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Belgium Polybutylene Succinate (PBS) Market to 2032

Overview

The Belgium Polybutylene Succinate (PBS) Market is expected to reach a 2.43 USD Billion by 2032 and is projected to grow at a CAGR of 7.24% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1.57
Forecast, 2032 (USD Billion)
2.43
CAGR, 2024 - 2032
7.24%
Report Coverage
Belgium

Belgium Polybutylene Succinate (PBS) Market 2018-2032 USD Billion

Belgium Polybutylene Succinate (PBS) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1.57 USD Billion
  • Projected Market Size (2032): 2.43 USD Billion
  • CAGR (2025-2032): 7.24%

Key Findings of Belgium Polybutylene Succinate (PBS) Market

  • The Belgium Polybutylene Succinate (PBS) Market was valued at 1.57 USD Billion in 2024.
  • The Belgium Polybutylene Succinate (PBS) Market is likely to grow at a CAGR of 7.24% 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 1.16 USD Billion
  • The fastest growing segment Packaging in End Use Segment grew Fastest with a CAGR of 10.74% during the forecast period from 2024 to 2032.

Belgium Polybutylene Succinate (PBS) Market Scope

Belgium 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)
Usage
  • Reusable
  • Single-use
Packaging Layer
  • Tertiary PackaginG
  • Secondary Packaging
  • Primary Packaging

Belgium Polybutylene Succinate (PBS) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 1.57 USD Billion
Market Value in 2032 2.43 USD Billion
CAGR (2025-2032) 7.24%
Historic Data 2016-2023
Market Segments Covered End Use,Application,Process,Product,Usage,Packaging Layer

Regional Insights:

  • Leading Market (2024-2032): Belgium, leading in terms of revenue 1.57 USD Billion in 2024
    • Key Country: Belgium, leading in terms of revenue with value of 1.57 USD Billion in 2024.

Segments and Scope

  • Belgium Polybutylene Succinate (PBS) Market to 2032, By End Use
    • Packaging is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 0.50 USD Billion in the year 2024.
    • Packaging is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 10.74 % in forecast period 2025-2032.
  • Belgium Polybutylene Succinate (PBS) Market to 2032, By Application
    • Mulch Film is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 0.48 USD Billion in the year 2024.
    • Mulch Film is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 10.53 % in forecast period 2025-2032.
  • Belgium Polybutylene Succinate (PBS) Market to 2032, By Process
    • Trans-Esterification is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 1.08 USD Billion in the year 2024.
    • Trans-Esterification is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 8.70 % in forecast period 2025-2032.
  • Belgium Polybutylene Succinate (PBS) Market to 2032, By Product
    • Conventional Polybutylene Succinate(PBS) is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 1.16 USD Billion in the year 2024.
    • Conventional Polybutylene Succinate(PBS) is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 8.13 % in forecast period 2025-2032.
  • Belgium Polybutylene Succinate (PBS) Market to 2032, By Usage
    • Single-use is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 1.16 USD Billion in the year 2024.
    • Single-use is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 8.16 % in forecast period 2025-2032.
  • Belgium Polybutylene Succinate (PBS) Market to 2032, By Packaging Layer
    • Primary Packaging is the largest segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a revenue of 0.79 USD Billion in the year 2024.
    • Primary Packaging is the Fastest growing segment in Belgium Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 9.88 % in forecast period 2025-2032.

Belgium Polybutylene Succinate (PBS) Market Company Share Analysis

 
Company Name Company Share Analysis
BASF SE
Eastman Chemical Company or its subsidiaries
Showa Denko Materials Co., Ltd.
Wacker Chemie AG
Belgium Polybutylene Succinate (PBS) Market Company Share Analysis

Belgium Polybutylene Succinate (PBS) Market Geographical Sales Distribution, 2018-2032 USD Billion

Belgium Polybutylene Succinate (PBS) Market Geographical Sales Distribution, 2018-2032 USD Billion

Belgium Polybutylene Succinate (PBS) Market Company Profiling

Belgium Polybutylene Succinate (PBS) Market Company Profiling

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Frequently Asked Questions
The Belgium Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Usage,Packaging Layer.
Belgium Polybutylene Succinate (PBS) Market was valued at USD 1.57(Revenue in USD Billion) in 2022.
Belgium Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 7.24% during the forecast period of 2024 to 2032.
The Conventional Polybutylene Succinate(PBS) segment is expected to dominate the Belgium Polybutylene Succinate (PBS) Market, holding a largest market share of 1.16 USD Billion in 2024

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Belgium Polybutylene Succinate (PBS) Market Scope

Belgium 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)
Usage
  • Reusable
  • Single-use
Packaging Layer
  • Tertiary PackaginG
  • Secondary Packaging
  • Primary Packaging
Frequently Asked Questions
The Belgium Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Usage,Packaging Layer.
Belgium Polybutylene Succinate (PBS) Market was valued at USD 1.57(Revenue in USD Billion) in 2022.
Belgium Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 7.24% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Polybutylene Succinate (PBS) Market for final year is USD 2.43 (USD Billion).

Belgium Polybutylene Succinate (PBS) Market Company Profiling

Belgium Polybutylene Succinate (PBS) Market Company Profiling
Frequently Asked Questions
The Belgium Polybutylene Succinate (PBS) Market is segmented based on Segmentation End Use,Application,Process,Product,Usage,Packaging Layer.
Belgium Polybutylene Succinate (PBS) Market was valued at USD 1.57(Revenue in USD Billion) in 2022.
Belgium Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 7.24% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Polybutylene Succinate (PBS) Market for final year is USD 2.43 (USD Billion).

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