PBS Resin Market 2023 : Polybutylene succinate (PBS) is a polymer compound with a simplified structural formula of H-[O(CH2)4OOC(CH2)2CO]n-OH. It is a white semi-crystalline polymer. Soluble in chloroform, slightly soluble in tetrahydrofuran, almost insoluble in water, methanol or ethanol
The global PBS Resin market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.
North American market for PBS Resin is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
Asia-Pacific market for PBS Resin is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
The major global companies of PBS Resin include Mitsubishi Chemical, Anqing Hexing and SJBRT Chemical, etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
The global market for PBS Resin in Disposable Packaging is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, PBS Resin, which accounted for % of the global market of PBS Resin in 2021, is expected to reach million US$ by 2028, growing at a revised CAGR of % from 2022 to 2028.
Top Key Players:
- Mitsubishi Chemical
- Anqing Hexing
- SJBRT Chemical
PBS Resin Market By Applications
- Disposable Packaging
- Disposable Tableware
- Agricultural Film
PBS Resin Market By Types
- PBS Resin
- PBSA Resin
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