Polybutylene Succinate Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025
Polybutylene succinate (PBS), also referred to as polytetramethylene succinate, is a biodegradable thermoplastic polyester resin synthesized by polycondensation of succinic acid with 1, 4 butanediol. Polybutylene succinate belongs to the family of biodegradable polymers, and is metabolized by microorganisms present in the ground.
Polybutylene succinate (PBS), also referred to as polytetramethylene succinate, is a biodegradable thermoplastic polyester resin synthesized by polycondensation of succinic acid with 1, 4 butanediol. Polybutylene succinate belongs to the family of biodegradable polymers, and is metabolized by microorganisms present in the ground.
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<strong>Polybutylene</strong><br />
<strong>Succinate</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> <strong>Forecast</strong>,<br />
<strong>2015</strong>– <strong>2025</strong><br />
Future <strong>Market</strong> Insights<br />
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Report Description<br />
<strong>Polybutylene</strong> succinate (PBS), also referred to as polytetramethylene succinate, is a<br />
biodegradable thermoplastic polyester resin synthesized by polycondensation of succinic acid<br />
with 1, 4 butanediol. <strong>Polybutylene</strong> succinate belongs to the family of biodegradable polymers,<br />
<strong>and</strong> is metabolized by microorganisms present in the ground. Moreover, <strong>Polybutylene</strong> succinate<br />
is characterized by mechanical properties that are comparable with those of widely <strong>use</strong>d<br />
polymers such as polyethylene <strong>and</strong> polypropylene. The favorable properties coupled with ease<br />
of processing has resulted in emergence of a variety of application areas across diverse end <strong>use</strong><br />
industries for <strong>Polybutylene</strong> succinate.<br />
<strong>Polybutylene</strong> succinate <strong>Market</strong>: Drivers & Restraints<br />
<strong>Polybutylene</strong> succinate is biodegradable polymer, as such, the growing dem<strong>and</strong> for<br />
biodegradable polymers across the globe is expected to in turn result in a steady growth of<br />
global <strong>Polybutylene</strong> succinate market. Also, growing adoption in agricultural applications such as<br />
for mulch films is expected to set the pace for growth of <strong>Polybutylene</strong> succinate market.<br />
Furthermore, the growth in end <strong>use</strong> industries such as that in packaging industry is expected to<br />
bolster the growth of <strong>Polybutylene</strong> succinate market during the forecast period. The raw<br />
materials for <strong>Polybutylene</strong> succinate namely succinic acid <strong>and</strong> 1, 4 butanediol are produced from<br />
petroleum feedstock, as such, price of these is susceptible to fluctuations resulting from<br />
volatility of crude oil price. This is expected to act as an impediment to the growth of<br />
<strong>Polybutylene</strong> succinate market during the forecast period.
Report Description<br />
However, a recent trend witnessed among <strong>Polybutylene</strong> succinate market is that efforts are<br />
channelized towards developing bio-based <strong>Polybutylene</strong> succinate from bio based 1, 4<br />
butanediol <strong>and</strong> succinic acid.<br />
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516<br />
<strong>Polybutylene</strong> succinate <strong>Market</strong>: Segmentation<br />
On the basis of end <strong>use</strong> industry, the global <strong>Polybutylene</strong> succinate market has been segmented<br />
into the following key market segments:<br />
• Packaging<br />
• Agriculture<br />
• Textile<br />
• Consumer goods<br />
• Electronics <strong>and</strong> electrical<br />
• Automotive<br />
• Others
Report Description<br />
<strong>Polybutylene</strong> succinate <strong>Market</strong>: Region-wise Outlook<br />
On the basis of geographic regions, global <strong>Polybutylene</strong> succinate market is segmented into<br />
seven key segments namely North America, Latin America, Western Europe, Eastern Europe,<br />
Asia Pacific, Japan, <strong>and</strong> Middle East & Africa. Among the regional segments, Asia Pacific<br />
<strong>Polybutylene</strong> succinate market is expected to register fastest growth during the forecast period.<br />
The global polybutylene succinate market is expected to witness a steady growth during the<br />
forecast period.<br />
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<strong>Polybutylene</strong> succinate <strong>Market</strong>: Key Players<br />
Some of the identified major participants of the global polybutylene succinate market are as<br />
follows:<br />
Mitsubishi Chemicals<br />
Showa Denko K.K<br />
PTT MCC Biochem Co., Ltd.<br />
IRe Chemical Ltd.
Report Description<br />
Sinoven Biopolymers Inc.<br />
SK Chemical<br />
Kingfa Science & Technology Co.<br />
Anqing Hexing chemical Co., Ltd<br />
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