Polybutylene Succinate (PBS) Production Capacity, Demand, Pricing and Market Outlook Report Till 2032

Polybutylene Succinate (PBS) Introduction:

Polybutylene Succinate (PBS) is a semi-crystalline, biodegradable thermoplastic polymer resin produced by the esterification of succinic acid and 1,4-butanediol. It is widely used in the packaging, consumer goods, agriculture, and automotive industry. PBS is used to make bags, boxes, agricultural films, bags, tableware, cosmetic packaging, etc.

In terms of PBS demand by application, the Packaging segment dominates the market. PBS is used as an adhesive and sealant in packaging applications including corrugated boxes, fibreboard cartons, paper cups and plates, PET bottles, and cans among others. The rising demand for packaged food products is expected to boost the PBS market in the forecast period.

The packaging segment holds the largest share of the PBS market. It is widely used for sustainable packaging, in the manufacture of single-use shopping bags, single-serve coffee cups, compostable plastic bags, cutlery, etc. It is used as a bonding medium in toys, home appliances, electronics, furniture, etc.

PBS is used as an adhesive in electronics applications, including computer chipsets, display panels, and motherboards. The increasing demand for high-quality electronic components is expected to boost the PBS demand. They are used in the automotive industry for the manufacture of lightweight automotive components.

PBS is used as a reinforcement agent in textile applications such as yarns, fabrics, and carpets. The growing demand for high-quality textiles is expected to boost the PBS market over the forecast period.

Global Polybutylene Succinate (PBS) Demand Analysis (2014 - 2030)


Global Polybutylene Succinate (PBS) Demand Analysis (2014 - 2030)

Rising demand from the agriculture industry

In the agriculture industry, PBS is widely used in the manufacture of mulching films or delayed-release materials for pesticides and fertilizers. Mulch films are used to alter the soil temperature, prevent moisture loss, limit the growth of weeds, and improve the yield. PBS is used as a water-repellent and soil-binding agent in agriculture applications such as crop protection, fruit and vegetable production, and livestock feed. The increasing demand for organic products is expected to drive the PBS market over the forecast period.

Rise in demand from the packaging industry

The packaging application is the largest segment in the PBS market, owing to the increasing usage of PBS for packaging purposes. PBS has a high heat resistance as compared to the other resins and it also has high compatibility with fiber. It exhibits many properties including biodegradability, melt processability, as well as thermal and chemical resistance. These advantages of PBS are the major factor driving its demand for the application of packaging films during the forecast period.

Fluctuation in crude oil prices

The raw materials used for the production of PBS are succinic acid and 1,4-butanediol which are derived from petroleum feedstock. Fluctuations in the prices of crude oil directly affect the prices of PBS raw materials which affects the overall PBS market. The price of PBS also rises as a result of the uncertainty in the crude oil prices.

Polybutylene Succinate (PBS) Application  (KT) Polybutylene Succinate (PBS) Application -2019

Polybutylene Succinate (PBS) Region Analysis:

Asia Pacific dominates the PBS market, owing to the increasing agricultural investments by the governments in the region. Governments are also investing extensively in agricultural projects and investments because it is one of the most effective ways to improve environmental sustainability. The increasing efforts from the government to boost the agriculture sector in the Asia Pacific region.

MCPP (Mitsubishi), Succinity GMBH (JV between BASF & Corbion), Showa Denko, PTT MCC BioChem, and Roquette are some of the PBS manufacturers globally. Xinfu Pharmaceutical is the world’s largest PBS producer with an annual capacity of 20 Kiloton. In 2021 April, Mitsubishi Chemical Corporation company announced the development of the world’s first Marine-Biodegradable form of BioPBS.


 Polybutylene Succinate (PBS) Regional Demand

Scope of Report 

The Polybutylene Succinate (PBS) report describes the global Polybutylene Succinate (PBS) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Polybutylene Succinate (PBS) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Polybutylene Succinate (PBS) Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Packaging
      • Consumer Goods
      • Agriculture
      • Automotive
      • Others 
5.  Introduction to Polybutylene Succinate and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Polybutylene Succinate Demand Analysis, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Polybutylene Succinate Market, By Applications
          Packaging
          Consumer Goods
          Agriculture
          Automotive
          Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Polybutylene Succinate Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Polybutylene Succinate Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - MCPP (Mitsubishi)
             - Succinity Gmbh (JV between Basf & Corbion)
             - Showa Denko
             - PTT MCC BioChem
             - Roquette
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Polybutylene Succinate (PBS) report describes the global Polybutylene Succinate (PBS) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Polybutylene Succinate (PBS) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Polybutylene Succinate (PBS) Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment