Global Poly Butylene Succinate - PBS
Market Report
2025
Poly Butylene Succinate - PBS Market size is USD 276.9 Million in 2024 and will expand at a compound annual growth rate (CAGR) of 20.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Poly Butylene Succinate market size is USD 276.9 million in 2024 and will expand at a compound annual growth rate (CAGR) of 20.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Poly Butylene Succinate - PBS Market Sales Revenue | $ 426.349 Million | $ 585 Million | $ 1101.38 Million | 8.23% |
North America Poly Butylene Succinate - PBS Market Sales Revenue | $ 125.006 Million | $ 166.842 Million | $ 305.302 Million | 7.846% |
United States Poly Butylene Succinate - PBS Market Sales Revenue | $ 97.329 Million | $ 129.236 Million | $ 234.961 Million | 7.759% |
Canada Poly Butylene Succinate - PBS Market Sales Revenue | $ 18.051 Million | $ 24.426 Million | $ 45.917 Million | 8.21% |
Mexico Poly Butylene Succinate - PBS Market Sales Revenue | $ 9.625 Million | $ 13.181 Million | $ 24.424 Million | 8.015% |
Europe Poly Butylene Succinate - PBS Market Sales Revenue | $ 92.091 Million | $ 122.85 Million | $ 227.986 Million | 8.036% |
United Kingdom Poly Butylene Succinate - PBS Market Sales Revenue | $ 10.314 Million | $ 14.005 Million | $ 26.446 Million | 8.271% |
Germany Poly Butylene Succinate - PBS Market Sales Revenue | $ 14.827 Million | $ 20.393 Million | $ 39.214 Million | 8.516% |
France Poly Butylene Succinate - PBS Market Sales Revenue | $ 10.498 Million | $ 13.636 Million | $ 24.394 Million | 7.541% |
Italy Poly Butylene Succinate - PBS Market Sales Revenue | $ 5.802 Million | $ 7.248 Million | $ 12.539 Million | 7.092% |
Russia Poly Butylene Succinate - PBS Market Sales Revenue | $ 11.511 Million | $ 14.865 Million | $ 26.674 Million | 7.582% |
Spain Poly Butylene Succinate - PBS Market Sales Revenue | $ 6.723 Million | $ 8.6 Million | $ 15.731 Million | 7.841% |
Sweden Poly Butylene Succinate - PBS Market Sales Revenue | $ 4.789 Million | $ 6.143 Million | $ 10.715 Million | 7.203% |
Denmark Poly Butylene Succinate - PBS Market Sales Revenue | $ 3.988 Million | $ 5.16 Million | $ 9.347 Million | 7.711% |
Switzerland Poly Butylene Succinate - PBS Market Sales Revenue | $ 3.96 Million | $ 5.037 Million | $ 8.891 Million | 7.362% |
Luxembourg Poly Butylene Succinate - PBS Market Sales Revenue | $ 2.855 Million | $ 3.563 Million | $ 6.384 Million | 7.563% |
Rest of Europe Poly Butylene Succinate - PBS Market Sales Revenue | $ 16.825 Million | $ 24.201 Million | $ 47.649 Million | 8.837% |
Asia Pacific Poly Butylene Succinate - PBS Market Sales Revenue | $ 152.633 Million | $ 210.6 Million | $ 416.322 Million | 8.892% |
China Poly Butylene Succinate - PBS Market Sales Revenue | $ 59.527 Million | $ 82.766 Million | $ 168.61 Million | 9.302% |
Japan Poly Butylene Succinate - PBS Market Sales Revenue | $ 16.881 Million | $ 22.45 Million | $ 42.715 Million | 8.373% |
India Poly Butylene Succinate - PBS Market Sales Revenue | $ 27.321 Million | $ 38.961 Million | $ 79.934 Million | 9.399% |
South Korea Poly Butylene Succinate - PBS Market Sales Revenue | $ 8.09 Million | $ 10.109 Million | $ 17.902 Million | 7.405% |
Australia Poly Butylene Succinate - PBS Market Sales Revenue | $ 3.251 Million | $ 4.065 Million | $ 7.202 Million | 7.413% |
Singapore Poly Butylene Succinate - PBS Market Sales Revenue | $ 4.732 Million | $ 6.107 Million | $ 11.241 Million | 7.924% |
South East Asia Poly Butylene Succinate - PBS Market Sales Revenue | $ 23.307 Million | $ 32.58 Million | $ 60.949 Million | 8.144% |
