Poly Butylene Succinate Market Report 2023

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GLOBAL POLY BUTYLEN SUCCINATE MARKET REPORT
2023
Global,Regional,CountryAnalysis
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INTRODUCTION
Polybutylene succinate (PBS) (also known as
polytetramethylene succinate) is a
polyester-family thermoplastic polymer resin. PBS
is a biodegradable aliphatic polyester having
polypropylene-like characteristics. PBS is one of
the most prominent biodegradable polyesters.
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KEY INSIGHTS
MARKET SIZE USD 653.34Million
2029
CAGR 7.80
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022
Trans-Esterification of Polybutylene
Succinate USD 328.20 Million
By Application
Packaging USD 354.37 Million
End-User Segment
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Global Poly Butylene Succinate Market Revenue
share for 2022
Asia Pacific USD 235.33 Million
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Mounting use of PBS in the Packaging Industry
Drivers
Drawbacks and high cost
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Poly Butylene Succinate Market is
  witnessing significant growth in the near future.
• In 2023, the Conventional Polybutylene Succinate
  segment accounted for noticeable share of global
  Poly Butylene Succinate Market and is projected
  to experience significant growth in the near
  future.
• The Trans-Esterification of Polybutylene
  Succinate segment is expected to expand at the
  significant CAGR retaining position throughout
  the forecast period.

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KEY PLAYERS
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