Asia-Pacific Polybutylene Succinate (PBS) Market to 2032
Overview
The Asia-Pacific Polybutylene Succinate (PBS) Market is expected to reach a 137.38 USD Billion by 2032 and is projected to grow at a CAGR of 10.26% from 2025 to 2032.
Revenue, 2024 (USD Billion)
74.62
Forecast, 2032 (USD Billion)
137.38
CAGR, 2024 - 2032
10.26%
Report Coverage
Asia-Pacific
Asia-Pacific Polybutylene Succinate (PBS) Market 2018-2032 USD Billion
Asia-Pacific Polybutylene Succinate (PBS) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 74.62 USD Billion
- Projected Market Size (2032): 137.38 USD Billion
- CAGR (2025-2032): 10.26%
Key Findings of Asia-Pacific Polybutylene Succinate (PBS) Market
- The Asia-Pacific Polybutylene Succinate (PBS) Market was valued at 74.62 USD Billion in 2024.
- The Asia-Pacific Polybutylene Succinate (PBS) Market is likely to grow at a CAGR of 10.26% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Conventional Polybutylene Succinate(PBS) in Product Segment accounted for the largest share of the market with a revenue of 55.26 USD Billion
- The fastest growing segment Packaging in End Use Segment grew Fastest with a CAGR of 14.08% during the forecast period from 2024 to 2032.
Asia-Pacific Polybutylene Succinate (PBS) Market Scope
Asia-Pacific Polybutylene Succinate (PBS) Market Segmentation & Scope
End Use
- Others
- Automotive
- Electrical & Electronics
- Consumer Goods
- Textile
- Agriculture
- Packaging
Application
- Others
- Wood Plastic Composites
- Coffee Capsules
- Fishing Nets
- Flushable Hygiene Products
- Bags
- Packaging Film
- Mulch Film
Process
- Direct-Esterification
- Trans-Esterification
Product
- Bio-Based Polybutylene Succinate (PBS)
- Conventional Polybutylene Succinate(PBS)
Packaging Layer
- Tertiary PackaginG
- Secondary Packaging
- Primary Packaging
Usage
- Reusable
- Single-use
Asia-Pacific Polybutylene Succinate (PBS) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 74.62 USD Billion |
| Market Value in 2032 | 137.38 USD Billion |
| CAGR (2025-2032) | 10.26% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use,Application,Process,Product,Packaging Layer,Usage |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 74.62 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 17.73 USD Billion in 2024.
Segments and Scope
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By End Use
- Packaging is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 23.04 USD Billion in the year 2024.
- Packaging is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 14.08 % in forecast period 2025-2032.
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By Application
- Mulch Film is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 21.87 USD Billion in the year 2024.
- Mulch Film is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 13.88 % in forecast period 2025-2032.
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By Process
- Trans-Esterification is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 51.45 USD Billion in the year 2024.
- Trans-Esterification is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 11.76 % in forecast period 2025-2032.
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By Product
- Conventional Polybutylene Succinate(PBS) is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 55.26 USD Billion in the year 2024.
- Conventional Polybutylene Succinate(PBS) is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 11.17 % in forecast period 2025-2032.
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By Packaging Layer
- Primary Packaging is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 37.46 USD Billion in the year 2024.
- Primary Packaging is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 13.01 % in forecast period 2025-2032.
-
Asia-Pacific Polybutylene Succinate (PBS) Market to 2032, By Usage
- Single-use is the largest segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a revenue of 54.88 USD Billion in the year 2024.
- Single-use is the Fastest growing segment in Asia-Pacific Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 11.21 % in forecast period 2025-2032.
Asia-Pacific Polybutylene Succinate (PBS) Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Eastman Chemical Company or its subsidiaries | |||
| Showa Denko Materials Co., Ltd. | |||
| Wacker Chemie AG | |||
Asia-Pacific Polybutylene Succinate (PBS) Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Polybutylene Succinate (PBS) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Packaging Layer,Usage.
Asia-Pacific Polybutylene Succinate (PBS) Market was valued at USD 74.62(Revenue in USD Billion) in 2022.
Asia-Pacific Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 10.26% during the forecast period of 2024 to 2032.
The Conventional Polybutylene Succinate(PBS) segment is expected to dominate the Asia-Pacific Polybutylene Succinate (PBS) Market, holding a largest market share of 55.26 USD Billion in 2024
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Asia-Pacific Polybutylene Succinate (PBS) Market Scope
Asia-Pacific Polybutylene Succinate (PBS) Market Segmentation & Scope
End Use
- Others
- Automotive
- Electrical & Electronics
- Consumer Goods
- Textile
- Agriculture
- Packaging
Application
- Others
- Wood Plastic Composites
- Coffee Capsules
- Fishing Nets
- Flushable Hygiene Products
- Bags
- Packaging Film
- Mulch Film
Process
- Direct-Esterification
- Trans-Esterification
Product
- Bio-Based Polybutylene Succinate (PBS)
- Conventional Polybutylene Succinate(PBS)
Packaging Layer
- Tertiary PackaginG
- Secondary Packaging
- Primary Packaging
Usage
- Reusable
- Single-use
Frequently Asked Questions
The Asia-Pacific Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Packaging Layer,Usage.
Asia-Pacific Polybutylene Succinate (PBS) Market was valued at USD 74.62(Revenue in USD Billion) in 2022.
Asia-Pacific Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 10.26% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Polybutylene Succinate (PBS) Market for final year is USD 137.38 (USD Billion).
Asia-Pacific Polybutylene Succinate (PBS) Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Packaging Layer,Usage.
Asia-Pacific Polybutylene Succinate (PBS) Market was valued at USD 74.62(Revenue in USD Billion) in 2022.
Asia-Pacific Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 10.26% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Polybutylene Succinate (PBS) Market for final year is USD 137.38 (USD Billion).
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