Taiwan Poly Butylene Succinate - PBS Market Sales Revenue | $ 5.037 Million | $ 6.529 Million | $ 12.073 Million | 7.988% |
Rest of APAC Poly Butylene Succinate - PBS Market Sales Revenue | $ 4.487 Million | $ 7.034 Million | $ 15.695 Million | 10.553% |
South America Poly Butylene Succinate - PBS Market Sales Revenue | $ 23.876 Million | $ 39.78 Million | $ 75.995 Million | 8.428% |
Brazil Poly Butylene Succinate - PBS Market Sales Revenue | $ 8.118 Million | $ 13.645 Million | $ 26.294 Million | 8.546% |
Argentina Poly Butylene Succinate - PBS Market Sales Revenue | $ 3.104 Million | $ 5.052 Million | $ 9.195 Million | 7.774% |
Colombia Poly Butylene Succinate - PBS Market Sales Revenue | $ 1.6 Million | $ 2.705 Million | $ 5.244 Million | 8.626% |
Peru Poly Butylene Succinate - PBS Market Sales Revenue | $ 1.337 Million | $ 2.148 Million | $ 3.952 Million | 7.917% |
Chile Poly Butylene Succinate - PBS Market Sales Revenue | $ 0.979 Million | $ 1.551 Million | $ 2.888 Million | 8.076% |
Rest of South America Poly Butylene Succinate - PBS Market Sales Revenue | $ 8.738 Million | $ 14.679 Million | $ 28.422 Million | 8.61% |
Middle East Poly Butylene Succinate - PBS Market Sales Revenue | $ 19.868 Million | $ 27.261 Million | $ 45.817 Million | 6.705% |
Saudi Arabia Poly Butylene Succinate - PBS Market Sales Revenue | $ 8.066 Million | $ 11.204 Million | $ 18.776 Million | 6.666% |
Turkey Poly Butylene Succinate - PBS Market Sales Revenue | $ 4.55 Million | $ 6.134 Million | $ 10.171 Million | 6.526% |
UAE Poly Butylene Succinate - PBS Market Sales Revenue | $ 2.317 Million | $ 3.206 Million | $ 5.544 Million | 7.086% |
Egypt Poly Butylene Succinate - PBS Market Sales Revenue | $ 2.225 Million | $ 3.108 Million | $ 5.315 Million | 6.938% |
Qatar Poly Butylene Succinate - PBS Market Sales Revenue | $ 1.677 Million | $ 2.383 Million | $ 4.05 Million | 6.857% |
Rest of Middle East Poly Butylene Succinate - PBS Market Sales Revenue | $ 1.033 Million | $ 1.227 Million | $ 1.961 Million | 6.039% |
Africa Poly Butylene Succinate - PBS Market Sales Revenue | $ 12.876 Million | $ 17.667 Million | $ 29.958 Million | 6.824% |
Nigeria Poly Butylene Succinate - PBS Market Sales Revenue | $ 3.193 Million | $ 4.417 Million | $ 7.609 Million | 7.036% |
South Africa Poly Butylene Succinate - PBS Market Sales Revenue | $ 5.588 Million | $ 7.597 Million | $ 12.732 Million | 6.668% |
Rest of Africa Poly Butylene Succinate - PBS Market Sales Revenue | $ 4.094 Million | $ 5.653 Million | $ 9.616 Million | 6.865% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by End-use Industry |
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List of Competitors |
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Poly Butylene Succinate - PBS Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Poly Butylene Succinate - PBS is a biodegradable thermoplastic polymer composed of repeating units of butylene succinate. It exhibits properties akin to traditional plastics, including good mechanical strength, flexibility, and thermal stability. PBS is derived from renewable resources, making it environmentally friendly. Its biodegradability enables decomposition by microorganisms, reducing environmental impact compared to conventional plastics. PBS finds applications in various industries, including packaging, agriculture, automotive, and textiles, where sustainability and biodegradability are prioritized. As a versatile material, PBS contributes to the development of eco-friendly products, offering a balance between performance and environmental responsibility in the polymer market.
