Latvia Polybutylene Succinate (PBS) Market (2025-2031) | Size & Revenue, Analysis, Trends, Segmentation, Forecast, Competitive Landscape, Outlook, Value, Growth, Industry, Companies, Share
Market Forecast By Product (Conventional Polybutylene Succinate (PBS), Bio-Based Polybutylene Succinate(PBS)), By Process (Trans-Esterification, Direct Esterification), By Application (Bags, Mulch Film, Packaging Film, Flushable Hygiene Products, Fishing Nets, Coffee Capsules, Wood Plastic Composites, Others), By Usage (Single-Use, Reusable), By Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging) And Competitive Landscape
| Product Code: ETC7919062 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Polybutylene Succinate (Pbs) Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s import shipments of polybutylene succinate (PBS) in 2024 continue to be dominated by top exporters such as Finland, Germany, Italy, Portugal, and Belgium. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remains high, indicating significant market power among these exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 is a healthy 8.16%, with a notable growth spurt of 23.41% from 2023 to 2024. This suggests a growing demand for PBS in Latvia, driven by various factors such as environmental concerns and technological advancements.
Key Highlights of the Report:
- Latvia Polybutylene Succinate (PBS) Market Outlook
- Market Size of Latvia Polybutylene Succinate (PBS) Market, 2024
- Forecast of Latvia Polybutylene Succinate (PBS) Market, 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Revenues & Volume for the Period 2021- 2031
- Latvia Polybutylene Succinate (PBS) Market Trend Evolution
- Latvia Polybutylene Succinate (PBS) Market Drivers and Challenges
- Latvia Polybutylene Succinate (PBS) Price Trends
- Latvia Polybutylene Succinate (PBS) Porter's Five Forces
- Latvia Polybutylene Succinate (PBS) Industry Life Cycle
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Conventional Polybutylene Succinate (PBS) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Bio-Based Polybutylene Succinate(PBS) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Process for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Trans-Esterification for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Direct Esterification for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Bags for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Mulch Film for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Packaging Film for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Flushable Hygiene Products for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Fishing Nets for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Coffee Capsules for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Wood Plastic Composites for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Usage for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Single-Use for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Reusable for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Packaging Layer for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Primary Packaging for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Secondary Packaging for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polybutylene Succinate (PBS) Market Revenues & Volume By Tertiary Packaging for the Period 2021- 2031
- Latvia Polybutylene Succinate (PBS) Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Process
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Usage
- Market Opportunity Assessment By Packaging Layer
- Latvia Polybutylene Succinate (PBS) Top Companies Market Share
- Latvia Polybutylene Succinate (PBS) Competitive Benchmarking By Technical and Operational Parameters
- Latvia Polybutylene Succinate (PBS) Company Profiles
- Latvia Polybutylene Succinate (PBS) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Polybutylene Succinate (PBS) Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Polybutylene Succinate (PBS) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Latvia Polybutylene Succinate (PBS) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polybutylene Succinate (PBS) Market - Industry Life Cycle |
3.4 Latvia Polybutylene Succinate (PBS) Market - Porter's Five Forces |
3.5 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.9 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Packaging Layer, 2021 & 2031F |
4 Latvia Polybutylene Succinate (PBS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable packaging solutions |
4.2.2 Government initiatives promoting the use of biodegradable plastics |
4.2.3 Growing awareness among consumers about the environmental impact of traditional plastics |
4.3 Market Restraints |
4.3.1 High production costs compared to conventional plastics |
4.3.2 Limited availability of raw materials for polybutylene succinate (PBS) production |
4.3.3 Lack of standardized regulations and certifications for biodegradable plastics |
5 Latvia Polybutylene Succinate (PBS) Market Trends |
6 Latvia Polybutylene Succinate (PBS) Market, By Types |
6.1 Latvia Polybutylene Succinate (PBS) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Conventional Polybutylene Succinate (PBS), 2021- 2031F |
6.1.4 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Bio-Based Polybutylene Succinate(PBS), 2021- 2031F |
6.2 Latvia Polybutylene Succinate (PBS) Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Trans-Esterification, 2021- 2031F |
6.2.3 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Direct Esterification, 2021- 2031F |
6.3 Latvia Polybutylene Succinate (PBS) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Bags, 2021- 2031F |
6.3.3 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Mulch Film, 2021- 2031F |
6.3.4 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Packaging Film, 2021- 2031F |
6.3.5 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Flushable Hygiene Products, 2021- 2031F |
6.3.6 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Fishing Nets, 2021- 2031F |
6.3.7 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Coffee Capsules, 2021- 2031F |
6.3.8 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Polybutylene Succinate (PBS) Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Single-Use, 2021- 2031F |
6.4.3 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Reusable, 2021- 2031F |
6.5 Latvia Polybutylene Succinate (PBS) Market, By Packaging Layer |
6.5.1 Overview and Analysis |
6.5.2 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Primary Packaging, 2021- 2031F |
6.5.3 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Secondary Packaging, 2021- 2031F |
6.5.4 Latvia Polybutylene Succinate (PBS) Market Revenues & Volume, By Tertiary Packaging, 2021- 2031F |
7 Latvia Polybutylene Succinate (PBS) Market Import-Export Trade Statistics |
7.1 Latvia Polybutylene Succinate (PBS) Market Export to Major Countries |
7.2 Latvia Polybutylene Succinate (PBS) Market Imports from Major Countries |
8 Latvia Polybutylene Succinate (PBS) Market Key Performance Indicators |
8.1 Percentage of packaging industry adopting biodegradable materials |
8.2 Number of government policies supporting the use of biodegradable plastics |
8.3 Consumer awareness surveys on environmental concerns and preference for sustainable packaging materials |
9 Latvia Polybutylene Succinate (PBS) Market - Opportunity Assessment |
9.1 Latvia Polybutylene Succinate (PBS) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Polybutylene Succinate (PBS) Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Latvia Polybutylene Succinate (PBS) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Polybutylene Succinate (PBS) Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.5 Latvia Polybutylene Succinate (PBS) Market Opportunity Assessment, By Packaging Layer, 2021 & 2031F |
10 Latvia Polybutylene Succinate (PBS) Market - Competitive Landscape |
10.1 Latvia Polybutylene Succinate (PBS) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polybutylene Succinate (PBS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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