Polybutylene Succinate Market Trends

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Report ID: 4150
Published Date: Dec 24, 2024
Report Format: PDF, PPT

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Polybutylene Succinate Sector: Growth Drivers and Challenges

Growth Drivers

Significant Utilization in Various Industries, such as, Chemical and Pharmaceutical
Growing Chemical Industry

Challenges

High Cost of Polybutylene Succinate in the Market

Polybutylene Succinate Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	19.5%
Base Year Market Size (2024)	USD 450.99 million
Forecast Year Market Size (2037)	USD 4.57 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Polybutylene Succinate Market Size & Share, Growth Forecasts 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of polybutylene succinate is estimated at USD 525.74 million.

Polybutylene Succinate Market size was over USD 450.99 million in 2024 and is anticipated to cross USD 4.57 billion by 2037, growing at more than 19.5% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is estimated to dominate majority revenue share by 2037, ascribed to exponentially rising demand for biodegradable products.

The major players in the market are Anqing Hexing Chemical Co., Ltd., Indorama Ventures Public Company Limited, Hangzhou Ruijiang Chemical Co., IKV Tribology Ltd., Setral Chemie GmbH, BASF SE, ECCO Gleittechnik GmbH, and others.