Polybutylene Succinate Market Industry Analysis, Regional Outlook, Competitive Market, Forecast To 2031 | Key-Players: Mitsubishi Chemicals, Showa Denko K.K , PTT MCC Biochem Co., Ltd.

New York, Global Polybutylene Succinate Market report from Global Insight Services is the single authoritative source of intelligence on Polybutylene Succinate Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Polybutylene succinate (PBS) is a thermoplastic polyester with repeating units of succinic acid and 1,4-butanediol. It is a biodegradable and compostable alternative to conventional plastics such as polyethylene terephthalate (PET) and polystyrene (PS). PBS is transparent and has a glassy appearance. It is soluble in organic solvents such as acetone and tetrahydrofuran (THF). PBS is used in a variety of applications including food packaging, medical devices, and electronics.

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Key Trends

The key trends in Polybutylene Succinate technology are the development of new and improved methods for the production of the polymer, the development of new and improved methods for the processing of the polymer, and the development of new and improved applications for the polymer.

The production of Polybutylene Succinate has traditionally been accomplished via the use of an organic solvent such as dimethylformamide. However, new methods have been developed that allow for polymer production in an aqueous solution. These new methods are more environmentally friendly and allow for the production of the polymer on a larger scale.

The processing of Polybutylene Succinate has also been improved. New methods have been developed that allow for the polymer to be processed at lower temperatures. These new methods also allow for the polymer to be processed at higher speeds.

Key Drivers

The key drivers of the polybutylene succinate market are its biodegradability, renewability, and recyclability. Additionally, polybutylene succinate has good mechanical and thermal properties, making it suitable for many applications.

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Market Segments

The Polybutylene Succinate Market is segmented based on type, application, end-user, and region. The type segment is categorized into conventional polybutylene succinate and bio-based polybutylene succinate. Based on application, the market is classified into mulch films, bags, packaging films, and others. Based on end-users, the market is classified into packaging, agriculture, textile, consumer goods, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Polybutylene Succinate Market report includes players such as Mitsubishi ChemicalsShowa Denko K.K , PTT MCC Biochem Co., Ltd., IRe Chemical Ltd., Dai Nippon Printing Co., Ltd.SK ChemicalKingfa Science & Technology Co., Anqing Hexing Chemical Co., Ltd., Hangzhou Ruijiang Chemical Co., and WILLEAP.

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