Consumer preference for eco-friendly products has been a significant driver in increasing sales within the Poly Butylene Succinate (PBS) market. As awareness of environmental issues grows, consumers are actively seeking sustainable alternatives to traditional plastics. PBS, being biodegradable and derived from renewable resources, aligns with these preferences, making it a desirable choice for eco-conscious consumers. The demand for PBS-based products, particularly in industries such as packaging, textiles, and automotive, has surged as companies respond to this trend by offering sustainable options to meet consumer needs.
In November 2023, BASF Services Europe GmbH inaugurated a cutting-edge service hub in Berlin, spanning 15,000 square meters across eight floors within the SCALE office complex in the vibrant Prenzlauer Berg district. This hub is designed to cater to approximately 2,800 employees, offering comprehensive business management services for BASF Group entities across Europe, the Middle East, and Africa.
(Source: https://www.basf.com/global/en/media/news-releases/2023/11/p-23-365.html)
Environmental Regulations and Awareness to Increase the Demand Globally: Environmental regulations and heightened awareness regarding plastic pollution are significant drivers increasing the demand for environmentally friendly alternatives like Poly Butylene Succinate (PBS) globally. Governments worldwide are implementing stringent regulations aimed at reducing plastic waste and promoting the adoption of biodegradable materials. These regulations encompass bans on single-use plastics, extended producer responsibility (EPR) schemes, and mandates for eco-friendly packaging solutions. Additionally, growing public awareness of the environmental impacts of conventional plastics has led to a shift in consumer preferences towards sustainable products. This demand from both regulatory bodies and consumers is propelling the growth of the PBS market. Manufacturers, responding to this trend, are investing in research and development to enhance the performance and cost-effectiveness of PBS, positioning it as a viable solution to mitigate plastic pollution while meeting the needs of industries ranging from packaging to textiles and beyond.
Shift towards Sustainable Packaging to Propel Market Growth: The global shift towards sustainable packaging is a pivotal driver propelling market growth for eco-friendly alternatives such as Poly Butylene Succinate (PBS). With mounting concerns over plastic pollution and its environmental impact, consumers, businesses, and governments are increasingly prioritizing sustainable packaging solutions. PBS, being biodegradable and derived from renewable resources, aligns with these sustainability goals. Its versatility and compatibility with various packaging applications make it an attractive option for industries seeking to reduce their carbon footprint. Furthermore, as consumer awareness regarding environmental issues continues to rise, there's a growing demand for products packaged in eco-friendly materials like PBS. This demand is driving innovation and investment in PBS technology, leading to advancements in performance, cost-effectiveness, and scalability. Overall, the shift towards sustainable packaging represents a significant opportunity for market growth, as companies adapt to meet the evolving needs of environmentally conscious consumers and regulatory requirements.
Cost Competitiveness to Limit the Sales: Cost competitiveness presents a significant restraint on the sales of Poly Butylene Succinate (PBS). While PBS offers environmental benefits over traditional plastics, its production costs tend to be higher due to factors such as raw material sourcing, manufacturing processes, and economies of scale. This higher cost can limit its adoption, particularly in price-sensitive markets where businesses prioritize cost-effectiveness. Additionally, PBS may face competition from cheaper petroleum-based plastics, which can hinder its market penetration. The challenge lies in balancing the environmental advantages of PBS with its affordability. Innovations in production processes, efficiency improvements, and scale-up efforts are essential to drive down costs and enhance PBS's competitiveness in the market. However, until production costs can be sufficiently reduced, cost competitiveness remains a significant barrier that may limit the widespread sales and adoption of PBS.
Enhanced Research and Development in Bio-Based PBS Production Utilizing Renewable Resources: Organizations are creating PBS from biomass feedstock such as sugarcane. This approach diminishes dependence on fossil fuels and enhances the carbon footprint. Innovations based on bio-resources are anticipated to significantly accelerate the adoption of PBS.
Strategic Collaborations and Investments by Leading Chemical Companies: Key industry participants are establishing partnerships to increase the production and innovation of PBS. Collaborations with agricultural enterprises and major packaging companies are on the rise. This improves supply chain efficiency and extends regional outreach.
The COVID-19 pandemic has negatively impacted the Poly Butylene Succinate (PBS) market on various fronts. Disruptions in supply chains, logistical challenges, and reduced manufacturing capacities have hampered production and distribution channels for PBS. Many industries, including packaging, automotive, and textiles, experienced decreased demand as lockdowns and economic uncertainties slowed down consumer spending. Additionally, the shift in consumer priorities towards essential items and away from non-essential goods further dampened demand for PBS-based products. Travel restrictions and social distancing measures also affected business collaborations and hindered market expansion efforts. Uncertainties surrounding the duration and severity of the pandemic have led to cautious investment decisions, delaying planned projects and hindering market growth prospects. Overall, the COVID-19 pandemic has posed significant challenges to the PBS market, affecting both supply and demand dynamics.
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The competitive landscape of the Poly Butylene Succinate (PBS) market is characterized by a mix of established players and emerging entrants vying for market share. Companies are focused on research and development to improve product performance and cost-effectiveness. Partnerships and collaborations are common strategies to expand market presence and leverage complementary strengths. Additionally, firms are exploring innovative applications and sustainable solutions to differentiate themselves in the market and capitalize on growing demand for eco-friendly alternatives.
Top Companies Market Share in Poly Butylene Succinate - PBS Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to stringent environmental regulations favoring biodegradable materials. Additionally, the region's advanced packaging industry demands sustainable alternatives, driving PBS sales. Growing consumer awareness and preference for eco-friendly products further boosts the market growth. Technological advancements and investments in research and development foster innovation, expanding the application scope of PBS in various industries. Furthermore, collaborations between key market players and government initiatives supporting sustainable initiatives contribute to market expansion.
Asia-Pacific stands out as the fastest-growing region in the poly butylene succinate market due to rapid industrialization and urbanization. Increasing environmental concerns and government initiatives promoting sustainable development drive demand for biodegradable materials like PBS. The region's booming packaging, textile, and automotive industries present significant opportunities for PBS sales growth. Moreover, rising disposable incomes and changing consumer lifestyles lead to greater adoption of eco-friendly products. Investments in infrastructure and technological advancements in PBS production further fuel market expansion. Additionally, favorable government policies and incentives attract investments, fostering market growth in the Asia-Pacific region.
The current report Scope analyzes Poly Butylene Succinate - PBS Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Poly butylene succinate market size was estimated at USD 276.9 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 110.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031. In North America, sales of poly butylene succinate (PBS) are poised to increase due to stringent environmental regulations favoring biodegradable materials. Additionally, the region's well-established packaging industry demands sustainable alternatives, driving PBS sales. Rising consumer awareness about plastic pollution and its environmental impact further boosts demand for eco-friendly materials like PBS. Moreover, technological advancements in PBS production processes enhance its performance and cost-effectiveness, fostering market growth. The packaging industry, being the dominant segment in North America, will continue to grow as companies prioritize sustainable packaging solutions to meet consumer demands and regulatory requirements. According to Cognitive Market Research, The United States poly butylene succinate market had a market share of USD 87.39 million in 2024 and is projected to grow at a CAGR of 18.0% during the forecast period. Increasing environmental regulations and consumer demand for sustainable packaging solutions drive PBS sales. Technological advancements and collaborations foster innovation, boosting market growth in the U.S. Canada poly butylene succinate market had a market size of USD 13.29 million in 2024 and is projected to grow at a CAGR of 19.0% during the forecast period. Growing awareness of plastic pollution and government initiatives promoting eco-friendly materials bolster PBS sales. Investments in research and development enhance product quality, driving market expansion in Canada. Mexico poly butylene succinate market had a market size of USD 10.08 million in 2024 and is projected to grow at a CAGR of 18.7% during the forecast period.
According to Cognitive Market Research, the global Poly butylene succinate market size was estimated at USD 276.9 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 83.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.5% from 2024 to 2031. Europe anticipates a surge in poly butylene succinate (PBS) sales driven by the region's strong commitment to sustainability and environmental protection. Stringent regulations promoting the use of biodegradable materials propel demand for PBS in various applications. Moreover, increasing consumer awareness and preferences for eco-friendly products boost sales. Collaborations between key industry players and research institutions drive innovation in PBS technology, further stimulating market growth. In Europe, the packaging industry dominates, and its growth is fueled by the transition towards sustainable packaging solutions, aligning with consumer preferences and regulatory mandates. The United Kingdom poly butylene succinate market had a market size of USD 13.96 million in 2024 and is projected to grow at a CAGR of 19.3% during the forecast period. Stringent regulations favouring biodegradable materials and consumer preference for sustainable products propel PBS sales. Collaborations between industry players drive innovation, fostering market growth in the UK. France poly butylene succinate market had a market size of USD 7.64 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period. Germany poly butylene succinate market had a market size of USD 16.45 million in 2024 and is projected to grow at a CAGR of 18.7% during the forecast period. Strong emphasis on sustainability and advancements in PBS technology drive sales. The packaging industry's demand for eco-friendly materials and investments in infrastructure contribute to market growth in Germany. Italy poly butylene succinate market had a market size of USD 7.14 million in 2024 and is projected to grow at a CAGR of 17.9% during the forecast period. Russia poly butylene succinate market had a market size of USD 12.88 million in 2024 and is projected to grow at a CAGR of 17.5% during the forecast period. Spain poly butylene succinate market had a market size of USD 6.81 million in 2024 and is projected to grow at a CAGR of 17.6%. Luxembourg poly butylene succinate market had a market size of USD 2.58 million in 2024 and is projected to grow at a CAGR of 18.6% during the forecast period. Portugal poly butylene succinate market had a market size of USD 1.74 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. Greece poly butylene succinate market had a market size of USD 1.00 million in 2024 and is projected to grow at a CAGR of 18.8% during the forecast period. Rest of Europe poly butylene succinate market had a market size of USD 12.88 million in 2024 and is projected to grow at a CAGR of 17.2% during the forecast period.
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According to Cognitive Market Research, the global Poly butylene succinate market size was estimated at USD 276.9 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 63.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.0% from 2024 to 2031. The Asia-Pacific region witnesses a significant increase in poly butylene succinate (PBS) sales owing to rapid industrialization, urbanization, and environmental concerns. Growing consumer awareness and government initiatives promoting sustainable development drive demand for eco-friendly materials like PBS. Additionally, the booming packaging and textile industries present substantial opportunities for PBS sales growth. Technological advancements and investments in PBS production infrastructure enhance product quality and affordability, further fueling market expansion. Within Asia Pacific, the textile segment experiences rapid growth as consumers increasingly opt for sustainable clothing and home textiles made from PBS. According to Cognitive Market Research, China poly butylene succinate market had a market size of USD 28.66 million in 2024 and is projected to grow at a CAGR of 21.5% during the forecast period. Rapid industrialization and urbanization coupled with government support for sustainable development boost PBS sales. Growing consumer awareness and investments in PBS production infrastructure further drive market growth in China. Japan poly butylene succinate market had a market size of USD 8.79 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. India poly butylene succinate market had a market size of USD 7.64 million in 2024 and is projected to grow at a CAGR of 23.8% during the forecast period. Increasing environmental concerns and government initiatives promoting sustainable materials drive PBS sales. Rising consumer demand for eco-friendly products and investments in PBS technology foster market growth in India. South Korea poly butylene succinate market had a market size of USD 6.37 million in 2024 and is projected to grow at a CAGR of 21.1% during the forecast period. Australia poly butylene succinate market had a market size of USD 3.31 million in 2024 and is projected to grow at a CAGR of 21.7% during the forecast period. South East Asia poly butylene succinate market had a market size of USD 4.39 million in 2024 and is projected to grow at a CAGR of 23.0% during the forecast period. Rest of Asia Pacific poly butylene succinate market had a market size of USD 4.52 million in 2024 and is projected to grow at a CAGR of 21.8% during the forecast period.
