Product Code: ETC13342141 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Polybutylene Succinate Market was valued at USD 0.38 Billion in 2024 and is expected to reach USD 0.56 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global polybutylene succinate (PBS) market is experiencing growth due to increasing environmental concerns and the demand for sustainable materials in various industries. PBS, a biodegradable polymer derived from succinic acid and 1,4-butanediol, is gaining popularity as a viable alternative to traditional plastics. The market is driven by the growing focus on reducing plastic waste and promoting eco-friendly products. Key applications of PBS include packaging, textiles, automotive, and electronics. Asia-Pacific is expected to dominate the market due to the presence of key manufacturers and the region`s emphasis on sustainable practices. Overall, the global PBS market is projected to witness steady growth in the coming years as companies and consumers alike prioritize sustainability and environmental responsibility.
The Global Polybutylene Succinate Market is experiencing steady growth driven by the increasing demand for sustainable and biodegradable plastics. The push towards reducing environmental impact and the shift from traditional petrochemical-based plastics to eco-friendly alternatives are major factors fueling the market growth. With a focus on reducing plastic waste and promoting circular economy practices, there is a rising opportunity for Polybutylene Succinate in packaging, textile, and automotive applications. Technological advancements in production processes and the development of bio-based raw materials are further driving innovation in the market. Companies are increasingly investing in research and development to enhance the properties and functionalities of Polybutylene Succinate, positioning it as a promising solution in the sustainable plastics market.
The Global Polybutylene Succinate Market faces several challenges, including limited consumer awareness about the benefits of polybutylene succinate compared to traditional plastics, fluctuating prices of raw materials which can impact production costs, and concerns regarding the biodegradability and compostability of the material. Additionally, the market is also impacted by regulatory hurdles related to standards and certifications for biodegradable plastics, as well as competition from other biodegradable materials such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA). Overcoming these challenges will require increased educational efforts to raise awareness, investment in research and development for cost-effective production processes, and collaboration with regulatory bodies to establish clear guidelines for the use of polybutylene succinate in various applications.
The Global Polybutylene Succinate Market is primarily driven by the increasing demand for sustainable and bio-based polymers in various industries such as packaging, textiles, automotive, and electronics. Polybutylene succinate (PBS) is gaining popularity as a biodegradable and compostable alternative to conventional plastics due to its eco-friendly properties. Additionally, stringent government regulations promoting the use of sustainable materials and the growing awareness among consumers regarding the environmental impact of traditional plastics are further propelling the market growth. The versatility of PBS in applications requiring high performance, durability, and recyclability is also a significant factor driving its adoption in different sectors, leading to a positive outlook for the Global Polybutylene Succinate Market.
Government policies related to the Global Polybutylene Succinate Market generally focus on promoting sustainable practices and reducing environmental impact. Many countries have implemented regulations and initiatives to encourage the use of biodegradable and compostable materials like polybutylene succinate (PBS) in various industries, including packaging, textiles, and automotive. These policies include incentives for investment in research and development of PBS-based products, stricter waste management regulations to promote recycling and composting of PBS materials, and the phasing out of single-use plastics. Additionally, some governments provide financial support or tax breaks for companies that adopt PBS as a more environmentally friendly alternative to traditional plastics. Overall, the regulatory landscape is evolving to support the growth of the Global Polybutylene Succinate Market and drive the transition towards a more sustainable economy.
The Global Polybutylene Succinate Market is expected to witness significant growth in the coming years due to the rising demand for eco-friendly and sustainable packaging solutions. The increasing awareness about the environmental impact of traditional plastics has led to a shift towards biodegradable and compostable materials like polybutylene succinate. Additionally, stringent regulations and policies promoting the use of biodegradable plastics are further driving the market growth. The packaging industry, in particular, is embracing polybutylene succinate for its biodegradability, recyclability, and ability to reduce carbon footprint. With ongoing research and development efforts focused on enhancing the properties and reducing the production costs of polybutylene succinate, the market is poised for expansion and innovation in the foreseeable future.
