| Product Code: ETC8048842 | 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 |
In 2024, Lithuania saw a significant shift in the import shipments of polybutylene succinate (PBS), with top exporters being Germany, Other European countries, Poland, Sweden, and China. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from a very high level in 2023 to a lower concentration in 2024. Despite a negative compound annual growth rate (CAGR) of -4.9% from 2020 to 2024, the growth rate in 2024 experienced a sharp decline of -63.11% compared to the previous year. This indicates a challenging market environment for PBS imports in Lithuania.

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 Lithuania Polybutylene Succinate (PBS) Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Polybutylene Succinate (PBS) Market - Industry Life Cycle |
3.4 Lithuania Polybutylene Succinate (PBS) Market - Porter's Five Forces |
3.5 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.9 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Packaging Layer, 2021 & 2031F |
4 Lithuania 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 regulations promoting the use of biodegradable plastics |
4.2.3 Growing awareness among consumers about reducing plastic waste |
4.3 Market Restraints |
4.3.1 High production costs compared to conventional plastics |
4.3.2 Limited availability of raw materials |
4.3.3 Lack of infrastructure for recycling biodegradable plastics |
5 Lithuania Polybutylene Succinate (PBS) Market Trends |
6 Lithuania Polybutylene Succinate (PBS) Market, By Types |
6.1 Lithuania Polybutylene Succinate (PBS) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Conventional Polybutylene Succinate (PBS), 2021- 2031F |
6.1.4 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Bio-Based Polybutylene Succinate(PBS), 2021- 2031F |
6.2 Lithuania Polybutylene Succinate (PBS) Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Trans-Esterification, 2021- 2031F |
6.2.3 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Direct Esterification, 2021- 2031F |
6.3 Lithuania Polybutylene Succinate (PBS) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Bags, 2021- 2031F |
6.3.3 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Mulch Film, 2021- 2031F |
6.3.4 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Packaging Film, 2021- 2031F |
6.3.5 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Flushable Hygiene Products, 2021- 2031F |
6.3.6 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Fishing Nets, 2021- 2031F |
6.3.7 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Coffee Capsules, 2021- 2031F |
6.3.8 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Lithuania Polybutylene Succinate (PBS) Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Single-Use, 2021- 2031F |
6.4.3 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Reusable, 2021- 2031F |
6.5 Lithuania Polybutylene Succinate (PBS) Market, By Packaging Layer |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Primary Packaging, 2021- 2031F |
6.5.3 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Secondary Packaging, 2021- 2031F |
6.5.4 Lithuania Polybutylene Succinate (PBS) Market Revenues & Volume, By Tertiary Packaging, 2021- 2031F |
7 Lithuania Polybutylene Succinate (PBS) Market Import-Export Trade Statistics |
7.1 Lithuania Polybutylene Succinate (PBS) Market Export to Major Countries |
7.2 Lithuania Polybutylene Succinate (PBS) Market Imports from Major Countries |
8 Lithuania Polybutylene Succinate (PBS) Market Key Performance Indicators |
8.1 Percentage of companies adopting PBS packaging solutions |
8.2 Research and development investment in biodegradable materials |
8.3 Consumer surveys on willingness to pay a premium for eco-friendly packaging |
9 Lithuania Polybutylene Succinate (PBS) Market - Opportunity Assessment |
9.1 Lithuania Polybutylene Succinate (PBS) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Lithuania Polybutylene Succinate (PBS) Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Lithuania Polybutylene Succinate (PBS) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Lithuania Polybutylene Succinate (PBS) Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.5 Lithuania Polybutylene Succinate (PBS) Market Opportunity Assessment, By Packaging Layer, 2021 & 2031F |
10 Lithuania Polybutylene Succinate (PBS) Market - Competitive Landscape |
10.1 Lithuania Polybutylene Succinate (PBS) Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Polybutylene Succinate (PBS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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