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According to Cognitive Market Research, the global Poly butylene succinate market size was estimated at USD 276.9 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 13.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2031. Latin America sees a notable rise in poly butylene succinate (PBS) sales fueled by increasing environmental awareness and government initiatives promoting sustainable development. The region's growing packaging industry demands eco-friendly alternatives, driving PBS sales. Additionally, rising consumer preferences for sustainable products boost demand for PBS-based packaging and textiles. Collaborations between industry stakeholders and research institutions drive innovation in PBS technology, further stimulating market growth. In Latin America, the packaging industry dominates, and its expansion is driven by the adoption of PBS for sustainable packaging solutions, meeting both consumer demands and regulatory requirements. According to Cognitive Market Research, Brazil poly butylene succinate market had a market size of USD 5.93 million in 2024 and is projected to grow at a CAGR of 20.0% during the forecast period. Environmental regulations and consumer demand for sustainable packaging solutions propel PBS sales. Investments in research and development and collaborations drive innovation, fostering market growth in Brazil. Argentina poly butylene succinate market had a market size of USD 2.33 million in 2024 and is projected to grow at a CAGR of 20.3% during the forecast period. Rising environmental awareness and government support for sustainable development drive PBS sales. Growing consumer preference for eco-friendly products and investments in PBS production infrastructure contribute to market expansion in Argentina. Colombia poly butylene succinate market had a market size of USD 1.23 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. Peru poly butylene succinate market had a market size of USD 1.14 million in 2024 and is projected to grow at a CAGR of 19.6% during the forecast period. Chile poly butylene succinate market had a market size of USD 1.00 million in 2024 and is projected to grow at a CAGR of 19.7% during the forecast period. Rest of Latin America poly butylene succinate market had a market size of USD 2.23 million in 2024 and is projected to grow at a CAGR of 18.5% during the forecast period.
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According to Cognitive Market Research, the global Poly butylene succinate market size was estimated at USD 276.9 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 5.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031. In the MEA region, poly butylene succinate (PBS) sales are set to increase due to growing environmental concerns and initiatives promoting sustainability. The region's expanding packaging industry seeks eco-friendly materials, driving demand for PBS. Moreover, rising consumer awareness and preferences for sustainable products further boost PBS sales. Investments in research and development enhance PBS technology, improving product performance and cost-effectiveness, fostering market growth. Within MEA, the agriculture segment experiences rapid growth as PBS is increasingly used for mulch films and planting pots, aligning with sustainable agricultural practices and environmental conservation efforts. GCC Countries poly butylene succinate market had a market size of USD 2.37 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. Government initiatives promoting sustainability and investments in eco-friendly materials drive PBS sales. Growing awareness of environmental issues and collaborations between industry players stimulate market growth in GCC Countries. Egypt poly butylene succinate market had a market size of USD 0.58 million in 2024 and is projected to grow at a CAGR of 20.0% during the forecast period. South Africa poly butylene succinate market had a market size of USD 0.88 million in 2024 and is projected to grow at a CAGR of 20.7% during the forecast period. Increasing concerns over plastic pollution and government efforts to promote sustainable materials bolster PBS sales. Investments in research and development and collaborations drive innovation, fueling market growth in South Africa. Turkey poly butylene succinate market had a market size of USD 0.48 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. Nigeria poly butylene succinate market had a market size of USD 0.58 million in 2024 and is projected to grow at a CAGR of 18.8% during the forecast period. Rest of MEA poly butylene succinate market had a market size of USD 0.65 million in 2024 and is projected to grow at a CAGR of 18.7% during the forecast period.
Global Poly Butylene Succinate - PBS Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Poly Butylene Succinate - PBS Industry growth. Poly Butylene Succinate - PBS market has been segmented with the help of its Product Type, Processing Method End-use Industry, and others. Poly Butylene Succinate - PBS market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, petro-based stands out as the dominating category due to its established production infrastructure and lower production costs. Industries favor it for its familiarity and compatibility with existing manufacturing processes, driving consistent sales. Moreover, its versatility in various applications, from packaging to automotive, ensures sustained demand. Additionally, ongoing advancements in petro-based PBS technology enhance its performance and affordability, further solidifying its position as the dominant category in the market.
