Product Code: ETC8849152 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Polybutylene succinate (PBS) is emerging as a key biodegradable polymer in the Philippines, with applications in food packaging, agriculture, and medical products. Its biodegradability and high thermal stability make it a preferred material for environmentally friendly packaging solutions. Growing regulatory support for sustainable packaging and increased awareness of plastic waste management are driving the expansion of the PBS market.
The increasing focus on bioplastics and eco-friendly materials is driving the polybutylene succinate (PBS) market in the Philippines. PBS is widely used in packaging, disposable cutlery, agricultural films, and textile applications due to its biodegradability and excellent mechanical properties. The rising demand for sustainable alternatives to conventional plastics in food packaging and consumer goods is a key factor contributing to market expansion. Additionally, advancements in polymer production technologies and government policies supporting biodegradable materials are further boosting PBS adoption in various industries.
The PBS market encounters obstacles due to its relatively high production costs compared to conventional plastics. Although biodegradable plastics are gaining popularity, the lack of government incentives and proper waste management infrastructure slows adoption. Furthermore, competition from other bioplastics such as PLA (polylactic acid) limits market growth.
Polybutylene succinate (PBS) is another biodegradable polymer with applications in packaging, textiles, and medical products. Investment in PBS production and supply chain development can cater to the rising demand for eco-friendly materials. Companies can also explore research and development to enhance PBS performance and expand its use in various industries.
Polybutylene succinate (PBS) is gaining traction in the Philippines as a biodegradable polymer used in food packaging, agricultural films, and disposable products. The government`s push for eco-friendly alternatives to traditional plastics supports the market, with incentives for companies investing in sustainable materials. PBS blends well with other biodegradable polymers, making it a versatile choice for various applications. Despite its benefits, high production costs and limited raw material availability in the country pose challenges for large-scale adoption.
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 Philippines Polybutylene Succinate (PBS) Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Polybutylene Succinate (PBS) Market - Industry Life Cycle |
3.4 Philippines Polybutylene Succinate (PBS) Market - Porter's Five Forces |
3.5 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.9 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume Share, By Packaging Layer, 2021 & 2031F |
4 Philippines Polybutylene Succinate (PBS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Polybutylene Succinate (PBS) Market Trends |
6 Philippines Polybutylene Succinate (PBS) Market, By Types |
6.1 Philippines Polybutylene Succinate (PBS) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Conventional Polybutylene Succinate (PBS), 2021- 2031F |
6.1.4 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Bio-Based Polybutylene Succinate(PBS), 2021- 2031F |
6.2 Philippines Polybutylene Succinate (PBS) Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Trans-Esterification, 2021- 2031F |
6.2.3 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Direct Esterification, 2021- 2031F |
6.3 Philippines Polybutylene Succinate (PBS) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Bags, 2021- 2031F |
6.3.3 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Mulch Film, 2021- 2031F |
6.3.4 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Packaging Film, 2021- 2031F |
6.3.5 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Flushable Hygiene Products, 2021- 2031F |
6.3.6 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Fishing Nets, 2021- 2031F |
6.3.7 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Coffee Capsules, 2021- 2031F |
6.3.8 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Polybutylene Succinate (PBS) Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Single-Use, 2021- 2031F |
6.4.3 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Reusable, 2021- 2031F |
6.5 Philippines Polybutylene Succinate (PBS) Market, By Packaging Layer |
6.5.1 Overview and Analysis |
6.5.2 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Primary Packaging, 2021- 2031F |
6.5.3 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Secondary Packaging, 2021- 2031F |
6.5.4 Philippines Polybutylene Succinate (PBS) Market Revenues & Volume, By Tertiary Packaging, 2021- 2031F |
7 Philippines Polybutylene Succinate (PBS) Market Import-Export Trade Statistics |
7.1 Philippines Polybutylene Succinate (PBS) Market Export to Major Countries |
7.2 Philippines Polybutylene Succinate (PBS) Market Imports from Major Countries |
8 Philippines Polybutylene Succinate (PBS) Market Key Performance Indicators |
9 Philippines Polybutylene Succinate (PBS) Market - Opportunity Assessment |
9.1 Philippines Polybutylene Succinate (PBS) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Polybutylene Succinate (PBS) Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Philippines Polybutylene Succinate (PBS) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Polybutylene Succinate (PBS) Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.5 Philippines Polybutylene Succinate (PBS) Market Opportunity Assessment, By Packaging Layer, 2021 & 2031F |
10 Philippines Polybutylene Succinate (PBS) Market - Competitive Landscape |
10.1 Philippines Polybutylene Succinate (PBS) Market Revenue Share, By Companies, 2024 |
10.2 Philippines Polybutylene Succinate (PBS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |