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Polybutylene
Succinate Market
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Segmentation and Forecast,
2015– 2025
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Report
Description
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Polybutylene succinate (PBS), also referred to as polytetramethylene succinate, is a
biodegradable thermoplastic polyester resin synthesized by polycondensation of succinic acid
with 1, 4 butanediol. Polybutylene succinate belongs to the family of biodegradable polymers,
and is metabolized by microorganisms present in the ground. Moreover, Polybutylene succinate
is characterized by mechanical properties that are comparable with those of widely used
polymers such as polyethylene and polypropylene. The favorable properties coupled with ease
of processing has resulted in emergence of a variety of application areas across diverse end use
industries for Polybutylene succinate.
Polybutylene succinate Market: Drivers & Restraints
Polybutylene succinate is biodegradable polymer, as such, the growing demand for
biodegradable polymers across the globe is expected to in turn result in a steady growth of
global Polybutylene succinate market. Also, growing adoption in agricultural applications such as
for mulch films is expected to set the pace for growth of Polybutylene succinate market.
Furthermore, the growth in end use industries such as that in packaging industry is expected to
bolster the growth of Polybutylene succinate market during the forecast period. The raw
materials for Polybutylene succinate namely succinic acid and 1, 4 butanediol are produced from
petroleum feedstock, as such, price of these is susceptible to fluctuations resulting from
volatility of crude oil price. This is expected to act as an impediment to the growth of
Polybutylene succinate market during the forecast period.
Report
Description
Report Description
However, a recent trend witnessed among Polybutylene succinate market is that efforts are
channelized towards developing bio-based Polybutylene succinate from bio based 1, 4
butanediol and succinic acid.
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Polybutylene succinate Market: Segmentation
On the basis of end use industry, the global Polybutylene succinate market has been segmented
into the following key market segments:
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Packaging
Agriculture
Textile
Consumer goods
Electronics and electrical
Automotive
Others
Report
Description
Report Description
Polybutylene succinate Market: Region-wise Outlook
On the basis of geographic regions, global Polybutylene succinate market is segmented into
seven key segments namely North America, Latin America, Western Europe, Eastern Europe,
Asia Pacific, Japan, and Middle East & Africa. Among the regional segments, Asia Pacific
Polybutylene succinate market is expected to register fastest growth during the forecast period.
The global polybutylene succinate market is expected to witness a steady growth during the
forecast period.
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Polybutylene succinate Market: Key Players
Some of the identified major participants of the global polybutylene succinate market are as
follows:
Mitsubishi Chemicals
Showa Denko K.K
PTT MCC Biochem Co., Ltd.
IRe Chemical Ltd.
Sinoven Biopolymers Inc.
Report
Description
Report Description
• SK Chemical
• Kingfa Science & Technology Co.
• Anqing Hexing chemical Co., Ltd
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