Polybutylene Succinate companies

Key Polybutylene Succinate Market Players:

The market for polybutylene succinate (PBS) is relatively consolidated due to companies leading innovations in biodegradable plastics. Also, at least European producers, like BASF and Novamont, have large shares of the market. They hold these shares through R&D and collaborations with companies in related industries. Producers in South Korea and China are rapidly adding capacity to meet regional demands from the Asia-Pacific. The USA and Australian producers are focusing on sustainable biopolymer technologies. The utilized strategies of capacity expansions, joint ventures (such as Succinity GmbH), licensing technologies, and partnerships with packaging and agriculture companies that solidify firms in the market, are simultaneously diversifying supply chains and allowing global producers to achieve their goals in the circular economy.

Some of the key players operating in the market are listed below:

Company Name	Country of Origin	Estimated Market Share (%)
BASF SE	Germany	~16%
Showa Denko (acquired by Resonac)	South Korea	~13%
Mitsubishi Chemical Group Corporation	USA (subsidiary operations)	~11%
Succinity GmbH (joint venture of BASF and Corbion)	Germany/Netherlands	~9%
Corbion N.V.	Netherlands	~6%
NatureWorks LLC	USA	~xx%
Lotte Chemical Corporation	South Korea	~xx%
SK Chemicals Co., Ltd.	South Korea	~xx%
CJ CheilJedang Corp.	South Korea	~xx%
PTT MCC Biochem Co., Ltd.	Thailand	~xx%
Kingfa Science & Technology Co., Ltd.	China	~xx%
TianAn Biopolymer Co., Ltd.	China	~xx%
BioPBS™ (PTT MCC Biochem)	Thailand	~xx%
Cardia Bioplastics Limited	Australia	~xx%
JNJ Resources Sdn Bhd	Malaysia	~xx%

Here are a few areas of focus covered in the competitive landscape of the market:

• Company Overview
• Business Strategy
• Key Product Offerings
• Financial Performance
• Key Performance Indicators
• Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis