Polybutylene succinate (PBS) is biodegradable aliphatic polyester which is manufactured from polymerization reaction of butylene succinate. Feedstock such as polybutylene succinate has similar properties as polypropylene. Thus, PBS is highly flexible and has heat resistance characteristics. It is also used as a blending component with polylactic acid. The report covers application areas such as automotive, packaging, consumer goods, electric & electronics, and others.
Growing demand for innovative packaging from industries such as food & beverage, pharmaceuticals, etc., is contributing to the growth of PBS market. Also, PBS helps to manufacture light weight automotive components; which leads to its growing demand from automotive industry. PBS also remains stable at volatile temperature, due to which it is used to manufacture consumer goods. However, recent consumer trend of preferring bio- based products is hampering the growth of the market. The global market is projected to grow at a CAGR of xx.x% during 2014-2019.
This market research study provides a detailed qualitative and quantitative analysis of the global polybutylene succinate market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the polybutylene succinate market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the global market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Eastman, Anqing Hexing Chemical Co.,Ltd., DuPont, BASF SE, Showa Denko K.K., Japan Mitsubishi, Zhejiang Hangzhou Xinfu Pharmaceutical Co.,Ltd., and other are operating in this market
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