Market Overview:
The global polybutanediol succinate (PBS) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The PBS market is segmented on the basis of type, application and region. On the basis of type, PBS is classified into biological base and petroleum base. Biological base PBS dominates the global market with a share of more than 60%. This can be attributed to its eco-friendly nature and biodegradability as compared to other types of plastics. By application, food and beverage packaging accounted for majority share in 2017 owing to rising demand for lightweight packaging materials that can preserve food items for longer time periods without affecting their quality or taste.
 Industry Outlook.svg)
Product Definition:
Polybutanediol succinate (PBS) is a polyester derived from butanediol and succinic acid. It is used as a synthetic plasticizer, primarily in polyvinyl chloride (PVC) applications.
Biological Base:
Biological base is also known as biobase, it is a colorless and water-soluble organic compound. It plays an important role in the synthesis of many chemicals such as antibiotics, amino acids, vitamins and proteins. The chemical formula for biological base is (HCO3)2. It consists of two parts hydrogen (H+) and one part carbon (C). Its salts include urea, DMEA Urea., formamide etc.
Petroleum Base:
Petroleum base is a colorless liquid that is produced from crude oil during the refining process. It consists of various components such as paraffins, heavy oils, and waxes. The primary component used in PBS production is butane-2-naphtha which has a high boiling point (78 °C) and low viscosity making it an ideal solvent for polybutylene succinate (PBS) production.
Application Insights:
The others segment includes personal care, textile and leather, adhesives and sealants, coatings and inks. Polybutanediol succinate is used as a processing aid for manufacturing various products such as paints, coatings, adhesives for footwear soles (sticky tapes), textiles (carpets), medical devices & equipment (orthopedic shoes) among others. The growing demand for bioplastics is expected to drive the product demand over the forecast period.
Food & beverage packaging was the largest application segment accounting for over 30% of global market share in 2017 owing to rising consumer preference towards healthy food with natural ingredients. Rising awareness regarding health benefits associated with fruits and vegetables coupled with increasing disposable income has led to an increase in consumption of polybutanediol succinate based packaging materials across the globe especially in Europe and North America regions.
Regional Analysis:
Asia Pacific Polybutanediol Succinate (PBS) Market led the global industry and accounted for over 40% of the total market volume in 2016. Asia Pacific is a major manufacturer as well as consumer of polybutanediol succinate. The region has been witnessing strong economic growth, which has resulted in an increase in construction activities across various countries such as China, India, Japan and Indonesia. This factor is anticipated to drive product demand from food packaging applications to build up infrastructures across these emerging economies over the forecast period.
Europe emerged as the second-largest regional market accounting for 20% of total industry share in 2016 owing to rising product demand from several end-use industries such as medical & healthcare, others and building & construction sectors due to increasing population coupled with rising disposable income levels among consumers.
Growth Factors:
- Increasing demand for PBS in the automotive and aerospace industries due to its excellent thermal and oxidative stability.
- Growing demand for PBS from the medical industry as a biocompatible polymer for implants, drug delivery systems, and tissue engineering applications.
- Rising demand from the electronics industry for use in insulation, adhesives, sealants, coatings, and composites.
- Increasing use of PBS in textile applications due to its good mechanical properties and flame retardancy characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polybutanediol Succinate (PBS) Market Research Report
By Type
Biological Base, Petroleum Base
By Application
Food and Beverage Packaging, Medical, Others
By Companies
SHOWA, Mitsubishi Chemical, Anqing He Xing, Kingfa, Sealong Biotechnology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Polybutanediol Succinate (PBS) Market Report Segments:
The global Polybutanediol Succinate (PBS) market is segmented on the basis of:
Types
Biological Base, Petroleum Base
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Packaging, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SHOWA
- Mitsubishi Chemical
- Anqing He Xing
- Kingfa
- Sealong Biotechnology
 Market Overview.svg)
Highlights of The Polybutanediol Succinate (PBS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Biological Base
- Petroleum Base
- By Application:
- Food and Beverage Packaging
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polybutanediol Succinate (PBS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polybutanediol succinate is a polymeric material that has been used in various applications, such as coatings and adhesives. It is also known as PBT or butanediol-polybutylene succinate.
Some of the major companies in the polybutanediol succinate (pbs) market are SHOWA, Mitsubishi Chemical, Anqing He Xing, Kingfa, Sealong Biotechnology.
The polybutanediol succinate (pbs) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polybutanediol Succinate (PBS) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polybutanediol Succinate (PBS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polybutanediol Succinate (PBS) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polybutanediol Succinate (PBS) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polybutanediol Succinate (PBS) Market Size & Forecast, 2020-2028
4.5.1 Polybutanediol Succinate (PBS) Market Size and Y-o-Y Growth
4.5.2 Polybutanediol Succinate (PBS) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Biological Base
5.2.2 Petroleum Base
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage Packaging
6.2.2 Medical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polybutanediol Succinate (PBS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polybutanediol Succinate (PBS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Biological Base
9.6.2 Petroleum Base
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage Packaging
9.10.2 Medical
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Biological Base
10.6.2 Petroleum Base
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage Packaging
10.10.2 Medical
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Biological Base
11.6.2 Petroleum Base
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage Packaging
11.10.2 Medical
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Biological Base
12.6.2 Petroleum Base
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage Packaging
12.10.2 Medical
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Biological Base
13.6.2 Petroleum Base
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage Packaging
13.10.2 Medical
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polybutanediol Succinate (PBS) Market: Competitive Dashboard
14.2 Global Polybutanediol Succinate (PBS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SHOWA
14.3.2 Mitsubishi Chemical
14.3.3 Anqing He Xing
14.3.4 Kingfa
14.3.5 Sealong Biotechnology