Bio-based emerges as the fastest-growing category in the poly butylene succinate market driven by increasing environmental concerns and regulations favoring sustainable materials. Industries and consumers alike prioritize eco-friendly alternatives, propelling demand for bio-based PBS. Its renewable sourcing and biodegradability align with sustainability goals, boosting adoption. Furthermore, innovations in bio-based PBS production processes improve efficiency and lower costs, making it increasingly competitive with petro-based alternatives. This combination of factors positions bio-based PBS for rapid sales growth in the market.
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According to Cognitive Market Research, the dominating category is injection molding due to its versatility and widespread application across industries. Its ability to produce intricate shapes and designs efficiently drives demand. Industries such as packaging, automotive, and electronics rely on injection-molded PBS for various components and products. Additionally, advancements in injection molding technology enhance productivity and reduce production costs, further fueling sales growth in this segment.
The fastest-growing category in the poly butylene succinate market is extrusion owing to its versatility and efficiency in producing films, sheets, and profiles. The packaging, agriculture, and construction industries increasingly rely on extruded PBS for various applications. Its ability to create uniform products with consistent quality drives demand. Moreover, advancements in extrusion technology enable the production of complex shapes and structures, expanding the potential applications and driving sales growth in this segment.
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According to Cognitive Market Research, the dominating category is packaging industry due to the widespread use of Poly Butylene Succinate (PBS) in various packaging applications. PBS offers advantages such as biodegradability, strength, and thermal stability, making it ideal for packaging materials. Additionally, increasing environmental concerns and regulations favoring sustainable packaging solutions drive demand for PBS. Innovation in packaging designs and the versatility of PBS further contribute to its dominance in this segment.
The fastest-growing category in the poly butylene succinate market is textile due to rising demand for sustainable textile materials. PBS offers eco-friendly alternatives to traditional textiles, reducing environmental impact. Its properties such as biodegradability, durability, and moisture-wicking make it suitable for various textile applications, including sportswear, apparel, and interior textiles. Consumer preferences for sustainable fashion drive the adoption of PBS-based textiles, fueling sales growth in this segment.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
The global poly butylene succinate market will expand significantly by 20.00% CAGR between 2024 to 2031. Sales of petro-based PBS will increase due to its established production infrastructure, lower production costs, versatility in various applications, and compatibility with existing manufacturing processes. Sales of injection molding will increase due to its versatility in producing intricate shapes efficiently, widespread application across industries, and advancements in technology enhancing productivity and reducing costs.
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Product Type | Bio-Based, Petro-Based |
Processing Method | Injection Molding, Extrusion, Blow Molding, Film Casting |
End-use Industry | Packaging Industry |
List of Competitors | PTT MCC Biochem Co., Ltd., Anhui Sealong Biotechnology Co., Ltd., Vizag Chemicals, Shandong Fuwin New Material Co., Ltd., Shandong LanDian Biological Technology Co., LTD., Xinjiang Blue Ridge Tunhe Sci. &Tech. Co., Ltd., Shangdong Life Chemical Co., Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review Global Poly Butylene Succinate - PBS Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review North America Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review Europe Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review Asia Pacific Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review South America Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review Middle East Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Poly Butylene Succinate - PBS. Further deep in this chapter, you will be able to review Middle East Poly Butylene Succinate - PBS Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Poly Butylene Succinate - PBS. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Processing Method Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Poly Butylene Succinate - PBS market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Bio-Based have a significant impact on Poly Butylene Succinate - PBS market? |
What are the key factors affecting the Bio-Based and Petro-Based of Poly Butylene Succinate - PBS Market? |
What is the CAGR/Growth Rate of Injection Molding during the forecast period? |
By type, which segment accounted for largest share of the global Poly Butylene Succinate - PBS Market? |
Which region is expected to dominate the global Poly Butylene Succinate - PBS Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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