In the global Polybutylene Succinate (PBS) market, Asia Pacific is anticipated to lead in terms of market share and growth, driven by the increasing demand for eco-friendly packaging solutions in countries like China and India. North America and Europe are expected to follow closely behind, with a focus on sustainable packaging alternatives in line with environmental regulations. In the Middle East and Africa region, the market for PBS is projected to witness steady growth due to the rising awareness about reducing plastic waste. Latin America is also poised for growth in the PBS market, fueled by the growing emphasis on sustainable practices in industries such as packaging and textiles. Overall, the global PBS market is likely to experience significant expansion across all regions as companies seek sustainable alternatives to traditional plastics.
Global Polybutylene Succinate Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Polybutylene Succinate Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Polybutylene Succinate Market Revenues & Volume, 2021 & 2031F |
3.3 Global Polybutylene Succinate Market - Industry Life Cycle |
3.4 Global Polybutylene Succinate Market - Porter's Five Forces |
3.5 Global Polybutylene Succinate Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Polybutylene Succinate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Polybutylene Succinate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Polybutylene Succinate Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Global Polybutylene Succinate Market Revenues & Volume Share, By Additives, 2021 & 2031F |
4 Global Polybutylene Succinate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Polybutylene Succinate Market Trends |
6 Global Polybutylene Succinate Market, 2021 - 2031 |
6.1 Global Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Polybutylene Succinate Market, Revenues & Volume, By Virgin, 2021 - 2031 |
6.1.3 Global Polybutylene Succinate Market, Revenues & Volume, By Recycled, 2021 - 2031 |
6.1.4 Global Polybutylene Succinate Market, Revenues & Volume, By Blended, 2021 - 2031 |
6.1.5 Global Polybutylene Succinate Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Polybutylene Succinate Market, Revenues & Volume, By Packaging, 2021 - 2031 |
6.2.3 Global Polybutylene Succinate Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.2.4 Global Polybutylene Succinate Market, Revenues & Volume, By Biomedical, 2021 - 2031 |
6.2.5 Global Polybutylene Succinate Market, Revenues & Volume, By Electronics, 2021 - 2031 |
6.3 Global Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Polybutylene Succinate Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.3.3 Global Polybutylene Succinate Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.3.4 Global Polybutylene Succinate Market, Revenues & Volume, By Consumer Goods, 2021 - 2031 |
6.3.5 Global Polybutylene Succinate Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.4 Global Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Polybutylene Succinate Market, Revenues & Volume, By Plasticizers, 2021 - 2031 |
6.4.3 Global Polybutylene Succinate Market, Revenues & Volume, By Fillers, 2021 - 2031 |
6.4.4 Global Polybutylene Succinate Market, Revenues & Volume, By Stabilizers, 2021 - 2031 |
7 North America Polybutylene Succinate Market, Overview & Analysis |
7.1 North America Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
7.2 North America Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
7.6 North America Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
8 Latin America (LATAM) Polybutylene Succinate Market, Overview & Analysis |
8.1 Latin America (LATAM) Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
8.6 Latin America (LATAM) Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
9 Asia Polybutylene Succinate Market, Overview & Analysis |
9.1 Asia Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
9.6 Asia Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
10 Africa Polybutylene Succinate Market, Overview & Analysis |
10.1 Africa Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
10.6 Africa Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
11 Europe Polybutylene Succinate Market, Overview & Analysis |
11.1 Europe Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
11.6 Europe Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
12 Middle East Polybutylene Succinate Market, Overview & Analysis |
12.1 Middle East Polybutylene Succinate Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Polybutylene Succinate Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Polybutylene Succinate Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Polybutylene Succinate Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Polybutylene Succinate Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Polybutylene Succinate Market, Revenues & Volume, By End Use, 2021 - 2031 |
12.6 Middle East Polybutylene Succinate Market, Revenues & Volume, By Additives, 2021 - 2031 |
13 Global Polybutylene Succinate Market Key Performance Indicators |
14 Global Polybutylene Succinate Market - Export/Import By Countries Assessment |
15 Global Polybutylene Succinate Market - Opportunity Assessment |
15.1 Global Polybutylene Succinate Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Polybutylene Succinate Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Polybutylene Succinate Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Polybutylene Succinate Market Opportunity Assessment, By End Use, 2021 & 2031F |
15.5 Global Polybutylene Succinate Market Opportunity Assessment, By Additives, 2021 & 2031F |
16 Global Polybutylene Succinate Market - Competitive Landscape |
16.1 Global Polybutylene Succinate Market Revenue Share, By Companies, 2024 |
16.2 Global Polybutylene Succinate Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |