South Korea Polybutylene Succinate (PBS) Market to 2032
Overview
The South Korea Polybutylene Succinate (PBS) Market is expected to reach a 14.86 USD Billion by 2032 and is projected to grow at a CAGR of 9.97% from 2025 to 2032.
Revenue, 2024 (USD Billion)
8.20
Forecast, 2032 (USD Billion)
14.86
CAGR, 2024 - 2032
9.97%
Report Coverage
South Korea
South Korea Polybutylene Succinate (PBS) Market 2018-2032 USD Billion
South Korea Polybutylene Succinate (PBS) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 8.20 USD Billion
- Projected Market Size (2032): 14.86 USD Billion
- CAGR (2025-2032): 9.97%
Key Findings of South Korea Polybutylene Succinate (PBS) Market
- The South Korea Polybutylene Succinate (PBS) Market was valued at 8.20 USD Billion in 2024.
- The South Korea Polybutylene Succinate (PBS) Market is likely to grow at a CAGR of 9.97% 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 6.07 USD Billion
- The fastest growing segment Packaging in End Use Segment grew Fastest with a CAGR of 13.87% during the forecast period from 2024 to 2032.
South Korea Polybutylene Succinate (PBS) Market Scope
South Korea Polybutylene Succinate (PBS) Market Segmentation & Scope
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)
End Use
- Others
- Automotive
- Electrical & Electronics
- Consumer Goods
- Textile
- Agriculture
- Packaging
Packaging Layer
- Tertiary PackaginG
- Secondary Packaging
- Primary Packaging
Usage
- Reusable
- Single-use
South Korea Polybutylene Succinate (PBS) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 8.20 USD Billion |
| Market Value in 2032 | 14.86 USD Billion |
| CAGR (2025-2032) | 9.97% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Process,Product,End Use,Packaging Layer,Usage |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 8.20 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 8.20 USD Billion in 2024.
Segments and Scope
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By Application
- Mulch Film is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 2.37 USD Billion in the year 2024.
- Mulch Film is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 13.70 % in forecast period 2025-2032.
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By Process
- Trans-Esterification is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 5.65 USD Billion in the year 2024.
- Trans-Esterification is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 11.48 % in forecast period 2025-2032.
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By Product
- Conventional Polybutylene Succinate(PBS) is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 6.07 USD Billion in the year 2024.
- Conventional Polybutylene Succinate(PBS) is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 10.88 % in forecast period 2025-2032.
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By End Use
- Packaging is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 2.51 USD Billion in the year 2024.
- Packaging is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 13.87 % in forecast period 2025-2032.
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By Packaging Layer
- Primary Packaging is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 4.11 USD Billion in the year 2024.
- Primary Packaging is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 12.73 % in forecast period 2025-2032.
-
South Korea Polybutylene Succinate (PBS) Market to 2032, By Usage
- Single-use is the largest segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a revenue of 6.03 USD Billion in the year 2024.
- Single-use is the Fastest growing segment in South Korea Polybutylene Succinate (PBS) Market to 2032 with a Growth rate of 10.93 % in forecast period 2025-2032.
South Korea 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 | |||
South Korea Polybutylene Succinate (PBS) Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Polybutylene Succinate (PBS) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Polybutylene Succinate (PBS) Market is segmented based on Segmentation Application,Process,Product,End Use,Packaging Layer,Usage.
South Korea Polybutylene Succinate (PBS) Market was valued at USD 8.20(Revenue in USD Billion) in 2022.
South Korea Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 9.97% during the forecast period of 2024 to 2032.
The Conventional Polybutylene Succinate(PBS) segment is expected to dominate the South Korea Polybutylene Succinate (PBS) Market, holding a largest market share of 6.07 USD Billion in 2024
Coming Soon....
South Korea Polybutylene Succinate (PBS) Market Scope
South Korea Polybutylene Succinate (PBS) Market Segmentation & Scope
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)
End Use
- Others
- Automotive
- Electrical & Electronics
- Consumer Goods
- Textile
- Agriculture
- Packaging
Packaging Layer
- Tertiary PackaginG
- Secondary Packaging
- Primary Packaging
Usage
- Reusable
- Single-use
Frequently Asked Questions
The South Korea Polybutylene Succinate (PBS) Market is segmented based on Segmentation Application,Process,Product,End Use,Packaging Layer,Usage.
South Korea Polybutylene Succinate (PBS) Market was valued at USD 8.20(Revenue in USD Billion) in 2022.
South Korea Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 9.97% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Polybutylene Succinate (PBS) Market for final year is USD 14.86 (USD Billion).
South Korea Polybutylene Succinate (PBS) Market Company Profiling
Frequently Asked Questions
The South Korea Polybutylene Succinate (PBS) Market is segmented based on Segmentation Application,Process,Product,End Use,Packaging Layer,Usage.
South Korea Polybutylene Succinate (PBS) Market was valued at USD 8.20(Revenue in USD Billion) in 2022.
South Korea Polybutylene Succinate (PBS) Market is projected to grow at a CAGR of 9.97% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Polybutylene Succinate (PBS) Market for final year is USD 14.86 (USD Billion).
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