Degradable Poly (Butylene Succinate) (PBS) Market size is estimated to be USD 450 Million in 2024 and is expected to reach USD 1.2 Billion by 2033 at a CAGR of 12.5% from 2026 to 2033.
The global degradable Poly (Butylene Succinate) (PBS) market has been experiencing significant growth due to increasing environmental concerns and the demand for sustainable packaging solutions. In 2021, the market was valued at approximately USD 276.51 million and is projected to reach USD 1.39 billion by 2030, reflecting a compound annual growth rate (CAGR) of 19.7% from 2022 to 2030. This growth is driven by the rising adoption of biodegradable plastics across various industries, including packaging, agriculture, and consumer goods.
Regionally, Asia Pacific holds a dominant position in the PBS market, accounting for about 37% of the global share in 2021. This is attributed to the increasing demand from countries like China, Japan, South Korea, and Thailand, which offer substantial growth and profitability potential. The regions market is expected to continue its robust expansion, supported by government initiatives promoting sustainable materials and the growing awareness of environmental issues. In contrast, other regions are also witnessing growth, albeit at varying rates, influenced by local regulations, consumer preferences, and industrial applications.
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SHOWA
Mitsubishi Chemical
Anqing He Xing
Kingfa
Sealong Biotechnology
Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co.
Ltd
Shandong LanDian Biological Technology Co.
LTD.
Yifan Pharmaceutical Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Degradable Poly (Butylene Succinate) (PBS) Market
Packs and Bags
Food Packaging
Agricultural Films
Disposable Tableware
Textiles
Medical Applications
Food and Beverage
Agriculture
Consumer Goods
Healthcare
Textiles and Apparel
Electronics
Homopolymer PBS
Blended PBS
Copolymer PBS
Batch Process
Continuous Process
Biodegradable and Compostable Characteristics
Thermal Stability
Mechanical Strength
Optical Clarity
Barrier Properties
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Degradable Poly (Butylene Succinate) (PBS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Degradable Poly (Butylene Succinate) (PBS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Degradable Poly (Butylene Succinate) (PBS) Market, By Type
6. Global Degradable Poly (Butylene Succinate) (PBS) Market, By Application
7. Global Degradable Poly (Butylene Succinate) (PBS) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Degradable Poly (Butylene Succinate) (PBS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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