Product Code: ETC13148214 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | 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 0.32 Billion in 2024 and is expected to reach USD 0.45 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).
The Global Polybutylene Succinate (PBS) Market is experiencing steady growth due to increasing demand for eco-friendly and sustainable materials in various industries such as packaging, textiles, and automotive. PBS, a biodegradable polymer derived from succinic acid and 1,4-butanediol, offers properties like good thermal stability, high mechanical strength, and biodegradability, making it an attractive alternative to traditional plastics. The market is driven by growing environmental concerns, government regulations promoting sustainable practices, and a shift towards biodegradable materials. Asia-Pacific region dominates the market due to rapid industrialization, increasing consumer awareness, and favorable government policies. Key players in the Global PBS Market include BASF SE, Mitsubishi Chemical Corporation, and Showa Denko K.K. Ongoing research and development efforts to enhance PBS properties and expand its applications are expected to further drive market growth in the coming years.
The Global Polybutylene Succinate Market is witnessing growing demand due to its eco-friendly and biodegradable properties, making it a sustainable alternative to traditional plastics. The increasing awareness about environmental concerns and regulations promoting the use of biodegradable materials are driving the market growth. The packaging industry is a key sector driving the demand for polybutylene succinate, particularly in food packaging and agricultural applications. Moreover, the automotive industry is also adopting polybutylene succinate for interior components and trim applications due to its lightweight and durable properties. Opportunities in the market lie in the development of innovative products and expanding applications in various industries. Collaborations and partnerships with key players in different sectors can further propel the market growth and adoption of polybutylene succinate globally.
The Global Polybutylene Succinate Market faces several challenges, including limited awareness and understanding of the material among consumers and manufacturers, competition from other biodegradable plastics, fluctuating raw material prices, and the need for improved processing technologies to enhance the material`s performance properties. Additionally, regulatory uncertainties and varying government policies regarding the use of biodegradable plastics can hinder market growth. Market players are also striving to overcome challenges related to scaling up production capacity and achieving cost competitiveness compared to traditional plastics. Overall, addressing these challenges requires collaborative efforts from industry stakeholders to drive innovation, raise awareness, and develop sustainable solutions to propel the growth of the Polybutylene Succinate Market globally.
The global Polybutylene Succinate (PBS) market is primarily driven by the increasing demand for eco-friendly and sustainable packaging solutions across various industries. PBS is a biodegradable polymer derived from renewable resources, making it a popular choice for applications in packaging, textiles, and automotive sectors. Growing awareness about environmental concerns and stringent regulations promoting the use of biodegradable materials are further propelling the market growth. Additionally, the versatility of PBS in terms of its mechanical properties, thermal stability, and biocompatibility is driving its adoption in various end-use industries. Technological advancements aimed at improving the production process and reducing costs are also contributing to the expansion of the global PBS market.
Government policies related to the Global Polybutylene Succinate Market primarily focus on promoting sustainable practices and reducing plastic waste. Many governments around the world have introduced regulations and incentives to encourage the use of biodegradable materials like polybutylene succinate in various industries. These policies often include mandates for the use of eco-friendly materials, tax breaks for companies using biodegradable plastics, and initiatives to increase recycling rates. Additionally, some governments are investing in research and development efforts to improve the efficiency and affordability of biodegradable materials like polybutylene succinate. Overall, the government policies aim to foster a more environmentally friendly approach to production and consumption in the polybutylene succinate market.
The Global Polybutylene Succinate Market is expected to witness significant growth in the coming years due to increasing demand for sustainable and biodegradable plastics. Polybutylene succinate offers various advantages such as biodegradability, recyclability, and good mechanical properties, making it an attractive alternative to conventional plastics. The growing emphasis on environmental sustainability, stringent regulations on plastic usage, and the increasing adoption of bio-based materials across various industries are key factors driving the market growth. Additionally, advancements in technology for the production of polybutylene succinate and expanding applications in packaging, textiles, and automotive sectors are further fueling market expansion. Overall, the Global Polybutylene Succinate Market is poised for steady growth in the foreseeable future.
In the Global Polybutylene Succinate Market, Asia Pacific is expected to dominate in terms of market share due to the increasing demand for eco-friendly packaging solutions in countries like China, Japan, and South Korea. North America and Europe are also significant markets for polybutylene succinate, driven by the growing focus on sustainability and stringent regulatory measures promoting the use of biodegradable plastics. In the Middle East and Africa region, the market is poised for steady growth as awareness about environmental issues rises, leading to a shift towards sustainable packaging materials. Latin America is witnessing a gradual uptake of polybutylene succinate, particularly in countries like Brazil and Mexico, as manufacturers and consumers alike prioritize environmentally friendly products.
Global Polybutylene Succinate (PBS) 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 (PBS) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Polybutylene Succinate (PBS) Market - Industry Life Cycle |
3.4 Global Polybutylene Succinate (PBS) Market - Porter's Five Forces |
3.5 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.10 Global Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Packaging Layer, 2021 & 2031F |
4 Global Polybutylene Succinate (PBS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Polybutylene Succinate (PBS) Market Trends |
6 Global Polybutylene Succinate (PBS) Market, 2021 - 2031 |
6.1 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Conventional Polybutylene Succinate (PBS), 2021 - 2031 |
6.1.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Bio-Based Polybutylene Succinate(PBS), 2021 - 2031 |
6.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Trans-Esterification, 2021 - 2031 |
6.2.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Direct Esterification, 2021 - 2031 |
6.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Bags, 2021 - 2031 |
6.3.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Mulch Film, 2021 - 2031 |
6.3.4 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Film, 2021 - 2031 |
6.3.5 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Flushable Hygiene Products, 2021 - 2031 |
6.3.6 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Fishing Nets, 2021 - 2031 |
6.3.7 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Coffee Capsules, 2021 - 2031 |
6.3.8 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Wood Plastic Composites, 2021 - 2031 |
6.3.9 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Single-Use, 2021 - 2031 |
6.4.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Reusable, 2021 - 2031 |
6.5 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Primary Packaging, 2021 - 2031 |
6.5.3 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Secondary Packaging, 2021 - 2031 |
6.5.4 Global Polybutylene Succinate (PBS) Market, Revenues & Volume, By Tertiary Packaging, 2021 - 2031 |
7 North America Polybutylene Succinate (PBS) Market, Overview & Analysis |
7.1 North America Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
7.5 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
7.7 North America Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
8 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Overview & Analysis |
8.1 Latin America (LATAM) Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
8.5 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
8.7 Latin America (LATAM) Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
9 Asia Polybutylene Succinate (PBS) Market, Overview & Analysis |
9.1 Asia Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
9.5 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
9.7 Asia Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
10 Africa Polybutylene Succinate (PBS) Market, Overview & Analysis |
10.1 Africa Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
10.5 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
10.7 Africa Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
11 Europe Polybutylene Succinate (PBS) Market, Overview & Analysis |
11.1 Europe Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
11.5 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
11.7 Europe Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
12 Middle East Polybutylene Succinate (PBS) Market, Overview & Analysis |
12.1 Middle East Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Polybutylene Succinate (PBS) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Process, 2021 - 2031 |
12.5 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Usage, 2021 - 2031 |
12.7 Middle East Polybutylene Succinate (PBS) Market, Revenues & Volume, By Packaging Layer, 2021 - 2031 |
13 Global Polybutylene Succinate (PBS) Market Key Performance Indicators |
14 Global Polybutylene Succinate (PBS) Market - Export/Import By Countries Assessment |
15 Global Polybutylene Succinate (PBS) Market - Opportunity Assessment |
15.1 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Process, 2021 & 2031F |
15.4 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Usage, 2021 & 2031F |
15.6 Global Polybutylene Succinate (PBS) Market Opportunity Assessment, By Packaging Layer, 2021 & 2031F |
16 Global Polybutylene Succinate (PBS) Market - Competitive Landscape |
16.1 Global Polybutylene Succinate (PBS) Market Revenue Share, By Companies, 2024 |
16.2 Global Polybutylene Succinate (PBS) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |