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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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.