Polybutylene Succinate Market Analysis

  • Report ID: 4150
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Polybutylene Succinate Market Analysis

The market is segmented by type into bio-based and conventional polybutylene succinate, out of which, the bio-based segment is anticipated to hold the notable share in the global polybutylene succinate market during the forecast period on account of its higher utilization in multiple industries and manufacturing of various products such as medical and tableware articles. Furthermore, rising awareness of utilizing bio-based products across the globe is estimated to hike the growth of the segment over the forecast period.

Our in-depth analysis of the global market includes the following segments:

           By Type

  • Bio-Based
  • Conventional Polybutylene Succinate

             By Technology

  • Direct-Esterification
  • Trans-Esterification

 

 

         By Application

  • Packaging
  • Flushable Hygiene
  • Coffee Capsule
  • Others

         By End-User Industry

  • Agriculture
  • Automotive
  • Electronic
  • Electrical
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 4150
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of polybutylene succinate is evaluated at USD 436.27 million.

Polybutylene Succinate Market size was over USD 377.4 million in 2023 and is expected to exceed USD 3.82 billion by 2036, growing at over 19.5% CAGR during the forecast period i.e., between 2024-2036. Significant utilization in various industries such as chemical, pharmaceutical, and others will boost the market growth.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, ascribed to exponentially rising demand for biodegradable products.

The major players in the market are Anqing Hexing Chemical Co., Ltd., Indorama Ventures Public Company Limited, Hangzhou Ruijiang Chemical Co., IKV Tribology Ltd., Setral Chemie GmbH, BASF SE, ECCO Gleittechnik GmbH, and others.
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