Global Polybutylene Succinate (PBS) Market, By Type (Conventional Polybutylene Succinate and Bio-Based Polybutylene Succinate), Process (Trans-Esterification, Direct Esterification), End User (Packaging, Agriculture, Textile, Consumer goods, Electronics and Electrical, Automotive and Others), End User Products (Mulch Film, Packaging Film, Bags, Flushable Hygiene Products, Fishing Nets, Coffee Capsules, Wood Plastic Composites), Manufacturing Process (Extrusion, Injection Molding, Blow Molding, Thermoforming, Film Blowing, and Fiber Spinning), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Polybutylene Succinate (PBS) Market
Polybutylene succinate (PBS) market will reach an estimated volume of 155.89 thousand tons by 2027, while registering this growth at a rate of 7.00% for the forecast period of 2020 to 2027. The increasing demand for biodegradable polymers and rising adoption in agricultural applications such as for mulch films will help in enhancing the growth of polybutylene succinate (PBS) market in the above mentioned period
Polybutylene succinate, also termed as polytetramethylene succinate, is a biodegradable aliphatic polyester produced from butylene succinate polymerization reaction. PBS is therefore highly flexible and has characteristics of heat resistance and also used as a polylactic acid blend component.
Increasing demand from packing industry, rising popularity of bio-based polybutylene succinate from butanediol, bio based and succinic acid, growing demand for smart packaging around the world, rising consumer goods industry in developing nations are some of the factors expected to drive growth of the polybutylene succinate (PBS) market in the forecast period of 2020-2027. On the other hand, the growing acceptance of polybutylene succinate for applications in newer industrial vertical will further create several opportunities that will lead to the growth of the polybutylene succinate (PBS) market in the above mentioned period.
High cost of the research and development, unpredictable raw material prices coupled with the strict environmental regulations may hamper the growth of the polybutylene succinate (PBS) market in forecast period of 2020 to 2027.
This polybutylene succinate (PBS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polybutylene succinate (PBS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Polybutylene Succinate (PBS) Market Scope and Market Size
Polybutylene succinate (PBS) market is segmented on the basis of type, process, end user, end user products and manufacturing process. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the polybutylene succinate (PBS) market is segmented into conventional polybutylene succinate and bio-based polybutylene succinate.
- On the basis of process, the polybutylene succinate (PBS) market is segmented into trans-esterification, and direct esterification.
- On the basis of end user, the polybutylene succinate (PBS) market is segmented into packaging, agriculture, textile, consumer goods, electronics and electrical, automotive and others.
- On the basis of end user products, the polybutylene succinate (PBS) market is segmented into mulch film, packaging film, bags, flushable hygiene products, fishing nets, coffee capsules and wood plastic composites.
- On the basis of manufacturing process, the polybutylene succinate (PBS) market is segmented into extrusion, injection molding, blow molding, thermoforming, film blowing, and fiber spinning.
Polybutylene Succinate (PBS) Market Country Level Analysis
Polybutylene succinate (PBS) market is analysed and market size, volume information is provided by country, type, process, end user, end user products and manufacturing process as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the polybutylene succinate (PBS) market due to increasing textile production and rapidly growing automotive industry in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Polybutylene Succinate (PBS) Market Share Analysis
Polybutylene succinate (PBS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polybutylene succinate (PBS) market.
The major players covered in the polybutylene succinate (PBS) market report are Eastman Chemical Company, Anqing Hexing Chemical Co., Ltd., DuPont, BASF SE, Showa Denko, Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd., Succinity Gmbh, Reverdia, Kingfa, Anqing Hexing chemical Co., Ltd, PTT MCC Biochem Co., Ltd., SK chemicals, TEIJIN LIMITED among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Polybutylene Succinate (PBS) Market
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