Africa as an important contributor to the Middle East and Africa PBS market, concluding that the country is helping accelerate regional adoption of sustainable polymer solutions.

Which are the Top Companies in Polybutylene Succinate (PBS) Market?

The polybutylene succinate (PBS) industry is primarily led by well-established companies, including:

• 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)
• Xinhaibio (China)
• Lubrilog (France)
• ECCO Gleittechnik GmbH (Germany)
• HUSK-ITT Corporation (U.S.)
• Setral Chemie GmbH (Germany)
• IKV Tribology Ltd (Germany)
• Hangzhou Ruijiang Chemical Co. (China)
• WILLEAP (South Korea)

What are the Recent Developments in Global Polybutylene Succinate (PBS) Market?

• In September 2022, Technip Energies, a France-based engineering and technology company, strengthened its sustainable chemicals portfolio by acquiring DSM’s biosuccinium technology, securing exclusive licensing rights for the production of bio-based succinic acid, a key raw material for polybutylene succinate (PBS). The acquisition includes multiple patent families and proprietary yeast strains validated at commercial scale, concluding that this move significantly enhances Technip Energies’ leadership and long-term positioning in bio-based polymer value chains
• 2021년 4월, 미쓰비시화학은 식물 유래 폴리부틸렌숙시네이트(PBS) 제품의 개발 및 적용 가능성 확대를 위한 노력의 일환으로 해양 생분해성 바이오PBS를 개발했습니다. 이러한 개발은 포트폴리오 다각화 및 매출 성장을 지원하는 동시에 환경 지속가능성 요건을 충족하며, 생분해성 및 친환경 고분자 시장에서 회사의 경쟁력을 강화하는 혁신입니다.

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