Poly Butylene Succinate Market Report 2023 (Global Edition)

Global Poly Butylene Succinate Market Report 2023 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 Industry growth. Poly Butylene Succinate market has been segmented with the help of its Type, Process End-User , and others. Poly Butylene Succinate 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.

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What will be the Conventional Polybutylene Succinate Market Size?

The Conventional Polybutylene Succinate Revenue is estimated to reach USD 429.89 Million in 2029. Polybutylene succinate (PBS) (also known as polytetramethylene succinate) is a polyester-family thermoplastic polymer resin. It is composed of succinic acid, diglycollic acid, and 1,4-butanediol with titanium tetraisopropoxide and magnesium hydrogen phosphate trihydrate.

Bio-Based Polybutylene Succinate

Bio-based polybutylene succinate is groundbreaking in its two-fold bio characteristics. It's made from natural resources including sugarcane, cassava, and maize. Current bio-based polybutylene succinate manufacturing has a bio content of roughly 54 percent, but when bio-based 1,4-butanediol becomes commercially accessible, there is the possibility to generate 100 percent bio-based PBS in the future.

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Global Poly Butylene Succinate market by application 

Trans-Esterification of Polybutylene Succinate

The Trans-Esterification of Polybutylene Succinate segment Revenue in Poly Butylene Succinate will be USD 328.20 Million by 2029.

PBS is created through trans-esterification at various temperatures and with various metal catalysts. They are then evaluated using gel permeation chromatography, nuclear magnetic resonance, fourier transform infrared spectroscopy, polymer melt rheology, and other techniques.

Direct Esterification of Polybutylene Succinate

PBS was synthesized by direct esterification in open and closed systems, with and without nitrogen, using two distinct monomers (succinic acid and anhydride). The most frequent method for producing PBS is the direct esterification of succinic acid with 1,4-butanediol.

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Poly Butylene Succinate End-User Segment Analysis

Global Poly Butylene Succinate market by end user

Packaging

The Packaging segment Revenue in Poly Butylene Succinate will be USD 354.37 Million by 2029.

PBS is used in the packaging industry. PBS could be made into films, bags, or boxes for food, pharmaceutical, and cosmetic packaging. PBS (polybutylene succinate) is a semisynthetic-based polymer that is widely used in food packaging. Blends of PBS with polymers such as PLA provide an example of an ecologically acceptable packaging option.

Agriculture

PBS is a biodegradable aliphatic polymer with a relatively high melting temperature, strong toughness, and processing capabilities. As a result, it is frequently utilized in agriculture. It is utilized in agricultural products like mulch films. Mulch films are commonly used to change soil temperature, control weed development, reduce moisture loss, and increase crop yield and precociousness. PBS is also utilized in the manufacture of vegetation nets.

Textile

Biodegradable polybutylene succinate (PBS) fiber is a novel form of textile fiber. Poly (butylene succinate-co-butylene adipate (PBSA), a biopolymer produced from PBS, is utilized in the textile industry to increase the breathability of related materials.

Consumer Goods

PBS is used in a variety of items, including hygiene products, fishing nets and lines, coffee capsules, wood plastic composites, biodegradable plates, cups, flatware, and others. Polybutylene succinate (PBS) is an excellent contender for contributing to cleaner end-of-life solutions and reduced disposal costs in situations where reuse or recycling are not viable. As a result, it is found in a wide range of consumer items.

Electronics and Electrical

Polybutylene succinate (PBS) is commonly utilized in a variety of wearable devices. It is utilized to combine thin films that will be employed in a biodegradable elastomeric substrate resistive switching memory device. It is also employed in flexible touch sensors, health monitoring, and implantable devices.

Automotive

Polybutylene succinate is widely mixed with natural fibers such as switchgrass for automotive applications (SG). These novel composite materials are widely used in the automobile industry since they are promoted as feasible bio-based replacements for traditional petroleum-based polymers.

Other

Polybutylene succinate (PBS) is also employed in a variety of other sectors, including medicine. PBSU has lately found use in the biomedical area, notably in tissue engineering and medication delivery. PBS also promises to obtain market shares in fisheries (for fishing nets), forestry, civil engineering, and other industries where material recovery and recycling are difficult.

• Packaging
• Agriculture
• Textile
• Consumer Goods
• Electronics and Electrical
• Automotive
• Other

Poly Butylene Succinate Market Regional Analysis

Region and country analysis section of Poly Butylene Succinate Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Poly Butylene Succinate market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Poly Butylene Succinate Industry News

PTT MCC Biochem Co., Ltd.

PTT MCC Biochem Co., Ltd. is biochemical products manufacturing company of Thailand. Approximately 200 employees work in company. Company offers bioplastic, BioPBS (Poly Butylene Succinate – PBS). The BioPBS is used in paper coating, flexible packaging, compounding and fiber & nonwoven. 

SHOWA DENKO K.K.

SHOWA DENKO K.K. is a Japan based chemical company that operates in seven major segments including petrochemicals, chemicals, electronics, inorganics, aluminum, Showa Denko Materials, and others. Its petrochemicals segment offers Olefins (ethylene and propylene), organic chemicals (vinyl acetate monomer, ethyl acetate, and allyl alcohol), and polymer (polypropylene). 

Electronics segment offers Hard disks (HDs), SiC epitaxial wafers for power devices, compound semiconductors (LED chips), and lithium-ion battery (LIB) materials the chemicals offered by company are functional chemicals, industrial gases, basic chemicals, electronic chemicals, and coating materials. Further its inorganics segment offers graphite electrodes and ceramics. It offers Rolled products, specialty components, and beverage cans in its aluminum segment. The company also engaged in offerings of building materials and general trading. 

Top Companies Market Share in Poly Butylene Succinate Industry: (In no particular order of Rank)

• Ire Chemical Ltd.
• The Dow Chemical Co.
• Genomatica Inc.
• Sinoven Biopolymers Inc.
• Yifan Pharmaceutical Co. Ltd.
• Shandong Fuwin New Material Co. Ltd.
• BASF SE
• Eastman Chemical Co.
• Showa Denko KK
• Anqing He Xing Chemical Co. Ltd.
• Succinity GmbH
• BioAmber Inc.
• Mitsubishi Chemical Corp.
• NaturePlast
• Zhejiang Hangzhou Xinfu Pharmaceutical Co. Ltd.
• Reverdia VOF
• PTT MCC Biochem Co. Ltd.
• Kingfa Science & Technology Co.
• Koninklijke DSM NV
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