Polybutylene Succinate Market – Forecast (2021-2026)

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Polybutylene Succinate MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Polybutylene Succinate Market is forecast to
  reach 110.3 million by 2026, after growing at a
  CAGR of 9.6 during 2021-2026.
• Polybutylene succinate (PBS) is a
  polyester-family thermoplastic polymer resin.
  Polybutylene succinate is highly heat resistant
  and highly compatible with fiber resins in the
  general biodegradability resin, owing to which it
  is extensively used in various end-use industries
  such as packaging, biomedical, agriculture, and
  more.
• The main growth drivers of the polybutylene
  succinate market are the increasing demand for
  biodegradable polymers globally, the growing
  agricultural sector, and the growing demand from
  the packaging industry.

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• Key Takeaways
• Asia Pacific dominates the polybutylene succinate
  market, owing to the increasing agricultural
  investments by the governments in the region.
• NABARD announced a venture capital fund
  investment of Rs 700 crore (US 100 million) for
  equity investments in agriculture and rural
  start-ups in India in May 2019.
• Polybutylene succinate is a biodegradable
  polymer. And the demand for biodegradable
  polymers across the globe is growing, which is
  projected to boost the polybutylene succinate
  market growth during the forecast period.

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Polybutylene Succinate Market Segment Analysis -
By Geography Asia Pacific region held the
largest share in the polybutylene succinate
market in 2020 up to 38.3, owing to increased
demand for the food and beverage industry, which
bolsters the growth of the packaging industry in
the region. Through the Ministry of Food
Processing Industries (MoFPI), the Government of
India is taking all the steps necessary to boost
investment in the food processing industry. The
government has sanctioned 37 food parks funded
under the Mega Food Parks Scheme, 20 are
operational and 17 are under implementation as of
29th Oct 2020. According to Invest India, by
2025, Indias food processing sector is expected
to be worth over half a trillion dollars.
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• Polybutylene Succinate Market Industry Outlook
• PTT MCC Biochem Co., Ltd.
• Succinity GmbH
• Reverdia
• Eastman Chemical Company
• Showa Denko K.K.,
• BioAmber Inc.,
• DowDuPont
• Hexing Chemical

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Polybutylene Succinate Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/16097/polybuty
lene-succinate-market.html
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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